See more : Nu Ride Inc. (NRDE) Income Statement Analysis – Financial Results
Complete financial analysis of China Automotive Systems, Inc. (CAAS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of China Automotive Systems, Inc., a leading company in the Auto – Parts industry within the Consumer Cyclical sector.
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China Automotive Systems, Inc. (CAAS)
About China Automotive Systems, Inc.
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. It produces rack and pinion power steering gears for cars and light-duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronic and hydraulic power steering systems and parts. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research and development support services, as well as markets automotive parts in North America and Brazil. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was incorporated in 1999 and is headquartered in Jingzhou, the People's Republic of China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 576.35M | 529.55M | 497.99M | 417.64M | 431.43M | 496.16M | 499.06M | 462.05M | 443.53M | 466.77M | 415.16M | 336.01M | 347.97M | 345.93M | 255.60M | 163.18M | 133.60M | 95.77M | 63.57M | 58.19M | 55.33M | 0.00 | 13.50K | 0.00 |
| Cost of Revenue | 472.60M | 446.16M | 425.91M | 362.30M | 368.08M | 430.75M | 414.43M | 381.13M | 363.99M | 379.30M | 338.53M | 275.25M | 279.88M | 265.62M | 182.93M | 115.92M | 88.27M | 62.86M | 41.11M | 35.04M | 30.40M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 103.75M | 83.39M | 72.08M | 55.34M | 63.35M | 65.41M | 84.63M | 80.92M | 79.55M | 87.47M | 76.63M | 60.75M | 68.10M | 80.30M | 72.67M | 47.26M | 45.32M | 32.91M | 22.47M | 23.14M | 24.93M | 0.00 | 13.50K | 0.00 |
| Gross Profit Ratio | 18.00% | 15.75% | 14.47% | 13.25% | 14.68% | 13.18% | 16.96% | 17.51% | 17.93% | 18.74% | 18.46% | 18.08% | 19.57% | 23.21% | 28.43% | 28.96% | 33.93% | 34.36% | 35.34% | 39.78% | 45.05% | 0.00% | 100.00% | 0.00% |
| Research & Development | 29.18M | 36.11M | 28.23M | 25.72M | 27.99M | 33.55M | 33.54M | 27.71M | 22.34M | 22.97M | 20.89M | 14.89M | 10.01M | 7.99M | 2.56M | 2.26M | 1.67M | 1.07M | 966.78K | 1.52M | 1.02M | 0.00 | 0.00 | 0.00 |
| General & Administrative | 19.40M | 26.12M | 17.03M | 27.58M | 16.59M | 19.76M | 14.68M | 12.59M | 13.13M | 12.57M | 10.37M | 9.94M | 16.22M | 10.03M | 12.24M | 12.10M | 9.03M | 0.00 | 7.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 15.61M | 16.91M | 18.28M | 14.51M | 14.27M | 18.95M | 19.91M | 17.16M | 15.00M | 15.74M | 13.33M | 9.56M | 9.97M | 9.36M | 18.09M | 10.87M | 9.67M | 0.00 | 2.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 35.01M | 43.03M | 35.31M | 42.09M | 30.86M | 38.71M | 34.59M | 29.75M | 28.13M | 28.30M | 23.70M | 19.49M | 26.20M | 19.39M | 30.33M | 22.97M | 18.70M | 15.58M | 10.83M | 10.01M | 11.76M | 9.92M | 9.13K | 5.94K |
| Other Expenses | 313.00K | -3.70M | -1.90M | -4.32M | -3.78M | 1.17M | 678.00K | 1.12M | 844.00K | 1.02M | 1.10M | 461.00K | 2.32M | -688.01K | 2.96M | 5.11M | 3.69M | 3.50M | 2.65M | 848.01K | 1.37M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 63.49M | 75.44M | 61.63M | 63.49M | 55.08M | 68.32M | 65.36M | 57.90M | 49.90M | 43.04M | 39.91M | 32.95M | 36.20M | 27.38M | 35.84M | 30.34M | 24.06M | 20.15M | 14.44M | 12.37M | 14.14M | 9.92M | 9.13K | 5.94K |
| Cost & Expenses | 537.11M | 521.60M | 487.55M | 425.79M | 423.15M | 499.07M | 479.79M | 439.03M | 413.88M | 422.34M | 378.44M | 308.21M | 316.08M | 293.01M | 218.77M | 146.26M | 112.33M | 83.00M | 55.55M | 47.42M | 44.54M | 9.92M | 9.13K | 5.94K |
| Interest Income | 1.52M | 10.75M | 1.24M | 1.66M | 2.09M | 2.16M | 3.44M | 2.08M | 3.42M | 2.96M | 2.84M | 1.42M | 726.93K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.23M | 1.45M | 1.44M | 1.59M | 3.03M | 2.93M | 1.75M | 656.00K | 1.34M | 1.79M | 1.57M | 3.12M | 3.98M | 2.92M | 3.81M | 1.24M | 566.99K | 832.84K | 0.00 | 730.96K | 344.72K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 18.71M | 25.17M | 27.11M | 22.06M | 17.85M | 16.80M | 14.70M | 13.90M | 15.27M | 15.52M | 14.59M | 13.91M | 13.50M | 9.50M | 8.68M | 9.92M | 7.35M | 6.48M | 4.91M | 2.01M | 1.37M | 0.00 | 0.00 | 0.00 |
| EBITDA | 68.18M | 49.99M | 37.34M | 11.72M | 28.83M | 17.24M | 37.31M | 40.07M | 48.66M | 63.39M | 54.40M | 44.08M | 69.57M | 83.82M | 15.40 | 28.86M | 28.62M | 19.24M | 13.44M | 11.12M | 13.42M | -9.92M | 4.37K | -5.94K |
| EBITDA Ratio | 11.83% | 9.38% | 7.71% | 2.74% | 6.45% | 3.48% | 7.67% | 8.56% | 10.97% | 13.60% | 13.13% | 12.85% | 13.05% | 13.03% | 17.52% | 14.77% | 20.98% | 19.70% | 21.48% | 19.12% | 21.00% | 0.00% | 32.38% | 0.00% |
| Operating Income | 39.25M | 24.49M | 11.30M | -10.61M | 9.98M | -2.91M | 19.27M | 23.02M | 29.65M | 44.43M | 36.72M | 27.80M | 33.38M | 54.05M | 37.66M | 16.92M | 21.27M | 12.76M | 8.02M | 10.77M | 10.79M | -9.92M | 4.37K | -5.94K |
| Operating Income Ratio | 6.81% | 4.62% | 2.27% | -2.54% | 2.31% | -0.59% | 3.86% | 4.98% | 6.69% | 9.52% | 8.84% | 8.27% | 9.59% | 15.62% | 14.74% | 10.37% | 15.92% | 13.33% | 12.62% | 18.51% | 19.50% | 0.00% | 32.38% | 0.00% |
| Total Other Income/Expenses | 8.99M | -1.45M | -2.90M | -4.05M | 2.79M | 407.00K | 1.11M | 1.89M | 2.40M | 1.65M | 1.52M | -743.00K | 21.00M | 17.35M | -0.50 | 769.11K | -528.52K | -738.59K | -655.37K | 920.60K | 199.25K | 9.91M | 0.00 | 0.00 |
| Income Before Tax | 48.24M | 23.04M | 8.40M | -12.20M | 7.56M | -2.50M | 20.38M | 24.90M | 32.05M | 46.08M | 38.24M | 27.06M | 52.10M | 71.40M | 36.40M | 17.69M | 20.74M | 12.03M | 7.37M | 11.69M | 10.98M | -9.92K | 0.00 | 0.00 |
| Income Before Tax Ratio | 8.37% | 4.35% | 1.69% | -2.92% | 1.75% | -0.50% | 4.08% | 5.39% | 7.23% | 9.87% | 9.21% | 8.05% | 14.97% | 20.64% | 14.24% | 10.84% | 15.52% | 12.56% | 11.59% | 20.09% | 19.84% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 5.14M | 3.08M | 4.00M | 2.16M | 586.00K | -1.47M | 41.63M | 2.48M | 4.49M | 6.79M | 5.48M | 4.39M | -4.35M | 8.48M | 5.11M | 185.88K | 2.23M | 1.67M | 1.37M | 618.40K | 1.75M | 9.91M | -2.19K | 2.97K |
| Net Income | 37.66M | 21.18M | 4.40M | -14.36M | 6.97M | 2.38M | -19.35M | 22.51M | 27.39M | 33.54M | 26.79M | 20.74M | 40.79M | 51.74M | 23.41M | 12.44M | 8.86M | 4.81M | 3.32M | 6.87M | 3.87M | -9.92M | 2.19K | -2.97K |
| Net Income Ratio | 6.53% | 4.00% | 0.88% | -3.44% | 1.62% | 0.48% | -3.88% | 4.87% | 6.17% | 7.19% | 6.45% | 6.17% | 11.72% | 14.96% | 9.16% | 7.62% | 6.63% | 5.02% | 5.22% | 11.80% | 7.00% | 0.00% | 16.19% | 0.00% |
| EPS | 1.25 | 0.69 | 0.14 | -0.46 | 0.22 | 0.08 | -0.61 | 0.70 | 0.85 | 1.15 | 0.96 | 0.70 | 1.30 | 1.65 | -0.98 | 0.48 | 0.37 | 0.21 | 0.15 | 0.30 | 0.18 | -0.47 | 0.10 | 0.00 |
| EPS Diluted | 1.25 | 0.69 | 0.14 | -0.46 | 0.22 | 0.08 | -0.61 | 0.70 | 0.85 | 1.15 | 0.95 | 0.70 | 0.69 | 1.10 | -0.98 | 0.46 | 0.37 | 0.21 | 0.15 | 0.30 | 0.18 | -0.47 | 0.10 | 0.00 |
| Weighted Avg Shares Out | 30.19M | 30.64M | 30.85M | 31.08M | 31.46M | 31.64M | 31.64M | 31.95M | 32.12M | 29.06M | 28.04M | 28.21M | 27.93M | 27.10M | 26.99M | 25.71M | 23.95M | 23.20M | 22.57M | 22.57M | 21.77M | 20.91M | 20.00M | 18.50M |
| Weighted Avg Shares Out (Dil) | 30.19M | 30.64M | 30.86M | 31.08M | 31.46M | 31.65M | 31.65M | 31.96M | 32.13M | 29.08M | 28.06M | 28.22M | 31.51M | 31.57M | 26.99M | 29.67M | 23.96M | 23.21M | 22.59M | 22.58M | 22.08M | 20.91M | 20.00M | 18.50M |
China Automotive Systems (CAAS) Reports Break-Even Earnings for Q1
China Automotive Systems (CAAS) delivered earnings and revenue surprises of -100% and 8.02%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
China Automotive Systems to Announce Unaudited 2022 First Quarter Financial Results on May 23, 2022
WUHAN, China, May 18, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter...
China Automotive Systems, Inc. (CAAS) Management on Q4 2021 Results - Earnings Call Transcript
China Automotive Systems, Inc. (CAAS) Management on Q4 2021 Results - Earnings Call Transcript
China Automotive Systems (CAAS) Beats Q4 Earnings and Revenue Estimates
China Automotive Systems (CAAS) delivered earnings and revenue surprises of 166.67% and 10.07%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
China Automotive Systems Clocks 5.3% Sales Decline In Q4
China Automotive Systems Inc (NASDAQ: CAAS) reported a fourth-quarter FY21 sales decline of 5.3% year-on-year, to $138.8 million, beating the estimate of $126.1 million. The gross profit margin contracted by 140 basis points Y/Y to 14.2%, and the gross profit declined 13.6% to...
China Automotive Systems to Announce Unaudited 2021 Fourth Quarter and Audited 2021 Year Financial Results on March 30, 2022
WUHAN, China, March 16, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter...
China Automotive Systems Inks Supply Contract With SCANIA
China Automotive Systems Inc (NASDAQ: CAAS) has entered into an agreement to develop eRCB steering systems for SCANIA AB's trucks and buses. The eRCB steering system is a fully electric intelligent steering system for light- and medium-duty trucks and heavy-duty commercial...
China Automotive Systems, Inc. (CAAS) Q3 2021 Results - Earnings Call Transcript
China Automotive Systems, Inc. (CAAS) Q3 2021 Results - Earnings Call Transcript
China Automotive Systems to Announce Unaudited 2021 Third Quarter Financial Results on November 12, 2021
WUHAN, China, Nov. 5, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third quarter...
Analysts Estimate China Automotive Systems (CAAS) to Report a Decline in Earnings: What to Look Out for
China Automotive Systems (CAAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Source: https://incomestatements.info
Category: Stock Reports