China Automotive Systems Inc
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- Market Cap.:
- $181.02 million
- Book Value:
- Revenue TTM:
- $539.58 million
- Operating Margin TTM:
- Gross Profit TTM:
- $71.13 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
China Automotive Systems Inc had its IPO on 2003-10-07 under the ticker symbol CAAS.
The company operates in the Consumer Cyclical sector and Auto Parts industry. China Automotive Systems Inc has a staff strength of 4,288 employees.
Shares of China Automotive Systems Inc opened at $5.69 at the start of the last trading session i.e. 2023-03-24.
The stocks traded within a range of $5.69 - $5.9, and closed at $5.83.
This is a -0.17% slip from the previous day's closing price.
A total volume of 42,207 shares were traded at the close of the day’s session.
In the last one week, shares of China Automotive Systems Inc have slipped by -5.05%.
China Automotive Systems Inc's Key Ratios
China Automotive Systems Inc has a market cap of $181.02 million, indicating a price to book ratio of 0.6645 and a price to sales ratio of 0.3755.
In the last 12-months China Automotive Systems Inc’s revenue was $539.58 million with a gross profit of $71.13 million and an EBITDA of $36.42 million. The EBITDA ratio measures China Automotive Systems Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, China Automotive Systems Inc’s operating margin was 2.15% while its return on assets stood at 1.06% with a return of equity of 7.12%.
In Q3, China Automotive Systems Inc’s quarterly earnings growth was a positive 205.6% while revenue growth was a positive 26.8%.
China Automotive Systems Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $0.65 per share while it has a forward price to earnings multiple of 16.2075 and a PEG multiple of 0.61. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into China Automotive Systems Inc’s profitability.
China Automotive Systems Inc stock is trading at a EV to sales ratio of 0.3943 and a EV to EBITDA ratio of 4.0933. Its price to sales ratio in the trailing 12-months stood at 0.3755.
China Automotive Systems Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $674.89 million
- Total Liabilities
- $334.78 million
- Operating Cash Flow
- Capital Expenditure
- $3.99 million
- Dividend Payout Ratio
China Automotive Systems Inc ended 2023 with $674.89 million in total assets and $0 in total liabilities. Its intangible assets were valued at $674.89 million while shareholder equity stood at $302.17 million.
China Automotive Systems Inc ended 2023 with $0 in deferred long-term liabilities, $334.78 million in other current liabilities, 3000.00 in common stock, $243.20 million in retained earnings and $0 in goodwill. Its cash balance stood at $100.71 million and cash and short-term investments were $100.71 million. The company’s total short-term debt was $112,109,000 while long-term debt stood at $532000.00.
China Automotive Systems Inc’s total current assets stands at $488.18 million while long-term investments were $52.76 million and short-term investments were $0. Its net receivables were $208.56 million compared to accounts payable of $142.29 million and inventory worth $104.63 million.
In 2023, China Automotive Systems Inc's operating cash flow was $-18219000.00 while its capital expenditure stood at $3.99 million.
Comparatively, China Automotive Systems Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
China Automotive Systems Inc stock is currently trading at $5.83 per share. It touched a 52-week high of $9.7 and a 52-week low of $9.7. Analysts tracking the stock have a 12-month average target price of $7.5.
Its 50-day moving average was $7.29 and 200-day moving average was $4.99 The short ratio stood at 0.8 indicating a short percent outstanding of 0%.
Around 6518.3% of the company’s stock are held by insiders while 417.9% are held by institutions.
Frequently Asked Questions About China Automotive Systems Inc
Similar Industry Stocks (Auto Parts)
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.