Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $7.82 USD
Change Today -0.02 / -0.26%
Volume 25.0K
CAAS On Other Exchanges
Symbol
Exchange
NASDAQ CM
Frankfurt
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

china automotive systems inc (CAAS) Snapshot

Open
$7.83
Previous Close
$7.84
Day High
$7.87
Day Low
$7.79
52 Week High
09/11/14 - $10.86
52 Week Low
01/30/15 - $6.04
Market Cap
251.2M
Average Volume 10 Days
46.6K
EPS TTM
$0.89
Shares Outstanding
32.1M
EX-Date
06/24/14
P/E TM
8.8x
Dividend
--
Dividend Yield
2.30%
Current Stock Chart for CHINA AUTOMOTIVE SYSTEMS INC (CAAS)

Related News

No related news articles were found.

china automotive systems inc (CAAS) Related Businessweek News

No Related Businessweek News Found

china automotive systems inc (CAAS) Details

China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People’s Republic of China. The company 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 electric power steering gears. It is also involved in the marketing of automotive parts in North America, as well as the provision of after sales, and research and development support services. In addition, the company imports and sells automotive parts in Brazil. China Automotive Systems, Inc. primarily sells its products to the original equipment manufacturing customers. The company was founded in 2003 and is headquartered in Jing Zhou, the People’s Republic of China.

3,000 Employees
Last Reported Date: 05/14/15
Founded in 2003

china automotive systems inc (CAAS) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $237.0K
Chairman
Total Annual Compensation: $356.0K
Chief Financial Officer
Total Annual Compensation: $142.0K
Vice President
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2014.

china automotive systems inc (CAAS) Key Developments

China Automotive Systems Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reiterates Revenue Guidance for the Full Year 2015

China Automotive Systems Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, net product sales were $123,443,000 compared to $114,306,000 a year ago. Income from operations was $9,363,000 compared to $9,771,000 a year ago. Income before income tax expenses and equity in earnings of affiliated companies was $9,736,000 compared to $10,223,000 a year ago. Net income attributable to parent company's common shareholders was $8,510,000 or $0.26 basic and diluted per share compared to $6,774,000 or $0.24 basic and diluted per share a year ago. Net cash provided by operating activities was $4,926,000 compared to net cash used in operating activities of $8,371,000 a year ago. Payments to acquire property, plant and equipment were $5,723,000 compared to $3,501,000 a year ago. Payments to acquire intangible assets were $7,000 compared to $3,000 a year ago. The net sales increase was mainly due to higher sales to the Chinese passenger vehicle markets including an increase in the sale of higher-priced, middle-level electric power steering units. The decrease in income before income tax expenses and equity in earnings of affiliated companies was mainly due to a decrease in operating income of $0.4 million. The company reiterates its revenue guidance of 10% year-over-year growth for the full year 2015. This target is based on the company's current views on operating and market conditions, which are subject to change.

China Automotive Systems Inc. to Report Q1, 2015 Results on May 14, 2015

China Automotive Systems Inc. announced that they will report Q1, 2015 results at 9:00 AM, Eastern Daylight on May 14, 2015

China Automotive Systems Inc., Q1 2015 Earnings Call, May 14, 2015

China Automotive Systems Inc., Q1 2015 Earnings Call, May 14, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CAAS:US $7.82 USD -0.02

CAAS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CAAS.
View Industry Companies
 

Industry Analysis

CAAS

Industry Average

Valuation CAAS Industry Range
Price/Earnings 6.7x
Price/Sales 0.5x
Price/Book 0.8x
Price/Cash Flow 7.1x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHINA AUTOMOTIVE SYSTEMS INC, please visit www.caasauto.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.