China Automotive Systems (NASDAQ:CAAS) Stock Quotes, Forecast and News Summary

Q: What sector and industry does China Automotive Systems (CAAS) operate in?

China Automotive Systems is in the Consumer Discretionary sector and Automobile Components industry. They are listed on the NASDAQ.

China Automotive Systems Stock (NASDAQ: CAAS) stock price, news, charts, stock research, profile.

Open	$3.64
Close	-
Volume / Avg.	1.37K / 69.93K
Day Range	$3.62 - $3.75
52 Wk Range	3.04 - 4.94
Market Cap	$110.18M
P/E Ratio	3.11
Dividend Yield	-
Exchange	NASDAQ
RSI	56
Short Interest	0.43%
Days to Cover	1.96

Recent News

China Automotive Systems Tops Q2 Revenue Estimates, Electric Power Steering Sales Drive Growth

China Automotive Systems reported Q2 earnings of $0.24 per share, down from $0.35 a year ago. Net sales increased 15.4%, beating consensus. Gross profit rose 29.0% and income from operations grew 38.7%. Company remains optimistic about future growth.

Lekha Gupta

What's Going On With China Automotive Stock After Posting Lower Product Sales To Stellantis In Q1?

China Automotive Systems reports Q1 earnings rise, despite a slight dip in net sales, attributed partly to lower product sales to Stellantis, while maintaining revenue guidance for FY 2024.

Nabaparna Bhattacharya

Why China Automotive Systems Shares Are Shooting Higher Today

China Automotive Systems, posts impressive fourth-quarter FY23 results, with a 23.6% sales surge reaching $159.20 million. Notably, the company witnesses a significant expansion in gross profit margin, up by 240 basis points year-on-year to 21.8%, driving gross profit to $34.7 million.

Shivani Kumaresan

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Open	$3.64
Close	-
Volume / Avg.	1.37K / 69.93K
Day Range	$3.62 - $3.75
52 Wk Range	3.04 - 4.94
Market Cap	$110.18M
P/E Ratio	3.11
Dividend Yield	-
Exchange	NASDAQ
RSI	56
Short Interest	0.43%
Days to Cover	1.96

About China Automotive Systems Inc

Sector

Consumer Discretionary

Industry

Automobile Components

China Automotive Systems Inc is a holding company. The firm through its subsidiary is a supplier of ...

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EPS worse than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS worse than industry

FAQ

How do I buy China Automotive Systems (CAAS) stock?

You can purchase shares of China Automotive Systems (NASDAQ:CAAS) through any online brokerage.

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Who are China Automotive Systems (CAAS) competitors?

Other companies in China Automotive Systems’s space includes: Solid Power (NASDAQ:SLDP), Strattec Security (NASDAQ:STRT), Cooper-Standard Holdings (NYSE:CPS), Motorcar Parts of America (NASDAQ:MPAA) and Stoneridge (NYSE:SRI).

What is the forecast, or price target, for China Automotive Systems (CAAS) stock?

There is no analysis for China Automotive Systems to provide a consensus price target.

What is the current price for China Automotive Systems (CAAS)?

The stock price for China Automotive Systems (NASDAQ: CAAS) is $3.65 last updated September 24, 2024 at 6:30 PM EDT.

Does China Automotive Systems (CAAS) pay a dividend?

A quarterly cash dividend of 0.18 per share of Class A Common Stock. The quarterly cash dividend was payable on July 28, 2014 to stockholders of record on June 24, 2014.

When is China Automotive Systems (NASDAQ:CAAS) reporting earnings?

China Automotive Systems’s Q3 earnings are confirmed for Friday, November 8, 2024.

Is China Automotive Systems (CAAS) going to split?

There is no upcoming split for China Automotive Systems.

What sector and industry does China Automotive Systems (CAAS) operate in?

China Automotive Systems is in the Consumer Discretionary sector and Automobile Components industry. They are listed on the NASDAQ.

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