China Automotive Systems, Inc. logo

China Automotive Systems, Inc.

CAAS

NASDAQConsumer CyclicalAuto - Parts

Previous close

$4.67

+$0.11 · +2.41%

Aug 21, 4:00 PM ET

CAAS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

85

Deep Value

Momentum

33

Weakening

Sentiment

62

Bullish

Risk resilience

67

Moderate Risk

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Company profile

Company website

China Automotive Systems, Inc. (CAAS) operates as a prominent manufacturer and supplier of diverse automotive systems and components, primarily through its subsidiary network within the People's Republic of China. The company's extensive product portfolio includes a variety of power steering technologies: rack and pinion systems for passenger cars and light-duty vehicles, integral power steering units designed for heavy-duty applications, and various power steering parts specifically for lighter vehicles. CAAS also produces essential sensor modules, comprehensive automobile steering systems and columns, and both electronic and hydraulic power steering systems along with their related components. Beyond steering solutions, the firm develops and offers automotive motors, complex electromechanical integrated systems, and specialized polymer materials. It also provides innovative research and development services focused on intelligent automotive technology. In addition to its manufacturing prowess, CAAS offers vital after-sales support and R&D assistance. The company expands its market reach by supplying automotive parts to North America and Brazil. Its principal customers are Original Equipment Manufacturers (OEMs). China Automotive Systems, Inc. was founded in 1999 and is headquartered in Jingzhou, People's Republic of China.

Industry
Auto - Parts
Sector
Consumer Cyclical
Headquarters
CN
CEO
Qizhou Wu
Listed since
Mar 24, 2003
Employees
4,414

Market position

Day range

Current $4.67

52-week range

Current $4.67

Open
$4.56
Previous close
$4.56
Volume
10.36K
0.35× average
Average volume
29.55K
Average daily volume
Market cap
140.9M USD
Beta
1.06
Market reference 1
50-day average
$4.467
+4.54% above average
200-day average
$4.4002
+6.13% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
195.91M USD
P/E (TTM)
2.45×
P/B (TTM)
0.32×
P/S (TTM)
0.17×
EV / EBITDA
2.53×
Earnings yield
33.33%
Free cash flow yield
55.47%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
20.94%
Operating margin
9.73%
Net margin
6.88%
Return on equity
10.67%
Return on assets
4.28%
Return on invested capital
7.33%

Financial health

Debt / equity
0.17×
Current ratio
1.36×
Altman Z-score
1.93
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends21%14%6%-1%Gross margin, FY2021: 14.47%Gross margin, FY2022: 15.75%Gross margin, FY2023: 18.00%Gross margin, FY2024: 16.77%Gross margin, FY2025: 19.00%Operating margin, FY2021: 1.11%Operating margin, FY2022: 1.50%Operating margin, FY2023: 6.81%Operating margin, FY2024: 6.18%Operating margin, FY2025: 7.77%Net margin, FY2021: 2.22%Net margin, FY2022: 4.00%Net margin, FY2023: 6.53%Net margin, FY2024: 4.61%Net margin, FY2025: 5.59%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 14.47%. Gross margin FY2022 15.75%. Gross margin FY2023 18.00%. Gross margin FY2024 16.77%. Gross margin FY2025 19.00%. Operating margin FY2021 1.11%. Operating margin FY2022 1.50%. Operating margin FY2023 6.81%. Operating margin FY2024 6.18%. Operating margin FY2025 7.77%. Net margin FY2021 2.22%. Net margin FY2022 4.00%. Net margin FY2023 6.53%. Net margin FY2024 4.61%. Net margin FY2025 5.59%.

Income trends

Revenue

765.74M USD+17.64%

Operating income

59.53M USD+47.88%

Net income

42.84M USD+42.89%
Income trends across reported periods841.76M USD537.67M USD233.58M USD−70.5M USDRevenue, FY2021: 497.99M USDRevenue, FY2022: 529.55M USDRevenue, FY2023: 576.35M USDRevenue, FY2024: 650.94M USDRevenue, FY2025: 765.74M USDOperating income, FY2021: 5.52M USDOperating income, FY2022: 7.95M USDOperating income, FY2023: 39.25M USDOperating income, FY2024: 40.26M USDOperating income, FY2025: 59.53M USDNet income, FY2021: 11.05M USDNet income, FY2022: 21.18M USDNet income, FY2023: 37.66M USDNet income, FY2024: 29.98M USDNet income, FY2025: 42.84M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 497.99M USD. Revenue FY2022 529.55M USD. Revenue FY2023 576.35M USD. Revenue FY2024 650.94M USD. Revenue FY2025 765.74M USD. Operating income FY2021 5.52M USD. Operating income FY2022 7.95M USD. Operating income FY2023 39.25M USD. Operating income FY2024 40.26M USD. Operating income FY2025 59.53M USD. Net income FY2021 11.05M USD. Net income FY2022 21.18M USD. Net income FY2023 37.66M USD. Net income FY2024 29.98M USD. Net income FY2025 42.84M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue765.74M USD650.94M USD576.35M USD529.55M USD497.99M USD
Cost of goods sold620.27M USD541.75M USD472.6M USD446.16M USD425.91M USD
Gross profit145.46M USD109.18M USD103.75M USD83.39M USD72.08M USD
Research and development45.06M USD27.65M USD29.18M USD36.11M USD28.23M USD
Selling, general, and administrative45.51M USD40.61M USD35.01M USD34.36M USD35.31M USD
Operating expenses85.93M USD68.93M USD64.51M USD75.44M USD66.56M USD
Interest income1.6M USD2.36M USD1.52M USD1.25M USD1.24M USD
Interest expense1.7M USD1.81M USD1.23M USD1.45M USD1.44M USD
Depreciation and amortization14.26M USD20.22M USD18.71M USD25.17M USD27.11M USD
Operating income59.53M USD40.26M USD39.25M USD7.95M USD5.52M USD
Net income42.84M USD29.98M USD37.66M USD21.18M USD11.05M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+302.43%
11 comparable reports
Latest EPS result
0.49
Estimate 0.07 · Beat by 600.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.660.450.240.03Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q4 2024, reported Nov 13, 2024: actual 0.18, estimate 0.16, surprise +12.50%, Beat. Q1 2025, reported Mar 28, 2025: actual 0.3, estimate 0.16, surprise +87.50%, Beat. Q2 2025, reported May 14, 2025: actual 0.24, estimate 0.15, surprise +60.00%, Beat. Q3 2025, reported Aug 13, 2025: actual 0.25, estimate 0.16, surprise +56.25%, Beat. Q4 2025, reported Nov 12, 2025: actual 0.32, estimate 0.16, surprise +100.00%, Beat. Q2 2026, reported Apr 22, 2026: actual 0.61, estimate 0.03, surprise +1933.33%, Beat. Q3 2026, reported Aug 13, 2026: actual 0.49, estimate 0.07, surprise +600.00%, Beat. Q4 2026, reported Nov 18, 2026: actual —, estimate 0.05, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates214.48M179.16M143.85M108.53MQ4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ2 '26EstimateQ3 '26BeatQ4 '26Estimate
Q4 2024, reported Nov 13, 2024: actual 164.22M USD, estimate 149.12M USD, surprise +10.12%, Beat. Q1 2025, reported Mar 28, 2025: actual 188.72M USD, estimate 147.52M USD, surprise +27.93%, Beat. Q2 2025, reported May 14, 2025: actual 167.09M USD, estimate 147.28M USD, surprise +13.45%, Beat. Q3 2025, reported Aug 13, 2025: actual 176.25M USD, estimate 149.12M USD, surprise +18.19%, Beat. Q4 2025, reported Nov 12, 2025: actual 193.2M USD, estimate 147.52M USD, surprise +30.97%, Beat. Q2 2026, reported Apr 22, 2026: actual —, estimate 116.78M USD, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 206.23M USD, estimate 118.18M USD, surprise +74.50%, Beat. Q4 2026, reported Nov 18, 2026: actual —, estimate 119.39M USD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.80

2024 complete year+344.4% since 2014

Corporate action history

Dividend

Ex-dividend Jul 30, 2024

$0.80

Special

Record Jul 30, 2024 · Payment Aug 22, 2024

Dividend

Ex-dividend Jun 24, 2014

$0.18

Special

Record Jun 26, 2014 · Payment Jul 28, 2014

CAAS peers

ETFs holding CAAS

Funds reporting this stock among their holdings, ordered by reported position size.

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