China Automotive Systems, Inc. - Ordinary Share (CAAS)
4.7000
+0.1400 (3.07%)
NASDAQ· Last Trade: Aug 13th, 3:40 PM EDT
Detailed Quote
Previous Close
4.560
Open
4.850
Bid
4.690
Ask
4.760
Day's Range
4.700 - 5.050
52 Week Range
3.890 - 5.150
Volume
219,250
Market Cap
141.87M
PE Ratio (TTM)
4.845
EPS (TTM)
1.0
Dividend & Yield
0.8000 (17.02%)
1 Month Average Volume
17,858
Chart
About China Automotive Systems, Inc. - Ordinary Share (CAAS)
China Automotive Systems is a leading manufacturer and supplier of power steering systems and other automotive components in China. The company specializes in the design, production, and distribution of hydraulic and electric power steering systems, which are critical for enhancing vehicle performance and safety. With a focus on innovation and quality, China Automotive Systems caters to a wide range of domestic and international automobile manufacturers, contributing to the growing automotive industry's demand for advanced vehicle technology. The company is committed to supporting the development of the automotive sector in China and beyond, as it continuously seeks to expand its product offerings and explore new market opportunities. Read More
China Automotive Systems (NASDAQ:CAAS) reported record first-half sales, gross profit and operating income for 2026, driven by growth in electric power steering products and gains across most of its operating units. Management also raised its full-year revenue guidance to $850 million from $810 mill
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.
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.
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.
