CAAS (China Automotive Systems Inc.): Time to Pay Attention?

The price of China Automotive Systems Inc. (NASDAQ: CAAS) closed at $5.62 in the last session, up 14.69% from day before closing price of $4.90. In other words, the price has increased by $+0.72 from its previous closing price. On the day, 578780 shares were traded. CAAS stock price reached its highest trading level at $5.69 during the session, while it also had its lowest trading level at $5.00.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.



We take a closer look at CAAS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Valuation Measures:

As of this moment, China’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.38, and their Forward P/E ratio for the next fiscal year is 18.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.55.

Stock Price History:

Over the past 52 weeks, CAAS has reached a high of $5.12, while it has fallen to a 52-week low of $2.20. The 50-Day Moving Average of the stock is 4.14, while the 200-Day Moving Average is calculated to be 3.26.

Shares Statistics:

According to the various share statistics, CAAS traded on average about 150.83K shares per day over the past 3-months and 131.62k shares per day over the past 10 days. A total of 30.85M shares are outstanding, with a floating share count of 10.51M. Insiders hold about 65.18% of the company’s shares, while institutions hold 3.10% stake in the company. Shares short for CAAS as of Oct 13, 2022 were 54.9k with a Short Ratio of 0.09M, compared to 57.48k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.18% and a Short% of Float of 0.50%.

Dividends & Splits

The current Payout Ratio is 0.00% for CAAS, which recently paid a dividend on Jul 27, 2014 with an ex-dividend date of Jun 23, 2014. Stock splits for the company last occurred on Mar 04, 2003 when the company split stock in a 3:1 ratio.

Earnings Estimates

The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.04 and a low estimate of $0.04, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.06, with high estimates of $0.06 and low estimates of $0.06.

Analysts are recommending an EPS of between $0.4 and $0.4 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.3, with 1 analysts recommending between $0.3 and $0.3.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $120.56M. It ranges from a high estimate of $120.56M to a low estimate of $120.56M. As of the current estimate, China Automotive Systems Inc.’s year-ago sales were $108.23M, an estimated increase of 11.40% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $131.48M, a decrease of -5.30% less than the figure of $11.40% in the same quarter last year. There is a high estimate of $131.48M for the next quarter, whereas the lowest estimate is $131.48M.

A total of 1 analysts have provided revenue estimates for CAAS’s current fiscal year. The highest revenue estimate was $515.59M, while the lowest revenue estimate was $515.59M, resulting in an average revenue estimate of $515.59M. In the same quarter a year ago, actual revenue was $497.99M, up 3.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $531.72M in the next fiscal year. The high estimate is $531.72M and the low estimate is $531.72M. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.