China Automotive Systems Stock Today
| CAAS Stock | USD 3.69 0.15 4.24% |
Performance0 of 100
| Odds Of DistressLess than 9
|
China Automotive is selling for under 3.69 as of the 19th of April 2024; that is 4.24 percent up since the beginning of the trading day. The stock's lowest day price was 3.65. China Automotive has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for China Automotive Systems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 7th of October 2003 | Category Consumer Cyclical | Classification Consumer Discretionary |
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the Peoples Republic of China. China Automotive Systems, Inc. was incorporated in 1999 and is headquartered in Jingzhou, the Peoples Republic of China. The company has 30.19 M outstanding shares of which 5.53 K shares are currently shorted by private and institutional investors with about 0.17 trading days to cover. More on China Automotive Systems
Moving against China Stock
| 0.54 | MULN | Mullen Automotive | PairCorr |
| 0.5 | XPEV | Xpeng Inc Financial Report 22nd of May 2024 | PairCorr |
| 0.49 | NIO | Nio Class A Financial Report 14th of June 2024 | PairCorr |
| 0.44 | LCID | Lucid Group Financial Report 13th of May 2024 | PairCorr |
| 0.42 | LI | Li AutoInc Financial Report 8th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores
China Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. China Automotive's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding China Automotive or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Director | Qizhou Wu | ||||
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering China Automotive report their recommendations after researching China Automotive's financial statements, talking to executives and customers, or listening in on China Automotive's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering China Automotive Systems. The China consensus assessment is calculated by taking the average forecast from all of the analysts covering China Automotive. | |||||
China Automotive's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to China Automotive's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand China Automotive's financial leverage. It provides some insight into what part of China Automotive's total assets is financed by creditors.
| |||||
China Automotive Systems (CAAS) is traded on NASDAQ Exchange in USA. It is located in No. 1 Henglong Road, Jingzhou, China, 434000 and employs 4,095 people. China Automotive is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 111.39 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Automotive's market, we take the total number of its shares issued and multiply it by China Automotive's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. China Automotive Systems conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 30.19 M outstanding shares of which 5.53 K shares are currently shorted by private and institutional investors with about 0.17 trading days to cover.
China Automotive Systems currently holds about 100.71 M in cash with 19.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.31.
Check China Automotive Probability Of Bankruptcy
Ownership AllocationChina Automotive Systems retains a total of 30.19 Million outstanding shares. China Automotive Systems shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.73 percent of China Automotive Systems outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check China Ownership Details
China Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of China Automotive jumping above the current price in 90 days from now is about 7.77%. The China Automotive Systems probability density function shows the probability of China Automotive stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5642 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, China Automotive will likely underperform. Additionally, china Automotive Systems has an alpha of 0.1839, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of China Automotive to move above the current price in 90 days from now is about 7.77 (This China Automotive Systems probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) .
China Stock Institutional Holders
Institutional Holdings refers to the ownership stake in China Automotive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of China Automotive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing China Automotive's value.| Instituion | Recorded On | Shares | |
| Winton Capital Group Ltd | 2023-12-31 | 24 K | |
| Geode Capital Management, Llc | 2023-12-31 | 21.4 K | |
| Two Sigma Advisers, Llc | 2023-12-31 | 21.1 K | |
| Two Sigma Investments Llc | 2023-12-31 | 18.5 K | |
| Hanson Investment Management | 2023-12-31 | 16.7 K | |
| Tower Research Capital Llc | 2023-12-31 | 7.2 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 7 K | |
| Royal Bank Of Canada | 2023-12-31 | 4 K | |
| Group One Trading, Lp | 2023-12-31 | 3 K | |
| Renaissance Technologies Corp | 2023-12-31 | 456.1 K | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 257.7 K |
China Automotive Historical Income Statement
China Automotive Systems Income Statement is one of the three primary financial statements used for reporting China's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of China Automotive Systems revenue and expense. China Automotive Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, China Automotive's Interest Expense is comparatively stable compared to the past year. Net Income is likely to gain to about 39.5 M in 2024, whereas Operating Income is likely to drop slightly above 20.3 M in 2024. View More FundamentalsChina Stock Against Markets
Picking the right benchmark for China Automotive stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in China Automotive stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for China Automotive is critical whether you are bullish or bearish towards China Automotive Systems at a given time. Please also check how China Automotive's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in China Automotive without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bonds Directory Now
Bonds DirectoryFind actively traded corporate debentures issued by US companies |
| All Next | Launch Module |
China Automotive Corporate Directors
China Automotive corporate directors refer to members of a China Automotive board of directors. The board of directors generally takes responsibility for the China Automotive's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of China Automotive's board members must vote for the resolution. The China Automotive board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Guangxun Xu | Independent Director | Profile | |
| Henry Lu | Independent Director | Profile | |
| Tong Teo | Independent Director | Profile | |
| Robert Tung | Independent Director | Profile |
How to buy China Stock?
Before investing in China Automotive, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in China Automotive. To buy China Automotive stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of China Automotive. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase China Automotive stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located China Automotive Systems stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased China Automotive Systems stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as China Automotive Systems, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy China Stock please use our How to Invest in China Automotive guide.
Already Invested in China Automotive Systems?
The danger of trading China Automotive Systems is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of China Automotive is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than China Automotive. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile China Automotive Systems is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether China Automotive Systems is a strong investment it is important to analyze China Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Automotive's future performance. For an informed investment choice regarding China Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Automotive Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the China Automotive Systems information on this page should be used as a complementary analysis to other China Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for China Stock analysis
When running China Automotive's price analysis, check to measure China Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Automotive is operating at the current time. Most of China Automotive's value examination focuses on studying past and present price action to predict the probability of China Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Automotive's price. Additionally, you may evaluate how the addition of China Automotive to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |
Is China Automotive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Automotive. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.582 | Earnings Share 1.25 | Revenue Per Share 19.094 | Quarterly Revenue Growth 0.236 | Return On Assets 0.0331 |
The market value of China Automotive Systems is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Automotive's value that differs from its market value or its book value, called intrinsic value, which is China Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Automotive's market value can be influenced by many factors that don't directly affect China Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.