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China Automotive Systems Inc stock is currently priced at $3.65, with a 24-hour trading volume of 17,176. It has seen a -1.08% decreased in the last 24 hours and a +8.02% rose in the past month. The chart indicates a potential bearish trend, as the stock is below the $3.68 pivot point. If it approaches the $3.64 support level, significant changes may occur.

China Automotive Systems Inc Stock (CAAS) Financials Data

China Automotive Systems Inc (CAAS) Revenue 2024

CAAS reported a revenue (TTM) of $576.35 million for the quarter ending December 31, 2023, a +8.84% rise year-over-year.
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China Automotive Systems Inc (CAAS) Net Income 2024

CAAS net income (TTM) was $37.66 million for the quarter ending December 31, 2023, a +77.79% increase year-over-year.
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China Automotive Systems Inc (CAAS) Cash Flow 2024

CAAS recorded a free cash flow (TTM) of -$1.77 million for the quarter ending December 31, 2023, a -106.44% decrease year-over-year.
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China Automotive Systems Inc (CAAS) Earnings per Share 2024

CAAS earnings per share (TTM) was $1.25 for the quarter ending December 31, 2023, a +81.66% growth year-over-year.
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China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. The company produces rack and pinion power steering gears for cars and light duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronic systems and parts. It is also involved in the marketing of automotive parts in North America and Brazil, as well as the provision of after sales, and research and development support services. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was founded in 2003 and is headquartered in Jing Zhou, the People's Republic of China.
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