Saturday 17 October 2026
Export CAAS’s income statement to Excel — free account
China Automotive Systems, Inc.
CAAS Consumer Cyclical Auto Parts
China Automotive Systems, Inc.’s revenue for fiscal 2024 (year ended December 2024) was $650.9 million, up 12.9% from fiscal 2023. In the quarter to June 2025, revenue grew 11.1%, EPS grew 4.17% and free cash flow grew 443.5%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
4.51
0.06
+1.35%
Follow CAAS
| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | |
|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
5 | 4 | 6 | 7 | 4 | 9 | 8 | 8 | 5 |
P/E ratio |
7.61 | 0.00 | 30.50 | 9.84 | 0.00 | 7.66 | 8.48 | 2.54 | 4.14 |
Altman Z-Score |
1.99 | 1.70 | 1.54 | 1.60 | 1.51 | 1.57 | 1.82 | 1.89 | 1.79 |
P/S ratio |
0.37 | 0.31 | 0.16 | 0.23 | 0.46 | 0.17 | 0.34 | 0.17 | 0.19 |
P/FCF ratio |
0.00 | 6.48 | 0.00 | 0.00 | 4.59 | 4.46 | 6.17 | 107.13 | 0.00 |
Altman Z″-Score (non-manufacturers) |
4.06 | 3.42 | 3.32 | 3.51 | 2.95 | 3.43 | 3.58 | 4.12 | 3.49 |
Beneish M-Score |
(2.25) | (2.94) | (2.41) | (2.69) | (2.92) | (2.71) | (2.65) | (2.15) | (1.96) |
P/Operating CF |
(137.27) | 21.61 | 21.94 | 3.78 | 41.40 | 2.42 | 10.97 | 10.47 | (18.29) |
P/B ratio |
0.56 | 0.50 | 0.25 | 0.32 | 0.61 | 0.25 | 0.55 | 0.26 | 0.32 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | 32 |
Price to Tangible BV |
0.57 | 0.50 | 0.25 | 0.32 | 0.61 | 0.25 | 0.55 | 0.26 | 0.32 |
EV/Sales |
0.33 | 0.27 | 0.07 | 0.17 | 0.32 | 0.00 | 0.18 | 0.03 | 0.21 |
EV/EBITDA |
4.13 | 3.83 | 2.60 | 3.07 | 9.67 | 0.00 | 2.82 | 0.34 | 2.31 |
EV/Operating CF |
12.92 | 2.71 | 2.89 | 2.44 | 2.34 | (0.04) | 1.95 | 0.99 | 14.30 |
EV/FCF |
(5.73) | 5.61 | (2.85) | (18.24) | 3.18 | (0.06) | 3.22 | 22.05 | (9.86) |
Quick Ratio |
1.13 | 1.04 | 1.06 | 1.04 | 0.96 | 0.98 | 0.98 | 1.03 | 0.94 |
Current Ratio |
1.47 | 1.43 | 1.45 | 1.45 | 1.34 | 1.43 | 1.43 | 1.47 | 1.32 |
Net Debt/EBITDA |
(0.54) | (0.60) | (2.95) | (1.05) | (4.27) | (2.57) | (2.59) | (1.32) | (0.19) |
Debt/Assets |
6.61% | 10.23% | 9.11% | 8.68% | 6.78% | 6.92% | 6.77% | 6.46% | 8.58% |
Debt/Equity |
0.14 | 0.24 | 0.21 | 0.19 | 0.15 | 0.15 | 0.15 | 0.13 | 0.19 |
Asset Turnover |
0.75 | 0.74 | 0.70 | 0.64 | 0.61 | 0.70 | 0.74 | 0.78 | 0.81 |
Operating CF/Net income |
0.53 | (2.53) | 5.27 | 3.04 | (11.53) | 2.56 | 2.27 | 0.53 | 0.33 |
Capex/Depreciation |
(2.76) | (1.63) | (1.48) | (1.92) | (0.68) | (0.36) | (0.75) | (1.01) | (1.18) |
Interest Coverage |
35.09 | 10.99 | (0.99) | 2.04 | (5.12) | 1.46 | 5.48 | 38.44 | 22.20 |
| 7.34% | (6.32%) | 0.78% | 3.24% | (1.58%) | 3.37% | 6.38% | 10.84% | 7.91% | |
| 3.63% | (2.87%) | 0.34% | 1.48% | (0.73%) | 1.55% | 2.96% | 5.09% | 3.71% | |
ROIC |
5.03% | 4.22% | (0.69%) | 1.36% | (1.96%) | 1.36% | 2.06% | 8.41% | 6.65% |
Return on Tangible Assets |
8.84% | (6.78%) | 0.86% | 3.58% | (1.90%) | 3.99% | 8.05% | 13.37% | 11.99% |
Average Days of Receivables |
242.29 | 215.08 | 188.58 | 197.13 | 204.63 | 154.16 | 154.62 | 170.61 | 192.61 |
Research and Development Expense of Revenue |
6.00% | 6.72% | 6.76% | 6.49% | 6.16% | 5.67% | 6.82% | 5.06% | 4.25% |
Selling, General and Administrative Expense of Revenue |
7.36% | 7.91% | 7.80% | 7.94% | 10.08% | 8.57% | 8.13% | 7.13% | 7.00% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
Share Based Compensation of Revenue |
0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
0.88 | 0.79 | 1.42 | 0.92 | 0.45 | 1.47 | 0.74 | 1.72 | 1.15 |
Graham Number |
12.37 | 0.00 | 4.16 | 8.42 | 0.00 | 9.27 | 12.87 | 18.51 | 16.96 |
Earnings Yield |
13.15% | (12.58%) | 3.28% | 10.16% | (2.40%) | 13.06% | 11.79% | 39.31% | 24.15% |
Free Cash Flow Yield |
(15.44%) | 15.43% | (16.46%) | (4.08%) | 21.81% | 22.40% | 16.21% | 0.93% | (11.45%) |
Revenue per Share |
14.46 | 15.77 | 15.68 | 13.71 | 13.44 | 16.14 | 17.28 | 19.09 | 21.56 |
Operating CF per Share |
0.37 | 1.55 | 0.40 | 0.96 | 1.85 | 0.92 | 1.57 | 0.66 | 0.32 |
Capex per Share |
(1.20) | (0.79) | (0.79) | (1.09) | (0.48) | (0.32) | (0.62) | (0.63) | (0.79) |
Free Cash Flow per Share |
(0.83) | 0.75 | (0.39) | (0.13) | 1.36 | 0.60 | 0.95 | 0.03 | (0.47) |
Cash per Share |
1.93 | 2.98 | 3.28 | 2.62 | 3.46 | 4.33 | 4.38 | 4.17 | 2.80 |
Shareholders Equity per Share |
9.57 | 9.67 | 9.63 | 9.84 | 10.28 | 10.92 | 10.67 | 12.18 | 12.91 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
9.57 | 9.67 | 9.63 | 9.84 | 10.28 | 10.92 | 10.67 | 12.18 | 12.91 |
Free Cash Flow |
(26.64) | 23.83 | (12.40) | (4.05) | 42.36 | 18.52 | 29.05 | 1.02 | (14.17) |
Working Capital |
153.29 | 159.14 | 154.13 | 137.53 | 121.17 | 149.56 | 156.52 | 180.34 | 146.16 |
Capital Expenditures |
(38.46) | (25.07) | (24.93) | (34.35) | (15.07) | (9.75) | (18.97) | (18.89) | (23.95) |
Net Current Asset Value |
152.15 | 121.36 | 109.76 | 90.72 | 87.49 | 121.51 | 133.20 | 165.44 | 141.85 |
EV/EBIT |
6.64 | 6.89 | 0.00 | 11.94 | 0.00 | 0.00 | 11.76 | 0.50 | 3.47 |
Capex to Sales |
0.08 | 0.05 | 0.05 | 0.08 | 0.04 | 0.02 | 0.04 | 0.03 | 0.04 |
Price to Operating Income |
7.50 | 7.96 | 0.00 | 16.02 | 0.00 | 14.98 | 22.54 | 2.45 | 3.07 |
| Other line items | |||||||||
Depreciation/Fixed assets |
0.14 | 0.12 | 0.14 | 0.13 | 0.16 | 0.21 | 0.24 | 0.18 | 0.19 |
Cash ROIC |
(6.51%) | 5.03% | (2.63%) | (0.90%) | 8.92% | 3.56% | 5.71% | 0.19% | (2.59%) |
Accounts Receivable Turnover |
1.59 | 1.66 | 1.80 | 1.76 | 1.79 | 2.24 | 2.44 | 2.33 | 2.12 |
Accounts Payable Turnover |
1.78 | 1.79 | 1.91 | 1.86 | 1.76 | 1.88 | 1.93 | 1.93 | 1.98 |
Inventory Turnover |
5.70 | 5.63 | 5.15 | 4.31 | 4.23 | 4.16 | 3.90 | 4.21 | 4.82 |
Average Days of Payables |
214.32 | 211.57 | 178.05 | 185.11 | 226.93 | 195.44 | 192.34 | 195.84 | 197.28 |
Days of Inventory on Hand |
65.17 | 69.77 | 74.59 | 82.24 | 88.98 | 99.83 | 91.82 | 86.80 | 75.84 |
Average Receivables |
291.52 | 300.40 | 275.21 | 244.67 | 233.57 | 222.24 | 217.33 | 246.87 | 306.45 |
Average Payables |
213.63 | 232.01 | 225.17 | 198.39 | 205.96 | 226.65 | 231.58 | 244.34 | 273.19 |
Average Inventory |
66.81 | 73.63 | 83.62 | 85.48 | 85.63 | 102.41 | 114.36 | 112.31 | 112.48 |
Average Assets |
619.70 | 674.53 | 703.93 | 675.33 | 683.86 | 712.16 | 715.56 | 740.40 | 808.51 |
Average Common Equity |
306.59 | 306.01 | 305.48 | 307.19 | 314.48 | 328.14 | 331.86 | 347.32 | 378.80 |
Columns are period end dates