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