Saturday 17 October 2026 Export CAAS’s income statement to Excel — free account

China Automotive Systems, Inc.

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%

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Market cap: $134.1M
P/E: 4.6×
Fwd P/E: 8.0×
Dividend yield: 0.00%
F-score: 5/9
Altman Z: 1.79
Beneish M: −1.96
Dividend safety: 32/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 64.77%

Capital & Financial Ratios $m

Market Cap 134.11

Revenue 696.27

Net Income 38.71

Free Cash Flow 17.18

Net Debt (30.25)

Current Ratio 1.40

Debt/Equity 0.18

P/E ratio 4.65

Fwd P/E 7.95

P/S ratio 0.20

P/B ratio 0.33

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 2.89%

Next 5Y EPS Growth 10.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 31.33%

10-year low 10-year high

P/S against its own 10 years 37.97%

10-year low 10-year high

P/B against its own 10 years 47.73%

10-year low 10-year high

EV/Sales against its own 10 years 43.61%

10-year low 10-year high

EV/FCF against its own 10 years 62.41%

10-year low 10-year high

Dividends

Payout Ratio 0.00

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2022	2023	2024	Q'25
Cash	134	126	85	102
Receivables	224	269	343	294
Inventory	112	112	113	117
Other	38	41	49	87
	521	564	603	600

	2022	2023	2024	Q'25
Payables	235	254	293	270
ST’ Debt	46	48	73	72
Other	6	9	4	27
	364	384	456	429

Compound Annual Growth %

	10y	5y	3y
Sales	3.38%	8.57%	9.34%
Cash Flow	(14.29%)	(20.25%)	(29.81%)
Earnings	(1.12%)	24.65%	39.47%
Book Value	2.72%	4.72%	4.98%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	167	176	—	—	—
’24	139	159	164	189	651
’23	142	137	138	159	576
’22	136	127	137	129	530
’21	130	121	108	139	498
’20	74	83	114	146	418
’19	109	106	101	116	431

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	18	31	—	—	—
’24	10	(1)	7	(7)	10
’23	(1)	1	11	9	20
’22	(4)	19	17	16	48
’21	(1)	6	(11)	34	28
’20	29	2	21	5	57
’19	(18)	(8)	30	26	30

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	8	23	—	—	—
’24	6	(7)	0	(13)	(14)
’23	(5)	(3)	4	4	1
’22	(5)	12	14	8	29
’21	(4)	6	(13)	30	19
’20	28	0	18	(3)	42
’19	(27)	(9)	17	16	(4)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.24	0.25	—	—	—
’24	0.27	0.24	0.18	0.30	0.99
’23	0.23	0.35	0.31	0.36	1.25
’22	0.00	0.31	0.24	0.14	0.69
’21	0.10	0.10	(0.01)	0.16	0.36
’20	0.00	(0.13)	0.08	(0.10)	(0.16)
’19	0.05	0.08	0.13	0.06	0.32

Fiscal quarters ending in the months shown.

Group	Line	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025e
Price, $
Price, $	Low	—	3.10	4.30	2.00	1.70	1.43	2.48	2.20	3.04	3.05	Analyst estimates 2025–2027 Powerpack
	High	—	7.96	6.05	5.23	5.00	13.69	8.75	8.13	9.70	4.97
People
People	Employees	—	4,505	5,319	4,711	4,039	4,688	3,949	4,093	4,095	4,370
	Revenue/emp, $m	—	0.10	0.09	0.11	0.11	0.09	0.13	0.13	0.14	0.15
Income, $m
Income, $m	Revenue	—	462	499	496	431	418	498	530	576	651
	Gross margin, %	—	17.51	16.96	13.18	14.68	13.25	14.47	15.75	18.00	16.77
	EBT	—	25	20	(3)	8	(12)	8	23	48	44
	EBT margin, %	—	5.39	4.08	(0.50)	1.75	(2.92)	1.69	4.35	8.37	6.78
	Net income	—	23	(19)	0	8	(10)	11	22	43	38
	Depreciation	—	14	15	17	18	22	27	25	19	20
Per share, $
Per share, $	Revenue	—	14.46	15.77	15.68	13.71	13.44	16.14	17.28	19.09	21.56
	Earnings	—	0.70	(0.61)	0.08	0.32	(0.16)	0.36	0.69	1.25	0.99
	Cash flow	—	0.37	1.55	0.40	0.96	1.85	0.92	1.57	0.66	0.32
	Capex	—	(1.20)	(0.79)	(0.79)	(1.09)	(0.48)	(0.32)	(0.62)	(0.63)	(0.79)
	Free cash flow	—	(0.83)	0.75	(0.39)	(0.13)	1.36	0.60	0.95	0.03	(0.47)
	Book value	—	9.57	9.67	9.63	9.84	10.28	10.92	10.67	12.18	12.91
	Shares, m	—	32	32	32	31	31	31	31	30	30
Valuation, ×
Valuation, ×	P/E	—	7.61	0.00	30.50	9.84	0.00	7.66	8.48	2.54	4.14
	P/S	—	0.37	0.31	0.16	0.23	0.46	0.17	0.34	0.17	0.19
	P/B	—	0.56	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/FCF	—	(5.73)	5.61	(2.85)	(18.24)	3.18	(0.06)	3.22	22.05	(9.86)
Cash, $m
Cash, $m	Operating cash flow	—	12	49	13	30	57	28	48	20	10
	Capex	—	(38)	(25)	(25)	(34)	(15)	(10)	(19)	(19)	(24)
	Free cash flow	—	(27)	24	(12)	(4)	42	19	29	1	(14)
Balance, $m
Balance, $m	Working capital	—	153	159	154	138	121	150	157	180	146
	Total debt	—	42	73	63	57	48	50	48	50	73
	Net debt	—	(20)	(21)	(41)	(25)	(59)	(84)	(86)	(76)	(12)
	Shareholders’ equity	—	306	306	305	310	319	337	327	368	390
Returns, %
Returns, %	ROA	—	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
	ROE	—	7.34	(6.32)	0.78	3.24	(1.58)	3.37	6.38	10.84	7.91

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2024 · latest quarter Jun 2025

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
HLLY Holley Inc.	$313.6M	29.9×	7.8×	+3.21% (above 0%: growing)	n/m	+86.25% (above 0%: growing)	41.01%	1.61%	Compare
STRT Strattec Security Corporation	$247.0M	12.0×	15.9×	−0.12% (below 0%: shrinking)	−53.17% (below 0%: shrinking)	−63.54% (below 0%: shrinking)	15.57%	4.06%	Compare
MVST Microvast Holdings, Inc.	$219.1M	3.1×	6.9×	−4.46% (below 0%: shrinking)	n/m	−132.01% (below 0%: shrinking)	29.54%	(1.97%)	Compare
MPAA Motorcar Parts of America, Inc.	$196.0M	— (loss-making)	15.0×	−10.80% (below 0%: shrinking)	n/m	−277.97% (below 0%: shrinking)	16.17%	2.10%	Compare
SRI Stoneridge, Inc.	$172.6M	— (loss-making)	— (loss-making)	+15.13% (above 0%: growing)	n/m	+35.32% (above 0%: growing)	20.31%	(0.65%)	Compare
CAAS China Automotive Systems, Inc.	$134.1M	4.6×	8.0×	+11.12% (above 0%: growing)	+4.17% (above 0%: growing)	+443.53% (above 0%: growing)	17.33%	7.37%
CVGI Commercial Vehicle Group, Inc.	$114.2M	— (loss-making)	— (loss-making)	+13.54% (above 0%: growing)	n/m	−107.86% (below 0%: shrinking)	12.67%	0.80%	Compare
INVZ Innoviz Technologies Ltd.	$83.9M	— (loss-making)	— (loss-making)	+85.53% (above 0%: growing)	n/m	−108.46% (below 0%: shrinking)	3.85%	(101.86%)	Compare
PRTS CarParts.com, Inc.	$64.3M	— (loss-making)	— (loss-making)	−10.73% (below 0%: shrinking)	n/m	+103.86% (above 0%: growing)	33.22%	(2.38%)	Compare
Median of peers	$184.3M	12.0×	11.4×	+1.54%	—	−85.70%	18.24%	0.08%

All 53 Auto Parts stocks →

China Automotive Systems, Inc. (CAAS) key facts

Concern: Net income was $37.9 million, or $0.99 per share (basic), a net margin of 4.61%.
Strength: China Automotive Systems, Inc.’s revenue for fiscal 2024 (year ended December 2024) was $650.9 million, up 12.9% from fiscal 2023.
China Automotive Systems, Inc. (CAAS) is an Auto Parts company in the Consumer Cyclical sector, listed on Nasdaq.
As of October 16, 2026, CAAS traded at $4.51, a market capitalization of $134.1 million.
At that price the stock trades at 4.6× trailing-twelve-month earnings and 0.2× sales; its P/E is higher than 31% of its own readings over the past ten years.
China Automotive Systems, Inc. does not currently pay a dividend.
Return on equity was 7.91% and debt-to-equity 0.18.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.79 (distress zone) for fiscal 2024.