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CAAS china automotive systems

Post-Market Trading 11-29 13:34:21 EST

4.51

+0.20

+4.64%

盘后4.46

-0.05-1.11%

13:00 EST

High4.57	Low4.35	Vol58.70K
Open4.35	D1 Closing4.31	Amplitude5.10%
Mkt Cap136.14M	Tradable Cap48.01M	Total Shares30.19M
T/O262.63K	T/O Rate0.55%	Tradable Shares10.65M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

{"stockData":{"symbol":"CAAS","market":"US","secType":"STK","nameCN":"china automotive systems","latestPrice":4.51,"timestamp":1732903098055,"preClose":4.31,"halted":0,"volume":58699,"hourTrading":{"tag":"盘后","latestPrice":4.46,"preClose":4.51,"latestTime":"13:00 EST","volume":86,"amount":383.56,"timestamp":1732903201788},"delay":0,"floatShares":10645793,"shares":30185702,"eps":1.050007,"marketStatus":"Post-Market Trading","change":0.2,"latestTime":"11-29 13:34:21 EST","open":4.35,"high":4.57,"low":4.35,"amount":262632.1986907,"amplitude":0.051044,"askPrice":4.6,"askSize":272,"bidPrice":3.92,"bidSize":100,"shortable":3,"etf":0,"ttmEps":1.050007,"tradingStatus":3,"nextMarketStatus":{"tag":"Closed","tradingStatus":0,"beginTime":1732917600000},"marketStatusCode":4,"adr":0,"adrRate":0,"listingDate":1093320000000,"exchange":"NASDAQ","adjPreClose":4.31,"preHourTrading":{"tag":"盘前","latestPrice":4.35,"preClose":4.31,"latestTime":"09:29 EST","volume":360,"amount":1592.0001359999999,"timestamp":1732890570039},"postHourTrading":{"tag":"盘后","latestPrice":4.46,"preClose":4.51,"latestTime":"13:00 EST","volume":86,"amount":383.56,"timestamp":1732903201788},"volumeRatio":4.604343,"impliedVol":0.6574,"impliedVolPercentile":0.1508},"requestUrl":"/m/hq/s/CAAS/tweets","defaultTab":"tweets","newsList":[{"id":"2484930885","title":"China Automotive Systems Inc (CAAS) Q3 2024 Earnings Call Highlights: Strong Sales Growth Amid ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2484930885","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484930885?lang=en_us&edition=fundamental","pubTime":"2024-11-19 09:00","pubTimestamp":1731978041,"startTime":"0","endTime":"0","summary":"Net Sales: Increased by 19.4% year-over-year to $164.2 million in Q3 2024.Traditional Steering Products Sales: Grew by 7.4% year-over-year to $98.6 million in Q3 2024.EPS Products Sales: Rose 43.5% year-over-year to $65.6 million in Q3 2024.Gross Profit: Increased by 6.5% year-over-year to $26.4 million in Q3 2024.Gross Margin: 16% in Q3 2024, down from 18% in Q3 2023.Operating Income: $11.1 million in Q3 2024, a nearly 10% increase from Q3 2023.Net Income: $5.5 million in Q3 2024, compared to $9.5 million in Q3 2023.Diluted Earnings Per Share: $0.18 in Q3 2024, down from $0.31 in Q3 2023.Net Cash Provided by Operating Activities: Increased by 54.2% to $16.5 million for the first nine months of 2024.Cash and Equivalents: $138.8 million as of September 30, 2024.A: Jie Li, Chief Financial Officer, stated that the GILTI tax, enacted in 2017, applies to profits earned by foreign subsidiaries of U.S. companies. The increase in GILTI tax for 2024, amounting to $1.7 million per quarter, was d","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-automotive-systems-inc-caas-010041656.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CAAS"],"gpt_icon":0},{"id":"2484625237","title":"China Automotive Systems Board Approves Up to $5 Million Stock Buyback Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2484625237","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484625237?lang=en_us&edition=fundamental","pubTime":"2024-11-18 19:51","pubTimestamp":1731930710,"startTime":"0","endTime":"0","summary":"China Automotive Systems  said Monday its board approved a stock buyback plan of up to $5 million of the company's outstanding common shares over the next 12 months.The company will repurchase its shares at no more than $5.50 apiece through Nov. 15 next year, China Automotive added.Price: 4.4800, Change: +0.15, Percent Change: +3.46","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4124","CAAS"],"gpt_icon":0},{"id":"2484782628","title":"China Automotive Systems Announces Share Repurchase Program Up To $5 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2484782628","media":"PR Newswire","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484782628?lang=en_us&edition=fundamental","pubTime":"2024-11-18 19:00","pubTimestamp":1731927600,"startTime":"0","endTime":"0","summary":"WUHAN, China, Nov. 18, 2024 /PRNewswire/ -- China Automotive Systems, Inc.  , a leading power steering components and systems supplier in China, today announced that its board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months. Repurchases will be made in open market transactions, at prevailing market prices not to exceed $5.50 per share through November 15, 2025, subject to applicable laws, regulations and approvals. The timing of the share repurchases will depend on a variety of factors, including market conditions. Members of the management team may make additional share purchases in addition to the Company repurchase.Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/MacdPeWOnLYn9uGXCli8Rg--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/02f9c44e1dc3f5d2d2436655f472ef4d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/MacdPeWOnLYn9uGXCli8Rg--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/02f9c44e1dc3f5d2d2436655f472ef4d"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/china-automotive-systems-announces-share-110000295.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-automotive-systems-announces-share-110000295.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4124","CAAS"],"gpt_icon":0},{"id":"2483979515","title":"China Automotive Systems Third Quarter 2024 Earnings: EPS: US$0.18 (vs US$0.31 in 3Q 2023)","url":"https://stock-news.laohu8.com/highlight/detail?id=2483979515","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483979515?lang=en_us&edition=fundamental","pubTime":"2024-11-16 20:34","pubTimestamp":1731760492,"startTime":"0","endTime":"0","summary":"Profit margin: 3.4% . The decrease in margin was driven by higher expenses.NasdaqCM:CAAS Earnings and Revenue History November 16th 2024. All figures shown in the chart above are for the trailing 12 month  period. China Automotive Systems shares are down 7.5% from a week ago.While earnings are important, another area to consider is the balance sheet. We have a graphic representation of China Automotive Systems' balance sheet and an in-depth analysis of the company's financial position.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-automotive-systems-third-quarter-123452570.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CAAS"],"gpt_icon":0},{"id":"2483307076","title":"China Automotive Systems reports Q3 results; raises FY24 revenue outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2483307076","media":"seekingalpha","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483307076?lang=en_us&edition=fundamental","pubTime":"2024-11-13 19:10","pubTimestamp":1731496211,"startTime":"0","endTime":"0","summary":"China Automotive Systems press release (NASDAQ:CAAS): Q3 GAAP EPS of $0.18. Revenue of $164.2M (+19.4% Y/Y). Cash and cash equivalents, and pledged cash were $138.8 million, or approximately $4.60 per share, as of September 30, 2024. A special cash dividend","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/news/4283834-china-automotive-systems-reports-q3-results-raises-fy24-revenue-outlook","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"seekingalpha_trending_news","symbols":["CAAS"],"gpt_icon":0},{"id":"2483070024","title":"China Automotive Systems: Q3 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2483070024","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483070024?lang=en_us&edition=fundamental","pubTime":"2024-11-13 19:05","pubTimestamp":1731495904,"startTime":"0","endTime":"0","summary":"JINGZHOU, China  — JINGZHOU, China  — China Automotive Systems Inc.  on Wednesday reported third-quarter profit of $5.5 million.On a per-share basis, the Jingzhou, China-based company said it had net income of 18 cents.The auto parts supplier posted revenue of $164.2 million in the period.China Automotive Systems expects full-year revenue of $630 million.The company's shares closed at $4.62. A year ago, they were trading at $3.26.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-automotive-systems-q3-earnings-110504198.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CAAS"],"gpt_icon":0},{"id":"2483307760","title":"China Automotive Systems Q3 EPS $0.18 Down From $0.31 YoY, Sales $164.2M Up From $137.5M YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2483307760","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483307760?lang=en_us&edition=fundamental","pubTime":"2024-11-13 19:02","pubTimestamp":1731495750,"startTime":"0","endTime":"0","summary":"China Automotive Systems Q3 EPS $0.18 Down From $0.31 YoY, Sales $164.2M Up From $137.5M YoY","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/11/41933470/china-automotive-systems-q3-eps-0-18-down-from-0-31-yoy-sales-164-2m-up-from-137-5m-yoy","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"China Automotive Systems Q3 EPS $0.18 Down From $0.31 YoY, Sales $164.2M Up From $137.5M YoY","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CAAS"],"gpt_icon":0},{"id":"2483907764","title":"China Automotive Systems Reports Sales Increased by 19.4% in the Third Quarter of 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2483907764","media":"PR Newswire","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483907764?lang=en_us&edition=fundamental","pubTime":"2024-11-13 19:00","pubTimestamp":1731495600,"startTime":"0","endTime":"0","summary":"WUHAN, China, Nov. 13, 2024 /PRNewswire/ -- China Automotive Systems, Inc.  , a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2024.Net sales rose 19.4% year-over-year to $164.2 million from $137.5 million in the third quarter of 2023.Gross profit increased by 6.5% year-over-year to $26.4 million from $24.8 million in the third quarter of 2023; gross margin was 16.0% in the third quarter of 2024 compared to 18.0% in the third quarter of 2023.Net income attributable to parent company's common shareholders was $5.5 million, or diluted earnings per share of $0.18.Gross profit increased by 15.4% year-over-year to $79.7 million, compared to $69.1 million in the first nine months of 2023; gross margin increased to 17.2% in the first nine months of 2024 from 16.6% in the same period last year.\"According to statistics from the China Association of Automobile Manufacturers","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/BtuuEQX9utI3dab0fc7qFA--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/1bfb337b7a6584f1f1c22eb52a1a0b55","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/BtuuEQX9utI3dab0fc7qFA--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/1bfb337b7a6584f1f1c22eb52a1a0b55"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/china-automotive-systems-reports-sales-110000336.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-automotive-systems-reports-sales-110000336.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CAAS"],"gpt_icon":0},{"id":"2482677288","title":"RTX's Collins Aerospace to provide UK Chinook helicopters with interoperable avionics system","url":"https://stock-news.laohu8.com/highlight/detail?id=2482677288","media":"PR Newswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482677288?lang=en_us&edition=fundamental","pubTime":"2024-11-12 19:00","pubTimestamp":1731409200,"startTime":"0","endTime":"0","summary":"Cockpit upgrade will increase collaboration, operational effectiveness and safety for UK and U.S. operators. LONDON, Nov. 12, 2024 /PRNewswire/ -- Collins Aerospace, an RTX business, has received a $19 million contract from the Department of Defense to equip a fleet of new H-47 Chinooks for the UK Royal Air Force with its Common Avionics Architecture System avionics management suite. This cockpit upgrade will make UK Chinooks interoperable with the U.S. Chinooks, using the same avionics system, advance digital cockpit displays and applications.\"Interoperability with our allies will be crucial in the future fight, particularly when it comes to maintaining air dominance,\" said Dave Schreck, vice president and general manager of Military Avionics and Helicopters at Collins Aerospace. \"Having the same battle-proven, modernized flight deck technology on both UK and U.S. aircraft will enable our forces to collaborate more seamlessly, lower their workload and increase operational effectivenes","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/EX1wu_vSwPMLWs1flsP7PA--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/96e66c0341a7bf1cacc9f02baa8db257","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/EX1wu_vSwPMLWs1flsP7PA--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/96e66c0341a7bf1cacc9f02baa8db257"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/rtxs-collins-aerospace-uk-chinook-110000747.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/rtxs-collins-aerospace-uk-chinook-110000747.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1366192091.USD","CAAS","LU0640476718.USD","LU1162221912.USD","BK4566","BK4550","LU1929549753.HKD","BK4585","IE00B775SV38.USD","BK4588","BK4124","LU1280957306.USD","IE00B3S45H60.SGD","BK4187","LU0320765646.SGD","RTX"],"gpt_icon":0},{"id":"2482909412","title":"20 years of budget airlines: Once the underdogs of commercial aviation, now a force to reckon with","url":"https://stock-news.laohu8.com/highlight/detail?id=2482909412","media":"CNA","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482909412?lang=en_us&edition=fundamental","pubTime":"2024-11-11 06:00","pubTimestamp":1731276000,"startTime":"0","endTime":"0","summary":"Singapore's first low-cost carrier took off from Changi Airport in 2004, and the industry hasn't looked back since. But will the growth of budget air travel continue unchallenged?","market":"us","thumbnail":"https://onecms-res.cloudinary.com/image/upload/s--B0MxOB6C--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/11/08/whatsapp_image_2024-11-07_at_4.11.34_pm.jpeg?itok=n1e9ooij","type":0,"news_type":0,"thumbnails":["https://onecms-res.cloudinary.com/image/upload/s--B0MxOB6C--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/11/08/whatsapp_image_2024-11-07_at_4.11.34_pm.jpeg?itok=n1e9ooij"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/singapore/budget-airlines-20-years-scoot-jetstar-asia-changi-4733956","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["5GC.SI","SG9999013486.USD","SGXZ58947870.SGD","SG9999006266.SGD","ACI","SG9999001127.SGD","SG9999013478.USD","BK4113","SG9999013460.SGD","CAAS","BK4124","BK6523","BK6519","BK6003","C6L.SI","LU1981816686.USD"],"gpt_icon":1},{"id":"2481976576","title":"More Skytrain cars, Terminal 3 upgrade part of Changi Airport’s S$3 billion enhancement plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2481976576","media":"CNA","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481976576?lang=en_us&edition=fundamental","pubTime":"2024-11-07 18:00","pubTimestamp":1730973600,"startTime":"0","endTime":"0","summary":"The S$3 billion investment will be funded by an increase in airport charges.","market":"us","thumbnail":"https://onecms-res.cloudinary.com/image/upload/s--YeAuEHeo--/c_crop,h_900,w_1600,x_0,y_166/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/11/07/infrastructure_enhancement_-_6.jpg?itok=EC1aSLic","type":0,"news_type":0,"thumbnails":["https://onecms-res.cloudinary.com/image/upload/s--YeAuEHeo--/c_crop,h_900,w_1600,x_0,y_166/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/11/07/infrastructure_enhancement_-_6.jpg?itok=EC1aSLic"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/singapore/singapore-changi-airport-3-billion-enhancement-plan-skytrain-cars-terminal-3-4732841","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["CAAS","BK4588","BK4212","CAG","LU1571399168.USD","BK4585","BK4524","BK4124"],"gpt_icon":0},{"id":"2481766939","title":"Changi Airport to increase charges, levy for passengers and airlines","url":"https://stock-news.laohu8.com/highlight/detail?id=2481766939","media":"CNA","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481766939?lang=en_us&edition=fundamental","pubTime":"2024-11-07 18:00","pubTimestamp":1730973600,"startTime":"0","endTime":"0","summary":"Revenue from the fees will be used for new investments in the airport’s infrastructure to the tune of S$3 billion.","market":"sg","thumbnail":"https://onecms-res.cloudinary.com/image/upload/s--nfK5E859--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2023-11:afp_watermark_14112023,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/04/25/changi_airport_4.jpg?itok=1eSjgV0b","type":0,"news_type":0,"thumbnails":["https://onecms-res.cloudinary.com/image/upload/s--nfK5E859--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2023-11:afp_watermark_14112023,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2024/04/25/changi_airport_4.jpg?itok=1eSjgV0b"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/singapore/changi-airport-increase-charges-levy-passenger-airlines-4732881","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["BK4124","CAAS"],"gpt_icon":0},{"id":"2480750305","title":"China Automotive Systems to Announce Unaudited 2024 Third Quarter Financial Results on November 13, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2480750305","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480750305?lang=en_us&edition=fundamental","pubTime":"2024-11-04 19:00","pubTimestamp":1730718000,"startTime":"0","endTime":"0","summary":"WUHAN, China, Nov. 4, 2024 /PRNewswire/ -- China Automotive Systems, Inc.  , a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third quarter ended September 30, 2024, on Wednesday, November 13, 2024, before the market opens. Management will conduct a conference call on November 13th at 8:00 A.M. EST/9:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management's presentation.To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the \"China Automotive Systems\" conference call with pin 546311:. Phone Number: +1-888-506-0062 Phone Number: +1-973-528-0011 Mainland China Toll Free: +86-400-120-3199. A replay of the call will be available on the Company's website in the investor relations section.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/n.sd.EqzP0HBROO7n8BUGQ--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/0757ec1b7cfc56d854534094e1092875","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/n.sd.EqzP0HBROO7n8BUGQ--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/0757ec1b7cfc56d854534094e1092875"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/china-automotive-systems-announce-unaudited-110000238.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-automotive-systems-announce-unaudited-110000238.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4124","CAAS"],"gpt_icon":0},{"id":"2478609936","title":"Operator of drone that crashed at one-north condo to be charged","url":"https://stock-news.laohu8.com/highlight/detail?id=2478609936","media":"CNA","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478609936?lang=en_us&edition=fundamental","pubTime":"2024-10-25 16:55","pubTimestamp":1729846558,"startTime":"0","endTime":"0","summary":"H3 Dynamics was found to have made unapproved modifications to a Hexadrone TUNDRA 2 that later crashed.","market":"sg","thumbnail":"https://onecms-res.cloudinary.com/image/upload/s--uN_SnZ21--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/07/24/Drone%20at%20one-north%20condo.jpg?itok=XTrSagBH","type":0,"news_type":0,"thumbnails":["https://onecms-res.cloudinary.com/image/upload/s--uN_SnZ21--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2024/07/24/Drone%20at%20one-north%20condo.jpg?itok=XTrSagBH"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/singapore/operator-drone-crashed-one-north-condominium-charged-court-caas-h3-dynamics-4702306","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["BK4082","BK4563","BK4585","UA","BK4202","CFMS","BK4124","CAAS"],"gpt_icon":0},{"id":"2476766529","title":"China Automotive Systems: Revenue And Profitability Growth Not Converting To Cash Flows","url":"https://stock-news.laohu8.com/highlight/detail?id=2476766529","media":"seekingalpha","labels":["analysis"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2476766529?lang=en_us&edition=fundamental","pubTime":"2024-10-19 21:00","pubTimestamp":1729342851,"startTime":"0","endTime":"0","summary":"Consistent revenue growth since 2021, but a 700% YoY drop in Q2 free cash flow raises concerns about operational inefficiencies.Net income fell in Q2, mainly due to a $4.7 million loss from unhedged currency risk.Despite high insider ownership, minimal insider buying and a rising put/call ratio show caution.I maintain a Hold rating until cash flows improve and insider buying increases.","market":"sh","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/482173469/image_482173469.jpg","type":0,"news_type":0,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/482173469/image_482173469.jpg"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/article/4727829-china-automotive-systems-revenue-and-profitability-growth-not-converting-to-cash-flows","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"analysis","news_rank":0,"length":0,"strategy_id":0,"source":"seekingalpha","symbols":["CAAS"],"gpt_icon":0},{"id":"2474789686","title":"China Automotive Systems Inc (CAAS) Q2 2024 Earnings Call Highlights: Strong Growth in EPS ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2474789686","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2474789686?lang=en_us&edition=fundamental","pubTime":"2024-10-10 06:13","pubTimestamp":1728512029,"startTime":"0","endTime":"0","summary":"Net Sales: Increased by 15.4% year over year to $158.6 million in Q2 2024.Gross Profit: Grew by 29% year over year to $29.3 million in Q2 2024.Gross Margin: Increased to 18.5% in Q2 2024 from 16.5% in Q2 2023.Operating Income: Rose by 38.7% year over year to $10.8 million in Q2 2024.Net Income: Attributable to parent company's common shareholders was $7.1 million in Q2 2024.Diluted Earnings Per Share: $0.24 in Q2 2024 compared to $0.35 in Q2 2023.Cash Flow from Operations: $9.1 million for the first six months of 2024.EPS Product Sales: Increased by 33.7% year over year to $55.6 million in Q2 2024.Special Dividend: $0.80 per common share, totaling approximately $25 million.Total Cash and Cash Equivalents: $148.4 million as of June 30, 2024.GuruFocus has detected 3 Warning Signs with EYEN.Diluted earnings per share fell to $0.24 from $0.35 in the second quarter of 2023.Q: How much are your capital expenditures in 2024, and in what product areas are these investments being made?","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-automotive-systems-inc-caas-221349811.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CAAS"],"gpt_icon":0},{"id":"2470004759","title":"Returns On Capital Are Showing Encouraging Signs At China Automotive Systems (NASDAQ:CAAS)","url":"https://stock-news.laohu8.com/highlight/detail?id=2470004759","media":"Simply Wall St.","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2470004759?lang=en_us&edition=fundamental","pubTime":"2024-09-28 20:59","pubTimestamp":1727528348,"startTime":"0","endTime":"0","summary":"Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/4012000-choice1-main-header/1585186661661","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4012000-choice1-main-header/1585186661661"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/automobiles/nasdaq-caas/china-automotive-systems/news/returns-on-capital-are-showing-encouraging-signs-at-china-au","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["CAAS","LU2210149790.SGD","IE00BGHQF748.EUR","NDAQ","BK4112","LU2210150020.SGD","IE00B64PRP62.GBP","IE00BKPKM429.USD","EBIT","QLD","IE00B3QW5Z07.USD","MNQmain","BK4585","NQmain","BK4124","QID","BK4588",".IXIC","PSQ","LU2095319765.USD","SQQQ","TQQQ"],"gpt_icon":1},{"id":"2467184138","title":"China Automotive Systems Announces Annual Meeting on September 24, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2467184138","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2467184138?lang=en_us&edition=fundamental","pubTime":"2024-09-16 18:00","pubTimestamp":1726480800,"startTime":"0","endTime":"0","summary":"CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held on Tuesday, September 24, 2024 at 9:00 AM local time, or 9:00 PM EDT on Monday, September 23, 2024. WUHAN, China, Sept. 16, 2024 /PRNewswire/ --China Automotive Systems, Inc. , a leading power steering components and systems supplier in China, today announced that the Annual Meeting of Stockholders of China Automotive Systems, Inc. will be held on Tuesday, September 24, 2024 at 9:00 am local time at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People's Republic of China. The Company has also set up a conference room on Monday, September 23, 2024 at 9:00 PM at Henglong USA Corporation, 2546 Elliott Drive, Troy, Michigan, U.S., for the Company's shareholders to participate via a WebEx connection.Shareholders may access the annual meeting by dialing U.S./Canada 1-408-792-6300, pin numb","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/OhDdzf.iYtVSKxVTmPQ5cw--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/3c8a0ff1c1a3d781e0948c7d52c9f1f4","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/OhDdzf.iYtVSKxVTmPQ5cw--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/3c8a0ff1c1a3d781e0948c7d52c9f1f4"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/china-automotive-systems-announces-annual-100000312.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-automotive-systems-announces-annual-100000312.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4124","CAAS"],"gpt_icon":0},{"id":"2465573630","title":"Investing in China Automotive Systems (NASDAQ:CAAS) five years ago would have delivered you a 88% gain","url":"https://stock-news.laohu8.com/highlight/detail?id=2465573630","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2465573630?lang=en_us&edition=fundamental","pubTime":"2024-09-06 01:29","pubTimestamp":1725557384,"startTime":"0","endTime":"0","summary":"When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the China Automotive Systems, Inc.  share price is up 57% in the last five years, that's less than the market return. The last year has been disappointing, with the stock price down 13% in that time.So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.See our latest analysis for China Automotive Systems. China Automotive Systems shareholders are up 4.5% for the year. But that was short of the market average. It's probably a good sign that the company has an even better long term track record, having provided shareholders with an annual TSR of 13% over five years. It may well be that this is a business worth popping on the watchi","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/KiXFs.9cm..G7GbravDxmw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/6540fe5988bdb3105f465c4ad0990b6f","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/KiXFs.9cm..G7GbravDxmw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/6540fe5988bdb3105f465c4ad0990b6f"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/investing-china-automotive-systems-nasdaq-172944499.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE00BKPKM429.USD","LU2095319765.USD","LU2210149790.SGD","PSQ","NQmain","BK4112","MNQmain","CAAS","QLD","SQQQ","BK4585","LU2210150020.SGD","BK4124","NDAQ","TQQQ",".IXIC","QID","BK4588"],"gpt_icon":1},{"id":"2464456885","title":"'Digital licence plate' required for unmanned aircraft weighing above 250g from December 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2464456885","media":"CNA","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2464456885?lang=en_us&edition=fundamental","pubTime":"2024-09-02 16:34","pubTimestamp":1725266052,"startTime":"0","endTime":"0","summary":"The Civil Aviation Authority of Singapore plans to cover the full cost of the required Broadcast Remote Identification module unit for eligible users.","market":"us","thumbnail":"https://onecms-res.cloudinary.com/image/upload/s--noKSgnvM--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/man-in-singapore-operates-drone.jpg?itok=V73GYGqQ","type":0,"news_type":0,"thumbnails":["https://onecms-res.cloudinary.com/image/upload/s--noKSgnvM--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/man-in-singapore-operates-drone.jpg?itok=V73GYGqQ"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/singapore/drones-unmanned-aircraft-require-broadcast-remote-identification-cost-caas-4581341","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["CAAS","BK4124"],"gpt_icon":0}],"profile":{"websiteUrl":"http://www.caasauto.com","stockEarnings":[{"period":"1week","weight":-0.0334},{"period":"1month","weight":-0.0503},{"period":"3month","weight":0.1858},{"period":"6month","weight":0.1481},{"period":"1year","weight":0.2157},{"period":"ytd","weight":0.3437}],"compareEarnings":[{"period":"1week","weight":0.0141},{"period":"1month","weight":0.031},{"period":"3month","weight":0.0725},{"period":"6month","weight":0.1355},{"period":"1year","weight":0.3163},{"period":"ytd","weight":0.2599}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China, the United States, and internationally. It 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 electronics and systems and parts. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research and development support services; and inspection and testing of automotive products, as well as markets automotive parts in North America. The company primarily sells its products to the original equipment manufacturing customers. 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Introduction