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China Automotive Systems, Inc is an auto parts business based in the US. China Automotive Systems shares (CAAS) are listed on the NASDAQ and all prices are listed in US Dollars. China Automotive Systems employs 3,998 staff and has a trailing 12-month revenue of around USD$387.1 million.
|Latest market close||USD$6.24|
|52-week range||USD$1.425 - USD$10.5|
|50-day moving average||USD$5.6338|
|200-day moving average||USD$3.528|
|Wall St. target price||USD$4|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.061|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-09)||N/A|
|1 month (2020-12-18)||-9.17%|
|3 months (2020-10-16)||103.26%|
|6 months (2020-07-17)||109.40%|
|1 year (2020-01-17)||100.00%|
|2 years (2019-01-18)||113.70%|
|3 years (2018-01-18)||31.92%|
|5 years (2016-01-16)||N/A|
Valuing China Automotive Systems stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of China Automotive Systems's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
China Automotive Systems's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, China Automotive Systems shares trade at around 42x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
China Automotive Systems's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.61. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into China Automotive Systems's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
China Automotive Systems's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$14.1 million.
The EBITDA is a measure of a China Automotive Systems's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$387.1 million|
|Gross profit TTM||USD$62 million|
|Return on assets TTM||-0.63%|
|Return on equity TTM||-0.82%|
|Market capitalisation||USD$209.8 million|
TTM: trailing 12 months
There are currently 624,889 China Automotive Systems shares held short by investors – that's known as China Automotive Systems's "short interest". This figure is 1555.1% up from 37,756 last month.
There are a few different ways that this level of interest in shorting China Automotive Systems shares can be evaluated.
China Automotive Systems's "short interest ratio" (SIR) is the quantity of China Automotive Systems shares currently shorted divided by the average quantity of China Automotive Systems shares traded daily (recently around 7.8 million). China Automotive Systems's SIR currently stands at 0.08. In other words for every 100,000 China Automotive Systems shares traded daily on the market, roughly 80 shares are currently held short.
However China Automotive Systems's short interest can also be evaluated against the total number of China Automotive Systems shares, or, against the total number of tradable China Automotive Systems shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case China Automotive Systems's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 China Automotive Systems shares in existence, roughly 20 shares are currently held short) or 0.0561% of the tradable shares (for every 100,000 tradable China Automotive Systems shares, roughly 56 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against China Automotive Systems.
Find out more about how you can short China Automotive Systems stock.
We're not expecting China Automotive Systems to pay a dividend over the next 12 months.
China Automotive Systems's shares were split on a 3:1 basis on 5 March 2003. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your China Automotive Systems shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for China Automotive Systems shares which in turn could have impacted China Automotive Systems's share price.
Over the last 12 months, China Automotive Systems's shares have ranged in value from as little as $1.425 up to $10.5. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while China Automotive Systems's is 3.4294. This would suggest that China Automotive Systems's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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 and hydraulic power steering 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. is headquartered in Jingzhou City, the People's Republic of China.
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