China Automotive Systems Reports Unaudited 2021 Third Quarter Results
China Automotive Systems, Inc. (CAAS)
Last china automotive systems, inc. earnings: 11/12 06:00 am
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caasauto.com
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Source: PR Newswire
WUHAN, China, Nov. 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), 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, 2021. Third Quarter 2021 HighlightsNet sales decreased 5.4% to $108.2 million compared with $114.4 million in the third quarter of 2020; Electric power steering ("EPS") product sales increased by 76.0% to $29.4 million; Gross profit increased 23.5% to $16.8 million and gross margin increased to 15.5% from 11.9% in the third quarter of 2020; Income from operations was $0.6 million compared with income from operations of $0.1 million in the third quarter of 2020; Net loss attributable to parent company's common shareholders was $0.3 million, or diluted loss per share of $0.01, compared to net income attributable to parent company's common shareholders of $2.4 million, or diluted earnings per share of $
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News
- China Automotive Systems, Inc. (NASDAQ:CAAS) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- China Automotive Systems, Inc. (NASDAQ: CAAS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- China Automotive Systems Reports Record Annual Revenue, and a 81.2% Increase in Diluted Net Income Per Share to $1.25 in Fiscal Year 2023 [Yahoo! Finance]Yahoo! Finance
- China Automotive Systems Reports Record Annual Revenue, and a 81.2% Increase in Diluted Net Income Per Share to $1.25 in Fiscal Year 2023PR Newswire
- China Automotive Systems, Inc. (NASDAQ: CAAS) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
CAAS
Earnings
- 5/12/23 - Beat
CAAS
Sec Filings
- 3/28/24 - Form 8-K
- 3/28/24 - Form 10-K
- CAAS's page on the SEC website