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Upturn AI SWOT - About
CAAS 
China Automotive Systems Inc (CAAS)
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Upturn Advisory Summary
07/03/2025: CAAS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit -38.02% | Avg. Invested days 35 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 124.00M USD | Price to earnings Ratio 4.28 | 1Y Target Price 7.5 |
Price to earnings Ratio 4.28 | 1Y Target Price 7.5 | ||
Volume (30-day avg) - | Beta 2.55 | 52 Weeks Range 2.85 - 5.37 | Updated Date 06/30/2025 |
52 Weeks Range 2.85 - 5.37 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.96 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 4.25% | Operating Margin (TTM) 5.17% |
Management Effectiveness
Return on Assets (TTM) 3.04% | Return on Equity (TTM) 9.37% |
Valuation
Trailing PE 4.28 | Forward PE 14.88 | Enterprise Value 221345585 | Price to Sales(TTM) 0.18 |
Enterprise Value 221345585 | Price to Sales(TTM) 0.18 | ||
Enterprise Value to Revenue 0.33 | Enterprise Value to EBITDA 3.34 | Shares Outstanding 30170700 | Shares Floating 10622501 |
Shares Outstanding 30170700 | Shares Floating 10622501 | ||
Percent Insiders 64.77 | Percent Institutions 4.34 |
Upturn AI SWOT
China Automotive Systems Inc
Company Overview
History and Background
China Automotive Systems, Inc. (CAAS) was founded in 1993 and is headquartered in Jingzhou, China. It is a leading supplier of power steering systems and components for the Chinese automotive market. The company has grown through strategic partnerships, technological innovation, and expansion of its product line.
Core Business Areas
- Hydraulic Power Steering (HPS) Systems: CAAS designs and manufactures hydraulic power steering systems for passenger vehicles, light-duty trucks, and specialty vehicles.
- Electric Power Steering (EPS) Systems: CAAS develops and produces electric power steering systems, which offer improved fuel efficiency and enhanced steering control.
- Power Steering Components: CAAS manufactures and sells power steering components, including pumps, gears, and hoses, to original equipment manufacturers (OEMs) and aftermarket customers.
Leadership and Structure
CAAS is led by its Chairman and CEO. The company has a management team overseeing different functional areas, including operations, finance, and sales. The organizational structure is designed to support its manufacturing and distribution activities across China.
Top Products and Market Share
Key Offerings
- Hydraulic Power Steering (HPS) Systems: HPS systems are a core product for CAAS. They represent a significant portion of the company's revenue. Competitors include Bosch, ZF, and JTEKT. Due to the global shift towards EPS, HPS market share is decreasing. Revenue generation has been declining in recent years.
- Electric Power Steering (EPS) Systems: EPS systems are a growth area for CAAS. They are gaining popularity due to their fuel efficiency and advanced features. Competitors include Bosch, ZF, and Nexteer. Market share is increasing as the demand for EPS grows, revenue is also growing for this sector.
- Power Steering Gears and Pumps: This includes components that go into Power Steering and EPS systems for light and heavy vehicles. Competitors in this space include global players like Bosch and local players.
Market Dynamics
Industry Overview
The automotive steering systems industry is evolving rapidly, with a growing emphasis on electric power steering (EPS) and autonomous driving technologies. The market is competitive, with global players and domestic Chinese manufacturers vying for market share.
Positioning
CAAS is positioned as a leading supplier of power steering systems in China, with a strong focus on domestic OEMs. The company is investing in EPS technology to maintain its competitiveness in the changing market landscape. The company faces competition from both international firms (Bosch, ZF, Nexteer) and domestic firms.
Total Addressable Market (TAM)
The global automotive steering system market is expected to reach over $40 billion by 2025. CAAS primarily caters to the Chinese domestic market and aims to increase its presence within this TAM.
Upturn SWOT Analysis
Strengths
- Strong relationships with Chinese OEMs
- Established manufacturing infrastructure
- Competitive pricing
- Focus on domestic market
Weaknesses
- Heavy reliance on Chinese market
- Lower R&D spending compared to global competitors
- Slower adoption of advanced technologies
- Limited global presence
Opportunities
- Growing demand for EPS systems in China
- Expansion into new vehicle segments
- Strategic partnerships with international companies
- Increasing automotive production in Asia
Threats
- Intense competition from global players
- Fluctuations in raw material prices
- Changing automotive industry regulations
- Economic slowdown in China
Competitors and Market Share
Key Competitors
- MTS (MTS)
- ZF (ZFGN.DE)
- NSK (NSKKY)
Competitive Landscape
CAAS faces strong competition from global players with advanced technology and established market presence. The company's advantages include its strong relationships with domestic OEMs and its competitive pricing. CAAS has disadvantages that include lower R&D spending compared to global competitors and slower adoption of advanced technologies.
Major Acquisitions
Telxon Technologies
- Year: 2013
- Acquisition Price (USD millions): 10
- Strategic Rationale: Acquired the electrical equipment manufacturers to expand the product line
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been tied to the growth of the Chinese automotive market, with periods of rapid expansion and periods of slower growth.
Future Projections: Future growth depends on CAAS's ability to capture market share in the EPS segment and expand its customer base. Analyst estimates vary based on market conditions and company performance.
Recent Initiatives: Recent initiatives include investments in EPS technology, expansion of production capacity, and strategic partnerships with OEMs.
Summary
China Automotive Systems is a key player in the Chinese automotive steering market, benefiting from strong OEM relationships. While it faces intense competition from global giants, CAAS is strategically investing in EPS to capitalize on growing demand. However, it needs to address its heavy reliance on the Chinese market and enhance its R&D efforts. Fluctuations in raw material prices and the Chinese economy pose risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company reports
- Industry analysis reports
- Financial news sources
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change. Financial data may be delayed. Market share percentages are estimates.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About China Automotive Systems Inc
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2003-10-07 | President, CEO & Director Mr. Qizhou Wu | ||
Sector Consumer Cyclical | Industry Auto Parts | Full time employees 4313 | Website https://www.caasauto.com |
Full time employees 4313 | Website https://www.caasauto.com | ||
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. 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 electronics and systems and parts. It also provides automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, the company offers 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. It primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. is headquartered in Jingzhou, the People's Republic of China.
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