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China Automotive Systems

DB:RYV
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RYV
DB
$52M
Market Cap
  1. Home
  2. DE
  3. Automobiles
Company description

China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People’s Republic of China. The last earnings update was 147 days ago. More info.


Add to Portfolio Compare Print
  • China Automotive Systems has significant price volatility in the past 3 months.
RYV Share Price and Events
7 Day Returns
0.7%
DB:RYV
3.7%
DE Auto Components
2.1%
DE Market
1 Year Returns
-41.2%
DB:RYV
-47.8%
DE Auto Components
-16.6%
DE Market
RYV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Automotive Systems (RYV) 0.7% -16.4% -45% -41.2% -66.5% -77.8%
DE Auto Components 3.7% -20.4% -41.1% -47.8% -63.5% -67.9%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • RYV outperformed the Auto Components industry which returned -47.8% over the past year.
  • RYV underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
RYV
Industry
5yr Volatility vs Market

Value

 Is China Automotive Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China Automotive Systems. This is due to cash flow or dividend data being unavailable. The share price is €1.53.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China Automotive Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Automotive Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:RYV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.16
NasdaqCM:CAAS Share Price ** NasdaqCM (2020-04-07) in USD $1.66
Germany Auto Components Industry PE Ratio Median Figure of 9 Publicly-Listed Auto Components Companies 12.05x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China Automotive Systems.

DB:RYV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CAAS Share Price ÷ EPS (both in USD)

= 1.66 ÷ 0.16

10.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Automotive Systems is good value based on earnings compared to the DE Auto Components industry average.
  • China Automotive Systems is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does China Automotive Systems's expected growth come at a high price?
Raw Data
DB:RYV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-47.8%per year
Germany Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.53x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

DB:RYV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.3x ÷ -47.8%

-0.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Automotive Systems earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Automotive Systems's assets?
Raw Data
DB:RYV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $9.04
NasdaqCM:CAAS Share Price * NasdaqCM (2020-04-07) in USD $1.66
Germany Auto Components Industry PB Ratio Median Figure of 13 Publicly-Listed Auto Components Companies 0.7x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:RYV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CAAS Share Price ÷ Book Value per Share (both in USD)

= 1.66 ÷ 9.04

0.18x

* Primary Listing of China Automotive Systems.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Automotive Systems is good value based on assets compared to the DE Auto Components industry average.
X
Value checks
We assess China Automotive Systems's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. China Automotive Systems has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is China Automotive Systems expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-47.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Automotive Systems expected to grow at an attractive rate?
  • China Automotive Systems's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • China Automotive Systems's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • China Automotive Systems's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:RYV Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:RYV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -47.8%
DB:RYV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -3.6%
Germany Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 49.7%
Germany Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:RYV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:RYV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 418 3 1
2020-04-07
2019-12-31 427 9 1
DB:RYV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 440 8 5
2019-06-30 451 -8 1
2019-03-31 471 2 0
2018-12-31 496 13 2
2018-09-30 516 16 -34
2018-06-30 522 21 -29
2018-03-31 514 39 -21
2017-12-31 499 49 -19
2017-09-30 505 41 25
2017-06-30 481 40 26
2017-03-31 465 17 23
2016-12-31 462 12 23

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • China Automotive Systems's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • China Automotive Systems's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:RYV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from China Automotive Systems Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RYV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.10 0.10 0.10 1.00
2020-04-07
2019-12-31 0.30 0.30 0.30 1.00
DB:RYV Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.16
2019-06-30 0.04
2019-03-31 -0.01
2018-12-31 0.08
2018-09-30 -1.06
2018-06-30 -0.91
2018-03-31 -0.66
2017-12-31 -0.61
2017-09-30 0.80
2017-06-30 0.82
2017-03-31 0.71
2016-12-31 0.70

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if China Automotive Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess China Automotive Systems's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China Automotive Systems has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has China Automotive Systems performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Automotive Systems's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China Automotive Systems's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • China Automotive Systems has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • China Automotive Systems has become profitable in the last year making it difficult to compare the DE Auto Components industry average.
Earnings and Revenue History
China Automotive Systems's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Automotive Systems Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RYV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 439.76 5.07 33.80 29.55
2019-06-30 451.30 1.20 32.87 30.40
2019-03-31 471.33 -0.47 33.91 31.85
2018-12-31 496.16 2.38 36.48 33.55
2018-09-30 515.61 -33.50 36.38 33.23
2018-06-30 521.90 -28.82 38.25 35.46
2018-03-31 513.77 -20.75 38.75 35.09
2017-12-31 499.06 -19.35 36.93 33.54
2017-09-30 504.89 25.45 33.87 32.52
2017-06-30 481.15 26.07 32.53 30.05
2017-03-31 464.50 22.52 30.76 28.33
2016-12-31 462.05 22.51 30.96 27.71
2016-09-30 432.58 23.69 31.18 23.44
2016-06-30 428.79 22.29 30.00 22.16
2016-03-31 436.94 24.59 29.76 22.59
2015-12-31 443.53 27.39 29.21 22.34
2015-09-30 458.71 29.48 29.52 24.20
2015-06-30 469.60 31.93 30.59 24.20
2015-03-31 475.91 35.28 30.86 22.97
2014-12-31 466.77 33.54 29.37 22.97
2014-09-30 460.70 31.76 26.97 24.26
2014-06-30 449.89 33.65 24.97 23.94
2014-03-31 432.30 27.62 23.88 23.37
2013-12-31 415.16 26.79 24.58 20.89
2013-09-30 387.49 24.62 24.58 17.96
2013-06-30 369.76 19.53 24.03 15.66

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • China Automotive Systems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • China Automotive Systems used its assets less efficiently than the DE Auto Components industry average last year based on Return on Assets.
  • It is difficult to establish if China Automotive Systems improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess China Automotive Systems's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China Automotive Systems has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is China Automotive Systems's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Automotive Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Automotive Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China Automotive Systems's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China Automotive Systems's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China Automotive Systems Company Filings, last reported 6 months ago.

DB:RYV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 304.91 72.69 83.82
2019-06-30 308.53 81.69 70.87
2019-03-31 312.07 77.69 65.47
2018-12-31 304.83 73.69 103.89
2018-09-30 309.51 84.09 118.03
2018-06-30 306.39 57.38 85.58
2018-03-31 323.40 63.49 91.77
2017-12-31 306.13 73.36 94.15
2017-09-30 339.58 73.59 79.21
2017-06-30 327.55 67.38 63.71
2017-03-31 313.46 69.16 59.51
2016-12-31 305.89 41.43 61.57
2016-09-30 312.17 40.61 78.40
2016-06-30 308.99 42.30 71.42
2016-03-31 314.49 45.37 83.98
2015-12-31 307.30 40.93 90.89
2015-09-30 305.94 44.98 102.87
2015-06-30 314.03 45.39 108.65
2015-03-31 304.97 41.19 104.99
2014-12-31 298.17 43.99 109.52
2014-09-30 249.83 45.57 84.84
2014-06-30 278.92 42.84 94.23
2014-03-31 277.69 38.94 78.89
2013-12-31 271.77 37.38 89.49
2013-09-30 260.72 42.20 86.98
2013-06-30 249.78 47.18 90.65
  • China Automotive Systems's level of debt (23.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (18.2% vs 23.8% today).
  • Debt is not well covered by operating cash flow (10.5%, less than 20% of total debt).
  • Unable to confirm if the interest payments on China Automotive Systems's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess China Automotive Systems's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Automotive Systems has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is China Automotive Systems's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from China Automotive Systems dividends.
If you bought €2,000 of China Automotive Systems shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate China Automotive Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Automotive Systems's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:RYV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 5.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:RYV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2020-04-07
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as China Automotive Systems has not reported any payouts.
  • Unable to verify if China Automotive Systems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Automotive Systems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Automotive Systems has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess China Automotive Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Automotive Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Automotive Systems has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of China Automotive Systems's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Qizhou Wu
COMPENSATION $164,000
AGE 55
TENURE AS CEO 12.6 years
CEO Bio

Mr. Qizhou Wu Co-founded China Automotive Systems Inc. and has been its Chief Executive Officer since September 25, 2007 and serves as its President. Mr. Wu serves as the Chief Technology Officer of China Automotive Systems Inc. and served as it's Chief Operating Officer since March 2003. Mr. Wu served as the President of China Automotive Systems Inc. He served as an Executive Vice General Manager of Jiulong from 1993 to 1999 and GM of Henglong from 1999 to 2002. Mr. Wu served as a Vice Chairman of China Automotive Systems Inc. and has been its Director since March 2003. Mr. Wu holds Masters in Automobile Engineering & Bachelor's degree in Automobile Engineering from Tsinghua University.

CEO Compensation
  • Qizhou's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Qizhou's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the China Automotive Systems management team in years:

12.6
Average Tenure
52
Average Age
  • The average tenure for the China Automotive Systems management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Hanlin Chen

TITLE
Chairman
COMPENSATION
$246K
AGE
62

Qizhou Wu

TITLE
President
COMPENSATION
$164K
AGE
55
TENURE
12.6 yrs

Jie Li

TITLE
Chief Financial Officer
COMPENSATION
$98K
AGE
49
TENURE
12.6 yrs

Kevin Theiss

TITLE
Manager of Investor Relations

Andy Tse

TITLE
Senior Vice President
COMPENSATION
$60K
AGE
48
TENURE
17.1 yrs

Richard Gills

TITLE
President of California Division
TENURE
1.4 yrs

Na Wei

TITLE
Secretary
Board of Directors Tenure

Average tenure and age of the China Automotive Systems board of directors in years:

10.3
Average Tenure
61.5
Average Age
  • The average tenure for the China Automotive Systems board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Hanlin Chen

TITLE
Chairman
COMPENSATION
$246K
AGE
62
TENURE
17.1 yrs

Qizhou Wu

TITLE
President
COMPENSATION
$164K
AGE
55
TENURE
17.1 yrs

Guangxun Xu

TITLE
Independent Director
COMPENSATION
$67K
AGE
68
TENURE
10.3 yrs

Heng Henry Lu

TITLE
Independent Director
TENURE
0.8 yrs

Tong Teo

TITLE
Independent Director
AGE
61
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Sep 19 Buy Jie Li Individual 10. Sep 19 10. Sep 19 33 €1.64 €54
12. Sep 19 Buy Jie Li Individual 09. Sep 19 09. Sep 19 2,000 €1.64 €3,274
09. Sep 19 Buy Jie Li Individual 03. Sep 19 06. Sep 19 8,000 €1.67 €13,394
27. Aug 19 Buy Jie Li Individual 22. Aug 19 22. Aug 19 47 €1.71 €81
27. Aug 19 Buy Jie Li Individual 23. Aug 19 26. Aug 19 5,953 €1.71 €9,862
X
Management checks
We assess China Automotive Systems's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Automotive Systems has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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.

Details
Name: China Automotive Systems, Inc.
RYV
Exchange: DB
Founded:
$47,720,904
31,403,162
Website: http://www.caasauto.com
Address: China Automotive Systems, Inc.
No. 1 Henglong Road,
Yu Qiao Development Zone,
Jingzhou City,
Hubei Province, 434000,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CAAS Common Stock Nasdaq Capital Market US USD 16. Sep 2002
DB RYV Common Stock Deutsche Boerse AG DE EUR 16. Sep 2002
Number of employees
Current staff
Staff numbers
4,711
China Automotive Systems employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 20:32
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/13
Last earnings filing: 2019/11/12
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.