中国汽车系统(CAAS)
搜索文档
China Automotive Systems to Announce Unaudited 2024 Third Quarter Financial Results on November 13, 2024
Prnewswire· 2024-11-04 19:00
WUHAN, China, Nov. 4, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), 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 ...
China Automotive Systems Announces Annual Meeting on September 24, 2024
Prnewswire· 2024-09-16 18:00
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, 2024WUHAN, China, Sept. 16, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), 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, Septe ...
China Automotive Systems(CAAS) - 2024 Q2 - Quarterly Results
2024-08-13 18:14
财务业绩 - 净销售额同比增长15.4%至1.586亿美元[2] - 前六个月净销售额同比增长6.6%至2.98亿美元[5][6] - 公司维持2024年全年收入6.05亿美元的指引[27] - 公司净收入为1,801.9万美元[43] 盈利能力 - 毛利润同比增长29.0%至2,930万美元,毛利率从16.5%提升至18.5%[3] - 前六个月毛利率从15.9%提升至17.9%[5][6] - 2024年第二季度毛利为2930万美元,同比增长28.9%[32] - 2024年上半年毛利为5337万美元,同比增长20.4%[35] 营业利润 - 营业利润同比增长38.7%至1,080万美元[4] - 前六个月营业利润同比增长31.7%至2,050万美元[7] 净利润 - 归属于母公司普通股东的净利润为710万美元,每股摊薄收益为0.24美元[4] - 2024年第二季度净利润为714万美元,同比下降31.7%[33] - 2024年上半年净利润为1541万美元,同比下降10.8%[36] 现金流 - 截至2024年6月30日,现金及现金等价物和保证金现金合计14.84亿美元[26] - 2024年6月30日现金及现金等价物为1.071亿美元[38] 资产负债表 - 2024年6月30日总资产为7.85亿美元,较2023年12月31日增加2.4%[38] - 公司资产负债表中的应收账款和应收票据增加了2,045.1万美元[43] - 公司资产负债表中的存货减少了427.1万美元[43] 其他 - 公司宣布向股东派发每股0.8美元的特别现金股利[7] - 公司获得了1,550.4万美元的非控股权益资本投入[43] - 公司支付了1,001.6万美元用于购买物业、厂房和设备,其中2,839万美元支付给关联方[43]
China Automotive Systems(CAAS) - 2024 Q2 - Quarterly Report
2024-08-13 18:10
产品销售情况 - 净产品销售额增加15.4%至1.586亿美元[159] - 电动助力转向系统和零件的销售额增加33.7%至5560万美元[160] - 恒隆主要从事乘用车转向系统的销售,销售额增加18.9%至8000万美元[160] - 公司整体净产品销售额为2.98亿美元,同比增长6.6%[184] - 电动助力转向系统和零件的净销售额为1.03亿美元,同比增长15.2%[192] - 恒隆主要从事乘用车转向系统的销售,净产品销售额为1.39亿美元,同比增长7.6%[192,193] - 芜湖主要为奇瑞汽车提供转向系统,净产品销售额为1.79亿美元,同比增长20.0%[195] - 湖北恒隆主要为Stellantis N.V.和福特提供转向系统,净产品销售额为5.72亿美元,同比下降10.0%[196] - 恒隆KYB主要从事乘用车电动助力转向系统的销售,净产品销售额为7.78亿美元,同比增长15.5%[188] - 其他实体的净产品销售额为6.41亿美元,同比增长37.6%[188] 财务情况 - 成本of产品销售总额为2.45亿美元,同比增长4.0%[185] - 毛利率为18.5%,同比提高2.0个百分点[174] - 销售费用同比增加21.0%,主要由于营销费用增加[208] - 管理费用同比增加29.3%,主要由于咨询费和税费增加[209] - 研发费用同比增加3.8%,主要由于传统产品新项目研发投入增加[210] - 其他收益同比增加19.4%,主要由于政府补助增加[211] - 净利润同比下降10.9%,主要由于汇兑损失增加[213,216] - 公司现金及短期投资为1.204亿美元,较2023年末减少4.2%[218] - 公司流动资金充足,预计未来12个月内现金流可满足需求[221] 融资情况 - 公司截至2024年6月30日的短期和长期贷款合同信息[245] - 公司截至2024年6月30日发行的应付票据合同信息[253] - 公司必须按时偿还贷款本金,否则将被收取30%至100%的罚息[252] - 公司截至2024年6月30日已遵守相关财务契约[252] - 2024年7月和8月,公司偿还了到期的银行贷款[251] - 公司2024年6月29日和7月6日取得的银行贷款总额为4760.1万美元[251] - 公司2024年6月25日至2024年11月22日取得的银行贷款总额为2,279.5万美元[247] - 公司2024年2月7日至2025年3月14日取得的银行贷款总额为2,936.2万美元[247] - 公司2023年7月6日和6月29日取得的银行贷款总额为332万美元[248][250] - 公司2024年3月31日至2025年6月25日取得的银行贷款总额为2,054.5万美元[245] 现金流情况 - 公司上半年经营活动产生的净现金流为9.1百万美元,同比增加9.2百万美元,主要由于(1)扣除非现金项目的净收入增加1.2百万美元[256]、(2)存货变动产生的现金流入减少4.1百万美元[256]、(3)应收账款及应收票据变动产生的现金流出增加2.1百万美元[256]、(4)应付账款及应付票据变动产生的现金流出减少12.3百万美元[256]、(5)其他因素共减少现金流出1.9百万美元[256] - 公司上半年投资活动产生的净现金流出为28.2百万美元,同比增加4.2百万美元,主要由于(1)购买无形资产支付减少2.0百万美元[257]、(2)短期投资到期收回减少10.2百万美元[257]、(3)权益法投资支付减少7.7百万美元[257]、(4)购买固定资产支付增加4.6百万美元[257]以及其他因素共增加3.7百万美元[257] - 公司上半年筹资活动产生的净现金流入为14.2百万美元,同比增加19.8百万美元,主要由于(1)偿还银行贷款增加8.5百万美元[258]、(2)新增银行贷款12.8百万美元[258]、(3)收到资本投入增加1.5百万美元[258] 网络安全风险管理 - 公司高度重视网络安全风险管理,将其纳入整体风险管理框架,确保网络安全风险管理与业务目标和运营需求相一致[260][261] - 公司对第三方服务提供商实施严格的安全评估和持续监控,以降低数据泄露等风险[262] - 公司目前未遭遇对业务和财务状况造成重大影响的网络安全事件[263]
China Automotive Systems Reports Income From Operations Increased by 38.7% in the Second Quarter of 2024
Prnewswire· 2024-08-13 17:45
WUHAN, China, Aug. 13, 2024 /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 second quarter and six months ended June 30, 2024.Second Quarter 2024 HighlightsNet sales rose 15.4% year-over-year to $158.6 million from $137.4 million in the second quarter of 2023.Gross profit increased by 29.0% year-over-year to $29.3 million from $22.7 million in th ...
China Automotive Systems to Announce Unaudited 2024 Second Quarter Financial Results on August 13, 2024
Prnewswire· 2024-08-02 18:00
WUHAN, China, Aug. 2, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2024, on Tuesday, August 13, 2024, before the market opens. Management will conduct a conference call on August 13th at 7:00 A.M. EDT/7:00 P.M. Beijing Time to discuss these results. A question and answer session will follow man ...
China Automotive Systems: 74% Discount To Book Value, Great Earnings
Seeking Alpha· 2024-07-28 23:13
Sergii Petruk/iStock via Getty Images Investment Thesis China Automotive Systems (NASDAQ:CAAS) is one of the largest suppliers of power steering systems and components to China's automotive industry. CAAS poses an interesting, deep value play. The stock is currently trading at 5.4x EBIT (2025), and a 74% discount to its fully diluted book value of $392MM. CAAS is set to benefit from strong tailwinds from the rise in electric vehicle demand and its exclusive electric power steering products. I see decent ups ...
China Automotive Systems Announces Special Cash Dividend
Prnewswire· 2024-07-19 20:58
- Celebrating 20th Anniversary of NASDAQ Listing -WUHAN, China, July 19, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that the Board of Directors has declared a special cash dividend of US$0.80 per common share. The special cash dividend is payable on or about August 22, 2024 to shareholders of record as of the close of business on Tuesday, July 30, 2024. The aggregate amount ...
3 Chinese Penny Stocks to Buy for the China Rebound
Investor Place· 2024-06-17 18:00
Signs of a recovery in the world’s second largest economy continue to emerge. The Chinese housing sector continues to rebound. That alone bodes well for the Chinese economy. Meanwhile, signs of potential rate cuts in the U.S. continue to emerge. Weaker than expected payroll data in May increases the likelihood that the Federal Reserve will cut rates in the coming months. The overall result is that Chinese penny stocks look particularly interesting at the moment.The combination of exposure to the Chinese eco ...
China Automotive Systems. Goes Unnoticed For Too Long
seekingalpha.com· 2024-05-24 17:30
MarioGuti/iStock via Getty Images A Stock in Drive China Automotive Systems, Inc. (NASDAQ:CAAS) stock is a victim of China's New Electric Vehicle and automotive sales industry success. This small company with a $108.97M market cap has been unnoticed for too long. The stock hit a high of $9.61 per share in early 2023. Subsequently, bad news disappointed investors in the EV industry, compounded by political and economic headwinds that undercut the stock's momentum. 12 months later, CAAS shares closed just abo ...