CAAS
China Automotive Systems, Inc.
CAAS's fundamentals are strong and it looks cheap: trading at 2.2x earnings, less than half its usual 5.2x. Analysts expect earnings to fall sharply.
CAAS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
CAAS's revenue, profitability, cash flow and balance sheet are all currently healthy.
CAAS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 2.2x | $4.27 | — |
| Cheap | 3.2x | $6.11 | +43% |
| Fair | 5.1x | $9.66 | +126% |
| Expensive | 22x | $41.22 | +865% |
| Forward | 36x | $4.27 | — |
Historical ranges are pointers, not guarantees.
CAAS's PE is in its cheap range at 2.2x. Analysts expect earnings to fall, which would put today's price at 36x next year's earnings, in its expensive range.
CAAS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect CAAS's earnings to decline, with its revenue and profitability holding steady.
CAAS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.12 | -94% |
| Q2 2026 | $1.91 | +97% |
| Q1 2026 | $1.67 | +74% |
| Q4 2025 | $1.42 | +43% |
| Q3 2025 | $1.11 | +5.7% |
| Q2 2025 | $0.97 | -18% |
| Q1 2025 | $0.96 | -26% |
| Q4 2024 | $0.99 | -21% |
| Q3 2024 | $1.05 | +1.9% |
CAAS earned $1.91 per share over the past year, up 97% from the year before.
CAAS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $206.2M | +17% |
| Q1 2026 | $206.2M | +23% |
| Q4 2025 | $229.2M | +21% |
| Q3 2025 | $193.2M | +18% |
| Q2 2025 | $176.2M | +11% |
| Q1 2025 | $167.1M | +20% |
| Q4 2024 | $188.7M | +19% |
| Q3 2024 | $164.2M | +19% |
CAAS's revenue has grown year over year for nine quarters in a row: $206M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 11% | +3.1 points |
| Q1 2026 | 11% | +5.3 points |
| Q4 2025 | 11% | +6.6 points |
| Q3 2025 | 6.3% | -0.5 points |
| Q2 2025 | 7.4% | +0.6 points |
| Q1 2025 | 5.2% | -1.8 points |
| Q4 2024 | 4.6% | -3.9 points |
| Q3 2024 | 6.8% | -0.6 points |
CAAS's operating margin was 11% last quarter, up 3.1 points from the same quarter a year ago.
CAAS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $8.7M | -62% |
| Q1 2026 | $74.4M | +856% |
| Q4 2025 | $0 | +$32.2M |
| Q3 2025 | $0 | +$841K |
| Q2 2025 | $22.8M | +$29.7M |
| Q1 2025 | $7.8M | +31% |
| Q4 2024 | -$32.2M | -1132% |
| Q3 2024 | -$841K | -121% |
CAAS's free cash flow has turned positive again: $83M over the past year, against −$2M the year before.
CAAS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | -0.1% | -18.8K shares |
| 5 years | -2.2% | -685K shares |
| Available history | -4.2% | -1.3M shares |
CAAS has 30M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2022 | $867,000 |
| Q3 2022 | $1.4M |
| Q3 2020 | $1M |
| Q2 2020 | — |
CAAS hasn't bought back shares in the past year.
CAAS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 1.0x | Very low |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2025 | 0.0x | Very low |
| Q4 2024 | 0.3x | Very low |
| Q3 2024 | -1.5x | Net Cash |
CAAS has more cash than debt.
CAAS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.7 | Neutral |
| Stochastic | 6.1 | Oversold |
CAAS's weekly RSI is 43 (neutral) and its Stochastic is 6 (oversold).
CAAS PE vs Consumer Cyclical Sector
| Metric | CAAS | Sector median | Relative |
|---|---|---|---|
| PE | 2.2x | 18x | 88% below |
| PE % | 0 | 47 | 47 pts below |
CAAS is trading at 2.2x earnings, a 88% discount to the Consumer Cyclical sector's median of 18x.
CAAS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.44 | 3.8% below |
| 20 week MA | $4.61 | 7.4% below |
| 50 week MA | $4.49 | 4.9% below |
| 100 week MA | $4.35 | 1.8% below |
| 200 week MA | $4.34 | 1.6% below |
CAAS is in a downtrend: it's below all five of its weekly moving averages, and 1.6% below its 200-week average.
CAAS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.20 | $6.80 | +113% |
| 2021 | $6.80 | $2.77 | -59% |
| 2022 | $2.77 | $6.36 | +130% |
| 2023 | $6.36 | $3.23 | -49% |
| 2024 | $3.23 | $4.04 | +25% |
| 2025 | $4.04 | $4.19 | +3.7% |
| 2026 YTD | $4.19 | $4.27 | +1.9% |
CAAS's yearly returns have swung widely, from +130% in 2022 to −59% in 2021. It's up 1.9% so far in 2026.