China Automotive Systems, Inc.CAAS
What China Automotive Systems, Inc. does.
The Company is a holding company and has no significant business operations or assets other than its interest in Genesis and HLUSA. Genesis mainly engages in the manufacture and sale of automotive systems and components through its controlled subsidiaries and the joint ventures, as described below.
1. On March 7, 2007, Genesis established Hubei Henglong, formerly known as Jingzhou Hengsheng Automotive System Co., Ltd., its wholly-owned subsidiary, to engage in the production and sales of automotive steering systems. On July 8, 2012, Hubei Henglong changed its name to Hubei Henglong Automotive System Group Co., Ltd.
3. Henglong was established in 1997 and mainly engages in the production of rack and pinion power steering gears for cars and light-duty vehicles.
Revenue and profit, by fiscal year.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | — | $576.4M | $650.9M | $765.7M |
| Net income | — | $37.7M | $30.0M | $42.8M |
| Free cash flow | — | $1.7M | -$33.9M | $74.4M |
More on CAAS.
- China Automotive Systems, Inc. summary
- China Automotive Systems, Inc. financial statements
- China Automotive Systems, Inc. key metrics
- China Automotive Systems, Inc. health scores and style box
- China Automotive Systems, Inc. earnings
- China Automotive Systems, Inc. dividends
- China Automotive Systems, Inc. valuation
- China Automotive Systems, Inc. ownership and insiders
- China Automotive Systems, Inc. peers
Figures from China Automotive Systems, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.