China Automotive Systems, Inc.

China Automotive Systems, Inc.verified

CAAS

Price:

$3.51

Market Cap:

$105.95M

China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. It 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. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research...[Read more]

Industry

Auto - Parts

IPO Date

2003-03-24

Stock Exchange

NASDAQ

Ticker

CAAS

The Current Ratio as of September 2024 (TTM) for China Automotive Systems, Inc. (CAAS) is 1.57

According to China Automotive Systems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.57. This represents a change of 4.88% compared to the average of 1.50 of the last 4 quarters.

China Automotive Systems, Inc. (CAAS) Historical Current Ratio (quarterly & annually)

How has CAAS Current Ratio performed in the past?

The mean historical Current Ratio of China Automotive Systems, Inc. over the last ten years is 1.47. The current 1.57 Current Ratio has changed 10.57% with respect to the historical average. Over the past ten years (40 quarters), CAAS's Current Ratio was at its highest in in the September 2015 quarter at 1.66. The Current Ratio was at its lowest in in the December 2020 quarter at 1.34.

Quarterly (TTM)
Annual

Average

1.47

Median

1.45

Minimum

1.34

Maximum

1.61

China Automotive Systems, Inc. (CAAS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of China Automotive Systems, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 6.21%

Maximum Annual Current Ratio = 1.61

Minimum Annual Increase = -7.61%

Minimum Annual Current Ratio = 1.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.472.81%
20221.430.33%
20211.436.21%
20201.34-7.61%
20191.450.05%
20181.451.79%
20171.43-4.65%
20161.50-6.30%
20151.60-0.88%
20141.61-0.35%

China Automotive Systems, Inc. (CAAS) Average Current Ratio

How has CAAS Current Ratio performed in the past?

The current Current Ratio of China Automotive Systems, Inc. (CAAS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.44

5-year avg

1.42

10-year avg

1.47

China Automotive Systems, Inc. (CAAS) Current Ratio vs. Peers

How is CAAS’s Current Ratio compared to its peers?

China Automotive Systems, Inc.’s Current Ratio is less than Dorman Products, Inc. (2.40), greater than Monro, Inc. (0.59), less than Standard Motor Products, Inc. (2.46), less than Stoneridge, Inc. (2.27), greater than Cooper-Standard Holdings Inc. (1.35), greater than ECARX Holdings Inc. (0.65), less than Fox Factory Holding Corp. (3.13), greater than Motorcar Parts of America, Inc. (1.38), greater than Dana Incorporated (1.48), less than Gentex Corporation (3.56), less than American Axle & Manufacturing Holdings, Inc. (0), less than Douglas Dynamics, Inc. (1.68), less than null (2.03),

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