Company Information

  

Address: NO. 1, HENGLONG ROAD
YU QIAO DEVELOPMENT ZONE,JINGZHOU CICITY 
City: HUBEI PROVINCE 
State:  
Zip Code: XXXXX 
Telephone: 0716-8324631 

Description of Business

Primary SIC Code: 3714
(As filed with the SEC)  

China Automotive Systems, Inc., "China Automotive" or the "Company," was incorporated in the State of Delaware on June 29, 1999. Through its subsidiary, Great Genesis Holdings Limited, "Genesis," a corporation organized under the laws of the Hong Kong Special Administrative Region, China, it owns interests in eight Sino-joint ventures and five wholly-owned subsidiaries in the People's Republic of China, "China" or the "PRC," which manufacture power steering systems and/or related products for different segments of the automobile industry. Genesis also owns interests in a Brazil-based trading company, which engages mainly in the import and sales of automotive parts in Brazil. Henglong USA Corporation, "HLUSA," which was incorporated on January 8, 2007 in Troy, Michigan, is a wholly-owned subsidiary of the Company, and mainly engages in marketing of automotive parts in North America, and provides after sales service and research and development support accordingly.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-0.65NAN/E
12/2017-0.61NAN/E
06/20170.81NA5.98
03/20170.70NA7.13
12/20160.70NA7.66
09/20160.73NA5.68
06/20160.78NA4.14
03/20160.77NA6.03

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.31Total Liab/Total Assets0.58
Net Inc/Total Assets-0.03Total Liab/Inv Cap1.22
Net Inc/Inv Cap-0.06Total Liab/Comm Equity6.80
Pretax Inc/Net Sales0.04Interest Coverage Ratio12.62
Net Inc/Net Sales-0.04Curr Debt/EquityNA
Cash Flow/Net Sales0.10LTD/Equity0.00
SG&A/NetSales0.06Total Debt/Equity0.00
Asset Utilization   Liquidity  
Net Receivables Turnover1.55Quick Ratio1.21
Inventory Turnover5.63Current Ratio1.43
Inventory Day Sales0.01Net Rec/Curr Assets0.62
Net Sales/Work Cap3.14Inv/Curr Assets0.15
Net Sales/PP&E3.96  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 134.02 NA NA 117.66
Cost of Goods Sold 112.38 127.27 95.88 93.60
Selling & Admin Exps 8.74 10.53 8.37 5.28
Operating Income 4.59 -3.95 4.92 11.07
Interest Exp 0.42 0.56 0.32 0.64
Pretax Income 4.04 -3.56 5.73 11.13
Other Income -0.14 0.95 1.13 0.70
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 4.31 -39.04 5.06 8.92

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 91.77 94.15 79.21 63.71
Receivables - Total 318.01 327.71 338.66 353.13
Inventories - Total 87.37 79.22 73.03 65.47
Total Current Assets 529.85 532.60 521.97 516.78
Net Property, Plant & Equipment 132.90 126.03 115.30 108.65
Total Assets 725.72 717.37 694.72 674.08
Liabilities        
Accounts Payable 299.82 299.62 280.32 278.11
Debt in Current Liabilities 0.00 0.00 0.00 0.00
Total Current Liabilities 364.40 373.46 354.79 346.19
Long-Term Debt 0.32 0.31 0.00 0.00
Total Liabilities 409.23 417.92 361.29 352.30
Stockholder's Equity        
Minority Interest 6.92 6.68 6.15 5.76
Preferred Stock NA NA NA NA
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings 213.77 209.46 248.53 243.47
Treasury Stock -2.91 -2.91 -2.91 -2.91
Total Stockholders' Equity 316.49 299.45 333.43 321.78
Total Liabilities and Stockholders' Equity 725.72 717.37 694.72 674.08

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -7.43 7.13 23.82 16.84
Net Cash Provided by Investing Activities 30.61 3.14 -10.99 -9.65
Net Cash Provided by Financing Activities -11.37 -1.90 5.40 -2.55

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013415.1626.790.95
12/2014466.7733.541.15
12/2015443.5327.390.85
12/2016462.0522.510.70
12/2017499.06-19.35-0.61
Growth Rates4.71----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18251,3534.28




Report Date : 7/16/2018

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