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
06/20170.81NA5.98
03/20170.70NA7.13
12/20160.70NA7.66
09/20160.73NA5.68
06/20160.78NA4.14
03/20160.77NA6.03
12/20150.85NA5.39
09/20150.92NA5.82

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.36Total Liab/Total Assets0.52
Net Inc/Total Assets0.04Total Liab/Inv Cap1.08
Net Inc/Inv Cap0.07Total Liab/Comm Equity5.35
Pretax Inc/Net Sales0.05Interest Coverage Ratio38.96
Net Inc/Net Sales0.05Curr Debt/EquityNA
Cash Flow/Net Sales0.03LTD/Equity0.00
SG&A/NetSales0.07Total Debt/Equity0.00
Asset Utilization   Liquidity  
Net Receivables Turnover1.51Quick Ratio1.29
Inventory Turnover5.70Current Ratio1.50
Inventory Day Sales0.02Net Rec/Curr Assets0.67
Net Sales/Work Cap2.87Inv/Curr Assets0.14
Net Sales/PP&E4.55  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 117.66 119.31 NA NA
Cost of Goods Sold 93.60 97.68 127.78 74.64
Selling & Admin Exps 5.28 7.63 7.93 7.56
Operating Income 11.07 7.23 4.98 5.70
Interest Exp 0.64 0.23 0.13 0.20
Pretax Income 11.13 7.08 5.13 6.72
Other Income 0.70 0.08 0.84 1.22
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 8.92 5.71 5.76 5.68

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 63.71 59.51 61.57 78.40
Receivables - Total 353.13 352.87 325.49 297.78
Inventories - Total 65.47 69.05 68.05 74.48
Total Current Assets 516.78 515.02 485.90 471.74
Net Property, Plant & Equipment 108.65 104.05 101.48 94.06
Total Assets 674.08 660.69 631.70 612.87
Liabilities        
Accounts Payable 278.11 276.90 283.34 258.82
Debt in Current Liabilities 0.00 0.00 0.00 0.00
Total Current Liabilities 346.19 346.89 324.86 299.50
Long-Term Debt 0.00 0.00 0.61 0.67
Total Liabilities 352.30 352.92 331.22 306.20
Stockholder's Equity        
Minority Interest 5.76 5.69 5.41 5.50
Preferred Stock NA NA NA NA
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings 243.47 234.68 228.96 223.24
Treasury Stock -2.91 -2.91 -2.91 -1.99
Total Stockholders' Equity 321.78 307.77 300.48 306.68
Total Liabilities and Stockholders' Equity 674.08 660.69 631.70 612.87

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 16.84 2.36 -1.26 19.46
Net Cash Provided by Investing Activities -9.65 -29.81 -6.23 -15.62
Net Cash Provided by Financing Activities -2.55 27.51 0.87 -2.40

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012336.0020.740.61
12/2013415.1626.790.95
12/2014466.7733.541.15
12/2015443.5327.390.85
12/2016462.0522.510.70
Growth Rates8.292.073.50

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17271,5694.96




Report Date : 10/16/2017

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