China Automotive Systems: Revenue And Profitability Growth Not Converting To Cash Flows [Seeking Alpha]
China Automotive Systems, Inc. (CAAS)
Last china automotive systems, inc. earnings: 11/12 06:00 am
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US:NASDAQ Investor Relations:
caasauto.com
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Source: Seeking Alpha
Play 9min Summary Consistent revenue growth since 2021, but a 700% YoY drop in Q2 free cash flow raises concerns about operational inefficiencies. Net income fell in Q2, mainly due to a $4.7 million loss from unhedged currency risk. Despite high insider ownership, minimal insider buying and a rising put/call ratio show caution. I maintain a Hold rating until cash flows improve and insider buying increases. Monty Rakusen/DigitalVision via Getty Images China Automotive Systems, Inc. ( NASDAQ: CAAS ) has seen its share price recover in 2024, following the sharp decline last year. Despite the steady revenue growth since 2021, the company hasn't been able to turn this improvement This article was written by Deep Value Investing Follower s Follow Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an en
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CAAS
News
- China Automotive Systems Announces Share Repurchase Program Up To $5 Million [Yahoo! Finance]Yahoo! Finance
- China Automotive Systems Announces Share Repurchase Program Up To $5 MillionPR Newswire
- China Automotive Systems Third Quarter 2024 Earnings: EPS: US$0.18 (vs US$0.31 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- China Automotive Systems Reports Sales Increased by 19.4% in the Third Quarter of 2024PR Newswire
- China Automotive Systems to Announce Unaudited 2024 Third Quarter Financial Results on November 13, 2024PR Newswire
CAAS
Sec Filings
- 11/13/24 - Form 8-K
- 11/13/24 - Form 10-Q
- 9/25/24 - Form 8-K
- CAAS's page on the SEC website