China Automotive Systems, Inc. (CAAS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CAAS SEC filings page.
China Automotive Systems, Inc. (CAAS) reported $765.7M in revenue for fiscal year 2025, up 17.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of China Automotive Systems, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
China Automotive Systems, Inc. has an operating margin of 7.0%, meaning the company retains $7 of operating profit per $100 of revenue. This strong profitability earns a score of 70/100, reflecting efficient cost management and pricing power. This is up from 6.2% the prior year.
China Automotive Systems, Inc.'s revenue surged 17.6% year-over-year to $765.7M, reflecting rapid business expansion. This strong growth earns a score of 76/100.
China Automotive Systems, Inc. has a moderate D/E ratio of 1.37. This balance of debt and equity financing earns a leverage score of 40/100.
China Automotive Systems, Inc.'s current ratio of 1.36 indicates adequate short-term liquidity, earning a score of 36/100. The company can meet its near-term obligations, though with limited headroom.
China Automotive Systems, Inc. has a free cash flow margin of 9.7%, earning a moderate score of 38/100. The company generates positive cash flow after capital investments, but with room for improvement.
China Automotive Systems, Inc. earns a strong 10.7% return on equity (ROE), meaning it generates $11 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 79/100. This is up from 8.6% the prior year.
China Automotive Systems, Inc. passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, China Automotive Systems, Inc. generates $2.61 in operating cash flow ($111.6M OCF vs $42.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
China Automotive Systems, Inc. earns $31.51 in operating income for every $1 of interest expense ($53.6M vs $1.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
China Automotive Systems, Inc. held $142.0M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
CAAS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
CAAS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F |
|---|---|---|
| Total Assets | $1.0B+17.8% | $850.6M |
| Current Assets | $738.2M+22.5% | $602.6M |
| Cash & Equivalents | $142.0M+149.3% | $57.0M |
| Short-Term Investments | $35.9M+30.4% | $27.6M |
| Inventory | $124.4M+10.5% | $112.6M |
| Long-Term Investments | $65.5M+1.8% | $64.3M |
| Total Liabilities | $551.0M+19.6% | $460.8M |
| Current Liabilities | $541.4M+18.6% | $456.5M |
| Non-Current Liabilities | $9.6M+121.8% | $4.3M |
| Total Equity | $401.3M+14.8% | $349.6M |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill, Long-Term Debt, Retained Earnings.
CAAS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
CAAS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| China Automotive Systems, Inc. CAAS | FY2025 | $765.7M | $42.8M | 5.6% | $131.5M | 57/100 |
| Stoneridge, Inc SRI | FY2025 | $861.3M | -$102.8M | -11.9% | $186.0M | 33/100 |
| Commercial Vehicle Group, Inc. CVGI | FY2025 | $649.0M | -$20.5M | -3.2% | $116.6M | 32/100 |
| Strattec Security Corp STRT | FY2026 | $579.4M | $20.6M | 3.6% | $258.7M | 57/100 |
| Hyliion Holdings Corp. HYLN | FY2025 | $3.5M | -$57.2M | N/A | $687.6M | 81/100 |
Where China Automotive Systems, Inc. Ranks
Frequently Asked Questions
What is China Automotive Systems, Inc.'s annual revenue?
China Automotive Systems, Inc. (CAAS) reported $765.7M in total revenue for fiscal year 2025. This represents a 17.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is China Automotive Systems, Inc.'s revenue growing?
China Automotive Systems, Inc. (CAAS) revenue grew by 17.6% year-over-year, from $650.9M to $765.7M in fiscal year 2025.
Is China Automotive Systems, Inc. profitable?
Yes, China Automotive Systems, Inc. (CAAS) reported a net income of $42.8M in fiscal year 2025, with a net profit margin of 5.6%.
What is China Automotive Systems, Inc.'s EBITDA?
China Automotive Systems, Inc. (CAAS) had EBITDA of $67.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is China Automotive Systems, Inc.'s gross margin?
China Automotive Systems, Inc. (CAAS) had a gross margin of 19.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is China Automotive Systems, Inc.'s operating margin?
China Automotive Systems, Inc. (CAAS) had an operating margin of 7.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is China Automotive Systems, Inc.'s net profit margin?
China Automotive Systems, Inc. (CAAS) had a net profit margin of 5.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is China Automotive Systems, Inc.'s return on equity (ROE)?
China Automotive Systems, Inc. (CAAS) has a return on equity of 10.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is China Automotive Systems, Inc.'s free cash flow?
China Automotive Systems, Inc. (CAAS) generated $74.4M in free cash flow during fiscal year 2025. This represents a 319.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is China Automotive Systems, Inc.'s operating cash flow?
China Automotive Systems, Inc. (CAAS) generated $111.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are China Automotive Systems, Inc.'s total assets?
China Automotive Systems, Inc. (CAAS) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are China Automotive Systems, Inc.'s capital expenditures?
China Automotive Systems, Inc. (CAAS) invested $37.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does China Automotive Systems, Inc. spend on research and development?
China Automotive Systems, Inc. (CAAS) invested $45.1M in research and development during fiscal year 2025.
What is China Automotive Systems, Inc.'s current ratio?
China Automotive Systems, Inc. (CAAS) had a current ratio of 1.36 as of fiscal year 2025, which is considered adequate.
What is China Automotive Systems, Inc.'s debt-to-equity ratio?
China Automotive Systems, Inc. (CAAS) had a debt-to-equity ratio of 1.37 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is China Automotive Systems, Inc.'s return on assets (ROA)?
China Automotive Systems, Inc. (CAAS) had a return on assets of 4.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is China Automotive Systems, Inc.'s P/E ratio?
China Automotive Systems, Inc. (CAAS) trades at 3.1x earnings, its market capitalization divided by net income of $42.8M net income, FY2025. The market capitalization is $131.5M as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is China Automotive Systems, Inc.'s price-to-sales ratio?
China Automotive Systems, Inc. (CAAS) trades at 0.2x sales, its market capitalization divided by revenue of $765.7M revenue, FY2025. The market capitalization is $131.5M as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is China Automotive Systems, Inc.'s Piotroski F-Score?
China Automotive Systems, Inc. (CAAS) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are China Automotive Systems, Inc.'s earnings high quality?
China Automotive Systems, Inc. (CAAS) has an earnings quality ratio of 2.61x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can China Automotive Systems, Inc. cover its interest payments?
China Automotive Systems, Inc. (CAAS) has an interest coverage ratio of 31.51x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is China Automotive Systems, Inc.?
China Automotive Systems, Inc. (CAAS) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.