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China Automotive Systems Inc (CAAS.OQ)

CAAS.OQ on NASDAQ Stock Exchange Capital Market

1.88USD
18 Oct 2019
Change (% chg)

$-0.03 (-1.57%)
Prev Close
$1.91
Open
$1.89
Day's High
$1.89
Day's Low
$1.88
Volume
401
Avg. Vol
3,250
52-wk High
$5.00
52-wk Low
$1.70

Latest Key Developments (Source: Significant Developments)

China Automotive Systems Reports Q2 Earnings Per Share $0.08
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - China Automotive Systems Inc ::CHINA AUTOMOTIVE SYSTEMS REPORTS 2019 SECOND QUARTER UNAUDITED FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.08.Q2 SALES FELL 15.9 PERCENT TO $105.7 MILLION.SEES FY 2019 REVENUE $430 MILLION.CHINA AUTOMOTIVE SYSTEMS - SALES IN Q2 REFLECTED SLOWING ECONOMY IN CHINA, SOFTER CONSUMER SPENDING.  Full Article

China Automotive Systems Q1 Earnings Per Share $0.05
Thursday, 9 May 2019 

China Automotive Systems Inc ::CHINA AUTOMOTIVE SYSTEMS REPORTS 2019 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.05.SEES FY 2019 REVENUE $510 MILLION.Q1 SALES FELL 18.5 PERCENT TO $109.2 MILLION.SALES CONTINUE TO REFLECT CHALLENGES IN DOMESTIC CHINESE MARKET.MANAGEMENT REITERATES ITS REVENUE GUIDANCE FOR FULL YEAR 2019 OF US$510 MILLION.  Full Article

China Automotive Systems Reports Q4 Loss Per Share $0.10
Thursday, 28 Mar 2019 

March 28 (Reuters) - China Automotive Systems Inc ::CHINA AUTOMOTIVE SYSTEMS REPORTS FOURTH QUARTER AND FISCAL 2018 RESULTS.Q4 LOSS PER SHARE $0.10.Q4 SALES $124.3 MILLION VERSUS $143.7 MILLION.SEES FY 2019 REVENUE $510 MILLION.MANAGEMENT HAS PROVIDED REVENUE GUIDANCE FOR FULL YEAR 2019 OF $510 MILLION.  Full Article

China Automotive Systems Forms Joint Venture To Produce Electric Motors
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - China Automotive Systems Inc ::CHINA AUTOMOTIVE SYSTEMS FORMS JOINT VENTURE TO PRODUCE ELECTRIC MOTORS.CHINA AUTOMOTIVE SYSTEMS - JV, HYOSEONG (WUHAN) MOTION MECHATRONICS SYSTEM CO. LTD. ("HMMS"), IS 51% OWNED BY CAAS AND 49% BY HYOSEONG ELECTRIC.CHINA AUTOMOTIVE SYSTEMS INC - TOTAL INVESTMENT IN HMMS WILL BE RMB 550 MILLION WITH RMB 198 MILLION FOR FIRST PHASE OF PRODUCTION FACILITY.CHINA AUTOMOTIVE SYSTEMS INC - ENTERED INTO A JOINT VENTURE AGREEMENT WITH HYOSEONG ELECTRIC CO. LTD..CHINA AUTOMOTIVE SYSTEMS - NEW PRODUCTION FACILITY BEING PLANNED NEAR CAAS'S HEADQUARTERS IN WUHAN WITH EXPECTED ANNUAL CAPACITY OF 4.5 MILLION UNITS.  Full Article

China Automotive Systems Announces Share Repurchase
Friday, 7 Dec 2018 

China Automotive Systems Inc ::CHINA AUTOMOTIVE SYSTEMS ANNOUNCES SHARE REPURCHASE.CHINA AUTOMOTIVE SYSTEMS INC - BOARD OF DIRECTORS APPROVED A SHARE REPURCHASE PROGRAM OF UP TO $5 MILLION OF ITS OUTSTANDING COMMON SHARES.CHINA AUTOMOTIVE SYSTEMS INC - REPURCHASES WILL BE MADE IN OPEN MARKET TRANSACTIONS, AT PREVAILING MARKET PRICES NOT TO EXCEED $4.00 PER SHARE.CHINA AUTOMOTIVE SYSTEMS INC - MEMBERS OF MANAGEMENT TEAM MAY MAKE ADDITIONAL SHARE PURCHASES IN ADDITION TO COMPANY REPURCHASE..CHINA AUTOMOTIVE SYSTEMS INC - MEMBERS OF MANAGEMENT TEAM MAY MAKE ADDITIONAL SHARE PURCHASES IN ADDITION TO COMPANY REPURCHASE.  Full Article

China Automotive Systems Sees FY 2018 Revenue of $510 Mln
Friday, 9 Nov 2018 

Nov 9 (Reuters) - China Automotive Systems Inc ::CHINA AUTOMOTIVE SYSTEMS REPORTS UNAUDITED 2018 THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.01.Q3 SALES $112.1 MILLION VERSUS $118.4 MILLION.SEES FY 2018 REVENUE $510 MILLION.REDUCED ITS REVENUE GUIDANCE FOR FULL YEAR 2018 TO US$510 MILLION FROM US$520.0 MILLION.  Full Article

China Automotive Systems reports Q3 earnings per share $0.16
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - China Automotive Systems Inc :China Automotive Systems reports 25.2% net sales growth in the 2017 third quarter.Q3 earnings per share $0.16.Sees FY 2017 revenue $495 million.Q3 sales rose 25.2 percent to $118.4 million.China Automotive Systems Inc - ‍Raised its revenue guidance for full year 2017 to $495 million​.  Full Article