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China Automotive Systems Inc (CAAS.OQ)

CAAS.OQ on NASDAQ Stock Exchange Capital Market

4.32USD
26 Apr 2018
Change (% chg)

$0.04 (+0.93%)
Prev Close
$4.28
Open
$4.31
Day's High
$4.32
Day's Low
$4.31
Volume
233
Avg. Vol
9,721
52-wk High
$5.90
52-wk Low
$4.04

Latest Key Developments (Source: Significant Developments)

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

China Automotive Systems reports receipt of revised proposal
Friday, 1 Sep 2017 

Aug 31 (Reuters) - China Automotive Systems Inc ::China Automotive Systems Inc. announces receipt of revised proposal.China Automotive Systems - ‍special committee is currently evaluating revised proposal with assistance of its financial and legal advisors​.China Automotive Systems - ‍revised non-binding proposal is for US$5.45 per share of common stock in cash​.  Full Article

China Automotive Systems says special committee is evaluating revised proposal​
Friday, 1 Sep 2017 

Aug 31 (Reuters) - China Automotive Systems Inc :Says ‍Hanlin Chen submitted revised non-binding proposal letter to co ​.Says ‍received revised proposal letter from ‍hanlin Chen​ and Chariot Company to acquire all outstanding shares of co's common stock for $5.45 per share in cash​ ‍​.Says ‍co's special committee is currently evaluating revised proposal​.  Full Article

China Automotive Systems reports Q2 earnings per share $0.28
Thursday, 10 Aug 2017 

Aug 10 (Reuters) - China Automotive Systems Inc :China Automotive Systems reports 2017 second quarter unaudited financial results.Q2 earnings per share $0.28.Q2 sales rose 16.5 percent to $117.7 million.Sees FY 2017 revenue $490 million.  Full Article

China Automotive Systems special committee engages financial advisor and legal counsel
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - China Automotive Systems Inc :China Automotive Systems special committee engages financial advisor and legal counsel.Special committee of board retained Houlihan Lokey Capital as its financial advisor.Special committee in connection with its review of preliminary proposal board received from Hanlin Chen, chairman of board.  Full Article

China Automotive Systems posts Q1 earnings per share $0.18
Thursday, 11 May 2017 

May 11 (Reuters) - China Automotive Systems Inc :China Automotive Systems reports 2017 first quarter results.Q1 sales rose 2.1 percent to $119.3 million.Q1 earnings per share $0.18.Sees FY 2017 revenue $485 million.  Full Article

China Automotive Systems reports Q4 earnings per share $0.18
Thursday, 30 Mar 2017 

China Automotive Systems Inc : China Automotive Systems reports fourth quarter and fiscal 2016 results . Q4 earnings per share $0.18 . Q4 sales rose 24.6 percent to $149.6 million . Sees FY 2017 revenue $485 million .China Automotive Systems Inc - "We expect our gross margin to recover in 2017".  Full Article

China Automotive Systems Q2 earnings per share $0.17
Thursday, 11 Aug 2016 

China Automotive Systems Inc : Q2 earnings per share $0.17 . Sees FY 2016 revenue $430 million . China Automotive Systems reports 2016 second quarter financial results . Q2 sales $101 million versus $109.2 million .Management revised revenue guidance for full year 2016 to U.S. $430 million due to depreciation of RMB.  Full Article

China Automotive Systems posts Q1 earnings of $0.18/share
Thursday, 12 May 2016 

China Automotive Systems Inc : China Automotive Systems reports 2016 first quarter results . Q1 earnings per share $0.18 . Q1 sales $116.9 million versus $123.4 million . Sees fy 2016 revenue $450 million . Q1 gross margin was 18.0%, compared with 17.6% in q1 of 2015 .Reiterated its revenue guidance for full year 2016 of us$450 million.  Full Article

BRIEF-China Automotive Systems Q4 Loss Per Share $1.23

* CHINA AUTOMOTIVE SYSTEMS REPORTS FOURTH QUARTER AND FISCAL 2017 RESULTS