China Automotive Systems

CAAS

市值 US$1.36億

WUHAN, China, Oct. 9, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its wholly owned subsidiary, Hubei Henglong Automotive System Group ("Henglong"), has achieved fully redundant AP04 EPS platform evaluations conducted by UL, a third-party agency designated by an international client, and received the ISO 26262 ASIL-D functional safety product certificate for the AP04 EPS platform. The AP04 EPS platform is a next-generation electronic steering control platform developed by Henglong to meet the demands for high-safety steering and L3/L4-level autonomous driving.

China Automotive Systems is upgraded to BUY after strong 1H26 results and a compelling valuation at 1.2x EV/EBITDA versus peers at 5.6x. EPS segment drives margin expansion and profit growth, now 46.8% of sales, with robust demand from both domestic and overseas automakers. Management raised 2026 revenue guidance to $850 million, supported by new European contracts and a Mexico plant adding 1 million units of capacity.

WUHAN, China, Aug. 17, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced it has added another national-level "Green Factory", marking a new milestone in its green manufacturing system development. The Ministry of Industry and Information Technology (MIIT) announced that Jingzhou Henglong Automotive Parts Manufacturing Co., Ltd.

China Automotive Systems, Inc. (CAAS) Q2 2026 Earnings Call Transcript

China Automotive Systems NASDAQ: CAAS reported record first-half sales, gross profit and operating income for 2026, driven by growth in electric power steering products and gains across most of its operating units. Management also raised its full-year revenue guidance to $850 million from $810 million.

WUHAN, China, Aug. 13, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first six months ended June 30, 2026. First Six Months of 2026 Highlights Net sales grew by 20.1% year-over-year to a record $412.5 million, compared to $343.3 million in the first six months of 2025.

WUHAN, China, Aug. 5, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first half of 2026 ended June 30, 2026, on Thursday, August 13, 2026, before the market opens. Management will conduct a conference call on August 13th at 8:00 A.M.

WUHAN, China, May 18, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that the first batch of electric power steering ("EPS") models for a global automaker's European division has been shipped from the CAAS' factory. This EPS steering model will be featured in two new vehicle models in Europe, with more vehicle projects to follow.

The latest report from CAAS brings to the forefront the fact that the company continues to do much better than its sluggish stock performance would suggest. The near-term outlook has become more convoluted due to the war in the Middle East, but the eventual impact may not be so bad and may even be beneficial. Growth in the top and the bottom line combined with a stagnant stock price has pushed valuations down to the point CAAS is arguably worth the risk.

China Automotive Systems, Inc. (CAAS) Q4 2025 Earnings Call Transcript