China Automotive Systems (CAAS)
Market Price (12/29/2025): $4.18 | Market Cap: $126.1 MilSector: Consumer Discretionary | Industry: Automotive Parts & Equipment
China Automotive Systems (CAAS)
Market Price (12/29/2025): $4.18Market Cap: $126.1 MilSector: Consumer DiscretionaryIndustry: Automotive Parts & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 37%, Dividend Yield is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 33% | Weak multi-year price returns3Y Excs Rtn is -101% | Key risksCAAS key risks include [1] U.S.-China trade tensions threatening its significant North American sales, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -46% | ||
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 17% | ||
| Low stock price volatilityVol 12M is 39% | ||
| Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving. Themes include Autonomous Driving Technology. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 37%, Dividend Yield is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 33% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -46% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 17% |
| Low stock price volatilityVol 12M is 39% |
| Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving. Themes include Autonomous Driving Technology. |
| Weak multi-year price returns3Y Excs Rtn is -101% |
| Key risksCAAS key risks include [1] U.S.-China trade tensions threatening its significant North American sales, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. China Automotive Systems reported third-quarter 2025 earnings per share of $0.32, which significantly exceeded expectations and represented a 77.8% increase compared to the same period in the prior year.
2. The company's revenue for the third quarter of 2025 climbed 17.7% year-over-year, reaching $193.2 million from $164.2 million.
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Stock Movement Drivers
Fundamental Drivers
The -14.5% change in CAAS stock from 9/28/2025 to 12/28/2025 was primarily driven by a -25.1% change in the company's P/E Multiple.| 9282025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 4.90 | 4.19 | -14.49% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 696.27 | 725.26 | 4.16% |
| Net Income Margin (%) | 4.21% | 4.62% | 9.63% |
| P/E Multiple | 5.04 | 3.78 | -25.12% |
| Shares Outstanding (Mil) | 30.17 | 30.17 | 0.00% |
| Cumulative Contribution | -14.49% |
Market Drivers
9/28/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| CAAS | -14.5% | |
| Market (SPY) | 4.3% | 10.5% |
| Sector (XLY) | 1.8% | 14.9% |
Fundamental Drivers
The 1.9% change in CAAS stock from 6/29/2025 to 12/28/2025 was primarily driven by a 8.7% change in the company's Net Income Margin (%).| 6292025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 4.11 | 4.19 | 1.95% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 678.63 | 725.26 | 6.87% |
| Net Income Margin (%) | 4.25% | 4.62% | 8.65% |
| P/E Multiple | 4.30 | 3.78 | -12.21% |
| Shares Outstanding (Mil) | 30.17 | 30.17 | 0.00% |
| Cumulative Contribution | 1.95% |
Market Drivers
6/29/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| CAAS | 1.9% | |
| Market (SPY) | 12.6% | 7.0% |
| Sector (XLY) | 11.9% | 5.8% |
Fundamental Drivers
The 3.7% change in CAAS stock from 12/28/2024 to 12/28/2025 was primarily driven by a 16.7% change in the company's Total Revenues ($ Mil).| 12282024 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 4.04 | 4.19 | 3.71% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 621.38 | 725.26 | 16.72% |
| Net Income Margin (%) | 5.12% | 4.62% | -9.78% |
| P/E Multiple | 3.84 | 3.78 | -1.56% |
| Shares Outstanding (Mil) | 30.19 | 30.17 | 0.05% |
| Cumulative Contribution | 3.71% |
Market Drivers
12/28/2024 to 12/28/2025| Return | Correlation | |
|---|---|---|
| CAAS | 3.7% | |
| Market (SPY) | 17.0% | 29.9% |
| Sector (XLY) | 7.0% | 27.2% |
Fundamental Drivers
The -13.2% change in CAAS stock from 12/29/2022 to 12/28/2025 was primarily driven by a -44.3% change in the company's P/E Multiple.| 12292022 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 4.83 | 4.19 | -13.19% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 539.58 | 725.26 | 34.41% |
| Net Income Margin (%) | 4.04% | 4.62% | 14.27% |
| P/E Multiple | 6.78 | 3.78 | -44.34% |
| Shares Outstanding (Mil) | 30.64 | 30.17 | 1.52% |
| Cumulative Contribution | -13.21% |
Market Drivers
12/29/2023 to 12/28/2025| Return | Correlation | |
|---|---|---|
| CAAS | 55.3% | |
| Market (SPY) | 48.4% | 19.7% |
| Sector (XLY) | 38.6% | 17.3% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CAAS Return | 98% | -57% | 116% | -44% | 52% | 4% | 62% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| CAAS Win Rate | 42% | 25% | 58% | 33% | 42% | 42% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| CAAS Max Drawdown | -51% | -59% | -14% | -46% | -5% | -14% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | CAAS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -69.1% | -25.4% |
| % Gain to Breakeven | 223.5% | 34.1% |
| Time to Breakeven | 269 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -52.5% | -33.9% |
| % Gain to Breakeven | 110.4% | 51.3% |
| Time to Breakeven | 178 days | 148 days |
| 2018 Correction | ||
| % Loss | -70.5% | -19.8% |
| % Gain to Breakeven | 239.1% | 24.7% |
| Time to Breakeven | 448 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -83.6% | -56.8% |
| % Gain to Breakeven | 509.4% | 131.3% |
| Time to Breakeven | 349 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
China Automotive Systems's stock fell -69.1% during the 2022 Inflation Shock from a high on 2/16/2021. A -69.1% loss requires a 223.5% gain to breakeven.
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AI Analysis | Feedback
- The Bosch for automotive steering systems in China.
- A Chinese ZF, but solely focused on automotive steering components.
AI Analysis | Feedback
Here are the major products of China Automotive Systems (CAAS):
- Power Steering Systems: These systems assist drivers in steering vehicles, encompassing both traditional hydraulic and advanced electric power steering technologies.
- Rack and Pinion Steering Gears: These are core mechanical assemblies that translate the steering wheel's rotation into the lateral movement required to turn the vehicle's wheels.
- Steering Columns: This component connects the steering wheel to the steering gear, allowing the driver's input to be transmitted to the steering mechanism.
- Power Steering Pumps: Primarily used in hydraulic power steering systems, these pumps generate the necessary fluid pressure to assist steering effort.
- Sensor Clusters: These integrated electronic units provide various data inputs essential for modern vehicle systems, including sophisticated steering and control functions.
AI Analysis | Feedback
China Automotive Systems (CAAS) primarily operates on a Business-to-Business (B2B) model, selling its power steering systems and other automotive components directly to original equipment manufacturers (OEMs) in the automotive industry. It does not sell primarily to individuals.
Based on their financial reports and industry information, CAAS serves a wide range of major automotive manufacturers, both in China and internationally. Key customers include:
- Dongfeng Motor Group Company Limited (Symbol: 0489.HK)
- FAW Group (A large state-owned enterprise, not directly publicly traded)
- Beijing Automotive Group (BAIC Group) (A large state-owned enterprise, not directly publicly traded; however, its subsidiary BAIC Motor Corp. Ltd. is public under 1958.HK)
- BYD Company Limited (Symbol: 1211.HK, 002594.SZ)
- Great Wall Motor Company Limited (Symbol: 2333.HK, 601633.SS)
- Geely Automobile Holdings Limited (Symbol: 0175.HK)
- Chery Automobile Co., Ltd. (Private company)
- Ford Motor Company (Symbol: F)
- Stellantis N.V. (Symbol: STLA)
AI Analysis | Feedback
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AI Analysis | Feedback
Qizhou Wu, President, Chief Executive Officer and Director
Mr. Wu was appointed CEO in September 2007 and has a tenure of over 18 years with the company. He directly owns 5.1% of the company's shares.
Jie Li, Chief Financial Officer and Principal Accounting Officer
Mr. Li has served as the Chief Financial Officer since September 2007, and prior to that, he was the corporate secretary from December 2004. Before joining China Automotive Systems in September 2003, Mr. Li held positions as assistant president of Jingzhou Jiulong Industrial Inc. from 1999 to 2003 and general manager of Jingzhou Tianxin Investment Management Co. Ltd. from 2002 to 2003. He holds a Bachelor's degree from the University of Science and Technology of China and completed graduate studies in economics and business management at the Hubei Administration Institute. Mr. Li recently divested 35% of his shares in the company.
Hanlin Chen, Chairman and Executive Officer
Mr. Chen serves as the Chairman of the Board.
Andy Tse, Senior Vice President
Mr. Tse has served as a Senior Vice President of the Company since March 2003. He also served as chairman of the board of Shenyang and was the vice General Manager of Jiulong from 1993 to 1997 and the vice General Manager of Henglong. Mr. Tse possesses over 10 years of experience in automotive parts sales and strategic development and holds an MBA from China People University.
Dr. Haimian Cai, PhD, Vice President
AI Analysis | Feedback
China Automotive Systems (CAAS) faces two primary risks to its business operations:- Geopolitical Tensions and Trade Disputes: The ongoing trade relationship deterioration between the U.S. and China has led to tariffs on auto parts, which could disrupt or delay approximately one-third of CAAS's sales that originate from outside China, with 16.6% of its fiscal year 2024 revenue coming from the U.S.. While the company has shown an ability to compensate for potential losses in one market with growth elsewhere, the uncertainty surrounding these trade relations remains a significant concern.
- Supply Chain Disruptions: The automotive industry, and consequently CAAS, is vulnerable to disruptions in the supply chain. This includes potential shortages of automotive chips due to disputes between countries like the Netherlands and China. Additionally, China's decision to tighten export controls on rare earth elements poses a risk, as these materials are crucial for various auto parts and components, including the electric power steering systems that are a strong performing segment for CAAS.
AI Analysis | Feedback
The rapid acceleration and adoption of steer-by-wire (SbW) technology in advanced electric vehicles and autonomous driving platforms. This technology fundamentally redesigns the steering system by removing the mechanical link between the steering wheel and the wheels, offering benefits in safety, packaging, and integration with advanced driver-assistance systems (ADAS) and autonomous driving functions. While CAAS is developing advanced electric power steering (EPS) and "intelligent steering systems," a widespread industry transition to full steer-by-wire systems, particularly by leading global OEMs and larger Tier 1 suppliers, could render CAAS's existing expertise and product portfolio in traditional hydraulic and even current-generation EPS less competitive or obsolete for future high-growth vehicle segments. This shift requires significant R&D investment and a complete re-architecture of steering systems, potentially challenging CAAS's ability to keep pace with larger, more diversified competitors already heavily invested in SbW development.AI Analysis | Feedback
The addressable markets for China Automotive Systems (CAAS) main products and services are significant, particularly within the power steering and broader automotive components sectors, with a strong focus on the Chinese market.
CAAS specializes in manufacturing and supplying a comprehensive range of power steering systems, including rack and pinion, integral, electronic, and manual steering, along with related components such as steering columns, steering oil pumps, and steering hoses. The company also provides aftermarket services for its steering systems.
- Global Electric Power Steering (EPS) Market: This market was valued at USD 29.62 billion in 2024 and is projected to reach USD 45.30 billion by 2033, demonstrating a Compound Annual Growth Rate (CAGR) of 4.59% from 2025 to 2033. The Asia-Pacific region holds a dominant position, accounting for over 50.5% of the market share in 2024.
- China Electric Power Steering (EPS) Market: The market size for China's automotive electric power steering is estimated at USD 15.23 billion in 2024. It is expected to grow to USD 17.91 billion in 2025 and reach USD 36.00 billion by 2030, with a CAGR of 14.98% during the forecast period of 2025-2030.
- Global Active Power Steering Market: This market was estimated at USD 10.55 billion in 2023 and is anticipated to grow at a CAGR of 13.5% from 2024 to 2030.
- China Active Power Steering Market: This market generated a revenue of USD 1,259.3 million in 2024 and is projected to reach USD 2,923.8 million by 2030, with an expected CAGR of 15.3% from 2025 to 2030.
- China Automotive Components Market (Broader Market): The overall automotive components market in China is projected to grow from USD 111.7 billion in 2024 to USD 212.4 billion by 2035, with a CAGR of 6.02% from 2025 to 2035. Another source indicates projected revenues of $669 billion (Â¥4.78 trillion) by 2025 for China's automotive components industry.
- China Automotive Aftermarket: This market is expected to reach a projected revenue of US$ 85,538.3 million by 2030, with a CAGR of 5.5% from 2025 to 2030.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for China Automotive Systems (CAAS) over the next 2-3 years:1. Growth in Electric Power Steering (EPS) Products: China Automotive Systems is experiencing a significant shift in its product mix towards Electric Power Steering (EPS) systems. EPS product sales have shown substantial year-over-year increases, such as a 43.5% surge in Q3 2024 and a 54% rise in Q1 2025, and now represent a growing portion of total net sales, reaching 41.4% in Q2 2025. The company is strategically expanding this product line, which is crucial as the automotive industry transitions to electrification.
2. Expansion into Advanced Driver Assist Systems (ADAS) and Intelligent Steering Technologies: CAAS is focusing on enhancing its advanced driver assist systems and intelligent steering technologies, notably through its Sentient AB operations in Europe. A key development is the mass production of its second-generation intelligent electrohydraulic circulating ball (IRCB) power steering system for heavy-duty vehicles, which supports L2+ assisted driving and has set new industry records for customer orders. The company allocates approximately 80% of its research and development expenses towards electric vehicle (EV) steering product development, positioning it to capitalize on the shift towards autonomous driving.
3. Increased Sales to Chinese Domestic Automakers and Market Share Gains: The domestic Chinese market remains a cornerstone of CAAS's business, with the majority of its revenue derived from this region. The company benefits from the growth of the Chinese automobile industry, with passenger vehicle sales increasing by 12.9% year-over-year in Q1 2025. CAAS's sales to Chinese customers, including major players like Chery Auto and BYD (the largest EV producer in China), have seen significant rebounds and increased demand.
4. International Market Expansion: CAAS is actively expanding its global footprint. The company has reported increasing sales in various international markets, including a rise in North American sales by 14.9% and a substantial increase in Brazilian sales by 49.4% in Q2 2025, with the Americas collectively accounting for approximately 27.5% of total sales. This diversification of its customer base beyond China is a strategic initiative to drive future revenue growth.
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Share Repurchases
- China Automotive Systems authorized a share repurchase program of up to $5 million in November 2024, set to expire by November 15, 2025, with a price cap of $5.50 per share.
- In April 2022, the company approved a share repurchase program of up to $5 million, valid for 12 months with a price cap of $4.00 per share.
- Under various programs, the company repurchased 452,559 shares for $1.0 million in 2019 and 322,269 shares in 2022.
Share Issuance
- In September 2025, China Automotive Systems completed a redomiciliation merger, converting each outstanding common stock share into one ordinary share of a new Cayman Islands-incorporated entity on a one-for-one basis.
Outbound Investments
- In March 2022, China Automotive Systems acquired 40% of Sentient AB's share capital for approximately $24.5 million; Sentient AB specializes in steering and vehicle control software and hardware.
- CAAS subsidiary Hubei Henglong signed a strategic cooperation Memorandum of Understanding with KYB-UMW in Malaysia in November 2025 to localize production and transfer steering technology for Electric Power Steering (EPS) and mechanical steering gears.
Capital Expenditures
- Capital expenditures for the first half of 2025 amounted to $18.5 million.
- The trailing twelve months ending June 2025 saw capital expenditures of approximately $52.66 million.
- These investments are primarily focused on developing and enhancing advanced steering technologies, particularly Electric Power Steering (EPS) systems, to maintain market leadership and grow sales to global vehicle manufacturers.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can China Automotive Systems Stock Really Go? | Return |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to CAAS. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 13.7% | 13.7% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 6.0% | 6.0% | -0.1% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.8% | 3.8% | -4.4% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 19.7% | 19.7% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.3% | 2.3% | -1.6% |
Research & Analysis
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Peer Comparisons for China Automotive Systems
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 51.32 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 11,854 |
| FCF 3Y Avg | 11,753 |
| CFO LTM | 13,483 |
| CFO 3Y Avg | 13,498 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 12.2% |
| Op Mgn 3Y Avg | 11.9% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 20.6% |
| CFO/Rev 3Y Avg | 21.4% |
| FCF/Rev LTM | 18.1% |
| FCF/Rev 3Y Avg | 18.6% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Henglong | 272 | 247 | 203 | 158 | 164 |
| Hubei Henglong KYB Automobile Electric Steering System Co., Ltd. (Henglong KYB) | 148 | 121 | 81 | 53 | 71 |
| Hubei Henglong | 116 | 127 | 128 | 116 | 122 |
| Other Entities | 112 | 93 | 71 | 61 | 65 |
| Jiulong | 70 | 70 | 95 | 100 | 88 |
| Brazil Henglong | 48 | 39 | 26 | ||
| Wuhu | 38 | 42 | 27 | 14 | 20 |
| Eliminations | -227 | -209 | -148 | -98 | -119 |
| Corporate | 0 | ||||
| Shenyang | 17 | 14 | 20 | ||
| Total | 576 | 530 | 498 | 418 | 431 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Hubei Henglong KYB Automobile Electric Steering System Co., Ltd. (Henglong KYB) | 10 | 5 | 0 | -7 | -5 |
| Brazil Henglong | 6 | 3 | 1 | ||
| Jiulong | 4 | 0 | 1 | 1 | 1 |
| Henglong | 3 | 1 | -1 | -1 | 3 |
| Hubei Henglong | 2 | 10 | 11 | 10 | 9 |
| Other Entities | 1 | 5 | -1 | -2 | 4 |
| Wuhu | -2 | -0 | -0 | -1 | -1 |
| Corporate | -1 | -2 | -3 | -2 | |
| Eliminations | -1 | -0 | -1 | -0 | |
| Shenyang | 1 | -7 | 1 | ||
| Total | 26 | 22 | 11 | -10 | 8 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Hubei Henglong | 401 | 392 | 432 | 415 | 349 |
| Henglong | 276 | 249 | 242 | 266 | 278 |
| Other Entities | 144 | 123 | 100 | 92 | 80 |
| Hubei Henglong KYB Automobile Electric Steering System Co., Ltd. (Henglong KYB) | 125 | 107 | 78 | 64 | 60 |
| Jiulong | 56 | 62 | 75 | 90 | 83 |
| Corporate | 52 | 59 | 70 | 72 | 75 |
| Wuhu | 40 | 39 | 26 | 20 | 22 |
| Brazil Henglong | 27 | 20 | 16 | ||
| Eliminations | -355 | -337 | -346 | -338 | -322 |
| Shenyang | 24 | 26 | 34 | ||
| Total | 766 | 714 | 717 | 708 | 660 |
Price Behavior
| Market Price | $4.19 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 10/07/2003 | |
| Distance from 52W High | -20.3% | |
| 50 Days | 200 Days | |
| DMA Price | $4.24 | $4.23 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -1.1% | -1.0% |
| 3M | 1YR | |
| Volatility | 31.3% | 39.3% |
| Downside Capture | 47.40 | 35.40 |
| Upside Capture | -37.41 | 33.33 |
| Correlation (SPY) | 9.1% | 29.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.61 | 0.27 | 0.18 | 0.19 | 0.60 | 0.75 |
| Up Beta | -0.47 | -0.26 | -0.19 | -0.04 | 0.64 | 0.60 |
| Down Beta | 1.19 | 0.68 | 0.76 | 0.41 | 0.90 | 0.86 |
| Up Capture | 42% | -32% | -1% | 11% | 19% | 32% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 7 | 17 | 26 | 54 | 109 | 331 |
| Down Capture | 102% | 70% | 5% | 22% | 52% | 99% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 11 | 23 | 34 | 65 | 128 | 395 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of CAAS With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| CAAS | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 1.5% | 7.5% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 39.3% | 24.3% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.12 | 0.24 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 26.9% | 29.4% | 4.7% | 12.5% | 26.3% | 11.3% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of CAAS With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| CAAS | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -5.9% | 9.6% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 58.7% | 23.8% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.13 | 0.36 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 16.8% | 17.6% | 1.6% | 9.4% | 12.8% | 8.5% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of CAAS With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| CAAS | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 0.0% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 83.0% | 21.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.28 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 9.9% | 10.0% | -3.0% | 6.5% | 6.2% | 6.3% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11122025 | 6-K 9/30/2025 |
| 6302025 | 8132025 | 10-Q 6/30/2025 |
| 3312025 | 5142025 | 10-Q 3/31/2025 |
| 12312024 | 3282025 | 10-K 12/31/2024 |
| 9302024 | 11132024 | 10-Q 9/30/2024 |
| 6302024 | 8132024 | 10-Q 6/30/2024 |
| 3312024 | 5142024 | 10-Q 3/31/2024 |
| 12312023 | 3282024 | 10-K 12/31/2023 |
| 9302023 | 11132023 | 10-Q 9/30/2023 |
| 6302023 | 8112023 | 10-Q 6/30/2023 |
| 3312023 | 5122023 | 10-Q 3/31/2023 |
| 12312022 | 3302023 | 10-K 12/31/2022 |
| 9302022 | 11142022 | 10-Q 9/30/2022 |
| 6302022 | 8122022 | 10-Q 6/30/2022 |
| 3312022 | 5232022 | 10-Q 3/31/2022 |
| 12312021 | 3302022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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