China Automotive Systems Inc
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China, the United States, and internationally. The company produces rack and pinion power steering gears for cars and light-duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; … Read more
China Automotive Systems Inc (CAAS) - Net Assets
Latest net assets as of September 2025: $425.83 Million USD
Based on the latest financial reports, China Automotive Systems Inc (CAAS) has net assets worth $425.83 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($939.14 Million) and total liabilities ($513.31 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $425.83 Million |
| % of Total Assets | 45.34% |
| Annual Growth Rate | N/A |
| 5-Year Change | 21.84% |
| 10-Year Change | 26.85% |
| Growth Volatility | 11.67 |
China Automotive Systems Inc - Net Assets Trend (2001–2024)
This chart illustrates how China Automotive Systems Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Automotive Systems Inc (2001–2024)
The table below shows the annual net assets of China Automotive Systems Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $389.79 Million | +5.80% |
| 2023-12-31 | $368.42 Million | +12.52% |
| 2022-12-31 | $327.42 Million | -2.97% |
| 2021-12-31 | $337.44 Million | +5.48% |
| 2020-12-31 | $319.92 Million | +3.41% |
| 2019-12-31 | $309.37 Million | +1.49% |
| 2018-12-31 | $304.83 Million | -0.43% |
| 2017-12-31 | $306.13 Million | +0.08% |
| 2016-12-31 | $305.89 Million | -0.46% |
| 2015-12-31 | $307.30 Million | +3.06% |
| 2014-12-31 | $298.17 Million | +9.71% |
| 2013-12-31 | $271.77 Million | +16.94% |
| 2012-12-31 | $232.40 Million | +7.51% |
| 2011-12-31 | $216.16 Million | +45.82% |
| 2010-12-31 | $148.24 Million | +11.59% |
| 2009-12-31 | $132.85 Million | +27.06% |
| 2008-12-31 | $104.55 Million | +15.65% |
| 2007-12-31 | $90.40 Million | +18.18% |
| 2006-12-31 | $76.49 Million | +30.36% |
| 2005-12-31 | $58.68 Million | +18.04% |
| 2004-12-31 | $49.71 Million | +11.20% |
| 2003-12-31 | $44.70 Million | +704.80% |
| 2001-12-31 | $-7.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Automotive Systems Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 29027597200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $290.27 Million | 83.04% |
| Common Stock | $3.00K | 0.00% |
| Other Comprehensive Income | $-2.60 Million | -0.74% |
| Other Components | $61.89 Million | 17.71% |
| Total Equity | $349.57 Million | 100.00% |
China Automotive Systems Inc Competitors by Market Cap
The table below lists competitors of China Automotive Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lake Resources NL
OTCQB:LLKKF
|
$45.62 Million |
|
Cube Entertainment Inc
KQ:182360
|
$45.63 Million |
|
Prime Electronics & Satellitics Inc
TW:6152
|
$45.63 Million |
|
GR Silver Mining Ltd
OTCQB:GRSLF
|
$45.64 Million |
|
TECHPOINT INC. JDR/1
F:R46
|
$45.58 Million |
|
Meka Beton Santralleri Imalat Sanayi ve Ticaret A.S.
IS:MEKAG
|
$45.57 Million |
|
5E Advanced Materials Inc
NASDAQ:FEAM
|
$45.56 Million |
|
Crescendo Corporation Bhd
KLSE:6718
|
$45.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Automotive Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 344,464,000 to 349,569,000, a change of 5,105,000 (1.5%).
- Net income of 29,979,000 contributed positively to equity growth.
- Dividend payments of 22,433,000 reduced retained earnings.
- Share repurchases of 68,000 reduced equity.
- Other comprehensive income decreased equity by 6,193,000.
- Other factors increased equity by 3,820,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $29.98 Million | +8.58% |
| Dividends Paid | $22.43 Million | -6.42% |
| Share Repurchases | $68.00K | -0.02% |
| Other Comprehensive Income | $-6.19 Million | -1.77% |
| Other Changes | $3.82 Million | +1.09% |
| Total Change | $- | 1.48% |
Book Value vs Market Value Analysis
This analysis compares China Automotive Systems Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.37x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 11976.28x to 0.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.00 | $4.29 | x |
| 2001-12-31 | $0.00 | $4.29 | x |
| 2002-12-31 | $-0.05 | $4.29 | x |
| 2003-12-31 | $1.18 | $4.29 | x |
| 2004-12-31 | $1.42 | $4.29 | x |
| 2005-12-31 | $1.63 | $4.29 | x |
| 2006-12-31 | $2.30 | $4.29 | x |
| 2007-12-31 | $2.81 | $4.29 | x |
| 2008-12-31 | $2.74 | $4.29 | x |
| 2009-12-31 | $3.92 | $4.29 | x |
| 2010-12-31 | $3.56 | $4.29 | x |
| 2011-12-31 | $5.49 | $4.29 | x |
| 2012-12-31 | $6.86 | $4.29 | x |
| 2013-12-31 | $8.08 | $4.29 | x |
| 2014-12-31 | $9.95 | $4.29 | x |
| 2015-12-31 | $9.31 | $4.29 | x |
| 2016-12-31 | $9.40 | $4.29 | x |
| 2017-12-31 | $9.46 | $4.29 | x |
| 2018-12-31 | $9.03 | $4.29 | x |
| 2019-12-31 | $9.19 | $4.29 | x |
| 2020-12-31 | $9.76 | $4.29 | x |
| 2021-12-31 | $10.40 | $4.29 | x |
| 2022-12-31 | $10.17 | $4.29 | x |
| 2023-12-31 | $11.41 | $4.29 | x |
| 2024-12-31 | $11.58 | $4.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Automotive Systems Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.61%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.43x
- Recent ROE (8.58%) is below the historical average (9.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -44.84% | 0.00% | 0.00x | 1.00x | $-3.63K |
| 2001 | 24.79% | 16.19% | 1.53x | 1.00x | $1.30K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.81 Million |
| 2003 | 14.88% | 7.00% | 0.58x | 3.68x | $1.27 Million |
| 2004 | 21.37% | 11.80% | 0.55x | 3.28x | $3.65 Million |
| 2005 | 8.98% | 5.22% | 0.53x | 3.24x | $-377.23K |
| 2006 | 9.01% | 5.02% | 0.63x | 2.85x | $-526.33K |
| 2007 | 13.18% | 6.63% | 0.73x | 2.72x | $2.14 Million |
| 2008 | 15.29% | 7.62% | 0.71x | 2.84x | $4.30 Million |
| 2009 | 22.16% | 9.16% | 0.82x | 2.96x | $12.85 Million |
| 2010 | 46.08% | 14.96% | 0.85x | 3.61x | $40.51 Million |
| 2011 | 23.56% | 11.72% | 0.75x | 2.69x | $23.48 Million |
| 2012 | 10.72% | 6.17% | 0.69x | 2.51x | $1.39 Million |
| 2013 | 11.82% | 6.45% | 0.73x | 2.49x | $4.12 Million |
| 2014 | 11.60% | 7.19% | 0.74x | 2.18x | $4.62 Million |
| 2015 | 9.16% | 6.17% | 0.73x | 2.03x | $-2.52 Million |
| 2016 | 7.49% | 4.87% | 0.73x | 2.10x | $-7.54 Million |
| 2017 | -6.46% | -3.88% | 0.70x | 2.40x | $-49.29 Million |
| 2018 | 0.83% | 0.48% | 0.72x | 2.42x | $-26.21 Million |
| 2019 | 3.44% | 2.31% | 0.65x | 2.28x | $-18.96 Million |
| 2020 | -1.64% | -1.19% | 0.59x | 2.33x | $-35.30 Million |
| 2021 | 3.44% | 2.22% | 0.69x | 2.23x | $-21.05 Million |
| 2022 | 6.80% | 4.00% | 0.74x | 2.29x | $-9.98 Million |
| 2023 | 10.93% | 6.53% | 0.75x | 2.23x | $3.21 Million |
| 2024 | 8.58% | 4.61% | 0.77x | 2.43x | $-4.98 Million |
Industry Comparison
This section compares China Automotive Systems Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Automotive Systems Inc (CAAS) | $425.83 Million | -44.84% | 1.21x | $45.61 Million |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |