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CAAS · Nasdaq · United States · Motor Vehicle Parts & Accessories
In shortChina Automotive Systems, Inc. is profitable, generates cash and holds more cash than debt, with revenue growing (+17.6% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 7.0% | 40/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 5.6% | 42/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 11.4% | 57/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.9% | 59/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.36× | 47/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.22× | 99/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 31.51× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 9.7% | 59/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.74× | 100/100 |
| Years with positive free cash flow (last 5) | 2 of 3 | 58/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 3 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 2 | 100/100 |
| Revenue growth volatility | 3.3% | 99/100 |
| Operating margin volatility | 0.4% | 100/100 |
Weight in the score: 20%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 3 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 576 | 651 | 766 |
| Cost of revenue | 473 | 542 | 620 |
| Gross profit | 104 | 109 | 145 |
| Research & development | 29 | 28 | 45 |
| Selling, general & admin | 26 | 28 | 30 |
| Operating income | 39 | 40 | 54 |
| Interest expense | 1 | 1.8 | 1.7 |
| Pre-tax income | 48 | 44 | 61 |
| Income tax | 5.1 | 5.9 | 12 |
| Net income | 38 | 30 | 43 |
| Diluted EPS | $1.25 | $0.99 | $1.42 |
| Diluted shares (millions) | 30 | 30 | 30 |
Not computed: a required balance-sheet item is missing.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Apr 22, 2026