Company Analysis

China Automotive Systems, Inc. (CAAS)

Nasdaq: CAAS · Motor Vehicle Parts & Accessories · filing with the SEC since 2025
Grade6.7
◀ Past 7.6● Present 5.8▶ Future 6.8
2 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023
Report filedApr 22, 2026··
Revenue765,736650,935576,354
Cost of revenue620,273541,751472,603
Gross profit145,463109,184103,751
Research and development45,06127,64929,181
Selling, general and administrative29,66027,72825,503
Total operating expenses95,41373,23270,294
Operating income53,63140,25539,245
Interest expense1,7021,8131,021
Interest and investment income1,5952,3631,524
Share of profit of equity-method investments2,088-340-360
Other income (expense), net7,1095,7765,345
Income before income taxes61,40044,13148,235
Income tax expense11,5765,8925,137
Net income including non-controlling interests51,91237,89942,738
Net income to non-controlling interests9,0747,8975,050
Net income42,83829,97937,658
Earnings per share, basic1.420.991.25
Earnings per share, diluted1.420.991.25
Weighted average shares, basic30,170,70230,184,51330,185,702
Weighted average shares, diluted30,170,70230,184,51330,189,421
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton CAAS · research, not advice