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.

The grade of China Automotive Systems, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.7/10
◀ Past7.630% of the headline
● Present5.840% of the headline
▶ Future6.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

7.6/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.9/10

Has it survived what it has been through?

No warning events in its filings since 2025.

weight 33% of this tense · 79th percentile among 36 sector filers · read for itself

From the record

China Automotive Systems, Inc.'s filings since 2025 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.7/10

What has it actually done, year after year?

+15.3% a year over 3 filed years; profitable in 3 of 3.

weight 45% of this tense · 87th percentile among 34 sector filers · read for its customers

From the record

China Automotive Systems, Inc.'s 3 filed years say what it did: revenue went from $576 million in fiscal 2023 to $766 million in fiscal 2025, up 15.3% a year; it rose in 2 of 2 years; it never fell from a peak; net income was positive in 3 of 3 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span15.3%top 19% of its family
  • the share of years revenue rosetop 6% of its family
  • the share of filed years with a profittop 22% of its family
  • the deepest fall from a revenue peak0.0%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.8/10

How has it treated the people who own it?

Share count steady. 17% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 48th percentile among 27 sector filers · read for its shareholders

From the record

Over the 2 fiscal years to 2025-12-31, China Automotive Systems, Inc.'s diluted share count held steady, and dividends and buybacks returned about 17% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 47% of its family
  • cash returned against operating cash flowbottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.8/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.3/10

Is it financially healthy right now?

ROE 11%: 11¢ of profit per shareholder dollar. Leverage 60%: owes 60¢ per asset dollar.

weight 45% of this tense · 54th percentile among 35 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, China Automotive Systems, Inc. earned about 11 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 15 cents per dollar of everything the company owns. Leverage: it owed about 60 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 41% of its family
  • return on equitytop 27% of its family
  • gross profit against assetsbottom 36% of its family
  • the share count against the year beforebottom 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.8/10

How strong is its position in its industry?

top 33% of 35 in its family; net margin 5.6%.

weight 33% of this tense · 67th percentile among 35 sector filers · read for its customers

From the record

China Automotive Systems, Inc.'s standing among 35 graded names in its industry family: revenue of $766 million in fiscal 2025 ranks in the bottom 34% by size; a net margin of 5.6% ranks in the top 21%; revenue growth of 15.3% a year over the last 2 filed years ranks in the top 10% (its annual reports).

What it rests on

  • revenue against the family$766Mbottom 34% of its family
  • net margin5.6%top 21% of its family
  • three-year revenue growth15.3%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.5/10

What are the people in charge doing?

SI estimate 5.5/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 29 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 29 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 29 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: China Automotive Systems, Inc.'s leadership is put at 5.5 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 29 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

6.8/1030% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed
6.5/10

How much room does it have to grow?

top 35% of 35 in its family for room to expand.

weight 45% of this tense · 65th percentile among 35 sector filers · read for itself

From the record

China Automotive Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $194 million against debt of $87 million leaves 10.7% of its assets as net cash, top 20% of its family; cash from operations less capital spending is 9.7% of revenue (top 19%); a gross margin of 19% (bottom 44%); research spending of 5.9% of revenue (top 45%) (its annual report).

What it rests on

  • cash less debt against assets10.7%top 20% of its family
  • cash from operations less capital spending against revenue9.7%top 19% of its family
  • gross margin19.0%bottom 44% of its family
  • research spending against revenue5.9%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
8.3/10

What could actually drive growth from here?

top 17% of 34 in its family for growth drivers.

weight 33% of this tense · 83rd percentile among 34 sector filers · read for its customers

From the record

China Automotive Systems, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 15.3% a year over the last three filed years against 15.3% over all 3, speeding up (top 38% of its family); the newest year grew 17.6% (top 19%); research spending grew 24.2% a year (top 8%); capital spending grew 42.8% a year (top 2%) (its annual reports). China Automotive Systems, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 38% of its family
  • the newest year's revenue growth17.6%top 19% of its family
  • three-year growth of research spending24.2%top 8% of its family
  • three-year growth of capital spending42.8%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

SI estimate
5.2/10

Did its newest year beat what its own record pointed to?

SI estimate 5.2/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 33 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 33 members with one.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
family median, 33 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: China Automotive Systems, Inc.'s expectations vs reality is put at 5.2 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 33 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CAAS · research, not advice