China Automotive Systems Inc

NASDAQ CAAS

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China Automotive Systems Inc Market Capitalization on June 03, 2024: USD 123.16 M

China Automotive Systems Inc Market Capitalization is USD 123.16 M on June 03, 2024, a -15.35% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • China Automotive Systems Inc 52-week high Market Capitalization is USD 167.83 M on August 07, 2023, which is 36.27% above the current Market Capitalization.
  • China Automotive Systems Inc 52-week low Market Capitalization is USD 92.37 M on January 09, 2024, which is -25.00% below the current Market Capitalization.
  • China Automotive Systems Inc average Market Capitalization for the last 52 weeks is USD 116.33 M.
NASDAQ: CAAS

China Automotive Systems Inc

CEO Mr. Hanlin Chen
IPO Date Oct. 7, 2003
Location China
Headquarters No. 1 Henglong Road, Jingzhou, China, 434000
Employees 4,102
Sector Consumer Cyclical
Industry Auto parts
Description

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. It 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; automobile steering systems and columns; and automobile electronics and systems and parts. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research and development support services; and inspection and testing of automotive products, as well as markets automotive parts in North America. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. is headquartered in Jingzhou, the People's Republic of China.

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