China Automotive Systems Inc

NASDAQ CAAS

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China Automotive Systems Inc Market Value Added (MVA) on June 03, 2024: USD -235.26 M

China Automotive Systems Inc Market Value Added (MVA) is USD -235.26 M on June 03, 2024, a -32.72% change year over year. Market value added is a financial metric that represents the difference between a company's market capitalization and its shareholders' equity. It is calculated by subtracting the shareholders' equity from the market capitalization. Market value added reflects the market's assessment of the company's value above and beyond the book value of its equity. A positive market value added indicates that the market values the company higher than its shareholders' equity, suggesting potential investor confidence and value creation.
  • China Automotive Systems Inc 52-week high Market Value Added (MVA) is USD -149.58 M on August 07, 2023, which is 36.42% above the current Market Value Added (MVA).
  • China Automotive Systems Inc 52-week low Market Value Added (MVA) is USD -254.28 M on May 14, 2024, which is -8.08% below the current Market Value Added (MVA).
  • China Automotive Systems Inc average Market Value Added (MVA) for the last 52 weeks is USD -213.57 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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StockViz Staff

September 19, 2024

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