China Automotive Systems Inc

NASDAQ CAAS

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China Automotive Systems Inc Price to Book Ratio (P/B) on June 03, 2024: 0.34

China Automotive Systems Inc Price to Book Ratio (P/B) is 0.34 on June 03, 2024, a -23.78% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • China Automotive Systems Inc 52-week high Price to Book Ratio (P/B) is 0.53 on August 07, 2023, which is 53.88% above the current Price to Book Ratio (P/B).
  • China Automotive Systems Inc 52-week low Price to Book Ratio (P/B) is 0.28 on January 09, 2024, which is -18.20% below the current Price to Book Ratio (P/B).
  • China Automotive Systems Inc average Price to Book Ratio (P/B) for the last 52 weeks is 0.35.
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 16, 2024

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