China Net Income from 2010 to 2024

CAAS Stock  USD 3.37  0.12  3.69%   
China Automotive Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2024. From the period from 2010 to 2024, China Automotive Net Income quarterly data regression had mean square error of 349.4 T and mean deviation of  15,289,773. View All Fundamentals
 
Net Income  
First Reported
2001-09-30
Previous Quarter
10.5 M
Current Value
9.5 M
Quarterly Volatility
6.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check China Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China main balance sheet or income statement drivers, such as Interest Expense of 1.9 M, Other Operating Expenses of 629.8 M or Operating Income of 19.8 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.69, Price Earnings Ratio of 9.17 or Price To Sales Ratio of 0.37. China financial statements analysis is a perfect complement when working with China Automotive Valuation or Volatility modules.
  
This module can also supplement China Automotive's financial leverage analysis and stock options assessment as well as various China Automotive Technical models . Check out the analysis of China Automotive Correlation against competitors.

Latest China Automotive's Net Income Growth Pattern

Below is the plot of the Net Income of China Automotive Systems over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in China Automotive Systems financial statement analysis. It represents the amount of money remaining after all of China Automotive Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is China Automotive's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in China Automotive's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 31.12 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

China Net Income Regression Statistics

Arithmetic Mean15,784,388
Coefficient Of Variation114.78
Mean Deviation15,289,773
Median21,181,000
Standard Deviation18,116,718
Sample Variance328.2T
Range60.1M
R-Value(0.11)
Mean Square Error349.4T
R-Squared0.01
Significance0.70
Slope(433,545)
Total Sum of Squares4595T

China Net Income History

202432.7 M
202331.1 M
202221.2 M
20214.4 M
2020-14.4 M
2019M
20182.4 M

Other Fundumenentals of China Automotive Systems

About China Automotive Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include China Automotive income statement, its balance sheet, and the statement of cash flows. China Automotive investors use historical funamental indicators, such as China Automotive's Net Income, to determine how well the company is positioned to perform in the future. Although China Automotive investors may use each financial statement separately, they are all related. The changes in China Automotive's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on China Automotive's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on China Automotive Financial Statements. Understanding these patterns can help to make the right decision on long term investment in China Automotive. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Net Income31.1 M16.7 M
Net Income Applicable To Common Shares19.1 M11.9 M
Net Income From Continuing Ops34.8 M36.6 M
Net Income Per E B T 1.06  0.58 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China Automotive in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China Automotive's short interest history, or implied volatility extrapolated from China Automotive options trading.

Pair Trading with China Automotive

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Automotive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Automotive will appreciate offsetting losses from the drop in the long position's value.

Moving against China Stock

  0.44PTAIY Astra International TbkPairCorr
The ability to find closely correlated positions to China Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Automotive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Automotive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Automotive Systems to buy it.
The correlation of China Automotive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Automotive Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Automotive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether China Automotive Systems is a strong investment it is important to analyze China Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Automotive's future performance. For an informed investment choice regarding China Stock, refer to the following important reports:
Check out the analysis of China Automotive Correlation against competitors.
Note that the China Automotive Systems information on this page should be used as a complementary analysis to other China Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running China Automotive's price analysis, check to measure China Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Automotive is operating at the current time. Most of China Automotive's value examination focuses on studying past and present price action to predict the probability of China Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Automotive's price. Additionally, you may evaluate how the addition of China Automotive to your portfolios can decrease your overall portfolio volatility.
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Is China Automotive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Automotive. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.292
Earnings Share
1.03
Revenue Per Share
18.082
Quarterly Revenue Growth
0.002
Return On Assets
0.0209
The market value of China Automotive Systems is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Automotive's value that differs from its market value or its book value, called intrinsic value, which is China Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Automotive's market value can be influenced by many factors that don't directly affect China Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.