China Automotive Systems Stock Buy Hold or Sell Recommendation
| CAAS Stock | USD 3.54 0.06 1.72% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding China Automotive Systems is 'Hold'. Macroaxis provides China Automotive buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CAAS positions. The advice algorithm takes into account all of China Automotive's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting China Automotive's buy or sell advice are summarized below:
Real Value 4.53 | Target Price 7.5 | Hype Value 3.54 | Market Value 3.54 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell China Automotive Systems given historical horizon and risk tolerance towards China Automotive. When Macroaxis issues a 'buy' or 'sell' recommendation for China Automotive Systems, the advice is generated through an automated system that utilizes algorithms and statistical models.
China |
Execute China Automotive Buy or Sell Advice
The China recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on China Automotive Systems. Macroaxis does not own or have any residual interests in China Automotive Systems or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute China Automotive's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
China Automotive Trading Alerts and Improvement Suggestions
| China Automotive had very high historical volatility over the last 90 days | |
| About 65.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: China Automotive Systems Share Price Passes Above Two Hundred Day Moving Average of 3.41 - MarketBeat |
China Automotive Returns Distribution Density
The distribution of China Automotive's historical returns is an attempt to chart the uncertainty of China Automotive's future price movements. The chart of the probability distribution of China Automotive daily returns describes the distribution of returns around its average expected value. We use China Automotive Systems price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of China Automotive returns is essential to provide solid investment advice for China Automotive.
| Mean Return | 0.23 | Value At Risk | -4.07 | Potential Upside | 6.10 | Standard Deviation | 3.19 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of China Automotive historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
China Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as China Automotive is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading China Automotive Systems backward and forwards among themselves. China Automotive's institutional investor refers to the entity that pools money to purchase China Automotive's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Winton Capital Group Ltd | 2023-12-31 | 24 K | Geode Capital Management, Llc | 2023-12-31 | 21.4 K | Two Sigma Advisers, Llc | 2023-12-31 | 21.1 K | Two Sigma Investments Llc | 2023-12-31 | 18.5 K | Hanson Investment Management | 2023-12-31 | 16.7 K | Tower Research Capital Llc | 2023-12-31 | 7.2 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 7 K | Royal Bank Of Canada | 2023-12-31 | 4 K | Group One Trading, Lp | 2023-12-31 | 3 K | Renaissance Technologies Corp | 2023-12-31 | 456.1 K | Bridgeway Capital Management, Llc | 2023-12-31 | 257.7 K |
China Automotive Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (9.6M) | 21.7M | 31.4M | (548K) | (3.8M) | (3.6M) | |
| Free Cash Flow | (5.6M) | 40.9M | 18.4M | 27.5M | (1.8M) | (1.7M) | |
| Capital Expenditures | 35.9M | 16.6M | 9.9M | 20.5M | 21.7M | 19.6M | |
| Net Income | 8.4M | (10.3M) | 10.7M | 22.3M | 37.7M | 39.5M | |
| End Period Cash Flow | 106.4M | 128.1M | 159.5M | 159.0M | 155.2M | 163.0M | |
| Other Non Cash Items | (2.5M) | 287K | (4.5M) | 4.7M | 28.2M | 29.6M | |
| Change To Inventory | 4.0M | (109K) | (25.7M) | (5.4M) | (1.7M) | (1.7M) | |
| Depreciation | 17.8M | 22.1M | 27.1M | 25.2M | 18.7M | 14.7M | |
| Change To Netincome | (2.5M) | (524K) | (673K) | 7.2M | 8.2M | 8.6M | |
| Change Receivables | 30.9M | 27.5M | 21.0M | 7.3M | 8.4M | 8.8M | |
| Net Borrowings | (12.6M) | (17.4M) | (2.0M) | 851K | 765.9K | 727.6K | |
| Investments | 13.1M | (23.8M) | 3.0M | (32.7M) | (15.7M) | (14.9M) |
China Automotive Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to China Automotive or Automobile Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that China Automotive's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a China stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.15 | |
β | Beta against NYSE Composite | 1.52 | |
σ | Overall volatility | 3.08 | |
Ir | Information ratio | 0.05 |
China Automotive Volatility Alert
China Automotive Systems currently demonstrates below-average downside deviation. It has Information Ratio of 0.05 and Jensen Alpha of 0.15. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure China Automotive's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact China Automotive's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.China Automotive Fundamentals Vs Peers
Comparing China Automotive's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze China Automotive's direct or indirect competition across all of the common fundamentals between China Automotive and the related equities. This way, we can detect undervalued stocks with similar characteristics as China Automotive or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of China Automotive's fundamental indicators could also be used in its relative valuation, which is a method of valuing China Automotive by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare China Automotive to competition |
| Fundamentals | China Automotive | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0331 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 52.74 M | 16.62 B |
| Shares Outstanding | 30.19 M | 571.82 M |
| Shares Owned By Insiders | 64.73 % | 10.09 % |
| Shares Owned By Institutions | 5.22 % | 39.21 % |
| Number Of Shares Shorted | 5.53 K | 4.71 M |
| Price To Earning | 9.63 X | 28.72 X |
| Price To Book | 0.33 X | 9.51 X |
| Price To Sales | 0.20 X | 11.42 X |
| Revenue | 576.35 M | 9.43 B |
| Gross Profit | 82.21 M | 27.38 B |
| EBITDA | 53.47 M | 3.9 B |
| Net Income | 37.66 M | 570.98 M |
| Cash And Equivalents | 100.71 M | 2.7 B |
| Cash Per Share | 3.31 X | 5.01 X |
| Total Debt | 142.51 M | 5.32 B |
| Debt To Equity | 0.14 % | 48.70 % |
| Current Ratio | 1.46 X | 2.16 X |
| Book Value Per Share | 11.41 X | 1.93 K |
| Cash Flow From Operations | 19.91 M | 971.22 M |
| Short Ratio | 0.17 X | 4.00 X |
| Earnings Per Share | 1.25 X | 3.12 X |
| Price To Earnings To Growth | 0.61 X | 4.89 X |
| Target Price | 7.5 | |
| Number Of Employees | 4.09 K | 18.84 K |
| Beta | 2.48 | -0.15 |
| Market Capitalization | 105.04 M | 19.03 B |
| Total Asset | 766.44 M | 29.47 B |
| Retained Earnings | 284.83 M | 9.33 B |
| Working Capital | 180.34 M | 1.48 B |
Note: Disposition of 400 shares by Daming Hu of China Automotive at 9.21 subject to Rule 16b-3 [view details]
China Automotive Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as China . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About China Automotive Buy or Sell Advice
When is the right time to buy or sell China Automotive Systems? Buying financial instruments such as China Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 321.0M | 311.7M | 344.5M | 190.3M | Total Assets | 716.8M | 714.4M | 766.4M | 476.6M |
Use Investing Ideas to Build Portfolios
In addition to having China Automotive in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Broad Equity ETFs Thematic Idea Now
Broad Equity ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Equity ETFs theme has 470 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Equity ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out China Automotive Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for China Stock analysis
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.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
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 1.582 | Earnings Share 1.25 | Revenue Per Share 19.094 | Quarterly Revenue Growth 0.236 | Return On Assets 0.0331 |
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.