Advice Stories

Should you trust China Automotive (NASDAQ:CAAS) latest analyst consensus?

  
China Automotive Sys is scheduled to announce its earnings today. The upcoming quarterly report is expected on the 22nd of June 2021. The stock is currently experiencing an unusual volatility. As many baby boomers are still indifferent towards consumer cyclical space, it makes sense to break down China as a potential position. We will analyze why it could be a much better year... [more]
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. China Automotive has an asset utilization ratio of 68.73 percent. This connotes that the company is making $0.69 for each dollar of assets. An increasing asset utilization means that China Automotive Sys is more efficient with each dollar of assets it utilizes for everyday operations.
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