China Historical Balance Sheet

CAAS Stock

USD 4.08 0.30 7.94%

Trend analysis of China Automotive Systems balance sheet accounts such as Total Stockholder Equity of 190.3 M, Retained Earnings of 299.1 M or Cash of 163 M provides information on China Automotive's total assets, liabilities, and equity, which is the actual value of China Automotive Systems to its prevalent stockholders. By breaking down trends over time using China Automotive balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Housing Crash

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Covid

Financial Statement Analysis is much more than just reviewing and examining China Automotive Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether China Automotive Systems is a good buy for the upcoming year.

China Automotive Inventory

62.12 Million

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Automotive Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

About China Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of China Automotive Systems at a specified time, usually calculated after every quarter, six months, or one year. China Automotive Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Automotive and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which China currently owns. An asset can also be divided into two categories, current and non-current.

China Automotive Balance Sheet Chart

At this time, China Automotive's Non Current Liabilities Total is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 22.5 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 190.3 M in 2024.

Total Assets Total Stockholder Equity Cash And Short Term Investments Common Stock Total Equity Total Current Liabilities

Add Fundamental

Total Assets

Total assets refers to the total amount of China Automotive assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China Automotive Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of China Automotive Systems balance sheet. This account contains China Automotive investments that will expire within one year. These investments include stocks and bonds that can be liquidated by China Automotive Systems fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Liabilities

Total Current Liabilities is an item on China Automotive balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Automotive Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from China Automotive's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into China Automotive Systems current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Automotive Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

	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

Total Stockholder Equity Total Assets

China Automotive balance sheet Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Total Liab	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Other Assets	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory
Total Assets		0.98	0.05	0.79	0.51	0.64	0.88	0.86	0.95	0.97	0.88	0.24	0.99	0.99	0.79	0.85	-0.05	0.57	0.55	0.63	-0.03	0.67	0.8	0.17	0.45	0.87
Total Stockholder Equity	0.98		0.12	0.8	0.44	0.58	0.83	0.83	0.97	0.96	0.83	0.15	0.97	0.96	0.79	0.83	-0.04	0.61	0.47	0.58	0.0	0.71	0.8	0.15	0.34	0.86
Net Debt	0.05	0.12		-0.03	-0.52	-0.34	0.12	0.03	0.17	0.14	0.12	-0.46	0.08	0.03	-0.11	-0.18	-0.23	0.72	-0.25	-0.44	-0.41	0.16	0.44	0.54	-0.3	-0.25
Retained Earnings	0.79	0.8	-0.03		0.71	0.82	0.63	0.75	0.79	0.74	0.63	0.06	0.79	0.78	0.7	0.76	0.44	0.47	0.58	0.59	0.3	0.62	0.6	-0.02	0.29	0.79
Cash	0.51	0.44	-0.52	0.71		0.95	0.41	0.48	0.4	0.45	0.41	0.32	0.49	0.5	0.37	0.53	0.64	0.15	0.53	0.53	0.48	0.14	0.18	-0.26	0.3	0.66
Cash And Short Term Investments	0.64	0.58	-0.34	0.82	0.95		0.54	0.58	0.55	0.63	0.54	0.26	0.64	0.63	0.5	0.54	0.59	0.31	0.5	0.45	0.43	0.21	0.42	-0.02	0.23	0.69
Common Stock Total Equity	0.88	0.83	0.12	0.63	0.41	0.54		0.91	0.84	0.91	1.0	0.36	0.87	0.85	0.59	0.61	-0.23	0.53	0.3	0.43	-0.36	0.54	0.86	0.43	0.32	0.59
Common Stock Shares Outstanding	0.86	0.83	0.03	0.75	0.48	0.58	0.91		0.88	0.85	0.91	0.49	0.83	0.85	0.55	0.71	-0.06	0.44	0.44	0.57	-0.26	0.71	0.78	0.24	0.47	0.66
Other Stockholder Equity	0.95	0.97	0.17	0.79	0.4	0.55	0.84	0.88		0.93	0.84	0.2	0.93	0.93	0.72	0.78	-0.06	0.6	0.46	0.55	-0.1	0.75	0.84	0.23	0.38	0.78
Total Current Assets	0.97	0.96	0.14	0.74	0.45	0.63	0.91	0.85	0.93		0.91	0.23	0.98	0.96	0.74	0.71	-0.08	0.63	0.39	0.45	-0.07	0.58	0.9	0.36	0.3	0.78
Common Stock	0.88	0.83	0.12	0.63	0.41	0.54	1.0	0.91	0.84	0.91		0.36	0.87	0.85	0.59	0.61	-0.23	0.53	0.3	0.43	-0.36	0.54	0.86	0.43	0.32	0.59
Other Current Liab	0.24	0.15	-0.46	0.06	0.32	0.26	0.36	0.49	0.2	0.23	0.36		0.18	0.25	-0.16	0.19	-0.07	-0.22	0.14	0.33	-0.14	0.03	0.16	0.03	0.46	0.21
Total Current Liabilities	0.99	0.97	0.08	0.79	0.49	0.64	0.87	0.83	0.93	0.98	0.87	0.18		0.99	0.82	0.82	-0.04	0.59	0.52	0.57	-0.01	0.65	0.82	0.23	0.38	0.85
Total Liab	0.99	0.96	0.03	0.78	0.5	0.63	0.85	0.85	0.93	0.96	0.85	0.25	0.99		0.81	0.87	-0.06	0.54	0.63	0.66	-0.04	0.67	0.77	0.15	0.52	0.87
Accounts Payable	0.79	0.79	-0.11	0.7	0.37	0.5	0.59	0.55	0.72	0.74	0.59	-0.16	0.82	0.81		0.76	-0.08	0.24	0.53	0.58	0.12	0.64	0.54	0.03	0.3	0.76
Non Current Assets Total	0.85	0.83	-0.18	0.76	0.53	0.54	0.61	0.71	0.78	0.71	0.61	0.19	0.82	0.87	0.76		0.06	0.32	0.82	0.91	0.11	0.75	0.42	-0.32	0.7	0.91
Non Currrent Assets Other	-0.05	-0.04	-0.23	0.44	0.64	0.59	-0.23	-0.06	-0.06	-0.08	-0.23	-0.07	-0.04	-0.06	-0.08	0.06		0.1	0.21	0.08	0.74	-0.11	-0.16	-0.34	-0.13	0.17
Short Long Term Debt Total	0.57	0.61	0.72	0.47	0.15	0.31	0.53	0.44	0.6	0.63	0.53	-0.22	0.59	0.54	0.24	0.32	0.1		0.14	-0.01	-0.1	0.32	0.69	0.38	-0.05	0.36
Other Liab	0.55	0.47	-0.25	0.58	0.53	0.5	0.3	0.44	0.46	0.39	0.3	0.14	0.52	0.63	0.53	0.82	0.21	0.14		0.82	0.17	0.51	0.12	-0.41	0.86	0.67
Property Plant And Equipment Net	0.63	0.58	-0.44	0.59	0.53	0.45	0.43	0.57	0.55	0.45	0.43	0.33	0.57	0.66	0.58	0.91	0.08	-0.01	0.82		0.09	0.61	0.14	-0.52	0.82	0.78
Current Deferred Revenue	-0.03	0.0	-0.41	0.3	0.48	0.43	-0.36	-0.26	-0.1	-0.07	-0.36	-0.14	-0.01	-0.04	0.12	0.11	0.74	-0.1	0.17	0.09		-0.28	-0.28	-0.45	-0.15	0.31
Other Assets	0.67	0.71	0.16	0.62	0.14	0.21	0.54	0.71	0.75	0.58	0.54	0.03	0.65	0.67	0.64	0.75	-0.11	0.32	0.51	0.61	-0.28		0.51	-0.07	0.42	0.57
Net Receivables	0.8	0.8	0.44	0.6	0.18	0.42	0.86	0.78	0.84	0.9	0.86	0.16	0.82	0.77	0.54	0.42	-0.16	0.69	0.12	0.14	-0.28	0.51		0.68	0.08	0.44
Short Term Investments	0.17	0.15	0.54	-0.02	-0.26	-0.02	0.43	0.24	0.23	0.36	0.43	0.03	0.23	0.15	0.03	-0.32	-0.34	0.38	-0.41	-0.52	-0.45	-0.07	0.68		-0.35	-0.26
Non Current Liabilities Total	0.45	0.34	-0.3	0.29	0.3	0.23	0.32	0.47	0.38	0.3	0.32	0.46	0.38	0.52	0.3	0.7	-0.13	-0.05	0.86	0.82	-0.15	0.42	0.08	-0.35		0.51
Inventory	0.87	0.86	-0.25	0.79	0.66	0.69	0.59	0.66	0.78	0.78	0.59	0.21	0.85	0.87	0.76	0.91	0.17	0.36	0.67	0.78	0.31	0.57	0.44	-0.26	0.51

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China Automotive Account Relationship Matchups

China Automotive balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	660.0M	707.6M	716.8M	714.4M	766.4M	476.6M
Total Stockholder Equity	289.2M	303.2M	321.0M	311.7M	344.5M	190.3M
Net Debt	47.4M	(52.7M)	(2.0M)	(74.5M)	(12.7M)	(12.1M)
Retained Earnings	221.2M	215.5M	226.4M	247.2M	284.8M	299.1M
Cash	76.7M	97.2M	131.7M	121.2M	155.2M	163.0M
Cash And Short Term Investments	82.5M	107.4M	133.5M	134.1M	166.3M	174.6M
Common Stock Shares Outstanding	31.5M	31.1M	30.9M	30.6M	30.2M	30.3M
Liabilities And Stockholders Equity	660.0M	707.6M	716.8M	714.4M	766.4M	476.6M
Other Stockholder Equity	60.2M	59.0M	58.5M	56.0M	64.4M	42.3M
Total Current Assets	441.2M	475.7M	501.4M	520.7M	564.1M	354.0M
Other Current Liab	68.7M	82.5M	73.6M	77.5M	73.3M	54.5M
Total Current Liabilities	303.8M	354.5M	351.8M	364.2M	383.7M	243.2M
Total Liab	350.6M	387.6M	379.3M	386.9M	398.0M	256.5M
Accounts Payable	116.7M	225.3M	146.1M	235.1M	160.6M	116.1M
Non Current Assets Total	218.8M	231.9M	215.4M	193.6M	202.4M	129.2M
Non Currrent Assets Other	2.9M	7.6M	24.8M	46K	78.1M	82.0M
Short Long Term Debt Total	124.1M	44.5M	129.7M	46.7M	142.5M	83.0M
Other Liab	34.4M	31.9M	27.5M	22.0M	25.3M	26.5M
Property Plant And Equipment Net	149.3M	148.2M	131.0M	115.3M	111.0M	83.8M
Current Deferred Revenue	1.7M	2.4M	2.4M	5.7M	8.6M	4.7M
Other Assets	26.6M	39.4M	29.9M	15.9M	18.3M	19.0M
Net Receivables	233.0M	234.1M	210.3M	224.3M	269.4M	211.4M
Short Term Investments	5.8M	10.1M	1.8M	12.9M	11.1M	16.7M
Non Current Liabilities Total	46.8M	33.2M	27.5M	22.7M	14.3M	14.5M
Inventory	82.9M	88.3M	116.5M	112.2M	112.4M	62.1M
Other Current Assets	42.7M	45.8M	41.1M	60.1K	16.0M	22.5M
Property Plant And Equipment Gross	149.3M	148.2M	344.6M	115.3M	338.0M	354.9M
Accumulated Other Comprehensive Income	7.8M	28.7M	36.2M	8.4M	3.6M	3.4M
Short Term Debt	116.7M	44.4M	129.7M	45.9M	141.2M	81.2M
Intangible Assets	11.7M	12.5M	12.5M	10.8M	13.1M	19.5M
Property Plant Equipment	140.4M	141.3M	127.9M	107.1M	123.1M	90.8M
Net Tangible Assets	287.9M	290.7M	308.5M	300.8M	345.9M	296.7M
Noncontrolling Interest In Consolidated Entity	6.7M	19.0M	20.2M	16.2M	14.6M	13.3M
Long Term Debt	291K	4.9M	1.1M	528K	1.2M	2.2M
Retained Earnings Total Equity	209.5M	211.4M	221.2M	215.5M	247.8M	186.1M
Long Term Debt Total	306K	291K	4.9M	1.1M	1.0M	962.7K

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

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0.67	LI	Li Auto	Pair Corr
0.64	ADNT	Adient PLC Fiscal Year End 13th of November 2024	Pair Corr
0.63	HD	Home Depot	Pair Corr
0.55	MGA	Magna International Sell-off Trend	Pair Corr

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 Correlation Correlation Matching

Additional 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.

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China Historical Balance Sheet

China Automotive Inventory

62.12 Million

About China Balance Sheet Analysis

China Automotive Balance Sheet Chart

Total Assets

Total Stockholder Equity

Cash And Short Term Investments

Common Stock Total Equity

Total Current Liabilities

China Automotive balance sheet Correlations

China Automotive Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Automotive balance sheet Accounts

Pair Trading with China Automotive

Moving against China Stock

Additional Tools for China Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Current Liabilities	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Liabilities	+ 0.98	Total Current Assets

Short Term Investments	- 0.52	Property Plant And Equipment Net
Cash	- 0.52	Net Debt
Other Current Liab	- 0.46	Net Debt
Short Term Investments	- 0.45	Current Deferred Revenue
Property Plant And Equipment Net	- 0.44	Net Debt
Short Term Investments	- 0.41	Other Liab