China Market Capitalization vs Net Income Analysis

CAAS Stock  USD 3.37  0.12  3.69%   
Trend analysis of China Automotive Systems balance sheet accounts such as Total Stockholder Equity of 182 M, Retained Earnings of 298.5 M or Cash of 146.4 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.
  
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

China Automotive Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how China Automotive Systems uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, China Automotive's Inventory is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 77.5 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 182 M in 2024.

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.
Most indicators from China Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.
Selling General Administrative is likely to drop to about 32.1 M in 2024. Discontinued Operations is likely to drop to about 2.1 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit72.1M83.4M94.1M66.0M
Total Revenue498.0M529.6M546.0M353.0M

China Automotive fundamental ratios Correlations

0.98-0.010.790.550.680.850.90.940.980.850.020.990.990.640.86-0.410.430.540.65-0.150.650.790.180.490.67
0.980.060.790.470.610.810.870.970.960.81-0.030.970.960.620.83-0.360.460.460.6-0.140.70.790.170.390.64
-0.010.06-0.24-0.69-0.530.14-0.130.120.080.14-0.210.0-0.04-0.4-0.21-0.040.76-0.3-0.44-0.640.180.390.5-0.28-0.5
0.790.79-0.240.70.820.630.810.780.740.63-0.110.790.780.880.76-0.470.30.580.610.20.620.580.00.350.92
0.550.47-0.690.70.940.460.610.420.490.460.130.530.550.670.58-0.17-0.070.540.590.350.160.17-0.230.410.86
0.680.61-0.530.820.940.590.70.580.670.590.10.680.680.780.58-0.350.110.510.50.290.240.420.030.330.9
0.850.810.140.630.460.590.830.840.891.00.230.840.820.420.59-0.460.560.30.41-0.470.540.870.430.320.44
0.90.87-0.130.810.610.70.830.890.880.830.30.870.880.570.75-0.390.320.460.61-0.190.620.760.190.480.67
0.940.970.120.780.420.580.840.890.930.840.050.930.920.570.78-0.390.50.460.57-0.260.750.830.240.420.59
0.980.960.080.740.490.670.890.880.930.890.080.980.960.590.72-0.470.490.390.48-0.210.560.880.370.340.59
0.850.810.140.630.460.591.00.830.840.890.230.840.820.420.59-0.460.560.30.41-0.470.540.870.430.320.44
0.02-0.03-0.21-0.110.130.10.230.30.050.080.23-0.020.01-0.36-0.130.18-0.2-0.190.0-0.28-0.130.160.240.16-0.1
0.990.970.00.790.530.680.840.870.930.980.84-0.020.990.670.83-0.440.430.520.6-0.120.630.80.230.430.67
0.990.96-0.040.780.550.680.820.880.920.960.820.010.990.650.88-0.410.390.620.68-0.120.640.750.160.550.68
0.640.62-0.40.880.670.780.420.570.570.590.42-0.360.670.650.65-0.570.050.570.530.410.450.39-0.030.240.86
0.860.83-0.210.760.580.580.590.750.780.720.59-0.130.830.880.65-0.180.180.80.910.040.720.41-0.310.730.74
-0.41-0.36-0.04-0.47-0.17-0.35-0.46-0.39-0.39-0.47-0.460.18-0.44-0.41-0.57-0.18-0.2-0.12-0.06-0.01-0.06-0.58-0.540.0-0.27
0.430.460.760.3-0.070.110.560.320.50.490.56-0.20.430.390.050.18-0.20.06-0.11-0.540.370.650.47-0.050.08
0.540.46-0.30.580.540.510.30.460.460.390.3-0.190.520.620.570.8-0.120.060.820.140.510.12-0.40.890.68
0.650.6-0.440.610.590.50.410.610.570.480.410.00.60.680.530.91-0.06-0.110.820.090.580.15-0.520.830.68
-0.15-0.14-0.640.20.350.29-0.47-0.19-0.26-0.21-0.47-0.28-0.12-0.120.410.04-0.01-0.540.140.09-0.33-0.48-0.47-0.080.43
0.650.70.180.620.160.240.540.620.750.560.54-0.130.630.640.450.72-0.060.370.510.58-0.330.52-0.080.410.43
0.790.790.390.580.170.420.870.760.830.880.870.160.80.750.390.41-0.580.650.120.15-0.480.520.710.10.3
0.180.170.50.0-0.230.030.430.190.240.370.430.240.230.16-0.03-0.31-0.540.47-0.4-0.52-0.47-0.080.71-0.38-0.24
0.490.39-0.280.350.410.330.320.480.420.340.320.160.430.550.240.730.0-0.050.890.83-0.080.410.1-0.380.44
0.670.64-0.50.920.860.90.440.670.590.590.44-0.10.670.680.860.74-0.270.080.680.680.430.430.3-0.240.44
Click cells to compare fundamentals

China Automotive Account Relationship Matchups

China Automotive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets660.0M707.6M716.8M714.4M821.5M459.9M
Total Stockholder Equity289.2M303.2M321.0M311.7M358.4M182.0M
Net Debt47.4M(52.7M)(2.0M)(74.5M)(85.7M)(81.4M)
Retained Earnings221.2M215.5M226.4M247.2M284.3M298.5M
Cash76.7M97.2M131.7M121.2M139.4M146.4M
Cash And Short Term Investments82.5M107.4M133.5M134.1M154.2M161.9M
Common Stock Shares Outstanding31.5M31.1M30.9M30.6M35.2M30.1M
Liabilities And Stockholders Equity660.0M707.6M716.8M714.4M821.5M459.9M
Other Stockholder Equity60.2M59.0M58.5M56.0M64.4M41.5M
Total Current Assets441.2M475.7M501.4M520.7M598.8M341.9M
Other Current Liab68.7M82.5M73.6M77.5M89.2M80.3M
Total Current Liabilities303.8M354.5M351.8M364.2M418.8M235.1M
Total Liab350.6M387.6M379.3M386.9M445.0M248.2M
Accounts Payable116.7M225.3M146.1M235.1M270.4M283.9M
Non Current Assets Total218.8M231.9M215.4M193.6M222.7M124.7M
Non Currrent Assets Other2.9M7.6M24.8M46K41.4K39.3K
Short Long Term Debt Total124.1M44.5M129.7M46.7M53.7M79.3M
Other Liab34.4M31.9M27.5M22.0M25.3M26.5M
Property Plant And Equipment Net149.3M148.2M131.0M115.3M132.6M81.9M
Current Deferred Revenue1.7M2.4M2.4M5.7M5.1M4.6M
Other Assets26.6M39.4M29.9M15.9M18.3M19.0M
Net Receivables233.0M234.1M210.3M224.3M258.0M207.1M
Short Term Investments5.8M10.1M1.8M12.9M14.8M16.9M
Non Current Liabilities Total46.8M33.2M27.5M22.7M26.2M14.4M
Inventory82.9M88.3M116.5M112.2M129.1M135.5M
Other Current Assets42.7M45.8M41.1M60.1K69.1K65.7K
Property Plant And Equipment Gross149.3M148.2M344.6M115.3M132.6M109.7M
Accumulated Other Comprehensive Income7.8M28.7M36.2M8.4M9.7M9.2M
Short Term Debt116.7M44.4M129.7M45.9M52.8M77.5M
Intangible Assets11.7M12.5M12.5M10.8M12.5M19.8M
Property Plant Equipment140.4M141.3M127.9M107.1M123.1M90.8M
Net Tangible Assets287.9M290.7M308.5M300.8M345.9M296.7M
Noncontrolling Interest In Consolidated Entity6.7M19.0M20.2M16.2M14.6M13.3M
Long Term Debt291K4.9M1.1M528K475.2K451.4K
Retained Earnings Total Equity209.5M211.4M221.2M215.5M247.8M186.1M
Long Term Debt Total306K291K4.9M1.1M1.0M962.7K

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

  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 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.
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.