China Payout Ratio vs Consolidated Income Analysis
CAAS Stock | USD 3.52 0.04 1.15% |
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.
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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 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. 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.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. Sales General And Administrative To Revenue is likely to gain to 0.05 in 2024, whereas Selling General Administrative is likely to drop slightly above 18.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 72.1M | 83.4M | 101.8M | 66.4M | Total Revenue | 498.0M | 529.6M | 576.4M | 354.5M |
China Automotive fundamental ratios Correlations
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China Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Automotive fundamental ratios 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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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.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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
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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 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.