China Automotive Systems, Inc. (CAAS) — Financial statements
Income statement, balance sheet, and cash flow for China Automotive Systems, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 766↑17.6% | 651↑12.9% | 576↑8.8% | 530↑6.3% | 498 | |
| Cost of Revenue | 620↑14.5% | 542↑14.6% | 473↑5.9% | 446↑4.8% | 426 | |
| Gross Profit | 145↑33.2% | 109↑5.2% | 104↑24.4% | 83↑15.7% | 72 | |
| Operating Expenses | ||||||
| R&D Expenses | 45↑63.0% | 28↓5.2% | 29↓19.2% | 36↑27.9% | 28 | |
| General & Administrative Expenses | 25↑9.1% | 23↑17.3% | 19↑11.2% | 17↑2.4% | 17 | |
| Selling & Marketing Expenses | 21↑15.9% | 18↑14.4% | 16↓7.7% | 17↓7.5% | 18 | |
| SG&A Expenses | 46↑12.1% | 41↑16.0% | 35↑1.9% | 34↓2.7% | 35 | |
| Other Expenses | -5↓788.6% | 0.67↑115.3% | 0.31↓93.7% | 5↑64.6% | 3 | |
| Operating Expenses | 86↑24.7% | 69↑6.9% | 65↓14.5% | 75↑13.3% | 67 | |
| Total Costs & Expenses | 706↑15.6% | 611↑13.7% | 537↑3.0% | 522↑5.9% | 492 | |
| Operating Results | ||||||
| Operating Income | 60↑47.9% | 40↑2.6% | 39↑393.6% | 8↑44.1% | 6 | |
| Depreciation & Amortization | 14↓29.5% | 20↑8.1% | 19↓25.7% | 25↓7.2% | 27 | |
| EBITDA | 77↑16.9% | 66↓2.9% | 68↑37.3% | 50↑34.4% | 37 | |
| EBIT | 63↑37.3% | 46↓6.7% | 49↑101.2% | 24↑148.9% | 10 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.11↓119.5% | 0.55↑89.7% | 0.29↑242.9% | -0.20↓4.1% | -0.20 | |
| Interest Income | 2↓32.5% | 2↑55.1% | 2↑22.2% | 1↑0.4% | 1 | |
| Interest Expense | 2↓6.1% | 2↑46.9% | 1↓14.9% | 1↑0.9% | 1 | |
| Non-Operating Income | -4↑37.2% | -6↑43.2% | -10↑39.5% | -17↓282.9% | -4 | |
| Other Income / Expenses | 4↑12.0% | 4↓60.7% | 9↓48.6% | 17↑89.7% | 9 | |
| Income Before Tax | 63↑45.0% | 44↓9.2% | 48↑89.7% | 25↑72.6% | 15 | |
| Income Tax Expense | 12↑96.5% | 6↑14.7% | 5↑66.7% | 3↓23.0% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 52↑37.0% | 38↓12.1% | 43↑92.9% | 22↑108.3% | 11 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 43↑42.9% | 30↓20.4% | 38↑77.8% | 21↑91.7% | 11 | |
| Bottom-Line Net Income | 43↑42.9% | 30↓20.4% | 38↑77.8% | 21↑91.7% | 11 | |
| EPS (Basic) | 1.42↑43.4% | 0.99↓20.8% | 1.25↑81.2% | 0.69↑392.9% | 0.14 | |
| EPS (Diluted) | 1.42↑43.4% | 0.99↓20.8% | 1.25↑81.2% | 0.69↑392.9% | 0.14 | |
| Weighted Average Shares | 30↓0.0% | 30↓0.0% | 30↓1.5% | 31↓0.7% | 31 | |
| Weighted Average Diluted Shares | 30↓0.0% | 30↓0.0% | 30↓1.5% | 31↓0.7% | 31 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.