China Automotive Systems Inc
NASDAQ:CAAS
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
|
China Automotive Systems Inc
NASDAQ:CAAS
|
136.4m USD |
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|
|
| JP |
|
Sumitomo Electric Industries Ltd
TSE:5802
|
6.7T JPY |
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|
|
| JP |
|
Denso Corp
TSE:6902
|
6T JPY |
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|
|
| KR |
|
Hyundai Mobis Co Ltd
KRX:012330
|
39T KRW |
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|
|
| CN |
|
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
156.5B CNY |
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|
|
| CN |
|
Ningbo Tuopu Group Co Ltd
SSE:601689
|
126.5B CNY |
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|
|
| IE |
|
Aptiv PLC
NYSE:APTV
|
18.1B USD |
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|
|
| DE |
|
Continental AG
XETRA:CON
|
14.6B EUR |
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|
|
| CA |
|
Magna International Inc
TSX:MG
|
22.2B CAD |
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|
|
| IN |
|
Samvardhana Motherson International Ltd
NSE:MOTHERSON
|
1.4T INR |
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|
|
| US |
|
Borgwarner Inc
NYSE:BWA
|
14.2B USD |
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|
Market Distribution
| Min | -2 148% |
| 30th Percentile | 14.3% |
| Median | 23% |
| 70th Percentile | 34.6% |
| Max | 775.2% |
Other Profitability Ratios
China Automotive Systems Inc
Glance View
China Automotive Systems, Inc. is a holding company, which engages in the manufacture and sale of automotive products, through its subsidiaries. The company is headquartered in Jingzhou, Hubei and currently employs 3,949 full-time employees. The company went IPO on 2004-08-24. The Company, through its subsidiary, Great Genesis Holdings Limited (Genesis), owns interests in over eight Sino-joint ventures and over five subsidiaries in the People's Republic of China (PRC), which manufacture power steering systems and/or related products for various segments of the automobile industry. Genesis also owns interests in a Brazil-based trading company, which engages mainly in the import and sales of automotive parts in Brazil. Henglong USA Corporation (HLUSA), which is a subsidiary of the Company, engages in marketing of automotive parts in North America, and provides after sales service and research and development support. The firm's geographical segments include the United States, China and other foreign countries. One of its subsidiaries, Shenyang Jinbei Henglong Automotive Steering System Co., Ltd., focuses on power steering parts for light duty vehicles.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for China Automotive Systems Inc is 16.8%, which is below its 3-year median of 17.4%.
Over the last 3 years, China Automotive Systems Inc’s Gross Margin has increased from 14.5% to 16.8%. During this period, it reached a low of 14.5% on Sep 30, 2022 and a high of 19% on Jun 30, 2024.
