Added to YB: 2024-04-19
Pitch date: 2024-04-17
CAAS [bullish]
China Automotive Systems, Inc.
+40.42%
current return
Author Info
Chop Wood, Carry Water is a tech manager and investor searching for value-based investments. Sign up for the newsletter.
Company Info
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People’s Republic of China, the United States, and internationally.
Market Cap
$123.8M
Pitch Price
$3.05
Price Target
6.96 (+63%)
Dividend
N/A
EV/EBITDA
1.99
P/E
3.90
EV/Sales
0.20
Sector
Automobile Components
Category
value
China Automotive Systems, Inc. - $CAAS Quick Pitch
CAAS: Top China steering system supplier w/ 60+ OEMs. Tsinghua JV for e-steering tech. Key BYD partner. 310+ models, manual to EPS. Strong '23: 8.8% sales growth, 80%+ EPS rise, margin up. Q1 boom: 24.6% EPS sales up. Cash $126M, insider 64%. Investing $25M in '24 for global expansion. Trades <cash, 2.8 P/E. 100% upside.
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