How to Buy China Automotive Systems Stock
China Automotive Systems Inc
China Automotive Systems, Inc. , through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China.
China Automotive Systems stock last closed at $3.53, down 1.12% from the previous day, and has decreased 18.85% in one year. It has underperformed other stocks in the Auto Parts industry by 0.13 percentage points. China Automotive Systems stock is currently +16.12% from its 52-week low of $3.04, and -38.39% from its 52-week high of $5.73.
As of Apr 26, 2024, there are 30.19M CAAS shares outstanding. The market capitalization of CAAS is $106.56M. In the past 24 hours, 11,343 CAAS shares were traded.
How to Buy China Automotive Systems Stock
Not sure how to invest in China Automotive Systems stock? Here's how.
- Decide where to buy China Automotive Systems stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy China Automotive Systems stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Evaluate China Automotive Systems stock: The China Automotive Systems ticker symbol is CAAS. Is China Automotive Systems stock a good investment? Should you buy shares of CAAS? How do CAAS's underlying business fundamentals look? Do top analysts think China Automotive Systems is a good buy? Why has CAAS's stock price moved recently? (Hint: Our stock research tools can help you understand if CAAS is a good stock to buy).
- Make your CAAS trade: Decide if you will purchase CAAS shares at the current market price or use a limit order to purchase CAAS stock at a given price.
- Watch your CAAS position: Create a watchlist to important updates regarding your investment in China Automotive Systems stock.
Step 1: Decide where to buy China Automotive Systems stock
You will need an online brokerage account in order to access the NASDAQ market and buy CAAS stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you are able to buy CAAS today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing money into your new brokerage account.
Step 4: Evaluate China Automotive Systems stock
Once you have identified the best place to buy China Automotive Systems stock, it's important to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
China Automotive Systems shares at a glance
China Automotive Systems Due Diligence Checks
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on CAAS's stock page.
How is CAAS stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CAAS's intrinsic value.
Using relative valuations metrics:
- CAAS may be undervalued based on its P/E ratio of 2.82x, relative to Auto Parts industry P/E ratio of -143.88x
- CAAS could be undervalued based on its P/B ratio of 0.31x, relative to Auto Parts industry P/B ratio of 1.78x
- CAAS could be undervalued based on its PEG ratio of 0.05x
You can do additional valuation analysis on CAAS's stock here.
CAAS Financial Health Overview
Pros:
- CAAS profit margin has gone up from 4% to 6.5% in the past year.
- There are more short-term assets than long-term liabilities on the CAAS balance sheet.
- CAAS earnings of $43.82M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the CAAS balance sheet.
- CAAS's operating cash flow of $19.91M allows it to safely service it's debt of $49.48M.
- Total CAAS debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- CAAS has a relatively high debt to equity ratio of 1.16.
CAAS Technicals
CAAS Performance Numbers
Last year, CAAS earnings were $37.66M. Over the last five year, CAAS's earnings have increased by 73.29% per year. This was faster than the Auto Parts industry average of 5.12%.
Last year, CAAS revenue was $576.35M. In the last five year, CAAS's revenue has grown by 3.04% per year. This was slower than the Auto Parts industry average of 9.17%.
You can analyze CAAS's earnings and revenue performance here.
Latest Insiders Trades at CAAS
In the last year, insiders at CAAS have bought more shares than they have sold.
Jie 2. Li, Chief Financial Officer of CAAS, was the latest CAAS insider to buy. They bought $19,320.00 worth of CAAS shares on Nov 16, 2023.
Dig into more about who owns CAAS stock here.
Can I rely on CAAS as an income stream?
No, China Automotive Systems doesn't provide an income stream by paying out dividends.
What do other traders have to say about CAAS?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your CAAS trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open Trade button and eToro will place the order.
If you want more assistance buying stocks on eToro, watch the how to video below:
Step 6: Watch your CAAS position
Now that you own some CAAS shares, you'll want to keep up with your company.
Add CAAS to a watchlist to see the latest developments about your CAAS stock.
CAAS Feed
How to Buy Stock in China Automotive Systems
To summarize, here are the 6 steps to buy China Automotive Systems stock:
- Decide where to buy China Automotive Systems stock
- Open a brokerage account
- Put funds into your brokerage account
- Evaluate China Automotive Systems stock
- Make your CAAS trade
- Watch your CAAS position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your new investment in China Automotive Systems, add CAAS to your watchlist below.
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