China Automotive Systems, Inc., a holding company headquartered in Jingzhou, Hubei, specializes in manufacturing and selling automotive products with over 4,093 employees, having gone public in 2004. Through subsidiaries like Great Genesis Holdings and Henglong USA Corporation, it operates in various global markets including China, the United States, and Brazil, focusing on power steering systems and automotive parts.
China Automotive Systems (CAAS) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, China Automotive Systems's actual EPS was $0.24, beating the estimate of $0.15 per share, resulting in a 56.86% surprise.
📡️ Consumer Discretionary
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