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China Automotive Systems Began Volume Shipment of EPS Systems to a Global Automaker in Europe
PRNewswire (Mon, 18-May 6:00 AM ET)
China Automotive Systems Inc is a holding company. The firm, through its subsidiary, is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series of power steering models, including rack and pinion power steering, integral power steering, electronic power steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of its revenue from China.
China Automotive Systems - Ordinary Share trades on the NASDAQ stock market under the symbol CAAS.
As of July 27, 2026, CAAS stock price was flat at $4.35 with 5,208 million shares trading.
CAAS has a beta of 0.39, meaning it tends to be less sensitive to market movements. CAAS has a correlation of 0.04 to the broad based SPY ETF.
CAAS has a market cap of $131.35 million. This is considered a Micro Cap stock.
In the last 3 years, CAAS traded as high as $5.64 and as low as $3.04.
The top ETF exchange traded funds that CAAS belongs to (by Net Assets): BSVO, AVEM, AVES, AVSE.
CAAS has underperformed the market in the last year with a return of +4.3%, while the SPY ETF gained +17.7%. In the last 3 month period, CAAS fell short of the market, returning -2.7%, while SPY returned +3.8%. However, in the most recent 2 weeks CAAS has outperformed the stock market by returning 0.0%, while SPY returned -2.1%.
CAAS support price is $4.26 and resistance is $4.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CAAS shares will trade within this expected range on the day.
