2013 Q3 Form 10-Q Financial Statement

#000114420413060707 Filed on November 13, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3 2011 Q4
Revenue $90.92M $73.18M $94.40M
YoY Change 24.23% 3.22% -6.07%
Cost Of Revenue $74.39M $60.68M $76.10M
YoY Change 22.59% 4.09% -5.7%
Gross Profit $16.53M $12.50M $18.30M
YoY Change 32.19% -0.79% -7.58%
Gross Profit Margin 18.18% 17.08% 19.39%
Selling, General & Admin $5.468M $4.924M $800.0K
YoY Change 11.05% -3.45% -80.0%
% of Gross Profit 33.09% 39.39% 4.37%
Research & Development $5.117M $2.818M $3.000M
YoY Change 81.58% 12.72% -18.92%
% of Gross Profit 30.97% 22.54% 16.39%
Depreciation & Amortization $3.700M $3.300M $3.360M
YoY Change 12.12% -7.56% 32.28%
% of Gross Profit 22.39% 26.4% 18.36%
Operating Expenses $10.59M $7.742M $3.800M
YoY Change 36.72% 0.55% -50.0%
Operating Profit $10.97M $5.463M $14.50M
YoY Change 100.81% 11.49% 18.85%
Interest Expense $284.0K $819.0K $500.0K
YoY Change -65.32% -87.59% -89.58%
% of Operating Profit 2.59% 14.99% 3.45%
Other Income/Expense, Net $400.0K $200.0K $0.00
YoY Change 100.0% -100.0%
Pretax Income $12.16M $5.264M $8.100M
YoY Change 130.97% -56.13% -53.18%
Income Tax $1.854M $891.0K $100.0K
% Of Pretax Income 15.25% 16.93% 1.23%
Net Earnings $8.624M $3.404M $6.700M
YoY Change 153.35% -66.3% -45.53%
Net Earnings / Revenue 9.49% 4.65% 7.1%
Basic Earnings Per Share $0.31 $0.12
Diluted Earnings Per Share $0.31 $0.12 $162.2K
COMMON SHARES
Basic Shares Outstanding 28.04M shares 28.26M shares
Diluted Shares Outstanding 28.06M shares 28.26M shares

Balance Sheet

Concept 2013 Q3 2012 Q3 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.00M $72.50M $73.00M
YoY Change 20.0% -4.73% 47.77%
Cash & Equivalents $54.70M $72.49M $72.96M
Short-Term Investments $32.30M
Other Short-Term Assets $34.80M $30.20M $28.30M
YoY Change 15.23% 8.63% -1.39%
Inventory $53.15M $48.00M $51.60M
Prepaid Expenses
Receivables $247.0M $200.9M $200.9M
Other Receivables $17.80M $9.400M $11.60M
Total Short-Term Assets $439.8M $361.1M $365.4M
YoY Change 21.79% 2.29% 17.53%
LONG-TERM ASSETS
Property, Plant & Equipment $82.52M $85.50M $84.80M
YoY Change -3.48% 4.78% 12.47%
Goodwill
YoY Change
Intangibles $671.0K
YoY Change
Long-Term Investments $3.900M $3.600M $3.500M
YoY Change 8.33% 5.88% 9.38%
Other Assets $8.300M $10.40M $9.500M
YoY Change -20.19% -7.14% -24.6%
Total Long-Term Assets $96.29M $104.1M $101.0M
YoY Change -7.51% 4.83% 6.77%
TOTAL ASSETS
Total Short-Term Assets $439.8M $361.1M $365.4M
Total Long-Term Assets $96.29M $104.1M $101.0M
Total Assets $536.1M $465.2M $466.4M
YoY Change 15.24% 2.85% 15.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.7M $97.00M $114.2M
YoY Change 14.12% -8.66% 19.33%
Accrued Expenses $27.01M $15.50M $14.30M
YoY Change 74.25% -0.64% -37.28%
Deferred Revenue
YoY Change
Short-Term Debt $112.7M 5.520M CNies 10.32M CNies
YoY Change 1941.67% -92.02% -82.69%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $275.4M $237.3M $217.6M
YoY Change 16.04% 11.04% -15.23%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $3.200M $23.60M
YoY Change -100.0% -86.94% 3833.33%
Other Long-Term Liabilities $0.00 $0.00 $9.200M
YoY Change -100.0%
Total Long-Term Liabilities $0.00 $3.200M $32.80M
YoY Change -100.0% -90.48% 5366.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $275.4M $237.3M $217.6M
Total Long-Term Liabilities $0.00 $3.200M $32.80M
Total Liabilities $275.4M $277.3M $293.3M
YoY Change -0.7% -3.78% 0.0%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $39.57M $39.37M $39.30M
YoY Change 0.5%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.000M
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $217.7M $187.8M $173.1M
YoY Change
Total Liabilities & Shareholders Equity $536.1M $465.2M $466.4M
YoY Change 15.24% 2.85% 15.02%

Cashflow Statement

Concept 2013 Q3 2012 Q3 2011 Q4
OPERATING ACTIVITIES
Net Income $8.624M $3.404M $6.700M
YoY Change 153.35% -66.3% -45.53%
Depreciation, Depletion And Amortization $3.700M $3.300M $3.360M
YoY Change 12.12% -7.56% 32.28%
Cash From Operating Activities $460.0K $4.490M $2.330M
YoY Change -89.76% -70.54% -73.97%
INVESTING ACTIVITIES
Capital Expenditures -$3.540M -$8.160M -$4.250M
YoY Change -56.62% 345.9% 3.16%
Acquisitions
YoY Change
Other Investing Activities -$11.66M $3.330M $380.0K
YoY Change -450.15% -562.5% -114.73%
Cash From Investing Activities -$15.21M -$4.830M -$3.870M
YoY Change 214.91% 89.41% -42.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.190M -4.660M -2.210M
YoY Change 32.83% -167.05% -14.34%
NET CHANGE
Cash From Operating Activities 460.0K 4.490M 2.330M
Cash From Investing Activities -15.21M -4.830M -3.870M
Cash From Financing Activities -6.190M -4.660M -2.210M
Net Change In Cash -20.94M -5.000M -3.750M
YoY Change 318.8% -125.46% 1002.94%
FREE CASH FLOW
Cash From Operating Activities $460.0K $4.490M $2.330M
Capital Expenditures -$3.540M -$8.160M -$4.250M
Free Cash Flow $4.000M $12.65M $6.580M
YoY Change -68.38% -25.89% -49.66%

Facts In Submission

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CY2013Q3 caas Advances Payable
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CY2012Q4 caas Advances Payable
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CY2013Q3 us-gaap Short Term Bank Loans And Notes Payable
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caas Redemption Of Convertible Notes
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caas Redemption Of Convertible Notes
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us-gaap Debt Issuance Costs
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3256000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
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caas Increase Decrease In Advances Payable
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2210000 USD
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62000 USD
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32197000 USD
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2777000 USD
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0 USD
caas Accounts Receivable From Sale Of Subsidiary
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4361000 USD
caas Noncontrolling Interests Contribution Of Capital With Property Plant And Equipment
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0 USD
caas Noncontrolling Interests Contribution Of Capital With Property Plant And Equipment
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2846000 USD
caas Dividend Payable To Noncontrolling Interest Shareholders Of Joint Ventures
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caas Dividend Payable To Noncontrolling Interest Shareholders Of Joint Ventures
DividendPayableToNoncontrollingInterestShareholdersOfJointVentures
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CY2012Q2 caas Non Revolving Credit Facility
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CY2013Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
31600000 USD
CY2013Q3 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0225 pure
caas Statutory Accounting Practices Statutory Surplus Required Percentage
StatutoryAccountingPracticesStatutorySurplusRequiredPercentage
0.1 pure
caas Percentage Of Statutory Surplus Reserve
PercentageOfStatutorySurplusReserve
0.5 pure
CY2012Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
16476000 USD
CY2012 us-gaap Standard Product Warranty Accrual Currency Translation Increase Decrease
StandardProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
41000 USD
CY2012 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
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CY2011Q4 us-gaap Minority Interest
MinorityInterest
43028000 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4744000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1299000 USD
CY2013Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
20840000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6846000 USD
CY2012 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6846000 USD
CY2013Q3 caas Accrued Expenses Current
AccruedExpensesCurrent
3389000 USD
CY2012Q4 caas Accrued Expenses Current
AccruedExpensesCurrent
2557000 USD
caas Capital Contribution From Noncontrolling Interests
CapitalContributionFromNoncontrollingInterests
0 USD
caas Capital Contribution From Noncontrolling Interests
CapitalContributionFromNoncontrollingInterests
2846000 USD
CY2012 caas Capital Contribution From Noncontrolling Interests
CapitalContributionFromNoncontrollingInterests
3012000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
892000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
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CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
70000 USD
CY2013Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
20840000 USD
CY2012Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
18081000 USD
CY2012Q3 us-gaap Minority Interest
MinorityInterest
36889000 USD
CY2013Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
86000 USD
CY2012Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
162000 USD
CY2013Q3 caas Accounts Payable Unrelated Parties
AccountsPayableUnrelatedParties
104392000 USD
CY2012Q4 caas Accounts Payable Unrelated Parties
AccountsPayableUnrelatedParties
99100000 USD
CY2013Q3 caas Notes Payable Unrelated Parties
NotesPayableUnrelatedParties
70483000 USD
CY2012Q4 caas Notes Payable Unrelated Parties
NotesPayableUnrelatedParties
67280000 USD
CY2013Q3 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
6258000 USD
CY2012Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
4521000 USD
CY2013Q3 caas Accounts And Notes Payable Total
AccountsAndNotesPayableTotal
181133000 USD
CY2012Q4 caas Accounts And Notes Payable Total
AccountsAndNotesPayableTotal
170901000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
25291000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4374000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1024000 USD
CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
607000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
24267000 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
284000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
819000 USD
CY2013Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1143000 USD
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
409000 USD
CY2013Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-24000 USD
CY2012Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-5000 USD
CY2013Q3 caas Gain Loss Of Note Discount Net
GainLossOfNoteDiscountNet
3000 USD
CY2012Q3 caas Gain Loss Of Note Discount Net
GainLossOfNoteDiscountNet
7000 USD
CY2013Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
5049000 USD
CY2012Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
4347000 USD
CY2013Q3 caas Handling Charge
HandlingCharge
149000 USD
CY2012Q3 caas Handling Charge
HandlingCharge
29000 USD
CY2013Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3467000 USD
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
878000 USD
CY2013Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
463000 USD
CY2012Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
368000 USD
caas Coupon Interest And Make Whole Redemption Interest
CouponInterestAndMakeWholeRedemptionInterest
0 USD
caas Coupon Interest And Make Whole Redemption Interest
CouponInterestAndMakeWholeRedemptionInterest
1551000 USD
us-gaap Interest Expense
InterestExpense
1289000 USD
us-gaap Interest Expense
InterestExpense
1273000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2298000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
981000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-71000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
89000 USD
caas Gain Loss Of Note Discount Net
GainLossOfNoteDiscountNet
-9000 USD
caas Gain Loss Of Note Discount Net
GainLossOfNoteDiscountNet
32000 USD
caas Handling Charge
HandlingCharge
549000 USD
caas Handling Charge
HandlingCharge
128000 USD
CY2008Q1 us-gaap Convertible Debt
ConvertibleDebt
35000000 USD
CY2008Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2013-02-15
caas Operational Profit From Component Of Discontinued Operations
OperationalProfitFromComponentOfDiscontinuedOperations
157000 USD
us-gaap Discontinued Operation Amount Of Other Income Loss From Disposition Of Discontinued Operation Net Of Tax
DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax
2494000 USD
CY2011Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
559000 USD
caas Decrease Due To Convertible Notes Conversion
DecreaseDueToConvertibleNotesConversion
1008000 USD
caas Derivative Financial Instruments Liabilities Fair Value Disclosure Loss Gain Adjustment
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosureLossGainAdjustment
449000 USD
caas Revenue From Component Of Discontinued Operations
RevenueFromComponentOfDiscontinuedOperations
7423000 USD
CY2012Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
0 USD
caas Pretax Profit From Component Of Discontinued Operations
PretaxProfitFromComponentOfDiscontinuedOperations
165000 USD
CY2012Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
20735000 USD
CY2012Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation Noncurrent
AssetsOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
6623000 USD
CY2012Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
27358000 USD
CY2012Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
16823000 USD
CY2012Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
0 USD
CY2012Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
16823000 USD
CY2012Q2 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
33800000 USD
CY2011Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
600000 USD
caas Ownership Interest Percentage
OwnershipInterestPercentage
0.51 pure
caas Purchases From Zhejiang
PurchasesFromZhejiang
400000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
8624000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
3404000 USD
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
19278 shares
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
578 shares
caas Net Income Loss Allocated To Convertible Note Holders
NetIncomeLossAllocatedToConvertibleNoteHolders
0 USD
caas Net Income Loss Allocated To Convertible Note Holders
NetIncomeLossAllocatedToConvertibleNoteHolders
925000 USD
caas Net Income Loss Attributable To Parent After Allocation To Convertible Note Holders Basic
NetIncomeLossAttributableToParentAfterAllocationToConvertibleNoteHoldersBasic
19544000 USD
caas Net Income Loss Attributable To Parent After Allocation To Convertible Note Holders Basic
NetIncomeLossAttributableToParentAfterAllocationToConvertibleNoteHoldersBasic
14732000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28043019 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28260302 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
10989 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1227 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28054008 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28261529 shares
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
4616000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
3203000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
19544000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
13082000 USD
caas Net Income Loss From Continued Operation Allocated To Convertible Note Holders
NetIncomeLossFromContinuedOperationAllocatedToConvertibleNoteHolders
0 USD
caas Net Income Loss From Continued Operation Allocated To Convertible Note Holders
NetIncomeLossFromContinuedOperationAllocatedToConvertibleNoteHolders
-773000 USD
CY2013Q3 caas Net Income Loss Attributable To Parent From Continuing Operations After Allocation To Convertible Note Holders Basic
NetIncomeLossAttributableToParentFromContinuingOperationsAfterAllocationToConvertibleNoteHoldersBasic
19544000 USD
CY2012Q3 caas Net Income Loss Attributable To Parent From Continuing Operations After Allocation To Convertible Note Holders Basic
NetIncomeLossAttributableToParentFromContinuingOperationsAfterAllocationToConvertibleNoteHoldersBasic
12309000 USD
caas Minimum Percentage Of Profit Allocated To Foreign Investment
MinimumPercentageOfProfitAllocatedToForeignInvestment
0.1 pure
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.227 pure
caas Registered Capital Percentage
RegisteredCapitalPercentage
0.5 pure
CY2013Q3 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
7177000 USD
CY2013Q3 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
2766000 USD
CY2013Q3 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
260000 USD
CY2013Q3 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
0 USD
CY2013Q3 caas Contractual Obligation Due After Fourth Year
ContractualObligationDueAfterFourthYear
0 USD
CY2013Q3 us-gaap Contractual Obligation
ContractualObligation
10203000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
10429000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
4400000 USD
CY2013Q3 caas Assets Sold To Related Parties
AssetsSoldToRelatedParties
9166000 USD
CY2012Q3 caas Assets Sold To Related Parties
AssetsSoldToRelatedParties
3021000 USD
caas Assets Sold To Related Parties
AssetsSoldToRelatedParties
26344000 USD
caas Assets Sold To Related Parties
AssetsSoldToRelatedParties
19407000 USD
CY2013Q3 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
11335000 USD
CY2012Q3 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
5287000 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
25906000 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
16739000 USD
CY2013Q3 us-gaap Due From Related Parties
DueFromRelatedParties
17850000 USD
CY2012Q4 us-gaap Due From Related Parties
DueFromRelatedParties
12393000 USD
CY2013Q3 caas Advances Payments From Related
AdvancesPaymentsFromRelated
2033000 USD
CY2012Q4 caas Advances Payments From Related
AdvancesPaymentsFromRelated
4941000 USD
CY2013Q3 caas Gain On Sale Of Idle Use Right And Plant Before Tax
GainOnSaleOfIdleUseRightAndPlantBeforeTax
4100000 USD
CY2013Q3 caas Selling Price Of Land Use Right And Plant
SellingPriceOfLandUseRightAndPlant
4600000 USD
CY2013Q3 caas Net Book Value Of Land Use Right And Plant
NetBookValueOfLandUseRightAndPlant
500000 USD
caas Percentage Owned In Holding Company To Avail Withholding Tax Of Five Percent
PercentageOwnedInHoldingCompanyToAvailWithholdingTaxOfFivePercent
0.25 pure
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.15 pure
caas Additional Tax Payable Percentage Subject To Residential Status
AdditionalTaxPayablePercentageSubjectToResidentialStatus
0.1 pure
caas Withholding Tax Percentage Applicable To Foreign Investors To Direct Holding Company
WithholdingTaxPercentageApplicableToForeignInvestorsToDirectHoldingCompany
0.05 pure
CY2013Q3 caas Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableGrantDateFairValue
200000 USD
CY2012Q3 caas Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableGrantDateFairValue
100000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
154200000 USD
CY2012 us-gaap Undistributed Earnings
UndistributedEarnings
124800000 USD
caas Tax Provision On Retained Earning Not Reinvested
TaxProvisionOnRetainedEarningNotReinvested
7700000 USD
CY2012 caas Tax Provision On Retained Earning Not Reinvested
TaxProvisionOnRetainedEarningNotReinvested
6200000 USD
caas Additional Tax Payable Subject To Residential Status
AdditionalTaxPayableSubjectToResidentialStatus
120000 USD
caas Additional Tax Payable Subject To Residential Status
AdditionalTaxPayableSubjectToResidentialStatus
240000 BRL
CY2013Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2013Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.153 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.178 pure
CY2012Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.169 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.185 pure
CY2008 caas Withholding Tax Percentage Applicable To Foreign Investors As Non Resident Enterprises
WithholdingTaxPercentageApplicableToForeignInvestorsAsNonResidentEnterprises
0.1 pure
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
28260302 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
28260302 shares
CY2013Q3 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
217283 shares
CY2012Q4 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
217283 shares
CY2013Q2 us-gaap Line Of Credit Facility Description
LineOfCreditFacilityDescription
LIBOR plus 2.0%
CY2013Q3 us-gaap Other Assets Held For Sale Current
OtherAssetsHeldForSaleCurrent
918000 USD
CY2012Q4 us-gaap Other Assets Held For Sale Current
OtherAssetsHeldForSaleCurrent
0 USD
CY2013Q3 us-gaap Area Of Land
AreaOfLand
136392 acre
CY2013Q3 us-gaap Land Available For Sale
LandAvailableForSale
13000000 USD
us-gaap Proceeds From Sale Of Land Held For Use
ProceedsFromSaleOfLandHeldForUse
4600000 USD
caas Gain On Sale Of Land Held For Sale
GainOnSaleOfLandHeldForSale
4100000 USD

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