2018 Q4 Form 10-Q Financial Statement

#000114420418058489 Filed on November 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $124.3M $112.1M $118.4M
YoY Change -13.5% -5.31% 25.09%
Cost Of Revenue $112.9M $96.72M $95.88M
YoY Change -11.31% 0.88% 28.45%
Gross Profit $11.40M $15.37M $22.49M
YoY Change -30.91% -31.67% 12.52%
Gross Profit Margin 9.17% 13.71% 19.0%
Selling, General & Admin $12.10M $3.708M $4.390M
YoY Change -1.63% -15.54% 17.35%
% of Gross Profit 106.14% 24.13% 19.52%
Research & Development $10.20M $6.957M $9.194M
YoY Change 3.03% -24.33% 36.75%
% of Gross Profit 89.47% 45.28% 40.89%
Depreciation & Amortization $3.230M $4.300M $3.000M
YoY Change -27.09% 43.33% -9.09%
% of Gross Profit 28.33% 27.98% 13.34%
Operating Expenses $22.30M $14.02M $18.12M
YoY Change 0.9% -22.64% 26.68%
Operating Profit -$10.90M $1.830M $4.919M
YoY Change 94.64% -62.8% -13.75%
Interest Expense -$300.0K $431.0K $318.0K
YoY Change 50.0% 35.53% 58.21%
% of Operating Profit 23.55% 6.46%
Other Income/Expense, Net $700.0K -$461.0K $100.0K
YoY Change 16.67% -561.0% -76.19%
Pretax Income -$9.600M $1.753M $5.728M
YoY Change 166.67% -69.4% -14.79%
Income Tax -$2.600M $326.0K $991.0K
% Of Pretax Income 18.6% 17.3%
Net Earnings -$3.200M $377.0K $5.059M
YoY Change -91.79% -92.55% -10.96%
Net Earnings / Revenue -2.57% 0.34% 4.27%
Basic Earnings Per Share $0.01 $0.16
Diluted Earnings Per Share -$101.3K $0.01 $0.16
COMMON SHARES
Basic Shares Outstanding 31.64M shares 31.64M shares 31.64M shares
Diluted Shares Outstanding 31.65M shares 31.64M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $103.9M $118.0M $79.20M
YoY Change 10.41% 48.99% 1.02%
Cash & Equivalents $86.35M $95.79M $55.38M
Short-Term Investments $17.50M $22.20M $23.80M
Other Short-Term Assets $35.09M $40.70M $82.20M
YoY Change -46.09% -50.49% 108.63%
Inventory $88.02M $87.77M $73.03M
Prepaid Expenses
Receivables $237.5M $232.1M $269.9M
Other Receivables $18.80M $17.50M $17.70M
Total Short-Term Assets $495.4M $496.1M $522.0M
YoY Change -6.98% -4.95% 10.66%
LONG-TERM ASSETS
Property, Plant & Equipment $129.9M $124.8M $115.3M
YoY Change 3.03% 8.26% 22.53%
Goodwill
YoY Change
Intangibles $605.0K $605.0K $512.0K
YoY Change -8.47% 18.16%
Long-Term Investments $32.60M $30.90M $25.30M
YoY Change 18.12% 22.13% 66.45%
Other Assets $32.60M $27.90M $29.40M
YoY Change 15.19% -5.1% 1.73%
Total Long-Term Assets $195.1M $185.8M $172.7M
YoY Change 5.58% 7.56% 22.34%
TOTAL ASSETS
Total Short-Term Assets $495.4M $496.1M $522.0M
Total Long-Term Assets $195.1M $185.8M $172.7M
Total Assets $690.5M $681.9M $694.7M
YoY Change -3.75% -1.84% 13.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $129.1M $126.4M $148.3M
YoY Change -17.46% -14.77% 11.0%
Accrued Expenses $47.03M $39.25M $32.88M
YoY Change 17.21% 19.37% 48.79%
Deferred Revenue $800.0K
YoY Change
Short-Term Debt $142.0M $7.400M $2.900M
YoY Change 47233.33% 155.17% -97.51%
Long-Term Debt Due $1.000M
YoY Change -79.59%
Total Short-Term Liabilities $341.3M $328.3M $354.8M
YoY Change -8.61% -7.46% 18.46%
LONG-TERM LIABILITIES
Long-Term Debt $300.0K $300.0K $0.00
YoY Change 0.0% -100.0%
Other Long-Term Liabilities $5.852M $39.80M $400.0K
YoY Change -82.32% 9850.0% -20.0%
Total Long-Term Liabilities $5.852M $40.10M $400.0K
YoY Change -82.48% 9925.0% -66.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $341.3M $328.3M $354.8M
Total Long-Term Liabilities $5.852M $40.10M $400.0K
Total Liabilities $385.7M $372.4M $355.1M
YoY Change -6.22% 4.87% 15.98%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $64.43M $64.41M $64.41M
YoY Change 0.04% 0.0% -0.34%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.953M $2.907M $2.907M
YoY Change 1.58% 0.0%
Treasury Stock Shares $711.7K 694.3K shares 694.3K shares
Shareholders Equity $285.9M $288.4M $333.4M
YoY Change
Total Liabilities & Shareholders Equity $690.5M $681.9M $694.7M
YoY Change -3.75% -1.84% 13.35%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income -$3.200M $377.0K $5.059M
YoY Change -91.79% -92.55% -10.96%
Depreciation, Depletion And Amortization $3.230M $4.300M $3.000M
YoY Change -27.09% 43.33% -9.09%
Cash From Operating Activities $3.520M $14.40M $19.71M
YoY Change -50.42% -26.94% 1.28%
INVESTING ACTIVITIES
Capital Expenditures -$1.650M -$7.000M -$9.010M
YoY Change -79.65% -22.31% 3.44%
Acquisitions
YoY Change
Other Investing Activities $6.400M $2.960M -$1.980M
YoY Change -43.11% -249.49% -71.35%
Cash From Investing Activities $4.740M -$4.040M -$10.99M
YoY Change 51.44% -63.24% -29.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.57M 29.05M 5.400M
YoY Change 614.21% 437.96% -325.0%
NET CHANGE
Cash From Operating Activities 3.520M 14.40M 19.71M
Cash From Investing Activities 4.740M -4.040M -10.99M
Cash From Financing Activities -13.57M 29.05M 5.400M
Net Change In Cash -5.310M 39.41M 14.12M
YoY Change -163.75% 179.11% 873.79%
FREE CASH FLOW
Cash From Operating Activities $3.520M $14.40M $19.71M
Capital Expenditures -$1.650M -$7.000M -$9.010M
Free Cash Flow $5.170M $21.40M $28.72M
YoY Change -66.01% -25.49% 1.95%

Facts In Submission

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us-gaap Selling General And Administrative Expense
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12574000 USD
us-gaap Selling General And Administrative Expense
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14027000 USD
us-gaap Research And Development Expense
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23349000 USD
us-gaap Research And Development Expense
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23666000 USD
us-gaap Operating Expenses
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49990000 USD
us-gaap Operating Expenses
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50853000 USD
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7008000 USD
us-gaap Operating Income Loss
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23220000 USD
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2188000 USD
CY2018Q3 caas Advance Payments For Property Plant And Equipment
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CY2017Q4 caas Advance Payments For Property Plant And Equipment
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9657000 USD
CY2018Q3 caas Advance Payments For Property Plant And Equipment Related Parties
AdvancePaymentsForPropertyPlantAndEquipmentRelatedParties
6566000 USD
CY2017Q4 caas Advance Payments For Property Plant And Equipment Related Parties
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5264000 USD
CY2018Q3 us-gaap Long Term Investments
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30874000 USD
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760000 USD
us-gaap Other Nonoperating Income Expense
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1647000 USD
us-gaap Interest Expense
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1193000 USD
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7068000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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23934000 USD
us-gaap Income Tax Expense Benefit
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1116000 USD
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IncomeTaxExpenseBenefit
4367000 USD
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us-gaap Income Loss From Equity Method Investments
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480000 USD
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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14148000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
34195000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
33376000 USD
us-gaap Revenues
Revenues
371884000 USD
us-gaap Revenues
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355333000 USD
us-gaap Cost Of Revenue
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317858000 USD
us-gaap Cost Of Revenue
CostOfRevenue
287156000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
95788000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
64558000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
26115000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
31535000 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
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14160000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12790000 USD
CY2018Q3 caas Advance Payments And Others Related Parties
AdvancePaymentsAndOthersRelatedParties
413000 USD
CY2017Q4 caas Advance Payments And Others Related Parties
AdvancePaymentsAndOthersRelatedParties
20841000 USD
CY2018Q3 us-gaap Assets Current
AssetsCurrent
496122000 USD
CY2017Q4 us-gaap Assets Current
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532603000 USD
CY2018Q3 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
1609000 USD
CY2017Q4 us-gaap Long Term Investments
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27596000 USD
CY2018Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
12680000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
13367000 USD
CY2018Q3 us-gaap Assets
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681936000 USD
CY2017Q4 us-gaap Assets
Assets
717369000 USD
CY2018Q3 caas Accounts And Notes Payable Related Parties Current
AccountsAndNotesPayableRelatedPartiesCurrent
4468000 USD
CY2017Q4 caas Accounts And Notes Payable Related Parties Current
AccountsAndNotesPayableRelatedPartiesCurrent
7168000 USD
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950000 USD
CY2017Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
1128000 USD
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7488000 USD
CY2017Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
8577000 USD
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39251000 USD
CY2017Q4 us-gaap Accrued Liabilities Current
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40127000 USD
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3587000 USD
CY2017Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
4051000 USD
CY2018Q3 us-gaap Taxes Payable Current
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8855000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
5927000 USD
CY2018Q3 us-gaap Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
316000 USD
CY2017Q4 us-gaap Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
343000 USD
CY2018Q3 caas Advances Payable Current
AdvancesPayableCurrent
363000 USD
CY2017Q4 caas Advances Payable Current
AdvancesPayableCurrent
383000 USD
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
328324000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
373463000 USD
CY2018Q3 us-gaap Long Term Loans Payable
LongTermLoansPayable
291000 USD
CY2017Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
306000 USD
CY2018Q3 caas Advance Payable Non Current
AdvancePayableNonCurrent
342000 USD
CY2017Q4 caas Advance Payable Non Current
AdvancePayableNonCurrent
359000 USD
CY2018Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4029000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4393000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
372428000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
411240000 USD
CY2018Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2018Q3 us-gaap Common Stock Value
CommonStockValue
3000 USD
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
3000 USD
CY2018Q3 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
214872000 USD
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
2907000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2907000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
288431000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q3 us-gaap Minority Interest
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CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
309508000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
306129000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
681936000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
717369000 USD
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caas Increase Decrease In Allowance For Doubtful Accounts
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us-gaap Inventory Write Down
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4971000 USD
us-gaap Inventory Write Down
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4436000 USD
us-gaap Deferred Income Tax Expense Benefit
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us-gaap Profit Loss
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5406000 USD
us-gaap Profit Loss
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20047000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13590000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10933000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
378000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
5228000 USD
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OtherLongTermDebtNoncurrent
9568000 USD
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OtherLongTermDebtNoncurrent
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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480000 USD
us-gaap Gain Loss On Disposition Of Assets
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us-gaap Gain Loss On Disposition Of Assets
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2204000 USD
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1604000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1527000 USD
us-gaap Increase Decrease In Inventories
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18220000 USD
us-gaap Increase Decrease In Inventories
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6441000 USD
caas Increase Decrease In Accounts And Notes Payable
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caas Increase Decrease In Accounts And Notes Payable
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us-gaap Increase Decrease In Customer Deposits
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-148000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
158000 USD
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us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
182000 USD
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3513000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-6216000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
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us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
443000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
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807000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
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us-gaap Net Cash Provided By Used In Operating Activities
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9007000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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41797000 USD
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us-gaap Increase Decrease In Other Receivables
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263000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
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2351000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Investments
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us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
25017000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
26793000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
33749000 USD
us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
0 USD
us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
29044000 USD
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
20430000 USD
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
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0 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Repayments Of Debt
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67938000 USD
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
69635000 USD
us-gaap Repayments Of Bank Debt
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69025000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
39271000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23694000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30364000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4603000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2859000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
25811000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
24566000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
96093000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61891000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121904000 USD
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86457000 USD
us-gaap Payments To Acquire Longterm Investments
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us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
5836000 USD
us-gaap Payments To Acquire Equity Method Investments
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5957000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
7629000 USD
us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
11758000 USD
us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2181000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
us-gaap Interest Paid Net
InterestPaidNet
706000 USD
us-gaap Interest Paid Net
InterestPaidNet
573000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
731000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
4343000 USD
caas Property Plant Equipment Value Recorded For Which Advance Paid
PropertyPlantEquipmentValueRecordedForWhichAdvancePaid
11666000 USD
caas Property Plant Equipment Value Recorded For Which Advance Paid
PropertyPlantEquipmentValueRecordedForWhichAdvancePaid
12331000 USD
caas Account Payable For Acquiring Property Plant And Equipment
AccountPayableForAcquiringPropertyPlantAndEquipment
614000 USD
caas Account Payable For Acquiring Property Plant And Equipment
AccountPayableForAcquiringPropertyPlantAndEquipment
890000 USD
caas Dividends Payable To Noncontrolling Interests
DividendsPayableToNoncontrollingInterests
0 USD
caas Dividends Payable To Noncontrolling Interests
DividendsPayableToNoncontrollingInterests
621000 USD
CY2018Q3 us-gaap Short Term Investments
ShortTermInvestments
22241000 USD
CY2017Q4 us-gaap Short Term Investments
ShortTermInvestments
29587000 USD
CY2017Q4 us-gaap Time Deposits
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13000000 CNY
CY2017Q4 us-gaap Time Deposits
TimeDeposits
1900000 USD
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140750000 USD
CY2017Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
166889000 USD
CY2018Q3 us-gaap Notes Receivable Gross
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92631000 USD
CY2017Q4 us-gaap Notes Receivable Gross
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109183000 USD
CY2018Q3 caas Accounts And Notes Receivable Gross
AccountsAndNotesReceivableGross
233381000 USD
CY2017Q4 caas Accounts And Notes Receivable Gross
AccountsAndNotesReceivableGross
276072000 USD
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1267000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1083000 USD
CY2018Q3 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
232114000 USD
CY2017Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
274989000 USD
CY2018Q3 caas Accounts And Notes Receivable Net Related Parties
AccountsAndNotesReceivableNetRelatedParties
17522000 USD
CY2017Q4 caas Accounts And Notes Receivable Net Related Parties
AccountsAndNotesReceivableNetRelatedParties
19086000 USD
CY2018Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
249636000 USD
CY2017Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
294075000 USD
CY2018Q3 us-gaap Notes Receivable Net
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42200000 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
39600000 USD
us-gaap Provision For Doubtful Accounts
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300000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
100000 USD
CY2018Q3 caas Advance Payments And Others To Unrelated Parties Gross
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15120000 USD
CY2017Q4 caas Advance Payments And Others To Unrelated Parties Gross
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13801000 USD
CY2018Q3 caas Allowance For Doubtful Accounts Payable
AllowanceForDoubtfulAccountsPayable
960000 USD
CY2017Q4 caas Allowance For Doubtful Accounts Payable
AllowanceForDoubtfulAccountsPayable
1011000 USD
CY2018Q3 caas Advance Payments And Others To Unrelated Parties
AdvancePaymentsAndOthersToUnrelatedParties
14160000 USD
CY2017Q4 caas Advance Payments And Others To Unrelated Parties
AdvancePaymentsAndOthersToUnrelatedParties
12790000 USD
CY2018Q3 us-gaap Due From Related Parties
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413000 USD
CY2017Q4 us-gaap Due From Related Parties
DueFromRelatedParties
20841000 USD
CY2018Q3 caas Advance Payments And Others
AdvancePaymentsAndOthers
14573000 USD
CY2017Q4 caas Advance Payments And Others
AdvancePaymentsAndOthers
33631000 USD
CY2018Q3 us-gaap Inventory Raw Materials
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23385000 USD
CY2017Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
20033000 USD
CY2018Q3 us-gaap Inventory Work In Process
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18641000 USD
CY2017Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
17951000 USD
CY2018Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
45743000 USD
CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
41233000 USD
CY2018Q3 us-gaap Inventory Net
InventoryNet
87769000 USD
us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
3400000 USD
us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
4400000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
79217000 USD
CY2018Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
556000 USD
CY2017Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
585000 USD
CY2014Q2 us-gaap Loans Assumed1
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7500000 USD
caas Income From Investment Of Affiliates
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500000 USD
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
266281000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
262152000 USD
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
141458000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
136119000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
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124823000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
126033000 USD
CY2018Q3 us-gaap Pledged Assets Separately Reported Loans Pledged For Other Debt Obligations At Fair Value
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59000000 USD
CY2017Q4 us-gaap Pledged Assets Separately Reported Loans Pledged For Other Debt Obligations At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedForOtherDebtObligationsAtFairValue
57800000 USD
CY2018Q3 us-gaap Depreciation
Depreciation
4300000 USD
CY2017Q3 us-gaap Depreciation
Depreciation
3000000 USD
us-gaap Depreciation
Depreciation
12000000 USD
us-gaap Depreciation
Depreciation
10700000 USD
CY2018Q3 us-gaap Interest Costs Capitalized
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200000 USD
CY2017Q3 us-gaap Interest Costs Capitalized
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200000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
600000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
500000 USD
CY2018Q3 us-gaap Finite Lived Patents Gross
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2003000 USD
CY2017Q4 us-gaap Finite Lived Patents Gross
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2108000 USD
CY2018Q3 us-gaap Capitalized Computer Software Gross
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1501000 USD
CY2017Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1441000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3504000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3549000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2899000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2888000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
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0.055 pure
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11600000 CNY
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20000000 CNY
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2900000 USD
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AccountsPayableUnrelatedParties
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CY2018Q3 us-gaap Due To Related Parties Current And Noncurrent
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0 USD
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5851000 USD
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StandardProductWarrantyAccrualPayments
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-1127000 USD
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StandardProductWarrantyAccrual
27813000 USD
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StandardProductWarrantyAccrual
20851000 USD
CY2018Q3 caas Advances Payable
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300000 USD
CY2017Q4 caas Advances Payable
AdvancesPayable
700000 USD
CY2018Q1 us-gaap Cash
Cash
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us-gaap Cumulative Effect On Retained Earnings Tax1
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us-gaap Cumulative Effect On Retained Earnings Tax1
CumulativeEffectOnRetainedEarningsTax1
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CumulativeEffectOnRetainedEarningsTax1
158000 USD
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0.1584 pure
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29033000 USD
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StandardProductWarrantyAccrual
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14877000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
11182000 USD
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StandardProductWarrantyAccrualWarrantiesIssued
23354000 USD
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StandardProductWarrantyAccrualPayments
14557000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
15423000 USD
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StandardProductWarrantyAccrualPayments
22034000 USD
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-1540000 USD
us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
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-1133000 USD
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StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
1488000 USD
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SalesAndExciseTaxPayableCurrent
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AccruedIncomeTaxesCurrent
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462000 USD
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664000 USD
CY2018Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
29874000 USD
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AccruedIncomeTaxesNoncurrent
32719000 USD
CY2018Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
38729000 USD
CY2017Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
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CY2018Q3 caas Onetime Transition Tax Payablecurrent
OnetimeTransitionTaxPayablecurrent
5700000 USD
CY2017Q4 caas Onetime Transition Tax Payablecurrent
OnetimeTransitionTaxPayablecurrent
2800000 USD
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
130000000 CNY
CY2017 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
19900000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-461000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
100000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
169000 USD
CY2018Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
8207000 USD
CY2017Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
7563000 USD
CY2018Q3 us-gaap Related Party Costs
RelatedPartyCosts
4659000 USD
CY2017Q3 us-gaap Related Party Costs
RelatedPartyCosts
6549000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
29909000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
25684000 USD
us-gaap Related Party Costs
RelatedPartyCosts
20336000 USD
us-gaap Related Party Costs
RelatedPartyCosts
20195000 USD
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
32338302 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
32338302 shares
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
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CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
694298 shares
us-gaap Payments Of Dividends Minority Interest
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524000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
us-gaap Share Based Compensation
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0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
100000 USD
caas Income From Investment Of Affiliates
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500000 USD
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
2000000 CNY
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
300000 USD
CY2017Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0475 pure
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
29182000 USD
CY2018Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
50000000 CNY
CY2018Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
7300000 USD
CY2018Q3 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
51000000 CNY
CY2018Q3 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
7400000 USD
CY2018Q3 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
26100000 CNY
CY2018Q3 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3800000 USD
CY2016Q3 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0499 pure
caas Description Of With Holding Tax Rate On Dividend
DescriptionOfWithHoldingTaxRateOnDividend
According to the Mainland China and Hong Kong Taxation Arrangement, dividends paid by a foreign-invested enterprise in China to its direct holding company in Hong Kong would be subject to withholding tax at a rate of 10% if Genesis could not obtain the Hong Kong tax resident certificate from the Hong Kong Inland Revenue Department. If Genesis obtains the Hong Kong tax resident certificate, owns directly at least 25% of the shares of the foreign invested enterprise and is qualified as the beneficial owner, it could benefit from a lower rate of 5%.
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
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us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.548 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0179 pure
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00000 pure
caas Stock Option Issuance Date
StockOptionIssuanceDate
2017-08-16
CY2017Q4 caas Onetime Transition Tax Payablenoncurren
OnetimeTransitionTaxPayablenoncurren
35600000 USD
CY2018Q2 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1000000 USD
CY2018Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
170000000 CNY
CY2018Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
24700000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
5000000 USD
CY2017Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0393 pure
CY2016Q3 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
32500000 CNY

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