2021 Q4 Form 10-K Financial Statement

#000141057822000626 Filed on March 30, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $138.8M $498.0M $146.5M
YoY Change -5.24% 19.24% 26.4%
Cost Of Revenue $119.1M $425.9M $123.7M
YoY Change -3.71% 17.56% 24.82%
Gross Profit $19.71M $72.08M $22.80M
YoY Change -13.55% 30.25% 35.71%
Gross Profit Margin 14.2% 14.47% 15.56%
Selling, General & Admin $10.99M $24.42M $19.90M
YoY Change -44.76% -11.45% 93.2%
% of Gross Profit 55.77% 33.88% 87.28%
Research & Development $9.910M $28.23M $8.300M
YoY Change 19.4% 9.74% -3.49%
% of Gross Profit 50.28% 39.16% 36.4%
Depreciation & Amortization $7.427M $27.11M $6.120M
YoY Change 21.36% 22.92% 27.5%
% of Gross Profit 37.68% 37.62% 26.84%
Operating Expenses $20.90M $70.93M $28.20M
YoY Change -25.88% 4.6% 48.42%
Operating Profit -$1.192M $5.518M -$5.400M
YoY Change -77.93% -167.71% 145.45%
Interest Expense -$1.962M $1.437M -$2.300M
YoY Change -14.7% -9.74% 130.0%
% of Operating Profit 26.04%
Other Income/Expense, Net $977.0K $6.668M $700.0K
YoY Change 39.57% 173.5% -22.22%
Pretax Income -$337.0K $8.399M -$5.700M
YoY Change -94.09% -168.84% 185.0%
Income Tax $724.0K $4.004M $1.900M
% Of Pretax Income 47.67%
Net Earnings $4.961M $11.05M -$3.200M
YoY Change -255.03% -321.89% -288.24%
Net Earnings / Revenue 3.57% 2.22% -2.18%
Basic Earnings Per Share $0.36
Diluted Earnings Per Share $160.8K $0.36 -$103.9K
COMMON SHARES
Basic Shares Outstanding 30.85M 30.85M
Diluted Shares Outstanding 30.86M

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $133.5M $133.5M $107.4M
YoY Change 24.26% 24.26% 30.18%
Cash & Equivalents $131.7M $131.7M $97.25M
Short-Term Investments $1.756M $1.756M $10.10M
Other Short-Term Assets $15.05M $41.10M $637.0K
YoY Change 2262.95% -10.26% -98.51%
Inventory $116.5M $116.5M $88.33M
Prepaid Expenses
Receivables $210.3M $210.3M $216.5M
Other Receivables $0.00 $0.00 $17.60M
Total Short-Term Assets $501.4M $501.4M $475.7M
YoY Change 5.41% 5.4% 7.79%
LONG-TERM ASSETS
Property, Plant & Equipment $127.7M $138.6M $141.0M
YoY Change -9.42% -8.82% -6.74%
Goodwill
YoY Change
Intangibles $1.800M $1.700M
YoY Change 5.88%
Long-Term Investments $45.10M $45.10M $54.50M
YoY Change -17.25% -17.25% 37.63%
Other Assets $39.96M $29.52M $2.759M
YoY Change 1348.46% 25.62% -89.51%
Total Long-Term Assets $215.4M $215.4M $231.9M
YoY Change -7.12% -7.12% 5.94%
TOTAL ASSETS
Total Short-Term Assets $501.4M $501.4M $475.7M
Total Long-Term Assets $215.4M $215.4M $231.9M
Total Assets $716.8M $716.8M $707.6M
YoY Change 1.3% 1.29% 7.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $146.1M $146.1M $145.1M
YoY Change 0.66% 0.66% 24.34%
Accrued Expenses $50.33M $17.22M $55.61M
YoY Change -9.49% -24.5% 207.22%
Deferred Revenue $2.400M $1.500M
YoY Change 60.0%
Short-Term Debt $129.6M $129.6M $80.20M
YoY Change 61.58% 11.04% 14.74%
Long-Term Debt Due $1.115M $1.115M $44.20M
YoY Change -97.48% -85.52% -5.15%
Total Short-Term Liabilities $351.8M $351.8M $354.5M
YoY Change -0.75% -0.76% 16.68%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $6.430M $23.13M $8.151M
YoY Change -21.11% -19.98% -76.97%
Total Long-Term Liabilities $6.430M $23.13M $8.151M
YoY Change -21.11% -19.98% -80.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $351.8M $351.8M $354.5M
Total Long-Term Liabilities $6.430M $23.13M $8.151M
Total Liabilities $379.3M $395.7M $387.6M
YoY Change -2.15% -2.12% 4.54%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $63.73M $64.28M
YoY Change -0.84% -0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.261M $5.261M
YoY Change 0.0%
Treasury Stock Shares $1.487M $1.487M
Shareholders Equity $321.0M $321.0M $303.2M
YoY Change
Total Liabilities & Shareholders Equity $716.8M $716.8M $707.6M
YoY Change 1.3% 1.29% 7.17%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $4.961M $11.05M -$3.200M
YoY Change -255.03% -321.89% -288.24%
Depreciation, Depletion And Amortization $7.427M $27.11M $6.120M
YoY Change 21.36% 22.92% 27.5%
Cash From Operating Activities $34.14M $28.27M $4.690M
YoY Change 627.89% -50.77% -82.11%
INVESTING ACTIVITIES
Capital Expenditures -$4.053M $9.260M -$7.270M
YoY Change -44.25% -41.48% -33.3%
Acquisitions
YoY Change
Other Investing Activities $9.204M $12.87M $17.32M
YoY Change -46.86% -278.93% -12471.43%
Cash From Investing Activities $5.151M $2.963M $10.06M
YoY Change -48.8% -112.47% -191.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.901M -3.119M -5.340M
YoY Change -154.33% -84.27% -57.45%
NET CHANGE
Cash From Operating Activities 34.14M 28.27M 4.690M
Cash From Investing Activities 5.151M 2.963M 10.06M
Cash From Financing Activities 2.901M -3.119M -5.340M
Net Change In Cash 42.19M 31.44M 9.410M
YoY Change 348.35% 45.16% 259.16%
FREE CASH FLOW
Cash From Operating Activities $34.14M $28.27M $4.690M
Capital Expenditures -$4.053M $9.260M -$7.270M
Free Cash Flow $38.19M $19.01M $11.96M
YoY Change 219.32% -54.3% -67.78%

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CY2021 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
28000
CY2020 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
9000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
11050000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-4980000
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30851776
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31077196
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30855431
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31077196
CY2021 us-gaap Profit Loss
ProfitLoss
10726000
CY2020 us-gaap Profit Loss
ProfitLoss
-10271000
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
7784000
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
22386000
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
18510000
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
12115000
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
128000
CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-3789000
CY2021 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
28000
CY2020 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
9000
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18354000
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15895000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
321034000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
303222000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
336888000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
319392000
CY2021 us-gaap Profit Loss
ProfitLoss
10726000
CY2020 us-gaap Profit Loss
ProfitLoss
-10271000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
88000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
0
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27113000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22057000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4020000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2205000
CY2021 caas Increase Decrease In Allowance For Doubtful Accounts
IncreaseDecreaseInAllowanceForDoubtfulAccounts
-2738000
CY2020 caas Increase Decrease In Allowance For Doubtful Accounts
IncreaseDecreaseInAllowanceForDoubtfulAccounts
-6238000
CY2021 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
6331000
CY2020 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
4092000
CY2021 caas Government Subsidy Reclassified From Advances Payable
GovernmentSubsidyReclassifiedFromAdvancesPayable
1253000
CY2020 caas Government Subsidy Reclassified From Advances Payable
GovernmentSubsidyReclassifiedFromAdvancesPayable
0
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-389000
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-129000
CY2021 caas Government Subsidy Reclassified From Government Loans
GovernmentSubsidyReclassifiedFromGovernmentLoans
0
CY2020 caas Government Subsidy Reclassified From Government Loans
GovernmentSubsidyReclassifiedFromGovernmentLoans
287000
CY2021 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-26560000
CY2020 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-7295000
CY2021 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1439000
CY2020 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1176000
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
25684000
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
109000
CY2021 caas Increase Decrease In Accounts And Notes Payable
IncreaseDecreaseInAccountsAndNotesPayable
-2801000
CY2020 caas Increase Decrease In Accounts And Notes Payable
IncreaseDecreaseInAccountsAndNotesPayable
27248000
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
870000
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
93000
CY2021 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
-2721000
CY2020 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
1073000
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4081000
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7069000
CY2021 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-4501000
CY2020 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-3474000
CY2021 caas Increase Or Decrease In Advance Payable
IncreaseOrDecreaseInAdvancePayable
1700000
CY2020 caas Increase Or Decrease In Advance Payable
IncreaseOrDecreaseInAdvancePayable
502000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
28271000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
57426000
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
63478000
CY2020 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
60055000
CY2021 us-gaap Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
-69351000
CY2020 us-gaap Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
-53393000
CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
171000
CY2020 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-165000
CY2021 us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
0
CY2020 us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
151000
CY2021 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
154000
CY2020 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
0
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
150000
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1495000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9260000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15825000
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
642000
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
741000
CY2021 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
20621000
CY2020 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
3322000
CY2021 caas Increase Decrease In Equity Method Investments
IncreaseDecreaseInEquityMethodInvestments
308000
CY2020 caas Increase Decrease In Equity Method Investments
IncreaseDecreaseInEquityMethodInvestments
5360000
CY2021 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
13454000
CY2020 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2963000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23757000
CY2021 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
53209000
CY2020 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
39813000
CY2021 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
50803000
CY2020 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
53046000
CY2021 caas Payments To Broker Agents For Repurchase Of Common Stock
PaymentsToBrokerAgentsForRepurchaseOfCommonStock
0
CY2020 caas Payments To Broker Agents For Repurchase Of Common Stock
PaymentsToBrokerAgentsForRepurchaseOfCommonStock
2990000
CY2021 caas Repayments Of Borrowing For Sale And Leaseback Transactions
RepaymentsOfBorrowingForSaleAndLeasebackTransactions
4450000
CY2020 caas Repayments Of Borrowing For Sale And Leaseback Transactions
RepaymentsOfBorrowingForSaleAndLeasebackTransactions
4163000
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
88000
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1075000
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
81000
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
722000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3119000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-19833000
CY2021 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
3323000
CY2020 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
7822000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31438000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
21658000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
128061000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
106403000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
159499000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
128061000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1843000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
2751000
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
3398000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
3229000
CY2021 caas Property Plant Equipment Value Recorded For Which Advance Paid
PropertyPlantEquipmentValueRecordedForWhichAdvancePaid
8543000
CY2020 caas Property Plant Equipment Value Recorded For Which Advance Paid
PropertyPlantEquipmentValueRecordedForWhichAdvancePaid
11838000
CY2021 caas Account Payable For Acquiring Property Plant And Equipment
AccountPayableForAcquiringPropertyPlantAndEquipment
1510000
CY2020 caas Account Payable For Acquiring Property Plant And Equipment
AccountPayableForAcquiringPropertyPlantAndEquipment
2024000
CY2021 caas Accounts Receivable In Exchange For Short Term Investments
AccountsReceivableInExchangeForShortTermInvestments
0
CY2020 caas Accounts Receivable In Exchange For Short Term Investments
AccountsReceivableInExchangeForShortTermInvestments
223000
CY2017Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.1584
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Use of Estimates</i> - The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. The Company is of the opinion that the significant estimates related to valuation of long term assets and investment, the realizable value of accounts receivable and inventories, the accrual of warranty obligations and the recoverability of deferred tax assets. Actual results could differ from those estimates.</p>
CY2021Q4 caas Accounts And Financing Receivable Allowance For Credit Loss Current
AccountsAndFinancingReceivableAllowanceForCreditLossCurrent
12900000
CY2021Q4 caas Accounts And Financing Receivable Allowance For Credit Loss Noncurrent
AccountsAndFinancingReceivableAllowanceForCreditLossNoncurrent
500000
CY2021 caas Rights Of Use Land Pledged With Net Book Value
RightsOfUseLandPledgedWithNetBookValue
5700000
CY2020 caas Rights Of Use Land Pledged With Net Book Value
RightsOfUseLandPledgedWithNetBookValue
5700000
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
500000
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
900000
CY2021 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Product Warranties</i> - The Company provides for the estimated cost of product warranties when the products are sold. Such estimates of product warranties were based on, among other things, historical experience, product changes, material expenses, service and transportation expenses arising from the manufactured product. Estimates will be adjusted on the basis of actual claims and circumstances.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">For the years ended December 31, 2021 and 2020, the warranties activities were as follows (figures are in thousands of USD):</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:75.35%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:75.35%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;"> </b><span style="font-weight:bold;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td colspan="5" style="vertical-align:bottom;white-space:nowrap;width:22.3%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">Year Ended December 31, </b></p></td></tr><tr><td style="vertical-align:bottom;width:75.35%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;"> </b><span style="font-weight:bold;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;">    </p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:9.98%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">2021</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;">    </p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:9.98%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">2020</b></p></td></tr><tr><td style="vertical-align:top;width:75.35%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Balance at the beginning of year</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0.05pt 0pt;"> 36,215</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0.05pt 0pt;"> 32,907</p></td></tr><tr><td style="vertical-align:top;width:75.35%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Additions during the year</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0.05pt 0pt;"> 13,917</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0.05pt 0pt;"> 17,801</p></td></tr><tr><td style="vertical-align:top;width:75.35%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Settlement within the year</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;"> (14,427)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;"> (16,859)</p></td></tr><tr><td style="vertical-align:top;width:75.35%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Foreign currency translation loss</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0.05pt 0pt;"> 867</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0.05pt 0pt;"> 2,366</p></td></tr><tr><td style="vertical-align:top;width:75.35%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Balance at end of year</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0.05pt 0pt;"> 36,572</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.34%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.46%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.51%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0.05pt 0pt;"> 36,215</p></td></tr></table>
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
36215000
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
32907000
CY2021 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
13917000
CY2020 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
17801000
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
14427000
CY2020 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
16859000
CY2021 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
867000
CY2020 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
2366000
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
36572000
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
36215000
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Concentration of Credit Risk</i> - Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of trade accounts receivable.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">In 2021, the Company’s five largest customers accounted for 44.8% of the Company’s consolidated sales, with one customer accounting for more than 10% of consolidated sales (i.e., 21.2% of consolidated sales, which comprised a total of $105.6 million in sales included in the Hubei Henglong segment (Note 27)).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">In 2020, the Company's five largest customers accounted for 47.1% of the Company's consolidated sales, with one customer accounting for more than 10% of consolidated sales (i.e., 23.6% of consolidated sales, which comprised a total of $98.5 million in sales included in the Hubei Henglong segment (Note 27)).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">At December 31, 2021 and 2020, approximately 7.7% and 9.4% of accounts receivable were from trade transactions with the aforementioned customer (accounting for more than 10% of consolidated sales).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">The Company performs ongoing credit evaluations with respect to the financial condition of its debtors, but does not require collateral. It records a provision for doubtful accounts to cover probable credit losses. Management reviews and adjusts this allowance periodically based on historical experience, current economic conditions, supportable forecasts of future economic conditions and other factors for evaluation of the collectability of outstanding accounts receivable.</p>
CY2021Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0449
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y
CY2021Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1700000
CY2020Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
9900000
CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
146362000
CY2020Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
141018000
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
61328000
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
85354000
CY2021Q4 caas Accounts And Notes Receivable Gross
AccountsAndNotesReceivableGross
207690000
CY2020Q4 caas Accounts And Notes Receivable Gross
AccountsAndNotesReceivableGross
226372000
CY2021Q4 caas Accounts And Notes Receivable Unrelated Parties Allowance For Doubtful Accounts
AccountsAndNotesReceivableUnrelatedPartiesAllowanceForDoubtfulAccounts
11961000
CY2020Q4 caas Accounts And Notes Receivable Unrelated Parties Allowance For Doubtful Accounts
AccountsAndNotesReceivableUnrelatedPartiesAllowanceForDoubtfulAccounts
9853000
CY2021Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
195729000
CY2020Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
216519000
CY2021Q4 caas Accounts And Notes Receivable Gross Related Parties
AccountsAndNotesReceivableGrossRelatedParties
15505000
CY2020Q4 caas Accounts And Notes Receivable Gross Related Parties
AccountsAndNotesReceivableGrossRelatedParties
17622000
CY2021Q4 caas Accounts And Notes Receivable Related Parties Allowance For Doubtful Accounts
AccountsAndNotesReceivableRelatedPartiesAllowanceForDoubtfulAccounts
898000
CY2020Q4 caas Accounts And Notes Receivable Related Parties Allowance For Doubtful Accounts
AccountsAndNotesReceivableRelatedPartiesAllowanceForDoubtfulAccounts
1000
CY2021Q4 caas Accounts And Notes Receivable Net Related Parties
AccountsAndNotesReceivableNetRelatedParties
14607000
CY2020Q4 caas Accounts And Notes Receivable Net Related Parties
AccountsAndNotesReceivableNetRelatedParties
17621000
CY2021Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
210336000
CY2020Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
234140000
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
0
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
8200000
CY2021Q4 caas Notes Receivable Pledged As Collateral
NotesReceivablePledgedAsCollateral
18200000
CY2020Q4 caas Notes Receivable Pledged As Collateral For Notes Payable
NotesReceivablePledgedAsCollateralForNotesPayable
5500000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
9854000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2379000
CY2020 caas Cummulative Effect On Adoption Of Topic326 Allowance For Doubtful Accounts And Financing Receivables
CummulativeEffectOnAdoptionOfTopic326AllowanceForDoubtfulAccountsAndFinancingReceivables
1049000
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2774000
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
6278000
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
24000
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
94000
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
255000
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
242000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
12859000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
9854000
CY2021 caas Provision For Doubtful Accounts And Notes Receivable
ProvisionForDoubtfulAccountsAndNotesReceivable
6600000
CY2020 caas Provision For Doubtful Accounts And Notes Receivable
ProvisionForDoubtfulAccountsAndNotesReceivable
6400000
CY2021Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
6066000
CY2020Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
5993000
CY2021Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
3433000
CY2020Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
4233000
CY2021Q4 caas Prepayment For Share Repurchase Program
PrepaymentForShareRepurchaseProgram
1238000
CY2020Q4 caas Prepayment For Share Repurchase Program
PrepaymentForShareRepurchaseProgram
2138000
CY2021Q4 us-gaap Prepaid Taxes
PrepaidTaxes
1366000
CY2020Q4 us-gaap Prepaid Taxes
PrepaidTaxes
1486000
CY2021Q4 us-gaap Due From Employees Current
DueFromEmployeesCurrent
641000
CY2020Q4 us-gaap Due From Employees Current
DueFromEmployeesCurrent
564000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
607000
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
637000
CY2021Q4 caas Prepaid Expense And Other Assets Related And Unrelated Parties Gross Current
PrepaidExpenseAndOtherAssetsRelatedAndUnrelatedPartiesGrossCurrent
13351000
CY2020Q4 caas Prepaid Expense And Other Assets Related And Unrelated Parties Gross Current
PrepaidExpenseAndOtherAssetsRelatedAndUnrelatedPartiesGrossCurrent
15051000
CY2021Q4 caas Prepaid Expense And Other Assets Related And Unrelated Parties Allowance For Doubtful Accounts Current
PrepaidExpenseAndOtherAssetsRelatedAndUnrelatedPartiesAllowanceForDoubtfulAccountsCurrent
55000
CY2020Q4 caas Prepaid Expense And Other Assets Related And Unrelated Parties Allowance For Doubtful Accounts Current
PrepaidExpenseAndOtherAssetsRelatedAndUnrelatedPartiesAllowanceForDoubtfulAccountsCurrent
58000
CY2021Q4 caas Prepaid Expense And Other Assets Related And Unrelated Parties Net Current
PrepaidExpenseAndOtherAssetsRelatedAndUnrelatedPartiesNetCurrent
13296000
CY2020Q4 caas Prepaid Expense And Other Assets Related And Unrelated Parties Net Current
PrepaidExpenseAndOtherAssetsRelatedAndUnrelatedPartiesNetCurrent
14993000
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
33583000
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
24367000
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
9415000
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
10098000
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
73495000
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
53860000
CY2021Q4 us-gaap Inventory Net
InventoryNet
116493000
CY2020Q4 us-gaap Inventory Net
InventoryNet
88325000
CY2021 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
4700000
CY2020 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
5000000.0
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
341390000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
326676000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
213669000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
185672000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
127721000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
141004000
CY2021 us-gaap Depreciation
Depreciation
26100000
CY2020 us-gaap Depreciation
Depreciation
21400000
CY2021Q4 us-gaap Pledged Assets Separately Reported Loans Pledged For Other Debt Obligations At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedForOtherDebtObligationsAtFairValue
54700000
CY2020Q4 us-gaap Pledged Assets Separately Reported Loans Pledged For Other Debt Obligations At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedForOtherDebtObligationsAtFairValue
66100000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1812000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1730000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
600000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000
CY2021Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
2598000
CY2020Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
2215000
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
3994000
CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
3564000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6592000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5779000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4780000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4049000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
606000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
563000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
310000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
187000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
72000
CY2021Q4 us-gaap Long Term Investments
LongTermInvestments
36966000
CY2020Q4 us-gaap Long Term Investments
LongTermInvestments
49766000
CY2021 caas Income From Investment Of Affiliates
IncomeFromInvestmentOfAffiliates
6300000
CY2020 caas Income From Investment Of Affiliates
IncomeFromInvestmentOfAffiliates
4100000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
2559000
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
2727000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
13058000
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
12491000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
8679000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
7930000
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
7760000
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
5246000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
26000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
18000
CY2021Q4 caas Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Bonus
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsBonus
106000
CY2020Q4 caas Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Bonus
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsBonus
567000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
1101000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
1453000
CY2021Q4 caas Deferred Tax Assets Temporary Difference On Revenue Recognition
DeferredTaxAssetsTemporaryDifferenceOnRevenueRecognition
879000
CY2020Q4 caas Deferred Tax Assets Temporary Difference On Revenue Recognition
DeferredTaxAssetsTemporaryDifferenceOnRevenueRecognition
1551000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
983000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
2350000
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
35151000
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
34333000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
22788000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
18155000
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
12363000
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
16178000
CY2021Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
4380000
CY2020Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
4280000
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2249000
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2332000
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
6629000
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
6612000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
22800000
CY2021Q4 us-gaap Deferred Income Tax Assets Net
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10114000
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
13846000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4380000
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4280000
CY2020Q4 caas Long Term Government Loan
LongTermGovernmentLoan
7663000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
18155000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10630000
CY2021 caas Provision For Valuation Allowance
ProvisionForValuationAllowance
4468000
CY2020 caas Provision For Valuation Allowance
ProvisionForValuationAllowance
7172000
CY2021 caas Valuation Allowance Recoveries
ValuationAllowanceRecoveries
247000
CY2020 caas Valuation Allowance Recoveries
ValuationAllowanceRecoveries
183000
CY2021 caas Valuation Allowance Foreign Currency Translation
ValuationAllowanceForeignCurrencyTranslation
412000
CY2020 caas Valuation Allowance Foreign Currency Translation
ValuationAllowanceForeignCurrencyTranslation
536000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
22788000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
18155000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16312000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2759000
CY2020Q4 caas Current Portion Of Long Term Government Loan
CurrentPortionOfLongTermGovernmentLoan
7663000
CY2021Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
47592000
CY2020Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
44238000
CY2020Q4 caas Current Portion Of Long Term Government Loan
CurrentPortionOfLongTermGovernmentLoan
7663000
CY2021Q4 caas Total Bank And Government Loan
TotalBankAndGovernmentLoan
47592000
CY2020Q4 caas Total Bank And Government Loan
TotalBankAndGovernmentLoan
44238000
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
47600000
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
36600000
CY2021Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.035
CY2020Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.037
CY2021Q4 caas Accounts Payable Unrelated Parties
AccountsPayableUnrelatedParties
132593000
CY2020Q4 caas Accounts Payable Unrelated Parties
AccountsPayableUnrelatedParties
132349000
CY2021Q4 caas Notes Payable Unrelated Parties
NotesPayableUnrelatedParties
81997000
CY2020Q4 caas Notes Payable Unrelated Parties
NotesPayableUnrelatedParties
80173000
CY2021Q4 caas Accounts And Notes Payable Current
AccountsAndNotesPayableCurrent
214590000
CY2020Q4 caas Accounts And Notes Payable Current
AccountsAndNotesPayableCurrent
212522000
CY2021Q4 caas Accounts And Notes Payable Related Parties Current
AccountsAndNotesPayableRelatedPartiesCurrent
13464000
CY2020Q4 caas Accounts And Notes Payable Related Parties Current
AccountsAndNotesPayableRelatedPartiesCurrent
12730000
CY2021Q4 caas Accounts And Notes Payable Total
AccountsAndNotesPayableTotal
228054000
CY2020Q4 caas Accounts And Notes Payable Total
AccountsAndNotesPayableTotal
225252000
CY2021Q4 caas Cash Pledged As Collateral
CashPledgedAsCollateral
27800000
CY2020Q4 caas Cash Pledged As Collateral
CashPledgedAsCollateral
30800000
CY2021Q4 caas Notes Receivable Pledged As Collateral For Notes Payable
NotesReceivablePledgedAsCollateralForNotesPayable
18200000
CY2020Q4 caas Notes Receivable Pledged As Collateral For Notes Payable
NotesReceivablePledgedAsCollateralForNotesPayable
5500000
CY2021Q4 caas Property Plant And Equipment Pledged As Collateral
PropertyPlantAndEquipmentPledgedAsCollateral
33600000
CY2020Q4 caas Property Plant And Equipment Pledged As Collateral
PropertyPlantAndEquipmentPledgedAsCollateral
43900000
CY2021Q4 caas Accrued Expenses Current
AccruedExpensesCurrent
5596000
CY2020Q4 caas Accrued Expenses Current
AccruedExpensesCurrent
8627000
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
36572000
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
36215000
CY2021Q4 caas Payables For Oversea Transportation And Custom Clearance Current
PayablesForOverseaTransportationAndCustomClearanceCurrent
4548000
CY2020Q4 caas Payables For Oversea Transportation And Custom Clearance Current
PayablesForOverseaTransportationAndCustomClearanceCurrent
3278000
CY2021Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
471000
CY2020Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
460000
CY2021Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
1115000
CY2020Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
4131000
CY2021Q4 caas Accrued Interest Current
AccruedInterestCurrent
507000
CY2020Q4 caas Accrued Interest Current
AccruedInterestCurrent
646000
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1523000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2250000
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
50332000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
55607000
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
3494000
CY2020Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
5078000
CY2021Q4 caas Tariffs Payable Current
TariffsPayableCurrent
5202000
CY2020Q4 caas Tariffs Payable Current
TariffsPayableCurrent
3870000
CY2021Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Current
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityCurrent
2809000
CY2020Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Current
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityCurrent
2809000
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
311000
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
133000
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
510000
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
1259000
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
12326000
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
13149000
CY2021Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
23884000
CY2020Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
26693000
CY2021Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Current
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityCurrent
2809000
CY2020Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Current
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityCurrent
2809000
CY2021Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Noncurrent
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityNoncurrent
21075000
CY2020Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Noncurrent
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityNoncurrent
23884000
CY2017Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
35600000
CY2021Q4 caas Onetime Transition Tax Payablecurrent
OnetimeTransitionTaxPayablecurrent
2800000
CY2020Q4 caas Onetime Transition Tax Payablecurrent
OnetimeTransitionTaxPayablecurrent
2800000
CY2018Q1 us-gaap Lessor Sales Type Lease Term Of Contract1
LessorSalesTypeLeaseTermOfContract1
P4Y
CY2018Q1 us-gaap Lessor Sales Type Lease Term Of Contract1
LessorSalesTypeLeaseTermOfContract1
P4Y
CY2021 caas Sale Lease Back Transaction Rental Payments Quarterly
SaleLeaseBackTransactionRentalPaymentsQuarterly
1000000.0
CY2020Q3 caas Redeemable Noncontrolling Interest Redemption Price Percentage
RedeemableNoncontrollingInterestRedemptionPricePercentage
0.06
CY2020Q3 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
500000
CY2021 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
28000.000
CY2020 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
9000.000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P5Y
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
7500
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
4.58
CY2020 caas Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expired In Period Weighted Average Remaining Contractual Term2
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpiredInPeriodWeightedAverageRemainingContractualTerm2
P5Y
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
22500
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.79
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P5Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
7500
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
6.95
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.7691
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0046
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2021 caas Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Total Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodTotalGrantDateFairValue
100000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
100000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
30000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.99
CY2021 caas Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expired In Period Weighted Average Remaining Contractual Term2
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpiredInPeriodWeightedAverageRemainingContractualTerm2
P5Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
22500
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
6.26
CY2021 caas Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Remaining Contractual Term2
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageRemainingContractualTerm2
P5Y
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
37500
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.24
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P5Y
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.92
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2021 caas Statutory Accounting Practices Statutory Surplus Required Percentage
StatutoryAccountingPracticesStatutorySurplusRequiredPercentage
0.10
CY2021 caas Percentage Of Statutory Surplus Reserve
PercentageOfStatutorySurplusReserve
0.50
CY2021Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Required
StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired
0
CY2021 caas Statutory Accounting Practices Statutory Capital And Surplus Reserve
StatutoryAccountingPracticesStatutoryCapitalAndSurplusReserve
200000
CY2020 caas Statutory Accounting Practices Statutory Capital And Surplus Reserve
StatutoryAccountingPracticesStatutoryCapitalAndSurplusReserve
40000.00
CY2018Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
5000000.0
CY2021 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2020 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
322269
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0
CY2020 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1000000.0
CY2021 caas Income From Government Subsidies
IncomeFromGovernmentSubsidies
4928000
CY2020 caas Income From Government Subsidies
IncomeFromGovernmentSubsidies
2820000
CY2021 caas Penalties Income
PenaltiesIncome
70000
CY2020 caas Penalties Income
PenaltiesIncome
140000
CY2020 caas Charity Donation
CharityDonation
-1136000
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
1670000
CY2020 us-gaap Investment Income Net
InvestmentIncomeNet
614000
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6668000
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2438000
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
1242000
CY2020 us-gaap Investment Income Interest
InvestmentIncomeInterest
1662000
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3204000
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1764000
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2562000
CY2021 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
5212000
CY2020 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
3605000
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
504000
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
555000
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-6284000
CY2021 caas Handling Charge
HandlingCharge
388000
CY2020 caas Handling Charge
HandlingCharge
275000
CY2021 caas Finance Income Expenses Net
FinanceIncomeExpensesNet
-2350000
CY2020 caas Finance Income Expenses Net
FinanceIncomeExpensesNet
-4897000
CY2021 caas Percentage Owned In Holding Company To Avail Withholding Tax Of Five Percent
PercentageOwnedInHoldingCompanyToAvailWithholdingTaxOfFivePercent
0.25
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.15
CY2008Q1 caas Withholding Tax Percentage Applicable To Foreign Investors As Non Resident Enterprises
WithholdingTaxPercentageApplicableToForeignInvestorsAsNonResidentEnterprises
0.10
CY2021 caas Description Of Withholding 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%.
CY2021 caas Increase In Income Tax Expense Benefit Percentage
IncreaseInIncomeTaxExpenseBenefitPercentage
0.25
CY2021 us-gaap Undistributed Earnings
UndistributedEarnings
265900000
CY2020 us-gaap Undistributed Earnings
UndistributedEarnings
248900000
CY2021 caas Tax Provision On Retained Earning Not Reinvested
TaxProvisionOnRetainedEarningNotReinvested
26600000
CY2020 caas Tax Provision On Retained Earning Not Reinvested
TaxProvisionOnRetainedEarningNotReinvested
24900000
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.15
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017 caas Effective Income Tax Rate Reconciliation Transition Tax Amount
EffectiveIncomeTaxRateReconciliationTransitionTaxAmount
35600000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Transition Tax On Accumulated Foreign Earnings Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017TransitionTaxOnAccumulatedForeignEarningsAmount
35100000
CY2018 caas Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Adjustment One Time Transition Tax
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017AdjustmentOneTimeTransitionTax
500000
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8399000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-12200000
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
2081000
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
234000
CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
249000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4004000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2163000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
11050000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-4980000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30851776
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31077196
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3655
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30855431
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31077196
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2021 caas Minimum Percentage Of Profit Allocated To Foreign Investment
MinimumPercentageOfProfitAllocatedToForeignInvestment
0.10
CY2021 caas Registered Capital Percentage
RegisteredCapitalPercentage
0.50
CY2021 us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
0
CY2020 us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
151000
CY2021Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.579
CY2020Q4 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
55998
CY2021Q1 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
30000
CY2021 caas Reimbursement Of Litigation Expenses
ReimbursementOfLitigationExpenses
55998
CY2021Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
32788000
CY2021Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
1960000
CY2021Q4 us-gaap Contractual Obligation
ContractualObligation
37195000
CY2020Q4 caas Number Of Product Sectors
NumberOfProductSectors
15
CY2021Q4 caas Number Of Product Sectors
NumberOfProductSectors
15
CY2020Q4 caas Number Of Principal Profit Makers
NumberOfPrincipalProfitMakers
6
CY2021Q4 caas Number Of Principal Profit Makers
NumberOfPrincipalProfitMakers
6
CY2020Q4 caas Number Of Holding Company
NumberOfHoldingCompany
1
CY2021Q4 caas Number Of Holding Company
NumberOfHoldingCompany
1
CY2020Q4 caas Number Of Sectors Engaged In Production And Sale Of Products
NumberOfSectorsEngagedInProductionAndSaleOfProducts
9
CY2021Q4 caas Number Of Sectors Engaged In Production And Sale Of Products
NumberOfSectorsEngagedInProductionAndSaleOfProducts
9
CY2021 caas Sales Revenues Net
SalesRevenuesNet
497993000
CY2020 caas Sales Revenues Net
SalesRevenuesNet
417636000
CY2021 us-gaap Profit Loss
ProfitLoss
10726000
CY2020 us-gaap Profit Loss
ProfitLoss
-10271000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27113000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22057000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9902000
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16566000
CY2021Q4 us-gaap Assets
Assets
716762000
CY2020Q4 us-gaap Assets
Assets
707560000
CY2021 caas Sales Revenues Net
SalesRevenuesNet
497993000
CY2020 caas Sales Revenues Net
SalesRevenuesNet
417636000
CY2021Q4 us-gaap Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
166490000
CY2020Q4 us-gaap Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
166560000
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
10100000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1800000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1700000

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