$CAAS
CHINA AUTOMOTIVE SYSTEMS INC

2023 Q4 Form 10-Q Financial Statement

#000141057823002339 Filed on November 13, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $159.2M $137.5M
YoY Change 23.58% 0.24%
Cost Of Revenue $124.5M $112.8M
YoY Change 19.99% -3.01%
Gross Profit $34.66M $24.76M
YoY Change 38.46% 18.35%
Gross Profit Margin 21.78% 18.0%
Selling, General & Admin $14.00M $6.108M
YoY Change -8.87% 24.83%
% of Gross Profit 40.39% 24.67%
Research & Development $9.315M $6.870M
YoY Change -12.42% -27.3%
% of Gross Profit 26.88% 27.75%
Depreciation & Amortization $5.038M $3.900M
YoY Change -35.17% -25.0%
% of Gross Profit 14.54% 15.75%
Operating Expenses $23.32M $16.78M
YoY Change -10.32% -8.41%
Operating Profit $11.34M $10.15M
YoY Change -1271.8% 107.76%
Interest Expense $764.0K $245.0K
YoY Change -36.07% -36.2%
% of Operating Profit 6.74% 2.41%
Other Income/Expense, Net $672.0K $1.155M
YoY Change -150.19% 55.24%
Pretax Income $15.00M $11.23M
YoY Change -646.86% 12.18%
Income Tax $2.133M $688.0K
% Of Pretax Income 14.22% 6.13%
Net Earnings $10.88M $9.488M
YoY Change 150.67% 27.01%
Net Earnings / Revenue 6.84% 6.9%
Basic Earnings Per Share $0.31
Diluted Earnings Per Share $0.36 $0.31
COMMON SHARES
Basic Shares Outstanding 30.19M 30.19M
Diluted Shares Outstanding 30.19M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $125.7M $108.2M
YoY Change -6.22% 7.44%
Cash & Equivalents $114.7M $108.2M
Short-Term Investments $11.08M
Other Short-Term Assets $900.0K $29.13M
YoY Change 22.62% -32.66%
Inventory $112.4M $103.2M
Prepaid Expenses
Receivables $269.4M $241.5M
Other Receivables $448.0K $0.00
Total Short-Term Assets $564.1M $509.0M
YoY Change 8.33% 4.25%
LONG-TERM ASSETS
Property, Plant & Equipment $101.4M $100.6M
YoY Change -4.92% -4.08%
Goodwill
YoY Change
Intangibles $3.900M
YoY Change 200.0%
Long-Term Investments $68.82M $60.90M
YoY Change 15.06% 15.44%
Other Assets $18.21M $28.60M
YoY Change 45.63%
Total Long-Term Assets $202.4M $199.1M
YoY Change 4.51% 6.66%
TOTAL ASSETS
Total Short-Term Assets $564.1M $509.0M
Total Long-Term Assets $202.4M $199.1M
Total Assets $766.4M $708.1M
YoY Change 7.29% 4.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $160.6M $149.1M
YoY Change 6.62% 4.79%
Accrued Expenses $44.77M $47.57M
YoY Change -7.33% -1.55%
Deferred Revenue $8.600M $8.500M
YoY Change 50.88% 129.73%
Short-Term Debt $48.01M $111.6M
YoY Change 5.11% 64.36%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $383.7M $342.7M
YoY Change 5.37% 2.35%
LONG-TERM LIABILITIES
Long-Term Debt $1.221M $0.00
YoY Change 131.25% -100.0%
Other Long-Term Liabilities $9.115M $7.402M
YoY Change -49.93% 20.55%
Total Long-Term Liabilities $10.34M $7.402M
YoY Change -44.82% 20.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $383.7M $342.7M
Total Long-Term Liabilities $10.34M $7.402M
Total Liabilities $398.0M $358.8M
YoY Change 2.86% 0.44%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $63.73M $63.73M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.695M $7.695M
YoY Change 0.0% 12.7%
Treasury Stock Shares
Shareholders Equity $344.5M $328.6M
YoY Change
Total Liabilities & Shareholders Equity $766.4M $708.1M
YoY Change 7.29% 4.92%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $10.88M $9.488M
YoY Change 150.67% 27.01%
Depreciation, Depletion And Amortization $5.038M $3.900M
YoY Change -35.17% -25.0%
Cash From Operating Activities $9.166M $10.79M
YoY Change -43.93% -37.24%
INVESTING ACTIVITIES
Capital Expenditures $7.060M $6.820M
YoY Change -17.66% -271.01%
Acquisitions
YoY Change
Other Investing Activities $4.003M $5.290M
YoY Change -78.36% -137.17%
Cash From Investing Activities -$3.057M -$1.530M
YoY Change -130.81% -91.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 12.12M 240.0K
YoY Change -1268.56% -111.13%
NET CHANGE
Cash From Operating Activities 9.166M 10.79M
Cash From Investing Activities -3.057M -1.530M
Cash From Financing Activities 12.12M 240.0K
Net Change In Cash 18.23M 9.500M
YoY Change -27.76% -398.55%
FREE CASH FLOW
Cash From Operating Activities $9.166M $10.79M
Capital Expenditures $7.060M $6.820M
Free Cash Flow $2.106M $3.970M
YoY Change -72.9% -81.26%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Entity Central Index Key
EntityCentralIndexKey
0001157762
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-33123
dei Entity Registrant Name
EntityRegistrantName
China Automotive Systems, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
33-0885775
dei Entity Address Address Line1
EntityAddressAddressLine1
No. 1 Henglong Road, Yu Qiao Development Zone
dei Entity Address Address Line2
EntityAddressAddressLine2
Shashi District
dei Entity Address Address Line3
EntityAddressAddressLine3
Jing Zhou City
dei Entity Address City Or Town
EntityAddressCityOrTown
Hubei Province
dei Entity Address Country
EntityAddressCountry
CN
dei City Area Code
CityAreaCode
86
dei Local Phone Number
LocalPhoneNumber
716- 412- 7901
dei Security12b Title
Security12bTitle
Common Stock, $0.0001 par value
dei Trading Symbol
TradingSymbol
CAAS
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
30185702
CY2023Q3 us-gaap Revenues
Revenues
137541000
CY2022Q3 us-gaap Revenues
Revenues
137207000
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
112784000
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
116289000
CY2023Q3 us-gaap Gross Profit
GrossProfit
24757000
CY2022Q3 us-gaap Gross Profit
GrossProfit
20918000
CY2023Q3 caas Gain Loss On Other Sales
GainLossOnOtherSales
2177000
CY2022Q3 caas Gain Loss On Other Sales
GainLossOnOtherSales
2290000
CY2023Q3 us-gaap Selling Expense
SellingExpense
3803000
CY2022Q3 us-gaap Selling Expense
SellingExpense
3978000
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6108000
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4893000
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6870000
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9450000
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
16781000
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
18321000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
10153000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
4887000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1155000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
744000
CY2023Q3 us-gaap Interest Expense
InterestExpense
245000
CY2022Q3 us-gaap Interest Expense
InterestExpense
384000
CY2023Q3 caas Finance Income Expenses Net
FinanceIncomeExpensesNet
163000
CY2022Q3 caas Finance Income Expenses Net
FinanceIncomeExpensesNet
4760000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11226000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
10007000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
688000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
899000
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
706000
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1101000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
11244000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
8007000
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1749000
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
529000
CY2023Q3 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
7000
CY2022Q3 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
8000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
9488000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
7470000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
11244000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
8007000
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
3580000
CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-18705000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
14824000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-10698000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3590000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-604000
CY2023Q3 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
7000
CY2022Q3 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
8000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11227000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10102000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30185702
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30637876
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30189363
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30640260
us-gaap Revenues
Revenues
417194000
us-gaap Revenues
Revenues
400764000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
348101000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
342401000
us-gaap Gross Profit
GrossProfit
69093000
us-gaap Gross Profit
GrossProfit
58363000
caas Gain Loss On Other Sales
GainLossOnOtherSales
3572000
caas Gain Loss On Other Sales
GainLossOnOtherSales
5326000
us-gaap Selling Expense
SellingExpense
10981000
us-gaap Selling Expense
SellingExpense
12358000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16132000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15309000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
19866000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25473000
us-gaap Operating Expenses
OperatingExpenses
46979000
us-gaap Operating Expenses
OperatingExpenses
53140000
us-gaap Operating Income Loss
OperatingIncomeLoss
25686000
us-gaap Operating Income Loss
OperatingIncomeLoss
10549000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4620000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7067000
us-gaap Interest Expense
InterestExpense
770000
us-gaap Interest Expense
InterestExpense
1156000
caas Finance Income Expenses Net
FinanceIncomeExpensesNet
3704000
caas Finance Income Expenses Net
FinanceIncomeExpensesNet
9318000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
33240000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
25778000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3004000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5013000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
359000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2674000
us-gaap Profit Loss
ProfitLoss
30595000
us-gaap Profit Loss
ProfitLoss
18091000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3799000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1229000
caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
22000
caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
23000
us-gaap Net Income Loss
NetIncomeLoss
26774000
us-gaap Net Income Loss
NetIncomeLoss
16839000
us-gaap Profit Loss
ProfitLoss
30595000
us-gaap Profit Loss
ProfitLoss
18091000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-8752000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-36323000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
21843000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-18232000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
4831000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-957000
caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
22000
caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
23000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16990000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-17298000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30185702
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30778336
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30190660
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30779883
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
108244000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
121216000
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
26877000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
37735000
CY2023Q3 us-gaap Inventory Net
InventoryNet
103187000
CY2022Q4 us-gaap Inventory Net
InventoryNet
112236000
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
29127000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
25207000
CY2023Q3 us-gaap Assets Current
AssetsCurrent
508952000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
520718000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
100598000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
106606000
CY2023Q3 caas Rights Of Use Assets Net
RightsOfUseAssetsNet
9073000
CY2022Q4 caas Rights Of Use Assets Net
RightsOfUseAssetsNet
9555000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
17663000
CY2023Q3 us-gaap Assets
Assets
708093000
CY2022Q4 us-gaap Assets
Assets
714352000
CY2023Q3 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
38568000
CY2022Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
45671000
CY2023Q3 us-gaap Long Term Investments
LongTermInvestments
60866000
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
59810000
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
28604000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1017000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2880000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
359000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-2674000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-79000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-35000
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
24315000
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
21616000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6070000
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
47573000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
48311000
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
34439000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
35106000
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
342651000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
364195000
CY2023Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
8781000
CY2022Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
15805000
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
7402000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6937000
CY2023Q3 us-gaap Liabilities
Liabilities
358834000
CY2022Q4 us-gaap Liabilities
Liabilities
386937000
CY2023Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
605000
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
582000
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
32338302
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
32338302
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
3000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
3000
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
CY2023Q3 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11851000
CY2022Q4 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11851000
CY2023Q3 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
273948000
CY2022Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
247174000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13197000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3413000
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
2152600
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
2152600
CY2023Q3 us-gaap Treasury Stock Value
TreasuryStockValue
7695000
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
7695000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
328641000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
311651000
CY2023Q3 us-gaap Minority Interest
MinorityInterest
20013000
CY2022Q4 us-gaap Minority Interest
MinorityInterest
15182000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
348654000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
326833000
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
708093000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
714352000
us-gaap Profit Loss
ProfitLoss
30595000
us-gaap Profit Loss
ProfitLoss
18091000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13666000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17402000
caas Increase Decrease In Provision Reversal Of Credit Losses
IncreaseDecreaseInProvisionReversalOfCreditLosses
450000
caas Increase Decrease In Provision Reversal Of Credit Losses
IncreaseDecreaseInProvisionReversalOfCreditLosses
-602000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-115000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1391000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3748000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
517000
caas Increase Decrease In Accounts And Notes Payable
IncreaseDecreaseInAccountsAndNotesPayable
-6198000
caas Increase Decrease In Accounts And Notes Payable
IncreaseDecreaseInAccountsAndNotesPayable
5795000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
849000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3004000
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-5268000
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-2809000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-1004000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
9252000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10740000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31677000
caas Increase Decrease In Other Receivable
IncreaseDecreaseInOtherReceivable
-288000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
664000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1143000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12184000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11842000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2437000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
68000
caas Increase Decrease In Equity Method Investments
IncreaseDecreaseInEquityMethodInvestments
7729000
caas Increase Decrease In Equity Method Investments
IncreaseDecreaseInEquityMethodInvestments
12802000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
55290000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
79311000
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
48281000
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
55944000
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
3115000
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
3986000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25580000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-42662000
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
42828000
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
43616000
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
48147000
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
41465000
caas Repayments Of Borrowing For Sale And Leaseback Transactions
RepaymentsOfBorrowingForSaleAndLeasebackTransactions
1130000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1567000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5319000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-546000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3671000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-16223000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23830000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-27754000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
158951000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
159499000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
135121000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
131745000
CY2023Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
2742000
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
362000
CY2023Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
241517000
CY2022Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
224324000
CY2023Q3 caas Notes Receivable Pledged As Collateral
NotesReceivablePledgedAsCollateral
17700000
CY2022Q4 caas Notes Receivable Pledged As Collateral
NotesReceivablePledgedAsCollateral
13700000
CY2023Q3 caas Provision For Doubtful Accounts And Notes Receivable
ProvisionForDoubtfulAccountsAndNotesReceivable
-10000.00
CY2022Q3 caas Provision For Doubtful Accounts And Notes Receivable
ProvisionForDoubtfulAccountsAndNotesReceivable
120000
caas Provision For Doubtful Accounts And Notes Receivable
ProvisionForDoubtfulAccountsAndNotesReceivable
500000
caas Provision For Doubtful Accounts And Notes Receivable
ProvisionForDoubtfulAccountsAndNotesReceivable
600000
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
23509000
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
24502000
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
16298000
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
16001000
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
60638000
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
71371000
CY2023Q3 us-gaap Inventory Net
InventoryNet
103187000
CY2022Q4 us-gaap Inventory Net
InventoryNet
112236000
CY2023Q3 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
2100000
CY2022Q3 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
1200000
us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
7000000.0
us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
3800000
CY2023Q3 us-gaap Long Term Investments
LongTermInvestments
60866000
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
59810000
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
319497000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
323101000
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
218899000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
216495000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
100598000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
106606000
CY2023Q3 us-gaap Depreciation
Depreciation
3900000
CY2023Q3 us-gaap Depreciation
Depreciation
3900000
CY2022Q3 us-gaap Depreciation
Depreciation
5200000
us-gaap Depreciation
Depreciation
12700000
us-gaap Depreciation
Depreciation
16700000
CY2023Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
44800000
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
51600000
CY2023Q3 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
38568000
CY2022Q4 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
45671000
CY2023Q3 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
1295000
CY2022Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
528000
CY2023Q3 us-gaap Loans Payable To Bank
LoansPayableToBank
39863000
CY2022Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
46199000
CY2023Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
173000000.0
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
148300000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
39900000
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
46200000
us-gaap Short Term Debt Weighted Average Interest Rate Over Time
ShortTermDebtWeightedAverageInterestRateOverTime
0.029
CY2022 us-gaap Short Term Debt Weighted Average Interest Rate Over Time
ShortTermDebtWeightedAverageInterestRateOverTime
0.029
CY2023Q3 caas Accounts And Notes Payable Current
AccountsAndNotesPayableCurrent
222071000
CY2022Q4 caas Accounts And Notes Payable Current
AccountsAndNotesPayableCurrent
235107000
CY2023Q3 caas Cash Pledged As Collateral
CashPledgedAsCollateral
26800000
CY2022Q4 caas Cash Pledged As Collateral
CashPledgedAsCollateral
37600000
CY2023Q3 caas Notes Receivable Pledged As Collateral For Notes Payable
NotesReceivablePledgedAsCollateralForNotesPayable
17700000
CY2022Q4 caas Notes Receivable Pledged As Collateral For Notes Payable
NotesReceivablePledgedAsCollateralForNotesPayable
13700000
CY2023Q3 caas Property Plant And Equipment And Land Use Right Pledged As Collateral
PropertyPlantAndEquipmentAndLandUseRightPledgedAsCollateral
31600000
CY2022Q4 caas Property Plant And Equipment And Land Use Right Pledged As Collateral
PropertyPlantAndEquipmentAndLandUseRightPledgedAsCollateral
39600000
CY2023Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
34989000
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
32435000
CY2023Q3 caas Accrued Expenses Current
AccruedExpensesCurrent
9200000
CY2022Q4 caas Accrued Expenses Current
AccruedExpensesCurrent
9652000
CY2023Q3 caas Payables For Oversea Transportation And Custom Clearance Current
PayablesForOverseaTransportationAndCustomClearanceCurrent
303000
CY2022Q4 caas Payables For Oversea Transportation And Custom Clearance Current
PayablesForOverseaTransportationAndCustomClearanceCurrent
294000
CY2023Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
418000
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
431000
CY2023Q3 caas Accrued Interest Current
AccruedInterestCurrent
238000
CY2022Q4 caas Accrued Interest Current
AccruedInterestCurrent
465000
CY2022Q4 caas Payable For Investment
PayableForInvestment
2043000
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2425000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2991000
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
47573000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
48311000
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
600000
CY2023Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
7000.000
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
33948000
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
35028000
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
32435000
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
36572000
CY2023Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4164000
CY2022Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4712000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
13592000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
11685000
CY2023Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3340000
CY2022Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3255000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
9973000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
9909000
CY2023Q3 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
217000
CY2022Q3 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-1959000
us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-1065000
us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-3822000
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
34989000
CY2022Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
34526000
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
34989000
CY2022Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
34526000
CY2020Q3 caas Redeemable Noncontrolling Interest Redemption Price Percentage
RedeemableNoncontrollingInterestRedemptionPricePercentage
0.060
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
22000.000
CY2022Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
8000.000
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
23000.000
CY2023Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
CY2022Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
CY2022Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
63731000
caas Statutory Accounting Practices Statutory Surplus Required Percentage
StatutoryAccountingPracticesStatutorySurplusRequiredPercentage
0.10
caas Percentage Of Statutory Surplus Reserve
PercentageOfStatutorySurplusReserve
0.50
CY2023Q3 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Required
StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired
0
caas Statutory Accounting Practices Statutory Capital And Surplus Reserve
StatutoryAccountingPracticesStatutoryCapitalAndSurplusReserve
0
CY2022Q3 caas Statutory Accounting Practices Statutory Capital And Surplus Reserve
StatutoryAccountingPracticesStatutoryCapitalAndSurplusReserve
0
caas Statutory Accounting Practices Statutory Capital And Surplus Reserve
StatutoryAccountingPracticesStatutoryCapitalAndSurplusReserve
0
CY2023Q3 caas Statutory Accounting Practices Statutory Capital And Surplus Reserve
StatutoryAccountingPracticesStatutoryCapitalAndSurplusReserve
0
CY2023Q2 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11851000
CY2022Q2 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11481000
CY2022Q4 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11851000
CY2021Q4 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11481000
CY2023Q3 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11851000
CY2022Q3 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11481000
CY2023Q3 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11851000
CY2022Q3 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
11481000
CY2023Q2 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
264460000
CY2022Q2 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
235732000
CY2022Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
247174000
CY2021Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
226363000
CY2023Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-9495000
CY2022Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-7478000
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-26796000
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-16862000
CY2023Q3 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
7000
CY2022Q3 caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
8000
caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
22000
caas Accretion To Redemption Value Of Redeemable Noncontrolling Interest
AccretionToRedemptionValueOfRedeemableNoncontrollingInterest
23000
CY2023Q3 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
273948000
CY2022Q3 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
243202000
CY2023Q3 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
273948000
CY2022Q3 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
243202000
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
us-gaap Net Income Loss
NetIncomeLoss
26774000
us-gaap Net Income Loss
NetIncomeLoss
16839000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30185702
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30778336
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4958
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-14936000
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
8152000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3413000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
24717000
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1739000
CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
17572000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
9784000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
34137000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13197000
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-9420000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13197000
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-9420000
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
666074
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
666074
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
2152600
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
2152600
CY2023Q2 us-gaap Minority Interest
MinorityInterest
16423000
CY2022Q2 us-gaap Minority Interest
MinorityInterest
15501000
CY2022Q4 us-gaap Minority Interest
MinorityInterest
15182000
CY2021Q4 us-gaap Minority Interest
MinorityInterest
15854000
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1749000
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
529000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3799000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1229000
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-1841000
CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
1133000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-1032000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
2186000
CY2023Q3 us-gaap Minority Interest
MinorityInterest
20013000
CY2022Q3 us-gaap Minority Interest
MinorityInterest
14897000
CY2023Q3 us-gaap Minority Interest
MinorityInterest
20013000
CY2022Q3 us-gaap Minority Interest
MinorityInterest
14897000
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8500000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5700000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6900000
caas Contract With Customer Liability Revenue Recognized Including Beginning Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingBeginningBalance
4100000
caas Contract With Customer Liability Revenue Recognized Included In Balance At Beginning Of Period
ContractWithCustomerLiabilityRevenueRecognizedIncludedInBalanceAtBeginningOfPeriod
2600000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4300000
caas Contract With Customer Liability Revenue Recognized Including Beginning Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingBeginningBalance
3000000.0
caas Contract With Customer Liability Revenue Recognized Included In Balance At Beginning Of Period
ContractWithCustomerLiabilityRevenueRecognizedIncludedInBalanceAtBeginningOfPeriod
2400000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1547
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30190660
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30779883
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
322000
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
340000
us-gaap Investment Income Interest
InvestmentIncomeInterest
886000
us-gaap Investment Income Interest
InvestmentIncomeInterest
903000
CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-130000
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
4453000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2978000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
8688000
CY2023Q3 caas Handling Charge
HandlingCharge
29000
CY2022Q3 caas Handling Charge
HandlingCharge
33000
caas Handling Charge
HandlingCharge
160000
caas Handling Charge
HandlingCharge
273000
CY2023Q3 caas Finance Income Expenses Net
FinanceIncomeExpensesNet
163000
CY2022Q3 caas Finance Income Expenses Net
FinanceIncomeExpensesNet
4760000
caas Finance Income Expenses Net
FinanceIncomeExpensesNet
3704000
caas Finance Income Expenses Net
FinanceIncomeExpensesNet
9318000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
9488000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
7470000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30185702
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30637876
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3661
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2384
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30189363
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30640260
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
caas Minimum Percentage Of Profit Allocated To Foreign Investment
MinimumPercentageOfProfitAllocatedToForeignInvestment
0.10
caas Registered Capital Percentage
RegisteredCapitalPercentage
0.50
CY2022Q3 caas Equity Interest Purchase From Related Parties Current
EquityInterestPurchaseFromRelatedPartiesCurrent
23618000
CY2023Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6776000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3323000
CY2023Q3 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
26939000
CY2023Q3 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
8308000
CY2023Q3 caas Contractual Obligation Due After Second Year
ContractualObligationDueAfterSecondYear
2925000
CY2023Q3 us-gaap Contractual Obligation
ContractualObligation
38172000
CY2023Q3 caas Number Of Product Sectors
NumberOfProductSectors
15
CY2023Q3 caas Number Of Principal Profit Makers
NumberOfPrincipalProfitMakers
6
CY2023Q3 caas Number Of Holding Company
NumberOfHoldingCompany
1
CY2023Q3 caas Number Of Sectors Engaged In Production And Sale Of Products
NumberOfSectorsEngagedInProductionAndSaleOfProducts
9
CY2022Q3 caas Number Of Product Sectors
NumberOfProductSectors
15
CY2022Q3 caas Number Of Principal Profit Makers
NumberOfPrincipalProfitMakers
6
CY2022Q3 caas Number Of Holding Company
NumberOfHoldingCompany
1
CY2022Q3 caas Number Of Sectors Engaged In Production And Sale Of Products
NumberOfSectorsEngagedInProductionAndSaleOfProducts
9
CY2023Q3 us-gaap Revenues
Revenues
137541000
CY2022Q3 us-gaap Revenues
Revenues
137207000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
11244000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
8007000
us-gaap Revenues
Revenues
417194000
us-gaap Revenues
Revenues
400764000
us-gaap Profit Loss
ProfitLoss
30595000
us-gaap Profit Loss
ProfitLoss
18091000

Files In Submission

Name View Source Status
0001410578-23-002339-index-headers.html Edgar Link pending
0001410578-23-002339-index.html Edgar Link pending
0001410578-23-002339.txt Edgar Link pending
0001410578-23-002339-xbrl.zip Edgar Link pending
caas-20230930.xsd Edgar Link pending
caas-20230930x10q.htm Edgar Link pending
caas-20230930xex31d1.htm Edgar Link pending
caas-20230930xex31d2.htm Edgar Link pending
caas-20230930xex32d1.htm Edgar Link pending
caas-20230930xex32d2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
caas-20230930x10q_htm.xml Edgar Link completed
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
caas-20230930_cal.xml Edgar Link unprocessable
caas-20230930_pre.xml Edgar Link unprocessable
caas-20230930_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
caas-20230930_def.xml Edgar Link unprocessable