China Automotive ( (CAAS) ) has released its Q3 earnings. Here is a breakdown of the information China Automotive presented to its investors.
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China Automotive Systems, Inc. is a prominent supplier of power steering components and systems in China, catering to both passenger and commercial vehicle markets through its joint ventures and subsidiaries. In the third quarter of 2025, the company reported a significant 77.8% growth in earnings per share, alongside a 17.7% increase in net sales, reaching $193.2 million. The company also raised its full-year revenue guidance, reflecting its strong performance and strategic advancements. Key financial highlights include a 26.6% rise in gross profit and a 75.6% increase in net income attributable to shareholders, driven by robust sales growth in North America and Brazil. The company continues to innovate with advanced steering products, securing new orders and expanding its international market presence. Looking ahead, China Automotive Systems remains optimistic about its growth prospects, bolstered by its strategic focus on technology-driven products and international market expansion.