-
市场
-
产品
-
资讯
-
Moo社区
-
课堂
-
查看更多
-
功能介绍
-
费用费用透明,无最低余额限制
投资选择、功能介绍、费用相关信息由Moomoo Financial Inc.提供
- English
- 中文繁體
- 中文简体
- 深色
- 浅色
Earnings Call Summary | China Automotive Systems(CAAS.US) Q4 2023 Earnings Conference
Earnings Call Summary | China Automotive Systems(CAAS.US) Q4 2023 Earnings Conference
The following is a summary of the China Automotive Systems, Inc. (CAAS) Q4 2023 Earnings Call Transcript:
Financial Performance:
China Automotive Systems reported record net sales of $576.4 million for 2023.
Operating income was 390% higher and diluted net income per share increased by 81.2% to $1.25.
For Q4 2023, the company achieved net sales of $159.2 million and a net income attributable to the parent company's common shareholders of $10.9 million.
Operating income from operations for Q4 2023 climbed to $13.6 million due to a rise in gross margin to 21.8% and a 12.4% year-over-year decline in operating expenses.
Diluted income per share rose by 157.1% to $0.36 compared to $0.14 in Q4 2022.
Business Progress:
Despite an 18.5% year-over-year decrease in North American sales, traditional steering product sales grew by 2.2% while electric power steering (EPS) sales increased by 24.6%.
Commercial vehicle market sales were flat.
The company is developing C-EPS, DP-EPS, and R-EPS products for BYD in addition to supplying traditional steering products.
R&D spending was reduced by 19.1% in 2023 due to the maturing of current new product development and less activity for traditional products.
China Automotive Systems is investing in the I-RCB and ERCB product segments, R-EPS product production capacity expansion, and upgrading existing production lines, projecting a revenue guidance of $605 million for 2024.
More details: China Automotive Systems IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
The following is a summary of the China Automotive Systems, Inc. (CAAS) Q4 2023 Earnings Call Transcript:
以下是中国汽车系统有限公司(CAAS)2023年第四季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
China Automotive Systems reported record net sales of $576.4 million for 2023.
Operating income was 390% higher and diluted net income per share increased by 81.2% to $1.25.
For Q4 2023, the company achieved net sales of $159.2 million and a net income attributable to the parent company's common shareholders of $10.9 million.
Operating income from operations for Q4 2023 climbed to $13.6 million due to a rise in gross margin to 21.8% and a 12.4% year-over-year decline in operating expenses.
Diluted income per share rose by 157.1% to $0.36 compared to $0.14 in Q4 2022.
中国汽车系统报告称,2023年净销售额达到创纪录的5.764亿美元。
营业收入增长了390%,摊薄后的每股净收益增长了81.2%,至1.25美元。
2023年第四季度,公司实现净销售额1.592亿美元,归属于母公司普通股股东的净收益为1,090万美元。
由于毛利率上升至21.8%,运营费用同比下降12.4%,2023年第四季度的运营收入攀升至1,360万美元。
摊薄后的每股收益增长了157.1%,至0.36美元,而2022年第四季度为0.14美元。
Business Progress:
业务进展:
Despite an 18.5% year-over-year decrease in North American sales, traditional steering product sales grew by 2.2% while electric power steering (EPS) sales increased by 24.6%.
Commercial vehicle market sales were flat.
The company is developing C-EPS, DP-EPS, and R-EPS products for BYD in addition to supplying traditional steering products.
R&D spending was reduced by 19.1% in 2023 due to the maturing of current new product development and less activity for traditional products.
China Automotive Systems is investing in the I-RCB and ERCB product segments, R-EPS product production capacity expansion, and upgrading existing production lines, projecting a revenue guidance of $605 million for 2024.
尽管北美销售额同比下降18.5%,但传统转向产品的销售增长了2.2%,而电动助力转向(EPS)的销售额增长了24.6%。
商用车市场销量持平。
除了供应传统转向产品外,该公司还为比亚迪开发C-EPS、DP-EPS和R-EPS产品。
由于当前新产品开发的成熟以及传统产品的活动减少,2023年研发支出减少了19.1%。
中国汽车系统正在投资I-RCB和ERCB产品细分市场,扩大R-EPS产品的产能,并升级现有生产线,预计2024年的收入预期为6.05亿美元。
More details: China Automotive Systems IR
更多详情: 中国汽车系统 IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由 AI 生成。无法完全保证内容的准确性。欲了解更多详情,请访问投资者关系网站。本文仅供投资者参考,不构成任何投资建议。
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
风险及免责提示
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用浏览器的分享功能,分享给你的好友吧