---
title: "China Automotive Systems Q4 Profit Down, Revenues Rise; Sees Higher Revenues In FY25"
description: "China Automotive Systems, Inc. (CAAS) reported a decline in Q4 profit, with net income falling to $9.1 million from $10.9 million year-over-year. However, revenues rose by 18.6% to $188.7 million, dri"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/233610283.md"
published_at: "2025-03-28T10:16:37.000Z"
---

# China Automotive Systems Q4 Profit Down, Revenues Rise; Sees Higher Revenues In FY25

> China Automotive Systems, Inc. (CAAS) reported a decline in Q4 profit, with net income falling to $9.1 million from $10.9 million year-over-year. However, revenues rose by 18.6% to $188.7 million, driven by increased demand for passenger and commercial vehicles. Looking ahead, CAAS projects fiscal 2025 revenues of $700 million, up from $650.9 million in fiscal 2024, indicating expected year-over-year growth.

Vehicle parts supplier China Automotive Systems, Inc. (CAAS), while reporting weak earnings and higher sales in its fourth quarter, on Friday issued fiscal 2025 revenue outlook, expecting year-over-year growth.

For fiscal 2025, the company projects revenues of $700.0 million, higher than the $650.9 million recorded in fiscal 2024.

In its fourth quarter, net income attributable to parent company's common shareholders was $9.1 million or $0.30 per share, compared to $10.9 million or $0.36 per share in 2023.

Net sales increased 18.6 percent to $188.7 million from $159.2 million a year ago.

The net sales increase was mainly due to a change in the product mix and higher demand for passenger automobiles and commercial vehicles in the fourth quarter.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.