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	<title>Stock Blog Hub &#187; CAAS</title>
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		<title>(CAAS) China Automotive Systems &#8211; Revenue For The Period Was Up 119% From Last Year</title>
		<link>http://www.stockbloghub.com/2010/04/14/caas-china-automotive-systems-revenue-for-the-period-was-up-119-from-last-year/33678</link>
		<comments>http://www.stockbloghub.com/2010/04/14/caas-china-automotive-systems-revenue-for-the-period-was-up-119-from-last-year/33678#comments</comments>
		<pubDate>Wed, 14 Apr 2010 21:32:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Parts]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[CAAS]]></category>
		<category><![CDATA[China Automotive Systems Inc]]></category>

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		<description><![CDATA[China Automotive Systems, Inc. (CAAS) has been charging higher for the last six weeks, recently moving within striking distance of the 52-week high at $27.17 on much better than expeced Q4 results from late March that included 119% sales growth. Company Description China Automotive Systems, Inc., through its interest in Sino-foreign joint ventures, engages in the manufacture and sale of automotive systems and components for the auto industry in China. The company was founded in 2003 and has a market cap of $593 million. Fourth-Quarter Results Revenue for the period was up 119% from last year to $84 million. Earnings also came in strong at 21 cents, 11% ahead of the Zacks Consensus Estimate. The company has surprised in each of the last four quarters by an average of 64%. ]]></description>
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		<title>(CAAS) China Automotive Systems, Inc. &#8211; Earnings Beat Consensus by 75%</title>
		<link>http://www.stockbloghub.com/2009/11/16/caas-china-automotive-systems-inc-earnings-beat-consensus-by-75/20655</link>
		<comments>http://www.stockbloghub.com/2009/11/16/caas-china-automotive-systems-inc-earnings-beat-consensus-by-75/20655#comments</comments>
		<pubDate>Mon, 16 Nov 2009 18:24:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Parts]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[CAAS]]></category>
		<category><![CDATA[China Automotive Systems Inc]]></category>

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		<description><![CDATA[China Automotive Systems, Inc. (CAAS) just reported strong third-quarter results that easily beat expectations and raised its 2009 full-year guidance. Third-Quarter Results Sales were up 75% from last year to $64.7 million. Earnings also came in strong at 28 cents per share, 12 cents ahead of the Zacks Consensus Estimate. The company has beat in each of the last 3 quarters by an average of 82%. The company said noted its cash balance increased 23% from last year to $45.9 million, while its stockholder equity was up 18% to $123.7 million. Bullish Guidance We haven&#8217;t seen estimates advance yet, but the company did offer bullish guidance, saying it expects sales to increase by 40% for 2009. The Chart This Zacks #2 rank stock has been on fire over the last ]]></description>
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		<title>(CAAS) China Automotive Systems Inc. &#8211; 2009 Estimates Jump</title>
		<link>http://www.stockbloghub.com/2009/10/22/caas-china-automotive-systems-inc-2009-estimates-jump/18491</link>
		<comments>http://www.stockbloghub.com/2009/10/22/caas-china-automotive-systems-inc-2009-estimates-jump/18491#comments</comments>
		<pubDate>Thu, 22 Oct 2009 16:06:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Parts]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[CAAS]]></category>
		<category><![CDATA[China Automotive Systems Inc]]></category>

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		<description><![CDATA[China Automotive Systems (CAAS) is well positioned in an explosive market in a growing economy. Company Description China Automotive supplies power steering components to Chinese automakers. The company offers systems for all types of vehicles, from passenger cars to commercial vehicles. Crushed Expectations In August China Automotive reported second-quarter results that included earnings of 24 cents per share, 11 cents higher than the Zacks Consensus. The earnings surprise was driven by record sales of $62.5 million, a 34% increase. Net income rose 30% to $6.1 million. Earnings per share did rise despite the roughly 10% increase in outstanding shares. Great Market China has been making headlines all year with its rapid growth and the automotive industry is not exception. The country is now outpacing the U.S. and has become the ]]></description>
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