China Automotive Systems, Inc. (CAAS) stock
CAASNasdaqMotor Vehicle Parts & AccessoriesFiscal year ends December 31
$4.47+0.20 (+4.68%)
Close on Nov 13, 2026Market cap $134.86MP/E 3.1Yield –
China Automotive Systems r&d expenses
Research and development expenses are spending on new products and technology.
China Automotive Systems's R&D Expenses for the twelve months ending Jun 30, 2025 was $30.96M, up 4.3% year over year. For fiscal 2025 it was $45.06M, up 63.0% from the year before. Over ten years it grew 7.3% a year on average. The highest annual figure on record is $45.06M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $45.06M | +63.0% |
| FY2024 | Dec 31, 2024 | $27.65M | -5.2% |
| FY2023 | Dec 31, 2023 | $29.18M | -19.2% |
| FY2022 | Dec 31, 2022 | $36.11M | +27.9% |
| FY2021 | Dec 31, 2021 | $28.23M | +9.7% |
| FY2020 | Dec 31, 2020 | $25.72M | -8.1% |
| FY2019 | Dec 31, 2019 | $27.99M | -16.6% |
| FY2018 | Dec 31, 2018 | $33.55M | +0.0% |
| FY2017 | Dec 31, 2017 | $33.54M | +21.1% |
| FY2016 | Dec 31, 2016 | $27.71M | +24.0% |
| FY2015 | Dec 31, 2015 | $22.34M | -2.7% |
| FY2014 | Dec 31, 2014 | $22.97M | +10.0% |
| FY2013 | Dec 31, 2013 | $20.89M | +40.3% |
| FY2012 | Dec 31, 2012 | $14.89M | +65.5% |
| FY2011 | Dec 31, 2011 | $8.99M | +12.5% |
| FY2010 | Dec 31, 2010 | $7.99M | +212.0% |
| FY2009 | Dec 31, 2009 | $2.56M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2025 | Jun 30, 2025 | $8.09M | -1.1% |
| Q1 FY2025 | Mar 31, 2025 | $8.71M | +64.0% |
| Q4 FY2024 | Dec 31, 2024 | $7.77M | -16.6% |
| Q3 FY2024 | Sep 30, 2024 | $6.38M | -7.1% |
| Q2 FY2024 | Jun 30, 2024 | $8.18M | +23.9% |
| Q1 FY2024 | Mar 31, 2024 | $5.31M | -16.9% |
| Q4 FY2023 | Dec 31, 2023 | $9.32M | -12.4% |
| Q3 FY2023 | Sep 30, 2023 | $6.87M | -27.3% |
| Q2 FY2023 | Jun 30, 2023 | $6.61M | -16.2% |
| Q1 FY2023 | Mar 31, 2023 | $6.39M | -21.5% |
| Q4 FY2022 | Dec 31, 2022 | $10.64M | +7.3% |
| Q3 FY2022 | Sep 30, 2022 | $9.45M | +65.4% |
| Q2 FY2022 | Jun 30, 2022 | $7.89M | +33.1% |
| Q1 FY2022 | Mar 31, 2022 | $8.14M | +21.8% |
| Q4 FY2021 | Dec 31, 2021 | $9.91M | +18.9% |
| Q3 FY2021 | Sep 30, 2021 | $5.71M | -49.5% |
| Q2 FY2021 | Jun 30, 2021 | $5.93M | -31.4% |
| Q1 FY2021 | Mar 31, 2021 | $6.68M | +11.6% |
| Q4 FY2020 | Dec 31, 2020 | $8.33M | +23.4% |
| Q1 FY2020 | Jun 30, 2020 | $11.32M | +71.4% |
| Q4 FY2019 | Dec 31, 2019 | $8.64M | -15.3% |
| Q3 FY2019 | Sep 30, 2019 | $5.99M | -13.9% |
| Q2 FY2019 | Jun 30, 2019 | $6.75M | -16.5% |
| Q1 FY2019 | Mar 31, 2019 | $6.60M | -20.5% |
| Q4 FY2018 | Dec 31, 2018 | $10.20M | +3.3% |
| Q3 FY2018 | Sep 30, 2018 | $6.96M | -24.3% |
| Q2 FY2018 | Jun 30, 2018 | $8.09M | +4.9% |
| Q1 FY2018 | Mar 31, 2018 | $8.31M | +22.8% |
| Q4 FY2017 | Dec 31, 2017 | $9.88M | +11.5% |
| Q3 FY2017 | Sep 30, 2017 | $9.19M | +36.8% |
| Q2 FY2017 | Jun 30, 2017 | $7.71M | +28.7% |
| Q1 FY2017 | Mar 31, 2017 | $6.77M | +10.2% |
| Q4 FY2016 | Dec 31, 2016 | $8.86M | +92.8% |
| Q3 FY2016 | Sep 30, 2016 | $6.72M | +23.6% |
| Q2 FY2016 | Jun 30, 2016 | $5.99M | – |
| Q1 FY2016 | Mar 31, 2016 | $6.14M | – |
| Q4 FY2015 | Dec 31, 2015 | $4.59M | – |
| Q3 FY2015 | Sep 30, 2015 | $5.44M | – |
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