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China Automotive Systems Inc's Business Segments
China Automotive Systems Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
7
Largest Segment
Henglong Segment
Total Revenue
$ 766
Regions Reported
1
Annual Results
Revenue Share by Reportable Segment - FY2025
- Henglong Segment47.7%
- Henglong Kyb Segment30.7%
- All Other Segments21.4%
- Hubei Henglong Segment15.9%
- Jiulong Segment12%
- Brazil Henglong Segment9%
- Wuhu Segment4.5%
Revenue by Reportable Segment - FY2025
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Henglong Segment | $ 365 | 47.7% |
| Henglong Kyb Segment | $ 235 | 30.7% |
| All Other Segments | $ 164 | 21.4% |
4 more segments available
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Revenue Share by Region - FY2025
- Other foreign countries37.5%
Revenue by Geographic Region - FY2025
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Other foreign countries | $ 287 | 37.5% |
Description of China Automotive Systems Inc
China Automotive Systems, Inc., was incorporated in the State of Delaware on June
29, 1999. Through its subsidiary, Great Genesis Holdings Limited, “Genesis,”
a corporation organized under the laws of the Hong Kong Special Administrative
Region, China, it owns interests in eight Sino-joint ventures and five wholly-owned
subsidiaries in the People’s Republic of China, “China” or the
“PRC,” which manufacture power steering systems and/or related products
for different segments of the automobile industry. Genesis also owns interests
in a Brazil-based trading company, which engages mainly in the import and sales
of automotive parts in Brazil.
The registrant's reportable segments are organized by geographic regions: China, the United States, and other foreign countries. Net sales to China were $794.1 million in 2025, $686.3 million in 2024, and $565.2 million in 2023. Net sales to other foreign countries totaled $287.3 million in 2025, $239.1 million in 2024, and $238.3 million in 2023. Total segment net sales amounted to $1.08 billion in 2025, $925.5 million in 2024, and $803.5 million in 2023. After eliminations, consolidated net product sales were $765.7 million in 2025, $650.9 million in 2024, and $576.4 million in 2023. Segment net income was $47.4 million in 2025, $28.9 million in 2024, and $26.2 million in 2023. Segment total assets were $1.49 billion in 2025 and $1.19 billion in 2024. Financial data by geographic region indicates that China holds the largest share of net sales and long-term assets. Revenue is attributed to each country based on the location of customers.