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China Automotive Systems hits record EPS sales in Q3 2026, launches $5M share buyback program

Company Fundamentals
11 Nov 2026, 13:00 WIB
PRNewsWire
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Bullish
China Automotive Systems hits record EPS sales in Q3 2026, launches $5M share buyback program

China Automotive Systems reported record electric power steering (EPS) unit sales of 567,314 in Q3 2026, a 40.1% increase year-over-year, and 1,461,381 units in the first nine months, up 32.7%. The growth was driven by strong performance at its Henglong KYB and Wuhu operations. The company also announced a $5 million share repurchase program valid through November 2027, aiming to enhance shareholder value amid strong sales and cash flow growth. Leadership highlighted ongoing innovation and expanding global customer relationships, particularly with Tier-1 vehicle manufacturers in North and South America and Europe.

China Automotive Systems' record EPS sales provide context for consumer cyclical sector activity on Pluang. Of 134 priced US consumer cyclical stocks, 48 rose and 75 fell today. Notable movers include CROX at USD 155.96 with a 1-day change of -2.32%, MBLY at USD 5.75 up 2.13%, and SE at USD 78.40 up 2.08%. Data as of Nov 11, 2026 17:31 WIB.

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