China Automotive Systems (CAAS) Research & Development (2024 - 2025)
China Automotive Systems (CAAS) posted Research & Development of $17.8 million for Q4 2025, down 99.83% sequentially from $10.4 billion in Q3 2025, and up 129.33% YoY from $7.8 million in Q4 2024.
China Automotive Systems (CAAS) Research & Development (2024 - 2025) Analysis & Trends
China Automotive Systems has reported Research & Development for 2 years, with the latest figure at $17.8 million in Q4 2025.
- Quarterly Research & Development rose 129.33% year-over-year to $17.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $16.8 billion (changed N/A YoY) and the FY2025 annual result came in at $45.1 million, up 62.98% from the prior year.
- Research & Development retreated to $17.8 million in Q4 2025 per CAAS's latest filing, from $10.4 billion in the prior quarter.
- Over five years, Research & Development peaked at $10.4 billion in Q3 2025 and troughed at $7.8 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | - |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | - |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 56.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | - |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 122.00 Mn |
| 10 | China Automotive Systems | 137.88 Mn | -35.93 Bn | 52.95 Mn | 17.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 17.82 Mn |
| Sep 30, 2025 | 10.44 Bn |
| Dec 31, 2024 | 7.77 Mn |
| Sep 30, 2024 | 6.38 Bn |