China Auto Systems (CAAS) Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Fri, April 10, 2026 astatine 10:11 AM CDT 20 min read

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Wednesday, November 13, 2024 astatine 8 a.m. ET

• Chief Financial Officer — Jie Li

• Investor Relations Representative — Kevin Theiss

Kevin Theiss: Thank you, everyone, for joining america today. Welcome to China Automotive Systems 2024 3rd 4th league call. Joining america contiguous are Mr. Jie Li, Chief Financial Officer of China Automotive Systems. He volition beryllium disposable to reply questions aboriginal successful the league telephone with the assistance of translation. Before we begin, I volition punctual each listeners that passim this call, we whitethorn marque statements that whitethorn incorporate forward-looking statements wrong the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements correspond the company's estimates and assumptions lone arsenic of the day of this call.

As a result, the company's existent results could disagree materially from those contained successful the forward-looking statements owed to a fig of factors, including those described nether the heading Risk Factors and Results of Operations successful the company's Form 10-K yearly study for the twelvemonth ended December 31, 2022, arsenic filed with the Securities and Exchange Commission and successful different documents filed by the institution from clip to clip with the Securities and Exchange Commission.

Any of these factors and different factors beyond our power could person an adverse effect connected the wide concern situation origin uncertainties successful the regions wherever we behaviour business, origin our concern to endure successful ways that we cannot foretell and materially and adversely interaction our business, fiscal information and results of operations. A prolonged disruption oregon immoderate unforeseen hold successful our operations of the manufacturing, transportation and assembly processes wrong immoderate of our accumulation facilities could effect successful delays successful the shipment of products to our customers, accrued costs and reduced revenue.

The institution expressly disclaims immoderate work to supply updates to immoderate forward-looking statements made successful this call, whether arsenic a effect of caller information, aboriginal events oregon otherwise. On this call, I volition supply a little overview and summary of the 3rd 4th for the play ended September 30, 2024. Management volition past behaviour a Q&A session. The 2024 3rd 4th and 9 period results are unaudited and fiscal results are reported utilizing U.S. GAAP accounting. For purposes of our telephone today, I volition reappraisal the fiscal results successful U.S. dollars. We'll statesman with a reappraisal of immoderate of the quarterly concern highlights, caller dynamics of the Chinese system and automobile manufacture and our marketplace position.