But China Automotive Systems (NASDAQ:CAAS) is going to slow down according to latest figures. The company issued a forward looking statement saying it expects total revenues to increase +20% in 2010, a significant change from +56.6% YoY growth in the 2008-2009 period.
This slower +20% growth is captured by the chart above. Calculation:
2009 total revenues of $255.6 million * 1.2 = $306.72 full 2010.
Estimated first quarter revenues: $306.72 / 4 = $76.68 million