| Stage | APTV | % of rev | CAAS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.2B | 100.00% | $176M | 100.00% | APTV ×18.15 |
| Gross profit | $690M | 21.57% | $31M | 17.33% | APTV +4.2pp |
| Operating income | $281M | 8.78% | $13M | 7.37% | APTV +1.4pp |
| Pre-tax income | $246M | 7.69% | $15M | 8.56% | CAAS +0.9pp |
| Net income | $194M | 6.06% | $10M | 5.88% | APTV +0.2pp |
| Stage | APTV | CAAS | Gap · A − B |
|---|---|---|---|
| Revenue | $3.2B100.00% | $176M100.00% | APTV ×18.15 |
| Gross profit | 21.57%$690M | 17.33%$31M | APTV +4.2pp |
| Operating income | 8.78%$281M | 7.37%$13M | APTV +1.4pp |
| Pre-tax income | 7.69%$246M | 8.56%$15M | CAAS +0.9pp |
| Net income | 6.06%$194M | 5.88%$10M | APTV +0.2pp |