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