Chongqing Changan Automobile Company Limited Class A

Chongqing Changan Automobile Company Limited Class A

3.20
HKD
+0.02
(+0.63%)
0.16EPS
13.26P/E
83.47BMarket Cap
Oct 31Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.78
2.41
3.04
3.56
3.55
2.9
3.12
3.67
4.14
4.82
5.95
6.25
6.39
11.74
Basic EPS, GAAP
0.15
0.34
0.45
0.47
0.32
0.03
-0.12
0.14
0.14
0.31
0.45
0.29
0.16
0.21
Free Cash Flow per Basic Share
-0.05
0.07
0.11
-0.11
-0.2
-0.45
-0.04
0.33
0.83
0.17
0.67
- -
-0.11
- -
Dividend per Share
0.02
0.03
0.06
0.14
0.14
0.09
0.01
- -
0.07
0.07
0.09
0.14
0.14
0.04
Book Value per Share
0.86
1.17
1.57
1.93
2.11
2.05
1.95
2.12
2.17
2.45
2.8
2.99
3.02
2.97
Tangible Book Value per Share
0.73
1.01
1.39
1.73
1.89
1.79
1.68
1.92
1.97
2.25
2.06
2.2
2.14
2.08
Basic Weighted Avg Shares
21,994
21,941
21,966
22,078
22,518
22,858
22,622
23,053
25,376
25,180
25,442
25,555
25,674
13,055
Sales/Revenue/Turnover
39,142
52,913
66,772
78,542
80,012
66,298
70,595
84,566
105,142
121,253
151,298
159,733
164,000
153,237
Operating Margin (%)
-2.93
-0.98
0.85
- -
-0.09
-0.49
-0.87
-1.45
2.08
6.83
4.59
2
0.97
1.26
Depreciation Expense
1,690
1,984
2,038
2,284
2,562
3,100
4,041
4,036
4,027
3,913
5,295
5,806
6,292
- -
Net Income, GAAP
3,369
7,561
9,953
10,285
7,137
681
-2,647
3,324
3,552
7,799
11,327
7,321
4,075
2,776
Effective Tax Rate (%)
- -
0.28
0.89
0.71
- -
- -
- -
- -
5.66
- -
10.27
9.67
17.89
29.53
Profit Margin (%)
8.61
14.29
14.91
13.1
8.92
1.03
-3.75
3.93
3.38
6.43
7.49
4.58
2.48
1.81
Working Capital
-7,464
-3,393
1,346
6,003
8,154
1,584
373
10,276
15,034
26,716
27,695
23,011
22,494
20,766
LT Debt
3,237
1,971
1,975
20
7
304
55
990
639
1,096
1,206
1,305
1,299
1,261
Total Equity
18,719
25,455
34,174
43,353
47,463
46,153
43,934
53,480
55,866
62,949
74,683
79,081
81,985
79,698
Return on Invested Capital (%)
- -
27.78
29.7
22.69
- -
- -
- -
- -
6.16
- -
13.01
7.5
3.65
2.07
Return on Capital (%)
- -
30.28
31.69
25.48
- -
- -
- -
- -
6.31
- -
18.75
11.04
6.14
4.61
Return on Common Equity (%)
19.6
33.99
33.16
26.39
15.66
1.45
-5.86
6.82
6.51
13.15
16.82
9.87
5.3
3.6

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,211
715
732
LT Borrowings
1,000
1,000
1,041
LT Finance Leases
299
258
219
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25,608
25,605
25,605
Market Capitalization
98,023
90,802
72,221

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
128,553
115,946
113,769
Cash, Cash Equivalents & STI
54,022
39,911
39,780
Accounts Receivable, Net
4,197
11,735
7,500
Inventories
22,518
19,661
23,115
Total Current Liabilities
106,059
93,914
93,003
Payables & Accruals
- -
- -
- -
ST Debt
1,211
715
732
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.58%
9.07%
3.67%
Free Cash Flow
1,436.42%
3,077.45%
15,095.56%
Net Income, GAAP
-74.02%
18.39%
-44.34%
Sales/Revenue/Turnover
10.13%
14.54%
2.67%
Total Cash Common Dividend
368.68%
746.37%
0.79%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
37,023
39,699
34,237
48,773
159,733
2025
34,161
38,531
- -
49,072
164,000
2026
32,706
32,928
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.17
0.08
0.38
0.29
2025
0.05
0.09
- -
0.1
0.16
2026
0.02
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.34
- -
- -
0.14
2025
- -
- -
- -
0.05
0.14
2026
- -
- -
- -
- -
- -

Company Description

CEO
Fei Zhao
Full Time Employees
58,274
Sector
Consumer durables
Industry
Motor vehicles
Address
No. 260, East Jianxin Road Chongqing CH China 400023
IPO Date
Jun 10, 1997
Business
Chongqing Changan Automobile Company Limited is a Chinese automotive manufacturer engaged in the development, production, and sale of a wide range of vehicles and automotive components. The company’s primary products include passenger vehicles, SUVs, electric vehicles, and commercial vehicles marketed under its own brands such as Changan Auto, Deepal, Avatr, Changan Qiyuan (Nevo), and Kaicene, as well as through joint ventures with international partners like Ford and Mazda. Core product lines consist of internal combustion engine vehicles including the CS, Eado, and UNI series; new energy vehicles (NEVs) featuring extended range and electric models; and commercial vehicles including pickups and MPVs. The company also manufactures automotive engines and components. Founded in 1862 and headquartered in Chongqing, China, Changan Automobile operates 117 subsidiaries and maintains production bases across China with growing global market outreach including Asia, the Middle East, Central and South America, and Europe. In a major strategic shift in 2025, Changan Automobile was restructured as an independent central state-owned enterprise under direct control of the Chinese central government, separating from China South Industries Group. The restart of operations as a standalone central SOE aimed to strengthen innovation capabilities in intelligent vehicles, robotics, aerial automobiles, and integrated automotive intelligence. Recent operational expansions include the acquisition of Hyundai’s Chongqing manufacturing plant, which now serves as a production platform for its Deepal brand electric vehicles, and ongoing investments in electric battery manufacturers to boost EV production capacity and reduce costs. The company has actively advanced autonomous driving technologies, partnering with Huawei on intelligent driving systems. Recent product launches include models such as NEVO E07, Deepal S05 and L07, Avatr 07, and a new generation CS75 PLUS. The firm’s revenue climbed with increased focus on new energy vehicles, although net profits faced a decline in the prior year. Changan targets a broad customer base spanning entry-level to premium segments with emphasis on smart, sustainable mobility solutions. Aside from passenger cars, its commercial vehicle offerings support logistics and transportation needs. The company’s strategic focus on innovation, smart mobility, and market diversification positions it as one of China’s leading automakers in both traditional and new energy vehicle markets. Its headquarters is located in the Jiangbei District of Chongqing, with a registered capital of approximately CNY 20 billion (USD 2.8 billion) and leadership under Chairman Zhu Huarong. The company’s extensive brand portfolio and joint ventures enable a comprehensive presence in China’s automotive industry alongside emerging global expansion efforts.