- Changan Auto reported a net income of 7.32 billion yuan for the fiscal year 2024.
- This marks a 35% decrease in net income compared to the prior year’s 11.33 billion yuan.
- The company’s revenue increased by 5.6%, reaching 159.7 billion yuan.
- Analyst recommendations for Changan Auto include 24 buy ratings, 5 hold ratings, and no sell ratings.
- The reported figures are based on the company’s original financial disclosures.
A look at Chongqing Changan Automobile Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Chongqing Changan Automobile Company Limited, a leading manufacturer of various automobile models and engines, has received high marks across the board according to Smartkarma Smart Scores. Excelling in value and dividend, the company’s strong financials and consistent returns make it an attractive long-term investment option. Additionally, its high resilience score indicates a robust ability to weather market fluctuations and uncertainties, providing stability for investors.
While Chongqing Changan Automobile Company demonstrates impressive growth potential, backed by a solid score in this area, its momentum score is slightly lower, suggesting a moderate current market performance. Overall, with top scores in key factors like value and dividend, coupled with promising growth prospects, the company presents a compelling opportunity for investors seeking a reliable and profitable long-term investment in the automobile industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
