- Changan Auto’s net income at the end of the financial year stood at 11.33 billion yuan, indicating a significant year-on-year increase from the previous 7.8 billion yuan.
- There was also a 45% year-on-year increase in the net income, representing healthy company growth.
- Changan Auto reported a hearty revenue of 151.30 billion yuan, up by 25% from the previous year.
- A final dividend per share stands at 34.3 RMB cents, demonstrating the company’s profitability and return on investment for shareholders.
- Overall market consensus shows a robust buy sentiment with 25 buys, accented by a stable confidence with 5 holds and no sells logged.
- The revealed results are a comparison to past reports based on figures released from the company’s original disclosures.
Chongqing Changan Automobile Company on Smartkarma
Analyst coverage of Chongqing Changan Automobile Company on Smartkarma has been positive. Travis Lundy, a well-known analyst on the platform, recently published a bullish report titled “Mainland Connect NORTHBOUND Flows: Net Sales Again on Midea and Wuliangye Yibin”. In this report, Lundy highlighted the trend of negative flows, with RMB 5.8bn being sold this week. The analysis provided insights into daily reversionary flows among large caps, emphasizing the significant impact on A-shares. The report also included detailed information on flows/position tables and charts to assist investors in making informed decisions.
Lundy’s research on Chongqing Changan Automobile Company reflects a positive sentiment towards the company’s outlook. The report provides valuable data and analysis, contributing to a deeper understanding of the market dynamics impacting the automotive sector. Investors seeking in-depth research and actionable insights on Chongqing Changan Automobile Company can benefit from the comprehensive coverage available on Smartkarma, featuring top independent analysts like Travis Lundy.
A look at Chongqing Changan Automobile Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 5.0 |
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 has received exceptional Smart Scores across the board, indicating a very positive long-term outlook for the company. With top ratings in Value, Dividend, Growth, Resilience, and Momentum, Chongqing Changan Automobile Company is well-positioned for future success. The company excels in areas such as financial strength, dividend payouts, growth potential, ability to weather economic downturns, and market momentum, making it a solid choice for investors looking for a company with strong fundamentals and growth prospects.
Specializing in the development, manufacturing, and marketing of a wide range of vehicles and engines, including mini cars, mini sedans, and full-size sedans, Chongqing Changan Automobile Company Limited is a key player in the automotive industry. The company’s high Smart Scores reflect its robust performance across various critical factors, indicating a promising future ahead.
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.
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