Chongqing Changan Automobile - Balance Sheet

Chongqing Changan Automobile's total assets reached CNY 97,617 mil at the end of 2019, up 4.42% compared to the previous year.

Current assets amounted to CNY 49,607 mil, or 50.8% of total assets while cash stood at CNY 11,780 mil at the end of 2019.

By contrast, total debt reached CNY 13,715 mil at the year-end, or 14.1% of total assets, while the firm's equity amounted to CNY 43,934 mil. As a result, net debt stood at CNY 1,935 mil at the end of 2019 and accounted for 4.41% of equity.

Net debt against equity is down 18.4 pp from five years ago (22.8%). The ratio against EBITDA decreased from 7.27x seen in 2014 to 0.671x.

The company’s cost of funding amounted to 0.279% in 2019, down 0.078 pp compared to the average over the last 5 years.

You can see all the company’s data at Chongqing Changan Automobile profile, or you can download a report on the company in the report section.