Chongqing Changan Automobile - Cash Flow

Chongqing Changan Automobile's operating cash flow stood at CNY 2,801 mil in 2Q2020, up 196% when compared to the previous year. Historically, between 1Q1995 - 2Q2020, the firm’s operating cash flow reached a high of CNY 7,239 mil in 2Q2016 and a low of CNY -4,412 mil in 3Q2018.

Chongqing Changan Automobile's total investments stood at CNY 799 mil and accounted for 2.94% of sales in 2Q2020. This is compared to an average of 6.40% as seen over the last five years.

Cash from financing amounted to CNY 508 mil, so the company generated CNY 4,114 mil net cash in 2Q2020.

At the end of 2Q2020, the company had a net debt of CNY -2,052 mil, or -0.364x of EBITDA and -4.41% of equity. Net working capital amounted to CNY 9,763 mil, or 46.0% of sales. Cash conversion cycle is negative and reached 36.2 days days in 2Q2020. This means Chongqing Changan Automobile generates revenue from customers before it has to pay its suppliers for inventory, among other things.

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.