Chongqing Changan Automobile - Free Cash Generation

Chongqing Changan Automobile made a net profit of CNY 1,971 mil with revenues of CNY 21,218 mil in 2Q2020, up by 1% and up by 53%, respectively, compared to the previous year. This translates into a net margin of 9.29%.

On the operating level, EBITDA reached CNY 785 mil, up 796% compared to the previous year. Over the last five years, the company's EBITDA has risen 8.05% a year on average.

The company generated cash, defined by a sum of net profit and depreciation, of CNY 2,656 mil or 12.5% of sales. When investments are excluded, free cash flow reached CNY 3,599 mil, or 17.0% of sales in 2Q2020.

In the last five years, the company generated free cash flow of CNY 10,196 mil. That compares to a cumulative net profit of CNY 22,926 mil in the same period.

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.