By Helgi Library - September 28, 2020
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 u...
By Helgi Library - September 28, 2020
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 u...
By Helgi Library - September 28, 2020
Chongqing Changan Automobile generated sales of CNY 21,218 mil in 2Q2020, up 53% compared to the previous year. Historicall...
| Profit Statement | 2017 | 2018 | 2019 | |
| Sales | CNY mil | 80,012 | 66,298 | 70,595 |
| Gross Profit | CNY mil | 10,649 | 9,715 | 10,363 |
| EBITDA | CNY mil | 1,683 | 1,827 | 2,886 |
| EBIT | CNY mil | -280 | -557 | -189 |
| Financing Cost | CNY mil | 48.3 | 11.7 | 40.1 |
| Pre-Tax Profit | CNY mil | 7,181 | 658 | -2,242 |
| Net Profit | CNY mil | 7,137 | 681 | -2,647 |
| Dividends | CNY mil | 2,142 | 86.4 | 0 |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Total Assets | CNY mil | 106,125 | 93,489 | 97,617 |
| Non-Current Assets | CNY mil | 43,369 | 50,276 | 48,010 |
| Current Assets | CNY mil | 62,757 | 43,213 | 49,607 |
| Working Capital | CNY mil | 13,727 | 12,972 | 12,114 |
| Shareholders' Equity | CNY mil | 47,463 | 46,153 | 43,934 |
| Liabilities | CNY mil | 58,662 | 47,336 | 53,683 |
| Total Debt | CNY mil | 18,208 | 15,005 | 13,715 |
| Net Debt | CNY mil | -3,244 | 5,356 | 1,935 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | 15.7 | 1.45 | -5.88 |
| ROCE | % | 12.4 | 1.13 | -4.29 |
| Gross Margin | % | 13.3 | 14.7 | 14.7 |
| EBITDA Margin | % | 2.10 | 2.76 | 4.09 |
| EBIT Margin | % | -0.350 | -0.840 | -0.267 |
| Net Margin | % | 8.92 | 1.03 | -3.75 |
| Net Debt/EBITDA | -1.93 | 2.93 | 0.671 | |
| Net Debt/Equity | % | -6.83 | 11.6 | 4.41 |
| Cost of Financing | % | 0.234 | 0.070 | 0.279 |
| Valuation | 2017 | 2018 | 2019 | |
| Market Capitalisation | USD mil | 5,287 | 2,140 | 6,163 |
| Enterprise Value (EV) | USD mil | 4,789 | 2,922 | 6,441 |
| Number Of Shares | mil | 4,803 | 4,803 | 4,803 |
| Share Price | CNY | 11.9 | 6.58 | 10.0 |
| EV/EBITDA | 19.1 | 10.7 | 15.4 | |
| EV/Sales | 0.403 | 0.295 | 0.631 | |
| Price/Earnings (P/E) | 8.02 | 47.0 | -18.2 | |
| Price/Book Value (P/BV) | 1.21 | 0.684 | 1.10 | |
| Dividend Yield | % | 5.38 | 6.78 | 0.179 |
Get all company financials in excel:
| overview | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||||||||||||||||
| Sales | CNY mil | 37,875 | 50,849 | 63,830 | 78,542 | 80,012 | ||||||||||||||||||||
| Gross Profit | CNY mil | ... | 5,405 | 7,583 | 10,423 | 14,055 | 10,649 | |||||||||||||||||||
| EBIT | CNY mil | -1,504 | -860 | -60.8 | -492 | -280 | ||||||||||||||||||||
| Net Profit | CNY mil | 3,369 | 7,561 | 9,953 | 10,285 | 7,137 | ||||||||||||||||||||
| ROE | % | ... | 19.8 | 34.2 | 33.4 | 26.5 | 15.7 | |||||||||||||||||||
| EBIT Margin | % | -3.97 | -1.69 | -0.095 | -0.627 | -0.350 | ||||||||||||||||||||
| Net Margin | % | 8.89 | 14.9 | 15.6 | 13.1 | 8.92 | ||||||||||||||||||||
| Employees | ... | 30,877 | 34,260 | 37,457 | 41,173 | 39,138 | ||||||||||||||||||||
| balance sheet | ||||||||||||||||||||||||||
| Total Assets | CNY mil | 54,612 | 69,687 | 89,414 | 106,510 | 106,125 | ||||||||||||||||||||
| Non-Current Assets | CNY mil | 32,451 | 33,757 | 37,790 | 40,513 | 43,369 | ||||||||||||||||||||
| Current Assets | CNY mil | 22,161 | 35,930 | 51,624 | 65,998 | 62,757 | ||||||||||||||||||||
| Shareholders' Equity | CNY mil | 18,719 | 25,455 | 34,174 | 43,353 | 47,463 | ||||||||||||||||||||
| Liabilities | CNY mil | 35,893 | 44,232 | 55,240 | 63,157 | 58,662 | ||||||||||||||||||||
| Non-Current Liabilities | CNY mil | 6,269 | 4,909 | 4,962 | 3,163 | 4,059 | ||||||||||||||||||||
| Current Liabilities | CNY mil | 29,625 | 39,323 | 50,279 | 59,994 | 54,603 | ||||||||||||||||||||
| Net Debt/EBITDA | -122 | 7.27 | 1.85 | 0.110 | -1.93 | |||||||||||||||||||||
| Net Debt/Equity | % | 58.2 | 22.8 | 8.67 | 0.337 | -6.83 | ||||||||||||||||||||
| Cost of Financing | % | ... | 1.57 | 1.27 | 0.641 | 0.558 | 0.234 | |||||||||||||||||||
| cash flow | ||||||||||||||||||||||||||
| Total Cash From Operations | CNY mil | 2,961 | 11,321 | 13,659 | 11,963 | 7,483 | ||||||||||||||||||||
| Total Cash From Investing | CNY mil | -3,855 | -2,515 | -4,090 | -4,362 | -4,545 | ||||||||||||||||||||
| Total Cash From Financing | CNY mil | 952 | -3,384 | -1,206 | -2,327 | -4,455 | ||||||||||||||||||||
| Net Change In Cash | CNY mil | 50.6 | 5,420 | 8,363 | 5,268 | -1,542 | ||||||||||||||||||||
| valuation | ||||||||||||||||||||||||||
| Market Capitalisation | USD mil | ... | 8,897 | 10,560 | 10,288 | 6,869 | 5,287 | |||||||||||||||||||
| Enterprise Value (EV) | USD mil | ... | 10,696 | 11,496 | 10,745 | 6,890 | 4,789 | |||||||||||||||||||
| Number Of Shares | mil | 4,663 | 4,663 | 4,663 | 4,686 | 4,803 | ||||||||||||||||||||
| Share Price | CNY | ... | ... | 9.70 | 14.0 | 14.7 | 13.5 | 11.9 | ||||||||||||||||||
| Price/Earnings (P/E) | ... | ... | 13.5 | 8.66 | 6.87 | 6.18 | 8.02 | |||||||||||||||||||
| Price/Cash Earnings (P/CE) | ... | ... | 9.45 | 7.10 | 5.89 | 5.23 | 6.30 | |||||||||||||||||||
| EV/EBITDA | ... | -739 | 88.2 | 42.6 | 34.7 | 19.1 | ||||||||||||||||||||
| Price/Book Value (P/BV) | ... | ... | 2.42 | 2.57 | 2.00 | 1.46 | 1.21 | |||||||||||||||||||
| Dividend Yield | % | ... | ... | 0.516 | 0.713 | 1.70 | 4.73 | 5.38 |
| income statement | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||||||||||||||||
| Sales | CNY mil | 37,875 | 50,849 | 63,830 | 78,542 | 80,012 | ||||||||||||||||||||
| Cost of Goods & Services | CNY mil | ... | 32,470 | 43,266 | 53,407 | 64,488 | 69,363 | |||||||||||||||||||
| Gross Profit | CNY mil | ... | 5,405 | 7,583 | 10,423 | 14,055 | 10,649 | |||||||||||||||||||
| Selling, General & Admin | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5,045 | 6,228 | 7,384 | 7,556 | 5,894 | ||||||
| Research & Development | CNY mil | ... | ... | ... | ... | ... | 1,627 | 2,012 | 2,563 | 3,203 | 3,631 | |||||||||||||||
| Other Operating Expense | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 356 | 340 | 628 | 4,121 | 3,278 | ||||||
| Staff Cost | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | 1,138 | 1,520 | 2,025 | 1,930 | 1,517 | ||||||||||||
| Other Operating Cost (Income) | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | 0 | 0 | 0 | 0 | 1,613 | ||||||||||||
| EBITDA | CNY mil | -88.9 | 799 | 1,600 | 1,333 | 1,683 | ||||||||||||||||||||
| Depreciation | CNY mil | 1,415 | 1,658 | 1,661 | 1,826 | 1,963 | ||||||||||||||||||||
| EBIT | CNY mil | -1,504 | -860 | -60.8 | -492 | -280 | ||||||||||||||||||||
| Net Financing Cost | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 63.3 | 38.2 | -181 | -287 | -561 | ||||||
| Financing Cost | CNY mil | 211 | 191 | 115 | 122 | 48.3 | ||||||||||||||||||||
| Financing Income | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | 147 | 153 | 296 | 410 | 610 | ||||||||||||
| FX (Gain) Loss | CNY mil | -0.793 | 12.8 | 6.26 | 39.8 | 7.81 | ||||||||||||||||||||
| (Income) / Loss from Affiliates | CNY mil | ... | ... | -4,475 | -7,991 | -9,440 | -9,564 | -6,855 | ||||||||||||||||||
| Extraordinary Cost | CNY mil | -4,894 | -8,589 | -10,188 | -10,965 | -7,509 | ||||||||||||||||||||
| Pre-Tax Profit | CNY mil | 3,179 | 7,539 | 10,012 | 10,350 | 7,181 | ||||||||||||||||||||
| Tax | CNY mil | -153 | 20.9 | 89.3 | 73.2 | -27.5 | ||||||||||||||||||||
| Minorities | CNY mil | -37.1 | -43.1 | -30.2 | -8.69 | 71.2 | ||||||||||||||||||||
| Net Profit | CNY mil | 3,369 | 7,561 | 9,953 | 10,285 | 7,137 | ||||||||||||||||||||
| Net Profit Avail. to Common | CNY mil | 3,369 | 7,561 | 9,953 | 10,285 | 7,137 | ||||||||||||||||||||
| Dividends | CNY mil | 466 | 1,166 | 2,984 | 3,083 | 2,142 | ||||||||||||||||||||
| growth rates | ||||||||||||||||||||||||||
| Total Revenue Growth | % | ... | 32.0 | 34.3 | 25.5 | 23.0 | 1.87 | |||||||||||||||||||
| Operating Cost Growth | % | ... | 23.8 | 22.2 | 24.2 | 38.8 | -13.8 | |||||||||||||||||||
| Staff Cost Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 22.7 | 33.6 | 33.3 | -4.69 | -21.4 | |||||||||
| EBITDA Growth | % | ... | -513 | -998 | 100 | -16.7 | 26.2 | |||||||||||||||||||
| EBIT Growth | % | ... | 64.0 | -42.9 | -92.9 | 710 | -43.2 | |||||||||||||||||||
| Pre-Tax Profit Growth | % | ... | 139 | 137 | 32.8 | 3.38 | -30.6 | |||||||||||||||||||
| Net Profit Growth | % | ... | 133 | 124 | 31.6 | 3.34 | -30.6 | |||||||||||||||||||
| ratios | ||||||||||||||||||||||||||
| ROE | % | ... | 19.8 | 34.2 | 33.4 | 26.5 | 15.7 | |||||||||||||||||||
| ROA | % | ... | 6.69 | 12.2 | 12.5 | 10.5 | 6.71 | |||||||||||||||||||
| ROCE | % | ... | 8.95 | 17.4 | 19.8 | 18.2 | 12.4 | |||||||||||||||||||
| Gross Margin | % | ... | 14.3 | 14.9 | 16.3 | 17.9 | 13.3 | |||||||||||||||||||
| EBITDA Margin | % | -0.235 | 1.57 | 2.51 | 1.70 | 2.10 | ||||||||||||||||||||
| EBIT Margin | % | -3.97 | -1.69 | -0.095 | -0.627 | -0.350 | ||||||||||||||||||||
| Net Margin | % | 8.89 | 14.9 | 15.6 | 13.1 | 8.92 | ||||||||||||||||||||
| Payout Ratio | % | 13.8 | 15.4 | 30.0 | 30.0 | 30.0 | ||||||||||||||||||||
| Cost of Financing | % | ... | 1.57 | 1.27 | 0.641 | 0.558 | 0.234 | |||||||||||||||||||
| Net Debt/EBITDA | -122 | 7.27 | 1.85 | 0.110 | -1.93 |
| balance sheet | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | ||||||||||||||||||||||||||
| Cash & Cash Equivalents | CNY mil | 3,943 | 9,363 | 17,726 | 22,993 | 21,451 | ||||||||||||||||||||
| Receivables | CNY mil | 11,977 | 18,539 | 23,559 | 30,501 | 30,963 | ||||||||||||||||||||
| Inventories | CNY mil | 4,735 | 6,572 | 8,129 | 7,304 | 4,666 | ||||||||||||||||||||
| Other ST Assets | CNY mil | 1,506 | 1,456 | 2,211 | 5,199 | 5,676 | ||||||||||||||||||||
| Current Assets | CNY mil | 22,161 | 35,930 | 51,624 | 65,998 | 62,757 | ||||||||||||||||||||
| Property, Plant & Equipment | CNY mil | 16,944 | 17,606 | 18,925 | 21,425 | 24,382 | ||||||||||||||||||||
| LT Investments & Receivables | CNY mil | 376 | 554 | 539 | 440 | 549 | ||||||||||||||||||||
| Intangible Assets | CNY mil | ... | ... | 1,530 | 1,750 | 1,996 | 2,443 | 2,791 | ||||||||||||||||||
| Goodwill | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9.80 | 9.80 | 9.80 | 9.80 | 9.80 | |||||||||||
| Non-Current Assets | CNY mil | 32,451 | 33,757 | 37,790 | 40,513 | 43,369 | ||||||||||||||||||||
| Total Assets | CNY mil | 54,612 | 69,687 | 89,414 | 106,510 | 106,125 | ||||||||||||||||||||
| Trade Payables | CNY mil | 7,964 | 13,039 | 14,974 | 19,881 | 21,903 | ||||||||||||||||||||
| Short-Term Debt | CNY mil | 11,596 | 13,199 | 18,713 | 23,119 | 18,201 | ||||||||||||||||||||
| Other ST Liabilities | CNY mil | 7,273 | 9,946 | 12,899 | 8,918 | 9,865 | ||||||||||||||||||||
| Current Liabilities | CNY mil | 29,625 | 39,323 | 50,279 | 59,994 | 54,603 | ||||||||||||||||||||
| Long-Term Debt | CNY mil | 3,237 | 1,971 | 1,975 | 20.0 | 6.58 | ||||||||||||||||||||
| Other LT Liabilities | CNY mil | 3,031 | 2,938 | 2,987 | 3,143 | 4,053 | ||||||||||||||||||||
| Non-Current Liabilities | CNY mil | 6,269 | 4,909 | 4,962 | 3,163 | 4,059 | ||||||||||||||||||||
| Liabilities | CNY mil | 35,893 | 44,232 | 55,240 | 63,157 | 58,662 | ||||||||||||||||||||
| Preferred Equity and Hybrid Capital | CNY mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||
| Share Capital | CNY mil | 8,228 | 7,788 | 7,788 | 9,772 | 9,772 | ||||||||||||||||||||
| Treasury Stock | CNY mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||
| Equity Before Minority Interest | CNY mil | 18,857 | 25,637 | 34,385 | 43,574 | 47,599 | ||||||||||||||||||||
| Minority Interest | CNY mil | -138 | -182 | -212 | -221 | -136 | ||||||||||||||||||||
| Equity | CNY mil | 18,719 | 25,455 | 34,174 | 43,353 | 47,463 | ||||||||||||||||||||
| growth rates | ||||||||||||||||||||||||||
| Total Asset Growth | % | ... | 18.4 | 27.6 | 28.3 | 19.1 | -0.362 | |||||||||||||||||||
| Shareholders' Equity Growth | % | ... | 21.6 | 36.0 | 34.2 | 26.9 | 9.48 | |||||||||||||||||||
| Net Debt Growth | % | ... | 28.9 | -46.7 | -49.0 | -95.1 | -2,322 | |||||||||||||||||||
| Total Debt Growth | % | ... | 23.3 | 2.27 | 36.4 | 11.8 | -21.3 | |||||||||||||||||||
| ratios | ||||||||||||||||||||||||||
| Total Debt | CNY mil | 14,833 | 15,170 | 20,688 | 23,139 | 18,208 | ||||||||||||||||||||
| Net Debt | CNY mil | 10,890 | 5,807 | 2,962 | 146 | -3,244 | ||||||||||||||||||||
| Working Capital | CNY mil | 8,748 | 12,072 | 16,714 | 17,925 | 13,727 | ||||||||||||||||||||
| Capital Employed | CNY mil | 41,199 | 45,830 | 54,504 | 58,438 | 57,095 | ||||||||||||||||||||
| Net Debt/Equity | % | 58.2 | 22.8 | 8.67 | 0.337 | -6.83 | ||||||||||||||||||||
| Current Ratio | 0.748 | 0.914 | 1.03 | 1.10 | 1.15 | |||||||||||||||||||||
| Quick Ratio | 0.537 | 0.710 | 0.821 | 0.892 | 0.960 |
| cash flow | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| cash flow | ||||||||||||||||||||||||||
| Net Profit | CNY mil | 3,369 | 7,561 | 9,953 | 10,285 | 7,137 | ||||||||||||||||||||
| Depreciation | CNY mil | 1,415 | 1,658 | 1,661 | 1,826 | 1,963 | ||||||||||||||||||||
| Non-Cash Items | CNY mil | -2,697 | -210 | -746 | 462 | 1,886 | ||||||||||||||||||||
| Change in Working Capital | CNY mil | 698 | 2,092 | 2,552 | -1,068 | -4,102 | ||||||||||||||||||||
| Total Cash From Operations | CNY mil | 2,961 | 11,321 | 13,659 | 11,963 | 7,483 | ||||||||||||||||||||
| Capital Expenditures | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -2,590 | -2,211 | -3,017 | -4,642 | -3,283 | ||||||
| Net Change in LT Investment | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0 | -1,263 | ... | ||||||||||
| Net Cash From Acquisitions | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0 | -440 | 0 | 0 | 0 | ||||||
| Other Investing Activities | CNY mil | -1,265 | 136 | -1,073 | 280 | 0 | ||||||||||||||||||||
| Total Cash From Investing | CNY mil | -3,855 | -2,515 | -4,090 | -4,362 | -4,545 | ||||||||||||||||||||
| Dividends Paid | CNY mil | ... | ... | -233 | -466 | -1,169 | -2,988 | -3,080 | ||||||||||||||||||
| Issuance Of Shares | CNY mil | ... | 100 | 0 | 0 | 1,984 | 0 | |||||||||||||||||||
| Issuance Of Debt | CNY mil | 912 | -3,198 | -40.0 | 158 | -1,984 | ||||||||||||||||||||
| Other Financing Activities | CNY mil | 173 | 280 | 3.57 | -1,481 | 609 | ||||||||||||||||||||
| Total Cash From Financing | CNY mil | 952 | -3,384 | -1,206 | -2,327 | -4,455 | ||||||||||||||||||||
| Effect of FX Rates | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -7.61 | -1.60 | -0.130 | -6.61 | -25.6 | ||||||
| Net Change In Cash | CNY mil | 50.6 | 5,420 | 8,363 | 5,268 | -1,542 | ||||||||||||||||||||
| ratios | ||||||||||||||||||||||||||
| Days Sales Outstanding | days | 115 | 133 | 135 | 142 | 141 | ||||||||||||||||||||
| Days Sales Of Inventory | days | ... | 53.2 | 55.4 | 55.6 | 41.3 | 24.6 | |||||||||||||||||||
| Days Payable Outstanding | days | ... | 89.5 | 110 | 102 | 113 | 115 | |||||||||||||||||||
| Cash Conversion Cycle | days | ... | 79.1 | 78.5 | 87.9 | 70.6 | 50.5 | |||||||||||||||||||
| Cash Earnings | CNY mil | 4,784 | 9,219 | 11,613 | 12,111 | 9,100 | ||||||||||||||||||||
| Free Cash Flow | CNY mil | -894 | 8,806 | 9,569 | 7,601 | 2,938 | ||||||||||||||||||||
| Capital Expenditures (As % of Sales) | % | 6.84 | 4.35 | 4.73 | 5.91 | 4.10 |
| other ratios | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Employees | ... | 30,877 | 34,260 | 37,457 | 41,173 | 39,138 | ||||||||||||||||||||
| Cost Per Employee | USD per month | ... | ... | ... | ... | ... | ... | ... | ... | 500 | 603 | 710 | 581 | 480 | ||||||||||||
| Cost Per Employee (Local Currency) | CNY per month | ... | ... | ... | ... | ... | ... | ... | ... | 3,071 | 3,697 | 4,506 | 3,907 | 3,231 | ||||||||||||
| Operating Cost (As % of Sales) | % | 18.2 | 16.6 | 16.4 | 18.5 | 15.7 | ||||||||||||||||||||
| Research & Development (As % of Sales) | % | ... | ... | ... | ... | ... | 4.30 | 3.96 | 4.02 | 4.08 | 4.54 | |||||||||||||||
| Staff Cost (As % of Sales) | % | ... | ... | ... | ... | ... | ... | ... | ... | 3.00 | 2.99 | 3.17 | 2.46 | 1.90 | ||||||||||||
| Effective Tax Rate | % | -4.81 | 0.277 | 0.892 | 0.708 | -0.384 | ||||||||||||||||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 23.7 | 15.2 | 14.2 | 24.7 | 22.8 | |||||||||||||||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10.4 | 11.0 | 13.2 | 21.5 | 19.6 |
| valuation | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Market Capitalisation | USD mil | ... | 8,897 | 10,560 | 10,288 | 6,869 | 5,287 | |||||||||||||||||||
| Enterprise Value (EV) | USD mil | ... | 10,696 | 11,496 | 10,745 | 6,890 | 4,789 | |||||||||||||||||||
| Number Of Shares | mil | 4,663 | 4,663 | 4,663 | 4,686 | 4,803 | ||||||||||||||||||||
| Share Price | CNY | ... | ... | 9.70 | 14.0 | 14.7 | 13.5 | 11.9 | ||||||||||||||||||
| EV/EBITDA | ... | -739 | 88.2 | 42.6 | 34.7 | 19.1 | ||||||||||||||||||||
| Price/Earnings (P/E) | ... | ... | 13.5 | 8.66 | 6.87 | 6.18 | 8.02 | |||||||||||||||||||
| Price/Cash Earnings (P/CE) | ... | ... | 9.45 | 7.10 | 5.89 | 5.23 | 6.30 | |||||||||||||||||||
| P/FCF | ... | ... | -50.6 | 7.43 | 7.15 | 8.34 | 19.5 | |||||||||||||||||||
| Price/Book Value (P/BV) | ... | ... | 2.42 | 2.57 | 2.00 | 1.46 | 1.21 | |||||||||||||||||||
| Dividend Yield | % | ... | ... | 0.516 | 0.713 | 1.70 | 4.73 | 5.38 | ||||||||||||||||||
| Free Cash Flow Yield | % | ... | -1.63 | 13.6 | 14.7 | 16.5 | 8.26 | |||||||||||||||||||
| Earnings Per Share (EPS) | CNY | 0.720 | 1.62 | 2.13 | 2.19 | 1.49 | ||||||||||||||||||||
| Cash Earnings Per Share | CNY | 1.03 | 1.98 | 2.49 | 2.58 | 1.89 | ||||||||||||||||||||
| Free Cash Flow Per Share | CNY | -0.192 | 1.89 | 2.05 | 1.62 | 0.612 | ||||||||||||||||||||
| Book Value Per Share | CNY | 4.01 | 5.46 | 7.33 | 9.25 | 9.88 | ||||||||||||||||||||
| Dividend Per Share | CNY | 0.050 | 0.100 | 0.250 | 0.640 | 0.642 | ||||||||||||||||||||
| EV/Sales | ... | 1.74 | 1.39 | 1.07 | 0.590 | 0.403 | ||||||||||||||||||||
| EV/EBIT | ... | -43.7 | -82.0 | -1,123 | -94.0 | -115 | ||||||||||||||||||||
| EV/Free Cash Flow | ... | -73.5 | 8.00 | 7.13 | 6.09 | 11.0 | ||||||||||||||||||||
| EV/Capital Employed | ... | 1.57 | 1.56 | 1.28 | 0.819 | 0.546 | ||||||||||||||||||||
| Earnings Per Share Growth | % | ... | 132 | 125 | 31.8 | 2.60 | -32.0 | |||||||||||||||||||
| Cash Earnings Per Share Growth | % | ... | 102 | 92.7 | 26.0 | 3.77 | -26.7 | |||||||||||||||||||
| Book Value Per Share Growth | % | ... | 22.7 | 36.0 | 34.2 | 26.2 | 6.83 |
| sales of vehicles | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Price Per Vehicle Sold | CNY | ... | ... | ... | ... | 17,865 | 19,987 | 22,989 | 25,639 | 27,855 | ||||||||||||||||
| EBIT Per Vehicle Sold | CNY | ... | ... | ... | ... | -710 | -338 | -21.9 | -161 | -97.4 | ||||||||||||||||
| Net Profit Per Vehicle Sold | CNY | ... | ... | ... | ... | 1,589 | 2,972 | 3,585 | 3,357 | 2,485 | ||||||||||||||||
| Price Per Vehicle Sold (USD) | USD | ... | ... | ... | ... | 2,906 | 3,261 | 3,621 | 3,815 | 4,139 | ||||||||||||||||
| EBIT Per Vehicle Sold (USD) | USD | ... | ... | ... | ... | -115 | -55.1 | -3.45 | -23.9 | -14.5 | ||||||||||||||||
| Net Profit Per Vehicle Sold (USD) | USD | ... | ... | ... | ... | 258 | 485 | 565 | 500 | 369 | ||||||||||||||||
| Market Value per Vehicle Sold (USD) | USD | ... | ... | ... | ... | 4,197 | 4,151 | 3,705 | 2,242 | 1,841 | ||||||||||||||||
| Production of Vehicles | vehicles | ... | ... | ... | ... | 2,110,000 | 2,630,000 | 2,781,370 | 3,042,100 | 2,814,790 | ||||||||||||||||
| Sales of Vehicles | vehicles | ... | ... | ... | ... | 2,120,020 | 2,544,060 | 2,776,510 | 3,063,400 | 2,872,460 | ||||||||||||||||
| Sales of Passenger Vehicles | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Sales of Light Commercial Vehicles | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Sales of Heavy Commercial Vehicles | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||
| Sales of Buses | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| sales geography | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Sales of Vehicles in Asia Pacific | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - September 28, 2020
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 o...
By Helgi Library - September 28, 2020
Chongqing Changan Automobile generated sales of CNY 21,218 mil in 2Q2020, up 53% compared to the previous year. Historically, between 1Q1995 and 2Q2020, the company’s sales reached a high of CNY 28,581 mil in 4Q2017 and a low of CNY 591 mil in 1Q1995. ...
By Helgi Library - September 28, 2020
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 o...
By Helgi Library - October 12, 2020
Chongqing Changan Automobile's total assets reached CNY 102,802 mil at the end of 2Q2020, up 11% compared to the previous year. Current assets amounted to CNY 54,303 mil, or 52.8% of total assets while cash stood at CNY 20,994 mil at the en...
By Helgi Library - October 12, 2020
Chongqing Changan Automobile's total assets reached CNY 102,802 mil at the end of 2Q2020, up 11% compared to the previous year. Current assets amounted to CNY 54,303 mil, or 52.8% of total assets while cash stood at CNY 20,994 mil at the en...
By Helgi Library - September 28, 2020
Chongqing Changan Automobile made a net profit of CNY -2,647 mil with revenues of CNY 70,595 mil in 2019, down by 489% and up by 6.48%, respectively, compared to the previous year. This translates into a net margin of -3.75%. Historically, between 19...
By Helgi Library - September 28, 2020
Chongqing Changan Automobile made a net profit of CNY -2,647 mil with revenues of CNY 70,595 mil in 2019, down by 489% and up by 6.48%, respectively, compared to the previous year. This translates into a net margin of -3.75%. Historically, between 19...
By Helgi Library - September 28, 2020
Chongqing Changan Automobile employed 36,764 employees in 2019, up 2.04% compared to the previous year. Historically, between 1996 and 2019, the firm's workforce hit a high of 41,173 employees in 2016 and a low of 7,077 employees in 2002. Average per...
By Helgi Library - September 28, 2020
Chongqing Changan Automobile employed 36,764 employees in 2019, up 2.04% compared to the previous year. Historically, between 1996 and 2019, the firm's workforce hit a high of 41,173 employees in 2016 and a low of 7,077 employees in 2002. Average per...
By Helgi Library - September 28, 2020
Chongqing Changan Automobile stock traded at CNY 10.0 per share at the end 2019 translating into a market capitalization of USD 6,163 mil. Since the end of 2014, stock has depreciated by 28.5% representing an annual average growth of -6.50%. In absolute...
Chang'an Automobile (Chana) is an automobile manufacturer in Chongqing, China, and a state-owned enterprise with China Weaponry Equipment as its parent. Its production is primarily composed of no-frills passenger cars and mini-vehicles, microvans and microtrucks that see commercial use. Also known as Chana, the company is currently one of the "top 4" Chinese automakers along with Dongfeng Motor, FAW Group, and the Shanghai Automotive Industry Corporation. Although this datum only allowed the company to achieve fourth place, in terms of production, Chang'an made more than 1,837,000 whole vehicles in 2011. Foreign automakers that have joined joint ventures with Chang'an include Ford, Suzuki, and PSA Peugeot Citroen.
Chongqing Changan Automobile has been growing its sales by 6.78% a year on average in the last 5 years. EBITDA has grown on average by 29.3% a year during that time to total of CNY 2,886 mil in 2019, or 4.09% of sales. That’s compared to 2.63% average margin seen in last five years.
The company netted CNY -2,647 mil in 2019 implying ROE of -5.88% and ROCE of -4.29%. Again, the average figures were 14.2% and 9.45%, respectively when looking at the previous 5 years.
Chongqing Changan Automobile’s net debt amounted to CNY 1,935 mil at the end of 2019, or 4.41% of equity. When compared to EBITDA, net debt was 0.671x, down when compared to average of 0.727x seen in the last 5 years.
Chongqing Changan Automobile stock traded at CNY 10.0 per share at the end of 2019 resulting in a market capitalization of USD 6,163 mil. Over the previous five years, stock price fell by 28.5% or -6.50% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 15.4x and price to earnings (PE) of -18.2x as of 2019.
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