- August Vehicle Sales: Changan Auto sold 187,117 vehicles in August 2024.
- Year-to-Date Sales: Total vehicle sales for Changan Auto in 2024 reached 1.69 million units so far.
- Market Sentiment: Analysts’ recommendations for Changan Auto include 26 buys, 5 holds, and no sells.
A look at Chongqing Changan Automobile Company Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 5 | |
Dividend | 5 | |
Growth | 5 | |
Resilience | 5 | |
Momentum | 2 | |
OVERALL SMART SCORE | 4.4 |
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, a prominent player in the automotive industry, has been awarded stellar scores across various key factors according to SmartKarma Smart Scores. With top marks in Value, Dividend, Growth, and Resilience, the company demonstrates a strong fundamental foundation and promising long-term prospects. These high scores indicate the company’s solid financial health, attractive valuation, commitment to growth, and ability to weather economic uncertainties effectively.
Although facing some challenges in Momentum, Chongqing Changan Automobile Company‘s overall outlook remains optimistic, supported by its exceptional performance in other crucial areas. The company’s diversified product portfolio, including mini cars, sedans, and engines, positions it well to capitalize on evolving market trends and drive sustained growth in the ever-evolving automotive sector.
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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