- Changan Auto’s vehicle sales in March reached 259,042 units.
- This figure represents a 5.7% increase in sales compared to the same period last year.
- So far this year, the company has sold a total of 692,113 units.
- This year-to-date figure shows a 14% increase in sales compared to the same period last year.
- The company has received 25 buys and 5 holds, with no sells reported.
- All comparisons to past results are based on values reported by the company’s original disclosures.
Chongqing Changan Automobile Company on Smartkarma
The independent investment research network Smartkarma has recently published a report on Chongqing Changan Automobile Company by analyst Travis Lundy. The report reveals that the company’s Mainland Connect NORTHBOUND flows were negative again, with RMB 5.8bn being sold this week. This trend has been consistent and strong, with reversionary flows on a daily basis among large caps. The report, titled “Mainland Connect NORTHBOUND Flows (To 8 Dec 23): Net Sales Again on Midea and Wuliangye Yibin,” includes various charts and tables for readers to analyze the data.
According to the report, last week saw NORTHBOUND net sell RMB 5.8bn of A-shares in higher-than-normal activity. The weekly position charts over the last year also show a significant change, as highlighted in the Sectors table. This report is part of the Quiddity Mainland Connect NORTHBOUND Monitor, which also includes the A/H Premium Monitor and HK Connect SOUTHBOUND Monitor. With its comprehensive analysis and insights, this report by Travis Lundy provides valuable information for investors interested in Chongqing Changan Automobile Company.
A look at Chongqing Changan Automobile Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 5.0 |
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 is one of the leading automobile companies in China, with a strong overall outlook according to Smartkarma Smart Scores. This company scores a perfect 5 out of 5 in all categories including value, dividend, growth, resilience, and momentum. This means that the company is performing well in terms of its financials, dividends, future growth potential, ability to withstand market fluctuations, and current market momentum.
The company, which develops, manufactures, and markets mini cars, mini sedans, full size sedans, and engines, has a promising long-term outlook. With a perfect score in all categories, it is evident that Chongqing Changan Automobile Company is a solid investment option. Investors can expect good returns and consistent dividends from this company, as well as potential for future growth. Furthermore, the company’s resilience and momentum indicate that it is well-positioned to weather any market challenges and continue its upward trajectory.
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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