- Changan Auto sold 277,298 vehicles in November 2024.
- This represents a 22% increase compared to November of the previous year, where 227,327 units were sold.
- Year-to-date, Changan Auto has sold 2.43 million vehicles, marking a 4.1% increase from last year.
- Current analyst ratings include 23 buy recommendations and 6 hold recommendations; there are no sell recommendations.
A look at Chongqing Changan Automobile Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 4.2 |
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 renowned developer of various automobiles, has received high scores across multiple key factors indicating a promising long-term outlook. The company has obtained exceptional ratings in the areas of value and dividend, showcasing a strong financial position and investor-friendly dividends. Moreover, with a solid score in resilience, Chongqing Changan Automobile Company demonstrates its ability to weather economic uncertainties and challenges effectively.
Although facing a slightly lower momentum score, Chongqing Changan Automobile Company‘s overall outlook remains positive, supported by a strong foundation in value, dividend, growth, and resilience. As a leading player in the automobile industry, the company’s focus on manufacturing a wide range of vehicles, including mini cars, mini sedans, full-size sedans, and engines, highlights its diversified product portfolio and market presence, positioning it well for sustainable growth and profitability in the long run.
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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