Earnings Alerts

Chongqing Changan Automobile Company (200625) June Vehicle Sales: Earnings Analysis and YTD Performance

  • Changan Auto sold 225,013 vehicles in June 2024.
  • This represents a slight decrease of 0.3% compared to June 2023, where sales were 225,696 units.
  • Year-to-date vehicle sales for Changan Auto reached 1.33 million units.
  • This year-to-date figure shows a significant growth of 9.7% compared to the same period in the previous year.
  • Analyst ratings for Changan Auto include 27 recommendations to buy, 5 hold ratings, and no sell ratings.
  • These comparisons are based on original disclosures from the company.

A look at Chongqing Changan Automobile Company Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE4.4

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, shows strong potential for long-term prosperity. With top scores of 5 in both Value and Dividend, the company is well-positioned for sustained growth and attractive returns for investors. Moreover, its solid scores of 4 in Growth, Resilience, and Momentum indicate a company that is on a steady upward trajectory in terms of market performance and stability.

Specializing in the development, production, and sale of a variety of vehicles, including mini cars, mini sedans, and full-size sedans, Chongqing Changan Automobile Company Limited demonstrates a commitment to innovation and market presence. With a strong emphasis on shareholder value and consistent financial performance, the company’s Smartkarma Smart Scores paint a picture of a company poised for continued success in the competitive automotive market.


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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