Chongqing Changan Automobile Co Ltd

Chongqing Changan maintains a strong liquidity position with a current ratio of 1.21, indicating sufficient short-term assets to cover liabilities. The company's liquidity_fpt score reflects a medium liquidity risk, primarily due to negative net cash after subtracting total debt. Free cash flow of 1.3 billion CNY supports operational flexibility, though capital expenditures of -4.7 billion CNY suggest ongoing investment in infrastructure and production capacity. Profitability metrics show a return on equity of 5.27% and a return on assets of 2.01%, both below the industry median for auto manufacturers. Gross profit of 22.6 billion CNY and operating income of 3.7 billion CNY indicate moderate efficiency in cost control and pricing power. The debt-to-equity ratio of 0.06 suggests a conservative capital structure with limited leverage. The company's revenue is concentrated in its domestic market, with disclosed segments including passenger cars, commercial vehicles, and automotive components. No specific geographic breakdown is provided, but the company's operations are heavily exposed to the Chinese automotive market, which is subject to regulatory and economic volatility. Growth trajectory is positive, with revenue reaching 163.9 billion CNY in the latest period. Analysts project a mean price target of 13.18 CNY, with a median of 12.77 CNY. The company's outlook for the current fiscal year includes a continuation of revenue growth, supported by expanding production capacity and a strong product portfolio. Risk factors include medium liquidity risk and potential dilution, though the latter is currently assessed as low. The company has not issued new shares recently, and no dilution sources are identified in the latest filings. Adjustments to valuations reflect conservative assumptions about future cash flows and market conditions. Recent events include the release of the latest financial report, which highlights continued investment in R&D and production. No major regulatory or legal issues were disclosed in the latest filings, and the company remains focused on expanding its market share in both domestic and international markets.