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    Changan Automobile Performance in 2025: Financials, Sales, Top Models, and Market Trends

    6 months ago

    Changan Automobile, one of China’s leading state-owned automotive manufacturers based in Chongqing, demonstrated solid growth and profitability expansion in early 2025, driven by its "Third Entrepreneurship" innovation strategy, a strong product mix with new energy vehicles, and rapid overseas market penetration. The company targets significant sales growth and rising global competitiveness. Financial Performance and Profitability Q1 2025 Revenue: Approximately CNY 88.8 billion (~$12.4 billion USD estimated), contributing to a full-year revenue target of around CNY 355 billion (~$49 billion USD) Q1 2025 Net Profit: Between CNY 1.3 billion and 1.4 billion (~$180–190 million USD), representing a 12.26%–20.89% year-over-year increase Adjusted Net Profit (excluding non-recurring items): Between CNY 730 million and 830 million, up more than 550% compared to Q1 2024 Earnings Per Share (Q1 2025): Estimated at 0.13–0.14 yuan Operating Margin: Improving through product mix optimization and enhanced NEV profitability Capital Investment: Ongoing investments focused on electrification, new technology, and global expansion initiatives Vehicle Sales and Production Total Vehicle Sales (Q1 2025): 705,187 units, a 1.89% increase year-over-year New Energy Vehicle (NEV) Sales (Q1 2025): 194,173 units, driving profitability gains Overseas Sales (Q1 2025): 159,585 units, showing solid international progress Self-Owned Brand Sales: 611,031 units, including 452,711 passenger vehicles Key models span passenger cars, SUVs, and commercial vehicles under various brand sub-names including Changan, Deepal, Avatr, and cooperations with Ford and Mazda Regional and Global Sales Performance Domestic Market: Strong sales of both traditional and NEV models within China International Markets: Increasing footprint with substantial growth in overseas vehicle deliveries Growth Drivers: Brand elevation, innovation strategy execution, and expanding NEV portfolio Overseas sales projected to comprise approximately 30% of total group revenue by 2025 Profitability and Cost Factors Enhanced profitability from NEV segment and self-owned brand portfolio optimization Continued focus on technology innovation, smart cockpit, smart driving systems, and battery swap services Cost and efficiency improvements supporting margin gains despite competitive market pressures Debt and Liquidity The company maintains manageable leverage with improving cash flow reflects operational strength Strong liquidity supports R&D, manufacturing capacity expansion, and international growth ambitions Best Selling Models: Overview and Highlights Model/Brand Highlights Changan UNI Popular compact crossover with NEV variants Avatr NEV Series Advanced new energy luxury electric vehicles Changan CS75 Plus Strong SUV offering, popular in domestic market Deepal Range Expanding portfolio of affordable EV options     Weakest Performers and Segment Underperformance Traditional internal combustion engine (ICE) vehicles face ongoing decline Some legacy models are being phased out as electrification strategy advances Key Financial and Operational Metrics Metric Value Notes Q1 2025 Vehicle Sales 705,187 units +1.89% YoY growth NEV Sales (Q1 2025) 194,173 units Key growth segment Overseas Sales (Q1 2025) 159,585 units Expanding globally Q1 2025 Net Profit CNY 1.3–1.4 billion (~$180M) 12.26%–20.89% YoY increase Revenue (2025 Target) CNY 355 billion (~$49 billion USD) Forecast with 12% sales growth     Industry Outlook and Strategic Focus Changan aims to become a top ten global automaker by 2030 with targeted sales of 3 million units including 1 million NEVs in 2025 Continued advancement in proprietary technologies and accumulated core competencies for global competitiveness Expansion into emerging markets and new mobility fields such as robotics, flying vehicles, and AI Strengthening self-owned brands alongside partnerships with Ford and Mazda Summary Changan Automobile delivered robust growth and profitability in Q1 2025 fueled by a diversified and growing new energy vehicle portfolio, solid overseas expansion, and continued innovation under its "Third Entrepreneurship" strategy. The company targets ambitious sales growth and global market positioning, underpinned by investments in technology and operational efficiency. Progress in NEV sales and overseas markets suggests Changan is well on its way to becoming a leading global automotive player. Sources Changan Automobile Q1 2025 Earnings Forecast and Sales Reports Automotive industry market analysis on Chinese OEM growth dynamics in 2025 Company disclosures and news coverage on Changan global strategy and financials
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