Major Chinese state automaker producing passenger cars and EVs under Changan and joint-venture brands (with Ford, Mazda).
Major Chinese state automaker producing passenger cars and EVs under Changan and joint-venture brands (with Ford, Mazda).
Sells own-brand cars and electric models through dealers in China and abroad, while the joint ventures with Ford and Mazda contribute only their share of profit and have shrunk in importance. State-owned, it is controlled through a central-government group that has historically been the Changan Automobile group.
In one line: A Chinese GM/Stellantis hybrid with EV sub-brands.
Moat: narrow (scale, brand, distribution). State-backed scale automaker with an extensive dealer network and joint-venture technology access.
Headquarters: Chongqing, China · Employees: 58,274
Size Chongqing Changan Automobile (000625.SZ) is a China Consumer Discretionary company (Motor Vehicles) with a market value of $9.51B, the 264th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.17 on 6 Nov 2026.
Performance Over six months the shares fell 24.8%, against -8.2% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue fell 7.3% over the last twelve months (peer median +8.1%); the operating margin is 0.1% (peer median 5.9%).
Valuation It trades at 28.5× forward earnings against a peer median of 12.0× (4th most expensive of 16).
Capital Return on invested capital runs 3.5 points below its cost of capital (7.9% WACC).
Next results Next results expected around 22 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥151B | CN¥161B | CN¥156B | CN¥147B | CN¥117B |
| Revenue growth | — | +3% | +6% | +25% | — |
| Gross profit | CN¥24.6B | CN¥18.3B | CN¥16.9B | CN¥19.1B | CN¥19.3B |
| EBITDA | n/a | CN¥6.35B | CN¥6.75B | CN¥10.1B | CN¥11.2B |
| Net income | CN¥1.08B | CN¥4.08B | CN¥7.32B | CN¥11.3B | CN¥7.80B |
| Free cash flow | -CN¥16.1B | -CN¥2.57B | CN¥115M | CN¥17.4B | CN¥6.01B |
| Capital expenditure | CN¥5.30B | CN¥4.68B | CN¥4.87B | CN¥2.82B | CN¥1.41B |
| Total debt | CN¥39.9B | CN¥46.5B | CN¥36.5B | CN¥39.2B | CN¥24.5B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Chongqing Changan Automobile 000625.SZ | $9.51B | -25% | -7% | 0% | 28.5× | n/a |
| BYD 002594.SZ | $96.6B | -17% | -4% | 4% | 21.2× | n/a |
| Geely Auto 0175.HK | $20.1B | -34% | +27% | 4% | 6.5× | -9.3% |
| SAIC Motor 600104.SS | $17.8B | -24% | -3% | 2% | 11.9× | -14.7% |
| Great Wall Motor 601633.SS | $15.0B | -29% | +8% | 2% | 15.1× | -7.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000625.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.9% | +5.7% | 7th lowest of 21 |
| 6-month return | -24.8% | -8.2% | 7th lowest of 21 |
| Distance from 52-week high | -44.0% | -25.8% | 4th lowest of 21 |
| Revenue growth (TTM) | -7.3% | +8.1% | 4th lowest of 21 |
| Operating margin | 0.1% | 5.9% | 9th lowest of 21 |
| Forward P/E | 28.5× | 12.0× | 4th most expensive of 16 |
| ROIC minus cost of capital | -3.5 pp | -1.2 pp | 7th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Chongqing Changan Automobile 000625.SZ | China | $9.51B | -25% | -7% | 0% | 28.5× | n/a | n/a |
| XPeng 9868.HK | Hong Kong | $9.51B | -37% | +29% | -7% | n/a | n/a | n/a |
| Renault RNO.PA | France | $9.39B | +2% | +6% | 6% | 4.9× | 3.4% | +5.9% |
| Isuzu Motors 7202.T | Japan | $9.26B | -1% | +5% | 6% | 8.8× | n/a | n/a |
| Yamaha Motor 7272.T | Japan | $10.1B | +54% | +10% | 6% | 9.3× | 4.2% | +11.5% |
| Porsche Automobil Holding SE Pref PAH3.DE | Germany | $8.98B | -19% | +13% | 108% | 33.4× | 9.4% | +2.4% |
| Yutong Bus 600066.SS | China | $10.1B | -12% | +3% | 14% | 11.5× | -10.0% | +13.8% |
| Seres 601127.SS | China | $11.0B | -51% | -6% | -4% | 139.8× | n/a | n/a |
| Oshkosh OSK | United States | $8.19B | -3% | +4% | 7% | 11.2× | 4.7% | +8.7% |
| Tata Motors Passenger Vehicles TMPV.NS | India | $11.4B | -19% | -22% | 0% | 10.7× | n/a | n/a |
| Shimano 7309.T | Japan | $11.5B | +29% | +5% | 12% | 35.8× | 6.0% | +4.3% |
| Hero Motocorp HEROMOTOCO.NS | India | $11.7B | +3% | +27% | 12% | 19.1× | 14.1% | +9.2% |
| NIO 9866.HK | Hong Kong | $7.60B | -46% | +70% | -4% | n/a | n/a | n/a |
| VinFast Auto VFS | United States | $7.60B | -25% | +74% | -86% | n/a | n/a | n/a |
| Ather Energy ATHERENERG.NS | India | $7.57B | +101% | +63% | -7% | n/a | n/a | n/a |
| Jardine Cycle & Carriage C07.SI | Singapore | $7.36B | -28% | -11% | 10% | 8.2× | -7.8% | +8.9% |
| Subaru 7270.T | Japan | $12.3B | +16% | 0% | 3% | 12.0× | 2.7% | +11.1% |
| Li Auto-w 2015.HK | Hong Kong | $12.4B | -32% | -24% | -7% | n/a | n/a | n/a |
| Zhejiang CFMoto Power 603129.SS | China | $7.23B | +16% | +40% | 11% | 19.9× | -3.9% | +34.5% |
| Federal Signal FSS | United States | $6.92B | -4% | +24% | 17% | 20.1× | 11.8% | +14.0% |
| Zhejiang Leapmotor Technology 9863.HK | Hong Kong | $6.34B | -25% | +71% | -1% | 16.1× | -14.5% | +150.7% |