Changan Automobile’s net profit in the first quarter was 4.536 billion, an increase of 431.45% year-on-year, and the overall sales volume was 650,000.

Source: Caijing Network2022-04-28 23:02
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Financial NetworkAuto News On April 28, Changan Automobile released its first-quarter performance report. The company achieved operating income of 34.576 billion yuan, a year-on-year increase of 7.96%; net profit of 4.536 billion yuan, a year-on-year increase of 431.45%; basic earnings per share of 0.59 yuan.

On April 27, the 2021 financial report disclosed by Changan Automobile showed that it achieved sales of 2.301 million vehicles last year, a year-on-year increase of 14.8%, and its market share increased by 0.8 percentage points year-on-year; it achieved operating income of 105.142 billion yuan, a year-on-year increase of 24.33%; The net profit of shareholders of listed companies was 3.552 billion yuan, a year-on-year increase of 6.87%; earnings per share were 0.47 yuan.

According to the monthly data released by the Association of Automobile Manufacturers, Changan Automobile sold 650,000 vehicles in the first quarter, a year-on-year increase of 1.6%; Changan’s Chinese brand vehicles sold 529,000 vehicles in the first quarter, an increase of 1.3%; the first-quarter sales of Chinese brand passenger vehicles According to statistics, Changan Automobile sold 375,000 vehicles; at the same time, in the field of new energy, Changan Automobile also maintained growth.

In the secondary market, Changan Automobile’s share price has fallen by more than 57% since its high point last year. As of today’s close, Changan Automobile closed at 9.52 yuan per share, an increase of 3.93%, with a total market value of regarding 72.66 billion.

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