Changan Automobile
Financial Performance
Changan Automobile Revenue & Financials
Revenue
~$22.8B (FY2025)
Market Cap
$8.9B
Net Income
~$566.5M
Employees
58,274
What is Changan Automobile's revenue?
Changan Automobile had ~$22.8B in revenue for fiscal year 2025, up 2.7% from 2024. Net income was ~$566.5M.
- Latest revenue
- ~$22.8B (FY2025)
- Year-over-year
- +2.7%
- Growth rate (CAGR)
- 11.8% over 4 years
- Peak revenue
- ~$22.8B (FY2025)
- Years of data
- 5
- Employees
- 58,274
- How much profit does Changan Automobile make?
- Changan Automobile reported net income of ~$566.5M for fiscal year 2025. stockanalysis.com
- How many employees does Changan Automobile have?
- Changan Automobile has about 58,274 employees.
Financial Analysis
Chongqing Changan Automobile reported FY2025 revenue of ~$22.8 billion (CN¥164.0 billion), up 2.7%. Net profit attributable to shareholders fell 44.3% to ~$567 million (CN¥4.08 billion), while net profit excluding one-off items rose 8.0% to ~$389 million (CN¥2.80 billion). Gross margin was 15.5%. R&D spending rose 23.8% to ~$1.75 billion (CN¥12.6 billion), about 7.7% of revenue. Cash and equivalents were above ~$7.51 billion (CN¥54 billion) at year-end. Results weakened in H1 2026: revenue was ~$9.12 billion (CN¥65.63 billion) (down 9.7%) and net profit attributable to shareholders was ~$114 million (CN¥817 million) (down 64.3%). Q2 revenue alone was ~$4.57 billion (CN¥32.9 billion) (down 14.5%). The board proposed a 2025 cash dividend of CN¥1.15 per 10 shares. In late August 2026, the market value was about CN¥63.8 billion (roughly $8.9 billion).
Revenue Trend Analysis
YoY Change
+2.7%
4-Year CAGR
+11.8%
Peak Year
2025
Trend
Consistent Growth
Changan Automobile has 5 full fiscal year figures on this page, compounding at +11.8% annually over 4 years. The most recent year saw a 2.7% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$22.8B. Of 4 comparable year-over-year steps, 4 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | ~$22.8B | ~$566.5M | +2.7% | Chongqing Changan Automobile Company (SHE:000625) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2025-12-31. |
| FY2024 | ~$22.2B | ~$1B | +5.6% | Chongqing Changan Automobile Company (SHE:000625) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2024-12-31. |
| FY2023 | ~$21B | ~$1.6B | +24.8% | Chongqing Changan Automobile Company (SHE:000625) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2023-12-31. |
| FY2022 | ~$16.9B | ~$1.1B | +15.3% | Chongqing Changan Automobile Company (SHE:000625) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2022-12-31. |
| FY2021 | ~$14.6B | ~$493.8M | — | Chongqing Changan Automobile Company (SHE:000625) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2021-12-31. |
Click any row to see year details.
Keep researching Changan Automobile
Changan Automobile Revenue and Financial FAQ
What was Changan Automobile's total annual revenue in recent fiscal years?
Changan Automobile reported revenue of CN¥164.0 billion (about $22.8 billion) for fiscal 2025, up 2.7% from ~$22.2 billion (CN¥159.7 billion) in 2024. Revenue was ~$21 billion (CN¥151.3 billion) in 2023 and ~$16.9 billion (CN¥121.3 billion) in 2022.
What is Changan Automobile's net profit?
Net profit attributable to shareholders was ~$567 million (CN¥4.08 billion) in 2025, down 44.3% from ~$1.02 billion (CN¥7.32 billion) in 2024 and below the ~$1.57 billion (CN¥11.33 billion) peak in 2023. Net profit excluding one-off items rose 8.0% to ~$389 million (CN¥2.80 billion). Gross margin was 15.5%.
What were Changan's H1 2026 results?
For the six months ended June 30, 2026, Changan reported revenue of ~$9.12 billion (CN¥65.63 billion), down 9.7% year on year. Net profit attributable to shareholders was ~$114 million (CN¥817 million), down 64.3%. Q2 revenue was ~$4.57 billion (CN¥32.9 billion), down 14.5%.
How many vehicles does Changan export?
Changan sold a record 637,000 vehicles overseas in 2025, up 18.9% and about 22% of total sales. It sells in 118 countries and regions through 1,124 outlets, and its monthly overseas sales passed 100,000 for the first time in March 2026.
How much does Changan spend on R&D?
Changan's R&D spending was about $1.75 billion (CN¥12.6 billion) in 2025, up 23.8% and roughly 7.7% of revenue. The money goes mainly to the SDA central electrical architecture, intelligent driving, batteries through the CATL joint venture Times Changan, and hybrid powertrains.
What is Changan Automobile's market capitalization?
Changan's market capitalization was about CN¥63.8 billion (roughly $8.9 billion) as of August 27, 2026, according to StockAnalysis. That was about 45% lower than a year earlier, as profits fell.
Does Changan Automobile pay a dividend?
Yes. For fiscal 2025, Changan's board proposed a cash dividend of CN¥1.15 per 10 shares on about 9.91 billion shares. That works out to roughly $153 million (CN¥1.1 billion), or about 28% of 2025 net profit attributable to shareholders.
What are the financial goals of Changan's 2030 strategy?
Under the '1+4+4+5' strategy announced in April 2026, Changan Group targets ~$83.4 billion (RMB 600 billion) in revenue by 2030, along with 2.4 million NEV sales, 1.5 million overseas sales and ~$27.8 billion (RMB 200 billion) in brand value. These targets apply to the whole group, not only the listed company.
Is Changan Automobile owned by the government?
Yes, Changan is a massive state-owned enterprise (SOE), ultimately controlled by the Chinese government. This provides them with immense financial stability and massive subsidies to aggressively develop electric vehicles.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Changan Automobile Revenue & Financials." CorpDigest, https://corpdigest.com/company/changan-automobile/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Changan Automobile reported ~$22.8B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/changan-automobile/financials" target="_blank" rel="noopener">CorpDigest — Changan Automobile financials</a></div>Related Financial Audits
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