Changan Automobile Co., Ltd. (Changan Automobile), based in Chongqing, reported a year-on-year increase of 2.67% in sales revenue for 2025. However, the net profit attributable to the shareholders of the listed company dropped by 44.34% compared to the previous year, indicating that the company’s revenue growth did not translate into increased profits.
On April 11, Changan Automobile released its “2025 Annual Report”. According to the report, the company’s operating income reached 164.00 billion yuan in 2025, a 2.67% increase compared to 2024. The net profit attributable to the shareholders of the listed company was 4.075 billion yuan, representing a 44.34% decrease from the previous year.
The report did not specify the exact reasons for the losses, only vaguely mentioning “drastic changes in the external environment, as well as increased internal challenges in a complex and severe situation,” while acknowledging the existence of “intense internal competition” in the Chinese automotive market.
Regarding potential risks the company may face in the future, the report cited concerns such as cost control, fluctuations in overseas markets, and “increasing differentiation in global monetary policies, with major global currency exchange rates entering a high volatility range, which may affect the company’s foreign exchange gains and losses in overseas business as well as the demand for automobiles in terminal markets.”
Publicly available information shows that Changan Automobile is a member of one of China’s four major automotive groups, boasting a 162-year history and standing as a representative of Chinese automotive brands.