Chongqing Changan Automobile (000625): Q1 performance increased year-on-year, with a strong launch of new products cycle.

Event: On April 25, the company released its performance announcement for the first quarter of 2025. The company achieved revenue of 34.16 billion yuan in Q1 2025, with year-on-year and quarter-on-quarter decreases of -7.7% and -30.0% respectively; the net income attributable to the parent company was 13.5.

Founder SecuritiesApr 26 00:00

Changan Automobile: Report for the first quarter of 2025

SZSIApr 26 00:00 · Announcements

Chongqing Changan Automobile (000625.SZ) released its first-quarter performance, with a net income of 1.353 billion yuan, a year-on-year increase of 16.81%.

Chongqing Changan Automobile (000625.SZ) released its Q1 2025 report, in the first quarter, the company achieved revenue...

Zhitong FinanceApr 25 18:25

Chongqing Changan Automobile: Core profit growth of 601% in the first quarter of 2025, revenue decline raises concerns.

Chongqing Changan Automobile's performance in the first quarter of 2025: core profit grew by 601%, but the decline in revenue raises concerns. Key points from the earnings report show a divergence in revenue and profit performance: in the first quarter, revenue was 34.161 billion yuan, a year-on-year decrease of 7.73%; the net income attributable to the parent company was 1.353 billion yuan, a year-on-year increase of 16.81%. Core profit has significantly improved: the net profit excluding non-recurring items was 0.783 billion yuan, a year-on-year increase of 601.31%, indicating a substantial enhancement in the profitability of the main business. Notable changes in financial structure: financial expenses were -1.074 billion yuan, a year-on-year increase of 341.34%, mainly influenced by increases in foreign exchange income and interest income.

wallstreetcnApr 25 17:15

Express News | Chongqing Changan Automobile: In the first quarter, net income was 1.35 billion yuan, an increase of 16.81% year-on-year.

BreakingsApr 25 16:54

Chongqing Changan Automobile has reached a Global Strategy partnership with Kuaishou.

On April 24, Gelonghui reported that at the 2025 Shanghai Auto Show, Chongqing Changan Automobile reached a strategic cooperation with Kuaishou regarding Marketing Services for digital Infrastructure. Both parties signed the "Strategic Cooperation Agreement for Digital Marketing New Infrastructure," jointly initiating a new journey of automotive digital marketing. Both sides stated that Chongqing Changan Automobile has always been at the forefront of digital marketing in the Industry, while Kuaishou possesses a large user base and has comprehensive digital marketing service capabilities from AI smart marketing to scientific marketing insights, rapidly converting traffic into business opportunities. There is a broad foundation for cooperation between both parties.

Gelonghui FinanceApr 24 21:17