Chongqing Changan Automobile Company Limited’s Net Profit Rose 430.1% in First Quarter of 2022

Chongqing Changan Automobile Company Limited (重庆长安汽车股份有限公司) (000625.SZ) reported a net profit of 4.5 billion yuan in the first quarter of 2022, up 430.1% year-on-year.

Meanwhile, the company posted 34.6 billion yuan in revenue, up 8% year-on-year.

At the end of the reporting period, it had 141.2 billion yuan in total assets and 80 billion yuan in total liabilities, with a liability-to-asset ratio of 56.7%.