Changan Auto H1 2026 Net Profit Plummets 64.32% to RMB 817 Million

Changan Automobile released its financial report for the first half of 2026 (January to June 2026) on August 28, 2026. During the reporting period, the company recorded total operating revenue of RMB 65.634 billion, a year-over-year decrease of 9.71%. Net profit attributable to shareholders of the listed company amounted to RMB 8.17 billion, down 64.32% year-over-year. Net profit after deducting non-recurring gains and losses stood at RMB 2.51 billion, a year-over-year decline of 83.01%. Basic earnings per share (EPS) were RMB 0.08, down 65.22% year-over-year, and diluted EPS also stood at RMB 0.08, reflecting the same 65.22% year-over-year decrease. Net cash flow from operating activities was negative RMB 114.13 billion, representing a 32.6% widening in net outflow compared to the same period last year. As of the end of the reporting period, the company’s asset-liability ratio was 57.54%, down 2.07 percentage points from the end of the previous year. The total number of ordinary shareholders at the end of the reporting period was 598,984, with the top ten shareholders maintaining a stable shareholding structure and no changes to the controlling shareholder or actual controller. The interim report did not include guidance for the next reporting period.