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Chongqing Changan Automobile Company (000625) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 70.5B CNY

CC Chongqing Changan Automobile Company 000625 · SHE
Price¥7.35
Fair Value¥10.84
Upside+47.5%
Quality49/100
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Expensive Growth
Thin margins · 1.9% net margin
Low debt · negative free cash flow
2.36% dividend yield
Ranks above peers (9/14)
Narrow moat 26/100
Evidence: High Range ¥7.64 – ¥11.95 Share as image

Fair value as of: Jul 13, 2026

From 15 valuation models · updated 28 days ago

Share price +5.2% over the past month.

Below-average quality, screening 47% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (¥7.64). The market is more pessimistic than our downside scenario.
  • Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

¥20.41 ¥6.42 Fair Value ¥10.84 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range ¥6.42 – ¥20.41 · fair‑value band ¥7.64 – ¥11.95 · the ¥7.35 price screens below the ¥10.84 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

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Analysis

Chongqing Changan Automobile Company (000625) currently trades at ¥7.35, while our model-based Fair Value estimate is ¥10.84, implying the stock looks roughly 47.5% undervalued today. The Quality Score stands at 49/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Chongqing Changan Automobile Company generated revenue of 163B CNY at a net margin of 1.9%. Revenue declined 4.3% year over year. It earns a return on equity of 2.7%. The balance sheet holds a net cash position of 62.8B CNY. Fundamentals as of Jul 13, 2026

Our scenario range runs from ¥7.64 (bear case) to ¥11.95 (bull case); at ¥7.35, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 47% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 25% fair-value upside, at 47%, 000625 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income ¥7.22 ¥7.34 ¥7.14 76
ROIC Compounder ¥7.50 ¥7.68 ¥7.84 72
Growth-Adj P/E ¥7.64 ¥10.91 ¥14.18 68
All 15 models by family
DCF Models
Owner Earnings ¥15.95 ¥25.21 ¥42.52 31
Earnings-Based
Graham-Dodd ¥3.35 ¥18.44 ¥25.59 54
Lynch FV ¥5.14 ¥7.34 ¥9.54 50
PEG = 1.0 ¥5.14 ¥7.34 ¥9.54 46
EPV ¥7.50 ¥7.68 ¥7.84 59
Multiples
P/E Multiple ¥8.13 ¥10.84 ¥13.55 63
P/S Multiple ¥6.28 ¥8.38 ¥10.47 58
P/B Multiple ¥6.28 ¥8.38 ¥10.47 55
EV/EBIT ¥9.02 ¥9.89 ¥10.76 53
EV/EBITDA ¥15.00 ¥17.86 ¥20.72 54
EV/Revenue ¥8.17 ¥8.92 ¥9.68 43
Asset-Based
NCAV (Graham) ¥4.67 ¥6.26 ¥9.35 50
Economic Profit
Residual Income ¥7.22 ¥7.34 ¥7.14 76
ROIC Compounder ¥7.50 ¥7.68 ¥7.84 72
Growth Earnings
Growth-Adj P/E ¥7.64 ¥10.91 ¥14.18 68

Widest divergence: DCF Models (¥25.21) versus Asset-Based (¥6.26). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 163B CNY
Revenue growth (YoY) -4.3%
Net margin 1.9%
Return on equity 2.7%
Free cash flow −2.8B CNY FY2025
P/E ratio 22.9
More key figures
Operating margin 1.4%
EPS (TTM) ¥0.3100
Dividend yield 2.4%
EPS growth (YoY) -71.4%
Net cash 62.8B CNY FY2024

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 48 · Market factors (momentum, volatility) 30

Profitability 32
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 85
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Chongqing Changan Automobile Company Limited, together with its subsidiaries, manufactures and sells automobiles, automotive engines, supporting parts, and components in the People's Republic of China and South Africa. The company's products include passenger vehicles, SUVs, electric vehicles, and commercial vehicles.

Full company description

Chongqing Changan Automobile Company Limited, together with its subsidiaries, manufactures and sells automobiles, automotive engines, supporting parts, and components in the People's Republic of China and South Africa. The company's products include passenger vehicles, SUVs, electric vehicles, and commercial vehicles. It offers its products under the CHANGAN, DEEPAL, AVATR, CHANGAN NEVO, CHANGAN LCV, CHANGAN Ford, CHANGAN Mazda, LUMIN, UNI, and HUNTER brands. The company also develops EV technologies represented by batteries, motors, and electronic controls; intelligent technologies, such as cockpits and pilot, as well as automotive lifestyle services; and businesses comprising automotive life, new marketing, and battery swap services, as well as provides auto finance services. The company was incorporated in 1996 and is based in Chongqing, the People's Republic of China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chongqing Changan Automobile Company reported revenue of ¥164B in FY2025 versus ¥105B in FY2021, a compound +11.8%/yr. Reported net income was ¥4.1B in FY2025, compounding +3.5%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
164B CNY
Latest YoY
+2.7%
Avg. growth/yr (3Y)
+10.6%
Avg. growth/yr (5Y)
+14.2%
Avg. growth/yr (32Y)
+14.4%
Revenue +11.8%/yr
FY21 ¥105B
FY22 ¥121B
FY23 ¥151B
FY24 ¥160B
FY25 ¥164B
Net income +3.5%/yr
FY21 ¥3.6B
FY22 ¥7.8B
FY23 ¥11.3B
FY24 ¥7.3B
FY25 ¥4.1B

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Cite: Fair Value Calculator (2026). "Chongqing Changan Automobile Company Fair Value". https://www.fairvalue-calculator.com/stock/000625

Peer Group

Auto Manufacturers · 119 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 49 · Above median
Fair Value upside +48% · Top 25%
Return on equity (TTM) 3% · Below median
Return on assets 0% · Below median
Net margin (TTM) 2% · Above median
Operating margin (TTM) 1% · Below median
Revenue growth -4% · Below median
Dividend yield (TTM) 2.4% · Above median
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Auto Manufacturers median · lower = cheaper

P/E (TTM) 22.9× · Pricier than median
P/B 0.91× · Cheaper than median
P/S (TTM) 0.43× · Cheaper than median
EV/EBITDA 2.4× · Cheaper than 75% of peers
PEG 0.46× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 97 · sector 28
FUTURE 0 · sector 33
PAST 11 · sector 19
HEALTH 99 · sector 94
DIVIDEND 47 · sector 44

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Auto Manufacturers stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Toyota Motor Corporation TM $179.76 $224.63 +25%
BYD Company 81211 HK$80.55 HK$50.85 -37%
Hyundai Motor Company 005380 425,000 KRW 616,918 KRW +45%
General Motors Company GM $77.72 $56.93 -27%
Bayerische Motoren Werke Aktiengesellschaft BMWM5N 1,909 MXN 2,944 MXN +54%
Ferrari N.V RACE $376.64 $228.05 -39%
Ford Motor Company F C$11.86 C$4.00 -66%
Mercedes-Benz Group BENZ C$20.44 C$35.15 +72%
Volkswagen AG VOW 2,149 CZK 7,191 CZK +235%
Maruti Suzuki India Limited MARUTI ₹13,803 ₹8,236 -40%

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Frequently asked questions

Is Chongqing Changan Automobile Company (000625) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of ¥10.84 versus a price of ¥7.35, about +47% (undervalued).
What is the fair value of 000625?
Our model-based fair value for Chongqing Changan Automobile Company is ¥10.84 (as of Jul 13, 2026), built from audited fundamentals. The current price is ¥7.35.
What is the quality score of 000625?
Chongqing Changan Automobile Company has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Chongqing Changan Automobile Company (000625)?
Chongqing Changan Automobile Company reported trailing-twelve-month revenue of about 163B CNY (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 000625?
The net profit margin of Chongqing Changan Automobile Company is about 1.9%, meaning it keeps roughly 1.9% of revenue as net income. Based on the latest reported figures.
Does Chongqing Changan Automobile Company pay a dividend?
Chongqing Changan Automobile Company currently shows a dividend yield of about 2.06% relative to its recent price (as of Jul 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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