Chongqing Changan Automobile's net debt reached CNY 2,760 mil and accounted for 0.081 of equity at the end of 2015. The ratio is down 62.5% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.550 in 2013 and an all time low of -0.577 in 2002.
When compared to EBITDA, net debt amounted to 0.237x at the end of the year. The ratio reached an all time high of 2.08 in 2013 and an all time low of -0.971 in 2002.
As far as Chongqing Changan Automobile's peers are concerned, Dongfeng Motor Group posted net debt to equity of -0.189x and -4.54x when compared to EBITDA at the end of 2015. SAIC Motor Corporation ended the year 2015 with a net debt at 0.040x of equity and 0.103x when compared to its EBITDA while SAIC Motor Corporation had net debt at 0.040x of equity and 0.103x to EBITDA at the end of the year.