Chongqing Changan Automobile made a net profit of CZK CNY 7,137 mil under revenues of CNY 80,012 mil in 2017, down 30.6% and 1.87%, respectively, when compared to the last year.
This translates into a net margin of 8.92%. Historically, the firm’s net margin reached an all time high of 14.9% in 2015 and an all time low of 0.182% in 2008. The average net margin in the last five years amounted to 12.0%.
On the operating level, EBITDA margin reached 9.63% and EBIT amounted to 12.1% of sales in 2017.
As far as Chongqing Changan Automobile's peers are concerned, Dongfeng Motor Group posted net and EBITDA margin of 11.2% and 0.962%, respectively in 2017, SAIC Motor Corporation generated margins of 4.00% and 11.5% and Volkswagen Group's profit margin reached 4.92% on the net and 15.6% on the EBITDA level in 2017.