Changan Automobile (000625.SZ) pre-cut. Net profit due to semi-annual net profit of 740 million yuan to 970 million yuan, a year-on-year decrease of 57.66%-67.7%

According to the Zhitong Finance App, Changan Automobile (000625.SZ) released its 2026 semi-annual results forecast. The company expects to achieve net profit attributable to shareholders of listed companies of 740 million yuan to 970 million yuan in the semi-annual period of 2026, a decrease of 57.66%-67.70% over the same period last year.

During the reporting period, the company's net profit attributable to shareholders of listed companies declined year-on-year, mainly due to factors such as exchange losses due to exchange rate fluctuations and rising raw material prices.

In 2026, the company's globalization strategy will be fully accelerated, and resource investment in the fields of brands, products, channels, production capacity etc. will be increased in overseas markets. During the reporting period, the company sold 454,700 vehicles, an increase of 51.87% over the previous year. With the rapid growth of the company's overseas business, the company will further strengthen exchange rate risk management and reduce the impact of exchange rate fluctuations. At the same time, the company reduced the impact of rising costs due to rising raw material prices through operational quality improvement measures such as cost reduction and cost savings and technical optimization.