Changan Automobile's revenue increased in the first half of the year, but net profit fell

According to the financial report released by Changan Automobile, the company's operating income reached 76.723 billion yuan in the first half of 2024, a year-on-year increase of 17.15%. However, the net profit attributable to shareholders of listed companies was only 2.832 billion yuan, a year-on-year decrease of 63%. The main reason for this change is that the company acquired Deep Blue Automotive Technology Co., Ltd. in the first quarter of 2023, generating non-recurring gains and losses of 5.02 billion yuan. Despite the decline in net profit, the company's sales performance remains strong, with sales of 1.334 million vehicles in the first half of 2024, a year-on-year increase of 9.7%. Among them, the sales of independent brand new energy vehicles were 299,000 vehicles, a year-on-year increase of 69.9%, and the overseas sales of independent brands were 203,000 vehicles, a year-on-year increase of 74.9%.