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China Yongda Automobiles Services ( (HK:3669) ) has shared an announcement.
China Yongda Automobiles Services reported a 12.8% decrease in revenue for the first half of 2025 compared to the same period in 2024, with significant declines in new vehicle distribution and pre-owned vehicle transactions. Despite a challenging market environment characterized by price pressures and fierce competition, the company managed to increase its net cash from operating activities by 66.9%. The broader Chinese automobile market saw growth driven by new energy vehicles, with a penetration rate exceeding 50% and a notable rise in domestic brand market share. The industry is shifting focus from price competition to technological advancements and enhanced user experience.
The most recent analyst rating on (HK:3669) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on China Yongda Automobiles Services stock, see the HK:3669 Stock Forecast page.
More about China Yongda Automobiles Services
China Yongda Automobiles Services Holdings Limited operates in the automotive industry, focusing on the distribution of new vehicles, repair and maintenance services, and the trading of pre-owned vehicles. The company is incorporated in the Cayman Islands and is listed on the Stock Exchange of Hong Kong.
Average Trading Volume: 4,788,802
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.91B
Learn more about 3669 stock on TipRanks’ Stock Analysis page.