SAIC Motor Corporation Limited (SHA: 600104)

China flag China · Delayed Price · Currency is CNY
19.03
-1.73 (-8.33%)
Jan 2, 2025, 3:00 PM CST
40.65%
Market Cap 237.18B
Revenue (ttm) 651.85B
Net Income (ttm) 9.61B
Shares Out 11.42B
EPS (ttm) 0.84
PE Ratio 24.82
Forward PE 20.82
Dividend 0.37 (1.78%)
Ex-Dividend Date Aug 16, 2024
Volume 142,480,698
Open 20.50
Previous Close 20.76
Day's Range 18.81 - 20.57
52-Week Range 11.49 - 21.30
Beta 0.57
Analysts n/a
Price Target n/a
Earnings Date Apr 30, 2025

About SAIC Motor Corporation

SAIC Motor Corporation Limited researches and develops, produces, and sells vehicles and their parts in the People’s Republic of China and internationally. It offers passenger and commercial vehicles; power drive systems, chassis systems, and interior and exterior trim systems; and components and systems of new energy and smart vehicles, such as batteries, electric drives, and electronic controls. The company also provides logistics and transportation, mobility services, energy saving, charging and swapping, photovoltaic power generation, hazar... [Read more]

Founded 1997
Employees 207,001
Stock Exchange Shanghai Stock Exchange
Ticker Symbol 600104
Full Company Profile

Financial Performance

In 2023, SAIC Motor Corporation's revenue was 744.71 billion, an increase of 0.09% compared to the previous year's 744.06 billion. Earnings were 14.11 billion, a decrease of -12.48%.

Financial Statements

News

Mansour Group, SAIC Motor announce $135mln auto plant in Egypt

The agreement includes a technical licensing deal to produce MG cars locally, as well as a land allocation contract for the factory site in New October City

3 days ago - Zawya

GM expects more than $5 billion impact from China restructuring

General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.

4 weeks ago - NBC News

GM expects more than $5 billion impact from China restructuring, including plant closures

General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion in charges and writedowns.

4 weeks ago - CNBC

JSW to launch its own EV brand, plans major investment in Aurangabad plant

JSW Group, led by its chair Sajjan Jindal, is set to enter India’s electric vehicle (EV) market with its own brand, moving beyond its joint venture with SAIC Motor, as reported by the Financial Times ...

4 weeks ago - Business Upturn

China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts

Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV sector.

5 weeks ago - Fortune

Volkswagen, Chinese partner SAIC to sell joint venture plant in west China's Xinjiang

Volkswagen and SAIC Motor are selling their Xinjiang factory following human rights concerns. They've also extended their joint venture to 2040 and plan to accelerate EV production, launching 18 new m...

5 weeks ago - The Times of India

Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang

Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040.

5 weeks ago - Associated Press

SAIC Motor (600104) Shares Surge Amid Tesla FSD Rumors

SAIC Motor (600104) Shares Surge Amid Tesla FSD Rumors

6 weeks ago - GuruFocus

Audi E Concept unveils in China, drops iconic four rings; Check details

Audi, in partnership with SAIC Motor, has introduced a new electric sub-brand exclusively for China, simply named “AUDI.” Marking this new venture, Audi recently showcased the “E Concept,” a powerful ...

7 weeks ago - Business Upturn

SAIC Motor, Geely deny breaking the ranks in China’s bargaining with Europe on EV tariffs

The two denials followed Monday’s statement by the Ministry of Commerce that a state-backed guild was solely authorised to engage with the EU in tariff talks.

2 months ago - South China Morning Post

Chinese carmaker SAIC to sue EU over new 45% tariffs, stoking trade tensions

State-owned carmaker SAIC Motor said it will take Brussels to the European Court of Justice to "protect its legitimate rights and interests," as the ongoing trade row escalates into products like bran...

2 months ago - Euronews

Tesla Registrations In EU Take A Hit In 2024 As EV Demand Slows: Volkswagen, Volvo, And Toyota Continue To Gain Speed

New Tesla Inc. (NASDAQ: TSLA) vehicle registrations in the European Union in the first eight months of 2024 dropped 15% as compared to the corresponding period last year as overall electric vehicle (...

3 months ago - Benzinga

China's State-Owned SAIC Motor Trumps Tesla In New Vehicle Registrations In EU In July As Elon Musk's EV Giant Witnesses 15% Slump

Chinese state-owned automobile manufacturer SAIC Motor Corp. Ltd. witnessed more new vehicle registrations in the European Union in July than American EV giant Tesla Inc. (NASDAQ: TSLA), as per data ...

4 months ago - Benzinga

Fuel for Thought: Electrification in China On Track but Challenging

Listen to this Fuel for Thought podcast . Mainland China's transition to electrification reached a major milestone in July 2024 when sales of new-energy vehicles (NEVs) surpassed internal combustion e...

4 months ago - S&P Global Platts

What's Going On With Chinese EV Stocks Like Nio, XPeng, Li Auto, Lucid Motors On Wednesday?

Chinese electric vehicle stocks soared after China slammed the European Union import tariffs on the EV industry and assured support for the industry. NIO Inc (NYSE: NIO), XPeng Inc (NYSE: XPEV), Li ...

4 months ago - Benzinga