SAIC Motor Corporation Limited researches and develops, produces, and sells passenger and commercial vehicles in the People’s Republic of China and internationally. More Details
Established dividend payer and good value.
Share Price & News
How has SAIC Motor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600104 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 600104's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 600104 underperformed the CN Auto industry which returned 36.7% over the past year.
Return vs Market: 600104 underperformed the CN Market which returned 32.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SAIC Motor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is SAIC Motor undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 600104 (CN¥27.12) is trading above our estimate of fair value (CN¥7.58)
Significantly Below Fair Value: 600104 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 600104 is good value based on its PE Ratio (14.8x) compared to the CN Auto industry average (50.1x).
PE vs Market: 600104 is good value based on its PE Ratio (14.8x) compared to the CN market (39.1x).
Price to Earnings Growth Ratio
PEG Ratio: 600104 is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 600104 is good value based on its PB Ratio (1.2x) compared to the CN Auto industry average (2.2x).
How is SAIC Motor forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600104's forecast earnings growth (15.1% per year) is above the savings rate (3.3%).
Earnings vs Market: 600104's earnings (15.1% per year) are forecast to grow slower than the CN market (24.2% per year).
High Growth Earnings: 600104's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600104's revenue (7.6% per year) is forecast to grow slower than the CN market (18% per year).
High Growth Revenue: 600104's revenue (7.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600104's Return on Equity is forecast to be low in 3 years time (10.6%).
How has SAIC Motor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600104 has high quality earnings.
Growing Profit Margin: 600104's current net profit margins (2.8%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: 600104's earnings have declined by 4.8% per year over the past 5 years.
Accelerating Growth: 600104's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600104 had negative earnings growth (-26.2%) over the past year, making it difficult to compare to the Auto industry average (11.9%).
Return on Equity
High ROE: 600104's Return on Equity (9.5%) is considered low.
How is SAIC Motor's financial position?
Financial Position Analysis
Short Term Liabilities: 600104's short term assets (CN¥515.6B) exceed its short term liabilities (CN¥434.8B).
Long Term Liabilities: 600104's short term assets (CN¥515.6B) exceed its long term liabilities (CN¥107.5B).
Debt to Equity History and Analysis
Debt Level: 600104's debt to equity ratio (47.6%) is considered high.
Reducing Debt: 600104's debt to equity ratio has increased from 17.1% to 47.6% over the past 5 years.
Debt Coverage: 600104's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 600104 earns more interest than it pays, so coverage of interest payments is not a concern.
What is SAIC Motor current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600104's dividend (3.24%) is higher than the bottom 25% of dividend payers in the CN market (0.36%).
High Dividend: 600104's dividend (3.24%) is in the top 25% of dividend payers in the CN market (1.62%)
Stability and Growth of Payments
Stable Dividend: 600104's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600104's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.9%), 600104's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600104's dividends in 3 years are forecast to be well covered by earnings (49.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Xiaoqiu Wang (56 yo)
Mr. Xiaoqiu Wang serves as Vice Chairman of the Board at HUAYU Automotive Systems Company Limited. He has been President of SAIC Motor Corporation Limited since 2019 and serves as its Director since 2019 a...
|VP & Acting CFO||no data||CN¥1.99m||no data|
|VP & Chief Engineer||1.83yrs||CN¥1.98m||no data|
|Board Secretary||1.83yrs||CN¥306.60k||no data|
|Vice President||no data||CN¥1.99m||no data|
|President & Director||1.83yrs||no data||no data|
|Head of Accounting Department||no data||no data||no data|
|Regional Head of Middle East||3.33yrs||no data||no data|
Experienced Management: 600104's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|President & Director||1.83yrs||no data||no data|
|Chairman of the Board||6.42yrs||CN¥1.55m||0.000070% |
|Independent Director||4.5yrs||CN¥100.00k||no data|
|Employee Representative Supervisor||5.42yrs||no data||no data|
|Employee Representative Director||no data||CN¥1.37m||no data|
|Director||no data||no data||no data|
|Independent Director||5.42yrs||CN¥100.00k||no data|
|Employee representative Supervisor||3.67yrs||no data||no data|
|Supervisor||no data||no data||no data|
|Independent Director||no data||CN¥100.00k||no data|
|Chairman of Board of Supervisors||1.83yrs||no data||no data|
Experienced Board: 600104's board of directors are considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SAIC Motor Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: SAIC Motor Corporation Limited
- Ticker: 600104
- Exchange: SHSE
- Industry: Automobile Manufacturers
- Sector: Automobiles
- Market Cap: CN¥311.819b
- Shares outstanding: 11.61b
- Website: https://www.saicmotor.com
Number of Employees
- SAIC Motor Corporation Limited
- No. 489 Weihai Road
- Jing'an District
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|600104||SHSE (Shanghai Stock Exchange)||Yes||Domestic Shares||CN||CNY||Dec 1997|
|600104||XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||Dec 1997|
SAIC Motor Corporation Limited researches and develops, produces, and sells passenger and commercial vehicles in the People’s Republic of China and internationally. The company also engages in the promotio...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/23 14:44|
|End of Day Share Price||2020/11/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.