600104 Stock Overview
SAIC Motor Corporation Limited researches and develops, produces, and sells passenger and commercial vehicles in the People’s Republic of China and internationally.
SAIC Motor Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥16.38|
|52 Week High||CN¥23.45|
|52 Week Low||CN¥14.63|
|1 Month Change||1.55%|
|3 Month Change||-0.61%|
|1 Year Change||-12.45%|
|3 Year Change||-32.48%|
|5 Year Change||-45.16%|
|Change since IPO||300.46%|
Recent News & Updates
|600104||CN Auto||CN Market|
Return vs Industry: 600104 underperformed the CN Auto industry which returned -7.4% over the past year.
Return vs Market: 600104 underperformed the CN Market which returned -9.7% over the past year.
|600104 Average Weekly Movement||4.5%|
|Auto Industry Average Movement||7.5%|
|Market Average Movement||6.0%|
|10% most volatile stocks in CN Market||9.2%|
|10% least volatile stocks in CN Market||3.8%|
Stable Share Price: 600104 is less volatile than 75% 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.
About the Company
SAIC Motor Corporation Limited researches and develops, produces, and sells passenger and commercial vehicles in the People’s Republic of China and internationally. Its auto parts and components include power drive systems; chassis; interior and exterior trims; and components and smart product systems for new energy vehicles, such as batteries, electric drives, and electronic controls. The company also provides logistics and transportation services, mobility services, automobile life-support services, energy-saving and charging service, etc.; chargers, photovoltaic power generators, hazardous waste disposal services, and power battery recycling solutions; and engages in the auto finance, corporate finance, insurance sales, and investment businesses.
SAIC Motor Fundamentals Summary
|600104 fundamental statistics|
Is 600104 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|600104 income statement (TTM)|
|Cost of Revenue||CN¥680.20b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.02|
|Net Profit Margin||3.00%|
How did 600104 perform over the long term?See historical performance and comparison
4.2%Current Dividend Yield
Is 600104 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 600104?
Other financial metrics that can be useful for relative valuation.
|What is 600104's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 600104's PE Ratio compare to its peers?
|600104 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
200625 Chongqing Changan Automobile
000800 FAW Jiefang Group
000927 China Railway Materials
600006 DongFeng Automobile
600104 SAIC Motor
Price-To-Earnings vs Peers: 600104 is good value based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (25.4x).
Price to Earnings Ratio vs Industry
How does 600104's PE Ratio compare vs other companies in the Asian Auto Industry?
Price-To-Earnings vs Industry: 600104 is good value based on its Price-To-Earnings Ratio (8.1x) compared to the CN Auto industry average (41.1x)
Price to Earnings Ratio vs Fair Ratio
What is 600104's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.1x|
|Fair PE Ratio||22.5x|
Price-To-Earnings vs Fair Ratio: 600104 is good value based on its Price-To-Earnings Ratio (8.1x) compared to the estimated Fair Price-To-Earnings Ratio (22.5x).
Share Price vs Fair Value
What is the Fair Price of 600104 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 600104 (CN¥16.38) is trading below our estimate of fair value (CN¥18.43)
Significantly Below Fair Value: 600104 is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is SAIC Motor forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600104's forecast earnings growth (12.7% per year) is above the savings rate (3.2%).
Earnings vs Market: 600104's earnings (12.7% per year) are forecast to grow slower than the CN market (24.6% per year).
High Growth Earnings: 600104's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600104's revenue (8% per year) is forecast to grow slower than the CN market (17.8% per year).
High Growth Revenue: 600104's revenue (8% 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 (9.9%).
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How has SAIC Motor performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600104 has high quality earnings.
Growing Profit Margin: 600104's current net profit margins (3%) are lower than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: 600104's earnings have declined by 10.8% 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 (-11.3%) over the past year, making it difficult to compare to the Auto industry average (-5%).
Return on Equity
High ROE: 600104's Return on Equity (9.5%) is considered low.
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How is SAIC Motor's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 600104's short term assets (CN¥552.0B) exceed its short term liabilities (CN¥466.2B).
Long Term Liabilities: 600104's short term assets (CN¥552.0B) exceed its long term liabilities (CN¥116.0B).
Debt to Equity History and Analysis
Debt Level: 600104 has more cash than its total debt.
Reducing Debt: 600104's debt to equity ratio has increased from 25.7% to 47.4% over the past 5 years.
Debt Coverage: 600104's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 600104 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is SAIC Motor current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600104's dividend (4.16%) is higher than the bottom 25% of dividend payers in the CN market (0.45%).
High Dividend: 600104's dividend (4.16%) is in the top 25% of dividend payers in the CN market (1.88%)
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34%), 600104's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600104 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Xiaoqiu Wang (58 yo)
Mr. Xiaoqiu Wang serves as General Manager of passenger vehicle branch and Vice President at Shanghai Automotive Industry Corporation (Group) Corp. He served as a Vice Chairman of the Board at HUAYU Automo...
Experienced Management: 600104's management team is considered experienced (3.6 years average tenure).
Experienced Board: 600104's board of directors are considered experienced (4.9 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 employee growth, exchange listings and data sources
- Name: SAIC Motor Corporation Limited
- Ticker: 600104
- Exchange: SHSE
- Founded: NaN
- Industry: Automobile Manufacturers
- Sector: Automobiles
- Implied Market Cap: CN¥188.466b
- Shares outstanding: 11.51b
- Website: https://www.saicmotor.com
Number of Employees
- SAIC Motor Corporation Limited
- No. 489 Weihai Road
- Jing'an District
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/16 00:00|
|End of Day Share Price||2022/08/16 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.