SAIC Motor Corporation Limited

SHSE:600104 Stock Report

Market Cap: CN¥203.4b

SAIC Motor Future Growth

Future criteria checks 3/6

SAIC Motor is forecast to grow earnings and revenue by 33.9% and 4.6% per annum respectively. EPS is expected to grow by 33.9% per annum. Return on equity is forecast to be 4.4% in 3 years.

Key information

33.9%

Earnings growth rate

33.86%

EPS growth rate

Auto earnings growth34.1%
Revenue growth rate4.6%
Future return on equity4.40%
Analyst coverage

Good

Last updated16 Jul 2025

Recent future growth updates

Recent updates

Investors Could Be Concerned With SAIC Motor's (SHSE:600104) Returns On Capital

Mar 28
Investors Could Be Concerned With SAIC Motor's (SHSE:600104) Returns On Capital

Insufficient Growth At SAIC Motor Corporation Limited (SHSE:600104) Hampers Share Price

Mar 02
Insufficient Growth At SAIC Motor Corporation Limited (SHSE:600104) Hampers Share Price

These 4 Measures Indicate That SAIC Motor (SHSE:600104) Is Using Debt Extensively

Feb 03
These 4 Measures Indicate That SAIC Motor (SHSE:600104) Is Using Debt Extensively

SAIC Motor (SHSE:600104) Is Finding It Tricky To Allocate Its Capital

Dec 11
SAIC Motor (SHSE:600104) Is Finding It Tricky To Allocate Its Capital

SAIC Motor Corporation Limited's (SHSE:600104) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Nov 14
SAIC Motor Corporation Limited's (SHSE:600104) Price Is Right But Growth Is Lacking After Shares Rocket 27%

SAIC Motor's (SHSE:600104) Problems Go Beyond Weak Profit

Nov 06
SAIC Motor's (SHSE:600104) Problems Go Beyond Weak Profit

SAIC Motor (SHSE:600104) Has A Pretty Healthy Balance Sheet

Oct 24
SAIC Motor (SHSE:600104) Has A Pretty Healthy Balance Sheet

SAIC Motor Corporation Limited's (SHSE:600104) Earnings Are Not Doing Enough For Some Investors

Sep 28
SAIC Motor Corporation Limited's (SHSE:600104) Earnings Are Not Doing Enough For Some Investors

Earnings and Revenue Growth Forecasts

SHSE:600104 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2027697,63914,8173,89329,73212
12/31/2026671,67312,3003,10013,47916
12/31/2025649,27710,19814,53445,46416
3/31/2025625,3781,97657,82777,814N/A
12/31/2024627,5901,66648,46669,268N/A
9/30/2024651,8459,60624,00039,928N/A
6/30/2024702,83613,64929,52446,759N/A
3/31/2024741,86014,03728,09647,651N/A
12/31/2023744,70514,10622,92542,334N/A
9/30/2023739,99614,87693225,502N/A
6/30/2023754,62516,293-3,88621,101N/A
3/31/2023707,50713,385-14,3028,784N/A
12/31/2022744,06316,118-13,4309,505N/A
9/30/2022754,54216,83296219,774N/A
6/30/2022729,74218,129-2,33915,327N/A
3/31/2022773,22323,202-8,17410,465N/A
12/31/2021779,84624,5332,87321,616N/A
9/30/2021796,18424,133-5,8199,220N/A
6/30/2021824,48925,351-5,8529,745N/A
3/31/2021825,28126,15726,01741,172N/A
12/31/2020742,13220,43122,38037,518N/A
9/30/2020756,64121,45936,68056,022N/A
6/30/2020750,77120,23355,78275,500N/A
3/31/2020749,07918,47340,98062,558N/A
12/31/2019843,32425,60319,33746,272N/A
9/30/2019812,79829,12936,59763,801N/A
6/30/2019813,63530,79211,01642,152N/A
3/31/2019863,55234,553-25,7896,611N/A
12/31/2018902,19436,009N/A8,976N/A
9/30/2018937,33037,444N/A-24,919N/A
6/30/2018939,08537,434N/A-23,369N/A
3/31/2018913,19135,856N/A13,807N/A
12/31/2017870,63934,410N/A24,301N/A
9/30/2017832,88033,553N/A15,415N/A
6/30/2017801,55532,904N/A30,801N/A
3/31/2017767,54032,332N/A10,320N/A
12/31/2016756,41432,006N/A11,361N/A
9/30/2016725,97531,623N/A22,078N/A
6/30/2016698,09830,689N/A9,423N/A
3/31/2016685,73830,261N/A20,797N/A
12/31/2015670,44829,794N/A25,993N/A
9/30/2015634,72428,826N/A22,655N/A
6/30/2015633,60328,566N/A29,608N/A
3/31/2015631,45628,461N/A14,834N/A
12/31/2014630,00127,973N/A23,284N/A
9/30/2014615,48727,215N/A25,472N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600104's forecast earnings growth (33.9% per year) is above the savings rate (2.7%).

Earnings vs Market: 600104's earnings (33.9% per year) are forecast to grow faster than the CN market (23.3% per year).

High Growth Earnings: 600104's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600104's revenue (4.6% per year) is forecast to grow slower than the CN market (12.4% per year).

High Growth Revenue: 600104's revenue (4.6% 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 (4.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/24 15:46
End of Day Share Price 2025/07/24 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SAIC Motor Corporation Limited is covered by 41 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ming-Hsun LeeBofA Global Research
Danny ChenCGS International
Xue DengChina International Capital Corporation Limited