SAIC Motor Future Growth

Future criteria checks 0/6

SAIC Motor's earnings are forecast to decline at 3.3% per annum while its annual revenue is expected to grow at 1.2% per year. EPS is expected to decline by 3.5% per annum. Return on equity is forecast to be 3.3% in 3 years.

Key information

-3.3%

Earnings growth rate

-3.5%

EPS growth rate

Auto earnings growth	23.4%
Revenue growth rate	1.2%
Future return on equity	3.3%
Analyst coverage	Good
Last updated	09 Sep 2024

Recent future growth updates

SAIC Motor Corporation Limited Just Missed EPS By 5.8%: Here's What Analysts Think Will Happen Next

Apr 02

Recent updates

Is SAIC Motor (SHSE:600104) A Risky Investment?

Jul 01

SAIC Motor's (SHSE:600104) Returns On Capital Not Reflecting Well On The Business

Jun 03

We Think You Should Be Aware Of Some Concerning Factors In SAIC Motor's (SHSE:600104) Earnings

May 06

SAIC Motor Corporation Limited's (SHSE:600104) Low P/E No Reason For Excitement

Apr 29

SAIC Motor Corporation Limited Just Missed EPS By 5.8%: Here's What Analysts Think Will Happen Next

Apr 02

Is SAIC Motor (SHSE:600104) A Risky Investment?

Mar 01

Earnings and Revenue Growth Forecasts

SHSE:600104 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	720,974	14,311	1,339	32,399	11
12/31/2025	700,515	12,862	-4,505	28,101	14
12/31/2024	688,403	12,411	13,078	32,110	14
6/30/2024	702,836	13,649	29,524	46,759	N/A
3/31/2024	741,860	14,037	28,096	47,651	N/A
12/31/2023	744,705	14,106	22,925	42,334	N/A
9/30/2023	739,996	14,876	932	25,502	N/A
6/30/2023	754,625	16,293	-3,886	21,101	N/A
3/31/2023	707,507	13,385	-14,302	8,784	N/A
12/31/2022	744,063	16,118	-13,430	9,505	N/A
9/30/2022	754,542	16,832	962	19,774	N/A
6/30/2022	729,742	18,129	-2,339	15,327	N/A
3/31/2022	773,223	23,202	-8,174	10,465	N/A
12/31/2021	779,846	24,533	2,873	21,616	N/A
9/30/2021	796,184	24,133	-5,819	9,220	N/A
6/30/2021	824,489	25,351	-5,852	9,745	N/A
3/31/2021	825,281	26,157	26,017	41,172	N/A
12/31/2020	742,132	20,431	22,380	37,518	N/A
9/30/2020	756,641	21,459	36,680	56,022	N/A
6/30/2020	750,771	20,233	55,782	75,500	N/A
3/31/2020	749,079	18,473	40,980	62,558	N/A
12/31/2019	843,324	25,603	19,337	46,272	N/A
9/30/2019	812,798	29,129	36,597	63,801	N/A
6/30/2019	813,635	30,792	11,016	42,152	N/A
3/31/2019	863,552	34,553	-25,789	6,611	N/A
12/31/2018	902,194	36,009	-22,999	8,976	N/A
9/30/2018	937,330	37,444	-56,878	-24,919	N/A
6/30/2018	939,085	37,434	-53,398	-23,369	N/A
3/31/2018	913,191	35,856	N/A	13,807	N/A
12/31/2017	870,639	34,410	N/A	24,301	N/A
9/30/2017	832,880	33,553	N/A	15,415	N/A
6/30/2017	801,555	32,904	N/A	30,801	N/A
3/31/2017	767,540	32,332	N/A	10,320	N/A
12/31/2016	756,414	32,006	N/A	11,361	N/A
9/30/2016	725,975	31,623	N/A	22,078	N/A
6/30/2016	698,098	30,689	N/A	9,423	N/A
3/31/2016	685,738	30,261	N/A	20,797	N/A
12/31/2015	670,448	29,794	N/A	25,993	N/A
9/30/2015	634,724	28,826	N/A	22,655	N/A
6/30/2015	633,603	28,566	N/A	29,608	N/A
3/31/2015	631,456	28,461	N/A	14,834	N/A
12/31/2014	630,001	27,973	N/A	23,284	N/A
9/30/2014	615,487	27,215	N/A	25,472	N/A
6/30/2014	604,894	26,911	N/A	20,209	N/A
3/31/2014	588,974	25,585	N/A	12,087	N/A
12/31/2013	565,807	24,804	N/A	20,603	N/A
9/30/2013	549,451	22,619	N/A	11,029	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600104's earnings are forecast to decline over the next 3 years (-3.3% per year).

Earnings vs Market: 600104's earnings are forecast to decline over the next 3 years (-3.3% per year).

High Growth Earnings: 600104's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 600104's revenue (1.2% per year) is forecast to grow slower than the CN market (13.1% per year).

High Growth Revenue: 600104's revenue (1.2% 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 (3.3%).

SAIC Motor Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 13%

Price target decreased by 9.7% to CN¥13.49

Consensus revenue estimates increase by 12%, EPS downgraded

SAIC Motor Corporation Limited Just Missed EPS By 5.8%: Here's What Analysts Think Will Happen Next

Price target decreased by 7.2% to CN¥16.57

Consensus EPS estimates fall by 18%

Recent updates

Consensus EPS estimates fall by 13%

Price target decreased by 9.7% to CN¥13.49

New major risk - Revenue and earnings growth

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

New major risk - Revenue and earnings growth

Is SAIC Motor (SHSE:600104) A Risky Investment?

SAIC Motor Corporation Limited to Report First Half, 2024 Results on Aug 30, 2024

SAIC Motor's (SHSE:600104) Returns On Capital Not Reflecting Well On The Business

Consensus revenue estimates increase by 12%, EPS downgraded

We Think You Should Be Aware Of Some Concerning Factors In SAIC Motor's (SHSE:600104) Earnings

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

SAIC Motor Corporation Limited's (SHSE:600104) Low P/E No Reason For Excitement

SAIC Motor Corporation Limited Just Missed EPS By 5.8%: Here's What Analysts Think Will Happen Next

SAIC Motor Corporation Limited, Annual General Meeting, Jun 28, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

SAIC Motor Corporation Limited to Report Q1, 2024 Results on Apr 30, 2024

Is SAIC Motor (SHSE:600104) A Risky Investment?

SAIC Motor Corporation Limited to Report Fiscal Year 2023 Results on Mar 30, 2024

JSW Group signed an agreement to acquire 35% stake in MG Motor India Private Limited from SAIC Motor Corporation Limited.

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

SAIC Motor Corporation Limited to Report Q3, 2023 Results on Oct 27, 2023

Now 20% undervalued

Audi Reportedly Seeks to Buy Chinese EV Platform

Mahindra & Mahindra, Hinduja Group Reportedly Join Race to Buy MG Motor India

SAIC Motor Corporation Limited (SHSE:600104) announces an Equity Buyback for CNY 2,000 million worth of its shares.

Price target decreased by 7.2% to CN¥16.57

Consensus EPS estimates fall by 18%

First quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.48 in 1Q 2022)

Price target decreased to CN¥17.85

Less than half of directors are independent

Consensus EPS estimates fall by 18%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

SAIC Motor Corporation Limited announced that it has received CNY 1 billion in funding from Momenta Ventures AG, and other investors

Now 20% undervalued

SAIC Motor Corporation Limited (SHSE:600104) won the auction to acquire 71.04% stake in Shanghai Dongzheng Automotive Finance Co., Ltd. (SEHK:2718) from China ZhengTong Auto Services Holdings Limited (SEHK:1728) for CNY 1.6 billion.

Consensus EPS estimates fall by 11%

Price target decreased to CN¥21.21

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.61 (vs CN¥0.71 in 3Q 2020)

Shanghai Diesel Engine Co., Ltd. (SHSE:900920) agreed to acquire 6.1% stake in Shanghai Hydrogen Propulsion Technology Co., Ltd. from SAIC Motor Corporation Limited (SHSE:600104) for approximately RMB 200 million.

SAIC Motor Corporation Limited (SHSE:600104) announces an Equity Buyback for CNY 3,000 million worth of its shares.

Second quarter 2021 earnings released: EPS CN¥0.56 (vs CN¥0.62 in 2Q 2020)

Price target decreased to CN¥23.89

First quarter 2021 earnings released: EPS CN¥0.59 (vs CN¥0.096 in 1Q 2020)

Price target decreased to CN¥26.39

Full year 2020 earnings released: EPS CN¥1.75 (vs CN¥2.19 in FY 2019)

SAIC Motor Corporation Limited to Report Fiscal Year 2020 Results on Mar 26, 2021

New 90-day low: CN¥21.25

New 90-day low: CN¥21.94

Investor sentiment improved over the past week

Price target raised to CN¥25.20

Market bids up stock over the past week

New 90-day high: CN¥25.41

Third quarter earnings released

Third-quarter earnings released: Revenue and earnings beat expectations

SAIC Motor Corporation Limited to Report Q3, 2020 Results on Oct 31, 2020

New 90-day high: CN¥21.11

New 90-day high: CN¥20.32

First half earnings released

SAIC Motor Corporation Limited to Report First Half, 2020 Results on Aug 28, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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