SAIC Motor Corporation Limited

SHSE:600104 Stock Report

Market Cap: CN¥226.3b

SAIC Motor Past Earnings Performance

Past criteria checks 0/6

SAIC Motor's earnings have been declining at an average annual rate of -14.6%, while the Auto industry saw earnings growing at 13.5% annually. Revenues have been declining at an average rate of 2.6% per year. SAIC Motor's return on equity is 3.4%, and it has net margins of 1.5%.

Key information

-14.6%

Earnings growth rate

-14.2%

EPS growth rate

Auto Industry Growth23.3%
Revenue growth rate-2.6%
Return on equity3.4%
Net Margin1.5%
Next Earnings Update30 Apr 2025

Recent past performance updates

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

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

Recent updates

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

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

Jul 01
Is SAIC Motor (SHSE:600104) A Risky Investment?

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

Jun 03
SAIC Motor's (SHSE:600104) Returns On Capital Not Reflecting Well On The Business

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

May 06
We Think You Should Be Aware Of Some Concerning Factors In SAIC Motor's (SHSE:600104) Earnings

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

Apr 29
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

Apr 02
SAIC Motor Corporation Limited Just Missed EPS By 5.8%: Here's What Analysts Think Will Happen Next

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

Mar 01
Is SAIC Motor (SHSE:600104) A Risky Investment?

Revenue & Expenses Breakdown

How SAIC Motor makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:600104 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24651,8459,60651,71017,647
30 Jun 24702,83613,64952,56218,086
31 Mar 24741,86014,03754,78618,503
31 Dec 23744,70514,10656,01218,365
30 Sep 23739,99614,87658,24617,613
30 Jun 23754,62516,29359,13218,316
31 Mar 23707,50713,38556,16918,021
31 Dec 22744,06316,11857,21118,031
30 Sep 22754,54216,83257,70219,733
30 Jun 22729,74218,12954,01619,573
31 Mar 22773,22323,20256,11820,073
31 Dec 21779,84624,53354,67119,668
30 Sep 21796,18424,13343,57317,093
30 Jun 21824,48925,35148,20915,317
31 Mar 21825,28126,15749,57613,723
31 Dec 20742,13220,43148,10413,395
30 Sep 20756,64121,45962,05513,324
30 Jun 20750,77120,23366,60913,238
31 Mar 20749,07918,47372,76712,963
31 Dec 19843,32425,60380,78113,394
30 Sep 19812,79829,12980,44914,243
30 Jun 19813,63530,79280,66414,736
31 Mar 19863,55234,55382,73415,784
31 Dec 18902,19436,00985,88815,385
30 Sep 18937,33037,44485,42716,035
30 Jun 18939,08537,43481,71119,662
31 Mar 18913,19135,85681,71016,137
31 Dec 17870,63934,41081,36513,015
30 Sep 17832,88033,55381,8547,094
30 Jun 17801,55532,90483,4010
31 Mar 17767,54032,33279,0990
31 Dec 16756,41432,00676,0460
30 Sep 16725,97531,62372,5780
30 Jun 16698,09830,68967,8740
31 Mar 16685,73830,26162,3900
31 Dec 15670,44829,79458,2340
30 Sep 15634,72428,82657,1820
30 Jun 15633,60328,56657,0140
31 Mar 15631,45628,46159,7450
31 Dec 14630,00127,97360,3730
30 Sep 14615,48727,21558,2770
30 Jun 14604,89426,91158,1720
31 Mar 14588,97425,58555,9860
31 Dec 13565,80724,80453,4700

Quality Earnings: 600104 has a large one-off gain of CN¥3.3B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 600104's current net profit margins (1.5%) are lower than last year (2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 600104's earnings have declined by 14.6% 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 (-35.4%) over the past year, making it difficult to compare to the Auto industry average (-9.3%).

Return on Equity

High ROE: 600104's Return on Equity (3.4%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 02:47
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

SAIC Motor Corporation Limited is covered by 48 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jia LouBOCI Research Ltd.
Ming-Hsun LeeBofA Global Research
Danny ChenCGS International