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2204

China Motor CorporationTWSE:2204 Stock Report

Market Cap NT$33.9b
Share Price
NT$61.30
My Fair Value
NT$87
29.5% undervalued intrinsic discount
1Y-14.5%
7D-2.5%
Portfolio Value
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China Motor Corporation

TWSE:2204 Stock Report

Market Cap: NT$33.9b

China Motor (2204) Stock Overview

Manufactures and sells automobiles, and related parts and components in Taiwan and internationally. More details

2204 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends4/6

Rewards

Price-To-Earnings ratio (11.9x) is below the TW market (21x)

Revenue is forecast to grow 16.54% per year

Risk Analysis

Dividend of 6.85% is not well covered by free cash flows


2204 Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

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China Motor Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for China Motor
Historical stock prices
Current Share PriceNT$61.30
52 Week HighNT$91.30
52 Week LowNT$52.20
Beta0.81
1 Month Change6.98%
3 Month Change-1.76%
1 Year Change-14.50%
3 Year Change47.71%
5 Year Change37.75%
Change since IPO1.73%

Recent News & Updates

China Motor (TWSE:2204) Is Paying Out Less In Dividends Than Last Year

Mar 29
China Motor (TWSE:2204) Is Paying Out Less In Dividends Than Last Year

Recent updates

China Motor (TWSE:2204) Is Paying Out Less In Dividends Than Last Year

Mar 29
China Motor (TWSE:2204) Is Paying Out Less In Dividends Than Last Year

At NT$75.30, Is China Motor Corporation (TWSE:2204) Worth Looking At Closely?

Mar 27
At NT$75.30, Is China Motor Corporation (TWSE:2204) Worth Looking At Closely?

China Motor's (TWSE:2204) Dividend Will Be Reduced To NT$4.20

Mar 13
China Motor's (TWSE:2204) Dividend Will Be Reduced To NT$4.20

Returns Are Gaining Momentum At China Motor (TWSE:2204)

Feb 25
Returns Are Gaining Momentum At China Motor (TWSE:2204)

We Think China Motor (TWSE:2204) Can Stay On Top Of Its Debt

Dec 10
We Think China Motor (TWSE:2204) Can Stay On Top Of Its Debt

There's No Escaping China Motor Corporation's (TWSE:2204) Muted Earnings Despite A 26% Share Price Rise

Nov 24
There's No Escaping China Motor Corporation's (TWSE:2204) Muted Earnings Despite A 26% Share Price Rise

We Like These Underlying Return On Capital Trends At China Motor (TWSE:2204)

Oct 11
We Like These Underlying Return On Capital Trends At China Motor (TWSE:2204)

China Motor Corporation (TWSE:2204) Shares Could Be 28% Below Their Intrinsic Value Estimate

Sep 28
China Motor Corporation (TWSE:2204) Shares Could Be 28% Below Their Intrinsic Value Estimate

It's Down 30% But China Motor Corporation (TWSE:2204) Could Be Riskier Than It Looks

Aug 03
It's Down 30% But China Motor Corporation (TWSE:2204) Could Be Riskier Than It Looks

China Motor (TWSE:2204) Seems To Use Debt Rather Sparingly

Jul 30
China Motor (TWSE:2204) Seems To Use Debt Rather Sparingly

China Motor's (TWSE:2204) Returns On Capital Are Heading Higher

Jul 12
China Motor's (TWSE:2204) Returns On Capital Are Heading Higher

Sentiment Still Eluding China Motor Corporation (TWSE:2204)

May 06
Sentiment Still Eluding China Motor Corporation (TWSE:2204)

Should You Investigate China Motor Corporation (TWSE:2204) At NT$138?

Apr 18
Should You Investigate China Motor Corporation (TWSE:2204) At NT$138?

China Motor (TWSE:2204) Is Experiencing Growth In Returns On Capital

Mar 01
China Motor (TWSE:2204) Is Experiencing Growth In Returns On Capital

What To Know Before Buying China Motor Corporation (TPE:2204) For Its Dividend

Apr 21
What To Know Before Buying China Motor Corporation (TPE:2204) For Its Dividend

China Motor (TPE:2204) Hasn't Managed To Accelerate Its Returns

Mar 31
China Motor (TPE:2204) Hasn't Managed To Accelerate Its Returns

Does China Motor (TPE:2204) Have A Healthy Balance Sheet?

Mar 06
Does China Motor (TPE:2204) Have A Healthy Balance Sheet?

What Is China Motor Corporation's (TPE:2204) Share Price Doing?

Feb 16
What Is China Motor Corporation's (TPE:2204) Share Price Doing?

China Motor (TPE:2204) Has Gifted Shareholders With A Fantastic 182% Total Return On Their Investment

Jan 26
China Motor (TPE:2204) Has Gifted Shareholders With A Fantastic 182% Total Return On Their Investment

The Trends At China Motor (TPE:2204) That You Should Know About

Dec 31
The Trends At China Motor (TPE:2204) That You Should Know About

Is China Motor Corporation (TPE:2204) Worth NT$48.2 Based On Its Intrinsic Value?

Dec 10
Is China Motor Corporation (TPE:2204) Worth NT$48.2 Based On Its Intrinsic Value?

Shareholder Returns

2204TW AutoTW Market
7D-2.5%-0.9%1.2%
1Y-14.5%-21.8%15.9%

Return vs Industry: 2204 exceeded the TW Auto industry which returned -21.8% over the past year.

Return vs Market: 2204 underperformed the TW Market which returned 15.9% over the past year.

Price Volatility

Is 2204's price volatile compared to industry and market?
2204 volatility
2204 Average Weekly Movement4.5%
Auto Industry Average Movement4.0%
Market Average Movement4.7%
10% most volatile stocks in TW Market8.2%
10% least volatile stocks in TW Market2.2%

Stable Share Price: 2204 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2204's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969n/aHsin-Cheng Tsengwww.china-motor.com.tw

China Motor Corporation manufactures and sells automobiles, and related parts and components in Taiwan and internationally. The company operates through Vehicle Manufacturing, Channel, and Others segments. It offers commercial and recreational vehicles, electric motorcycle, automated guided vehicle, sedan, RV, LCV, Truck, EV, and electric scooter.

China Motor Corporation Fundamentals Summary

How do China Motor's earnings and revenue compare to its market cap?
2204 fundamental statistics
Market capNT$33.94b
Earnings (TTM)NT$2.85b
Revenue (TTM)NT$31.78b
11.9x
P/E Ratio
1.1x
P/S Ratio

Is 2204 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2204 income statement (TTM)
RevenueNT$31.78b
Cost of RevenueNT$27.26b
Gross ProfitNT$4.52b
Other ExpensesNT$1.67b
EarningsNT$2.85b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)5.15
Gross Margin14.22%
Net Profit Margin8.97%
Debt/Equity Ratio8.9%

How did 2204 perform over the long term?

See historical performance and comparison

Dividends

6.9%
Current Dividend Yield
80%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/03 23:34
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
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

China Motor Corporation is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhizhong ChenCapital Securities Corporation
Tommy WongGoldman Sachs
Kent ChenIBTS Investment Consulting Co., Ltd.