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600104.SS

HOLDREMOVE

SAIC Motor Corporation Limited · Consumer Cyclical · China · $20.9B · Avg Vol: $81M/d

65
StockRank
Q
43
V
81
M
29
P/E (TTM)
12.1x
ROE
4.9%
D/E
0.3x
Dividend %
2.4%
AI CONVICTION THESIS

SAIC Motor is a legacy Chinese auto manufacturer facing intense domestic EV price wars and margin erosion, making it a poor risk-reward play.

COMPANY DESCRIPTION

SAIC Motor Corporation Limited is the largest automaker in China, operating highly successful joint ventures with Volkswagen and General Motors alongside its proprietary brands like Roewe and MG. The company maintains a leading market position in both traditional internal combustion engine vehicles and new energy vehicles (NEVs). Its massive manufacturing scale, extensive dealership network, and strong R&D capabilities in autonomous driving and battery technology form a formidable competitive moat.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue110.0B110.1B92.8B97.0B-4.1%
EPS0.210.180.020.13-14.2%
Shares11.7B11.7B11.6B11.5B-1.6%
Debt29.8B28.8B25.4B19.0B-14.0%
Equity41.3B42.3B42.5B44.2B2.3%
Op CF1.4B6.3B10.2B5.1B53.4%
Inv CF-1.0B-6.2B-518M-4.1B
Fin CF1.4B-1.5B-1.4B-7.9B
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PRICE (1M)-23.1%
1.551.671.781.902.02May 8May 29Jun 18
SMA 50SMA 200
Close
$1.55
RSI (14)
5.8
52W High
$3.05
From 52W High
0.5%

SCORE BREAKDOWN

Quality
43
ROIC
6.5%41.2
ROE
4.9%34.9
GP/Assets
8.3%12.8
Op. Margin
4.0%35.4
FCF/Assets
4.2%56.3
Piotroski
75.1
Int. Cover
7.9x51.1
D/E Ratio
0.26x67.3
Current Ratio
1.22x33.1
Value
81
P/E (TTM)
12.1x70.7
EV/EBITDA
2.1x89.2
P/FCF
23.7x93.3
P/B
0.4x89.2
P/S
0.2x92.1
Div Yield
2.4%48.9
Momentum
29
52W High %
51%11.9
RS 6M
-40%29.1
SMA 50/200
0.84x13.7
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
+83%63.6
Q Growth
0%42.2

FUNDAMENTALS

Market Cap
$20.9B
P/E (Forward)
6.6x
Gross Margin
12.1%

SECTOR PEERS

Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 600104.SS are excluded.

TickerCompanyMkt CapStockRankSignal
600104.SSSAIC Motor Corporation Limited(you)$20.9B65HOLD
601633.SSGreat Wall Motor Company Limited$21.4B67BUY
9973.HKChery Automobile Co., Ltd.$20.3B72BUY
601127.SSSeres Group Co.,Ltd$21.0B53HOLD
2338.HKWeichai Power Co., Ltd.$46.0B84STRONG BUY
600166.SSBeiqi Foton Motor Co.,Ltd.$3.4B62HOLD
301345.SZZhejiang Taotao Vehicles Co., Ltd.$3.3B60HOLD
000550.SZJiangling Motors Corporation, Ltd.$2.1B69BUY
9866.HKNIO Inc.$13.7B20STRONG SELL
603766.SSLoncin Motor Co., Ltd.$4.0B85STRONG BUY

Peer medians: ROE 7.0% · P/E 24.0x · Gross margin 22.0%

SAIC Motor Corporation Limited (600104.SS) — Stock Score Summary

SAIC Motor Corporation Limited (600104.SS) has a MoatMap StockRank of 65/100 based on Quality (43/100), Value (81/100), and Momentum (29/100) factor scores. The current signal is HOLD. SAIC Motor is a legacy Chinese auto manufacturer facing intense domestic EV price wars and margin erosion, making it a poor risk-reward play.

SAIC Motor Corporation Limited is the largest automaker in China, operating highly successful joint ventures with Volkswagen and General Motors alongside its proprietary brands like Roewe and MG. The company maintains a leading market position in both traditional internal combustion engine vehicles and new energy vehicles (NEVs). Its massive manufacturing scale, extensive dealership network, and strong R&D capabilities in autonomous driving and battery technology form a formidable competitive moat.

Key Financial Metrics

Price$1.55
Market Cap$20.9B
P/E (TTM)12.09
P/E (Forward)6.60
Price/Book0.41
Return on Equity4.9%
Return on Invested Capital6.5%
Debt/Equity26.18
Gross Margin12.1%
Operating Margin4.0%
Revenue Growth-0.3%
Dividend Yield2.4%
Free Cash Flow$883M

SAIC Motor Corporation Limited operates in the Auto Manufacturers industry, part of the Consumer Cyclical sector (China).

Frequently Asked Questions

What is SAIC Motor Corporation Limited’s (600104.SS) StockRank?
MoatMap’s StockRank for SAIC Motor Corporation Limited (600104.SS) is 65/100, with a Hold signal. It is a composite of Quality (43), Value (81), and Momentum (29) factor ranks across MoatMap’s 20,000+ stock universe.
Does SAIC Motor Corporation Limited have an economic moat?
SAIC Motor Corporation Limited (600104.SS) has a Quality factor score of 43/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is SAIC Motor Corporation Limited a buy, hold, or sell?
MoatMap’s current signal for SAIC Motor Corporation Limited (600104.SS) is Hold, based on a StockRank of 65/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is SAIC Motor Corporation Limited in?
SAIC Motor Corporation Limited (600104.SS) operates in the Consumer Cyclical sector, specifically the Auto Manufacturers industry (China).