Last CNY18.08 CNY
Change Today -0.11 / -0.60%
Volume 20.1M
600104 On Other Exchanges
As of 3:05 AM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

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saic motor corp ltd-a (600104) Details

SAIC Motor Corporation Limited manufactures and sells passenger cars, vans, buses, and trucks primarily in China. The company manufactures motorcycles, tractors, power trains, other motor vehicles, and automobile parts. It also rents cars, machinery, and equipment; and publishes periodicals. The company is based in Shanghai, China. SAIC Motor Corporation Limited is a subsidiary of Shanghai Automotive Industry Corporation.

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saic motor corp ltd-a (600104) Key Developments

SAIC Motor Corporation Reports Operating and Sales Results for the Month of August 2014

SAIC Motor Corporation reported operating and sales results for the month of August 2014. For the month, the company reported that it manufactured 418,708 vehicles, down 0.26% year on year. For the month, the company sold 429,461 vehicles, down 4.94%.

eHi Car Services Enters into Strategic Partnership with SAIC Motor

eHi Car Services has entered into a strategic partnership with SAIC Motor. This relationship starts with a first order of thousands of vehicles including Roewe E50 electric vehicles and Roewe 550 plug-in electric hybrid vehicles. Recently, the Chinese government has released several stimulating policies such as a waiver of sales tax and free license plates to further develop the electric vehicle industry in China. The industry is growing rapidly, and the alliance of eHi and SAIC is a milestone, signaling the bright future of China's electric vehicle industry. eHi has been providing EV rentals and free charging service to its customers, and these services will be available in more cities in China.

SAIC Motor Corporation Limited, Board Meeting, Aug 12, 2014

SAIC Motor Corporation Limited, Board Meeting, Aug 12, 2014. Agenda: To discuss and approve the issues including the proposal of appointing vice president and chief engineer, the semi-annual report of 2014 and its abstract; and to consider the proposal of investing in establishing Shanghai Automobile Guojing Business Development Co., Ltd.


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Valuation 600104 Industry Range
Price/Earnings 7.5x
Price/Sales 0.3x
Price/Book 1.5x
Price/Cash Flow 7.5x
TEV/Sales 0.1x

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