Last CNY15.62 CNY
Change Today +0.25 / 1.63%
Volume 25.2M
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As of 3:05 AM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

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saic motor corporation 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 corporation ltd-a (600104) Key Developments

SAIC Motor Corporation Limited Reports Sales Results for the Month and Half Year Ended June 2014

SAIC Motor Corporation Limited reported sales results for the month and half year ended June 2014. The company has sold 422,000 vehicles in June 2014, in contrast to 406,600 vehicles a year earlier. Auto sales increased 11.57% year on year to 2.86 million units in the first half of 2014.

SAIC Announces Executive Changes

SAIC named Chen Hong as its new chairman. He was previously the company's president and vice chairman. Chen will succeed 63-year-old Hu Maoyuan Hu Maoyuan, who retired recently after 15 years as SAIC's chairman. Vice president Chen Zhixin, who heads SAIC's passenger car operation, has been promoted to become SAIC's president.

SAIC Motor Corporation Limited, Board Meeting, May 23, 2014

SAIC Motor Corporation Limited, Board Meeting, May 23, 2014. Agenda: To consider the proposal of electing chairman of directorate; to consider the proposal of appointing president; and to consider the proposal of supplementing director through election.


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Valuation 600104 Industry Range
Price/Earnings 6.7x
Price/Sales 0.3x
Price/Book 1.2x
Price/Cash Flow 6.7x
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