600104 SAIC Motor Corporation
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SAIC Motor Corporation News
Research Report Nuggets丨Changjiang Securities: SAIC Motor Group's positive performance is expected to drive valuation repair and maintain a “buy” rating
According to the Changjiang Securities Research Report, wholesale sales were affected by inventory restructuring, and SAIC Motor Group (600104.SH)'s revenue declined slightly year-on-year in the first quarter. Looking back, the decline in performance is the main reason for the decline in net market ratios in recent years. With the gradual stabilization of joint venture sales, it is expected that profit contributions will resume; independent brands will usher in a replacement cycle under the new development mechanism, which is expected to reshape popular models, boost sales performance, promote intelligent electric layout will lead to an increase in brand value, and improved performance is expected to drive valuation repair. The company's net profit for 2024, 2025, and 2026 is expected to be 151.0, 156.2, and 1, respectively
IM Motors Launches New Electric Sedan IM L6, Starting at $30,400 With Semi-solid-state Battery Option
Deliveries of the regular variants of the IM L6 will begin at the end of May, while deliveries of the variant with semi-solid-state batteries are expected to begin in October. The post IM Motors launches new electric sedan IM L6, starting at $30,400 with semi-solid-state battery option appeared first on CnEVPost. For more articles, please visit CnEVPost.
Chinese NEV Production, Sales Surge in April
New energy vehicle production rose 36% to 870,000 units in April while sales increased 34% to 850,000 units, Xinhua News Agency reported Saturday, citing the China Association of Automobile Manufacturers.
Chinese Commercial Vehicle Sales Rise 8% in January-April Period
Commercial vehicle sales in China jumped 8.1% to 1.4 million units in the January-April period, Xinhua News Agency reported Saturday, citing the China Association of Automobile Manufacturers. Domestic
SAIC Motor's Vehicle Sales Slip 4% in April
SAIC Motor (SHA:600104) sold 360,010 vehicles in April, sliding 3.7% from 373,949 vehicles sold a year earlier, the company said in its filing on the Shanghai Stock Exchange. Among those sold are 74,5
Orient Securities: The profit side of the industry recovered clearly year on year, and leading NEV companies are expected to continue to expand their market share
The profit side of the automobile industry recovered significantly year-on-year in the first quarter of 2024; the profitability performance of automakers was divided, commercial vehicles improved overall, and the profitability of parts companies increased year-on-year.
SAIC Motor Group Production and Sales Report for April 2024
SAIC Motor Group (600104.SH) has spent 550 million yuan to buy back 39.067,800 shares
SAIC Motor Group (600104.SH) announced that as of April 30, 2024, the company is tired of this repurchase...
SAIC Motor Corporation Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
SAIC Motor Corporation Limited (SHSE:600104) came out with its first-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company f
SAIC Motor's Profit, Operating Income Rise in Q1
SAIC Motor (SHA:600104) recorded a net profit attributable to shareholders of 2.71 billion yuan, or 0.236 yuan per share, in the first quarter of the year, down 2.5% from 2.78 billion yuan, or 0.242 y
SAIC Motor Group (600104.SH) announced first-quarter results, net profit of 2,714 billion yuan, a decrease of 2.48%
SAIC Motor Group (600104.SH) released its report for the first quarter of 2024, achieving operating income of 143 during the reporting period...
“MPV Brother” joins the new energy battle
Reclaim lost ground.
Chinese Commercial Vehicle Sales Rise 10% in Q1
Chinese commercial vehicle sales jumped 10% to more than 1 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
China Automobile Association: The top ten automobile sales companies in January-March sold a total of 5.689 million vehicles, accounting for 84.7% of total automobile sales
From January to March 2024, the top ten automobile sales companies (groups) sold a total of 5.689 million vehicles, accounting for 84.7% of total automobile sales.
GF Securities: Significant flexibility in demand growth in exchange is expected to become a new driving force for total passenger car growth in the next phase
Demand for swaps will grow significantly in the next few years, and it is expected to become a new driving force for total volume growth in the next phase.
Market Chatter: SAIC-GM-Wuling JV's Exports Surge 48% in Q1
The SAIC Motor (SHA:600104)-General Motors-Liuzhou Wuling Motors joint venture's vehicle exports jumped 48% to 49,330 units in the first quarter, Xinhua News Agency reported Friday. For March alone, e
Sales of Chinese Passenger Vehicle Brands Jump 26% in Q1
Sales of Chinese passenger vehicles jumped 26.4% to 3.4 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
SAIC Motor Group (600104.SH): Indirectly holds 15.29% of Qingtao Energy's shares
Gelonghui, April 12: SAIC Motor Group (600104.SH) said on an interactive platform that SAIC Motor Group (stock code 600104) indirectly holds 15.29% of Qingtao Energy's shares.
Automakers' Share of China NEV Market in Mar: BYD Tops With 36.6%, Tesla 2nd With 8.8%
In the January-March period, BYD was No. 1 with a 33.1 percent share, while Tesla was No. 3 with a 7.5 percent share. The post Automakers' share of China NEV market in Mar: BYD tops with 36.6%, Tesla 2nd with 8.8% appeared first on CnEVPost. For more articles, please visit CnEVPost.
SAIC has solved India's dilemma
Author | Zhou Zhiyu The Indian market is a popular place for global car companies to invest and build factories, but very few can stand firm in the local market. SAIC Motor Group, on the other hand, wanted to eat this tempting piece of “cake.” SAIC Motor Group announced on April 7 that it has received 26.5 billion rupees of equity transfer payments from Indian steel giant JSW Group. This means that its cooperation in introducing local investors in India has been implemented, and SAIC Motor can also make a net profit of at least 5 billion yuan through transactions. As cooperation was further implemented, SAIC Motor did not lose control of its Indian subsidiary. SAIC has cleverly adopted voting rights arrangements to maintain itself and is still the largest of MG India
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