SAIC Motor (600104) Earnings: November Vehicle Sales Reach 460,818 Units Highlighting Strong NEV Growth

SAIC Motor on Smartkarma

Analysts on Smartkarma are closely watching SAIC Motor, as discussed in a recent report titled “Primer: SAIC Motor (600104 CH) – Sep 2025″ by αSK. The report highlights how SAIC Motor, China’s largest state-owned automaker, is facing challenges to its longstanding market leadership. Overtaken by BYD in 2024 as China’s top-selling automaker amidst the rise of New Energy Vehicles (NEVs), SAIC Motor grapples with a profitability crisis amid the transition to electric vehicles. Despite growth in NEV sales, declining profits from legacy internal combustion engine ventures have resulted in a significant drop in net income and margins, prompting concerns about the sustainability of its current strategy.

However, there are also positive indicators for SAIC Motor‘s future growth, particularly its global expansion efforts through the MG brand. As China’s largest vehicle exporter for eight consecutive years, SAIC Motor aims for aggressive overseas sales growth, targeting 1.35 million sales in 2024. Analysts view this international strategy as a key driver to counterbalance domestic challenges and mitigate the pressures on the company’s profitability. The insights provided by analysts on Smartkarma offer valuable perspectives on SAIC Motor‘s position in the evolving automotive market landscape.

A look at SAIC Motor Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

SAIC Motor Corporation Ltd., a key player in the automotive industry through joint ventures, is looking promising for the long term based on its Smartkarma Smart Scores. While the company scores high on the value factor, indicating strong value propositions, it also maintains a respectable level in terms of dividends and resilience. However, growth and momentum seem to be areas of slight concern, scoring lower compared to other factors. Overall, SAIC Motor shows potential for stability and value, which could be appealing to investors seeking steady returns.

SAIC Motor Corporation Ltd., known for manufacturing and marketing automobiles in collaboration with joint ventures, has garnered a positive outlook from its Smartkarma Smart Scores. With a top-notch score in the value category, the company demonstrates solid fundamentals. Despite scoring lower in growth and momentum, SAIC Motor still maintains decent scores in dividend payouts and resilience, reflecting a robust foundation. Investors keen on a company with strong value propositions and steady performance may find SAIC Motor an attractive long-term investment option.

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