- SAIC Motor, a leading Chinese automaker, is facing a significant drop in profits.
- Preliminary data indicates a decline in net income by 87% to 90% for the fiscal year.
- The company’s preliminary net income is estimated to be between 1.5 billion yuan and 1.9 billion yuan.
- This figure falls significantly short of the analyst estimation, which was 9.2 billion yuan.
- Market analysts’ recommendations for SAIC Motor‘s stock include 18 buys, 4 holds, and 4 sells.
SAIC Motor on Smartkarma
Analysts on Smartkarma have been closely monitoring SAIC Motor, with insightful research reports providing valuable perspectives on the company’s performance.
For instance, Devi Subhakesan, a bullish analyst, highlighted SAIC Motor‘s subsidiary, JSW MG Motor India, and its innovative approach with the MG Windsor EV. The introduction of Battery-as-a-Service (BaaS) has propelled the EV’s success in India, offering buyers a cost-effective option and driving strong sales in the New Energy Vehicle segment.
A look at SAIC Motor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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., through joint ventures, manufactures and markets automobiles and related parts and accessories. According to the Smartkarma Smart Scores, SAIC Motor shows strong performance in value and dividend, scoring the highest on these factors. This indicates that the company is considered to be well-priced and has a good dividend payout. In terms of momentum, SAIC Motor also receives a high score, suggesting that the company has positive price trends. However, when it comes to growth and resilience, SAIC Motor scores slightly lower, indicating that there may be room for improvement in these areas for the company’s long-term outlook.
Overall, based on the Smartkarma Smart Scores, SAIC Motor seems to have a positive long-term outlook, especially in terms of value, dividend, and momentum. Investors may find the company appealing due to its strong performance in these areas. However, considering the lower scores in growth and resilience, it may be beneficial for SAIC Motor to focus on strategies to enhance these aspects in order to further strengthen its position for sustained growth and stability in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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