SAIC Motor Posts 400,799 Vehicle Sales in May, Y/Y Growth of 10% – Earnings Analysis

• SAIC Motor reported vehicle sales of 400,799 units in May, a 10% increase compared to the same month last year.
• Year to date vehicle sales stand at 1.67 million units, a 4.8% decrease compared to the same period in the previous year.
• New energy vehicle sales totaled 75,913 units, a 5.9% increase compared to the same month last year.
• 18 analysts recommend buying SAIC Motor shares, 7 recommend holding them, and 2 recommend selling them.

A look at SAIC Motor Smart Scores

SAIC Motor Corporation Ltd., a leading Chinese automobile maker, has made strides in recent years in its value, dividend, and overall outlook. According to the Smartkarma Smart Scores, the company has achieved a 5 out of 5 score for value and dividend, indicating a strong long-term outlook. While its growth, resilience, and momentum scores are slightly lower at 3 out of 5 each, the company’s overall outlook remains positive. SAIC Motor, through joint ventures, manufactures and markets automobiles and related parts and accessories.

SAIC Motor‘s long-term outlook is further bolstered by its strong value and dividend scores. The company has consistently delivered quality products to the market, and its financial performance has been impressive in recent years. This has resulted in strong dividends, as well as a steady increase in the company’s stock price. With its focus on value and dividend, SAIC Motor looks set to continue its long-term growth.

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.
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