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SAIC Motor Corporation Limited 600104.SS

CN · Shanghai Stock Exchange · XSHG · stock · Consumer Cyclical · website

SAIC Motor Corporation Limited statistics & valuation

Market capCN¥116.1B
P / E11.5×
P / S0.2×
P / B0.4×
P / FCF9.3×
Dividend yield3.48%
Net margin1.5%
Return on equity3.4%
FCF margin1.9%
Net cashCN¥22.5B
Enterprise value USD$13.9B
Earnings yield EBIT/EV13.4%
Return on capital2.9%
Graham number +125.3%CN¥22.75

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥22.75); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.20% 1.90% 0.30% 1.50% 2022202320242025
Gross margin (%)
12.40% 11.70% 11.30% 11.50% 2022202320242025
Operating margin (%)
2.30% 2.60% 2.00% 1.90% 2022202320242025
Return on equity (%)
5.80% 4.90% 0.60% 3.40% 2022202320242025
Shares outstanding
11.50B 11.50B 11.50B 11.50B 2022202320242025
Net debt (CN¥)
CN¥46.65B CN¥51.31B -CN¥26.37B -CN¥22.49B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
1.60% 1.40% 0.20% 1.10% 2022202320242025
Free cash flow margin (%)
-1.80% 3.10% 7.70% 1.90% 2022202320242025
Debt / equity (×)
0.72× 0.68× 0.60× 0.43× 2022202320242025
EPS (CN¥)
CN¥1.40 CN¥1.23 CN¥0.14 CN¥0.89 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

SAIC Motor Corporation Limited trades at about 11.4× earnings — below its 10-year norm (10-year range 10.7×–118.3×, median 16×).

10.7× 118.3×

Shaded band = 10-year range (10.7×–118.3×); dot = today's 11.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin11.5%11.3%11.7%12.4%
Operating margin1.9%2.0%2.6%2.3%
Net margin1.5%0.3%1.9%2.2%
FCF margin1.9%7.7%3.1%-1.8%
Return on assets1.1%0.2%1.4%1.6%
Return on equity3.4%0.6%4.9%5.8%
Debt / equity0.07×0.14×0.22×0.18×
Current ratio1.201.181.131.07

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.