SAIC Motor

Summary: SAIC Motor (600104.SS) has reported to the Shanghai Stock Exchange that it sold 596,607 cars in January 2017. SAIC Motor manufactured a total of 629,494 cars in January.   Why It Matters: The number of cars sold in January 2017 decreased 4.86% compared with the 627,513 cars [ … ]

Summary:   SAIC Motor recently completed a non-public offering and raised RMB 15 billion, according to Stockstar.com. SAIC Motor issued 658 million shares in the non-public offering at a price of RMB 22.8 per share.   Why [ … ]

Summary: Investors have questioned SAIC Motor’s (600104.SS) high advertising expenses, reports stcn.com During the first half of 2016, SAIC Motor spent more than RMB 4.7 billion on advertising. Why It Matters: SAIC Motor’s advertising expenditure is more [ … ]

Summary: In a preliminary earnings statement to the Shanghai Stock Exchange, SAIC Motor (600104.SS) said that its net profit for 2015 will be up about 6% compared with 2014. The company expects to post a net profit for [ … ]

Summary: SAIC Motor (600104.SS) has reported to the Shanghai Stock Exchange that the company sold 656,902 cars in December 2015. SAIC Motor manufactured a total of 584,406 cars in December. Why It Matters: The number of cars [ … ]

Summary: SAIC Motor (600104.SS) has posted a 4.18% increase in net profit for the first nine months of 2015 to RMB 21.3 billion, reports Securities Times. The company recorded a 0.28% increase in revenue to RMB 469.8 [ … ]

Summary: SAIC Motor (600104.SS) has announced that it has recorded a 4.36% increase in net profit for the first half of 2015 to RMB 14.2 billion, as reported by Tencent. The company also posted a 1.13% increase [ … ]