SAIC Motor Corp Ltd

SHG:600104 China Auto Manufacturers
Market Cap
$22.92 Billion
CN¥168.18 Billion CNY
Market Cap Rank
#2654 Global
#181 in China
Share Price
CN¥14.63
Change (1 day)
+1.60%
52-Week Range
CN¥13.74 - CN¥20.53
All Time High
CN¥29.01
Categories
Companies in China Auto Manufacturers
About

SAIC Motor Corporation Limited engages in the research and development, production, and sale of vehicles and their parts in the People's Republic of China and internationally. It offers passenger and commercial vehicles; power drive systems, chassis systems, and interior and exterior trim systems; and components and systems of new energy and smart vehicles, such as batteries, electric drives, and… Read more

SAIC Motor Corp Ltd (600104) - Net Assets

Latest net assets as of September 2025: CN¥355.31 Billion CNY

Based on the latest financial reports, SAIC Motor Corp Ltd (600104) has net assets worth CN¥355.31 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥942.45 Billion) and total liabilities (CN¥587.14 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥355.31 Billion
% of Total Assets 37.7%
Annual Growth Rate 23.93%
5-Year Change 11.84%
10-Year Change 64.39%
Growth Volatility 74.43

SAIC Motor Corp Ltd - Net Assets Trend (1994–2024)

This chart illustrates how SAIC Motor Corp Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for SAIC Motor Corp Ltd (1994–2024)

The table below shows the annual net assets of SAIC Motor Corp Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥346.73 Billion +1.12%
2023-12-31 CN¥342.91 Billion +1.96%
2022-12-31 CN¥336.30 Billion +2.29%
2021-12-31 CN¥328.77 Billion +6.04%
2020-12-31 CN¥310.04 Billion +3.06%
2019-12-31 CN¥300.84 Billion +5.66%
2018-12-31 CN¥284.72 Billion +4.64%
2017-12-31 CN¥272.11 Billion +15.74%
2016-12-31 CN¥235.10 Billion +11.46%
2015-12-31 CN¥210.92 Billion +14.01%
2014-12-31 CN¥185.00 Billion +14.39%
2013-12-31 CN¥161.73 Billion +11.53%
2012-12-31 CN¥145.01 Billion +8.93%
2011-12-31 CN¥133.12 Billion +62.84%
2010-12-31 CN¥81.75 Billion +74.81%
2009-12-31 CN¥46.76 Billion +21.35%
2008-12-31 CN¥38.54 Billion -10.39%
2007-12-31 CN¥43.01 Billion +16.23%
2006-12-31 CN¥37.00 Billion +215.32%
2005-12-31 CN¥11.73 Billion +2.34%
2004-12-31 CN¥11.47 Billion +16.30%
2003-12-31 CN¥9.86 Billion +19.00%
2002-12-31 CN¥8.29 Billion +1.79%
2001-12-31 CN¥8.14 Billion +69.29%
2000-12-31 CN¥4.81 Billion +17.83%
1999-12-31 CN¥4.08 Billion +1.53%
1998-12-31 CN¥4.02 Billion +21.30%
1997-12-31 CN¥3.31 Billion +369.97%
1996-12-31 CN¥705.03 Million +13.91%
1995-12-31 CN¥618.94 Million +11.38%
1994-12-31 CN¥555.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to SAIC Motor Corp Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 16485880600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥164.86 Billion 57.27%
Common Stock CN¥11.58 Billion 4.02%
Other Comprehensive Income CN¥61.07 Billion 21.22%
Other Components CN¥50.34 Billion 17.49%
Total Equity CN¥287.84 Billion 100.00%

SAIC Motor Corp Ltd Competitors by Market Cap

The table below lists competitors of SAIC Motor Corp Ltd ranked by their market capitalization.

Company Market Cap
Madrigal Pharmaceuticals Inc
NASDAQ:MDGL
 		$5.30 Billion
Federal Hme 6.55 Pf
OTCQB:FMCKI
 		$5.30 Billion
LG Chem Ltd
KO:051915
 		$5.31 Billion
LEG Immobilien SE
PINK:LEGIF
 		$5.31 Billion
Innolux Corp
TW:3481
 		$5.29 Billion
Paycom Soft
F:0PY
 		$5.29 Billion
Black Hills Corporation
NYSE:BKH
 		$5.29 Billion
AVIC Jonhon Optronic Technology Co Ltd
SHE:002179
 		$5.29 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SAIC Motor Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 286,318,745,625 to 287,840,095,000, a change of 1,521,349,375 (0.5%).
  • Net income of 1,666,377,000 contributed positively to equity growth.
  • Dividend payments of 7,564,526,000 reduced retained earnings.
  • Share repurchases of 742,223,000 reduced equity.
  • Other comprehensive income increased equity by 52,110,445,896.
  • Other factors decreased equity by 43,948,724,521.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.67 Billion +0.58%
Dividends Paid CN¥7.56 Billion -2.63%
Share Repurchases CN¥742.22 Million -0.26%
Other Comprehensive Income CN¥52.11 Billion +18.1%
Other Changes CN¥-43.95 Billion -15.27%
Total Change CN¥- 0.53%

Book Value vs Market Value Analysis

This analysis compares SAIC Motor Corp Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.58x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 132.96x to 0.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.11 CN¥14.63 x
1995-12-31 CN¥0.12 CN¥14.63 x
1996-12-31 CN¥0.14 CN¥14.63 x
1997-12-31 CN¥0.66 CN¥14.63 x
1998-12-31 CN¥0.81 CN¥14.63 x
1999-12-31 CN¥0.82 CN¥14.63 x
2000-12-31 CN¥0.97 CN¥14.63 x
2001-12-31 CN¥1.64 CN¥14.63 x
2002-12-31 CN¥0.97 CN¥14.63 x
2003-12-31 CN¥1.15 CN¥14.63 x
2004-12-31 CN¥1.34 CN¥14.63 x
2005-12-31 CN¥1.37 CN¥14.63 x
2006-12-31 CN¥3.72 CN¥14.63 x
2007-12-31 CN¥4.37 CN¥14.63 x
2008-12-31 CN¥4.06 CN¥14.63 x
2009-12-31 CN¥4.99 CN¥14.63 x
2010-12-31 CN¥6.42 CN¥14.63 x
2011-12-31 CN¥9.28 CN¥14.63 x
2012-12-31 CN¥11.09 CN¥14.63 x
2013-12-31 CN¥12.50 CN¥14.63 x
2014-12-31 CN¥14.30 CN¥14.63 x
2015-12-31 CN¥15.88 CN¥14.63 x
2016-12-31 CN¥17.41 CN¥14.63 x
2017-12-31 CN¥19.38 CN¥14.63 x
2018-12-31 CN¥20.06 CN¥14.63 x
2019-12-31 CN¥21.37 CN¥14.63 x
2020-12-31 CN¥22.30 CN¥14.63 x
2021-12-31 CN¥23.66 CN¥14.63 x
2022-12-31 CN¥24.25 CN¥14.63 x
2023-12-31 CN¥24.88 CN¥14.63 x
2024-12-31 CN¥25.24 CN¥14.63 x

Capital Efficiency Dashboard

This dashboard shows how efficiently SAIC Motor Corp Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 0.58%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.27%
  • • Asset Turnover: 0.66x
  • • Equity Multiplier: 3.33x
  • Recent ROE (0.58%) is below the historical average (16.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 43.66% 27.89% 0.60x 2.60x CN¥183.91 Million
1995 52.53% 24.32% 0.86x 2.52x CN¥259.58 Million
1996 61.75% 27.34% 0.92x 2.46x CN¥360.23 Million
1997 14.32% 26.64% 0.44x 1.23x CN¥142.49 Million
1998 17.53% 36.27% 0.40x 1.21x CN¥301.64 Million
1999 17.62% 29.46% 0.40x 1.49x CN¥310.19 Million
2000 15.48% 29.77% 0.37x 1.42x CN¥262.67 Million
2001 9.68% 21.25% 0.37x 1.24x CN¥-25.77 Million
2002 12.94% 22.44% 0.45x 1.29x CN¥242.91 Million
2003 15.48% 22.01% 0.57x 1.23x CN¥537.08 Million
2004 17.38% 26.41% 0.54x 1.23x CN¥840.15 Million
2005 9.48% 17.29% 0.44x 1.25x CN¥-60.91 Million
2006 4.50% 4.67% 0.35x 2.73x CN¥-1.74 Billion
2007 12.40% 4.43% 1.03x 2.72x CN¥896.20 Million
2008 1.89% 0.62% 0.98x 3.11x CN¥-2.81 Billion
2009 15.52% 4.71% 1.01x 3.25x CN¥2.35 Billion
2010 20.75% 4.38% 1.37x 3.46x CN¥7.11 Billion
2011 19.76% 4.65% 1.36x 3.11x CN¥9.99 Billion
2012 16.96% 4.31% 1.52x 2.59x CN¥8.52 Billion
2013 18.01% 4.38% 1.51x 2.71x CN¥11.03 Billion
2014 17.74% 4.44% 1.52x 2.63x CN¥12.21 Billion
2015 17.01% 4.44% 1.31x 2.92x CN¥12.28 Billion
2016 16.68% 4.23% 1.28x 3.08x CN¥12.81 Billion
2017 15.27% 3.95% 1.20x 3.21x CN¥11.88 Billion
2018 15.36% 3.99% 1.15x 3.34x CN¥12.57 Billion
2019 10.25% 3.04% 0.99x 3.40x CN¥633.18 Million
2020 7.85% 2.75% 0.81x 3.53x CN¥-5.58 Billion
2021 8.96% 3.15% 0.85x 3.35x CN¥-2.84 Billion
2022 5.77% 2.17% 0.75x 3.55x CN¥-11.81 Billion
2023 4.93% 1.89% 0.74x 3.52x CN¥-14.53 Billion
2024 0.58% 0.27% 0.66x 3.33x CN¥-27.12 Billion

Industry Comparison

This section compares SAIC Motor Corp Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.

Industry Context

  • Industry: Auto Manufacturers
  • Average net assets among peers: $9,362,957,690
  • Average return on equity (ROE) among peers: 6.66%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
SAIC Motor Corp Ltd (600104) CN¥355.31 Billion 43.66% 1.65x $5.30 Billion
Weichai Power Co Ltd Class A (000338) $56.35 Billion 12.08% 2.37x $22.85 Billion
Jiangling Motors Corp Ltd (000550) $10.38 Billion 0.88% 1.25x $194.79 Million
Haima Automobile Group Co Ltd (000572) $2.98 Billion -52.91% 1.12x $904.42 Million
Chongqing Changan Automobile Co Ltd (000625) $7.69 Billion 8.67% 0.87x $12.15 Billion
Faw Car Co Ltd (000800) $4.88 Billion 5.51% 0.38x $987.62 Million
Anhui Ankai Automobile Co Ltd (000868) $1.33 Billion 7.38% 1.70x $309.73 Million
Kunming Yunnei Power Co Ltd (000903) $2.47 Billion 8.16% 0.51x $463.94 Million
Zhejiang Qianjiang Motorcycle Co Ltd (000913) $4.80 Billion 14.10% 1.14x $573.26 Million
Zotye Automobile Co Ltd (000980) $2.16 Billion 60.41% 0.90x $1.36 Billion
Yinyi Real Estate Co Ltd (000981) $580.30 Million 2.32% 0.95x $1.44 Billion