Earnings Alerts

SAIC Motor (600104) Earnings: 1Q Net Income Surpasses Estimates

  • SAIC Motor‘s net income during the first quarter surpassed estimates, reaching 2.71 billion yuan.
  • This income significantly exceeded the estimated 1.27 billion yuan.
  • However, revenue figures for the period stood at 138.98 billion yuan, falling short of the estimated 160.73 billion yuan.
  • Market sentiments towards the company appear mostly positive, with 18 buy ratings received.
  • Neutral outlooks have also been expressed, marked by 5 hold ratings.
  • Less favourably, 3 sell ratings have been given for the company’s stocks.

A look at SAIC Motor Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE4.0

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. is looking promising in the long term based on its Smartkarma Smart Scores. With a top-notch value score of 5, the company is deemed to be undervalued in the market, making it an attractive investment opportunity. Additionally, its solid dividend score of 4 signifies that investors can expect steady returns in the form of dividends. Although its growth and resilience scores are slightly lower at 3, SAIC Motor shines in terms of momentum with a score of 5, indicating strong positive momentum in the company’s stock performance. This well-rounded assessment bodes well for SAIC Motor‘s future prospects.

SAIC Motor Corporation Ltd., a company that manufactures and markets automobiles and related products through joint ventures, is positioned favorably for the long term as per its Smartkarma Smart Scores. The combination of high scores in value and momentum, along with respectable scores in dividend and resilience, paints a promising picture for the company’s performance moving forward. With a diversified portfolio and a strong foothold in the automotive industry, SAIC Motor is poised to capitalize on growth opportunities and deliver value to its shareholders in the coming years.


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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