- SAIC Motor reported vehicle sales of 207,846 units in February, a decrease of 31% compared to the same period the previous year.
- The year-to-date vehicle sales stand at 452,762 units, marking a decrease of 16% year on year.
- However, there’s a surge in New Energy Vehicle (NEV) sales which reached 60,979 units, a significant increase of 37% year on year.
- SAIC Motor‘s performance in the market has been varied, with 18 buys, 5 holds, and 3 sells.
- All comparisons to past results are based on values reported by the company’s original disclosures.
A look at SAIC Motor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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
According to the Smartkarma Smart Scores, SAIC Motor Corporation Ltd. has a positive long-term outlook. The company has received high scores in several key areas, including value, dividend, and momentum. These scores indicate that SAIC Motor is performing well and is expected to continue to do so in the future.
SAIC Motor is a manufacturer and marketer of automobiles and related parts and accessories. The company operates through joint ventures, which allows it to leverage the expertise and resources of its partners. With its strong performance and high scores in various areas, SAIC Motor is well-positioned for long-term success in the competitive automotive industry.
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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