Is SAIC Motor a good stock to buy?

Is SAIC Motor a good stock to buy?

SAIC’s 2021 PE is 8.9 and 2022 PE is 7.8. 2021 dividend yield is 4.38% and 2022 is 5.32%. Net profit margins are forecast at 3.23% in 2021 and 3.44% in 2022. 2021 price to book value is 0.85x.

What car brands does SAIC own?

SAIC sells vehicles under a variety of brands. Brand names that are exclusive to SAIC include Maxus, MG, Roewe, and Yuejin. Products produced by SAIC joint venture companies are sold under marques including Baojun, Buick, Chevrolet, Cadillac, Iveco, Škoda, Volkswagen, Audi, and Wuling.

Is SAIC owned by GM?

SAIC General Motors Corporation Limited (More commonly known as SAIC-GM; Chinese: 上汽通用汽车; formerly known as “Shanghai General Motors Company Ltd”, “Shanghai GM”; Chinese: 上海通用汽车) is a joint venture between General Motors Company and SAIC Motor that manufactures and sells Chevrolet, Buick, and Cadillac brand automobiles …

Does SAIC own VW?

SAIC VOLKSWAGEN AUTOMOTIVE CO., LTD. (hereinafter referred to as SAIC VOLKSWAGEN) is a joint venture between SAIC Motor and VW Group. Headquartered in Anting, SAIC VOLKSWAGEN has established production bases in Nanjing, Yizheng, Ningbo, Urumqi and Changsha successively.

Where are SAIC Motors made?

SAIC Motor Corporation Limited (formerly Shanghai Automobile and Industrial Corporation) is the largest automotive manufacturer in China.

Is SAIC owned by Chinese government?

SAIC (feel free to pronounce it “Say-IC” like company people do) is also 100 per cent owned by the Chinese government, which partly explains its rapid rise to prominence.

Does SAIC own Audi?

It was founded in 1984 and produces cars under the Volkswagen, Škoda and Audi marques….SAIC Volkswagen.

Products Automobiles, engines
Brands Volkswagen Škoda Audi
Owners SAIC Motor (50%) Volkswagen AG (39%) Volkswagen (China) Invest (10%) Audi AG (1%)
Subsidiaries SAIC Volkswagen Sales Co. Ltd.
Chinese name

What does SAIC Motor own?

SAIC Motor’s subordinate companies include SAIC Passenger Vehicle Branch, SAIC Maxus, IM MOTORS, SAIC Volkswagen, SAIC General Motors, SAIC-GM-Wuling, NAVECO, SAIC-IVECO Hongyan and Sunwin.

What is SAIC Audi?

SAIC Audi opens the world’s largest Audi store in Shanghai | Audi MediaCenter. Audi A1 allstreet.

Does China own Toyota?

GAC Toyota Motor Co., Ltd. is an automobile manufacturing company headquartered in Guangzhou, China and a joint-venture between GAC Group and Toyota Motor Company….GAC Toyota.

Native name 广汽丰田汽车有限公司
Area served China
Products Automobiles
Owner GAC Group (50%) Toyota Motor Corporation (50%)
Number of employees Approximately 5,600

Who makes VW in China?

The Volkswagen Group has three joint ventures in China, which are SAIC VOLKSWAGEN Automotive Co., Ltd. (SAIC VOLKSWAGEN), and FAW-Volkswagen Automotive Co., Ltd.