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BAIC Motor
(OTC:1958)
BAIC Motor (1958) vs. iShares MSCI Hong Kong ETF (EWH)
BAIC Motor Business Overview & Revenue Model
BAIC Motor Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 192.50B | 197.95B | 190.46B | 175.92B | 176.97B | Gross Profit |
| 30.89B | 40.07B | 42.33B | 37.64B | 42.14B | EBIT |
| 17.18B | 22.57B | 26.01B | 23.96B | 22.34B | EBITDA |
| 24.10B | 30.32B | 34.34B | 33.22B | 30.35B | Net Income Common Stockholders |
| 955.84M | 3.03B | 16.34B | 15.15B | 12.96B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 33.90B | 31.42B | 37.23B | 40.97B | 48.15B | Total Assets |
| 172.04B | 168.72B | 173.38B | 180.84B | 193.70B | Total Debt |
| 8.95B | 13.44B | 20.59B | 22.47B | 20.61B | Net Debt |
| -24.65B | -17.68B | -16.64B | -18.50B | -27.54B | Total Liabilities |
| 93.56B | 89.34B | 94.44B | 105.96B | 120.11B | Stockholders Equity |
| 57.31B | 57.01B | 54.50B | 52.58B | 51.09B |
| Cash Flow | Free Cash Flow | |||
| 0.00 | 15.43B | 12.43B | 4.46B | 14.41B | Operating Cash Flow |
| 0.00 | 24.25B | 18.65B | 12.90B | 26.01B | Investing Cash Flow |
| 0.00 | -9.37B | -7.86B | -7.77B | -11.54B | Financing Cash Flow |
| 0.00 | -21.28B | -14.68B | -12.14B | -16.65B |
BAIC Motor Technical Analysis
BAIC Motor Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $1.01T | 23.65 | 23.91% | 3.31% | 33.89% | 45.52% | |
70 Neutral | $179.97B | 8.41 | 14.58% | 2.56% | 5.32% | 10.61% | |
62 Neutral | $6.82B | 11.05 | 2.80% | 4.32% | 2.67% | -24.92% | |
61 Neutral | HK$15.39B | 4.58 | 8.00% | 563.93% | -3.96% | -60.66% | |
60 Neutral | HK$69.63B | 32.64 | -0.98% | 1.54% | -18.42% | -82.40% | |
58 Neutral | HK$15.79B | 15.24 | 1.66% | 7.24% | -4.64% | -69.72% |
BAIC Motor Corporate Events
BAIC Motor Corporation Limited has announced a proposed change of auditors, appointing Ernst & Young and Ernst & Young Hua Ming LLP as its new international and domestic auditors, respectively, for the year ending December 31, 2025. This decision, subject to shareholder approval at the upcoming annual general meeting, follows a review by the board and audit committee, which found the new auditors to meet necessary regulatory requirements. The change is not expected to have a material impact on the company and is considered beneficial for the shareholders.
BAIC Motor Corporation Limited has released its unaudited operating results for the first quarter ending March 31, 2025, showing a slight decrease in total assets from December 31, 2024. The company reported changes in various asset categories, including a decrease in monetary assets and an increase in trade receivables, which may impact its liquidity and operational efficiency.
BAIC Motor Corporation Limited has announced a board meeting scheduled for April 29, 2025, to review and approve the company’s operating results for the first quarter ending March 31, 2025. This meeting is significant as it will provide insights into the company’s performance and strategic direction, potentially impacting its stakeholders and market positioning.
BAIC Motor Corporation Limited has announced a board meeting scheduled for April 29, 2025, to review and approve the company’s operating results for the first quarter ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and market positioning.
BAIC Motor Corporation Limited has entered into a Financial Services Framework Agreement with BAIC Automotive Finance, a wholly-owned subsidiary of its controlling shareholder, BAIC Group. This agreement, effective from March 31, 2025, to December 31, 2025, allows BAIC Automotive Finance to provide automotive financial services to BAIC Motor. The transactions under this agreement are classified as continuing connected transactions under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from circular and independent shareholders’ approval due to their scale. This agreement is expected to streamline financial operations within the group, potentially enhancing BAIC Motor’s financial management and operational efficiency.
BAIC Motor Corporation Limited announced a change in its company secretary and authorized representative, with Mr. Wang Jianhui resigning due to work commitments. Ms. Yu Dan has been appointed as the new company secretary, and Ms. Ng Sau Mei will serve as the joint company secretary. Despite Ms. Yu not meeting the formal qualifications required by the Hong Kong Stock Exchange, a waiver has been granted due to her extensive experience in the automobile industry and the support she will receive from Ms. Ng, who holds the necessary qualifications.
BAIC Motor Corporation Limited has announced a connected transaction involving the acquisition of power swap stations from BluePark Energy, an indirect 30%-controlled company of BAIC Group. The transaction, valued at approximately RMB128.97 million, is expected to enhance BAIC’s operational capabilities in the energy sector, aligning with its strategic goals and potentially strengthening its market position. This acquisition is subject to reporting and announcement requirements under the Listing Rules, but it is exempt from circular and independent shareholders’ approval.
BAIC Motor Corporation Limited has announced the termination of its Entrustment Agreement related to the voting rights in BAIC BluePark. This decision was influenced by BAIC BluePark’s unsatisfactory financial performance and the company’s strategic focus on optimizing investment returns and enhancing competitiveness in the passenger car market. The termination is expected to allow BAIC Motor to better allocate resources and strengthen its market position without adversely affecting its financials or operations.
BAIC Motor Corporation Limited announced its audited annual results for the year ended December 31, 2024, showing a slight increase in total assets compared to the previous year. The financial data indicates a strong position in non-current assets, particularly in property, plant, and equipment, as well as a significant increase in intangible assets, which may reflect ongoing investments in innovation and technology. This financial performance could potentially strengthen BAIC Motor’s market position and provide confidence to stakeholders about the company’s strategic direction.
BAIC Motor Corporation Limited has issued a profit warning, indicating a significant decrease in net profit for the year ended December 31, 2024. The company expects a net profit of approximately RMB950 million, marking a 68.6% decline compared to the previous year. This downturn is attributed to increased competition in the domestic passenger vehicle industry and heightened investments aimed at enhancing competitiveness, which have collectively impacted the company’s financial performance.
BAIC Motor Corporation Limited has announced a board meeting scheduled for March 28, 2025, to discuss and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend and address other business matters, potentially impacting the company’s financial outlook and shareholder returns.
BAIC Motor Corporation Limited announced the results of its 2025 first extraordinary general meeting, where all proposed resolutions were passed, including the appointment of Mr. Wang Hao as a non-executive director and chairman. This strategic appointment is expected to enhance the company’s leadership and operational management, potentially impacting its market positioning and stakeholder relations positively.
BAIC Motor Corporation Limited announced the composition of its board of directors, highlighting the roles and functions of each member. This announcement reflects the company’s commitment to strong governance and strategic oversight, which could enhance its industry positioning and stakeholder confidence.
BAIC Motor Corporation Limited announced the financial results of its joint venture, Beijing Benz, as part of the Mercedes-Benz Group’s 2024 financial statements. The report highlights a decrease in revenue and profit for Beijing Benz compared to the previous year, indicating potential challenges in the market. Despite these declines, the company’s financial position remains stable, with consistent equity interest and a strong asset base. This announcement provides stakeholders with insights into the financial health and operational performance of Beijing Benz, reflecting on BAIC Motor’s strategic positioning and market dynamics.
BAIC Motor Corporation Limited has announced the scheduling of its 2025 first extraordinary general meeting (EGM) to be held on March 13, 2025, in Beijing. The meeting will address the proposed appointments of a non-executive Director and a non-employee representative Supervisor, which could influence the company’s governance structure and strategic direction.
BAIC Motor Corporation Limited has announced a change in its board of directors. Mr. Chen Wei has resigned as chairman due to a work adjustment, and Mr. Wang Hao is proposed to be appointed as a non-executive director, pending shareholder approval. Mr. Wang Hao brings nearly 15 years of experience in the automotive industry, which could strengthen the company’s strategic and operational capabilities. Additionally, the board proposes the appointment of Mr. Xia Peng as a non-employee representative supervisor, also subject to shareholder approval. These changes are part of BAIC Motor’s strategic efforts to enhance its governance and leadership structure.