SHA/600104 (SHA/600104)

Shanghai Stock Exchange: SHA/600104 · CNY

CN¥10.9

+0.10 (+0.9%)· Recorded snapshot

Market cap	124.5B
Revenue (ttm)	655.3B
Net income (ttm)	9.2B
EPS (ttm)	CN¥0.81
Shares out	11.4B
P/E (trailing)	13.4x
P/E (forward)	11.0x
Dividend	CN¥0.27 (2.44%)
Volume	31,987,755
Beta	0.10

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 655.3B
Net income (ttm): 9.2B
EPS (ttm): CN¥0.81
P/E (trailing): 13.4x
P/E (forward): 11.0x
Market cap: 124.5B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E11

P25 n/aP50 n/aP75 n/a

Trailing P/E13.4

P25 n/aP50 n/aP75 n/a

ROE4.8

P25 n/aP50 n/aP75 n/a

ROIC5.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600104 indicators

Market & fundamental data

Available fields

254

Groups with data

Currency

CNY

Showing 254 of 254 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CNY
Country	China
Country code	CN
Earnings date	2026-10-30
Employees	179,797
Employees change	-7,942
Employees growth	-4.23%
Enterprise value	CNY -31.2B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1997
Industry	Auto Manufacturers
Is primary listing	Yes
ISIN number	CNE000000TY6
Last earnings date	2026-08-29
Last refreshed	2026-10-28
Last stock split date	2010-06-08
Last stock split type	Forward
Market cap	CNY 124.5B
Next earnings date	2026-10-30
Price	CNY 10.90
Price currency	CNY
Sector	Consumer Discretionary
SIC code	3711
Stock price date	2026-10-28
Symbol	sha/600104
Website	https://www.saicmotor.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	21.73x
Average P/E ratio (3Y)	48.76x
Average P/E ratio (5Y)	33.31x
Earnings yield	7.44%
FCF / EV yield	-147.97%
FCF yield	37.11%
Forward P/E	10.98x
Graham number	21.83835
Graham upside	100.35%
Industry forward P/E	33.55x
Industry P/E	181.77x
Lynch fair value	CNY 4.05
Lynch upside	-62.82%
P/B ratio	0.34x
P/E ratio	13.45x
P/FCF ratio	2.69x
P/OCF ratio	1.84x
P/S ratio	0.19x
Price / tangible book value	0.45x
Price/EBITDA ratio	3.96x
Sector forward P/E	15.72x
Sector P/E	29.02x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	2.28%
EBITDA margin	4.79%
Effective tax rate	30.45%
FCF margin	7.05%
Gross margin	12.73%
Operating margin	2.28%
Pretax margin	3.75%
Profit margin	1.41%
Profit per employee	CNY 51,395
Profitable quarters	6
Profitable years	32
Revenue per employee	CNY 3.6M
ROA	0.99%
ROA (5Y)	0.49%
ROCE	3.36%
ROE	4.76%
ROE (5Y)	6%
ROIC	5.15%
ROIC (5Y)	2.28%
Tax / revenue	1.14%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	781.06%
EPS growth (Q)	-28.72%
EPS growth (QoQ)	-29.8%
EPS growth 10Y	-11.6%
EPS growth 3Y	-16.97%
EPS growth 5Y	-17.99%
EPS growth years	1
FCF growth	-20.18%
FCF growth (Q)	41.08%
FCF growth (QoQ)	-34.05%
Gross profit growth	22.37%
Gross profit growth (Q)	27.24%
Gross profit growth 3Y	-1.74%
Gross profit growth 5Y	-2.68%
Net income growth	774.94%
Net income growth (Q)	-28.99%
Net income growth (QoQ)	-29.73%
Net income growth 3Y	-17.22%
Net income growth 5Y	-18.28%
Net income growth years	1
OCF growth	-14.45%
OCF growth (Q)	30.99%
OCF growth (QoQ)	-30.23%
OCF growth 10Y	21.77%
OCF growth 3Y	47.4%
OCF growth 5Y	47.3%
Operating income growth	124.12%
Operating income growth (Q)	1,053.43%
Operating income growth 3Y	31.08%
Operating income growth 5Y	-10.81%
Revenue growth	2%
Revenue growth (Q)	-0.31%
Revenue growth (QoQ)	12.69%
Revenue growth 10Y	-0.63%
Revenue growth 3Y	-4.59%
Revenue growth 5Y	-4.49%
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CNY -21.4B
Depreciation and amortization	CNY 16.5B
EBIT	CNY 14.9B
EBITDA	CNY 31.4B
EPS	CNY 0.81
FCF per share	CNY 4.05
Financing cash flow	CNY -43B
Free cash flow	CNY 46.2B
Gross profit	CNY 83.4B
Income taxes	CNY 7.5B
Investing cash flow	CNY -70.4B
Net borrowing	CNY -33.4B
Net cash flow	CNY -48B
Net income	CNY 9.2B
Operating income	CNY 14.9B
Revenue	CNY 655.3B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.37
Book value per share	CNY 26.15
Debt / EBITDA	2.88
Debt / equity	0.27
Debt / FCF	2.13
Goodwill	CNY 1.2B
Interest coverage	5.37
Long-term assets	CNY 344.7B
Long-term liabilities	CNY 82.3B
Net cash (debt)	CNY 219B
Net cash / market cap	175.82%
Net cash growth	36.13%
Net debt / EBITDA	-6.97
Net debt / equity	-0.6
Net debt / FCF	-4.74
Piotroski F-Score	8
Property, plant and equipment	CNY 103.7B
Shareholders' equity	CNY 361.9B
Tangible book value	CNY 277.2B
Tangible book value per share	CNY 24.26
Total assets	CNY 951.2B
Total cash	CNY 317.2B
Total debt	CNY 98.3B
Total liabilities	CNY 589.2B
WACC	3.55%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.7
Current assets	CNY 606.4B
Current liabilities	CNY 506.9B
Current ratio	1.2
Inventory turnover	6.95
Net working capital	CNY -153.8B
Quick ratio	0.87
Working capital	CNY 99.5B
Working capital turnover	6.98

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	0.7%
Dividend growth	202.27%
Dividend growth (10Y)	-15.06%
Dividend growth (3Y)	-7.59%
Dividend growth (5Y)	-15.57%
Dividend growth years	0
Dividend payment date	2026-08-07
Dividend payment years	25
Dividend payout frequency	Annual
Dividend per share	CNY 0.27
Dividend yield	2.44%
Ex-dividend date	2026-08-07
FCF payout ratio	6.58%
Last dividend	CNY 0.27
Payout ratio	39.65%
Shareholder yield	3.14%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-52.9%
10Y return CAGR	-3.82%
10Y total return	-32.28%
150-day SMA	CNY 11.62
15Y price change	-32.51%
15Y return CAGR	1.54%
15Y total return	25.83%
1D price change	0.93%
1M price change	1.68%
1M total return	1.68%
1W price change	3.22%
1W total return	3.22%
1Y price change	-34.65%
1Y return CAGR	-33.02%
1Y total return	-33%
20-day SMA	CNY 10.78
200-day SMA	CNY 12.39
20Y price change	174.08%
20Y return CAGR	8.71%
20Y total return	431.47%
3M price change	4.41%
3M total return	7.05%
3Y price change	-28.15%
3Y return CAGR	-8.68%
3Y total return	-23.86%
50-day SMA	CNY 10.68
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 17.05
52-week high date	2025-10-31
52-week low	CNY 9.44
52-week low date	2026-06-29
5Y price change	-46.52%
5Y return CAGR	-9.58%
5Y total return	-39.56%
6M price change	-20.44%
6M total return	-18.42%
All-time high	CNY 37.66
All-time high date	2018-03-13
All-time low	CNY 2.25
All-time low date	2005-11-16
Average true range (ATR)	CNY 0.22
Average volume	34.7M
Beta (1Y)	0.13
Beta (2Y)	0.09
Beta (5Y)	0.1
Change from 52-week high	-36.07%
Change from 52-week low	15.47%
Change from all-time high	-71.06%
Change from all-time low	383.58%
Change from open	0.28%
Day's gap	0.65%
Dollar volume	CNY 348.7M
High price	CNY 10.98
Low price	CNY 10.83
Monthly RSI	38.8
Open price	CNY 10.87
Position in 52-week range	46.67%
Previous close	CNY 10.80
Price vs 150-day SMA	-6.23%
Price vs 20-day SMA	1.13%
Price vs 200-day SMA	-12%
Price vs 50-day SMA	2.08%
Relative volume	0.94
RSI	53.75
Sharpe ratio	-1.98
Sharpe ratio (3Y)	-0.24
Sharpe ratio (5Y)	-0.31
Sortino ratio	-2.42
Sortino ratio (3Y)	-0.16
Sortino ratio (5Y)	-0.25
Volume	32M
Weekly RSI	42.85
YTD price change	-28.38%
YTD total return	-26.57%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	2.6B
Shares change (QoQ)	0.09%
Shares change (YoY)	-0.7%
Shares held by institutions	13.2%
Shares outstanding	11.4B

Deeper analysis on SHA/600104

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this SHA/600104 report

Is a complete SHA/600104 research report available?

No complete published report is available for sha/600104 (SHA/600104) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600104 (SHA/600104)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600104

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600104 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SHA/600104

Frequently asked questions