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Consumer Durables

BAIC Motor Corp. Ltd.

Business Summary

BAIC Motor Corp. Ltd. engages in the manufacture and sale of vehicles, parts, and accessories. It operates through the Passenger Vehicles of Beijing Brand and Passenger vehicles of Beijing Benz. The Passenger Vehicles of Beijing Motor segment produces and markets cars under the BAIC brand name. The Passenger Vehicles of Beijing Brand segment manufactures and sells passenger vehicles of BAIC brands, and provides other businesses and related services. The Passenger Vehicles of Beijing Benz segment distributes crossover and sports utility vehicles, sedans, multi-purpose, and off-road vehicles of Beijing Benz. The company was founded on September 20, 2010 and is headquartered in Beijing, China.

Financial Highlights

Dec 2021 HKDUSD
Revenue212,015.51M27,276.46M
Gross Profit44,422.10M5,715.04M
Operating income25,845.89M3,325.15M
Income before tax28,950.42M3,724.56M
Net income4,649.91M598.22M
EBITDA37,039.43M4,765.24M
Diluted EPS0.580.07
Dividends Per Share0.180.02
Total Assets221,220.71M28,375.09M
Total liabilities125,664.38M16,118.46M
Total equity64,322.68M8,250.41M
Operating cash flow16,265.61M2,092.62M
Currency in HKDCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 154,696.45M 179,942.69M 198,900.52M 198,863.39M 212,015.51M
Gross Profit 40,563.37M 42,772.38M 41,331.18M 45,720.41M 44,422.10M
Operating income 21,420.29M 23,818.40M 22,932.78M 25,823.89M 25,845.89M
Income before tax 19,683.37M 24,010.09M 25,477.98M 25,221.08M 28,950.42M
Net income 2,597.68M 5,113.83M 5,538.36M 2,153.90M 4,649.91M
EBITDA 27,994.18M 32,083.07M 31,182.88M 35,805.43M 37,039.43M
Diluted EPS 0.34 0.64 0.69 0.26 0.58
Dividends Per Share 0.11 0.21 0.18 0.09 0.18
Total Assets 200,958.12M 196,180.32M 219,684.38M 229,662.16M 221,220.71M
Total liabilities 129,362.45M 114,844.97M 136,634.96M 140,541.54M 125,664.38M
Total equity 49,021.42M 52,932.30M 53,702.54M 58,202.29M 64,322.68M
Operating cash flow 26,660.49M 25,855.43M 42,055.43M 29,458.27M 16,265.61M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 19,851.15M 22,959.06M 25,385.51M 25,639.95M 27,276.46M
Gross Profit 5,205.22M 5,457.37M 5,275.06M 5,894.84M 5,715.04M
Operating income 2,748.72M 3,039.01M 2,926.89M 3,329.53M 3,325.15M
Income before tax 2,525.83M 3,063.47M 3,251.73M 3,251.81M 3,724.56M
Net income 333.34M 652.47M 706.85M 277.70M 598.22M
EBITDA 3,592.30M 4,093.51M 3,979.84M 4,616.48M 4,765.24M
Diluted EPS 0.04 0.08 0.08 0.03 0.07
Dividends Per Share 0.01 0.02 0.02 0.01 0.02
Total Assets 25,706.84M 25,057.03M 28,194.30M 29,619.11M 28,375.09M
Total liabilities 16,548.22M 14,668.51M 17,535.73M 18,125.38M 16,118.46M
Total equity 6,270.88M 6,760.75M 6,892.18M 7,506.24M 8,250.41M
Operating cash flow 3,421.16M 3,298.92M 5,367.50M 3,798.12M 2,092.62M

Valuation Measures

Dec 2021
PER5.77
ROA2.06%
ROE7.59%
Operating margin12.19%
Profit margin2.19%

Key executives

  • President, CEO & Executive Director: Wen Bing Huang
  • Vice President, Director-Finance & Economics: De Ren Li
  • Secretary: Jian Hui Wang

Shareholders

  • Mercedes-Benz Group AG (30.3%)
  • UBS Asset Management Switzerland AG (4.6%)
  • The Vanguard Group, Inc. (2.7%)
  • Dimensional Fund Advisors LP (1.6%)
  • Templeton Asset Management Ltd. (1.6%)
  • Charles Schwab Investment Management, Inc. (1.2%)
  • APG Asset Management NV (1.1%)
  • Value Partners Ltd. (0.9%)
  • Norges Bank Investment Management (0.8%)
  • HSBC Global Asset Management (UK) Ltd. (0.6%)

Contact Details

Related Companies

  • BAIC MOTOR Glass Steel Co., Ltd.
  • BAIC Mobility Co., Ltd.
  • BAIC Motor Powertrain Co., Ltd.
  • Beijing Beinei Engine Parts & Components Co., Ltd.
  • BAIC (Guangzhou) Automotive Corp. Ltd.
  • BAIC Motor Sales Co., Ltd.
  • Zhuzhou (BAIC) Motor Sales Co., Ltd.
  • BAIC Hong Kong Investment Corp. Ltd.
  • BAIC Investment Co., Ltd.
  • China Automobile Dev United (Beijing) Tech Invt Co., Ltd.

Competitors

  • Great Wall Motor Co., Ltd. Class H
  • Guangzhou Automobile Group Co., Ltd. Class H
Last Updated on 17 Aug, 2022

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