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 Brand segment produces and markets cars under the BAIC brand name. 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	HKD	USD
Revenue	212,015.51M	27,276.46M
Gross Profit	44,422.10M	5,715.04M
Operating income	25,845.89M	3,325.15M
Income before tax	28,950.42M	3,724.56M
Net income	4,649.91M	598.22M
EBITDA	37,039.43M	4,765.24M
Diluted EPS	0.58	0.07
Dividends Per Share	0.18	0.02
Total Assets	221,220.71M	28,375.09M
Total liabilities	125,664.38M	16,118.46M
Total equity	64,322.68M	8,250.41M
Operating cash flow	16,265.61M	2,092.62M
	Currency in HKD	Currency in USD

Historical Data

HKD | USD

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 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 2017	Dec 2018	Dec 2019	Dec 2020	Dec 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
PER	5.77
ROA	2.06%
ROE	7.59%
Operating margin	12.19%
Profit margin	2.19%

Key executives

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

Shareholders

Mercedes-Benz Group AG (30.3%)
The Vanguard Group, Inc. (2.7%)
Dimensional Fund Advisors LP (1.8%)
Templeton Asset Management Ltd. (1.5%)
Charles Schwab Investment Management, Inc. (1.5%)
APG Asset Management NV (1.1%)
Norges Bank Investment Management (1.1%)
Value Partners Ltd. (0.8%)
Mellon Investments Corp. (0.8%)
HSBC Global Asset Management (UK) Ltd. (0.6%)

Contact Details

Website:http://www.baicmotor.com
Address: No. 99, Shuanghe Street, Renhe Town, Beijing, 101300, China
Phone: +86.10.56635500

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
Changzhou Nrb Corporation Class A
Jiangnan Mould & Plastic Technology Co., Ltd. Class A

Last Updated on 22 Mar, 2023