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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 2020 HKDUSD
Revenue198,863.39M25,639.95M
Gross Profit45,720.41M5,894.84M
Operating income25,823.89M3,329.53M
Income before tax25,221.08M3,251.81M
Net income2,153.90M277.70M
EBITDA35,805.43M4,616.48M
Diluted EPS0.260.03
Dividends Per Share0.090.01
Total Assets229,662.16M29,619.11M
Total liabilities140,541.54M18,125.38M
Total equity58,202.29M7,506.24M
Operating cash flow29,458.27M3,798.12M
Currency in HKDCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 135,769.04M 154,696.45M 179,942.69M 198,900.52M 198,863.39M
Gross Profit 30,371.52M 40,563.37M 42,772.38M 41,331.18M 45,720.41M
Operating income 13,288.31M 21,420.29M 23,818.40M 22,932.78M 25,823.89M
Income before tax 12,913.81M 19,683.37M 24,010.09M 25,477.98M 25,221.08M
Net income 7,439.23M 2,597.68M 5,113.83M 5,538.36M 2,153.90M
EBITDA 18,899.64M 27,994.18M 32,083.07M 31,182.88M 35,805.43M
Diluted EPS 0.98 0.34 0.64 0.69 0.26
Dividends Per Share 0.33 0.11 0.21 0.18 0.09
Total Assets 188,432.26M 200,958.12M 196,180.32M 219,684.38M 229,662.16M
Total liabilities 123,687.88M 129,362.45M 114,844.97M 136,634.96M 140,541.54M
Total equity 44,804.27M 49,021.42M 52,932.30M 53,702.54M 58,202.29M
Operating cash flow 23,844.17M 26,660.49M 25,855.43M 42,055.43M 29,458.27M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 17,490.47M 19,851.15M 22,959.06M 25,385.51M 25,639.95M
Gross Profit 3,912.61M 5,205.22M 5,457.37M 5,275.06M 5,894.84M
Operating income 1,711.86M 2,748.72M 3,039.01M 2,926.89M 3,329.53M
Income before tax 1,663.62M 2,525.83M 3,063.47M 3,251.73M 3,251.81M
Net income 958.36M 333.34M 652.47M 706.85M 277.70M
EBITDA 2,434.75M 3,592.30M 4,093.51M 3,979.84M 4,616.48M
Diluted EPS 0.12 0.04 0.08 0.08 0.03
Dividends Per Share 0.04 0.01 0.02 0.02 0.01
Total Assets 24,303.96M 25,706.84M 25,057.03M 28,194.30M 29,619.11M
Total liabilities 15,953.24M 16,548.22M 14,668.51M 17,535.73M 18,125.38M
Total equity 5,778.84M 6,270.88M 6,760.75M 6,892.18M 7,506.24M
Operating cash flow 3,071.73M 3,421.16M 3,298.92M 5,367.50M 3,798.12M

Valuation Measures

Dec 2020
PER10.68
ROA0.95%
ROE3.84%
Operating margin12.98%
Profit margin1.08%

Key executives

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

Shareholders

  • Daimler AG (30.3%)
  • GIC Pte Ltd. (Investment Management) (4.9%)
  • UBS Asset Management Switzerland AG (4.6%)
  • The Vanguard Group, Inc. (2.6%)
  • Templeton Asset Management Ltd. (2.0%)
  • Dimensional Fund Advisors LP (1.6%)
  • BlackRock Fund Advisors (1.5%)
  • Norges Bank Investment Management (1.0%)
  • Charles Schwab Investment Management, Inc. (0.8%)
  • Grantham, Mayo, Van Otterloo & Co. LLC (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 27 Sep, 2021

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