SAIC Motor Corp Ltd operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares SAIC Motor Corp Ltd with three other
automobile manufacturers in Asia:
Nissan Motor Co Ltd
of JAPAN
(2019
sales of 11.57 trillion Japanese Yen [US$109.96 billion]
of which 90%
was Automobile),
Honda Motor Co., Ltd.
of JAPAN
(15.89 trillion Japanese Yen [US$150.94 billion]
of which 70%
was Automobile Business), and
Hyundai Motor Co
which is
based in KOREA (SOUTH)
(105.75 trillion Korean Won [US$92.63 billion]
of which 78%
was Vehicle).
Sales Analysis.
SAIC Motor Corp Ltd reported sales of 839.45 billion Chinese Renmimbi (US$125.36 billion)
for the
year ending
December of 2019.
This
represents
a
decrease of 6.5%
versus 2018, when the company's sales were 897.73 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 6.9% decline
in Vehicle and Parts, from 886.43 billion Chinese Renmimbi to 825.03 billion Chinese Renmimbi.
.
However, these declines were partially offset by the increase in sales of
Finance Industry (up 16.0% to 18.29 billion Chinese Renmimbi)
.