BAIC Motor Corporation Limited logo

BAIC Motor Corporation Limited

1958.HK

HKSEConsumer CyclicalAuto - Manufacturers

Latest quote

HK$0.75

−HK$0.02 · -2.60%

Aug 24, 4:08 PM HKT

1958.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

BAIC Motor Corporation Limited, together with its affiliated companies, is primarily engaged in the production and sale of passenger automobiles within the People's Republic of China. The company's diverse vehicle lineup includes luxury passenger cars, premium commercial vehicles, mid-range and high-end passenger models, and vehicles sold under its proprietary brands. In addition to finished vehicles, it supplies crucial automotive parts, such as engines, powertrains, and various other components. BAIC Motor is also deeply involved in the research and development of passenger vehicles and provides comprehensive after-sales support. Furthermore, its operations encompass the manufacturing of core vehicle parts, as well as offering car financing and investment management services. The company's products are distributed under well-known brand names like Beijing Brand, Beijing Benz, Beijing Hyundai, and Fujian Benz. Established in 1958, BAIC Motor Corporation Limited is headquartered in Beijing, PRC.

Industry
Auto - Manufacturers
Sector
Consumer Cyclical
Headquarters
CN
CEO
Geng Chen
Listed since
Dec 19, 2014
Employees
35,298

Market position

Day range

Current HK$0.75

52-week range

Current HK$0.75

Open
HK$0.77
Previous close
HK$0.77
Volume
4.96M
0.84× average
Average volume
5.88M
Average daily volume
Market cap
6.01B HKD
Beta
0.48
Market reference 1
50-day average
HK$0.8532
-12.10% below average
200-day average
HK$1.4808
-49.35% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.94B CNY
P/E (TTM)
42.03×
P/B (TTM)
0.09×
P/S (TTM)
0.03×
EV / EBITDA
0.41×
Earnings yield
0.88%
Free cash flow yield
6.52%
Dividend yield
13.33%

Profitability & efficiency

Gross margin
11.59%
Operating margin
0.00%
Net margin
0.07%
Return on equity
0.21%
Return on assets
0.07%
Return on invested capital
2.81%

Financial health

Debt / equity
0.34×
Current ratio
0.95×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends24%16%7%-2%Gross margin, FY2021: 21.40%Gross margin, FY2022: 22.23%Gross margin, FY2023: 19.35%Gross margin, FY2024: 16.05%Gross margin, FY2025: 11.59%Operating margin, FY2021: 13.62%Operating margin, FY2022: 13.66%Operating margin, FY2023: 11.40%Operating margin, FY2024: 8.93%Operating margin, FY2025: 2.67%Net margin, FY2021: 2.19%Net margin, FY2022: 2.20%Net margin, FY2023: 1.53%Net margin, FY2024: 0.50%Net margin, FY2025: 0.07%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.40%. Gross margin FY2022 22.23%. Gross margin FY2023 19.35%. Gross margin FY2024 16.05%. Gross margin FY2025 11.59%. Operating margin FY2021 13.62%. Operating margin FY2022 13.66%. Operating margin FY2023 11.40%. Operating margin FY2024 8.93%. Operating margin FY2025 2.67%. Net margin FY2021 2.19%. Net margin FY2022 2.20%. Net margin FY2023 1.53%. Net margin FY2024 0.50%. Net margin FY2025 0.07%.

Income trends

Revenue

164.05B CNY-14.78%

Operating income

4.37B CNY-74.55%

Net income

122.7M CNY-87.16%
Income trends across reported periods217.73B CNY138.6B CNY59.47B CNY−19.66B CNYRevenue, FY2021: 175.92B CNYRevenue, FY2022: 190.46B CNYRevenue, FY2023: 197.95B CNYRevenue, FY2024: 192.5B CNYRevenue, FY2025: 164.05B CNYOperating income, FY2021: 23.96B CNYOperating income, FY2022: 26.01B CNYOperating income, FY2023: 22.57B CNYOperating income, FY2024: 17.18B CNYOperating income, FY2025: 4.37B CNYNet income, FY2021: 3.86B CNYNet income, FY2022: 4.2B CNYNet income, FY2023: 3.03B CNYNet income, FY2024: 955.84M CNYNet income, FY2025: 122.7M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 175.92B CNY. Revenue FY2022 190.46B CNY. Revenue FY2023 197.95B CNY. Revenue FY2024 192.5B CNY. Revenue FY2025 164.05B CNY. Operating income FY2021 23.96B CNY. Operating income FY2022 26.01B CNY. Operating income FY2023 22.57B CNY. Operating income FY2024 17.18B CNY. Operating income FY2025 4.37B CNY. Net income FY2021 3.86B CNY. Net income FY2022 4.2B CNY. Net income FY2023 3.03B CNY. Net income FY2024 955.84M CNY. Net income FY2025 122.7M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue164.05B CNY192.5B CNY197.95B CNY190.46B CNY175.92B CNY
Cost of goods sold145.03B CNY161.61B CNY157.88B CNY148.13B CNY138.27B CNY
Gross profit19.01B CNY30.89B CNY38.3B CNY42.33B CNY37.64B CNY
Research and development3.6B CNY4.29B CNY28.44B CNY4.84B CNY5.54B CNY
Selling, general, and administrative11.04B CNY13.5B CNY16.95B CNY16.51B CNY16.11B CNY
Operating expenses14.64B CNY13.71B CNY15.73B CNY16.33B CNY13.68B CNY
Interest income223.77M CNY372.61M CNY525.83M CNY659.63M CNY887.14M CNY
Interest expense330.97M CNY323.04M CNY495.08M CNY658.46M CNY826.24M CNY
Depreciation and amortization9.11B CNY6.35B CNY8.83B CNY8.96B CNY9.47B CNY
Operating income4.37B CNY17.18B CNY22.57B CNY26.01B CNY23.96B CNY
Net income122.7M CNY955.84M CNY3.03B CNY4.2B CNY3.86B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
60%
3 beats, 2 misses, 0 met estimates
Average EPS surprise
+40.74%
5 comparable reports
Latest EPS result
-0.03

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.430.220.02-0.18Q2 '22BeatQ2 '23BeatQ4 '23No estimateQ2 '24No estimateQ4 '24No estimateQ1 '25No estimateQ3 '25No estimateQ2 '26No estimate
Q2 2022, reported Jun 30, 2022: actual 0.315, estimate 0.176, surprise +79.40%, Beat. Q2 2023, reported Apr 27, 2023: actual 0.29, estimate 0.113, surprise +155.83%, Beat. Q4 2023, reported Oct 30, 2023: actual 0.384, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 26, 2024: actual 0.025, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 28, 2024: actual 0.265, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.136, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual 0.049, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 27, 2026: actual -0.033, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates111.83B89.04B66.26B43.48BQ2 '23MissQ4 '23No estimateQ2 '24No estimateQ4 '24No estimateQ1 '25No estimateQ3 '25No estimateQ2 '26MetQ3 '26Estimate
Q2 2023, reported Apr 27, 2023: actual 55.33B HKD, estimate 103.94B HKD, surprise -46.76%, Miss. Q4 2023, reported Oct 30, 2023: actual 107.11B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 26, 2024: actual 48.19B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 28, 2024: actual 101.29B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 104.44B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual 90.15B HKD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 27, 2026: actual 90.83B HKD, estimate 90.83B HKD, surprise 0.00%, Met estimate. Q3 2026, reported Aug 28, 2026: actual —, estimate 93.67B HKD, surprise —, Comparison unavailable.

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