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1958 On Other Exchanges
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baic motor corp ltd-h (1958) Snapshot

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baic motor corp ltd-h (1958) Details

BAIC Motor Corporation Limited manufactures and sells passenger vehicles in the People’s Republic of China. The company provides various vehicle models, including mid to large size sedans, mid-size sedans, compact sedans, and small-size sedans, as well as sports utility, multi-purpose passenger, and cross-over utility vehicles. It also offers engines, and automobile parts and components. The company sells its products under the Beijing Benz and Beijing Motor brand names. It has a strategic cooperation agreement with Letv Holding to build an Internet smart auto ecosystem; and a strategic cooperation framework agreement with Huaneng Renewables Corporation Limited to develop a photovoltaic power generation project. The company was founded in 1958 and is headquartered in Beijing, the People’s Republic of China. BAIC Motor Corporation Limited is a subsidiary of Beijing Automotive Group Co., Ltd.

23,600 Employees
Last Reported Date: 08/25/15
Founded in 1958

baic motor corp ltd-h (1958) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: CNY1.2M
Vice President
Total Annual Compensation: CNY1.1M
Compensation as of Fiscal Year 2014.

baic motor corp ltd-h (1958) Key Developments

BAIC Reportedly In Talks To Acquire Daimler

BAIC Motor Corporation Limited (SEHK:1958) is in talks with Daimler AG (XTRA:DAI) about taking a stake in the German luxury carmaker, two sources with knowledge of the matter have told Reuters. If a deal is completed, BAIC will become one of Daimler’s top shareholders, Want China Times reported.

BAIC Motor Corporation Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

BAIC Motor Corporation Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported revenue of RMB 36,522,319,000 against RMB 25,126,877,000 a year ago. Operating profit was RMB 2,711,688,000 against RMB 48,976,000 a year ago. Profit before income tax was RMB 4,337,897,000 against RMB 2,628,890,000 a year ago. Profit for the period attributable to equity holders of the company was RMB 2,170,790,000 or RMB 0.29 per basic and diluted share against RMB 1,780,655,000 or RMB 0.28 per basic and diluted share a year ago. The Group’s operating profit representing a year-on-year increase of 5,434.1%, mainly attributable to the year-on-year increase in operating profit of Beijing Benz; and the year-on-year decrease in operating loss of Beijing Motor.

BAIC Motor Corporation Limited to Report First Half, 2015 Operating Results on Aug 25, 2015

BAIC Motor Corporation Limited announced that they will report first half, 2015 operating results on Aug 25, 2015


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1958:HK $6.42 HKD +0.28

1958 Competitors

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Company Last Change
Chongqing Changan Automobile Co Ltd CNY14.69 CNY +0.34
DongFeng Automobile Co Ltd CNY10.84 CNY -1.20
Geely Automobile Holdings Ltd $2.79 HKD -0.02
Great Wall Motor Co Ltd CNY29.23 CNY +0.87
Guangzhou Automobile Group Co Ltd CNY16.41 CNY 0.00
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Valuation 1958 Industry Range
Price/Earnings 7.0x
Price/Sales 0.6x
Price/Book 1.1x
Price/Cash Flow 7.6x
TEV/Sales NM Not Meaningful

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