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baic motor corp ltd-h (1958) Details

BAIC Motor Corporation Limited, together with its subsidiaries, manufactures and sells passenger vehicles in the People’s Republic of China. The company provides various passenger car models, including a range of sedans, as well as SUV, MPV, CUV, and new energy vehicles. It also offers engines, powertrains, and automobile parts and components. The company sells its products under the Beijing Brand, Beijing Benz, Beijing Hyundai, and Fujian Benz names. BAIC Motor Corporation Limited has a strategic cooperation framework agreement with Beijing Baidu Netcom Science and Technology Company Limited. The company was founded in 1958 and is headquartered in Beijing, the People’s Republic of China.

22,844 Employees
Last Reported Date: 03/22/18
Founded in 1958

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Executives, Board Directors

baic motor corp ltd-h
BAIC Motor Corporation Limited Recommends Final Dividend for the Year 2017

The board of BAIC Motor Corporation Limited recommended to distribute a final dividend for the year 2017 of RMB 0.10 per share (tax inclusive). The proposal will be submitted to the company's 2017 annual general meeting (the 2017 annual general meeting) for review and approval. The expected date of distribution will be no later than August 24, 2018.

BAIC Motor Corporation Limited Reports Consolidated Earnings Results for the Year Ended December 31, 2017

BAIC Motor Corporation Limited reported consolidated earnings results for the year ended December 31, 2017. For the period, the company reported revenue of RMB 134,158,541,000 compared to RMB 116,198,983,000 a year ago. Operating profit was RMB 17,518,073,000 compared to RMB 11,520,253,000 a year ago. Profit before income tax was RMB 17,036,363,000 compared to RMB 15,269,091,000 a year ago. Profit for the year was RMB 10,998,301,000 compared to RMB 11,536,155,000 a year ago. Profit attributable to equity holders of the company was RMB 2,252,813,000 compared to RMB 6,366,930,000 a year ago. Earnings of RMB 0.30 per basic and diluted share compared to RMB 0.84 per basic and diluted share a year ago.

BAIC Motor Corporation Limited's Board Resolves to Propose to Appoint Mr. Lei Hai as the Non-Executive Director and a Member of the Strategy Committee

The board of directors of BAIC Motor Corporation Limited announced that the Board resolved to propose to appoint Mr. Lei Hai as the non-executive director and a member of the strategy committee of the Board of the Company for a term commencing from the date of approval at the shareholders' general meeting of the Company until the expiration of the term of the third session of the Board. Due to other job assignment, from the effective date of the above appointment of Mr. Lei Hai as the director of the Company, Mr. Zhu Baocheng will cease to be the non-executive director and member of the Strategic Committee. Mr. Zhu Baocheng confirmed that he has no disagreement with the Board in any respect and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. Mr. Lei Hai currently serves as an assistant to director of the industrial management department of Beijing Energy Holding Co. Ltd. Mr. Lei Hai has more than twenty years of experience of corporate management. He previously served as the project manager of the venture capital investment department of Beijing International Power Development and Investment Corporation.


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Valuation 1958 Industry Range
Price/Earnings 21.1x
Price/Sales 0.4x
Price/Book 1.2x
Price/Cash Flow 21.1x
TEV/Sales NM Not Meaningful

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