1958.HK - BAIC Motor Corporation Limited
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 3.080 |
| Open | 3.030 |
| Bid | 3.110 x 0 |
| Ask | 3.120 x 0 |
| Day's Range | 3.010 - 3.120 |
| 52 Week Range | 2.510 - 5.570 |
| Volume | 17,835,213 |
| Avg. Volume | 7,994,588 |
| Market Cap | 25.008B |
| Beta (5Y Monthly) | 1.56 |
| PE Ratio (TTM) | 8.67 |
| EPS (TTM) | 0.360 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.19 (6.01%) |
| Ex-Dividend Date | Jun 22, 2020 |
| 1y Target Est | 7.37 |
- Simply Wall St.
Imagine Owning BAIC Motor (HKG:1958) While The Price Tanked 69%
Generally speaking long term investing is the way to go. But along the way some stocks are going to perform badly...
- Simply Wall St.
Does BAIC Motor Corporation Limited's (HKG:1958) -8.0% Earnings Drop Reflect A Longer Term Trend?
Increase in profitability and industry-beating performance can be essential considerations in a stock for some...
- Simply Wall St.
BAIC Motor Corporation Limited Just Recorded A 9.2% Earnings Beat: Here's What Analysts Think
It's been a sad week for BAIC Motor Corporation Limited (HKG:1958), who've watched their investment drop 13% to...
- Simply Wall St.
How Much is BAIC Motor Corporation Limited's (HKG:1958) CEO Getting Paid?
Hongliang Chen has been the CEO of BAIC Motor Corporation Limited (HKG:1958) since 2017. This report will, first...
- Simply Wall St.
These 4 Measures Indicate That BAIC Motor (HKG:1958) Is Using Debt Extensively
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
- Simply Wall St.
BAIC Motor Corporation Limited (HKG:1958) Is Yielding 4.9% - But Is It A Buy?
Dividend paying stocks like BAIC Motor Corporation Limited (HKG:1958) tend to be popular with investors, and for good...
- Reuters
Exclusive: Daimler seeks majority control of its main China joint venture
HONG KONG/FRANKFURT/BEIJING (Reuters) - Daimler is seeking to buy a majority stake in its Chinese operations, three people familiar with the matter told Reuters, after initial efforts to raise its stake failed and as Chinese investors tighten their grip on the German carmaker. Daimler's moves come at a time of heightened tension between Berlin and Beijing as German lawmakers debate whether to bar China's Huawei from local 5G networks and as German companies look to ease Chinese ownership restrictions. Daimler has been exploring several options to strengthen its control of Beijing Benz Automotive Co, its Chinese joint venture with BAIC Group, including a plan to raise its stake to 75% from the current 49%, two of the people familiar with the matter said.
- Reuters
Exclusive: Daimler seeks majority control of its main China joint venture - sources
HONG KONG/FRANKFURT/BEIJING (Reuters) - Daimler is seeking to buy a majority stake in its Chinese operations, three people familiar with the matter told Reuters, after initial efforts to raise its stake failed and as Chinese investors tighten their grip on the German carmaker. Daimler's moves come at a time of heightened tension between Berlin and Beijing as German lawmakers debate whether to bar China's Huawei from local 5G networks and as German companies look to ease Chinese ownership restrictions. Daimler has been exploring several options to strengthen its control of Beijing Benz Automotive Co, its Chinese joint venture with BAIC Group, including a plan to raise its stake to 75% from the current 49%, two of the people familiar with the matter said.
- Simply Wall St.
Is BAIC Motor Corporation Limited’s (HKG:1958) 25% ROCE Any Good?
Today we are going to look at BAIC Motor Corporation Limited (HKG:1958) to see whether it might be an attractive...
- Reuters
China's BAIC willing to increase Daimler holding after 5% stake buy - sources
BEIJING/FRANKFURT (Reuters) - Daimler's <DAIGn.DE> main Chinese joint venture partner BAIC Group has signalled its intention to increase its stake in the German luxury car manufacturer, sources briefed on the matter said, after it built up a 5% Daimler holding in July. Officials at BAIC's listed company, BAIC Motor Corp Ltd <1958.HK>, said at investor conferences in mid-October that "both sides are willing to increase stakes in the other", responding to questions about future relationship between BAIC Group and Daimler, the sources said. Daimler said in a regulatory filing on Friday that HSBC held 5.23% in Daimler's voting rights directly as well as through instruments such as equity swaps as of Nov 15.
- Simply Wall St.
Here's How P/E Ratios Can Help Us Understand BAIC Motor Corporation Limited (HKG:1958)
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at BAIC...
- Simply Wall St.
With A -14% Earnings Drop, Is BAIC Motor Corporation Limited's (HKG:1958) A Concern?
Measuring BAIC Motor Corporation Limited's (SEHK:1958) track record of past performance is an insightful exercise for...
- Bloomberg
China’s Tesla Rival NIO Plunges 26% on Escalating Losses
(Bloomberg) -- Shares of Chinese electric-vehicle makers and suppliers fell after a worse-than-expected quarterly loss for NIO Inc., the country’s answer to Tesla Inc., exacerbated concerns that a bubble in the world’s largest EV market may be bursting.BAIC Motor Corp., which BloombergNEF says brought in more than $4 billion in EV revenue last year, dropped 1% in Hong Kong, while BYD Co. closed down 4.1%, its biggest loss in over a month. Wuxi Lead Intelligent Equipment Co. retreated 4.5% in Shenzhen. NIO plunged 20% to a record low of $2.17 in New York on Tuesday after announcing its results and thousands of job cuts.The dire situation has prompted NIO, which is backed by technology giant Tencent Holdings Ltd., to raise $200 million from founder William Li and a Tencent affiliate, and to plan the spin off some businesses. The company’s U.S.-listed shares are down more than 80% from their peak following last year’s IPO.“People are wondering whether the company can continue to survive,” said Jason Chen, an analyst from Blue Lotus Capital Advisors. Bernstein analyst Robin Zhu struck a similar tone with a report titled “Tick Tock, Tick Tock,” estimating that NIO has only a few weeks of liquidity left.The issues specific to Shanghai-based NIO include cost overruns and major recalls.The company said Wednesday it has rescheduled its earnings conference call to 8 a.m. New York time after canceling the original one planned for Tuesday.More broadly, the automaker’s struggles lend credence to mounting concerns that China’s state-sponsored support of the industry inflated a bubble that’s poised to pop. The nation’s sales of EVs and “new-energy” vehicles fell for a second straight month in August as the government scaled back subsidies. China accounts for half of the world’s EV sales.“The latest industry sales and pricing data have not shown improvement, prompting us to fear the anticipated recovery in industry demand in September and 4Q may prove more modest than expected,” JPMorgan analysts Ryan Brinkman and Rebecca Wen wrote in a note, where they also withdrew their price target on NIO.NIO’s second-quarter net losses increased 83% from a year earlier to 3.29 billion yuan ($462 million), according to a statement. The deficit was worse than the 2.6 billion yuan average estimate of two analysts surveyed by Bloomberg, and it was the company’s second-largest based on available data dating back to 2017.NIO has accumulated about $6 billion in losses since it was founded by Li, who is also the chief executive officer, in 2014. Fire risks led to a mass callback of nearly 5,000 vehicles in June, a significant portion of the 17,550 units NIO had sold as of the end of May.Li said in the statement that a target has been set to reduce global headcount to 7,800 by the end of the third quarter, from more than 9,900 in January. There will be additional restructuring and some non-core businesses will be spun off by the end of the year, he said, without elaborating.A Tencent affiliate and Li agreed to buy $200 million of convertible notes through a private placement that’s expected to close before the end of the month, NIO has said. The company canceled its earnings conference call without explanation, a move Chen called “very strange.”Though revenue surged more than 3,000% from a year earlier, that was a time when the company was just getting started to sell cars. It fell 7.5% from the first quarter.NIO delivered 11% fewer vehicles compared with the first quarter, but it forecast the number will rebound to between 4,200 and 4,400 units in the third quarter. Third-quarter revenue will rise as much as 10% from the previous three months, the company said.NIO previously scrapped plans for a manufacturing plant in Shanghai after the government decided to provide support to Tesla, which aims to start production in China this year -- another challenge for Li’s company. Annual capacity at the Tesla facility could eventually top 1 million vehicles, chief executive Elon Musk has said.(Updates share-price moves.)\--With assistance from Courtney Dentch.To contact Bloomberg News staff for this story: Chunying Zhang in Shanghai at czhang714@bloomberg.netTo contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, ;Young-Sam Cho at ycho2@bloomberg.net, Will Davies, Kevin MillerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.
Can We See Significant Institutional Ownership On The BAIC Motor Corporation Limited (HKG:1958) Share Register?
The big shareholder groups in BAIC Motor Corporation Limited (HKG:1958) have power over the company. Insiders often...
- Simply Wall St.
BAIC Motor (HKG:1958) Has A Somewhat Strained Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
- Simply Wall St.
How BAIC Motor Corporation Limited (HKG:1958) Can Impact Your Portfolio Volatility
Anyone researching BAIC Motor Corporation Limited (HKG:1958) might want to consider the historical volatility of the...
- Moody's
BAIC Inalfa HK Investment Co., Limited -- Moody's affirms Beijing Automotive Group's Baa2 ratings; revises outlook to negative
Moody's Investors Service has affirmed the Baa2 issuer rating of Beijing Automotive Group Co., Ltd. (BAIC Group), and the Baa2 senior unsecured rating on the bonds issued by BAIC Inalfa HK Investment Co., Limited and guaranteed by BAIC Group. At the same time, Moody's has changed the outlook on the ratings above to negative from stable.
- Reuters
China's BAIC buys 5% Daimler stake to cement alliance
FRANKFURT/BEIJING (Reuters) - China's Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler, cementing their long-standing alliance after China's Geely emerged as a potential rival by also taking a stake in the German automaker. BAIC has been Daimler's main partner in China for years, operating Mercedes-Benz factories in Beijing through Beijing Benz Automotive.
- Simply Wall St.
Is BAIC Motor Corporation Limited (HKG:1958) An Attractive Dividend Stock?
Could BAIC Motor Corporation Limited (HKG:1958) be an attractive dividend share to own for the long haul? Investors...
- Simply Wall St.
BAIC Motor Corporation Limited (HKG:1958) Earns Among The Best Returns In Its Industry
Today we are going to look at BAIC Motor Corporation Limited (HKG:1958) to see whether it might be an attractive...
- Simply Wall St.
What Should We Expect From BAIC Motor Corporation Limited's (HKG:1958) Earnings In The Next 12 Months?
After BAIC Motor Corporation Limited's (HKG:1958) earnings announcement in December 2018, analysts seem fairly...
- Simply Wall St.
BAIC Motor Corporation Limited (HKG:1958): Is It A Good Long Term Opportunity?
The most recent earnings update BAIC Motor Corporation Limited's (HKG:1958) released in December 2018 confirmed that...
