SAIC Motor stock gains 0.91 percent as earnings beat estimates
Published on 09/23/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSAIC Motor Corporation Limited (CNE000000TY6) traded at CNY 16.68 on September 23, 2026, with the stock up 0.91 percent over 24 hours on the Shanghai Stock Exchange. The move came alongside quarterly earnings of CNY 0.26 per share, compared with an estimate of CNY 0.19, according to TradingView data dated September 22, 2026.
Quarterly earnings beat estimates
The latest reported quarter generated revenue of CNY 158.73 billion, below the CNY 161.45 billion estimate, while quarterly EPS exceeded expectations by CNY 0.07, or 36.84 percent, based on the figures published by TradingView on September 22, 2026. The contrast matters: earnings outperformed the estimate even as revenue remained CNY 2.72 billion below the forecast.
For investors, the earnings mix points to profitability rather than top-line acceleration as the immediate measurement point. The next-quarter revenue estimate is CNY 153.12 billion, which is CNY 5.61 billion below the latest quarterly revenue figure, according to the same dated company overview from TradingView.
Stock remains below analyst high
TradingView lists a maximum analyst estimate of CNY 27.00 and a minimum of CNY 8.80 for the Shanghai-listed shares, while its technical assessment dated September 22, 2026, was rated sell. Those estimates frame a wide CNY 18.20 spread around the CNY 16.68 market price and underline the uncertainty around the medium-term valuation.
The stock has gained 24.01 percent over the previous year but declined 8.60 percent over the previous month, according to TradingView on September 22, 2026. That combination of a positive annual comparison and a negative monthly comparison leaves the recent earnings beat competing with weaker short-term price momentum.
SAIC Motor stock trades at CNY 16.68
SAIC Motor stock stood at CNY 16.68 on the Shanghai Stock Exchange on September 23, 2026, up 0.91 percent over 24 hours. The dated market snapshot also reports annual dividend payments, with the latest dividend listed at CNY 0.09 per share.
SAIC Motor stock at a glance
- Company: SAIC Motor Corporation Limited
- ISIN: CNE000000TY6
- Ticker: 600104
- Trading venue: Shanghai Stock Exchange
- Price as of September 23, 2026: CNY 16.68
- Sector / Industry: Consumer discretionary / automobiles
