Shanghai stock alert

CHINA

CLOSING UPDATE: SAIC Motor- A Share decreases further 0.1%, led Motor vehicles sector lower 20 September 2018 16:01 CST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Shanghai market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

SAIC Motor- A Share, Shanghai's largest motor vehicles company by market capitalisation, has decreased 0.6% to trade at CNY29.67 vs. the Motor vehicles sector which weakened 203.4 points (or 1%) to 19,436.9. Representing a weighting of about 63.8% of the sector, the stock accounted for 37.0% of today's loss. Trading volume was 42% of average at the end of the day. Compared with the SSE Composite Index which fell 1.6 points (or 0.06%) in the day, this represented a relative price change of -0.5%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.04 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Earnings/Growth of 1.75 [0.6]

Note

SAIC Motor- A Share today is at a discount of 16.9% to the 12-month high of CNY35.69 on 13 Mar, 2018. It is at a premium of 7.9% to the 12-month low of CNY27.50 on 20 Aug, 2018.

Bullish Signals:

The price lifted 3.0% in the last week and climbed 5.6% in the last month.

Tobin's Q Ratio is 0.5. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.

Net profit margin has averaged 5.7% in the last 3 years. This is better than the sector average of 4% and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity of 16.3% is better than sector average of 13.3%.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Price/Earnings of 9.9 [12.3]

Price/Sales of 0.4 [0.5]

Dividend yield of 6.2% [4.8%]

Return on Equity 16.3% [13.3%]

Return on Assets 6.5% [4.5%]

Return on Capital Employed 16.3% [14.1%]

TODAY'S ALERT

Afternoon Alert: SAIC Motor- A Share decreases 0.5%, leads Motor vehicles sector lower

20 September 2018 12:59 CST

SAIC Motor Corporation Limited (SS:600104) has decreased 0.5% to trade at CNY29.69 vs. the Motor vehicles sector which weakened 69.4 points (or 0.3%) to 19,570.8. Representing a weighting of about 63.4% of the sector, the stock accounted for 97.1% of today's loss. Trading volume was 68% of average so far today.

RECENT ALERTS

CLOSING UPDATE: SAIC Motor- A Share increases 0.9%, led Motor vehicles sector higher

19 September 2018 16:06 CST

SAIC Motor- A Share, Shanghai's largest motor vehicles company by market capitalisation, has increased 0.9% to trade at CNY29.85 vs. the Motor vehicles sector which strengthened 216.5 points (or 1.1%) to 19,640.3. Representing a weighting of about 63.5% of the sector, the stock accounted for 54.2% of today's gain. The shares have outperformed 91% of the market in the past week. Trading volume was 84% of average at the end of the day. Compared with the SSE Composite Index which rose 30.9 points (or 1.1%) in the day, this represented a relative price change of -0.2%.

Afternoon Alert: SAIC Motor- A Share decreases 0.2%, leads Motor vehicles sector lower

19 September 2018 13:01 CST

SAIC Motor Corporation Limited (SS:600104) has decreased 0.2% to trade at CNY29.50 vs. the Motor vehicles sector which weakened 59.5 points (or 0.3%) to 19,364.2. Representing a weighting of about 63.6% of the sector, the stock accounted for 48.6% of today's loss. Trading volume was 1.1 times average so far today.

SAIC Motor Corporation Limited (SS:600104; SHA:600104; CH:600104)

ISIN: CNE000000TY6

PermID: 4295865461

Source: www.BuySellSignals.com