Shanghai stock alert

CHINA

CLOSING UPDATE: SAIC Motor- A Share down 4.6% in 2 days 16 January 2018 16:00 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, extended its slide on Tuesday, shedding an additional CNY1.19 (or 3.5%) to trade at CNY32.34. Trading volume was 2.0 times average at the end of the day. The shares have fallen CNY1.56 (or 4.6%) over the past two trading days vs. the SSE 180 Index which has risen 0.8% in the same period.

Technical indicators complementing today's significant downtrend:

+ The price decreased 0.3% in the last week.

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

Overvaluation:

+ Price/Earnings/Growth of 1.69 [1.2]

+ Year-on-Year Earnings Growth of 11% [13.2%]

Note

The stock has outperformed 62% of the Shanghai market over the past 6 months.

Bullish Signals:

The positive 0.43 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 5.7% discount to 12-month high of CNY34.30 against the 41.9% premium to 12-month low of CNY22.79 suggests the stock continues to push for new highs.

In the last three months the stock has hit a new 52-week high seven times, pointing to a significant uptrend.

Tobin's Q Ratio is 0.6. 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 6% 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 17.9% is better than sector average of 12.0%.

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

Undervaluation:

Price/Earnings of 10.8 [16.2]

Price/Sales of 0.5 [0.7]

Price to Book of 2.1 [2.4]

Dividend yield of 5.1% [3.4%]

Return on Equity 17.9% [12.0%]

Return on Assets 7.4% [4.6%]

Return on Capital Employed 17.2% [13.4%]

TODAY'S ALERTS

Afternoon Alert: SAIC Motor- A Share down 2.1% in 2 days

16 January 2018 13:07 CST

SAIC Motor Corporation Limited (SS:600104) extended its slide on Tuesday, shedding an additional 33.0 fen (or 1.0%) to trade at CNY33.20. Trading volume was 1.2 times average so far today. The shares have fallen 70.0 fen (or 2.1%) over the past two trading days vs. the SSE 180 Index which has risen 0.4% in the same period.

Morning Alert: SAIC Motor- A Share down 2.7% in 2 days

16 January 2018 10:55 CST

SAIC Motor Corporation Limited (SS:600104) extended its slide on Tuesday, shedding an additional 55.0 fen (or 1.6%) to trade at CNY32.98. Trading volume was 1.2 times average so far today. The shares have fallen 92.0 fen (or 2.7%) over the past two trading days vs. the SSE 180 Index which has risen 0.2% in the same period.

RECENT ALERTS

CLOSING UPDATE: SAIC Motor- A Share decreases 1.1% on firm volume

15 January 2018 16:01 CST

SAIC Motor- A Share, Shanghai's largest motor vehicles company by market capitalisation, traded on heavy volume of 1.2 times average today while the price decreased 37.0 fen (or 1.1%) to trade at CNY33.53. Compared with the SSE 180 Index which rose 11.2 points (or 0.1%) in the day, this represented a relative price change of -1.2%.

Afternoon Alert: SAIC Motor- A Share drops 2.1%, leads Motor vehicles sector lower

15 January 2018 13:07 CST

SAIC Motor Corporation Limited (SS:600104) has dropped 2.1% to trade at CNY33.19 vs. the Motor vehicles sector which weakened 447.9 points (or 1.9%) to 22,701.3. Representing a weighting of about 61.1% of the sector, the stock accounted for 65.9% of today's loss. Trading volume was 1.2 times average so far today.

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

ISIN: CNE000000TY6

PermID: 4295865461

Source: www.BuySellSignals.com