SAIC Motor stock gains 1.59 percent on H1 revenue data

Published on 10/04/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SAIC Motor stock posted CNY 298.65 billion in H1 2026 revenue, while gross margin rose to 12.6 percent. Q2 EPS fell to CNY 0.19.

SAIC, CNE000000TY6, Illustration mit AI erstellt.

SAIC Motor stock (ISIN CNE000000TY6) gained 1.59 percent to CNY 10.88 on the Shanghai Stock Exchange on September 30, 2026 at 3:00 p.m. CST. The move came as the automaker's latest half-year figures showed revenue of CNY 298.65 billion and a gross margin of 12.6 percent.

Half-year revenue holds steady

According to MarkLines on September 4, 2026, SAIC Motor's H1 2026 revenue fell 0.3 percent year over year, while gross margin increased by 3 percentage points to 12.6 percent. That combination points to a sharper margin profile even as the top line remained broadly stable.

The second quarter was more demanding for earnings. Simply Wall St reports that Q2 2026 EPS fell to CNY 0.19 from CNY 0.26 in Q2 2025, while revenue was CNY 158.2 billion and net income declined 29 percent to CNY 2.13 billion.

Consensus stays at Hold

The analyst picture remains balanced rather than uniformly bullish. According to StockAnalysis, 13 analysts assign SAIC Motor an average rating of Hold and a 12-month target price of CNY 12.77, which is 17.37 percent above the September 30 price of CNY 10.88.

The target leaves the market focused on execution: H1 revenue was down 0.3 percent, but gross margin improved by 3 percentage points. This contrast makes the next earnings release important for judging whether margin gains can offset weaker quarterly earnings.

Q3 results set for October 30

Simply Wall St lists October 30, 2026 as SAIC Motor's scheduled date for reporting Q3 2026 results. That release will provide the next quantified test of revenue, profitability and the company's ability to convert improving gross margin into stronger net income.

SAIC Motor stock stays below yearly high

SAIC Motor stock was trading at CNY 10.88 on September 30, 2026 at 3:00 p.m. CST, with a session range of CNY 10.67 to CNY 10.95. Its 52-week range was CNY 9.44 to CNY 17.57, while market capitalization stood at CNY 125.1 billion and volume reached 40,668,374 shares.