# SAIC MOTOR CORP LTD-A

Summary updated: 2026-10-02T10:10:51.312225Z
Canonical: https://finbar.com/research/companies/saic-motor-a

## Overview

SAIC Motor is a China-based automotive group whose business spans vehicle and auto-parts manufacturing, automotive finance, mobility services, and international operations. Its products and activities include complete vehicles and components, with its annual reporting grouping the main businesses into vehicles and parts and finance. [1](https://app.finbar.com/go?id=T15213127) In FY2025, the company reported RMB 656.24 billion in consolidated revenue and 179,797 employees across the parent company and major subsidiaries. [1](https://app.finbar.com/go?id=T15213127)[2](https://app.finbar.com/go?id=T15212836)

China is SAIC’s largest reported market: FY2025 revenue was RMB 504.14 billion in China and RMB 152.10 billion in other markets. The company says its products and services reach more than 170 countries and regions, supported by overseas manufacturing and assembly bases and a broad sales and service network. [3](https://app.finbar.com/go?id=T15212784)[4](https://www.saicmotor.com/english/company_profile/about_us/) SAIC describes its vision as providing “an exciting ride for a green and intelligent future.” [5](https://www.saicmotor.com/english/latest_news/saic_motor/55702.shtml)
[1](https://app.finbar.com/go?id=T15213127)[2](https://app.finbar.com/go?id=T15212836)[3](https://app.finbar.com/go?id=T15212784)[4](https://www.saicmotor.com/english/company_profile/about_us/)[5](https://www.saicmotor.com/english/latest_news/saic_motor/55702.shtml)

## Products & services

SAIC’s named products span passenger vehicles, electric vehicles, plug-in hybrids and commercial vehicles. Recent models include the Roewe D5X DMH plug-in hybrid, the MG ES5 electric SUV, the SAIC SHANGJIE H5 and the IM LS6. The D5X DMH is specified with a 1.5T hybrid system, a 21.4 kWh battery and a stated 135 km CLTC electric range; the MG ES5 is a rear-motor electric SUV offered with battery options rated for 425–525 km CLTC range. The SHANGJIE H5 is offered with 64.6 or 80 kWh batteries and up to 655 km CLTC range. The IM LS6 is available in electric and range-extender versions; the latter is specified with a 66 kWh battery, 800V fast charging and more than 450 km of stated CLTC electric range. [6](https://www.saicmotor.com/chinese/xwzx/xwk/2024/59716.shtml)[7](https://www.saicmotor.com/english/latest_news/mg/60158.shtml)[8](https://www.saicmotor.com/chinese/xwzx/mtbd/2025/62501.shtml)[9](https://www.saicmotor.com/chinese/xwzx/xwk/2025/62440.shtml) The company also describes SAIC MAXUS as focused on light commercial vehicles, including expansion in new-energy and overseas markets, and reported 1.643 million NEV sales for 2025. [10](https://app.finbar.com/go?id=P132622722)

SAIC’s service offerings include smart mobility, ride-hailing, short- and long-term vehicle rental, car sales, independent vehicle maintenance, intelligent logistics and manufacturing services. Its finance-related offerings include automotive and corporate finance, insurance, financial leasing, factoring and overseas finance. [11](https://www.saicmotor.com/english/latest_news/service.shtml)[12](https://www.saicmotor.com/english/latest_news/finance.shtml) In the 2025 annual report, vehicle-category revenue was RMB 410.2 billion and auto-parts revenue was RMB 203.0 billion; reported gross margins were 4.30% and 19.15%, respectively. [3](https://app.finbar.com/go?id=T15212784)
[10](https://app.finbar.com/go?id=P132622722)[3](https://app.finbar.com/go?id=T15212784)[3](https://app.finbar.com/go?id=T15212784)[3](https://app.finbar.com/go?id=T15212784)[3](https://app.finbar.com/go?id=T15212784)[6](https://www.saicmotor.com/chinese/xwzx/xwk/2024/59716.shtml)[7](https://www.saicmotor.com/english/latest_news/mg/60158.shtml)[8](https://www.saicmotor.com/chinese/xwzx/mtbd/2025/62501.shtml)[9](https://www.saicmotor.com/chinese/xwzx/xwk/2025/62440.shtml)[11](https://www.saicmotor.com/english/latest_news/service.shtml)[12](https://www.saicmotor.com/english/latest_news/finance.shtml)

## Geographic presence

SAIC MOTOR reported 2025 revenue of RMB 504.139 billion from China and RMB 152.105 billion from “Others,” out of RMB 656.244 billion total—approximately 76.8% and 23.2%, respectively. The “Others” category is not further broken down by country or region in the reported table. [3](https://app.finbar.com/go?id=T15212784)

In 2025, SAIC reported 1.071 million vehicle sales through exports and overseas markets. Its reported regional markets include Europe, Australia and New Zealand, the Middle East, Latin America and Southeast Asia; the company also cited operations or sales activity in Indonesia, Malaysia, Thailand, the UK and Australia. [13](https://app.finbar.com/go?id=P132622719)[14](https://app.finbar.com/go?id=P132622746)

The company describes an overseas footprint that includes R&D centers, production bases and service systems, and identifies manufacturing bases in Thailand, Indonesia, India and Pakistan. SAIC reports products and services in more than 170 countries and regions and over 3,000 overseas marketing and service outlets. [15](https://app.finbar.com/go?id=P132623390)[16](https://www.saicmotor.com/english/latest_news/saic_motor/61621.shtml)

SAIC reported 179,797 active-duty employees for 2025, but the cited report does not provide their geographic distribution. [2](https://app.finbar.com/go?id=T15212836)
[3](https://app.finbar.com/go?id=T15212784)[13](https://app.finbar.com/go?id=P132622719)[14](https://app.finbar.com/go?id=P132622746)[15](https://app.finbar.com/go?id=P132623390)[16](https://www.saicmotor.com/english/latest_news/saic_motor/61621.shtml)[2](https://app.finbar.com/go?id=T15212836)[16](https://www.saicmotor.com/english/latest_news/saic_motor/61621.shtml)

## Business segments

SAIC’s 2025 annual report identifies two reportable segments: Vehicles and parts, and Finance. Vehicles and parts covers vehicle and components activities; Finance includes automotive-finance services. Based on external-customer revenue, Vehicles and parts contributed RMB 644.665 billion, or approximately 98.2% of the two segments’ combined revenue, while Finance contributed RMB 11.578 billion, or approximately 1.8% [1](https://app.finbar.com/go?id=T15213127)[17](https://app.finbar.com/go?id=P132622758). The report also discloses segment net profit of RMB 11.417 billion for Vehicles and parts and RMB 6.158 billion for Finance, before a RMB 0.131 billion consolidation elimination [1](https://app.finbar.com/go?id=T15213127).

Separately, the report presents a product categorization—not the formal reportable-segment breakdown—of Vehicles (RMB 410.196 billion, approximately 62.5% of listed product-category revenue), Auto parts (RMB 203.020 billion, approximately 31.0%), Service and others (RMB 32.936 billion, approximately 5.0%), and Finance (RMB 10.092 billion, approximately 1.5%) [3](https://app.finbar.com/go?id=T15212784). These product-category figures should not be conflated with the formal segment revenues above.
[1](https://app.finbar.com/go?id=T15213127)[1](https://app.finbar.com/go?id=T15213127)[1](https://app.finbar.com/go?id=T15213127)[17](https://app.finbar.com/go?id=P132622758)[1](https://app.finbar.com/go?id=T15213127)[1](https://app.finbar.com/go?id=T15213127)[1](https://app.finbar.com/go?id=T15213127)[3](https://app.finbar.com/go?id=T15212784)[3](https://app.finbar.com/go?id=T15212784)[3](https://app.finbar.com/go?id=T15212784)[3](https://app.finbar.com/go?id=T15212784)

## Company history

SAIC Motor traces its industrial origins to 1955, when Shanghai established an automotive-parts manufacturer; in 1958, the city completed its first locally made Phoenix sedan. [18](https://www.saicmotor.com/english/history/c1.html) [19](https://www.saicmotor.com/english/history/d1.html) A major step in the company’s development came with the Shanghai Volkswagen joint venture, founded in 1985 after Santana assembly began in 1983. [20](https://www.saicmotor.com/english/history/f1.html)

In 1997, Shanghai Automotive Industry Corporation’s listed vehicle, now SAIC Motor Corporation Limited, debuted on the Shanghai Stock Exchange, while SAIC and General Motors established their Shanghai automotive joint venture. [21](https://english.sse.com.cn/markets/equities/list/overview/?COMPANY_CODE=600104%26STOCK_CODE=600104) [20](https://www.saicmotor.com/english/history/f1.html) SAIC-GM-Wuling was established in 2002. [22](https://www.saicmotor.com/english/history/h1.html) In 2005, SAIC acquired key Rover technology and intellectual property; it subsequently launched the Roewe brand, and its 2007 merger with Nanjing Automobile Group added MG assets and manufacturing operations. [23](https://www.saicmotor.com/english/history/m1.html) [22](https://www.saicmotor.com/english/history/h1.html)

SAIC’s later milestones included the Roewe E50 electric car’s market launch in 2012 and the establishment of its Thailand joint venture with Charoen Pokphand Group in 2013. [24](https://www.saicmotor.com/english/history/n1.html) [25](https://www.saicmotor.com/english/latest_news/saic_motor/58759.shtml) In 2016, SAIC and Alibaba introduced the Roewe RX5, which SAIC described as a mass-produced “Internet car”; in 2020, SAIC announced the formation of Zhiji Motor, now IM Motors. [26](https://www.saicmotor.com/english/latest_news/saic_motor/44018.shtml) [27](https://www.saicmotor.com/english/latest_news/saic_motor/54428.shtml)

## Sources

1. [SAIC MOTOR CORP LTD-A — Full financial report (2025 Y), p222](https://app.finbar.com/go?id=T15213127)
2. [SAIC MOTOR CORP LTD-A — Full financial report (2025 Y), p49](https://app.finbar.com/go?id=T15212836)
3. [SAIC MOTOR CORP LTD-A — Full financial report (2025 Y), p13](https://app.finbar.com/go?id=T15212784)
4. [www.saicmotor.com](https://www.saicmotor.com/english/company_profile/about_us/)
5. [www.saicmotor.com](https://www.saicmotor.com/english/latest_news/saic_motor/55702.shtml)
6. [www.saicmotor.com](https://www.saicmotor.com/chinese/xwzx/xwk/2024/59716.shtml)
7. [www.saicmotor.com](https://www.saicmotor.com/english/latest_news/mg/60158.shtml)
8. [www.saicmotor.com](https://www.saicmotor.com/chinese/xwzx/mtbd/2025/62501.shtml)
9. [www.saicmotor.com](https://www.saicmotor.com/chinese/xwzx/xwk/2025/62440.shtml)
10. [SAIC MOTOR CORP LTD-A — Full financial report (2025 Y), p9](https://app.finbar.com/go?id=P132622722)
11. [www.saicmotor.com](https://www.saicmotor.com/english/latest_news/service.shtml)
12. [www.saicmotor.com](https://www.saicmotor.com/english/latest_news/finance.shtml)
13. [SAIC MOTOR CORP LTD-A — Full financial report (2025 Y), p9](https://app.finbar.com/go?id=P132622719)
14. [SAIC MOTOR CORP LTD-A — Full financial report (2025 Y), p10](https://app.finbar.com/go?id=P132622746)
15. [SAIC MOTOR CORP LTD-A — Full financial report (2025 Y), p33](https://app.finbar.com/go?id=P132623390)
16. [www.saicmotor.com](https://www.saicmotor.com/english/latest_news/saic_motor/61621.shtml)
17. [SAIC MOTOR CORP LTD-A — Full financial report (2025 Y), p11](https://app.finbar.com/go?id=P132622758)
18. [www.saicmotor.com](https://www.saicmotor.com/english/history/c1.html)
19. [www.saicmotor.com](https://www.saicmotor.com/english/history/d1.html)
20. [www.saicmotor.com](https://www.saicmotor.com/english/history/f1.html)
21. [english.sse.com.cn](https://english.sse.com.cn/markets/equities/list/overview/?COMPANY_CODE=600104%26STOCK_CODE=600104)
22. [www.saicmotor.com](https://www.saicmotor.com/english/history/h1.html)
23. [www.saicmotor.com](https://www.saicmotor.com/english/history/m1.html)
24. [www.saicmotor.com](https://www.saicmotor.com/english/history/n1.html)
25. [www.saicmotor.com](https://www.saicmotor.com/english/latest_news/saic_motor/58759.shtml)
26. [www.saicmotor.com](https://www.saicmotor.com/english/latest_news/saic_motor/44018.shtml)
27. [www.saicmotor.com](https://www.saicmotor.com/english/latest_news/saic_motor/54428.shtml)

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