VWAPY - SAIC Motor Looks To Be A Good Buy Near The 5-Year Low

• SAIC Motor is the 7th ranked global automaker by revenue in 2020. SAIC is leading the move towards electric vehicles and using this advantage to expand overseas.
• The majority of SAIC's revenues come from passenger and commercial vehicle sales followed by auto parts sales. The vast majority of revenue comes from Chinese sales.
• Valuation looks very attractive on a 2022 PE of 7.8 and a dividend yield of 5.32%.
• Risks revolve around being state controlled, having low profit margins, and the transition from ICE to EV sales.

For further details see: