SAIC MOTOR(SH:600104) Xin Lang Zheng Quan·2025-07-30 10:17Group 1 - The core viewpoint of the article highlights that 130 Chinese companies made it to the Fortune Global 500 list, but 68 of them saw a decline in their rankings, particularly in traditional manufacturing, automotive, and energy sectors [1] - SAIC Motor Corporation, which had been in the top 100 for 11 consecutive years, fell to the 138th position, a drop of 45 places from the previous year, losing its status as the leading Chinese automotive company [1] - In 2024, SAIC Motor reported a revenue of 627.59 billion yuan, a year-on-year decrease of 15.73%, and a net profit attributable to shareholders of 1.666 billion yuan, down 88% from the previous year [1] Group 2 - The company's net loss, after excluding non-recurring gains and losses, was 5.409 billion yuan, compared to a net profit of 10.045 billion yuan in the same period last year [1] - SAIC Motor's gross margin for 2024 was 11.02%, a decline of 0.36 percentage points year-on-year, with the gross margin for its vehicle business at only 3.86%, down 1.03 percentage points [1] - The total vehicle sales for SAIC Motor in 2024 were 4.013 million units, representing a year-on-year decrease of 20.07% [1]