In the Rookie Year of the Horse, which was popular in the Red Packet, SAIC Group decided to send investors a big red envelope. 
SAIC Group released the 2013 annual report a few days ago. According to the annual report, last year, sales of SAIC Motors Co., Ltd. took the lead in surpassing 5 million steps among domestic large groups. The company sold 5.106 million domestically-made vehicles, which was a year-on-year increase of 13.7%. Among them, 3.961 million passenger cars, an increase of 20.1% year-on-year; 1.145 million commercial vehicles, a year-on-year decrease of 3.9%.
SAIC Group stated that the main reason for the slowdown in the sales growth of commercial vehicles of the company was that due to the overall shrinkage of market segments, the sales volume of the relatively small commercial vehicles in the company’s commercial vehicle sales structure decreased by 6% year-on-year. However, thanks to the good performance of the passenger car segment, SAIC Motor Group once again set a new record in operating revenue and net profit in 2013.
Last year, SAIC achieved a total operating income of 565.8 billion yuan, an increase of 17.64%, and a net profit of 35.58 billion yuan, an increase of 6.1% over the previous year. However, its net profit attributable to shareholders of the parent company increased substantially to 24.8 billion yuan. 19.53%; earnings per share of 2.25 yuan. SAIC Motor Corporation has also given its biggest dividend plan ever - a dividend of 12 yuan per share.
However, it should be pointed out that although SAIC has reached new highs in terms of sales volume, operating income and net profit, its net profit margin has shown a downward trend in the past three years. SAIC Motor’s operating profit from 2011 to 2013 The rates were 8.08%, 7.01%, and 6.32%, respectively.
Obviously, SAIC is also aware of this problem. For 2014, SAIC set a bigger goal. SAIC Group expects that the domestic auto market will continue to maintain a stable growth pattern in 2014, and the annual domestic auto sales will reach 23.85 million, an increase of more than 7% year-on-year.
On this basis, SAIC Group will strive to achieve annual sales of more than 5.6 million vehicles, with an estimated operating income of 609 billion yuan and operating costs of 535.1 billion yuan. This means that its operating profit will reach 73.9 billion yuan, which will increase by 83.9% from the 40.18 billion yuan this year. The substantial increase in operating profit means that the SAIC Group's net profit will also be greatly improved.