[BYD Company (1211 HK, BUY, TP HK$372) Review]: Great Earnings Linearity Stays the Same This Quarter
BYD's recent financial results fell short of estimates, but decreased promotional activities in October suggest improved profitability in the next...
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BYD (1211 HK): 3Q24, Revenue up by 24% Due to Sales Volume Acceleration
Revenue increased by 24% YoY in 3Q24 due to the acceleration of sales volume. The operating margin declined YoY due to historical high marketing...
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BYD (1211 HK) Quick Note: Company and Industry Sales Up by 46% YoY and 51% YoY
BYD’s deliveries growth accelerated Aug and Sep. The whole domestic NEV market has been accelerating for all three months in Q3. We conclude the...
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Major Chinese EV-Makers Have Record Month for Sales
China’s key electric-vehicle (EV) makers set monthly delivery records in September as government subsidies and price cuts gave sales in the...
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BYD (1211 HK) 2023 Earnings Preview: Strong Top Line and Bottom Line
We believe revenue will grow by 44% in 2023 according to the sales volume and the price trend. We also believe net profit will increase by 100%,...
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