- BYD is expected to report its fiscal year results possibly in March.
- Estimated net income for BYD is 38.71 billion yuan.
- Revenue for mobile handset components, assembly service, and other products is estimated at 159.54 billion yuan.
- The company is projected to have a gross margin of 20.4%.
- Research and development expenses are estimated at 49.13 billion yuan.
- The consensus among analysts includes 36 “buy” ratings, 3 “hold” ratings, and 1 “sell” rating.
- The average price target for BYD shares is HK$346.07, indicating a potential upside of 27.4% from the current price.
- A 5% share price movement is implied following the earnings release.
- BYD shares have risen 44.5% over the past year, compared to a 26.6% increase in the HSI Index.
BYD on Smartkarma
Analyst coverage of BYD on Smartkarma reveals both bullish and bearish sentiments. Ming Lu‘s report, “BYD (1211 HK): Vehicle Deliveries Up by 40% in 2024,” highlights a 51% YoY delivery growth in December and a positive outlook with a 39% upside potential, despite concerns about overseas expansion slowing due to a Brazil event. On the other hand, Travis Lundy‘s analysis, “A/H Premium Tracker (To 13 Dec 2024),” reflects bearish leanings as he notes narrowing AH premia and volatile market conditions influenced by geopolitical tensions and trade retaliations between China and other countries, making the future uncertain.
Ming Lu‘s optimistic take in “China Consumption Weekly (9 Dec 2024)” emphasizes BYD‘s significant delivery growth of 68% YoY in November, signaling a positive trend in the NEV industry. Conversely, Travis Lundy‘s analysis in “A/H Premium Tracker (To 6 Dec 2024)” notes falling AH premia but a cautious market sentiment due to geopolitical risks. Overall, the analyst coverage on Smartkarma provides a varied perspective on BYD‘s performance, ranging from growth opportunities to potential challenges in the global market landscape.
A look at BYD Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
BYD Company Limited shows a promising long-term outlook based on the Smartkarma Smart Scores. With a strong Growth score of 5, BYD is positioned for significant expansion and development in the future. This indicates potential for increasing market share and profitability in the automotive and battery industries.
Furthermore, the company demonstrates resilience with a score of 4, suggesting its ability to adapt and withstand challenges in the market. Combined with a moderate Dividend score of 3, investors may find BYD to be an attractive option for steady returns over the long term. While there is room for improvement in the Value and Momentum scores, BYD‘s overall outlook appears positive based on the Smartkarma Smart Scores.
Summary: BYD Company Limited is a company that manufactures and sells automobiles and batteries for various electronic devices. With high scores in Growth and Resilience, BYD shows strong potential for future expansion and the ability to withstand market challenges.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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