- BYD recorded passenger vehicle sales of 509,440 units in December 2024.
- Of these, 207,734 units were battery electric vehicles.
- The remaining 301,706 units were plug-in hybrid electric vehicles.
- Total vehicle sales for December, including all types, reached 514,809 units.
- For the year to date in 2024, BYD achieved total vehicle sales of 4.27 million units.
- Market analysis indicates strong investor confidence in BYD, with 36 buy ratings, 3 hold ratings, and no sell ratings.
BYD on Smartkarma
Analyst coverage of BYD on Smartkarma showcases diverging perspectives on the company’s performance. Travis Lundy‘s bearish sentiment in the article “A/H Premium Tracker” highlights concerns over tightening premia pairs and escalating trade tensions impacting market dynamics. Meanwhile, Ming Lu‘s bullish take in “China Consumption Weekly” emphasizes BYD‘s impressive 68% year-over-year delivery growth in November 2024, signaling positive prospects for the New Energy Vehicle sector.
In another report, Eric Wen maintains a bullish outlook on BYD, citing solid earnings performance despite falling short of estimates. Wen’s analysis, “BYD Company Review,” underscores a potential profitability enhancement in the upcoming quarter following a decrease in promotional activities. Ming Lu‘s optimism in “BYD Quick Note” also suggests BYD‘s strategic move towards a price war in 2025 by demanding suppliers to reduce prices, indicating a competitive stance in the market.
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, a leading player in the automobile and battery manufacturing industry, continues to showcase a promising long-term outlook based on Smartkarma’s Smart Scores analysis. With a stellar Growth score of 5, BYD is positioned for significant expansion and development in the coming years. The company’s robust Resilience score of 4 underscores its ability to weather economic challenges and market volatility, providing investors with confidence in its stability. Additionally, a respectable Dividend score of 3 suggests BYD‘s capacity to offer potential returns to shareholders over time. Combining these factors, BYD appears well-equipped to navigate the future with confidence.
Furthermore, while BYD‘s Value and Momentum scores are slightly lower at 2 and 3 respectively, the strong emphasis on Growth and Resilience signals a strategic focus on innovation and sustainability within the company. BYD‘s diverse operations, which include not only automobile manufacturing but also cutting-edge battery technology for a range of electronic devices, position it as a dynamic player in the industry. Investors eyeing long-term prospects may find BYD a compelling choice given its positive outlook across key performance indicators.
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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