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 Vs Tesla: 1H 2024 Updates
BYD performed much better than Tesla yet the former trades at a discount to the latter. BYD's main markets are not in North America and the EU but...
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BYD (1211 HK): Revenue Up by 26% in 2Q24 Versus 4% in 1Q24, Buy
Total revenue increased by 26% in 2Q24, as sales volume grew strongly after March. We believe the tariff penalty from Europe is not a concern, as...
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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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