BYD (1211) Earnings: Year-To-Date Vehicle Sales Surge 49% with Strong Electric and Hybrid Growth

BYD on Smartkarma

Analyst coverage of BYD on Smartkarma reveals contrasting sentiments from top independent analysts. Ming Lu‘s bullish stance highlights BYD‘s impressive growth, with vehicle deliveries soaring by 68% in November 2024. Positive signals for the NEV industry are evident, projecting a 39% upside potential with a price target of HK$356 over the next twelve months.

In contrast, Travis Lundy‘s bearish view raises concerns about geopolitical tensions impacting market dynamics. Despite AH premia narrowing, uncertainties loom as China retaliates against trade measures. The next couple of years are forecasted to be challenging, with “interesting times” ahead amidst changing global economic landscapes.

A look at BYD Smart Scores

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 automobile manufacturer and battery producer, has been given a positive long-term outlook based on its Smartkarma Smart Scores. With favorable ratings in Growth and Resilience, scoring a 5 and 4 respectively, BYD is positioned for strong future expansion and has shown a capability to withstand economic challenges. While Value and Momentum scores slightly lower at 2 and 3, the overall positive outlook indicates a promising future for the company.

Specializing in automobiles and battery technologies for various electronic devices, BYD‘s impressive Growth score reflects its potential for expansion and development in the market. With a solid Resilience score, the company has displayed a capacity to navigate through industry fluctuations successfully, ensuring stability in the long run. Although Value and Momentum scores are moderate, the strong ratings in Growth and Resilience suggest a bright future ahead for BYD in the evolving automotive and technology sectors.

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