bullish

BYD

BYD (1211 HK): Low Growth in 1Q24, But March Sales and Homemade Batteries to Support a Strong Year

239 Views30 Apr 2024 00:36
BYD’s revenue growth is low. However, The recovery of sales volume in March suggests a strong year. We believe BYD will win the price war due to its homemade batteries.
What is covered in the Full Insight:
  • BYD's 1Q24 Revenue Growth
  • Sales Recovery in March
  • Price Advantage with Homemade Batteries
  • Estimated Revenue Growth for 2024 and 2025
  • Valuation and Future Projections
SUMMARY
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Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)
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