BYD Co. Ltd Stock
BYD Co. Ltd Stock
BYD Co., Ltd. is a Chinese listed company (Symbol BYDDF) primarily engaged in the manufacture and sale of automobiles, rechargeable batteries and related products. It also offers transportation and key components for hybrid electric vehicles. BYD has been recognized globally for its electric vehicle technology and has produced over 100,000 electric cars and buses for the Chinese domestic market, making it the world's largest manufacturer of electric vehicles. Additionally, the company has expanded globally with its products sold in over 50 countries and regions.
Pros and Cons of BYD Co. Ltd in the next few years
Pros
Cons
Performance of BYD Co. Ltd vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| BYD Co. Ltd | -2.480% | -1.185% | -3.913% | -6.258% | -2.890% | 27.148% | 276.205% |
| Guangzhou Automobile Group Co Ltd | -1.860% | 0.757% | -3.596% | -33.701% | -9.891% | -49.292% | - |
| Volkswagen AG ST | -0.570% | -2.431% | 1.996% | -7.138% | 19.574% | -49.821% | -15.641% |
| Ford Motor Co. | 0.840% | 5.020% | 1.154% | 12.463% | 8.138% | 21.625% | 41.858% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon an initial review of BYD's financials, it's evident that the company has displayed growth and a formidable financial position within the Automobiles & Auto Parts industry. As a leading player in electric vehicles and related technology, BYD has experienced consistent expansion in both revenue and assets over the past few years. Nonetheless, a thorough analysis of the company's financial statements reveals some potential areas of concern that warrant further investigation.
Revenue Growth: BYD's total revenue has shown substantial growth between 2020 and 2022, rising from CNY 156,597,691,000 to CNY 424,060,635,000. This spike in revenue highlights the company's strong market position and increasing demand for its products and services.
Increasing Total Assets: The company's total assets have grown considerably from EUR 201,017,321,000 in 2020 to CNY 493,860,646,000 in 2022, reflecting a well-balanced portfolio and successful investments. This growth might be attributed to increased intangible assets, higher inventory levels, and net receivables, pointing toward a robust financial foundation.
Comments
News
Why Li Auto Stock Is Tumbling Today
Extending a slide that saw shares of Li Auto (NASDAQ: LI) plunge more than 10% last week, the electric car stock is driving lower today as investors wrestle with news that the company is slashing
3 Key Stocks Helping to Drive the EV Race
Of the few significant trends driving investor—and Wall Street—interest today is the race for electric vehicle (E.V.) domination. Like technology stocks in their own race for artificial
Why Rivian Was the 1 EV Stock That Didn't Drop This Week
Electric vehicle stocks had a terrible week across the board as the price war that's been building around the world took another step in China. BYD (OTC: BYDDY) (OTC: BYDD.F) lowered prices for its