BYD Electronic Profit Slumps on FX Losses Despite Modest Revenue Growth

BYD Electronic (International) Co ( (HK:0285) ) has issued an update.

BYD Electronic reported unaudited first-quarter 2026 revenue of RMB38.18 billion, up 3.5% year on year, but gross profit fell 14.4% to RMB1.99 billion and profit attributable to shareholders plunged 95.5% to RMB27.83 million, with earnings per share dropping to RMB0.01. Management attributed the sharp profit decline primarily to foreign-exchange losses from currency fluctuations and to changes in product mix that compressed margins, while the balance sheet remained broadly stable, prompting the board to caution investors to be prudent when trading the company’s shares.

Total assets slipped 4.6% from year-end 2025 to RMB79.79 billion, while total liabilities fell 7.8% to RMB45.34 billion, leaving net assets essentially flat at about RMB34.45 billion, underscoring that the profit hit stems more from short-term financial effects than from balance-sheet stress. The unaudited figures, drawn from internal records and reviewed by the audit committee, highlight execution and market risks around currency exposure and product strategy that stakeholders will watch closely in coming quarters.

The most recent analyst rating on (HK:0285) stock is a Buy with a HK$34.30 price target. To see the full list of analyst forecasts on BYD Electronic (International) Co stock, see the HK:0285 Stock Forecast page.

More about BYD Electronic (International) Co

BYD Electronic (International) Company Limited is a Hong Kong–incorporated manufacturer in the electronics sector, operating through a group structure focused on producing electronic components and related products. The company serves global OEM customers, leveraging large-scale manufacturing capabilities and positioning itself as a key supplier within the broader consumer and industrial electronics value chain.

Average Trading Volume: 10,819,373

Technical Sentiment Signal: Hold

Current Market Cap: HK$60.7B

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