BYD Company (BYDDY) AI Stock Analysis

• Market Cap: $152.65B
• Dividend Yield: 0.73%
• Average Volume (3M): 57.01K
• Price to Earnings (P/E): 26.2
• Beta (1Y): 0.55
• Revenue Growth: 27.15%
• EPS Growth: 32.74%
• Country: US
• Employees: 968,900
• Sector: Consumer Cyclical
• Sector Strength: 56
• Industry: Auto - Manufacturers
• EPS (TTM): 3.85
• Shares Outstanding: 613,900,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 57,011
• PEG Ratio: 0.80
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.16
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $44.93
• Price Target Upside: -55.35% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

BYD Company demonstrates strong financial performance with robust revenue growth, efficient cost management, and impressive profitability. The stock shows bullish technical indicators, trading above key moving averages, suggesting positive market sentiment. Although the valuation, with a P/E ratio of 25.071, is fair, the low dividend yield offers limited income potential. The combination of these factors results in a solid overall stock score.

BYD Company Business Overview & Revenue Model

Company Description

BYD Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of automobiles and related products in the People's Republic of China and internationally. It operates through three segments: Rechargeable Batteries and Photovoltaic Products; Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products. The company offers internal combustion, hybrid, and battery-electric passenger vehicles; buses, coaches, and taxis; logistics, construction, and sanitation vehicles; and vehicles for warehousing, port, airport, and mining operations. It also manufactures and sells lithium-ion and nickel batteries, photovoltaic products, and iron batteries primarily for mobile phones, electric tools, and other portable electronic instruments; mobile handset components, such as housings and electronic components; medical protection products; and automobiles, and auto-related molds and components, as well as provides assembly, and automobiles leasing and after sales services. In addition, it offers rail transit equipment; solar batteries and arrays; and urban rail transportation services. The company was founded in 1995 and is headquartered in Shenzhen, China.

How the Company Makes Money

BYD Company generates revenue through diverse avenues. The primary revenue stream comes from its automotive segment, particularly the sale of electric vehicles and hybrid cars, which has seen significant growth due to the global shift towards sustainable transportation. In addition, BYD earns from its rechargeable battery and photovoltaic business, providing energy storage solutions and solar energy systems. The electronics segment, which includes the production of mobile components and assembly services, also contributes to its earnings. Strategic partnerships and joint ventures, such as those with local governments and international automakers, play a significant role in expanding its market reach and enhancing revenue. Government incentives and subsidies for clean energy initiatives further bolster BYD's financial performance.

BYD Company Financial Statement Overview

Summary

BYD Company exhibits strong financial performance with robust growth in revenue and profitability, supported by a stable balance sheet with low leverage. The income statement shows solid operational performance, while the balance sheet indicates high financial stability due to low debt levels. However, the cash flow statement highlights concerns with negative free cash flow, which could pose challenges if not addressed.

Income Statement

BYD Company has demonstrated a robust revenue growth rate of 12.38% from 2023 to 2024 TTM, indicating strong business expansion. The gross profit margin stands at 20.26% and the net profit margin at 5.01% for the TTM, reflecting solid profitability. The EBIT margin is 5.45% and the EBITDA margin is 9.33%, both showing healthy operational performance. Overall, the income statement metrics suggest a strong financial performance with continued growth and profitability.

Balance Sheet

The balance sheet reveals a debt-to-equity ratio of 0.25, indicating a high reliance on equity financing, which is advantageous for financial stability. The return on equity (ROE) is 21.81%, showcasing effective utilization of equity to generate profits. The equity ratio is 20.34%, suggesting a balanced capital structure. Despite high total liabilities, the company maintains a strong equity position, enhancing its financial resilience.

Cash Flow

The cash flow statement shows a significant decline in free cash flow from 2023 to 2024 TTM, raising concerns about cash generation capabilities. The operating cash flow to net income ratio is 2.55, indicating strong cash generation relative to net income. However, the negative free cash flow in 2024 TTM suggests potential challenges in sustaining cash reserves without external financing.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
677.00B	602.32B	424.06B	216.14B	156.60B	127.74B
	Gross Profit
137.21B	119.51B	72.24B	28.14B	30.35B	20.81B
	EBIT
36.91B	38.10B	21.54B	4.63B	7.09B	2.31B
	EBITDA
63.18B	82.38B	42.68B	20.51B	22.49B	15.72B
	Net Income Common Stockholders
33.91B	30.04B	16.62B	3.05B	4.23B	1.61B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
13.05B	118.66B	72.10B	56.06B	14.45B	12.68B
	Total Assets
194.57B	679.55B	493.86B	295.78B	201.02B	195.64B
	Total Debt
59.20B	39.15B	21.83B	35.39B	52.28B	71.54B
	Net Debt
46.14B	-69.95B	-29.64B	-15.06B	37.84B	58.89B
	Total Liabilities
133.88B	529.09B	372.47B	191.54B	136.56B	133.04B
	Stockholders Equity
55.20B	138.81B	111.03B	95.07B	56.87B	56.76B
Cash Flow		Free Cash Flow
-4.25B	47.63B	43.38B	28.12B	33.62B	-5.89B
	Operating Cash Flow
86.40B	169.73B	140.84B	65.47B	45.39B	14.74B
	Investing Cash Flow
-118.26B	-125.66B	-120.60B	-45.40B	-14.44B	-20.88B
	Financing Cash Flow
599.46M	12.82B	-19.49B	16.06B	-28.91B	6.61B

BYD Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 100.63
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BYDDY, the sentiment is Positive. The current price of 100.63 is above the 20-day moving average (MA) of 95.55, above the 50-day MA of 96.20, and above the 200-day MA of 74.12, indicating a bullish trend. The MACD of 0.68 indicates Negative momentum. The RSI at 57.69 is Neutral, neither overbought nor oversold. The STOCH value of 99.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BYDDY.

BYD Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BYDDY	80 Outperform	$152.65B	26.17	26.07%	0.73%	27.15%	32.74%
TM	75 Outperform	$219.94B	6.82	14.59%	2.68%	-0.59%	7.56%
LI	75 Outperform	$23.44B	22.70	12.29%	―	15.50%	-32.48%
TSLA	72 Outperform	$765.43B	123.01	9.16%	―	1.03%	-53.71%
Sector *	60 Neutral	$6.78B	11.63	3.24%	4.20%	2.36%	-21.91%
XPEV	49 Neutral	$19.41B	―	-17.11%	―	32.32%	49.34%
NIO	45 Neutral	$8.16B	―	-142.49%	―	16.99%	12.99%