BYD Company (BYDDY) AI Stock Analysis

• Market Cap: $122.64B
• Dividend Yield: 1.1%
• Average Volume (3M): 583.53K
• Price to Earnings (P/E): 66.5
• Beta (1Y): 0.49
• Revenue Growth: 34.45%
• EPS Growth: 46.15%
• Country: US
• Employees: 968,900
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Auto - Manufacturers
• EPS (TTM): 0.85
• Shares Outstanding: 613,900,000
• 10 Day Avg. Volume: 477,948
• 30 Day Avg. Volume: 583,526
• PEG Ratio: 0.07
• Price to Book (P/B): 4.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 11.37
• 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: -53.06% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 59 Neutral
• Price Target: $100.00 ▲(4.47%Upside)

BYD's stock is moderately rated due to strong financial performance, which is slightly offset by bearish technical indicators and a high valuation. The company's robust revenue growth and solid balance sheet are positives, but challenges in cash flow conversion and expensive valuation metrics temper the outlook.

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 shows strong financial performance with consistent revenue growth and profitability. The balance sheet reflects a solid financial position with low leverage and effective equity management. However, the cash flow statement indicates potential areas for improvement in converting earnings to cash, primarily due to high capital expenditures impacting free cash flow.

Income Statement

BYD Company demonstrates strong revenue growth with a Revenue Growth Rate of 5.44% in TTM, following consistent growth over the previous years. The Gross Profit Margin is healthy at 18.89%, and the Net Profit Margin stands at 5.47%, indicating profitability. EBIT and EBITDA Margins are 6.37% and 7.13% respectively, showcasing efficient operations.

Balance Sheet

The company's Balance Sheet is stable with a Debt-to-Equity Ratio of 0.12, indicating low leverage. The Return on Equity is robust at 19.21%, reflecting effective management. The Equity Ratio is 27.76%, showing a strong capital structure, although there is room for improving equity levels relative to total assets.

Cash Flow

Cash flow analysis reveals a decline in Free Cash Flow, primarily due to high capital expenditures. The Operating Cash Flow to Net Income Ratio is 0.09, which is modest, suggesting that operational cash generation could be stronger. The Free Cash Flow to Net Income Ratio indicates challenges in converting profits to free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	819.37B	777.10B	602.32B	424.06B	216.14B	156.60B
Gross Profit	154.75B	151.06B	119.51B	72.24B	28.14B	30.35B
EBITDA	58.42B	116.85B	82.38B	42.68B	20.51B	22.49B
Net Income	44.84B	40.25B	30.04B	16.62B	3.05B	4.23B
Balance Sheet
Total Assets	840.53B	783.36B	679.55B	493.86B	295.78B	201.02B
Cash, Cash Equivalents and Short-Term Investments	153.39B	143.25B	118.66B	72.10B	56.06B	14.45B
Total Debt	29.13B	30.24B	39.15B	21.83B	35.39B	52.28B
Total Liabilities	594.37B	584.67B	529.09B	372.47B	191.54B	136.56B
Stockholders Equity	233.36B	185.25B	138.81B	111.03B	95.07B	56.87B
Cash Flow
Free Cash Flow	-18.59B	36.09B	47.63B	43.38B	28.12B	33.62B
Operating Cash Flow	4.19B	133.45B	169.73B	140.84B	65.47B	45.39B
Investing Cash Flow	-134.79B	-129.08B	-125.66B	-120.60B	-45.40B	-14.44B
Financing Cash Flow	32.92B	-10.27B	12.82B	-19.49B	16.06B	-28.91B

BYD Company Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 95.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BYDDY, the sentiment is Negative. The current price of 95.72 is below the 20-day moving average (MA) of 100.69, below the 50-day MA of 101.39, and above the 200-day MA of 82.98, indicating a neutral trend. The MACD of -1.51 indicates Positive momentum. The RSI at 41.92 is Neutral, neither overbought nor oversold. The STOCH value of 21.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BYDDY.

BYD Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LI	75 Outperform	$28.24B	26.02	12.22%	―	10.28%	-29.75%
TSLA	74 Outperform	$1.04T	177.98	9.16%	―	1.03%	-53.71%
TM	70 Outperform	$227.99B	7.45	13.36%	3.50%	1.06%	-7.05%
Sector *	67 Neutral	¥253.98B	13.04	6.57%	2.83%	5.07%	-11.36%
BYDDY	59 Neutral	$122.64B	66.55	23.91%	1.10%	34.45%	46.15%
XPEV	43 Neutral	$17.41B	―	-15.52%	―	50.45%	49.81%
NIO	41 Neutral	$7.05B	―	-240.42%	―	23.39%	3.93%