BYD (BYDDF) (HK:1211)
:1211
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BYD Co (1211) AI Stock Analysis

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HK:1211

BYD Co

(1211)

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Neutral 66 (OpenAI - 4o)
Rating:66Neutral
Price Target:
HK$105.00
▲(8.36% Upside)
BYD Co's overall stock score is driven primarily by its strong financial performance, which is offset by bearish technical indicators. The valuation is reasonable but not compelling, and the lack of earnings call data or notable corporate events leaves the financials and technicals as the primary influences on the score.
Positive Factors
Revenue Growth
The significant revenue growth indicates BYD's expanding market presence and successful product adoption, which supports long-term business sustainability.
European Market Expansion
The rapid growth in European sales reflects BYD's successful penetration into new markets, enhancing its global footprint and competitive positioning.
Profitability Improvements
Improved profitability margins demonstrate BYD's effective cost management and pricing strategy, which are crucial for sustaining long-term financial health.
Negative Factors
Negative Free Cash Flow
Negative free cash flow suggests challenges in capital expenditure management, which could impact BYD's ability to fund future growth initiatives without external financing.
Struggles in Japanese Market
Difficulty in penetrating the Japanese market highlights potential challenges in adapting to local consumer preferences, which could limit growth in this region.
High Liabilities
Elevated liabilities may strain BYD's financial flexibility and increase risk exposure, potentially affecting its ability to invest in growth opportunities.

BYD Co (1211) vs. iShares MSCI Hong Kong ETF (EWH)

BYD Co Business Overview & Revenue Model

Company DescriptionBYD 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 MoneyBYD generates revenue primarily through the sale of electric vehicles, including passenger cars, buses, and trucks. The company has established a robust revenue model that includes direct vehicle sales, leasing, and financing options for customers. Additionally, BYD profits from manufacturing lithium iron phosphate batteries, which are essential for its EVs and are also sold to other manufacturers. The company has formed strategic partnerships with various entities, including local governments and businesses, to promote electric public transport solutions, further enhancing its revenue streams. Furthermore, BYD invests in renewable energy projects and energy storage systems, contributing to its earnings through long-term contracts and service agreements.

BYD Co Financial Statement Overview

Summary
BYD Co's financial performance is marked by strong revenue growth and profitability improvements, supported by healthy margins. The balance sheet reflects sound capital and leverage management, though attention to liabilities is necessary. Cash flow analysis shows robust operating cash generation, but negative free cash flow suggests a need to optimize capital expenditures.
Income Statement
85
Very Positive
BYD Co has demonstrated strong revenue growth, moving from 424.06 billion to 822.52 billion in TTM. The gross profit margin in TTM is approximately 19.2%, indicating solid profitability. The net profit margin in TTM is 5.45%, showcasing improved profitability over the years. Revenue growth is robust, with a significant increase from the previous year, and the EBIT and EBITDA margins are healthy at 6.77% and 6.96%, respectively. These metrics reflect a strong financial performance with momentum in revenue and profit growth.
Balance Sheet
78
Positive
The company's balance sheet reveals a reasonable debt-to-equity ratio of 0.12, indicating prudent leverage management. The equity ratio is 27.76%, suggesting a stable capital structure. Return on equity (ROE) stands at 19.21%, reflecting efficient use of shareholder equity to generate profits. The company's financial stability is underpinned by healthy equity and asset management, although the high total liabilities relative to equity could pose future risks if not managed carefully.
Cash Flow
70
Positive
The operating cash flow is positive at 81.13 billion in TTM, but the free cash flow is negative at -18.83 billion, signaling potential issues with capital expenditure management. The operating cash flow to net income ratio is 1.81, indicating strong cash generation relative to net income. However, the free cash flow to net income ratio is negative, pointing to a need for better capital expenditure control. Overall, while cash generation is strong, the negative free cash flow warrants attention.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue847.26B777.10B602.32B424.06B216.14B156.60B
Gross Profit157.65B151.06B119.51B72.24B28.14B30.35B
EBITDA53.31B116.85B82.38B42.68B20.51B22.49B
Net Income42.13B40.25B30.04B16.62B3.05B6.01B
Balance Sheet
Total Assets846.34B783.36B679.55B493.86B295.78B201.02B
Cash, Cash Equivalents and Short-Term Investments147.43B143.25B118.66B72.10B56.06B14.45B
Total Debt30.61B30.24B39.15B15.36B22.41B41.04B
Total Liabilities601.59B584.67B529.09B372.47B191.54B136.56B
Stockholders Equity232.17B185.25B138.81B111.03B95.07B56.87B
Cash Flow
Free Cash Flow-21.64B36.09B47.63B43.38B28.12B33.62B
Operating Cash Flow109.01B133.45B169.73B140.84B65.47B45.39B
Investing Cash Flow-147.70B-129.08B-125.66B-120.60B-45.40B-14.44B
Financing Cash Flow51.75B-10.27B12.82B-19.49B16.06B-28.91B

BYD Co Technical Analysis

Technical Analysis Sentiment
Negative
Last Price96.90
Price Trends
50DMA
105.24
Negative
100DMA
111.89
Negative
200DMA
118.56
Negative
Market Momentum
MACD
-1.86
Negative
RSI
38.29
Neutral
STOCH
57.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1211, the sentiment is Negative. The current price of 96.9 is below the 20-day moving average (MA) of 101.09, below the 50-day MA of 105.24, and below the 200-day MA of 118.56, indicating a bearish trend. The MACD of -1.86 indicates Negative momentum. The RSI at 38.29 is Neutral, neither overbought nor oversold. The STOCH value of 57.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1211.

BYD Co Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
HK$174.04B9.6217.60%1.92%
73
Outperform
$187.42B10.8913.04%3.15%7.93%-12.94%
66
Neutral
$941.13B21.6819.95%1.44%22.94%10.25%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
60
Neutral
€156.95B18.9612.34%7.09%-21.36%
60
Neutral
HK$169.45B-36.42-9.03%86.21%51.50%
49
Neutral
HK$80.76B-121.11-4.91%139.96%86.04%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1211
BYD Co
96.90
8.35
9.42%
HK:0175
Geely Automobile Holdings
17.00
3.66
27.41%
HK:2333
Great Wall Motor Co
15.05
1.92
14.65%
HK:2015
Li Auto, Inc. Class A
73.20
-17.65
-19.43%
HK:9863
Zhejiang Leapmotor Technology Co., Ltd. Class H
52.25
22.10
73.30%
HK:9868
XPeng, Inc. Class A
85.95
34.00
65.45%

BYD Co Corporate Events

BYD Reports Strong NEV Sales Growth in October 2025
Nov 2, 2025

BYD Company Limited reported a significant increase in production and sales volumes for October 2025, with a notable year-on-year growth in battery electric vehicles. The company achieved a total sales volume of 441,706 units, marking a 13.88% increase from the previous year. The export volume of NEVs reached 83,904 units, and the installed capacity of NEV power batteries was approximately 27.362 GWh for the month. These figures underscore BYD’s strong positioning in the NEV market, reflecting its ongoing commitment to innovation and market expansion.

The most recent analyst rating on (HK:1211) stock is a Buy with a HK$130.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Reports Mixed Q3 2025 Financial Results
Oct 31, 2025

BYD Company Limited, a leading Chinese manufacturer in the electric vehicle and renewable energy sectors, has reported its financial results for the third quarter of 2025. The company is known for its innovation in battery technology and electric vehicles, positioning itself as a key player in the global transition to sustainable energy solutions.

BYD Proposes Amendments to Enhance Corporate Governance
Oct 30, 2025

BYD Company Limited has announced proposed amendments to its Articles of Association and relevant procedural rules. These changes are aimed at aligning with the latest regulatory requirements and enhancing corporate governance. The amendments reflect the company’s commitment to safeguarding the rights of its shareholders, employees, and creditors, potentially strengthening its operational framework and market position.

The most recent analyst rating on (HK:1211) stock is a Buy with a HK$130.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Strengthens Governance with New Audit Committee
Oct 30, 2025

BYD Company Limited has established an Audit Committee to enhance its corporate governance structure and ensure effective oversight of its financial and operational activities. The committee, composed of independent non-executive directors with accounting expertise, is tasked with reviewing financial information, supervising internal and external audits, and maintaining transparency in financial disclosures. This move is expected to strengthen BYD’s decision-making processes and accountability, potentially boosting stakeholder confidence and aligning with regulatory requirements.

The most recent analyst rating on (HK:1211) stock is a Buy with a HK$130.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Enhances Corporate Governance with New Nomination Committee Rules
Oct 30, 2025

BYD Company Limited has announced the implementation of new rules for its Nomination Committee, aimed at enhancing corporate governance and improving the nomination process for directors and senior officers. The committee will consist of at least three directors, with a majority being independent non-executive directors, and will be responsible for identifying qualified candidates to strengthen the company’s competitiveness. This move is expected to streamline the decision-making process and ensure a diverse and competent leadership team, potentially impacting the company’s strategic direction and stakeholder confidence.

The most recent analyst rating on (HK:1211) stock is a Buy with a HK$130.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Enhances Governance with New Remuneration Committee
Oct 30, 2025

BYD Company Limited has established a Remuneration Committee as part of its corporate governance structure to oversee the remuneration policies for directors and senior management. This move aims to enhance regulatory compliance, improve corporate governance, and ensure effective monitoring and incentive mechanisms, thereby potentially strengthening BYD’s industry positioning and stakeholder confidence.

The most recent analyst rating on (HK:1211) stock is a Buy with a HK$130.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Enhances Governance with New Remuneration Committee
Oct 30, 2025

BYD Company Limited has established a Remuneration Committee as part of its corporate governance structure to oversee the remuneration policies for directors and senior management. This move aims to enhance regulatory compliance, improve corporate governance, and ensure effective monitoring and incentive mechanisms, thereby potentially strengthening BYD’s industry positioning and stakeholder confidence.

The most recent analyst rating on (HK:1211) stock is a Buy with a HK$130.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Reports Decline in Q3 2025 Profits Amid Asset Growth
Oct 30, 2025

BYD Company Limited has reported a decline in its financial performance for the third quarter of 2025, with a 3.05% decrease in operating revenue and a significant drop of 32.60% in net profit attributable to shareholders compared to the same period last year. Despite these declines, the company saw a 15.14% increase in total assets and a 32.53% rise in total owners’ equity, indicating a strong asset base and shareholder equity growth.

The most recent analyst rating on (HK:1211) stock is a Buy with a HK$130.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Announces Board Meeting to Review Q3 Financial Results
Oct 15, 2025

BYD Company Limited has announced a board meeting scheduled for October 30, 2025, to review and approve the company’s unaudited third-quarter results for the period ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:1211) stock is a Hold with a HK$118.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Reports Strong Growth in September 2025 NEV Production and Sales
Oct 1, 2025

BYD Company Limited announced a significant increase in its production and sales volumes for September 2025, with a notable year-on-year growth in new energy vehicles. The company reported a total production volume of 405,554 units and sales volume of 396,270 units for the month, driven by a substantial rise in battery electric vehicle sales. The export volume of NEVs reached 71,256 units, and the installed capacity of NEV power batteries and energy storage batteries was approximately 23.200 GWh for September. These figures highlight BYD’s growing influence in the global NEV market and its commitment to expanding its production capabilities.

The most recent analyst rating on (HK:1211) stock is a Buy with a HK$121.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Reports Robust NEV Production and Sales Growth in August 2025
Sep 1, 2025

BYD Company Limited reported its production and sales volumes for August 2025, highlighting a significant year-on-year increase in both categories. The company produced 353,090 NEVs and sold 373,626 units, with notable growth in battery electric and plug-in hybrid vehicles. The export volume for NEVs reached 80,813 units, and the installed capacity for NEV power and energy storage batteries was approximately 23.175 GWh for the month. These figures underscore BYD’s strong market position and continued expansion in the NEV sector.

The most recent analyst rating on (HK:1211) stock is a Hold with a HK$105.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Reports Strong Growth in 2025 Interim Results
Aug 30, 2025

BYD Company Limited is a leading global player in the new energy vehicle sector, engaged in manufacturing automobiles, handset components, rechargeable batteries, and photovoltaic products, with a strong focus on technological innovation and sustainable development.

BYD Reports Strong Interim Results, Reinforces Leadership in New Energy Vehicles
Aug 29, 2025

BYD Company Limited announced its unaudited interim results for the first half of 2025, showcasing its continued leadership in the new energy vehicle sector. The company’s focus on technological innovation and sustainable energy solutions has reinforced its market position, contributing to the transformation of the global automobile industry and offering long-term growth prospects for stakeholders.

The most recent analyst rating on (HK:1211) stock is a Hold with a HK$126.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD Co. Announces Change in H Share Board Lot Size to Enhance Liquidity
Aug 29, 2025

BYD Company Limited has announced a change in the board lot size for its H Shares traded on the Hong Kong Stock Exchange, reducing the lot size from 500 to 100 shares effective September 19, 2025. This change aims to decrease the board lot value, potentially improving liquidity and broadening the shareholder base, without affecting shareholder rights.

The most recent analyst rating on (HK:1211) stock is a Hold with a HK$126.00 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

BYD to Review Interim Financial Results in Upcoming Board Meeting
Aug 8, 2025

BYD Company Limited has announced that its board of directors will convene on August 29, 2025, to review and approve the company’s interim results for the first half of the year ending June 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (HK:1211) stock is a Hold with a HK$91.66 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 05, 2025