Robert Way Investment Thesis We remain cautious on BYD, despite its continued growth in topline and bottom line in 2Q and its resilient margin. This is because industry conditions have further deteriorated recently, with total auto sales declining yoy for two consecutive months. The above-industry growth of EVs won't sustain for long, as EV penetration surpassed 50% in July. BYD's high valuation of 21x 2024 PE has already priced in its industry leadership, and may face downward pressure once EV sales begin ...

文章核心观点 - 公司在2024年上半年的财务表现良好,营收和利润均有大幅增长 [12][14] - 公司的现金流情况有所下滑,主要是由于支付给供应商和员工的现金大幅增加 [14][15] - 公司的流动性状况有所改善,总借款有所下降 [17] - 公司在中国市场的地位稳固,并正积极拓展海外市场,但面临一些挑战,如欧盟可能对中国电动车加征关税 [17][24] 根据目录分别总结 公司财务表现 - 公司2024年上半年营收约421亿美元,同比增长17.9% [12] - 公司毛利和营业利润均有大幅增长,分别增长26.3%和26.1% [14] - 公司现金流情况有所下滑,经营活动现金流下降至19.85亿美元 [14][15] 公司经营情况 - 公司在中国市场的地位稳固,市场份额超过30% [20] - 公司正积极拓展海外市场,但面临一些挑战,如欧盟可能对中国电动车加征关税 [17][24] - 公司正在努力提高非汽车业务的收入占比,从20%提高到24% [12] 公司估值 - 公司目前估值较低,EV/EBITDA仅11倍,PEG仅0.44 [23] - 分析师预测公司未来3年EPS增长率超过15.6% [24] - 但分析师也预测公司未来PE或将下降至15倍左右 [24]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Leading Chinese automaker BYD's sales were boosted by strong demand for electric cars. Leading Chinese automaker BYD posted on Wednesday a 24.4 percent rise in net profit for the first half of 2024, boosted by continuing strong demand for electric cars in its home and overseas markets. The company posted a net profit of $1.91 bil ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores ...

Robert Way Thesis BYD (OTCPK:BYDDY) (OTCPK:BYDDF) is an automobile company with a competitive moat. Its superior technology, dominance of the lower-cost automobile segment in China, and benefits from its large scale make it a resilient and profitable company in the highly competitive industry. Its P/E ratio of 20 is not cheap out of context but reflects its historical and expected future growth from the EV adoption trend and BYD's diverse product lines with various levels of premium. I believe earnings will ...

For those looking to find strong Auto-Tires-Trucks stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Byd Co., Ltd. (BYDDY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question. Byd Co., Ltd. is a member of the Auto-Tires-Trucks sector. This group includes 107 individual stocks and currently holds a Zacks Sector Rank of #14. The ...

BYD (OTCMKTS: BYDDY), a leading player in the global EV market, has shown remarkable resilience despite broader economic challenges in both China and the global market. With a robust portfolio of electric vehicles (EVs) and hybrids, BYD has strategically expanded its international footprint, particularly in Western markets. As of July 2024, the company achieved a significant milestone by surpassing one million sales in a three-month period for the first time, underscoring strong demand and substantial marke ...

s-cphoto/iStock via Getty Images BYD Electronic (International) Company Limited (OTCPK:BYDIF) (OTCPK:BYDIY) [285:HK] stock continues to be rated as a Buy. BYDIF is a beneficiary of the growing demand for GenAI (Generative Artificial Intelligence) phones and AI servers. Also, the stock is attractively valued based on the Price-to-Earnings Growth or PEG metric. My prior write-up, published on February 12, 2024, reviewed BYD Electronic's preliminary Q4 2023 financial results and assessed its purchase of Jabil' ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...

The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Byd Co., Ltd. (BYDDY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.Byd Co., Ltd. is a member of our Auto-Tires-Trucks group, which includes 107 different companies and currently sits at #16 in the Zacks Sector Rank. The Zacks S ...