Company Overview

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.

  • Name

    BYD Company Limited

  • CEO

  • Website

    www.byd.com

  • Sector

    Automobiles

  • Year Founded

    1995

Company Statistics

Profile

  • Market Cap

  • EV

  • Shares Out

  • Revenue

  • Employees

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

  • Net

  • FCF

Returns (5Yr Avg)

  • ROA

  • ROTA

  • ROE

  • ROCE

  • ROIC

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

  • Rev 5Yr

  • Rev 10Yr

  • Dil EPS 3Yr

  • Dil EPS 5Yr

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

  • EPS LT Growth Est

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

Bulls Say

  • BYD’s leadership in in-house battery and plug-in technology will differentiate its products from competitors and ensure the success of its future models, including both electric vehicles and PHEVs.

  • The company’s industry-leading DM-i plug-in technology, coupled with proprietary blade battery, enables the company to launch competitive NEV models.

  • Advancing battery technology and charging solutions will ease range anxiety on electric cars. Chinese consumers’ soaring demand for electric cars will benefit NEV carmakers such as BYD.

Bears Say

  • Rising competition will place heavy pricing pressure on automakers. As a mass-market brand, the company will need to offer aggressive promotions and discounts to consumers, which will weigh on its vehicle margin outlook.

  • BYD lags other NEV startups in the development of autonomous driving technology, which puts the company at a disadvantage as younger-generation car buyers value the vehicle tech experience.

  • Rising competition in China’s NEV market indicates legacy original equipment manufacturers will defend their market share with aggressive new model launches.

Source: Morningstar Analysis - Oct 31, 2025
SEHK:1211