Related Symbol
avatar

BYD earnings coming up at the end of March

BYD earnings coming up at the end of March

BYD reports their quarterly and full-year earnings at the end of March. The stock is down about 17% over the last year, but their underlying business has been growing. They officially passed Tesla to become the world's top-selling EV brand, hitting 4.6 million total sales last year. They exported over a million cars outside of China. Their European market share is still small at 4.8%, but that grew 271% year-over-year. On the tech side, they just announced a new battery that charges from 10% to 97% in nine minutes. They also make nearly 80% of their own components, which is double what Tesla does. This vertical integration really helps them control costs and protect margins. The stock is trading at a forward P/E of 17 and a PEG ratio of 0.78. There are definitely risks with tariffs and the competitive Chinese EV market, but the valuation looks reasonable heading into earnings.
post thumbnail
@MasonCarter10 21 hours ago

Hard to ignore the growth and valuation here, feels like a solid setup, but tariffs and global expansion will be the real test.

@AntonioMyers 1 day ago

i've been watching byd for a bit and their vertical integration is what stands out most to me. it's a huge advantage for keeping costs down while everyone else is struggling.