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BYD COMPANY LTD (BYDDY)

被低估
Consumer CyclicalAuto ManufacturersChina

基本面

58

价格

$75.60

市值

$703.39B

第一部分 · 这家公司值多少

概览

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. It operates in two segments, Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products. The Mobile Handset Components, Assembly Service and Other Products segment manufactures and sells mobile handset components, such as housings and electronic components, and provides assembly services. Its Automobiles and Related Products and Other Products segment is involved in the manufacturing and sale of automobiles, and auto-related molds and components; provision of automobile leasing and after sales services, automobile power batteries, lithium-ion batteries, photovoltaic, and iron battery products; and rail transport and related business. The company develops urban rail transportation business. BYD Company Limited was founded in 1994 and is headquartered in Shenzhen, China.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月18日 with claude-haiku-4-5 — shared with all users

P/E: 328.5Score: 49Market cap: $1.49T

Tesla and BYD contend for the title of largest electric-vehicle maker in the world and sell competing models to the same buyers in China, Europe, Latin America and Southeast Asia.

Geely Automobile Holdings Limited (吉利汽车控股有限公司)0175.HK

Geely is the closest rival to BYD in China's new-energy vehicle market, second with a 12.2% share in 2025, selling plug-in hybrids and battery-electric cars in the same mass-market price brackets through its Geely, Galaxy and Zeekr brands.

Chongqing Changan Automobile Company Limited (重庆长安汽车股份有限公司)Not tracked

Changan was the third-largest seller of new-energy vehicles in China in 2025 with a 6.2% share, targeting the same value-conscious domestic buyers with its Deepal, Avatr and Qiyuan lines.

SAIC Motor Corporation Limited (上海汽车集团股份有限公司)Not tracked

SAIC competes with BYD both in China's entry-level electric segment through SAIC-GM-Wuling and abroad, where its MG brand sells in the same European and Latin American markets BYD is expanding into.

Chery Automobile Co., Ltd. (奇瑞汽车股份有限公司)Not tracked

Chery held 4.1% of China's new-energy vehicle market in 2025 and is BYD's main rival for exports, selling to the same emerging-market customers in Latin America, the Middle East and Southeast Asia.

资产负债表与流动性

营收

$316.67B

截至最近已公布季度的最近12个月 — 根据每股指标估算

净利润

$11.27B

截至最近已公布季度的最近12个月 — 根据每股指标估算

自由现金流

$-96.30B

股东权益合计

$114.00B

负债合计

$125.90B

流动比率

0.87

利息覆盖率

-

债务/EBITDA

1.07

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

周期性被低估

公允价值

$113.50

当前价格

$75.60

安全边际

+33.4%

公允价值区间

$88.38 - $138.63

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$125.35
现金流折现法(DCF):不适用于此类公司
市盈率法(P/E):$60.21
格雷厄姆成长公式:不适用于此类公司
盈利能力价值(EPV):$36.68
合理市净率(P/B):不适用于此类公司
股息折现模型(戈登模型):不适用于此类公司
P/FFO(运营资金):不适用于此类公司
周期中段收益:数据不足,无法计算
市销率法(P/S):不适用于此类公司
分析师共识:强力买入 (29B / 3H / 0S)
最近财报超预期:+38.45%

估值指标

市盈率(P/E)

24.71

ROE

11.6%

市净率(P/B)

2.80

P/FCF

-

毛利率

15.9%

ROIC

18.6%

盈利能力雷达图

价值创造(经济护城河)

ROIC

18.6%

WACC

6.8%

ROIC − WACC

+11.8 pp

ROIC 超过资本成本:公司正在为股东创造价值。

基本面分析标准

通过(11)

  • Price CAGR 18.91%
  • ROIC 18.5%
  • P/B Ratio 2.80
  • Debt/Equity ratio
  • Current Ratio
  • Debt/EBITDA
  • ROE 13.6%
  • Revenue Growth 5Y 38.7%
  • Analyst Consensus 91% Buy
  • PEG Ratio 0.52
  • Earnings Quality (OCF/NI) 1.98

未通过(8)

  • Gross Margin 15.9%
  • Operating Margin 4.3%
  • Positive Free Cash Flow
  • Price below Graham Number
  • DCF valuation (Unknown)
  • Earnings Surprise avg -21.6%
  • Net Margin Trend 4.1% vs 5.2%
  • Piotroski F-Score 2/9

不可用(8)

  • EPS data insufficient
  • P/FCF NaN
  • Dividend Payout NaN%
  • CapEx intensity
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Share Dilution (missing shares data)

Piotroski F-评分

2/9

存在严重财务隐患

score
criteria

盈利质量

1.98

高质量:盈利有现金流支撑

股权稀释

-

正在回购股份,对股东友好

机构持股

公司治理

管理团队

姓名职位年龄
Mr. Chuan-Fu WangExecutive Chairman, President & CEO59
Ms. Ya-Lin ZhouSenior VP & CFO48
Mr. Qian LiSecretary to the Board, Company Secretary & GM of Investment Department52
Ms. Ke LiExecutive Vice President55
Mr. Long HeExecutive Vice President53
Mr. Hong-Bin LuoSenior Vice President & GM of Division 1459
Mr. Dong-Sheng YangSenior Vice President46
Mr. Zhi-Qi HeExecutive VP & COO of Passenger Car Division53
Mr. Huan-Ming LiuVP & GM of the Audit Inspection Division62
Mr. Chuanfang WangVP & GM Logistics Division64

审计风险

6

董事会风险

6

薪酬风险

5

股东权利风险

5

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

Latest News

Recent headlines for BYDDY, sourced from Markets Gazette.

  • 8/28/2026POSITIVE
    BYD, l'export spinge la ripresa: utili +30%

    Chinese electric vehicle giant BYD Company Limited has reported a 30% surge in profits, marking a significant recovery after five consecutive quarters of decline. The growth is primarily attributed to strong export sales, which have helped offset the ongoing price war impacting the domestic Chinese market. This performance indicates BYD's successful international expansion strategy and its ability to navigate competitive domestic pressures. Investors may see this as a sign of resilience and potential for continued global market share gains.

  • 8/27/2026POSITIVE
    BYD’s $20 Billion Stock Comeback May Extend on Export Success

    BYD Co. has experienced a significant stock rally, adding approximately $20 billion to its market capitalization in just two months. This surge is largely attributed to growing export success, which is poised to be a key driver for continued strength. Despite facing geopolitical headwinds, BYD's ability to expand its international presence suggests robust demand for its products and a strong competitive position. Investors are watching closely to see if this overseas momentum can sustain the company's impressive comeback and further boost its valuation.

  • 8/27/2026NEUTRAL
    BYD Needs EV Success Overseas to Sustain $20 Billion Stock Rally

    BYD Co. has experienced a significant stock rally, adding approximately $20 billion to its market capitalization in roughly two months. However, the company now faces a critical juncture as it must prove its ability to achieve substantial success in international markets. This overseas expansion is crucial for sustaining the recent stock performance, especially in the face of ongoing geopolitical challenges and trade tensions that could impact global sales and profitability. Investors are closely watching BYD's ability to navigate these complexities and secure a stronger global footprint beyond its domestic market.

  • 6/18/2026POSITIVE
    The Long Game Behind China’s European EV Push

    Chinese EV manufacturer BYD is making significant strategic investments in Europe, countering perceptions of mere capacity dumping. The company is establishing a 3,000-station flash charging network to bolster EV adoption across the continent. This move, alongside investments from Chery, SAIC, and others in European manufacturing facilities, signals a long-term commitment to the region. BYD's integrated battery production capabilities further strengthen its competitive position. For investors, this indicates a proactive strategy to capture market share and build a robust European presence, potentially leading to sustained growth and increased brand value.

  • 6/17/2026POSITIVE
    BYD Takes On Luxury EV Rivals in China With More Affordable SUV

    BYD Co. has unveiled its largest electric vehicle to date, the Yangwang U8, a premium SUV designed to compete with luxury brands in the Chinese market. This move signals BYD's ambition to capture a larger share of the high-end EV segment, traditionally dominated by foreign automakers. The strategy involves offering a more affordable alternative to established luxury SUVs, potentially attracting a new customer base. Investors will monitor sales figures and market reception closely as BYD expands its product portfolio beyond its core mass-market offerings, aiming to enhance brand perception and profitability.

  • 6/15/2026POSITIVE
    BYD wants to become the world’s largest automaker in five years. Stella Li is the executive selling that vision to the world

    BYD Company Limited, under the leadership of Stella Li, has rapidly ascended to become the world's largest electric vehicle (EV) manufacturer. The company is aggressively pursuing a five-year plan to become the global leader in overall automotive production. Li's strategic expansion into key international markets, including Europe, Asia, and Latin America, underscores BYD's ambitious growth trajectory. This vision, coupled with its current dominance in the EV sector, positions BYD for significant future market share gains and potential outperformance for investors.

  • 6/5/2026POSITIVE
    BYD Leads China's Global EV Push As Overseas Demand Accelerates

    BYD Company is spearheading China's global electric vehicle (EV) expansion, with overseas demand accelerating significantly. Alongside Chery, BYD is aggressively increasing international sales, capitalizing on a global surge in EV interest and a more subdued domestic market. This strategic push into foreign markets indicates strong growth potential and diversification for the company. Investors may see this as a positive sign for future revenue streams and market share expansion, potentially leading to increased profitability and stock valuation.

  • 5/13/2026NEUTRAL
    BYD in Talks With Stellantis and Others About Taking Europe Plants

    BYD Co. is reportedly in discussions with Stellantis NV and other European automotive manufacturers regarding the potential acquisition of underutilized production facilities within the region. This strategic move by the Chinese electric vehicle giant could signify an expansion into the European market, leveraging existing infrastructure rather than building new plants. The outcome of these negotiations will be closely watched by investors for implications on BYD's global manufacturing footprint and its competitive positioning against established European automakers.

  • 5/11/2026POSITIVE
    BYD Sees Annual Sales Rise Despite Tepid Market, Says JPMorgan

    BYD Co. is poised for an annual sales increase, according to JPMorgan Chase & Co., driven by a more positive domestic market outlook and a robust global expansion strategy. This growth is set to occur despite a general slowdown in the electric vehicle market, indicating BYD's strong competitive positioning and effective market penetration. Investors may view this as a signal of resilience and potential market share gains, suggesting that BYD is well-equipped to navigate industry headwinds and capitalize on emerging opportunities.

via Markets Gazette