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BYD Co (1211) AI Stock Analysis
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BYD Co
(HKEX:1211)
The score is primarily held back by deteriorating recent financial quality (negative free cash flow and rising leverage) and weak technicals (below key moving averages with negative MACD). Solid multi-year growth and acceptable profitability provide support, but valuation is only neutral given a ~23.5 P/E and low dividend yield.
BYD Co (1211) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 79.68B
- Dividend Yield
- 0.60%
- Average Volume (3M)
- 18.25M
- Price to Earnings (P/E)
- 23.5
- Beta (1Y)
- 1.20
- Revenue Growth
- 0.29%
- EPS Growth
- -15.06%
- Country
- Hong Kong
- Employees
- 869,622
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Auto - Manufacturers
BYD Co Business Overview & Revenue Model
Company Description
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 Serv...
How the Company Makes Money
BYD primarily makes money by selling products and related services across several major business lines. (1) Automotive and related products: The largest revenue driver is the sale of vehicles, including battery electric and plug-in hybrid passenger c...
BYD Co Financial Statement Overview
Summary
Strong multi-year revenue growth and solid industry profitability are offset by clear recent weakening: growth slowed materially in 2025/TTM, margins compressed versus 2023–2024 peaks, leverage rose sharply (debt-to-equity up to ~0.81 TTM), and free cash flow turned meaningfully negative in 2025 and remained negative in TTM.
Income Statement
74PositiveBalance Sheet
63PositiveCash Flow
42Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 803.97B | 803.96B | 777.10B | 602.32B | 424.06B | 216.14B |
| Gross Profit | 146.32B | 142.66B | 148.16B | 109.67B | 71.41B | 27.44B |
| EBITDA | 100.38B | 120.88B | 112.25B | 76.52B | 40.78B | 20.23B |
| Net Income | 31.63B | 32.62B | 40.25B | 30.04B | 16.62B | 3.05B |
Balance Sheet | ||||||
| Total Assets | 948.45B | 883.73B | 783.36B | 679.55B | 493.86B | 295.78B |
| Cash, Cash Equivalents and Short-Term Investments | 71.69B | 129.96B | 143.25B | 118.66B | 72.10B | 56.06B |
| Total Debt | 201.48B | 119.12B | 30.24B | 39.15B | 15.36B | 22.41B |
| Total Liabilities | 686.87B | 625.19B | 584.67B | 529.09B | 372.47B | 191.54B |
| Stockholders Equity | 248.84B | 246.27B | 185.25B | 138.81B | 111.03B | 95.07B |
Cash Flow | ||||||
| Free Cash Flow | -56.44B | -97.67B | 36.09B | 47.63B | 43.38B | 28.12B |
| Operating Cash Flow | 73.28B | 59.14B | 133.45B | 169.73B | 140.84B | 65.47B |
| Investing Cash Flow | -139.60B | -197.46B | -129.08B | -125.66B | -120.60B | -45.40B |
| Financing Cash Flow | -19.91B | 104.61B | -10.27B | 12.82B | -19.49B | 16.06B |
BYD Co Technical Analysis
Price Trends
Market Momentum
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 68.25 is below the 20-day moving average (MA) of 72.26, below the 50-day MA of 79.30, and below the 200-day MA of 90.70, indicating a bearish trend. The MACD of -2.79 indicates Positive momentum. The RSI at 32.97 is Neutral, neither overbought nor oversold. The STOCH value of 27.12 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
HK:017570Outperform
HK:233357Neutral
HK:986853Neutral- HK:121151Neutral
HK:986650Neutral
HK:201538Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0175 | 70Outperform | HKD 150.15B | 7.63 | 17.21% | 3.61% | 27.19% | 3.59% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:2333 | 57Neutral | HKD 118.39B | 19.75 | 5.80% | 6.20% | 13.25% | -51.39% |
| HK:9868 | 53Neutral | HKD 68.22B | -18.76 | -10.72% | ― | 29.34% | 23.96% |
| HK:1211 | 51Neutral | HKD 719.87B | 23.53 | 13.09% | 0.60% | 0.29% | -15.06% |
| HK:9866 | 50Neutral | HKD 63.32B | -10.29 | -108.58% | ― | 70.16% | 82.65% |
| HK:2015 | 38Underperform | HKD 87.94B | -16.04 | -6.52% | ― | -24.50% | -159.09% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1211 | BYD (BYDDF) | 68.25 | -30.38 | -30.80% | |
| HK:0175 | Geely Automobile | 13.84 | -3.47 | -20.05% | |
| HK:2333 | Great Wall Motor Co Class H | 6.49 | -7.96 | -55.08% | |
| HK:2015 | Li Auto, Inc. Class A | 42.86 | -38.04 | -47.02% | |
| HK:9866 | NIO Inc. Class A | 25.26 | -31.64 | -55.61% | |
| HK:9868 | XPeng, Inc. Class A | 35.60 | -55.60 | -60.96% |
BYD Co Corporate Events
BYD Delivers Strong Q3 2026 Profit Growth Amid Flat Year-to-Date Revenue
BYD Company Limited reported third-quarter 2026 operating revenue of RMB 221.49 billion, up 13.59% year-on-year, with net profit attributable to shareholders rising 28.08% to RMB 10.02 billion. Net profit after deducting extraordinary items also grew...
BYD Sets Late-October Board Meeting to Approve Q3 2026 Results
BYD Company Limited has scheduled a board meeting for 29 October 2026 to review and approve its unaudited third-quarter results for the nine months ended 30 September 2026. The board will also consider the publication of these figures and transact an...
BYD’s September NEV Volumes Slip as BEVs and Exports Cushion Hybrid Weakness
BYD reported total new energy vehicle production of 463,864 units in September 2026, slightly down 2.32% year on year, with sales falling 3.94% to 463,561 units and year-to-date volumes also marginally lower versus 2025. Passenger NEVs declined, driv...
BYD Shareholders Approve Governance Changes and Board Re-elections at EGM
BYD Company Limited has announced that all resolutions proposed at its extraordinary general meeting held in Shenzhen on 29 September 2026 were duly passed by shareholders through poll voting. The approved items include amendments to the company̵...
BYD Appoints Veteran Executive Tang Mei as Staff Director to Ninth Board
BYD Company Limited has appointed long‑serving executive Ms. Tang Mei as the staff representative director on its ninth board of directors, following her election at an employees’ representative meeting in Shenzhen. Tang, currently deputy...
BYD Sets Out Board Composition and Key Committee Roles
BYD Company Limited has detailed the current composition of its board of directors, outlining the mix of executive, non‑executive, independent and staff representatives. Wang Chuan‑fu serves as both chairman and chief executive, supported...
BYD Sets EGM to Approve Governance Changes and New Asset Pool Business
BYD Company Limited, a major Chinese joint stock company listed in Hong Kong, operates in advanced manufacturing and new energy sectors, including electric vehicles and batteries. Its shares are traded on the Hong Kong Stock Exchange through HKD and...
BYD Calls September EGM to Overhaul Board and Amend Articles
BYD Company Limited has called an extraordinary general meeting for 29 September 2026 in Shenzhen to seek shareholder approval for amendments to its Articles of Association and a comprehensive refresh of its board of directors. The proposed changes s...
BYD August New Energy Vehicle Output and Sales Decline Despite Export Strength
BYD reported August 2026 production of 440,703 new energy vehicles, down 4.73% year on year, with sales of 440,293 units representing a 6.84% decline. Passenger vehicle volumes fell in both battery electric and plug-in hybrid segments, while commerci...
BYD Posts 2026 Interim Results as It Deepens Global Push in EVs, Batteries and Clean Transport
BYD Company Limited has released its unaudited interim results for the six months ended 30 June 2026, with the report now available on the Hong Kong Stock Exchange’s disclosure platform and the company’s own website. The board and audit c...
BYD moves to expand board and tighten governance rules
BYD Company Limited plans to revise its Articles of Association to expand the size of its board from six to nine directors and refine the role of its board secretary. The move is framed as part of efforts to align with Chinese company law and stock e...
BYD Sets Late-August Board Meeting to Approve 2026 Interim Results
BYD Company Limited has scheduled a meeting of its board of directors for 28 August 2026 to review and approve the firm’s interim results for the six months ended 30 June 2026 and to authorize their publication. The announcement signals that in...
BYD July NEV Volumes Decline Year-on-Year as Export Sales Surge
BYD reported July 2026 production of 420,249 new energy vehicles and sales of 419,211 units, with year-to-date figures showing declines of around 9%–10% compared with the same period in 2025. Passenger NEVs, particularly plug-in hybrids, drove...
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: Oct 31, 2026