Get started
BYD Company Limited Class HBYD Company Limited Class HBYD Company Limited Class H

BYD Company Limited Class H

No trades
See on Supercharts
OverviewFinancialsNewsIdeasMindsForecastsSeasonalsETFs

Trade ideas

BYD COMPANY Daily TimefameSNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes. Start believing in this strategy because it will reward believers with huge profit. There is a lot more about this strategy. It can predict and also it can give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
HKEX:1211Short
by hadimozayan
BYD, China's Next Hardware GiantAccording to Wilson's report, the average price of BYD's vehicles has surpassed that of popular joint venture brand Volkswagen by about CNY 10,000. BYD is an automobile company that provides vehicles, EV batteries, semiconductors and electronics foundry services. We estimate its stock's value based on the sum-of-the-parts (SOTP) method. The company's EV and battery businesses account for most of the valuation. We consider BYD to be currently undervalued and expect a 22% upbeat. In 2020, the Chinese NEV market had a stellar performance – NIO, Xpeng and Li Auto all delivered considerable volumes of vehicles. Meanwhile, we spotlight BYD, a car maker once invested by Warren Buffett, as a best-in-class electric vehicle company. With its solid fundamentals, BYD is likely to become a major hardware conglomerate – much like Tencent or Alibaba in the consumer Internet sector. This article will examine the company's business segments, touch upon potential risks, and conduct an SOTP analysis to value its shares. Intro Wang Chuanfu incorporated BYD in 1995, inspired by the prospects of the Li-ion battery applications. Since then, he has led the company, building it into an agile manufacturing mammoth capable of starting new ventures and succeeding quickly across many fields. For one, BYD started to produce face masks in the first days of the COVID-19 outbreak and has now become the biggest mask producer worldwide. Its business segments remain the same though – those are internal combustion engine (ICE) vehicles, EVs, power batteries, auto semiconductors and electronics assembly services. Auto OEM BYD sells both ICE vehicles and EVs, primarily in China (but is getting more active abroad). In 2020, it sold 231,000 units of ICE cars, a year-on-year (YoY) increase of 3.8%. The parts sales accounted for a significant share of total revenue but remained less profitable. Now, BYD is full speed ahead to transform itself into an EV-based company. Because BYD didn't disclose its total ICE car sales revenue, we broke down its revenue streams and assumed the average selling price (ASP) was between CNY 100,000 to CNY 110,000. Therefore, ICE generated revenue of CNY 24 billion in 2020. We expect the ICE business will drop 10% in the next few years as the sales momentum will shift to EV. In 2022, the revenue will reach CNY 19.4 billion. With a 2x PS ratio based on Great Wall Motor and Geely Auto, the ICE business will be valued at CNY 38 billion. In the meantime, EV sales has become the most valuable business – last year, BYD sold 162,000 EVs, a YoY decrease of 12.5%. After upgrading the 'dynasty' EV series, BYD entered the middle-to-high-end market. The series adopts self-made 'blade batteries' to prevent EV from battery catching fire. The hit model 'Han,' a car somewhat similar to Tesla's Model 3 and Xpeng P7, sold 8,522 units in July, surpassing the sales volume of NIO and Xpeng. According to the 2020 financial report, BYD made CNY 24.4 billion in revenue from EV sales. We project the EV sales will increase by 100% (based on the fact that sales from January to July 2021 surpassed last year's figure) and by 25% in 2021 and 2022, respectively. We also assume the ASP will increase by 5% in 2021 and 2022 as more high-end models are delivered. For these two years, the revenue will hit CNY 51 billion and 67 billion. With a 10x 2022 PS ratio, the EV department is worth CNY 670 billion. Power battery sales is another core business for BYD alongside EVs. According to SNE research, BYD's installed capacity reached (link in Chinese) 7.8 GWh during the first half of 2021, ranking No.4 worldwide. This is 23% of CATL's installed capacity. Therefore, conservatively speaking, we estimate the market capitalization of BYD's battery division will be one-fifth of CATL's. Thus, the power battery business is worth CNY 240 billion, based on the fact that CATL's market cap had already reached CNY 1,200 billion as of August 9, 2021. BYD Semiconductors Semiconductor manufacturing is another important segment for BYD. It is set to be spun off from BYD to go public. It features auto semiconductors, which provide IGBT, smart control IC, sensors and optoelectronic semiconductors. BYD semiconductors can independently design, manufacture, package and test chips. It is the only company to achieve this in China. Based on our latest report, auto chips will be in high demand as more vehicles will be electrified in the future. As per BYD's 2020 report, the semiconductor business was valued at CNY 7.5 billion in May 2021. We believe the figure will triple while launching on the open market. It is estimated that BYD will deliver semiconductors worth up to CNY 20 billion. BYD Electronic Apart from providing high-end products, BYD also made CNY 60 billion toplines (38% of total 2020 revenue) from assembling smartphones, tablet computers and laptops. These products show low profitability similar to other electronics foundries like Hon Hai Precision. We refer to Hon Hai's 0.25x 2022 PS ratio and project 12% growth in the next two years. We calculated that BYD Electronic is valued at CNY 18 billion. To sum up, BYD is valued at CNY 988 billion. Even so, we think the estimation is a bit conservative as some assumptions aren't considered in it. BYD's EV will deploy more self-made batteries and chips, which will save a lot of costs for the company in the long term. What's more, rumors said BYD's battery had been tested by Tesla and would likely be equipped with Tesla's vehicles. This potential opportunity will significantly boost BYD's valuation in the battery division. Risks BYD's EV sales were affected by the industry's downslide in 2019 and 2020. Moreover, the EV market has been involved with intensified competition, as proved by the price slash of a few models and few companies leaving. BYD, with its comprehensive business mix, should have the means to face these challenges. Conclusion Viewed as part of the big picture, BYD is a company less profitable than some of its auto peers – one with a 2.6% net profit margin in 2020. We consider the company to have set margin improvement as a long-term goal, while also expanding in the EV battery and related battery segments. Although BYD just saw a market cap rally in the past few days, we believe it is still undervalued and has a 22% upbeat opportunity as of August 20, 2021.
OTC:BYDDFLong
by EqualOcean
EO500 Tracker: BYD Boosts Overseas Sales Amid COVID-19 PandemicCOVID-19 has severely affected global markets. As per the recent IMF report, the world's GDP declined by 3.5% in 2020, with a significant increase in unemployment, disposable income reduction and lowered productivity in secondary and tertiary industries. At the same time, this period of turbulence separated the wheat from the chaff, filtering out uncompetitive companies. Adjusting their businesses, many firms have responded with localization strategies, while others have seized opportunities in overseas markets to reinforce their global influence. Among the 45 largest (by market cap) publicly-traded EO500 companies, 16 firms saw their overseas revenues increasing in 2020. In this regard, BYD, Xiaomi and Tencent were among the best performers, with year-on-year growth of 203%, 34% and 103% respectively. Founded in 1995 and swiftly known as a pioneer in battery technology, BYD (01211:HK) expanded its footprint worldwide, with operations in over 50 countries and regions. It has a strong market presence, principally participating in the automobile business, offering traditional fuel-engine vehicles and new energy vehicles, rechargeable batteries, handset components and other related products. With the strongest performance in the international market amid the pandemic and global economic uncertainty, the company's overseas revenue rocketed from CNY 19.5 billion to CNY 59.1 billion, establishing a leading position in the global new energy vehicles sector. Such a massive growth was driven mainly by the combination of improved product quality and growing demand. With a patent portfolio covering lithium iron phosphate batteries, control technologies in bidirectional converters and high-power charging systems, BYD continues building its high-tech prowess. Besides the firm's technological advancements, cost advantage is speeding up the process as well. In recent years, BYD tried to localize its production worldwide, establishing manufacturing plants in numerous countries like the US, Brazil, France and Hungary. This long-term development strategy helps the company minimize costs and avoid tariffs, providing advanced after-sale services.
OTC:BYDDFLong
by EqualOcean
BYD Enters Europe with Delivering Tang EV in NorwayThe Shenzhen-based firm has imported a total of 100 units of the Tang EV to the Scandinavian nation. The Chinese EV-maker shipped the first 100 BYD Tang EVs from Shanghai to Norway about two months ago which was the company's first passenger car shipment to a European country. BYD plans to deliver as many as 1,500 units of the BYD Tang EV to dealers in Norway this year. The company has pre-sold 500 units in the country already. Along with its Scandinavian distributor RSA, the Chinese auto veteran has built up a network of 45 dealers. The subsidized price of the EV in China is CNY 279,500 to 314,800, while the car will be sold for about 600,000 Norwegian kroner in Norway which is about CNY 130,000 more expensive. In July this year, BYD's sales of new energy passenger cars soared by 262.7% year-on-year to reach 50,057 units, setting a new record for the firm's own monthly sales. It also marked a record high for China's monthly sales of new energy passenger cars.
OTC:BYDDF
by EqualOcean
BYD Sold 50,492 NEVs in July, Up 234% from a Year AgoBYD may supply its "blade battery" to Tesla in the second quarter of next year. BYD's new energy vehicle sales in July were 50,492 units, up 234 percent from a year ago and 22 percent from June. So far this year, BYD has sold 205,071 new energy vehicles, an increase of 170.62 percent over the same period last year, it said in an announcement. BYD sold 50,057 units of new energy passenger vehicles and 435 units of commercial vehicles in July. It sold 24,996 battery electric vehicles and 25,061 plug-in hybrid electric vehicles in July. Li Yunfei, general manager of BYD's passenger vehicle brand and public relations division, said in early June that the company's new energy vehicle sales will surpass Tesla China in June and is expected to become the global new energy vehicle champion within the year. BYD sold 41,366 new energy vehicles in June, up 192 percent from the same month last year and 26 percent from May. By comparison, according to the China Passenger Car Association, Tesla China's wholesale sales in June were 33,155 units, up about 122 percent year-over-year. This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
OTC:BYDDF
by EqualOcean
Warren Buffet Is Up 3,000% On This Electric Vehicle CompanyEveryone is always talking about Tesla and Nio in the electric vehicle space, but one of my favourite electric vehicle (and battery) companies is BYD. They are HUGE. Well worth having a bit of a Google around - especially YouTube for more information on them to see some of their cars and how they compare. You can find BYD directly on the HK exchange via HKEX:1211 or on the US exchange via OTC:BYDDF or OTC:BYDDY (no one I've found understands the difference between these two in terms of which is best to buy). The technical analysis dials below the chart you can find here: www.tradingview.com
HKEX:1211Long
by zAngus
BYD to Sell 1,500 Cars in Norway by End-2021BYD ( HKEX:1211 OR OTC:BYDDF OR OTC:BYDDY ) is quite probably my favourite Electric Car Company with the biggest future - even potentially greater than Tesla, but it is SO much more than that. It is a massive company that does everything from producing its own cars, buses, trucks, electric bicycles, forklifts and rechargeable batteries. Its profile suffers because it is a Hong Kong listed stock, and can only be purchased on the OTC markets in the US. You can buy either of OTC:BYDDF OR OTC:BYDDY Oh and did I mention Warren Buffet owns a bit under 9% of the company. One to watch.
HKEX:1211Long
by zAngus
2
BYD CompanyCan Trade under: BYDDY - Foreign OTC (Expect ADR Fees) BYDDF- Domestic OTC (Don't take this as law) Mission: Technological innovation for a better life During the daytime, solar farms capture the power of sunshine; at night, energy storage systems deliver power to families. Electric vehicles on the streets and SkyRail systems along green belts connect the city with zero emissions and zero pollution. We provide more possibilities for a better life. We see a new energy future approaching. This is the mission of BYD, and the green dream of all mankind. Recent News: 1. Alexander Dennis Limited (ADL) and BYD UK jointly announced today that ADL and BYD will commence the design and assembly of chassis for the BYD ADL partnership's electric single and double deck buses for the British market, ensuring completed vehicles are built in ADL's facilities in the UK. ADL is a subsidiary of leading independent global bus manufacturer NFI Group Inc. (NFI), while BYD is a global leader in batteries, energy management and electric mobility. 2. Bogotá, Colombia - BYD is proud to announce that it has exclusively won cumulative orders to supply 1,002-unit pure-electric buses to the capital of Colombia, Bogotá. This tender was open to all bus technologies, yet BYD won the trust and cooperation of its partners in the fiercely competitive bidding process thanks to its cutting-edge technologies, products and services. This is the largest order for pure-electric buses outside of China to date, which sets a new record in sales volume for the overseas pure-electric bus industry. 3. Hokkaido, Japan - On December 22, BYD and the three-time Japanese Series winners the Hokkaido Nippon-Ham Fighters (“Fighters”) jointly announced a strategic partnership agreement on transportation for the Hokkaido Ballpark F Village (“F Village”), which is slated to be opened in 2023. By 2023, F Village will also build a brand new baseball stadium known as "ES CON Field Hokkaido", which will also be the main training ground for the Hokkaido Nippon-Ham Fighters, a leading team in the Nippon Professional Baseball Pacific League. What do you think? Like, Follow, Agree, Disagree!
OTC:BYDDYLong
by Redimere_91
Eyeing up BYD againOne of my favourite stocks, BYD, has corrected quite sharply due to a pullback in China stocks due to stimulus ending - over 40% from the top. I believe we are forming at least an interim bottom and now's a good time to add to the position. BYD is a profitable electric car company with huge potential which is still valued far less than the likes of TESLA. It should continue to ride the EV wave as soon as the correction in Chinese stocks are finished. Unless of course, the wider market experiences a correction.
HKEX:1211Long
by idontknowwhat