(BYD Annual Report, 2022) BYD experienced significant revenue growth in 2022, nearly doubling its revenue from approximately 216 billion RMB in 2021 to over 424 billion RMB. During the same period, its gross profit increased by approximately 156.59%, rising from 28 billion to 72 billion RMB. T...
BYD, backed by Warren Buffett’s Berkshire Hathaway for more than a decade, shattered quarterly record with net income of RMB7.31 billion (US$1.06 billion) in the quarter ended December 31, according to an annual report unveiled on Tuesday. The profit represents a year-over-year (YoY) increa...
Its net profits stood at 16.62 billion yuan (about 2.4 billion U.S. dollars), up 445.86 percent year on year, according to the company's annual report. Its revenue soared 96.2 percent to roughly 424 billion yuan last year. Sales of automobiles and auto products saw strong year-on-year gr...
In the same time span, BYD's gross profit zoomed up by around 68.53% year on year to roughly 121.757 billion yuan. Its gross profit margin climbed to 20.21% in 2023 from the 17.04% in 2022. The Group mainly attributed the year-on-year increases in its annual revenue, profit, and gross...
Based on the annual figure, BYD will report net income between RMB7.2 billion to RMB9.2 billion for the fourth quarter, down from the record high set in the previous quarter. The automaker surged net income 82.16% YoY to RMB10.41 billion in the quarter ended September 30, for the first ti...
In the same time span, BYD's gross profit zoomed up by around 68.53% year on year to roughly 121.757 billion yuan. Its gross profit margin climbed to 20.21% in 2023 from the 17.04% in 2022. The Group mainly attributed the year-on-year increases in its annual revenue, profit, and gross...
According to the annual report of BYD Electronics (00285.HK, 002594.SZ), based on fair value calculation, in the critical years of 2021 and 2022, BYD invested a total of 491 million yuan in non-listed companies (liquid financial assets), with expenditures of 336 million yuan in the previou...
Analysts gneratlly anticipated BYD would sell around 4 million vehicles in the year 2024, about 17.3% from last year. Looking forward this year, BYD expected at its annual report of 2023 that 2024 will witness the NEV industry in China remain stellar growth, sales top 100 million units and...
the CNY 10.954 billion ($1.534 billion) reported in the mid-year, it does establish a historic high for BYD. This achievement marks the first time they have exceeded the CNY 10 billion milestone within a single quarter, a feat they previously accomplished only on an annual basis in 2022. ...
s profit set the highest ever annual record,representing a profit range of RMB79.45 million and RMB84.93 million on a daily basis. However, the new record still fell short of the Wall Street expected RMB31.5 billion, and slowed down significantly compared with 2022, when BYD net profit had ...