SEHK:1211Auto
BYD (SEHK:1211) Profit Growth Returns As Overseas Revenue Leads, Is It Still Undervalued?
BYD (SEHK:1211) is back in focus after reporting its first quarterly profit increase in more than a year. The improvement was driven largely by rapidly expanding international sales and overseas revenue that now exceeds domestic China revenue.
Despite the strong overseas story, BYD's recent share price return has been weak, with the stock down 13.22% year to date and the latest close at HK$85.7. The 1 year total shareholder return has declined 17.60%. However, the 3 year total shareholder...