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Market Cap

HK$509.7b

Last Updated

2021/05/18 12:55 UTC

Data Sources

Company Financials +

Executive Summary

BYD Company Limited, together with its subsidiaries, primarily engages in the research, development, manufacture, and sale of automobiles and related products worldwide. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has BYD's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1211 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 1211's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

6.5%

1211

0.8%

HK Auto

-1.3%

HK Market


1 Year Return

234.7%

1211

109.9%

HK Auto

24.5%

HK Market

Return vs Industry: 1211 exceeded the Hong Kong Auto industry which returned 109.9% over the past year.

Return vs Market: 1211 exceeded the Hong Kong Market which returned 24.5% over the past year.


Shareholder returns

1211IndustryMarket
7 Day6.5%0.8%-1.3%
30 Day-14.1%-13.8%-2.4%
90 Day-43.0%-35.2%-8.6%
1 Year235.1%234.7%116.7%109.9%29.2%24.5%
3 Year187.1%184.4%46.8%33.3%0.9%-9.6%
5 Year260.2%252.3%156.6%123.4%59.3%32.4%

Long-Term Price Volatility Vs. Market

How volatile is BYD's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BYD undervalued compared to its fair value and its price relative to the market?

82.34x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1211 (HK$151.3) is trading above our estimate of fair value (HK$61.86)

Significantly Below Fair Value: 1211 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1211 is poor value based on its PE Ratio (82.3x) compared to the Hong Kong Auto industry average (12x).

PE vs Market: 1211 is poor value based on its PE Ratio (82.3x) compared to the Hong Kong market (11.6x).


Price to Earnings Growth Ratio

PEG Ratio: 1211 is poor value based on its PEG Ratio (3.1x)


Price to Book Ratio

PB vs Industry: 1211 is overvalued based on its PB Ratio (4.4x) compared to the HK Auto industry average (0.7x).


Future Growth

How is BYD forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

26.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1211's forecast earnings growth (26.2% per year) is above the savings rate (1.5%).

Earnings vs Market: 1211's earnings (26.2% per year) are forecast to grow faster than the Hong Kong market (16.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1211's revenue (15.3% per year) is forecast to grow faster than the Hong Kong market (12.4% per year).

High Growth Revenue: 1211's revenue (15.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1211's Return on Equity is forecast to be low in 3 years time (9.1%).


Past Performance

How has BYD performed over the past 5 years?

-10.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1211 has a large one-off gain of CN¥1.2B impacting its March 31 2021 financial results.

Growing Profit Margin: 1211's current net profit margins (2.5%) are higher than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: 1211's earnings have declined by 10.5% per year over the past 5 years.

Accelerating Growth: 1211's earnings growth over the past year (346%) exceeds its 5-year average (-10.5% per year).

Earnings vs Industry: 1211 earnings growth over the past year (346%) exceeded the Auto industry 38%.


Return on Equity

High ROE: 1211's Return on Equity (7%) is considered low.


Financial Health

How is BYD's financial position?


Financial Position Analysis

Short Term Liabilities: 1211's short term assets (CN¥133.7B) exceed its short term liabilities (CN¥107.7B).

Long Term Liabilities: 1211's short term assets (CN¥133.7B) exceed its long term liabilities (CN¥27.0B).


Debt to Equity History and Analysis

Debt Level: 1211's debt to equity ratio (57.5%) is considered high.

Reducing Debt: 1211's debt to equity ratio has reduced from 103.6% to 57.5% over the past 5 years.

Debt Coverage: 1211's debt is well covered by operating cash flow (79.3%).

Interest Coverage: 1211's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Dividend

What is BYD current dividend yield, its reliability and sustainability?

0.12%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 18 2021Ex Dividend DateJun 10 2021Dividend Pay DateAug 31 202182 days from Ex DividendBuy in the next 22 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 1211's dividend (0.12%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (1.96%).

High Dividend: 1211's dividend (0.12%) is low compared to the top 25% of dividend payers in the Hong Kong market (5.98%).


Stability and Growth of Payments

Stable Dividend: 1211 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 1211 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 1211 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1211's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.8yrs

Average board tenure


CEO

Chuan-Fu Wang (54 yo)

no data

Tenure

CN¥5,336,000

Compensation

Mr. Chuan-Fu Wang serves as the President, Chief Executive Officer and Chairman of BYD Auto Co., Ltd. Mr. Wang serves as Executive Chairman and Chief Executive Officer of BYD Company Ltd. and served as its...


CEO Compensation Analysis

Compensation vs Market: Chuan-Fu's total compensation ($USD828.71K) is about average for companies of similar size in the Hong Kong market ($USD852.27K).

Compensation vs Earnings: Chuan-Fu's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 1211's board of directors are considered experienced (9.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.9%.


Top Shareholders

Company Information

BYD Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BYD Company Limited
  • Ticker: 1211
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: HK$509.665b
  • Shares outstanding: 2.86b
  • Website: https://www.byd.com

Number of Employees


Location

  • BYD Company Limited
  • 3009, BYD Road
  • Pingshan District
  • Shenzhen
  • Guangdong Province
  • China

Listings


Biography

BYD Company Limited, together with its subsidiaries, primarily engages in the research, development, manufacture, and sale of automobiles and related products worldwide. It operates through three segments:...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 12:55
End of Day Share Price2021/05/18 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.