Market Cap
HK$161.1b
Last Updated
2020/02/19 12:49 UTC
Data Sources
Company Financials +
Executive Summary
BYD Company Limited, together with its subsidiaries, engages in the rechargeable battery and photovoltaic, handset components and assembly, and automobile businesses worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Limited growth with questionable track record.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.5%
1211
4.6%
HK Auto
0.6%
HK Market
1 Year Return
-4.2%
1211
-5.4%
HK Auto
-4.5%
HK Market
Return vs Industry: 1211 exceeded the Hong Kong Auto industry which returned -5.4% over the past year.
Return vs Market: 1211 matched the Hong Kong Market which returned -4.5% over the past year.
Shareholder returns
| 1211 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.5% | 4.6% | 0.6% |
| 30 Day | -0.2% | -4.3% | -5.2% |
| 90 Day | 28.4% | 1.7% | 2.3% |
| 1 Year | -3.7%-4.2% | -1.7%-5.4% | -1.0%-4.5% |
| 3 Year | 7.2%5.8% | -7.1%-15.1% | 14.4%2.9% |
| 5 Year | 43.0%40.0% | 2.8%-11.6% | 15.5%-3.8% |
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
9 hours ago | Simply Wall St
Is It Too Late To Consider Buying BYD Company Limited (HKG:1211)?1 week ago | Simply Wall St
Are BYD Company Limited’s (HKG:1211) Returns Worth Your While?3 weeks ago | Simply Wall St
These 4 Measures Indicate That BYD (HKG:1211) Is Using Debt ExtensivelyValuation
Is BYD undervalued compared to its fair value and its price relative to the market?
45.37x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1211 (HK$48.1) is trading above our estimate of fair value (HK$9.97)
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 (45.4x) compared to the Auto industry average (11.4x).
PE vs Market: 1211 is poor value based on its PE Ratio (45.4x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: 1211 is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: 1211 is overvalued based on its PB Ratio (2.1x) compared to the HK Auto industry average (0.6x).
Next Steps
Future Growth
How is BYD forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
15.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1211's forecast earnings growth (15.7% per year) is above the savings rate (1.6%).
Earnings vs Market: 1211's earnings (15.7% per year) are forecast to grow faster than the Hong Kong market (11.8% per year).
High Growth Earnings: 1211's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1211's revenue (9.4% per year) is forecast to grow slower than the Hong Kong market (10.5% per year).
High Growth Revenue: 1211's revenue (9.4% 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 (5.5%).
Next Steps
Past Performance
How has BYD performed over the past 5 years?
16.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1211 has a large one-off gain of CN¥1.3B impacting its September 30 2019 financial results.
Growing Profit Margin: 1211's current net profit margins (2.1%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: 1211's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: 1211's earnings growth over the past year (0.9%) is below its 5-year average (16% per year).
Earnings vs Industry: 1211 earnings growth over the past year (0.9%) exceeded the Auto industry -11.2%.
Return on Equity
High ROE: 1211's Return on Equity (5.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is BYD's financial position?
Financial Position Analysis
Short Term Liabilities: 1211's short term assets (CN¥111.6B) exceed its short term liabilities (CN¥109.1B).
Long Term Liabilities: 1211's short term assets (CN¥111.6B) exceed its long term liabilities (CN¥26.7B).
Debt to Equity History and Analysis
Debt Level: 1211's debt to equity ratio (127.4%) is considered high.
Reducing Debt: 1211's debt to equity ratio has increased from 107.5% to 127.4% over the past 5 years.
Debt Coverage: 1211's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 1211's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
Inventory Level: 1211 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1211's debt is covered by short term assets (assets are 1.4x debt).
Next Steps
Dividend
What is BYD's current dividend yield, its reliability and sustainability?
0.47%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 1211's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 1211's dividend (0.47%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.38%).
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?
11.7yrs
Average board tenure
CEO
Chuan-Fu Wang (53yo)
CN¥5,667,000
Compensation
Mr. Chuan-Fu Wang serves as the President, Chief Executive Officer and Chairman of BYD Auto Co., Ltd. Mr. Wang serves as the Chairman and Chief Executive Officer of BYD Company Ltd. and served as its Presi ...
CEO Compensation Analysis
Compensation vs Market: Chuan-Fu's total compensation ($USD811.75K) is about average for companies of similar size in the Hong Kong market ($USD987.80K).
Compensation vs Earnings: Chuan-Fu's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 0yrs | CN¥5.67m | 18.86% CN¥30.4b | |
| Officer of the President’s Office & Supervisor | 17.7yrs | CN¥1.26m | no data | |
| Non-Executive Director | 11.9yrs | CN¥200.00k | 3.73% CN¥6.0b | |
| Vice Chairman | 17.7yrs | CN¥200.00k | 14.73% CN¥23.7b | |
| Chairman of Supervisors | 17.6yrs | CN¥50.00k | no data | |
| Independent Non-Executive Director | 5.4yrs | CN¥200.00k | no data | |
| Independent Supervisor | 11.7yrs | CN¥50.00k | no data | |
| Independent Non-Executive Director | 5.4yrs | CN¥200.00k | no data | |
| Independent Non-Executive Director | 5.4yrs | CN¥200.00k | no data | |
| Supervisor | 5.4yrs | CN¥15.00k | no data |
11.7yrs
Average Tenure
54.5yo
Average Age
Experienced Board: 1211's board of directors are seasoned and experienced ( 11.7 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 not been meaningfully diluted in the past year.
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$161.099b
- Shares outstanding: 2.73b
- Website: https://www.byd.com/en/index.html
Number of Employees
Location
- BYD Company Limited
- No. 3009, BYD Road
- Pingshan New District
- Shenzhen
- Guangdong Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BYDD.F | OTCPK (Pink Sheets LLC) | Yes | Foreign Shares-Foreign Listed | US | USD | Jul 2002 |
| 1211 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Jul 2002 |
| BY6 | DB (Deutsche Boerse AG) | Yes | Foreign Shares-Foreign Listed | DE | EUR | Jul 2002 |
| 1211 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Jul 2002 |
| 0VSO | LSE (London Stock Exchange) | Yes | Foreign Shares-Foreign Listed | GB | EUR | Jul 2002 |
| BY6 | WBAG (Wiener Boerse AG) | Yes | Foreign Shares-Foreign Listed | AT | EUR | Jul 2002 |
| BYDD.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Oct 2008 | |
| BY6A | DB (Deutsche Boerse AG) | UNSPONSORD ADR | DE | EUR | Oct 2008 | |
| 0HKY | LSE (London Stock Exchange) | UNSPONSORD ADR | GB | USD | Oct 2008 | |
| 2594 | SZSE (Shenzhen Stock Exchange) | Domestic Shares | CN | CNY | Jun 2011 | |
| 2594 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Domestic Shares | CN | CNY | Jun 2011 |
Biography
BYD Company Limited, together with its subsidiaries, engages in the rechargeable battery and photovoltaic, handset components and assembly, and automobile businesses worldwide. It operates through three segments: Rechargeable Battery and Photovoltaic Business; Mobile Handset Components and Assembly Service; and Automobiles and Related Products. The company manufactures and sells lithium-ion and nickel batteries, photovoltaic products, and iron batteries primarily for mobile phones, electric tools, and other portable electronic instruments; mobile handset components, such as housings and keypads; and automobiles, and auto-related molds and components, as well as provides assembly, and automobiles leasing and after sales services. In addition, it offers passenger vehicles, taxis, buses, coaches, urban logistics vehicles, urban construction vehicles, and urban sanitation vehicles; rail transit equipment; consumer electronics; and solar batteries. Additionally, the company develops, sells, and leases residential properties, as well as provides property management services. BYD Company Limited was founded in 1995 and is headquartered in Shenzhen, China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 12:49 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.