BYD Future Growth

Future criteria checks 4/6

BYD is forecast to grow earnings and revenue by 17.4% and 14.5% per annum respectively. EPS is expected to grow by 18.1% per annum. Return on equity is forecast to be 23% in 3 years.

Key information

17.4%

Earnings growth rate

18.1%

EPS growth rate

Auto earnings growth	17.2%
Revenue growth rate	14.5%
Future return on equity	23.0%
Analyst coverage	Good
Last updated	19 Nov 2024

Recent future growth updates

BYD Company Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 01

Recent updates

BYD's (HKG:1211) Profits May Not Reveal Underlying Issues

Nov 06

Market Participants Recognise BYD Company Limited's (HKG:1211) Earnings Pushing Shares 35% Higher

Oct 07

BYD's (HKG:1211) Returns On Capital Are Heading Higher

May 22

BYD Company Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 01

Is BYD Company Limited (HKG:1211) Expensive For A Reason? A Look At Its Intrinsic Value

Dec 08

We Think BYD (HKG:1211) Can Manage Its Debt With Ease

Oct 25

The Return Trends At BYD (HKG:1211) Look Promising

Oct 10

With EPS Growth And More, BYD (HKG:1211) Makes An Interesting Case

Sep 27

Earnings and Revenue Growth Forecasts

SEHK:1211 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,025,896	54,583	54,071	171,647	27
12/31/2025	903,117	46,012	45,286	155,314	30
12/31/2024	746,044	37,701	10,305	126,486	30
9/30/2024	682,292	33,872	37,494	128,138	N/A
6/30/2024	643,318	32,660	-1,450	101,932	N/A
3/31/2024	607,086	30,440	49,657	165,487	N/A
12/31/2023	602,315	30,001	47,632	169,725	N/A
9/30/2023	578,648	28,672	13,516	147,661	N/A
6/30/2023	533,578	23,975	52,358	179,624	N/A
3/31/2023	477,409	19,938	27,010	143,370	N/A
12/31/2022	424,061	16,616	43,381	140,838	N/A
9/30/2022	338,638	9,894	43,727	124,630	N/A
6/30/2022	275,864	5,467	35,910	98,975	N/A
3/31/2022	241,976	3,597	30,668	77,258	N/A
12/31/2021	216,142	3,026	28,123	65,467	N/A
9/30/2021	196,767	3,264	25,287	48,603	N/A
6/30/2021	186,980	3,726	23,845	39,531	N/A
3/31/2021	177,911	4,359	28,535	40,586	N/A
12/31/2020	156,598	4,234	33,619	45,393	N/A
9/30/2020	138,939	3,454	25,168	39,572	N/A
6/30/2020	126,057	1,822	16,892	32,344	N/A
3/31/2020	117,113	977	-416	19,282	N/A
12/31/2019	127,739	1,614	-5,886	14,741	N/A
9/30/2019	134,895	2,827	-11,006	9,705	N/A
6/30/2019	138,088	3,756	-9,323	11,915	N/A
3/31/2019	135,621	3,428	-5,568	13,094	N/A
12/31/2018	130,055	2,780	-5,319	12,523	N/A
9/30/2018	120,963	2,802	-4,507	12,533	N/A
6/30/2018	115,028	2,823	N/A	8,592	N/A
3/31/2018	109,606	3,563	N/A	8,834	N/A
12/31/2017	105,915	4,066	N/A	6,579	N/A
9/30/2017	104,605	4,179	N/A	1,679	N/A
6/30/2017	103,558	4,515	N/A	-3,887	N/A
3/31/2017	104,231	4,807	N/A	-3,011	N/A
12/31/2016	103,470	5,052	N/A	-1,846	N/A
9/30/2016	104,313	4,526	N/A	2,554	N/A
6/30/2016	93,376	4,616	N/A	-608	N/A
3/31/2016	85,012	3,553	N/A	-1,348	N/A
12/31/2015	80,009	2,823	N/A	3,842	N/A
9/30/2015	66,281	2,006	N/A	96	N/A
6/30/2015	63,063	539	N/A	3,604	N/A
3/31/2015	61,755	543	N/A	5,091	N/A
12/31/2014	58,196	434	N/A	38	N/A
9/30/2014	54,567	477	N/A	-838	N/A
6/30/2014	53,538	487	N/A	-409	N/A
3/31/2014	51,703	453	N/A	579	N/A
12/31/2013	52,863	553	N/A	2,436	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1211's forecast earnings growth (17.4% per year) is above the savings rate (2.3%).

Earnings vs Market: 1211's earnings (17.4% per year) are forecast to grow faster than the Hong Kong market (11.7% per year).

High Growth Earnings: 1211's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1211's revenue (14.5% per year) is forecast to grow faster than the Hong Kong market (7.8% per year).

High Growth Revenue: 1211's revenue (14.5% 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 high in 3 years time (23%)

BYD Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

BYD Company Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Consensus EPS estimates increase by 19%

Consensus EPS estimates increase by 10%

BYD Company Limited Provides Earnings Guidance for the Third Quarter and Year to Date Ended 30 September 2023

Recent updates

BYD's (HKG:1211) Profits May Not Reveal Underlying Issues

Third quarter 2024 earnings released: EPS: CN¥4.00 (vs CN¥3.58 in 3Q 2023)

Now 21% undervalued

Market Participants Recognise BYD Company Limited's (HKG:1211) Earnings Pushing Shares 35% Higher

BYD Company Limited to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 18%

Second quarter 2024 earnings: EPS in line with expectations, revenues disappoint

BYD Company Limited Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2023, Payable on 29 July 2024

BYD Company Limited to Report First Half, 2024 Results on Aug 29, 2024

BYD Company Limited Approves Final Ordinary Dividend for the Year Ended December 31, 2023, Payable on August 06, 2024

Upcoming dividend of CN¥3.10 per share

BYD's (HKG:1211) Returns On Capital Are Heading Higher

BYD Launches First Pickup Truck BYD SHARK in Mexico

BYD Company Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

BYD Company Limited's (HKG:1211) Popularity With Investors Is Clear

Dividend of CN¥3.10 announced

BYD Company Limited, Annual General Meeting, Jun 06, 2024

Estimating The Intrinsic Value Of BYD Company Limited (HKG:1211)

BYD Company Limited to Report Q1, 2024 Results on Apr 29, 2024

Statutory Profit Doesn't Reflect How Good BYD's (HKG:1211) Earnings Are

BYD Company Limited to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings released

Does BYD (HKG:1211) Have A Healthy Balance Sheet?

BYD Company Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on August 06, 2024

BYD Company Limited (SEHK:1211) announces an Equity Buyback for CNY 400 million worth of its shares.

BYD Unveils the First Pure Electric Supercar Model U9 Under Its High-End Sub-Brand, Yangwang

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Investors Will Want BYD's (HKG:1211) Growth In ROCE To Persist

Do BYD's (HKG:1211) Earnings Warrant Your Attention?

BYD Company Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

The Price Is Right For BYD Company Limited (HKG:1211)

Is BYD Company Limited (HKG:1211) Expensive For A Reason? A Look At Its Intrinsic Value

BYD Unveils e4 Concept Car and Supercar Platform

Third quarter 2023 earnings: Revenues miss analyst expectations

Consensus EPS estimates increase by 19%

Consensus EPS estimates increase by 10%

We Think BYD (HKG:1211) Can Manage Its Debt With Ease

BYD Company Limited Provides Earnings Guidance for the Third Quarter and Year to Date Ended 30 September 2023

The Return Trends At BYD (HKG:1211) Look Promising

With EPS Growth And More, BYD (HKG:1211) Makes An Interesting Case

BYD Launches the U8 Premium Edition Under its High-End Sub-Brand Yangwang

Less than half of directors are independent

BYD Company Limited Announces Board Changes

BYD Presents Strong New Energy Vehicle Line-Up At IAA and Premieres the Seal U in Europe

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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