BYD Electronic (International) Future Growth

Future criteria checks 4/6

BYD Electronic (International) is forecast to grow earnings and revenue by 24.9% and 12% per annum respectively. EPS is expected to grow by 24.9% per annum. Return on equity is forecast to be 16.8% in 3 years.

Key information

24.9%

Earnings growth rate

24.9%

EPS growth rate

Communications earnings growth	31.6%
Revenue growth rate	12.0%
Future return on equity	16.8%
Analyst coverage	Good
Last updated	27 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

SHSC:285 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	209,286	7,328	6,424	11,523	16
12/31/2025	191,507	5,972	5,988	9,861	18
12/31/2024	173,152	4,382	791	7,158	18
6/30/2024	152,358	4,043	4,775	8,075	N/A
3/31/2024	141,157	4,042	5,583	9,159	N/A
12/31/2023	129,957	4,041	6,390	10,243	N/A
9/30/2023	124,815	3,390	3,662	7,640	N/A
6/30/2023	119,673	2,740	934	5,037	N/A
3/31/2023	113,430	2,299	1,359	5,499	N/A
12/31/2022	107,186	1,858	1,784	5,961	N/A
9/30/2022	97,703	1,579	1,765	5,932	N/A
6/30/2022	88,220	1,301	1,745	5,903	N/A
3/31/2022	88,638	1,805	2,073	6,119	N/A
12/31/2021	89,057	2,310	2,402	6,335	N/A
9/30/2021	87,661	3,461	1,065	4,872	N/A
6/30/2021	86,266	4,612	-271	3,408	N/A
3/31/2021	79,693	5,027	65	3,309	N/A
12/31/2020	73,121	5,441	402	3,209	N/A
9/30/2020	67,128	4,468	1,265	4,066	N/A
6/30/2020	61,135	3,495	2,128	4,922	N/A
3/31/2020	57,081	2,546	-121	2,650	N/A
12/31/2019	53,028	1,598	-2,370	379	N/A
9/30/2019	48,922	1,613	-1,127	1,282	N/A
6/30/2019	44,816	1,629	116	2,185	N/A
3/31/2019	42,932	1,909	1,292	3,483	N/A
12/31/2018	41,047	2,189	2,467	4,781	N/A
9/30/2018	40,903	2,293	1,439	3,870	N/A
6/30/2018	40,760	2,397	410	2,959	N/A
3/31/2018	39,767	2,491	N/A	2,411	N/A
12/31/2017	38,774	2,585	N/A	1,863	N/A
9/30/2017	38,775	2,268	N/A	2,025	N/A
6/30/2017	38,776	1,952	N/A	2,187	N/A
3/31/2017	37,755	1,593	N/A	2,571	N/A
12/31/2016	36,734	1,233	N/A	2,954	N/A
9/30/2016	35,972	1,145	N/A	2,708	N/A
6/30/2016	35,210	1,056	N/A	2,462	N/A
3/31/2016	32,248	982	N/A	2,910	N/A
12/31/2015	29,286	908	N/A	3,359	N/A
9/30/2015	24,787	838	N/A	3,575	N/A
6/30/2015	20,288	767	N/A	3,792	N/A
3/31/2015	20,060	835	N/A	2,544	N/A
12/31/2014	19,832	902	N/A	1,296	N/A
9/30/2014	18,699	912	N/A	1,093	N/A
6/30/2014	17,566	922	N/A	890	N/A
3/31/2014	16,814	785	N/A	1,268	N/A
12/31/2013	16,062	648	N/A	1,647	N/A
9/30/2013	15,366	541	N/A	937	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 285's forecast earnings growth (24.9% per year) is above the savings rate (2.3%).

Earnings vs Market: 285's earnings (24.9% per year) are forecast to grow faster than the Hong Kong market (12% per year).

High Growth Earnings: 285's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 285's revenue (12% per year) is forecast to grow faster than the Hong Kong market (7.3% per year).

High Growth Revenue: 285's revenue (12% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 285's Return on Equity is forecast to be low in 3 years time (16.8%).

BYD Electronic (International) Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

BYD Electronic (International) Company Limited Provides Earnings Guidance for the Year Ended 31 December 2023

BYD Electronic (International) Company Limited Provides Earnings Guidance for the Nine Months Ended September 30, 2023

Byd Electronic (International) Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023

BYD Electronic (International) Company Limited Provides Earnings Guidance for the Three Months Ended March 31, 2022

Recent updates

Investor sentiment improves as stock rises 19%

Executive Director recently bought HK$4.6m worth of stock

First half 2024 earnings released: EPS: CN¥0.67 (vs CN¥0.67 in 1H 2023)

BYD Electronic (International) Company Limited to Report First Half, 2024 Results on Aug 28, 2024

Now 22% undervalued

Now 21% undervalued

BYD Electronic (International) Company Limited Approves Final Dividend for the Year Ended 31 December 2023

Upcoming dividend of CN¥0.54 per share

Now 21% undervalued

Investor sentiment improves as stock rises 18%

Dividend of CN¥0.54 announced

Full year 2023 earnings released: EPS: CN¥1.79 (vs CN¥0.82 in FY 2022)

BYD Electronic (International) Company Limited Announces Retirement of Antony Francis Mampilly as Independent Non-Executive Director, Member Audit Committee, the Remuneration Committee and the Nomination Committee on 6 June 2024

BYD Electronic (International) Company Limited Announces Retirement of Antony Francis Mampilly as Independent Non-Executive Director, Member Audit Committee, the Remuneration Committee and the Nomination Committee on on 6 June 2024

Now 22% undervalued after recent price drop

BYD Electronic (International) Company Limited to Report Q1, 2024 Results on Apr 29, 2024

Full year 2023 earnings released: EPS: CN¥1.79 (vs CN¥0.82 in FY 2022)

BYD Electronic (International) Company Limited to Report Fiscal Year 2023 Results on Mar 26, 2024

BYD Electronic (International) Company Limited Provides Earnings Guidance for the Year Ended 31 December 2023

BYD Electronic (International) Company Limited (SEHK:285) completed the acquisition of Product manufacturing business located in Chengdu and Wuxi from Jabil Circuit (Singapore) Pte. Ltd.. for CNY 14.29 billion.

Now 25% undervalued

BYD Electronic (International) Company Limited Provides Earnings Guidance for the Nine Months Ended September 30, 2023

BYD Electronic (International) Company Limited to Report Q3, 2023 Results on Oct 30, 2023

First half 2023 earnings released: EPS: CN¥0.67 (vs CN¥0.28 in 1H 2022)

BYD Electronic (International) Company Limited (SEHK:285) entered into the preliminary acquisition agreement to acquire Product manufacturing business located in Chengdu and Wuxi from Jabil Circuit (Singapore) Pte. Ltd. for CNY 15.8 billion.

BYD Electronic (International) Company Limited to Report First Half, 2023 Results on Aug 28, 2023

Now 21% undervalued

Byd Electronic (International) Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023

Now 21% undervalued

BYD Electronic (International) Company Limited Approves Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of CN¥0.17 per share at 0.8% yield

Full year 2022 earnings released: EPS: CN¥0.82 (vs CN¥1.03 in FY 2021)

Investor sentiment deteriorates as stock falls 17%

Less than half of directors are independent

Investor sentiment improved over the past week

Now 23% undervalued

BYD Electronic (International) Company Limited to Report Q3, 2022 Results on Oct 28, 2022

Investor sentiment deteriorated over the past week

Now 21% undervalued

First half 2022 earnings released: EPS: CN¥0 (vs CN¥0.73 in 1H 2021)

Now 21% undervalued

Investor sentiment improved over the past week

Investor sentiment improved over the past week

BYD Electronic (International) Company Limited Declares Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of CN¥0.10 per share

Less than half of directors are independent

BYD Electronic (International) Company Limited Provides Earnings Guidance for the Three Months Ended March 31, 2022

BYD Electronic (International) Company Limited Recommends the Payment of Final Dividend for the Year Ended 31 December 2021

BYD Electronic (International) Company Limited to Report Q1, 2022 Results on Apr 27, 2022

Full year 2021 earnings released: EPS: CN¥1.03 (vs CN¥2.42 in FY 2020)

BYD Electronic (International) Company Limited Announces Final Dividend for the Year Ended December 31, 2021

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First half 2021 earnings released: EPS CN¥0.73 (vs CN¥1.10 in 1H 2020)

Investor sentiment deteriorated over the past week

Upcoming dividend of CN¥0.24 per share

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥2.42 (vs CN¥0.71 in FY 2019)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥2.41 (vs CN¥0.71 in FY 2019)

BYD Electronic (International) Company Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: HK$49.40

BYD Electronic (International) Company Limited to Report Nine Months, 2020 Results on Oct 29, 2020

Market bids up stock over the past week

New 90-day high: HK$41.50

Independent Non-Executive Director recently bought HK$78k worth of stock

New 90-day high - HK$33.55