Asia300

BYD Co. Ltd.

China

  • 1m
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Jul 21, 2017
Prev close: 51.1
Jul 21, 2017
Market cap:
Market cap(USD):
152,379M
19,514.3M
Shares: 2,728.14M

Currency in HKD

Company profile

Market(Ticker): HKG(1211)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 193,842

Business summary

BYD Co. Ltd. engages in the research, development, manufacture and sale of rechargeable batteries. The company also manufactures and sells automobiles and related products, handset components, LCD and other electronic products. It operates its business through four segments: Rechargeable Battery & Other Products, Mobile Handset Components & Assembly Service, Automobiles & Related Products, and Other. The Rechargeable Battery & Other Products segment manufactures and sells lithium-ion and nickel batteries principally for mobile phones, electric tool, and other portable electronic instruments and new energy products. The Mobile Handset Components & Assembly Service segment engages in the manufacture and sale of mobile handset components such as housing, keypads and provision of assembly services. The Automobiles & Related Products segment engages in the manufacture and sale of automobiles and auto-related moulds and components. The Other segment comprises of non-manufacturing business of the company. The company was founded on February 10, 1995 and is headquartered in Shenzhen, China.

Company background

BYD is a major Chinese automaker based in Shenzhen, Guangdong Province. It sells vehicles under the BYD brand.

Founded in 1995, BYD started out as a battery maker and entered the automobile business in 2003. The company has diversified into areas such as cellphone assembly and solar cell manufacturing. Leveraging its strength as a battery maker, the company is developing electric and plug-in hybrid vehicles.

BYD Chairman Wang Chuanfu, who was once the richest man in China, still has supreme power within the company. Wang holds about a 23% stake in BYD as of March 2015, making him the largest shareholder. A subsidiary of Berkshire Hathaway, run by U.S. billionaire investor Warren Buffett, bought into the company in 2008. It is still a major shareholder with about a 9% stake.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 119,129.94M
Gross profit 21,539.71M
Operating income 9,718.85M
Income before tax 8,375.49M
Net income 5,903.03M
EBITDA 17,690.58M
Diluted EPS 2.19
Dividends per share 0.62
Total assets 161,846.96M
Total liabilities 102,641.80M
Total equity 52,948.48M
Operating cash flow -2,334.53M

Currency in HKD

Revenue 15,346.93M
Gross profit 2,774.85M
Operating income 1,252.03M
Income before tax 1,078.97M
Net income 760.45M
EBITDA 2,278.99M
Diluted EPS 0.28
Dividends per share 0.08
Total assets 20,874.99M
Total liabilities 13,238.72M
Total equity 6,829.28M
Operating cash flow -300.74M

Currency in USD

Valuation measures

Dec 2016

PER 18.59
ROA 3.93%
ROE 13.46%
Operating margin 8.15%
Profit margin 4.95%

Key executive

  • Chairman, President & Chief Executive Officer: Chuan Fu Wang
  • Chief Financial Officer & Vice President: Jing Sheng Wu
  • Vice President: Huan Ming Liu
  • Vice President & General Manager-Division I: Nian Qiang Wang
  • Vice President & General Manager-Division 14: Hong Bin Luo

Share holders

  • Berkshire Hathaway, Inc.(24.5%)
  • Himalaya Capital Management LLC(8.2%)
  • The Vanguard Group, Inc.(2.6%)
  • BlackRock Fund Advisors(1.6%)
  • Hang Seng Investment Management Ltd.(1.0%)
  • Norges Bank Investment Management(0.8%)
  • Nordea Investment Management AB (Denmark)(0.7%)
  • M&G Investment Management Ltd.(0.6%)
  • BlackRock Advisors (UK) Ltd.(0.4%)
  • BAMCO, Inc.(0.3%)

Address

  • Website: http://www.byd.com.cn
  • Address: No. 3009, BYD Road, Pingshan, Shenzhen, 518118, China
  • Phone: +86.755.8988.8888

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