BYD Co., Ltd.
In the news
- China gives CATL, BYD and a fuel-cell startup a second wind Jul 25, 2020
- In Depth: CATL loses EV battery crown as foreign players muscle in Jul 12, 2020
- Late bloomer Hyundai speeds past BYD in electric vehicle sales Jul 11, 2020
- Asia's electric car sales drift into the slow lane Jun 19, 2020
- China passenger car sales in May mark first gain in 2 years Jun 11, 2020 See more articles on BYD Co., Ltd.
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.
Business Summary
Financial Highlights
Dec 2021 | HKD | USD |
Revenue | 254,660.97M | 32,762.93M |
Gross Profit | 25,155.69M | 3,236.35M |
Operating income | 4,026.08M | 517.96M |
Income before tax | 5,620.25M | 723.06M |
Net income | 3,646.86M | 469.18M |
EBITDA | 21,026.55M | 2,705.13M |
Diluted EPS | 1.06 | 0.13 |
Dividends Per Share | 0.12 | 0.01 |
Total Assets | 362,922.08M | 46,550.55M |
Total liabilities | 229,922.22M | 29,491.19M |
Total equity | 116,295.46M | 14,916.75M |
Operating cash flow | 76,296.38M | 9,815.77M |
Currency in HKD | Currency in USD |
Historical Data
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 118,365.07M | 144,255.73M | 138,086.21M | 172,452.30M | 254,660.97M |
Gross Profit | 20,857.78M | 21,539.22M | 20,357.53M | 27,338.09M | 25,155.69M |
Operating income | 7,161.73M | 5,022.34M | 3,832.86M | 10,350.48M | 4,026.08M |
Income before tax | 6,739.98M | 5,460.76M | 3,236.09M | 7,943.86M | 5,620.25M |
Net income | 4,407.59M | 3,010.56M | 1,830.65M | 4,514.58M | 3,646.86M |
EBITDA | 15,190.78M | 16,015.96M | 14,987.91M | 24,414.61M | 21,026.55M |
Diluted EPS | 1.49 | 1.01 | 0.59 | 1.55 | 1.06 |
Dividends Per Share | 0.17 | 0.23 | 0.06 | 0.17 | 0.12 |
Total Assets | 213,798.62M | 221,880.51M | 219,439.31M | 239,129.72M | 362,922.08M |
Total liabilities | 144,492.01M | 154,918.59M | 151,832.60M | 161,317.93M | 229,922.22M |
Total equity | 61,352.83M | 58,503.15M | 58,578.26M | 66,134.63M | 116,295.46M |
Operating cash flow | 4,315.21M | 10,702.01M | 12,475.35M | 46,766.25M | 76,296.38M |
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 15,188.99M | 18,405.72M | 17,623.83M | 22,234.71M | 32,762.93M |
Gross Profit | 2,676.54M | 2,748.21M | 2,598.21M | 3,524.76M | 3,236.35M |
Operating income | 919.01M | 640.80M | 489.18M | 1,334.51M | 517.96M |
Income before tax | 864.89M | 696.74M | 413.01M | 1,024.22M | 723.06M |
Net income | 565.59M | 384.12M | 233.64M | 582.07M | 469.18M |
EBITDA | 1,949.33M | 2,043.49M | 1,912.89M | 3,147.83M | 2,705.13M |
Diluted EPS | 0.19 | 0.13 | 0.07 | 0.20 | 0.13 |
Dividends Per Share | 0.02 | 0.02 | 0.00 | 0.02 | 0.01 |
Total Assets | 27,349.42M | 28,339.58M | 28,162.85M | 30,840.12M | 46,550.55M |
Total liabilities | 18,483.62M | 19,786.90M | 19,486.20M | 20,804.88M | 29,491.19M |
Total equity | 7,848.34M | 7,472.28M | 7,517.93M | 8,529.26M | 14,916.75M |
Operating cash flow | 553.74M | 1,365.48M | 1,592.21M | 6,029.69M | 9,815.77M |
Valuation Measures
Dec 2021 | |
PER | 205.60 |
ROA | 1.21% |
ROE | 3.99% |
Operating margin | 1.58% |
Profit margin | 1.43% |
Key executives
- Chairman, President & General Manager: Chuan Fu Wang
- Chief Financial Officer: Ya Lin Zhou
- Vice President: Huan Ming Liu
- Vice President & General Manager-Division I: Nian Qiang Wang
- Vice President & General Manager-Division 14: Hong Bin Luo
Shareholders
- Berkshire Hathaway, Inc. (20.4%)
- Himalaya Capital Management LLC (5.7%)
- The Vanguard Group, Inc. (2.3%)
- BlackRock Fund Advisors (1.7%)
- Norges Bank Investment Management (1.2%)
- First Seafront Fund Management Co., Ltd. (0.8%)
- BlackRock Advisors (UK) Ltd. (0.8%)
- State Street Global Advisors Asia Ltd. (0.7%)
- Global X Management Co. LLC (0.7%)
- Mirae Asset Global Investments (Hong Kong) Ltd. (0.6%)
Contact Details
- Website:http://www.byd.com/en/index.html
- Address: No.1, Yan'an Road, Kuichong Street, Shenzhen, 518118, China
- Phone: +86.755.8988.8888
Related Companies
- BYD Auto Finance Co., Ltd.
- Huizhou Byd Battery Co., Ltd.
- BYD (Shenzhen) Supply Chain Management Co., Ltd.
- Changsha BYD Auto Co., Ltd.
- BYD Motors, Inc.
- BYD (Shangluo) Industrial Co., Ltd.
- BYD Auto Industry Co., Ltd.
- Ogihara Corp. /Tatebayashi Ops/
- Shanghai BYD Co. Ltd.
- BYD Lithium Batteries Co., Ltd.
- BYD Industry & Commerce Co., Ltd.
- Byd Electronic Hungary Ltd.
- Beijing Byd Mould Co. Ltd.
- BYD Automobile Industry Co., Ltd.
- BYD (Huizhou) Co. Ltd.
- BYD Auto Sales Co., Ltd.
- BYD Battery Co. Ltd.
- BYD America Corp.
- BYD (Ningbo) Semi-conductor Co., Ltd.
- BYD Hungary Kft
- BYD (H.K.) Co. Ltd.
- Shanghai BYD Lithium Battery Co. Ltd.
- BYD Auto Co., Ltd.
- Xian Zhen Chuan Automobile Ltd
- BYD Electronic (International) Co., Ltd.
Competitors
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