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$BYD COMPANY.HK$ With BYD growing so much every year, shouldn't it be a price-earnings ratio of 20?
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Lucky Dog An : Chinese people are all big liars
. Relying on state subsidies
Roger P Lucky Dog An : numbers dont lie. BYD is delivering much more cars than any other with or without state subsidies. If expense and revenue numbers correlates with other car manufacturers, would be right to invest.
BYD has also a reputation that warren had invested. gives a edge over competitors within China to attract investment.