Lyon: BYD Company Limited (01211) faces challenges in economies of scale, and its advantages will be further consolidated.
The bank pointed out that although BYD (01211) has a high market share, its economies of scale are difficult to challenge, and it is expected that the continuous release of new technologies and a strong new car cycle will further consolidate its advantages.
Citi Optimistic on BYD Stock With High-end Sales Forecast
BYD Enters Croatia With 4 Models
Citigroup: BYD's first-quarter net profit meets market expectations, maintaining its status as an "Industry preferred choice."
Citi released a Research Report stating that BYD (01211) had a net income of 9.16 billion RMB for the first quarter, a year-on-year growth of 100%, which meets market expectations. The bank expects a quarter-on-quarter shipment increase of 25% to 35% in the second quarter, reaching at least 1.25 million units. After excluding profits from BYD Electronics, the bank estimates that BYD's net profit per vehicle for the first quarter is approximately 8,733 RMB and expects that the net profit per vehicle in the first half of the year will stabilize at around 9,000 RMB. The bank believes that in April, the three main sales benchmarks for BYD (wholesale/domestic retail/export) should all record quarter-on-quarter growth. Citi maintains BYD as its "
BYD Shenzhen Car Carrier Kicks off Maiden Ocean Voyage With Over 7,000 Cars Bound for Brazil
Nomura: BYD Company Limited (01211) saw its first quarter shipment volume again outperform revenue growth, maintaining a "Buy" rating.
As a market leader, BYD continues to benefit from its expanding Business scale.
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Cendol_ice : HK.
101875429 : Buy the Sgd SDR... HYDD since you are in Singapore. No need to incur forex conversion losses.
Aurora观澜 : It is not recommended to pursue it.