Is BYD a good investment?
Overall, BYD has been growing its sales, and profits over the years. It is a dominant player in the Chinese EV market. Taken together, these factors make BYD attractive for value investors, like Warren Buffett, whose firm Berkshire Hathaway holds a nearly 8% stake in BYD.
Shares of BYDDF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
BYD Co.
("Build Your Dreams" Chinese: 比亚迪股份有限公司) is a publicly-listed Chinese conglomerate manufacturing company headquartered in Shenzhen, Guangdong, China. It was founded by Wang Chuanfu in February 1995.
BYD versus Tesla. When comparing the two companies head to head, the data shows that in almost every relevant dimension, BYD has gone further and is growing faster. Passenger vehicle EVs: BYD not only outsold Tesla last year, but its planned growth this year is higher.
BYD has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Shares of China's second-biggest automaker BYD have fallen after authorities launched an investigation into claims one of the company's factories was responsible for harmful pollutants that were causing respiratory problems in children near the plant.
Overall, the stock of BYD Co (OTCPK:BYDDF, 30-year Financials) appears to be significantly overvalued. The company's financial condition is fair and its profitability is fair. Its growth ranks in the middle range of the companies in Vehicles & Parts industry.
| High | $479.57 |
|---|---|
| Median | $267.87 |
| Low | $206.54 |
| Average | $278.18 |
| Current Price | $28.80 |
In summary, the stock of BYD Co (OTCPK:BYDDY, 30-year Financials) is believed to be significantly overvalued. The company's financial condition is fair and its profitability is strong. Its growth ranks better than 81% of the companies in Vehicles & Parts industry.
BYD's parent is traded in Hong Kong and Shenzhen. The company says 60% of its stock is owned by U.S. investors. Warren Buffett claimed an 8.2% stake in his last annual letter.
Who owns BYD care?
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.
Wang Chuanfu, founder and chairman of BYD, China's top EV maker. China electric vehicle makers have won the attention of global stock investors in the past three years in part through hugely successful U.S. IPOs by upstarts Nio, XPeng and Li Auto.
BYD's passenger cars are not yet sold in the United States. Annual sales of plug-in electric vehicles in North America are expected to reach at least 1.1 million units by 2024, according to Navigant Research. The numbers are small now, but consider that they are starting from essentially zero.
BYD's passenger vehicles sales reached 730,093k for 2021, up 75.4% YoY. BYD's annual passenger new energy vehicle (NEV) sales grew by 231.6% YoY to 593,745, setting a new sales record in China. NEV sales rose sharply by 236.4% YoY and reached 92,823 units in December.
Tesla has officially placed orders with BYD's battery-making arm, FinDreams Battery, for blade batteries for 204,000 vehicles per year, @雪域新峰, a longtime BYD follower on the Chinese investment community Xueqiu said today.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.97% |
| 2 | Buy | 18.45% |
| 3 | Hold | 10.03% |
| 4 | Sell | 5.70% |
You can also buy A-shares, meaning shares from companies from mainland China listed on the Shanghai and Shenzhen Stock Exchanges. To invest in these companies, you can purchase shares of ADRs through a U.S. broker.
You'll need to use Tesla's ticker symbol on the Nasdaq — TSLA — to proceed. You'll then have the option between two orders: a market or limit order. Specifically, a market order allows you to purchase a company's stock at whatever the current price is.
The company name BYD stands for "Build Your Dreams" and core parts for electrified vehicles such as batteries, motors and power electronics are among the products that BYD develops in-house. In 2008, BYD became the first company in the world to sell mass production of plug-in hybrid electrified vehicles (PHEVs).
| High | $552.16 |
|---|---|
| Median | $205.85 |
| Low | $153.62 |
| Average | $242.63 |
| Current Price | $13.55 |
How much is a BYD dolphin?
BYD officially launched the Dolphin at the Chengdu Auto Show on August 29, 2021, with a subsidized price of RMB 93,800 ($14,660) - RMB 121,800. On January 21, BYD said it will adjust the official guide price of its new energy models in the Dynasty and Ocean series by RMB 1,000 - 7,000 yuan.
Stock Price Forecast
The 37 analysts offering 12-month price forecasts for Apple Inc have a median target of 191.00, with a high estimate of 219.94 and a low estimate of 145.00. The median estimate represents a +25.52% increase from the last price of 152.17.
Both tickers are for same company BYD, a Chinese EV company, known for being invested in by Warren Buffett. If you look into trading profiles, they're are just replicas of each other with same trading volume,buy/sell signals etc. Lastly BYDDY is an ADR while BYDDF is H share, but who cares?
If you listen to analysts, then Nio stock is a buy! Of the 14 analysts that cover the shares, 13 hold a “buy” rating for NIO while only a single analyst has a “hold” rating. Also, the consensus price target is sitting at $50.28, as compared to its $22.17 closing price yesterday.
The US billionaire investor Warren Buffett owned 21.5 per cent of BYD's Hong Kong-traded stocks as of June 30, with a 7.9 per cent stake in the entire company, according to the battery maker's first-quarter report. BYD last tapped the equities market in January, raising HK$29.8 billion.
BYD (BYDDY)
In 2008, Buffett's company Berkshire Hathaway bought 225 million shares of BYD for $232 million. Berkshire's latest shareholder letter shows it still held those shares as of Dec. 31, 2020 — except their market value had surged to roughly $5.9 billion.
Warren Buffett is a major shareholder. EVDirect is part of a company called Nexport, part of the TrueGreen Group investment fund. It claims BYD has established an Australia-focused line at one of its factories in China, and plans to commence production of the first 15,000 cars for this market.
Facilities. Industrial facilities consist of two manufacturing plants in Xi'an, an R&D center and manufacturing plant in Shenzhen (the headquarters of BYD Co Ltd), a manufacturing plant in Changsha, a manufacturing plant in Shaoguan, and an R&D center and parts plant in Shanghai.
Forced labour, lack of living wages and restrictions to freedom of association are just some issues that persist within the industry and its supply chain.
Berkshire Hathaway holds 225 million shares, or a near 7.9% stake, in BYD worth about $7.7 billion at today's closing price of HK$265.20 at the Hong Kong Stock Exchange.
Is BYD coming to India?
BYD India launched electric MPV E6 priced at ₹29.6 lakh (ex-showroom). BYD India launched electric MPV E6 priced at ₹29.6 lakh (ex-showroom). India has become a strategic hub for BYD to serve the South Asian market, claims an official of the automaker.
BYD's auto division, which contributed 43% of revenue, was hit by the global chip shortage, which has hobbled car-making giants from Volkswagen AG to Toyota Motor Corp. The resulting bottleneck threatens to cut worldwide auto production by as many as 7.1 million vehicles this year, according to IHS Markit.
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BYD plug-in electric car sales in China – February 2022.
| Category | Pricing China |
|---|---|
| Make | BYD |
The first Chinese electric cars are coming to Quebec after Transport Canada officially approved the e6 model. Some fifty BYD vehicles should soon be taking to the roads in Quebec. According to E-Taxi, the first BYD dealer in Canada, over 2000 vehicles should be on the roads of the province within two years.
In 2021, the best-selling model for the BYD Group in China was the plug-in hybrid Qin Plus DM, with approximately 113,700 units. Closely followed by the BYD Han EV and the plug-in hybrid Song DM, with around 87,200 and 79,500 units respectively sold that year.
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Forecast.
| Category | Manufacturing / Production Sales |
|---|---|
| Make/Model | Tesla Model S Tesla Model 3 Tesla Model X Tesla Model Y |
| Body Style | Sedan SUV/Crossover |
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BYD electric vehicle sales in China between 2020 and 2021, by type.
At present, BYD already has a large number of low-cost, high-safety blade batteries in stock, and later solid-state batteries with high cost, high safety and high energy density are being developed.
BYD blade battery has a higher volumetric energy density compared to regular block type prismatic cells. Hence, the BYD blade battery has enabled the usage of LFP cells in long-range electric vehicles while addressing safety concerns of catching fire during an incident of thermal runaway.
The Tesla Energy Batteries Announcement
In May 2015, Musk announced Tesla Energy, expanding the company's capabilities into a new reporting segment, now called energy generation and storage. The two inaugural products were a home battery and a grid battery. The new batteries build out the concept of electric storage.
