BYD Co (BYDDF) Stock Price Today, News, Quotes, FAQs and - Stocktwits Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. On top of that, BYD is not releasing 10-Q/Ks in the US, so it is hard to get information on the stock, and some investors may also avoid the stock as they fear potential governance issues. On the date of publication, William Whitedid not have (either directly or indirectly) any positions in the securities mentioned in this article. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. NASDAQ data is at least 15 minutes delayed. Offers may be subject to change without notice. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. You can get up to speed on that news by checking out the links below! Cross listing question with example. Eigenvalues of position operator in higher dimensions is vector, not scalar? Once again, cash flow is net income plus depreciation and other non-cash charges. On top of that, using EV technology instead of diesel-powered vehicles will lead to lower local emissions and can thus translate to cleaner air. Folder's list view has different sized fonts in different folders. NYSE and AMEX data is at least 20 minutes delayed. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The main difference between byddf and byddy stocks is that byddf stocks are considered to be more reliable. ", Improving the copy in the close modal and post notices - 2023 edition, New blog post from our CEO Prashanth: Community is the future of AI, Use of chatGPT and other AI generators is banned. What's the difference? The company made its latest dividend payment in September 2020 and distributed $0.0169 per share. If BYD were to keep that rate throughout the remainder of the year, they would sell 220,000 EVs in 2021, but due to the Chinese New Year in Q1 and planned production growth, that is likely a conservative estimate, and it seems reasonable to assume that BYD will actually sell more than 220,000 EVs this year. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. A D/E ratio of 1 means its debt is equivalent to its common equity. Since BYDDF is traded on the OTC markets, not many analysts cover the stock. I stressed the importance of BYDs Blade Battery in my Seeking Alpha article last month, but I should stress it even further. It sounds like it's 2 ways of owning "shares" of foreign stocks. It develops mostly full-electric and hybrid vehicles such as traditional sedans, SUVs, busses, forklifts, and even trains. Haven't seen a single frontpage post including BYD so far, EDIT : Apparently in the US Market the company is found as BYDDF, EDIT2: There also exists a stock named BYDDY idk the difference between BYDDF and BYDDY tho. Add in BYD's promising commercial EV business and its growing battery manufacturing business, and BYD could be valued at several hundred billion dollars. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. BYD currently has Blade Battery factories in Shenzhen, Xi'an, Qinghai, Chongqing, Changsha, and Guiyang. Entering text into the input field will update the search result below. Besides electric cars, BYDs other products include electric bikes, rechargeable batteries, and solar panels. Even though it is not as well-known as some of its peers, its shares still experienced strong gains over the last year, and in absolute terms, they look expensive. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. A value under 20 is generally considered good. To subscribe to this RSS feed, copy and paste this URL into your RSS reader. The company operates in the automotive business through its subsidiary, BYD Auto. Similar to BYDs battery production capacity, its vehicle factories have enough unused capacity to meet future demand. That's all I can contribute During the three months, its revenues increased by 108.31% Y/Y to 41 billion yuan ($6.32 billion), while its net profit increased by 110.7% Y/Y to 237.4 million yuan ($36.5 million). Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Li Auto delivered 12,759 vehicles in the first quarter while XPeng delivered 5,102 vehicles in March which took its Q1 2021 deliveries to 13,340. Beyond China, BYD has bus factories in Brazil, Canada, the U.S., and Europe. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. I have no business relationship with any company whose stock is mentioned in this article. IGBTs are expensive, and not many companies produce them, though the global market for IGBTs is currently ~$1.5B, and is expected to quadruple in the next five years. 3. have any clue as to why the stocks have performed so poorly lately (worse than the markets in general). BYD stock has soared in 2020 but there appears to be more room for the stock to keep climbing. BYD also diversified into making face masks when the COVID-19 pandemic started. * indicates the important links in the menu. NIO delivered 7,257 electric cars in March which took its Q1 2021 deliveries to 20,060 which was ahead of its guidance. Still, compared to many of the EV pure-plays, BYD looks like an absolute bargain. The 1 week price change reflects the collective buying and selling sentiment over the short-term. I am told BYD will make things easier/clearer when it spins off its battery unit and IGBT semiconductor unit, though if they only list on STAR, HK, SZ, Shanghai, and not in U.S./OTC (which is the new retaliatory trend for Chinese companies), it will be difficult for many U.S. investors to own the spin-offs. Asking for help, clarification, or responding to other answers. BYD trades under two ticker symbols on the OTC markets, BYDDFand BYDDY. The difference is that BYDDY is the ADR of BYD stock, while BYDDF is its H-shares and BYDDY trades at roughly twice what BYDDF trades at. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. A tremendous advantage BYD has over other battery producers is the new Blade Battery production lines it is quickly ramping in China to meet demand. BYD, with an EV sales run rate of about 220,000 vehicles and a relatively comparable model lineup, would see its passenger EV business be valued at about $200 billion at a similar multiple. You can buy any of the stock versions because they represent the same company. 2023 InvestorPlace Media, LLC. In addition, one of the major investors of BYD is Warren Buffett's Berkshire Hathaway, which holds an 8.2% stake in the company that was purchased back in 2008 for $232 million. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. BYDDF, XPEV, and NIO have recently taken the reins from TSLA. This is also useful to know when comparing a stock's daily volume (which can be found on a ticker's hover-quote) to that of its average volume. First, BYD is a battery producer that does not only use the batteries it manufactures for its own EVs, but also sells batteries to other OEMs on top of that. I wrote this article myself, and it expresses my own opinions. BYDDF vs BYDDY : r/wallstreetbets - Reddit Only BYD has the ability to produce beyond passenger electric vehicles, and also the batteries to do so. stocks. Byd Co. (BYDDY) (Delayed Data from OTC) $60.65 USD -1.32 (-2.13%) Updated Apr 28, 2023 03:59 PM ET Add to portfolio Zacks Rank: 1-Strong Buy 1 Style Scores: C Value | D Growth | D Momentum | D. BYD Co., Ltd. engages in the research, development, manufacture, and sale of rechargeable batteries and photovoltaic business. Value Style - Learn more about the Value Style. The company operates in the automotive business through its subsidiary, BYD Auto. Chinese EV companies have been waiting for their chance to enter the U.S. market, and with a new president who embraces EVs and acknowledges Chinas technological success, their time may be here. The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. These returns cover a period from January 1, 1988 through April 3, 2023. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. BYD saw its shares rise as well, but not to the same degree as Tesla, NIO, and many others. Now that the CCPs Central Committee has given more detail in Chinas Five-Year Plan, we estimate 6.2 million NEVs sold in 2025 in China, which would meet Chinas goals of 20% of new vehicle sales being NEVs. And, of course, the 4 week change helps put the 1 week change into context. In 2018, California approved a ban on diesel bus sales by 2029, and committed to a 100% zero emissions fleet by 2040. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. If you wish to go to ZacksTrade, click OK. a decent size positon." When "I viewed all holdings" on ARKQ, I see BYDDY listed as UNsponsored. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. That is a 33% cost reduction from battery and IGBT costs alone for BYD compared to the best-selling EV model in the world. First of all, the company doesn't release 10-K and 10-Q filings, as its stock is not trading directly on major American stock exchanges, and as a result, the company is not regulated directly by the SEC. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. It also operates in North America via its U.S. headquarters in Los Angeles, Calif. Why does Rolls Royce have 4 separate tickers, on OTC Markets? At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Visit www.zacksdata.com to get our data and content for your mobile app or website. BYD has released its delivery report for March and Q1 2021. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). Since last months article, the CCP has announced the summary of the 14th Five-Year Plan, and the message is clear: China wants to be self-reliant when it comes to technological innovation, and green technology is the focus. I am not receiving compensation for it (other than from Seeking Alpha). I do much more than just articles at Cash Flow Kingdom: Members get access to model portfolios, regular updates, a chat room, and more. None of the other automakers produce their own batteries (have I mentioned that? This will have them working together to create an EV similar to the Toyota Corolla. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. That said, the company is a strong player in the Chinese EV market. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. BYD can't be described as inexpensive at all. I have since visited the HQ 14 times, toured its largest battery factory in Kengzi, Shenzhen twice, toured dozens of its other factories across China, been to its offices in Los Angeles and New York City multiple times, and toured the Lancaster, CA bus factory. Within the VGM Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy srocks with the highest probability of success. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. It is not yet known whether the current leaders in the EV space will remain the top performers for years or decades in terms of market share, but it seems pretty obvious that EV adoption, overall, will continue to grow. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. How to invest in byd? (2023) BYD (OTCPK:BYDDF, OTCPK:BYDDY) released its third quarter earnings, where net income was up 781% Y/Y and EPS up 3,000% Y/Y. The Five-Year Plan stresses the role of commercial NEVs in meeting the 20% of new total sales. Many other growth items are considered as well. The Current Ratio is defined as current assets divided by current liabilities. BYDDF is traded on Hong Kong Stock Exchange." When I Googled this, I saw "ARKQ (ETF) is holding BYD/BYDDF. Both are traded Over the Counter (OTC). It sold a total of 16,301 battery-powered EVs in the month. AutoNation (AN) Q1 Earnings Surpass Estimates, Sales Miss, Harrow Health and CDW have been highlighted as Zacks Bull and Bear of the Day, Volkswagen (VWAGY) Appears Well-Poised for EV Supremacy. This initiative will help accelerate the transition from diesel to electric buses in the U.S. As of July, BYD buses in the U.S. had logged 13 million miles of zero-emission operations, which is the distance of 520 trips around the world. NIO stock also rose over 1,100 percent in 2020 which was ahead of Teslas 740 percent rise in the year. Since my Seeking Alpha article BYD: Step Aside, Tesla last month, a lot has changed that will only add to BYDs bright future ahead. Why is NO ONE talking about BYD here. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. The Investment Community where "Cash Flow is King". Commercial electric vehicles don't get a lot of attention, but there is a lot of potential for disrupting that industry eventually. While companies like NIO and Tesla get most of the attention, and therefore stretched valuations, BYD looks like a good stock to have in the portfolio. Only a few EVs currently use IGBTs, which is a cross between the bipolar and MOSFET transistors that typically older EV platforms like Tesla still use. While a Biden Administration is certainly good news for the future of the U.S., it will still be far behind China in terms of addressing climate change. Stack Exchange network consists of 181 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. How good is it? Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. However, from a valuation perspective, BYD is the cheapest as compared to NIO, XPeng, as well as Li Motors. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Founded in 2003, the company is a leading player in Asia. I wrote this article myself, and it expresses my own opinions. So be sure to compare it to its group when comparing stocks in different industries. Electric vehicles are here to stay; no longer is that disputed. It is used to help gauge a company's financial health. One of the major investors of BYD is. This has been, still is, and certainly will continue to be what differentiates BYD the most. On top of that, while there are certain risks with investing in the Chinese companies, BYD has a proven track record of creating shareholder value for more than a decade and one of its major shareholders is Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B), which has more than quadrupled its investment since opening a stake in the company back in 2008. Should You Follow Warren Buffett and Buy BYD (BYDDF) Stock? Looking at the company's sales performance on a year-over-year basis, we see that BYD has grown its EV deliveries by about 150% between Q1 2020 and Q1 2021. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. BYD Company is a China-based vehicle maker that mainly focuses on manufacturing automobiles. Berkshire Hathaway chairman and legendary value investor are among the investors of Chinese electric vehicle company BYD (BYDDF). BYDDF is traded on Hong Kong Stock Exchange" Where did that quote come from? Hi guys,in this video I want to clarify the question what the difference between the two BYD tickers BYDDF and BYDDY is. Especially in huge cities where air pollution is a serious concern, such as in parts of China, growing e-bus adoption seems very likely. Entering text into the input field will update the search result below, ) is an under-followed Chinese EV maker that is active in a range of other businesses as well, and which has Buffett's Berkshire Hathaway (, ) as one of its top shareholders. A higher number is better than a lower number. After last weeks article, many people commented that they didnt know which BYD tickers they should buy. When you take a step back, though, the most important part of the company is that BYD makes the batteries for all of its vehicles, which no other automaker does. Building off its success in the European electric bus market, BYD plans to start selling the electric versions of Han and Tang in Norway next January. As states and municipalities become more environmentally conscious and frugal, they are starting to buy electric buses to reduce their carbon footprint. This is why Tesla is striving to one-day make its own batteries. It's also commonly referred to as a 'liquidity ratio'. Both Li Auto and XPeng listed in 2020 only and delivered stellar returns. This new EV will be exclusive to the Chinese automotive market. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? Horizontal and vertical centering in xltabular.
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