1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
BYD is the largest new energy vehicle, or NEV, manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 100,000-CNY 300,000 price range.
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China’s passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of 002594’s competitive advantage.
BYD Co Ltd Class A
XSHE: 002594
| Tesla Inc
XNAS: TSLA
| XPeng Inc Class A
XHKG: 09868
| Li Auto Inc Ordinary Shares - Class A
XHKG: 02015
| |
Price
| 260.51 | 244.40 | 38.40 | 123.10 |
Currency
| CNY | USD | HKD | HKD |
Change
| +$2.51 (0.97%) | +$9.54 (4.06%) | +$3.85 (11.14%) | −$2.00 (1.60%) |
Market Cap
| 758.38 Bil | 774.63 Bil | 66.30 Bil | 240.58 Bil |
Industry
| Auto Manufacturers | Auto Manufacturers | Auto Manufacturers | Auto Manufacturers |
Sector
|
Consumer Cyclical
|
Consumer Cyclical
|
Consumer Cyclical
|
Consumer Cyclical
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. 002594 has a forward dividend yield of 0.04%.
See
002594’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
002594’s market cap is 758.38 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
002594’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
002594’s price/sales is 1.58.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
002594’s price/forward earnings is 37.66.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
002594’s price/book is 6.50.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See 002594’s valuation ratios compared to the Market Index.
002594’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare 002594’s historical performance against its industry peers and the overall market.
