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Profile & Fundamentals

BYD (1211.HKEX) Profile & Fundamentals

Review BYD reported earnings, valuation, balance sheet and ownership, with source tables and separate AI assessments.

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Company and Market Context

BYD: Company Profile & Ownership

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. It operates in two segments, Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products. The Mobile Handset Components, Assembly Service and Other Products segment manufactures and sells mobile handset components, such as housings and electronic components, and provides assembly services. Its Automobiles and Related Products and Other Products segment is involved in the manufacturing and sale of automobiles, and auto-related molds and components; provision of automobile leasing and after sales services, automobile power batteries, lithium-ion batteries, photovoltaic, and iron battery products; and rail transport and related business. The company develops urban rail transportation business. BYD Company Limited was founded in 1994 and is headquartered in Shenzhen, China.

Company profile record

BYD Company Limited

Common Stock · Consumer Discretionary · Automobile Manufacturers

Official website

Company

Company / asset: BYD Company Limited
Security type: Common Stock
Sector: Consumer Discretionary
Industry: Automobile Manufacturers
HQ: 🇨🇳 China
Head office: No.3009, BYD Road, Shenzhen, China, 518118

Leadership & scale

Chief executive: Mr. Chuan-Fu Wang
CEO year born: 1966
Full-time employees: 911.9K
Fiscal year end: December
IPO date: 2002-07-31

Fundamentals snapshot

Updated 2026-09-02

Market Cap: HKD 675.2B
P/E: 18.6x
Revenue (Q3 26): CNY 221.5B
Profit (Q3 26): CNY 10.0B
Dividend Yield: 0.5%
Revenue (FY 25): CNY 804.0B
Shares in public float: 6.1B
Insider ownership: 0.12%

Reporting & identifiers

Symbol: 1211.HKEX
Listing: 🇭🇰 Hong Kong | Dividend Tax: 10%
Ticker Currency: HKD
Income Statement Currency: CNY
Balance Sheet Currency: CNY
Cash Flow Currency: CNY
EPS Currency: CNY
Contract Type: SPOT
ISIN: CNE100000296
Asset ID: equity_f71be61b-f2c9-5c76-8d38-441026d9f9c6

BYD: Ownership

Shares Outstanding

Latest: 9.1B | Max: 9.3B | Min: 4.3B

Shares Outstanding

11.8B8.8B5.9B2.9B0.00

4.3B

6.8B

6.9B

7.2B

7.9B

8.7B

8.2B

8.7B

9.1B

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Market Capitalization

Monthly split-adjusted path from historic prices x shares outstanding (latest 20 years)

Latest: HKD 675.2B | Max: HKD 7.29T | Min: HKD 53.8B

HKD 7.44THKD 5.58THKD 3.72THKD 1.86THKD 0.00

'06'08'10'12'14'16'18'20'22'24'26

Latest reported ownership snapshot

Float Shares

66.73%

6.1B latest reported shares

Insider Ownership

0.12%

Latest reported insider stake

Short Float

--

Latest reported short interest / float

BYD: Earnings, Profitability & Valuation

Latest Financials Filed OnJun 30, 2026

Cash Flow: CNY→USD conversion reference as of Jun 30, 2026. Historical periods use their own dated rates.

Cash Flow: HKD→USD conversion reference as of Jun 30, 2026. Historical periods use their own dated rates.

Income Statement: CNY→USD conversion reference as of Jun 30, 2026. Historical periods use their own dated rates.

Income Statement: HKD→USD conversion reference as of Jun 30, 2026. Historical periods use their own dated rates.

Earnings & Revenue

Earnings and Revenue Trajectory

AI Review

Headline financial results show an intense domestic price war transitioning into an international earnings recovery. In fiscal 2025, consolidated revenue paused at CNY 773 billion while operating income dropped 56.6% to CNY 21.9 billion as aggressive discounting swept China. However, results through the first half of 2026 confirm that the earnings decline has bottomed out. Second-quarter 2026 net profit rebounded 29.1% year-on-year to CNY 8.21 billion, driven by international sales expanding to over 52% of total turnover. While domestic passenger car sales remain price-competitive, higher selling prices and fatter margins abroad are successfully stabilizing company earnings, establishing a more resilient, globally diversified profit base.

Revenue, Net Income, and Free Cash Flow

Latest: CNY 804.0B | Max: CNY 804.0B | Min: CNY -97.7B

RevenueFree Cash FlowNet Income

CNY 1.04TCNY 727.3BCNY 416.3BCNY 105.2BCNY 0.00CNY -205.9B

21.2B

-3.7B

1.6B

41.1B

4.7B

3.8B

48.8B

-3.4B

1.4B

52.9B

-3.3B

553.1M

80.0B

-8.4B

2.8B

105.9B

-8.4B

4.1B

127.7B

-5.9B

1.6B

216.1B

28.1B

3.0B

602.3B

47.6B

30.0B

804.0B

-97.7B

32.6B

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Valuation

P/E Ratio (TTM)iUses profile-aligned P/E logic. Recent annual bars and quarterly mode use trailing 4-quarter net income; older annual bars fall back to annual net income.

Latest: 19x

>100x86x57x29x0x

67x

>100x

19x

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Profitability & Margins

Margins and Operating Efficiency

AI Review

Profit margins tell two contrasting stories across domestic and international markets. Brutal domestic price wars compressed group gross margins to 15.04% in 2025, pulling operating margins down to 2.83%. However, gross margins rebounded to 18.85% in the first half of 2026 as international deliveries expanded. Looking beneath group numbers reveals the true driver: core automotive operations generated a robust 22.33% gross margin in early 2026, while low-margin electronic assembly weighed on group totals. Higher export vehicle prices are expanding profitability, ensuring the company avoids low-margin traps as localized foreign production increases.

Profitability Margins

Latest: 17.7% | Max: 23.4% | Min: -0.6%

Gross MarginOperating MarginNet Margin

29.7%21.4%13.1%4.8%0.0%-3.5%

20.0%

10.0%

7.6%

23.4%

10.1%

9.2%

17.2%

2.9%

2.8%

15.1%

0.2%

1.0%

16.6%

4.0%

3.5%

18.8%

5.1%

3.8%

16.2%

1.8%

1.3%

12.7%

2.1%

1.4%

18.2%

6.3%

5.0%

17.7%

5.0%

4.1%

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Latest Profitability Ratios as of 2026-09-30

Gross Margin

18.0%

Gross profit / revenue

Operating Margin

4.3%

Operating income / revenue

Net Margin

4.5%

Net income / revenue

FCF Margin

-11.5%

Free cash flow / revenue

EPS & Execution vs Expectations

EPS History

Actual EPS against consensus estimate from provider earnings history.

Actual vs Estimate

EPS currency: CNY

ActualEstimate

CNY8.38CNY4.19CNY0.00

+30.0%

-36.0%

-75.0%

-72.7%

-45.9%

-50.8%

-65.0%

-54.0%

+7.1%

+10.4%

-5.9%

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Explore EPS by period

Actual EPS: CNY 5.71
Estimated EPS: CNY 6.07
Earnings surprise: -5.9%

Tap a bar or choose a period to see its full values.

Execution vs Expectations

Then check whether management is consistently beating estimates and whether financing costs are becoming a drag.

Earnings Surprise Hit Rate

33.3%

Positive surprise share over last 6 quarters

Median EPS Surprise

-17.3%

Median surprise over last 6 quarters

Capital Expenditure & R&D

Capital allocation, capex, and R&D intensity after the EPS read.

Capital Allocation and Reinvestment Discipline

AI Review

Management has spent aggressively to build a global industrial footprint, committing 19.75% of revenue to capital expenditure in 2025. This massive cash deployment funded brand-new assembly factories in Hungary, Brazil, and Thailand, alongside advanced battery lines and specialized transport ships, pushing 2025 free cash flow to negative CNY 94.8 billion. This high spending represents front-loaded growth investments rather than wasted cash. As major overseas factories begin commercial vehicle assembly, annual spending is moderating back toward normal maintenance levels. This transition will gradually reduce heavy cash drain and release substantial operating cash for investors.

Capital Expenditures (Annual)iAnnual capital expenditures from cash-flow filings, shown as positive cash outflows.

Latest: CNY 156.8B

CNY 184.5BCNY 138.4BCNY 92.2BCNY 46.1BCNY 0.00

5.6B

7.3B

9.4B

5.8B

12.3B

14.8B

20.6B

37.3B

122.1B

156.8B

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Investment Intensity Trends

Latest: 7.2% | Max: 27.3% | Min: 1.3%

R&D IntensityCapex Intensity

34.4%25.8%17.2%8.6%0.0%

3.3%

26.4%

3.1%

17.8%

2.8%

19.3%

5.4%

10.9%

2.5%

15.4%

3.5%

14.0%

4.4%

16.1%

3.7%

17.3%

6.6%

20.3%

7.2%

19.5%

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Investment Intensity KPIs

Track capex and R&D pressure relative to revenue.

Capital Expenditures

CNY 156.8B

Latest annual

Capex Intensity

19.5%

Capex / revenue

R&D Intensity

7.2%

Research and development / revenue

Source tablesView earnings, profitability & valuation tables

Dataset curated by iPulse AI and published by Future Edge Group FZE. Reported records retain their source currencies; chart transformations and ratios are calculated separately. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Reported financial history

Annual and quarterly source records are ordered newest first. The document limits each statement to 10 annual and 12 quarterly periods to keep the page focused and crawlable.

Income statement history

Revenue and gross profit (1 of 3)

Period	Period type	Currency	Total Revenue	Cost Of Revenue	Gross Profit	Research Development	Selling General Administrative
Sep 30, 2026	Quarterly	CNY	221,454,220,000	181,573,807,000	39,880,414,000	12,967,993,000	13,802,959,000
Jun 30, 2026	Quarterly	CNY	194,590,107,000	157,853,239,000	36,736,868,000	11,963,586,000	5,282,382,000
Mar 31, 2026	Quarterly	CNY	150,225,314,000	121,973,620,000	28,251,694,000	11,343,566,000	5,083,054,000
Dec 31, 2025	Annual	CNY	803,964,958,000	661,305,161,000	142,659,797,000	57,978,105,000	20,199,944,000
Dec 31, 2025	Quarterly	CNY	237,699,412,000	196,251,509,000	41,447,903,000	14,229,658,000	4,931,832,000
Sep 30, 2025	Quarterly	CNY	194,984,598,000	159,417,157,000	35,567,441,000	14,152,081,000	4,881,845,000
Jun 30, 2025	Quarterly	CNY	200,920,500,000	168,239,704,000	32,680,796,000	15,373,360,000	5,480,399,000
Mar 31, 2025	Quarterly	CNY	170,360,448,000	136,175,385,000	34,185,063,000	14,223,006,000	4,905,868,000
Dec 31, 2024	Annual	CNY	777,102,455,000	626,046,616,000	151,055,839,000	53,194,745,000	1,564,017,000
Dec 31, 2024	Quarterly	CNY	274,851,143,000	228,093,053,000	46,758,090,000	19,875,537,000	10,845,475,000
Sep 30, 2024	Quarterly	CNY	201,124,599,000	157,093,581,000	44,031,018,000	13,698,452,000	11,714,346,000
Jun 30, 2024	Quarterly	CNY	176,182,316,000	147,091,226,000	29,091,090,000	9,010,102,000	3,926,460,000
Mar 31, 2024	Quarterly	CNY	124,944,397,000	99,074,282,000	25,870,115,000	10,610,654,000	3,768,509,000
Dec 31, 2023	Annual	CNY	602,315,354,000	492,643,798,000	109,671,556,000	39,574,945,000	13,461,708,000
Dec 31, 2023	Quarterly	CNY	180,040,516,000	153,917,129,000	26,123,387,000	14,636,566,000	3,181,514,000
Dec 31, 2022	Annual	CNY	424,060,635,000	352,649,689,000	71,410,946,000	18,654,453,000	10,007,370,000
Dec 31, 2021	Annual	CNY	216,142,395,000	188,705,392,000	27,437,003,000	7,990,974,000	5,710,193,000
Dec 31, 2020	Annual	CNY	156,597,691,000	126,750,598,000	29,847,093,000	7,464,861,000	4,321,493,000
Dec 31, 2019	Annual	CNY	127,738,523,000	107,076,984,000	20,661,539,000	5,629,372,000	4,140,997,000
Dec 31, 2018	Annual	CNY	130,054,707,000	108,953,195,000	21,101,512,000	4,989,360,000	3,760,412,000
Dec 31, 2017	Annual	CNY	105,914,702,000	86,007,732,000	19,906,970,000	3,739,491,000	3,046,592,000
Dec 31, 2016	Annual	CNY	103,469,997,000	82,757,936,000	20,712,061,000	3,171,694,000	6,742,773,000

Operating performance (2 of 3)

Period	Period type	Currency	Total Operating Expenses	Operating Income	Ebit	Ebitda	Interest Expense
Sep 30, 2026	Quarterly	CNY	30,343,856,000	9,536,558,000	12,982,623,000	9,536,558,000	895,640,000
Jun 30, 2026	Quarterly	CNY	26,689,179,000	10,047,689,000	14,096,663,000	33,688,057,000	951,756,000
Mar 31, 2026	Quarterly	CNY	23,555,805,000	4,695,889,000	7,175,870,000	26,154,867,000	960,697,000
Dec 31, 2025	Annual	CNY	102,475,088,000	40,184,709,000	42,304,706,000	120,875,300,000	2,551,657,000
Dec 31, 2025	Quarterly	CNY	30,168,833,000	11,279,070,000	11,913,304,000	30,998,841,000	820,101,000
Sep 30, 2025	Quarterly	CNY	25,381,311,000	10,186,130,000	12,527,089,000	28,136,041,000	761,670,000
Jun 30, 2025	Quarterly	CNY	24,981,936,000	7,698,860,000	6,118,901,000	24,774,735,000	368,886,000
Mar 31, 2025	Quarterly	CNY	23,164,414,000	11,020,649,000	-8,881,322,839	11,792,343,000	601,460,000
Dec 31, 2024	Annual	CNY	100,569,792,000	50,486,047,000	51,774,458,000	116,853,507,000	2,093,781,000
Dec 31, 2024	Quarterly	CNY	28,018,642,000	18,739,448,000	-261,876,507	18,783,411,000	422,243,000
Sep 30, 2024	Quarterly	CNY	29,607,695,000	14,423,323,000	14,423,323,000	14,646,849,000	555,478,000
Jun 30, 2024	Quarterly	CNY	17,566,300,000	11,524,790,000	10,343,899,000	25,154,410,000	536,162,000
Mar 31, 2024	Quarterly	CNY	20,071,629,000	5,798,486,000	5,486,840,000	15,959,859,000	579,524,000
Dec 31, 2023	Annual	CNY	71,568,461,000	38,103,095,000	34,628,146,000	76,520,220,000	2,001,106,000
Dec 31, 2023	Quarterly	CNY	14,657,578,000	11,465,809,000	9,222,744,000	19,695,763,000	480,482,000
Dec 31, 2022	Annual	CNY	49,869,127,000	21,541,819,000	21,078,904,000	40,783,096,000	1,417,276,000
Dec 31, 2021	Annual	CNY	22,805,011,000	4,631,992,000	6,422,779,000	20,230,949,000	1,890,889,000
Dec 31, 2020	Annual	CNY	22,761,320,000	7,085,773,000	11,396,994,000	23,714,879,000	3,243,891,000
Dec 31, 2019	Annual	CNY	18,349,251,000	2,312,288,000	4,749,038,000	14,332,797,000	4,018,136,000
Dec 31, 2018	Annual	CNY	16,859,752,000	4,241,760,000	5,429,295,000	14,829,845,000	3,475,613,000
Dec 31, 2017	Annual	CNY	14,496,419,000	5,410,551,000	6,860,786,000	13,944,824,000	2,349,639,000
Dec 31, 2016	Annual	CNY	14,862,527,000	5,849,534,000	8,123,552,000	15,151,121,000	1,798,850,000

Earnings and taxes (3 of 3)

Period	Period type	Currency	Income Before Tax	Income Tax Expense	Net Income	Depreciation And Amortization
Sep 30, 2026	Quarterly	CNY	12,084,988,000	1,876,517,000	10,018,031,000	Not reported
Jun 30, 2026	Quarterly	CNY	9,867,692,000	1,544,564,000	8,240,857,000	19,591,394,000
Mar 31, 2026	Quarterly	CNY	4,746,395,000	735,464,000	4,084,551,000	18,978,997,000
Dec 31, 2025	Annual	CNY	39,753,049,000	5,992,291,000	32,619,022,000	78,570,594,000
Dec 31, 2025	Quarterly	CNY	11,093,203,000	1,564,109,000	9,285,849,000	19,085,537,000
Sep 30, 2025	Quarterly	CNY	9,749,831,000	1,557,106,000	7,822,640,000	15,608,952,000
Jun 30, 2025	Quarterly	CNY	7,719,132,000	1,123,333,000	6,355,548,000	18,655,834,000
Mar 31, 2025	Quarterly	CNY	11,190,883,000	1,747,743,000	9,154,985,000	20,673,665,839
Dec 31, 2024	Annual	CNY	49,680,677,000	8,092,737,000	40,254,346,000	65,079,049,000
Dec 31, 2024	Quarterly	CNY	18,361,168,000	3,020,776,000	15,016,231,000	19,045,287,507
Sep 30, 2024	Quarterly	CNY	14,091,371,000	1,957,039,000	11,606,858,000	223,526,000
Jun 30, 2024	Quarterly	CNY	11,510,773,000	2,168,436,000	9,062,464,000	14,810,511,000
Mar 31, 2024	Quarterly	CNY	5,717,365,000	946,486,000	4,568,793,000	10,473,019,000
Dec 31, 2023	Annual	CNY	37,268,637,000	5,924,567,000	30,040,811,000	41,892,074,000
Dec 31, 2023	Quarterly	CNY	11,203,232,000	2,185,589,000	8,673,915,000	10,473,019,000
Dec 31, 2022	Annual	CNY	21,079,729,000	3,366,625,000	16,622,448,000	19,704,192,000
Dec 31, 2021	Annual	CNY	4,518,003,000	550,737,000	3,045,188,000	13,808,170,000
Dec 31, 2020	Annual	CNY	6,882,587,000	868,624,000	4,234,267,000	12,317,885,000
Dec 31, 2019	Annual	CNY	2,431,131,000	312,274,000	1,614,450,000	9,583,759,000
Dec 31, 2018	Annual	CNY	4,385,640,000	829,447,000	2,780,194,000	9,400,550,000
Dec 31, 2017	Annual	CNY	5,620,641,000	703,705,000	4,066,478,000	7,084,038,000
Dec 31, 2016	Annual	CNY	6,568,410,000	1,088,398,000	5,052,154,000	7,027,569,000

Cash flow history

Operating cash flow (1 of 3)

Period	Period type	Currency	Net Income	Depreciation	Total Cash From Operating Activities	Capital Expenditures	Free Cash Flow
Sep 30, 2026	Quarterly	CNY	10,018,031,000	Not reported	17,653,210,000	43,138,200,000	-25,484,990,000
Jun 30, 2026	Quarterly	CNY	8,205,816,000	20,153,283,000	34,595,356,000	22,640,476,000	11,903,963,000
Mar 31, 2026	Quarterly	CNY	4,047,636,000	Not reported	2,790,305,000	22,062,590,000	-19,272,285,000
Dec 31, 2025	Annual	CNY	33,760,758,000	78,570,594,000	59,135,544,000	156,807,853,000	-97,672,309,000
Dec 31, 2025	Quarterly	CNY	9,529,094,000	19,085,537,000	18,290,046,000	41,874,569,000	-23,584,523,000
Sep 30, 2025	Quarterly	CNY	7,820,000,000	20,986,304,000	9,408,000,000	35,398,000,000	-25,990,000,000
Jun 30, 2025	Quarterly	CNY	6,642,940,678	19,247,435,292	23,252,510,000	43,248,029,000	-19,995,519,000
Mar 31, 2025	Quarterly	CNY	9,154,985,000	19,251,318,000	8,580,961,000	37,276,487,000	-28,695,526,000
Dec 31, 2024	Annual	CNY	41,587,940,000	65,079,049,000	133,453,873,000	97,359,768,000	36,094,105,000
Dec 31, 2024	Quarterly	CNY	16,239,117,423	17,679,740,000	77,180,558,000	27,842,121,000	49,338,437,000
Sep 30, 2024	Quarterly	CNY	12,629,973,269	17,603,550,000	42,095,005,000	22,291,986,000	-22,291,986,000
Jun 30, 2024	Quarterly	CNY	9,062,464,000	15,858,407,000	3,950,326,000	21,131,312,000	-17,180,986,000
Mar 31, 2024	Quarterly	CNY	4,568,793,000	15,816,868,000	10,227,984,000	26,094,349,000	-15,866,365,000
Dec 31, 2023	Annual	CNY	31,344,070,000	43,282,572,000	169,725,025,000	122,093,509,000	47,631,516,000
Dec 31, 2023	Quarterly	CNY	8,673,915,000	12,699,116,000	71,864,737,000	21,126,755,000	50,737,982,000
Dec 31, 2022	Annual	CNY	17,713,104,000	20,285,924,000	140,837,657,000	97,456,862,000	43,380,795,000
Dec 31, 2021	Annual	CNY	3,967,266,000	14,078,525,000	65,466,682,000	37,343,609,000	28,123,073,000
Dec 31, 2020	Annual	CNY	6,013,963,000	12,485,170,000	45,392,668,000	11,774,094,000	33,618,574,000
Dec 31, 2019	Annual	CNY	2,118,857,000	9,795,125,000	14,741,007,000	20,627,160,000	-5,886,153,000
Dec 31, 2018	Annual	CNY	3,556,193,000	9,398,685,000	12,522,909,000	17,842,390,000	-5,319,481,000
Dec 31, 2017	Annual	CNY	4,916,936,000	7,084,038,000	6,367,887,000	14,776,561,000	-8,408,674,000
Dec 31, 2016	Annual	CNY	5,480,012,000	7,027,569,000	-1,845,571,000	13,053,450,000	-14,899,021,000

Investment and free cash flow (2 of 3)

Period	Period type	Currency	Total Cashflows From Investing Activities	Dividends Paid	Sale Purchase Of Stock	Net Borrowings	Total Cash From Financing Activities
Sep 30, 2026	Quarterly	CNY	-14,141,520,000	34,228,000	Not reported	-20,772,213,000	-29,253,516,000
Jun 30, 2026	Quarterly	CNY	-35,320,873,000	374,787,000	-9,039,752,000	-18,746,118,000	-16,673,362,000
Mar 31, 2026	Quarterly	CNY	-20,249,591,000	-709,307,000	Not reported	25,278,161,000	23,061,209,000
Dec 31, 2025	Annual	CNY	-197,463,109,000	13,687,069,000	-3,985,206,000	84,783,398,000	104,613,870,000
Dec 31, 2025	Quarterly	CNY	-69,891,765,000	692,663,000	14,026,343,000	12,460,618,000	2,951,164,000
Sep 30, 2025	Quarterly	CNY	-51,800,000,000	12,994,406,000	40,074,768,000	Not reported	50,418,000,000
Jun 30, 2025	Quarterly	CNY	-41,756,026,000	296,743,000	-14,026,343,000	9,610,818,000	11,657,473,000
Mar 31, 2025	Quarterly	CNY	-32,739,721,000	177,469,000	40,074,971,000	922,121,000	38,000,266,000
Dec 31, 2024	Annual	CNY	-129,082,282,000	9,636,015,000	-400,028,000	-9,480,029,000	-10,267,547,000
Dec 31, 2024	Quarterly	CNY	-42,431,734,000	56,932,000	98,000,000	-9,737,487,000	1,693,906,000
Sep 30, 2024	Quarterly	CNY	-30,776,473,000	9,245,325,000	98,000,000	10,684,592,000	396,971,000
Jun 30, 2024	Quarterly	CNY	-28,604,477,000	101,576,000	Not reported	-5,994,362,000	-7,174,881,000
Mar 31, 2024	Quarterly	CNY	-27,269,598,000	232,182,000	Not reported	Not reported	-5,183,543,000
Dec 31, 2023	Annual	CNY	-125,663,644,000	-3,974,320,000	98,000,000	18,073,144,000	12,817,127,000
Dec 31, 2023	Quarterly	CNY	-31,260,161,000	471,817,000	Not reported	Not reported	12,560,908,000
Dec 31, 2022	Annual	CNY	-120,595,997,000	-1,553,388,000	-1,809,920,000	-16,412,946,000	-19,488,683,000
Dec 31, 2021	Annual	CNY	-45,403,992,000	2,433,372,000	-1,100,000,000	-17,006,426,000	16,062,517,000
Dec 31, 2020	Annual	CNY	-14,444,248,000	3,631,253,000	-3,300,000,000	-24,489,908,000	-28,907,418,000
Dec 31, 2019	Annual	CNY	-20,881,446,000	4,238,260,000	Not reported	9,879,385,000	6,610,345,000
Dec 31, 2018	Annual	CNY	-14,230,760,000	3,917,688,000	Not reported	9,507,781,000	3,916,511,000
Dec 31, 2017	Annual	CNY	-15,964,084,000	3,148,083,000	-3,200,000,000	14,283,484,000	11,167,824,000
Dec 31, 2016	Annual	CNY	-13,442,642,000	3,156,943,000	14,473,000,000	4,532,157,000	16,270,217,000

Financing and distributions (3 of 3)

Period	Period type	Currency	Change In Cash	End Period Cash Flow	Change In Working Capital	Stock Based Compensation
Sep 30, 2026	Quarterly	CNY	-27,180,841,000	31,169,510,000	Not reported	Not reported
Jun 30, 2026	Quarterly	CNY	-17,789,404,000	55,619,085,000	Not reported	Not reported
Mar 31, 2026	Quarterly	CNY	5,013,292,000	73,408,489,000	Not reported	Not reported
Dec 31, 2025	Annual	CNY	-33,861,345,000	68,395,197,000	-48,770,334,000	Not reported
Dec 31, 2025	Quarterly	CNY	-49,070,979,000	68,395,197,000	-35,876,465,000	Not reported
Sep 30, 2025	Quarterly	CNY	7,731,000,000	119,722,000,000	-104,450,596,000	Not reported
Jun 30, 2025	Quarterly	CNY	-6,501,832,000	109,716,780,000	-10,815,869,000	Not reported
Mar 31, 2025	Quarterly	CNY	13,962,070,000	116,218,612,000	-34,657,187,000	Not reported
Dec 31, 2024	Annual	CNY	-6,255,203,000	102,256,542,000	18,291,311,000	Not reported
Dec 31, 2024	Quarterly	CNY	36,446,881,000	102,256,542,000	-110,404,074,000	Not reported
Sep 30, 2024	Quarterly	CNY	11,583,089,000	65,809,661,000	-84,333,129,000	Not reported
Jun 30, 2024	Quarterly	CNY	-31,952,176,000	54,226,572,000	Not reported	273,920,000
Mar 31, 2024	Quarterly	CNY	-22,332,997,000	86,178,748,000	Not reported	Not reported
Dec 31, 2023	Annual	CNY	57,329,288,000	108,511,745,000	91,094,036,000	872,189,000
Dec 31, 2023	Quarterly	CNY	53,245,752,000	108,511,745,000	-20,243,293,000	872,189,000
Dec 31, 2022	Annual	CNY	1,362,597,000	51,182,457,000	97,849,083,000	466,287,000
Dec 31, 2021	Annual	CNY	36,081,362,000	49,819,860,000	44,083,278,000	116,389,000
Dec 31, 2020	Annual	CNY	2,064,201,000	13,738,498,000	21,399,197,000	74,297,000
Dec 31, 2019	Annual	CNY	523,240,000	11,674,297,000	-1,720,983,000	Not reported
Dec 31, 2018	Annual	CNY	2,215,103,000	11,151,057,000	-4,360,512,000	Not reported
Dec 31, 2017	Annual	CNY	1,577,360,000	8,935,954,000	-8,361,541,000	Not reported
Dec 31, 2016	Annual	CNY	1,079,063,000	7,358,594,000	-17,394,544,000	Not reported

BYD: Balance Sheet

Balance Sheet Filed OnJun 30, 2026

Balance Sheet: CNY→USD conversion reference as of Jun 30, 2026. Historical periods use their own dated rates.

Balance Sheet: HKD→USD conversion reference as of Jun 30, 2026. Historical periods use their own dated rates.

Capital Structure

Read the long-term funding picture from the history chart and the latest leverage mix together.

Balance Sheet and Liquidity Strength

AI Review

The company maintains a massive asset base of CNY 890 billion supported by CNY 228 billion in equity. While headline cash reserves appear solid, the balance sheet relies heavily on supplier trade payables to fund operations, which keeps the current ratio at 0.79 and quick ratio at 0.48. This working-capital setup is typical for large automakers, but it creates vulnerability if car sales slow down or suppliers demand faster payment. Nevertheless, comfortable interest coverage of nearly eight times and strong domestic banking credit provide sufficient defensive cushion to navigate international expansion safely.

Assets, Debt, and Stockholder Equity

Latest: CNY 883.7B | Max: CNY 883.7B | Min: CNY 3.4B

Total AssetsStockholder EquityTotal Debt

CNY 1.11TCNY 835.1BCNY 556.7BCNY 278.4BCNY 0.00

29.3B

10.7B

8.1B

40.4B

16.7B

3.4B

65.6B

21.1B

17.1B

78.0B

21.7B

21.1B

115.5B

32.3B

31.2B

177.6B

54.6B

46.6B

195.6B

56.8B

62.8B

295.8B

95.1B

22.4B

679.5B

138.8B

39.1B

883.7B

246.3B

119.1B

'06

'07

'08

'09

'10

'11

'12

'13

'14

'15

'16

'17

'18

'19

'20

'21

'22

'23

'24

'25

Debt / Equity

0.5x (Low)

Conservative leverage.

Equity Ratio

27.9% (Medium)

Stockholder equity / total assets

Liability Ratio

70.7% (High)

Total liabilities / total assets

Long-term vs Short Term Debt Share

LT: 55.2% | ST: 44.8% (Medium)

Long-term debt / total debt

Tangibility Ratio

39.6% (High)

Asset base leans physical.

Liquidity and Leverage

Keep the liquidity stack and the latest coverage ratios under one shared heading.

Liquidity Stack: Nested CompositioniCash: cash and equivalents only. Liquidity (default outer bar): cash + short term holdings. All Holdings (optional outer shell): broad balance-sheet holdings proxy from total assets (fallback total investments), used for context and not a cash-like measure.

Cash + Short TermCash

CNY 143.3BCNY 107.4BCNY 71.6BCNY 35.8BCNY 0.00

1.7B1.7B

5.6B5.5B

2.2B1.7B

2.3B2.3B

1.9B1.9B

4.0B4.0B

3.7B3.7B

5.6B5.4B

4.6B4.5B

6.6B6.6B

7.9B7.7B

9.9B9.9B

13.1B13.1B

12.7B12.7B

14.4B14.4B

56.1B50.5B

72.1B51.5B

118.7B109.1B

143.3B102.7B

130.0B75.4B

'06'07'08'09'10'11'12'13'14'15'16'17'18'19'20'21'22'23'24'25

All Holdings

CNY 883.7B

Broad balance-sheet holdings proxy for context

Cash + Short Term Holdings

CNY 130.0B

Primary total liquidity figure (cash and equivalents + short term holdings)

Cash (Standalone)

CNY 75.4B

Cash and equivalents only; excludes short term investments

Short Term Investments

CNY 54.5B

Treasury-like liquid holdings and similar instruments

Current Ratio

0.8x (Low)

Short term liquidity may be stretched.iFormula: Current Ratio = Current Assets / Current Liabilities. Includes inventory and other current assets.

Quick Ratio

0.4x (Low)

Short term liquidity may be stretched.iFormula: Quick Ratio = (Cash + Short Term Investments + Receivables) / Current Liabilities. Excludes inventory.

Retained Earnings

Cumulative profits kept in the business after dividends, buybacks, and other equity distributions.

Retained EarningsiRetained earnings are cumulative profits kept in the company after shareholder distributions. Negative values can reflect large buybacks, dividends, or accumulated losses exceeding retained profits.

Latest: CNY 116.1B

CNY 136.8BCNY 97.6BCNY 58.4BCNY 19.2BCNY 0.00CNY -20.1B

701.4M

7.6B

10.2B

10.5B

13.1B

18.8B

21.1B

26.5B

67.1B

116.1B

'06'07'08'09'10'11'12'13'14'15'16'17'18'19'20'21'22'23'24'25

Retained Earnings

CNY 116.1B

Negative can reflect buybacks, dividends, or losses exceeding cumulative retained profits.

Source tablesView balance sheet, liquidity & leverage tables

Dataset curated by iPulse AI and published by Future Edge Group FZE. Reported records retain their source currencies; chart transformations and ratios are calculated separately. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Reported financial history

Annual and quarterly source records are ordered newest first. The document limits each statement to 10 annual and 12 quarterly periods to keep the page focused and crawlable.

Balance sheet history

Liquidity and current assets (1 of 4)

Period	Period type	Currency	Cash	Short Term Investments	Net Receivables	Inventory	Total Current Assets	Property Plant And Equipment Net
Sep 30, 2026	Quarterly	CNY	30,971,879,000	40,714,234,000	71,765,923,000	221,462,156,000	421,699,449,000	355,997,687,000
Jun 30, 2026	Quarterly	CNY	58,727,111,000	79,033,263,000	94,714,548,000	189,955,981,000	435,513,725,000	353,342,170,000
Mar 31, 2026	Quarterly	CNY	75,786,508,000	53,754,642,000	52,745,336,000	160,413,531,000	395,764,930,000	348,722,715,000
Dec 31, 2025	Annual	CNY	75,424,747,000	54,532,541,000	46,807,431,000	138,420,580,000	371,467,558,000	350,152,485,000
Dec 31, 2025	Quarterly	CNY	75,424,747,000	54,532,541,000	46,807,431,000	138,420,580,000	371,467,558,000	350,152,485,000
Sep 30, 2025	Quarterly	CNY	119,722,000,000	55,523,000,000	51,769,000,000	152,970,000,000	430,184,000,000	334,307,000,000
Jun 30, 2025	Quarterly	CNY	111,734,283,000	35,694,505,000	43,381,542,000	140,839,351,000	390,635,460,000	326,066,839,000
Mar 31, 2025	Quarterly	CNY	117,406,726,000	35,984,229,000	64,040,708,000	154,373,616,000	409,994,229,000	305,730,438,000
Dec 31, 2024	Annual	CNY	102,738,734,000	40,511,496,000	78,167,997,000	116,036,237,000	370,572,244,000	292,816,717,000
Dec 31, 2024	Quarterly	CNY	102,738,734,000	40,511,496,000	78,167,997,000	116,036,237,000	370,572,244,000	292,816,717,000
Sep 30, 2024	Quarterly	CNY	66,319,375,000	25,415,146,000	113,309,383,000	124,358,648,000	362,098,716,000	290,618,745,000
Jun 30, 2024	Quarterly	CNY	53,053,301,000	17,388,054,000	85,325,469,000	112,753,013,000	298,431,610,000	283,474,599,000
Mar 31, 2024	Quarterly	CNY	86,796,529,000	9,384,994,000	73,219,042,000	98,778,886,000	292,893,774,000	281,410,121,000
Dec 31, 2023	Annual	CNY	109,094,408,000	9,562,550,000	72,849,174,000	87,676,748,000	302,121,446,000	275,308,972,000
Dec 31, 2023	Quarterly	CNY	109,094,408,000	9,562,550,000	72,849,174,000	87,676,748,000	302,121,446,000	275,308,972,000
Dec 31, 2022	Annual	CNY	51,471,263,000	20,626,930,000	67,185,785,000	79,107,199,000	240,803,507,000	179,639,631,000
Dec 31, 2021	Annual	CNY	50,457,097,000	5,606,052,000	54,898,539,000	43,354,782,000	166,110,189,000	83,071,906,000
Dec 31, 2020	Annual	CNY	14,445,030,000	24,000	56,475,558,000	31,396,358,000	111,605,110,000	61,642,132,000
Dec 31, 2019	Annual	CNY	12,650,083,000	34,345,000	59,530,270,000	25,571,564,000	106,966,605,000	60,848,697,000
Dec 31, 2018	Annual	CNY	13,052,095,000	451,000	64,367,223,000	26,330,345,000	115,210,575,000	53,968,234,000
Dec 31, 2017	Annual	CNY	9,902,690,000	1,095,000	52,289,314,000	19,872,804,000	102,236,384,000	50,980,724,000
Dec 31, 2016	Annual	CNY	7,693,666,000	247,360,000	48,693,595,000	17,378,439,000	78,240,081,000	46,440,156,000

Long-term assets (2 of 4)

Period	Period type	Currency	Good Will	Intangible Assets	Total Assets	Accounts Payable	Short Term Debt	Total Current Liabilities
Sep 30, 2026	Quarterly	CNY	4,425,266,000	53,557,016,000	948,447,391,000	172,615,143,000	100,973,835,000	504,457,580,000
Jun 30, 2026	Quarterly	CNY	4,426,760,000	52,167,540,000	946,180,475,000	176,323,727,000	99,516,071,000	500,283,687,000
Mar 31, 2026	Quarterly	CNY	4,427,571,000	49,674,615,000	902,076,965,000	212,932,255,000	66,296,294,000	485,362,254,000
Dec 31, 2025	Annual	CNY	4,427,571,000	47,456,541,000	883,729,883,000	209,206,258,000	44,796,674,000	468,451,357,000
Dec 31, 2025	Quarterly	CNY	4,427,571,000	47,456,541,000	883,729,883,000	209,206,258,000	44,796,674,000	468,451,357,000
Sep 30, 2025	Quarterly	CNY	4,427,000,000	44,471,000,000	901,905,000,000	222,789,000,000	24,104,000,000	494,281,000,000
Jun 30, 2025	Quarterly	CNY	4,427,571,000	42,854,510,000	846,342,643,000	236,685,631,000	16,107,126,000	513,355,792,000
Mar 31, 2025	Quarterly	CNY	4,427,571,000	41,003,945,000	840,527,145,000	252,662,426,000	13,144,785,000	505,797,075,000
Dec 31, 2024	Annual	CNY	4,427,571,000	38,931,963,000	783,355,855,000	244,027,420,000	12,103,272,000	495,985,176,000
Dec 31, 2024	Quarterly	CNY	4,427,571,000	38,931,963,000	783,355,855,000	244,027,420,000	12,103,272,000	495,985,176,000
Sep 30, 2024	Quarterly	CNY	4,427,571,000	37,476,013,000	764,259,515,000	240,460,153,000	20,551,154,000	512,091,875,000
Jun 30, 2024	Quarterly	CNY	4,427,571,000	37,102,403,000	686,244,710,000	209,776,503,000	10,048,017,000	452,742,803,000
Mar 31, 2024	Quarterly	CNY	4,427,571,000	37,595,593,000	677,783,621,000	199,443,236,000	13,718,585,000	444,080,698,000
Dec 31, 2023	Annual	CNY	4,427,571,000	37,236,261,000	679,547,670,000	198,483,131,000	18,323,216,000	453,666,671,000
Dec 31, 2023	Quarterly	CNY	4,427,571,000	37,777,261,000	679,547,670,000	198,483,131,000	18,323,216,000	453,666,671,000
Dec 31, 2022	Annual	CNY	65,914,000	24,906,497,000	493,860,646,000	143,765,729,000	5,153,098,000	333,344,561,000
Dec 31, 2021	Annual	CNY	65,914,000	19,709,973,000	295,780,147,000	80,491,626,000	10,204,358,000	171,303,944,000
Dec 31, 2020	Annual	CNY	65,914,000	16,689,882,000	201,017,321,000	51,908,304,000	16,400,690,000	106,430,696,000
Dec 31, 2019	Annual	CNY	65,914,000	18,398,159,000	195,641,593,000	36,168,168,000	40,332,365,000	108,028,947,000
Dec 31, 2018	Annual	CNY	65,914,000	16,698,461,000	195,176,908,000	46,282,887,000	37,788,977,000	116,773,226,000
Dec 31, 2017	Annual	CNY	65,914,000	14,199,119,000	177,648,229,000	40,273,599,000	35,774,916,000	104,996,936,000
Dec 31, 2016	Annual	CNY	65,914,000	12,055,571,000	145,070,778,000	35,243,610,000	25,009,611,000	78,317,604,000

Liabilities and debt (3 of 4)

Period	Period type	Currency	Long Term Debt	Short Long Term Debt Total	Total Liab	Retained Earnings	Total Stockholder Equity	Common Stock Shares Outstanding
Sep 30, 2026	Quarterly	CNY	74,474,398,000	201,476,435,000	686,865,220,000	135,137,170,000	248,843,089,000	9,106,483,000
Jun 30, 2026	Quarterly	CNY	76,195,046,000	205,149,084,000	693,702,763,000	125,095,967,000	239,927,627,000	9,106,483,000
Mar 31, 2026	Quarterly	CNY	65,568,542,000	140,399,409,000	639,956,542,000	120,141,979,000	249,916,729,000	9,117,301,000
Dec 31, 2025	Annual	CNY	65,703,479,000	119,120,640,000	625,190,698,000	116,057,428,000	246,274,606,000	9,026,249,000
Dec 31, 2025	Quarterly	CNY	65,703,479,000	119,120,640,000	625,190,698,000	116,057,428,000	246,274,606,000	9,117,198,000
Sep 30, 2025	Quarterly	CNY	66,195,842,000	124,861,000,000	669,168,000,000	107,185,000,000	219,854,000,000	9,117,198,000
Jun 30, 2025	Quarterly	CNY	5,496,374,000	30,610,373,000	601,592,451,000	102,004,934,000	232,166,363,000	9,117,197,565
Mar 31, 2025	Quarterly	CNY	6,339,145,000	29,127,022,000	594,365,580,000	107,874,344,000	233,361,322,000	8,802,870,192
Dec 31, 2024	Annual	CNY	8,257,786,000	30,237,025,000	584,667,646,000	98,647,794,000	185,251,104,000	8,716,224,414
Dec 31, 2024	Quarterly	CNY	17,119,374,000	30,237,025,000	584,667,646,000	98,647,794,000	185,251,104,000	8,716,224,414
Sep 30, 2024	Quarterly	CNY	9,799,136,000	39,615,534,000	595,456,788,000	83,349,594,000	155,462,393,000	8,716,224,414
Jun 30, 2024	Quarterly	CNY	11,305,318,000	30,710,691,000	531,633,632,000	71,742,986,000	142,787,204,000	8,716,224,414
Mar 31, 2024	Quarterly	CNY	13,995,641,000	36,813,357,000	522,836,586,000	71,692,765,000	143,090,246,000	8,730,177,708
Dec 31, 2023	Annual	CNY	11,975,139,000	39,145,541,000	529,085,557,000	67,123,972,000	138,810,065,000	8,724,366,000
Dec 31, 2023	Quarterly	CNY	11,975,139,000	39,145,541,000	529,085,557,000	67,123,972,000	138,810,065,000	8,733,917,880
Dec 31, 2022	Annual	CNY	7,593,596,000	15,363,968,000	372,470,809,000	40,943,232,000	111,029,299,000	8,733,335,202
Dec 31, 2021	Annual	CNY	10,789,958,000	22,409,607,000	191,535,938,000	26,455,907,000	95,069,671,000	8,618,456,604
Dec 31, 2020	Annual	CNY	23,625,954,000	40,869,930,000	136,563,409,000	24,456,556,000	56,874,274,000	8,184,428,565
Dec 31, 2019	Annual	CNY	21,916,487,000	62,797,532,000	133,040,173,000	21,056,234,000	56,762,289,000	8,184,428,565
Dec 31, 2018	Annual	CNY	13,924,380,000	52,078,183,000	134,446,175,000	20,498,233,000	55,198,289,000	8,968,367,742
Dec 31, 2017	Annual	CNY	10,862,346,000	46,637,262,000	118,141,943,000	18,786,485,000	54,552,993,000	8,713,881,429
Dec 31, 2016	Annual	CNY	9,338,520,000	34,348,131,000	89,661,415,000	16,238,160,000	51,255,929,000	8,061,947,871

Equity and additional facts (4 of 4)

Period	Period type	Currency	Net Debt	Net Working Capital	Long Term Investments
Sep 30, 2026	Quarterly	CNY	170,504,556,000	-82,801,237,000	Not reported
Jun 30, 2026	Quarterly	CNY	146,421,973,000	-64,781,825,000	Not reported
Mar 31, 2026	Quarterly	CNY	64,612,901,000	-89,597,324,000	Not reported
Dec 31, 2025	Annual	CNY	43,695,893,000	-96,983,799,000	Not reported
Dec 31, 2025	Quarterly	CNY	43,695,893,000	-96,983,799,000	Not reported
Sep 30, 2025	Quarterly	CNY	5,139,000,000	Not reported	Not reported
Jun 30, 2025	Quarterly	CNY	-81,123,910,000	-122,720,332,000	Not reported
Mar 31, 2025	Quarterly	CNY	-88,279,704,000	-95,802,846,000	Not reported
Dec 31, 2024	Annual	CNY	-72,501,709,000	-125,412,932,000	Not reported
Dec 31, 2024	Quarterly	CNY	-72,501,709,000	-125,412,932,000	Not reported
Sep 30, 2024	Quarterly	CNY	-26,703,841,000	-149,993,159,000	Not reported
Jun 30, 2024	Quarterly	CNY	-22,342,610,000	-154,311,193,000	Not reported
Mar 31, 2024	Quarterly	CNY	-49,983,172,000	-151,186,924,000	Not reported
Dec 31, 2023	Annual	CNY	-69,948,867,000	-151,545,225,000	Not reported
Dec 31, 2023	Quarterly	CNY	-69,948,867,000	-151,545,225,000	Not reported
Dec 31, 2022	Annual	CNY	-36,107,295,000	-92,541,054,000	Not reported
Dec 31, 2021	Annual	CNY	-28,047,490,000	-5,193,755,000	Not reported
Dec 31, 2020	Annual	CNY	25,581,614,000	5,174,414,000	Not reported
Dec 31, 2019	Annual	CNY	49,598,769,000	-1,062,342,000	Not reported
Dec 31, 2018	Annual	CNY	39,026,088,000	-1,358,400,000	5,265,358,000
Dec 31, 2017	Annual	CNY	36,734,572,000	-2,312,544,000	7,250,371,000
Dec 31, 2016	Annual	CNY	26,654,465,000	Not reported	5,469,996,000

BYD: Dividends & Actions

Dividend calculation details

Calculated net annual dividend yield: 0.5%. As of 2026-11-06.

Gross TTM: 0.55% · Two-year annualized gross: 1.25%.

Tax withholding assumption: 10% (CN). One-off special payments are excluded.

Return estimates compound the net annual yield at a constant rate over the stated return horizon (the remaining time to the fixed target date for current returns): (1 + price return) × (1 + net annual yield)^years − 1.

Dividend payments per share

Latest 24 reported payments, by ex-date. Amounts use their reported currency and original share basis; they are not split-adjusted. Only the ordinary portion contributes to recurring forecast income. Inferred types are marked estimated.

OrdinarySpecial / other cashClassification pending

HKD per share

2003-03-06 · Not classified1.87484 HKD
2004-03-11 · Not classified3.38033 HKD
2005-04-14 · Not classified3.8092 HKD
2007-05-08 · Not classified2.64092 HKD
2008-02-15 · Not classified32.61312 HKD
2010-03-31 · Not classified2.17854 HKD
2010-04-09 · Not classified2.17854 HKD
2014-07-02 · Not classified0.37782 HKD
2016-11-03 · Not classified2.52126 HKD
2017-06-08 · Not classified1.2186 HKD
2018-06-22 · Not classified1.03482 HKD
2019-06-11 · Not classified1.39302 HKD
2020-06-26 · Not classified0.39366 HKD
2021-06-10 · Not classified1.07928 HKD
2022-06-13 · Not classified0.7407 HKD
2023-06-13 · Ordinary1.26018 HKD
2024-06-11 · Ordinary3.40608 HKD
2025-06-10 · Ordinary4.33596 HKD
2026-06-11 · Ordinary0.41141 HKD

Cash Dividends PaidiCash used for dividends in the statement of cash flows. Values are shown as positive outflows.

Latest: CNY 13.7B

CNY 16.1BCNY 11.5BCNY 7.0BCNY 2.4BCNY 0.00CNY -2.2B

215.8M

301.9M

1.1B

1.2B

1.8B

3.1B

4.2B

2.4B

4.0B

13.7B

'06'07'08'09'10'11'12'13'14'15'16'17'18'19'20'21'22'23'24'25

Dividend KPIs

Yield uses trailing 12 months. Payout and cash coverage use Latest FY 2025.

All-cash Dividend Yield

0.55%

Trailing 12M gross cash, including special payments; not the recurring yield used in scores

Net Regular Dividend Yield

0.50%

Current recurring-income model; special and variable cash excluded

Dividend Payout Ratio

42.0%

Latest FY 2025: dividends paid / net income

Dividend Cash Coverage

4.3x

Latest FY 2025: operating cash flow / dividends paid

Dividend Growth CAGR 5Y

-17.5%

5-year annual dividend/share growth

Dividend Growth CAGR 10Y

-16.6%

10-year annual dividend/share growth

Total Dividends Paid

CNY 59.5B

Available annual history (up to 20 fiscal years)

Buybacks / IssuanceiCash-flow line for share repurchases and issuance. Negative values usually represent buyback cash outflows; positive values usually represent issuance.

Latest: CNY -4.0B

CNY 17.8BCNY 11.5BCNY 5.2BCNY 0.00CNY -7.3B

3.3B

3.2B

-3.2B

-1.1B

98.0M

-4.0B

'06'07'08'09'10'11'12'13'14'15'16'17'18'19'20'21'22'23'24'25

Buyback & Combined Return KPIs

Buyback intensity uses Latest FY 2025 repurchases against the latest market cap. Shareholder yield combines that basis with trailing-12-month dividends.

Buyback Intensity

0.6%

Latest FY 2025 buybacks / latest market cap

Shareholder Yield

1.1%

Trailing 12M dividend yield + Latest FY 2025 buyback intensity

Total Buybacks

CNY 13.8B

Available annual history (up to 20 fiscal years)

Splits History

2 split records loaded

Jun 10, 2025

30:10

Forward split

3.00x

Feb 15, 2008

38:10

Forward split

3.80x

Source tablesView dividends, buybacks & corporate actions tables

Dataset curated by iPulse AI and published by Future Edge Group FZE. Reported records retain their source currencies; chart transformations and ratios are calculated separately. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Dividends and corporate actions

Dividend calculation details

Calculated net annual dividend yield: 0.5%. As of 2026-11-06.

Gross TTM: 0.55% · Two-year annualized gross: 1.25%.

Tax withholding assumption: 10% (CN). One-off special payments are excluded.

Return estimates compound the net annual yield at a constant rate over the stated return horizon (the remaining time to the fixed target date for current returns): (1 + price return) × (1 + net annual yield)^years − 1.

Dividend history

Dividend payments per share

Latest 24 reported payments, by ex-date. Amounts use their reported currency and original share basis; they are not split-adjusted. Only the ordinary portion contributes to recurring forecast income. Inferred types are marked estimated.

OrdinarySpecial / other cashClassification pending

HKD per share

2003-03-06 · Not classified1.87484 HKD
2004-03-11 · Not classified3.38033 HKD
2005-04-14 · Not classified3.8092 HKD
2007-05-08 · Not classified2.64092 HKD
2008-02-15 · Not classified32.61312 HKD
2010-03-31 · Not classified2.17854 HKD
2010-04-09 · Not classified2.17854 HKD
2014-07-02 · Not classified0.37782 HKD
2016-11-03 · Not classified2.52126 HKD
2017-06-08 · Not classified1.2186 HKD
2018-06-22 · Not classified1.03482 HKD
2019-06-11 · Not classified1.39302 HKD
2020-06-26 · Not classified0.39366 HKD
2021-06-10 · Not classified1.07928 HKD
2022-06-13 · Not classified0.7407 HKD
2023-06-13 · Ordinary1.26018 HKD
2024-06-11 · Ordinary3.40608 HKD
2025-06-10 · Ordinary4.33596 HKD
2026-06-11 · Ordinary0.41141 HKD

Ex-date	Amount	Payment type	Declaration date	Payment date
Jun 11, 2026	0.4114 HKD	Ordinary	Not available	Not available
Jun 10, 2025	4.336 HKD	Ordinary	Not available	Not available
Jun 11, 2024	3.4061 HKD	Ordinary	Mar 26, 2024	Jul 29, 2024
Jun 13, 2023	1.2602 HKD	Ordinary	Mar 28, 2023	Jul 28, 2023
Jun 13, 2022	0.7407 HKD	Not classified	Mar 29, 2022	Jul 29, 2022
Jun 10, 2021	1.0793 HKD	Not classified	Mar 29, 2021	Aug 6, 2021
Jun 26, 2020	0.3937 HKD	Not classified	Apr 21, 2020	Aug 18, 2020
Jun 11, 2019	1.393 HKD	Not classified	Mar 27, 2019	Jul 26, 2019
Jun 22, 2018	1.0348 HKD	Not classified	Mar 27, 2018	Aug 17, 2018
Jun 8, 2017	1.2186 HKD	Not classified	Mar 28, 2017	Aug 4, 2017
Nov 3, 2016	2.5213 HKD	Not classified	Aug 26, 2016	Dec 13, 2016
Jul 2, 2014	0.3778 HKD	Not classified	Mar 19, 2014	Aug 13, 2014
Apr 9, 2010	2.1785 HKD	Not classified	Mar 14, 2010	Jun 10, 2010
Mar 31, 2010	2.1785 HKD	Not classified	Not available	Not available
Feb 15, 2008	32.6131 HKD	Not classified	Jan 28, 2008	Apr 18, 2008
May 8, 2007	2.6409 HKD	Not classified	Mar 19, 2007	Jul 5, 2007
Apr 14, 2005	3.8092 HKD	Not classified	Mar 24, 2005	Jun 22, 2005
Mar 11, 2004	3.3803 HKD	Not classified	Feb 20, 2004	May 21, 2004
Mar 6, 2003	1.8748 HKD	Not classified	Feb 14, 2003	May 16, 2003

Split history

Effective date	New shares	Old shares
Jun 10, 2025	30	10
Feb 15, 2008	38	10

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Profile & Fundamentals contents

BYD: Company Profile & Ownership

BYD: Ownership

Shares Outstanding

Market Capitalization

Latest reported ownership snapshot

BYD: Earnings, Profitability & Valuation

Earnings & Revenue

Revenue, Net Income, and Free Cash Flow

Valuation

P/E Ratio (TTM)iUses profile-aligned P/E logic. Recent annual bars and quarterly mode use trailing 4-quarter net income; older annual bars fall back to annual net income.

Profitability & Margins

Profitability Margins

Latest Profitability Ratios as of 2026-09-30

EPS & Execution vs Expectations

EPS History

Execution vs Expectations

Capital Expenditure & R&D

Capital Expenditures (Annual)iAnnual capital expenditures from cash-flow filings, shown as positive cash outflows.

Investment Intensity Trends

Investment Intensity KPIs

Reported financial history

Income statement history

Revenue and gross profit (1 of 3)

Operating performance (2 of 3)

Earnings and taxes (3 of 3)

Cash flow history

Operating cash flow (1 of 3)

Investment and free cash flow (2 of 3)

Financing and distributions (3 of 3)

BYD: Balance Sheet

Capital Structure

Assets, Debt, and Stockholder Equity

Liquidity and Leverage

Liquidity Stack: Nested CompositioniCash: cash and equivalents only. Liquidity (default outer bar): cash + short term holdings. All Holdings (optional outer shell): broad balance-sheet holdings proxy from total assets (fallback total investments), used for context and not a cash-like measure.

Retained Earnings

Retained EarningsiRetained earnings are cumulative profits kept in the company after shareholder distributions. Negative values can reflect large buybacks, dividends, or accumulated losses exceeding retained profits.

Reported financial history

Balance sheet history

Liquidity and current assets (1 of 4)

Long-term assets (2 of 4)

Liabilities and debt (3 of 4)

Equity and additional facts (4 of 4)

BYD: Dividends & Actions

Cash Dividends PaidiCash used for dividends in the statement of cash flows. Values are shown as positive outflows.

Dividend KPIs

Buybacks / IssuanceiCash-flow line for share repurchases and issuance. Negative values usually represent buyback cash outflows; positive values usually represent issuance.

Buyback & Combined Return KPIs

Splits History

Dividends and corporate actions

Dividend history

Split history