BYD market cap is $688.3 b, and annual revenue was ¥121.78 b in FY 2019

BYD Revenue growth (FY, 2018 - FY, 2019), %0%

BYD Gross profit (FY, 2019)18.1 B

BYD Gross profit margin (FY, 2019), %14.8%

BYD Net income (FY, 2019)2.1 B

BYD Cash, 31-Dec-201911.7 B

BYD EV753.3 B

BYD revenue was ¥121.78 b in FY, 2019

BYD revenue breakdown by business segment: 8.0% from Rechargeable Batteries and Photovoltaic Products, 43.1% from Mobile Handset Components and Assembly Service and 48.9% from Automobiles and Related Products

BYD revenue breakdown by geographic segment: 84.0% from PRC (including Hong Kong, Macau and Taiwan), 7.5% from Asia Pacific (excluding PRC), 5.2% from Others and 3.3% from Other

CNY | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 102.7b | 121.8b | 121.8b |

| 19% | 0% | |

## Cost of goods sold | 84.7b | 103.7b | 103.7b |

## Gross profit | 17.9b | 18.1b | 18.1b |

| 17% | 15% | 15% |

## Sales and marketing expense | 4.9b | 4.7b | 4.3b |

## R&D expense | 3.7b | 5.0b | 5.6b |

## General and administrative expense | 3.0b | 3.8b | 4.2b |

## Operating expense total | 12.2b | 14.1b | 14.4b |

## Interest expense | 2.3b | 3.5b | 3.5b |

## Pre tax profit | 5.6b | 4.4b | 2.4b |

## Income tax expense | 703.7m | 829.4m | 312.9m |

## Net Income | 4.9b | 3.6b | 2.1b |

## EPS | 1.4 | 0.9 | 0.5 |

CNY | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Revenue | 43.8b | 52.2b | 59.2b |

## Cost of goods sold | 35.6b | 44.9b | 50.0b |

## Gross profit | 8.2b | 7.3b | 9.2b |

| 19% | 14% | 16% |

## Sales and marketing expense | 2.2b | 2.6b | 2.3b |

## R&D expense | 1.4b | 2.1b | 2.5b |

## General and administrative expense | 1.7b | 1.8b | 2.1b |

## Operating expense total | 5.5b | 6.7b | 7.0b |

## Interest expense | 1.1b | 1.5b | 1.6b |

## Pre tax profit | 2.7b | 1.1b | 1.9b |

## Income tax expense | 484.8m | 212.7m | 225.3m |

## Net Income | 2.2b | 874.4m | 1.6b |

## EPS | 0.6 | 0.1 | 0.5 |

CNY | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 8.9b | 11.2b | 11.7b |

## Accounts Receivable | 53.3b | 44.2b | 40.1b |

## Inventories | 19.9b | 26.3b | 25.6b |

## Current Assets | 102.8b | 115.4b | 107.0b |

## PP&E | 47.8b | 49.5b | 55.3b |

## Goodwill | 65.9m | 65.9m | 65.9m |

## Total Assets | 178.1b | 194.6b | 195.6b |

## Accounts Payable | 39.5b | 45.2b | 35.3b |

## Short-term debt | 45.6b | 50.8b | 54.3b |

## Current Liabilities | 105.0b | 116.6b | 108.0b |

## Long-term debt | 10.9b | 13.9b | 22.5b |

## Non-Current Liabilities | 13.1b | 17.3b | 25.0b |

## Total Debt | 56.5b | 64.7b | 76.7b |

## Common Stock | 2.7b | 2.7b | 2.7b |

## Additional Paid-in Capital | 20.0b | 20.0b | 20.0b |

## Retained Earnings | 19.2b | 20.5b | 21.1b |

## Total Equity | 60.0b | 60.7b | 62.6b |

## Debt to Equity Ratio | 0.9 x | 1.1 x | 1.2 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.4 x |

## Financial Leverage | 3 x | 3.2 x | 3.1 x |

CNY | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Cash | 8.3b | 10.0b | 9.7b |

## Accounts Receivable | 48.8b | 51.5b | 47.7b |

## Inventories | 18.1b | 25.0b | 28.0b |

## Current Assets | 83.3b | 112.1b | 114.4b |

## PP&E | 44.5b | 50.1b | 51.8b |

## Goodwill | 65.9m | 65.9m | 65.9m |

## Total Assets | 153.7b | 191.3b | 199.9b |

## Accounts Payable | 28.9b | 39.1b | 36.1b |

## Short-term debt | 38.6b | 58.1b | 57.7b |

## Current Liabilities | 78.1b | 119.1b | 111.9b |

## Long-term debt | 16.3b | 10.8b | 21.5b |

## Non-Current Liabilities | 18.5b | 12.9b | 25.7b |

## Total Debt | 54.9b | 68.9b | 79.2b |

## Common Stock | 2.7b | 2.7b | 2.7b |

## Additional Paid-in Capital | 20.0b | 20.0b | 20.0b |

## Retained Earnings | 17.3b | 19.0b | 21.3b |

## Total Equity | 57.2b | 59.4b | 62.2b |

## Debt to Equity Ratio | 1 x | 1.2 x | 1.3 x |

## Debt to Assets Ratio | 0.4 x | 0.4 x | 0.4 x |

## Financial Leverage | 2.7 x | 3.2 x | 3.2 x |

CNY | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Depreciation and Amortization | 7.0b | 9.3b | 9.8b |

## Accounts Receivable | (7.6b) | (5.8b) | 3.8b |

## Inventories | (2.7b) | (6.6b) | 284.0m |

## Accounts Payable | 4.2b | 6.0b | (9.9b) |

## Cash From Operating Activities | 6.4b | 12.5b | 14.7b |

## Purchases of PP&E | (7.4b) | (10.6b) | (9.5b) |

## Cash From Investing Activities | (15.7b) | (14.2b) | (20.9b) |

## Short-term Borrowings | (3.0b) | (14.5b) | |

## Long-term Borrowings | (39.4b) | (54.6b) | (54.3b) |

## Dividends Paid | (538.8m) | (587.2m) | (707.0m) |

## Cash From Financing Activities | 11.2b | 3.9b | 6.6b |

## Net Change in Cash | 1.8b | 2.2b | 469.9m |

## Interest Paid | 2.7b | 3.5b | 3.7b |

## Income Taxes Paid | 1.2b | 806.4m | 445.2m |

CNY | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Depreciation and Amortization | 3.1b | 4.4b | 4.9b |

## Accounts Receivable | (3.1b) | 1.5b | (3.2b) |

## Inventories | (989.9m) | (5.2b) | (1.8b) |

## Accounts Payable | (6.0b) | (914.1m) | (9.3b) |

## Cash From Operating Activities | (3.5b) | (1.6b) | (2.1b) |

## Purchases of PP&E | (2.9b) | (3.3b) | (5.3b) |

## Cash From Investing Activities | (6.7b) | (8.1b) | (12.0b) |

## Long-term Borrowings | (19.3b) | (24.9b) | (35.8b) |

## Dividends Paid | (25.1m) | ||

## Cash From Financing Activities | 11.4b | 10.8b | 12.7b |

## Net Change in Cash | 1.2b | 1.1b | (1.4b) |

## Interest Paid | 1.2b | 1.4b | 1.9b |

## Income Taxes Paid | 830.0m | 605.6m | 460.7m |

CNY | H1, 2017 |
---|---|

## Revenue/Employee | 229.4k |

## Debt/Equity | 1 x |

## Debt/Assets | 0.4 x |

## Financial Leverage | 2.7 x |

FY, 2017 | FY, 2018 | FY, 2019 | |
---|---|---|---|

## Patent Applications (China) | 18.02 k | 20.67 k | 23.18 k |

## Patent Applications (Foreign) | 2.88 k | 3.45 k | 4.02 k |

## Patents (Appearance Designs, China) | 1.49 k | 1.74 k | 1.91 k |

## Patents (Hong Kong, Macau and Taiwan) | 183 | 238 | 309 |

## Patents (Inventions, China) | 8.68 k | 10.16 k | 11.57 k |

## Patents (Utility Models, China) | 7.66 k | 8.53 k | 9.39 k |

## Patents Issued (China) | 12.26 k | 13.66 k | 15.5 k |

## Patents Issued (Foreign) | 1.73 k | 2.27 k | 2.73 k |

## Patents Issued Yearly (China) | 1.23 k | 1.48 k | 1.77 k |

## Patents Issued Yearly (Foreign) | 329 | 452 | 441 |

BYD's employees are reported to be approximately 33% female and 67% male.

FY, 2019 | FY, 2018 | FY, 2017 | |
---|---|---|---|

Male | 67.1% | 68% | |

Female | 32.9% | 31.9% | |

Other | 0% | 0% | 2.5% |

Male (Management), percent | 47.5% | ||

Male, percent | 35% | ||

Female, percent | 15% |

- Source: www.byd.com, www.byd.com, www.byd.com