BYD Is Unlikely To Withstand Cut-Throat Price Competition [Seeking Alpha]
BYD CO LTD UNSP/ADR (BYDDY)
NASDAQ:AMEX Investor Relations:
byd.cn/bydenglish/investor
Company Research
Source: Seeking Alpha
The Company is losing its competitive edge, as customers are switching their focus to high-level autonomous driving, an area where Huawei excels. BYD's expansion into the overseas market is facing more uncertainties due to rising trade barriers in the US and EU markets. Expect a 5%/33% downside in consensus estimates for 2024/25 on lower selling prices and margins. Editor's note: Seeking Alpha is proud to welcome Theme Catcher Invest as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Investment Thesis I rate BYD Company Limited ( OTCPK:BYDDF ) as a "Sell" as BYD's dropping unit profit was not fully reflected in consensus estimates. My own forecast of BYD's 2024/25 earnings are 5% and 33% lower than consensus due to lower margins. (Refer to Figure 4) The Chinese EV sector is experiencing an intense price war, declining marg
Show less
Read more
Impact Snapshot
Event Time:
BYDDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BYDDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BYDDY alerts
High impacting BYD CO LTD UNSP/ADR news events
Weekly update
A roundup of the hottest topics
BYDDY
News
- Ferrari Unveils $423,000 Sports Car With 1960s Bloodline [BNN Bloomberg (Canada)]BNN Bloomberg
- Global Sodium-Ion Battery (Sodium-Sulfur, and Sodium-Salt) Industry Analysis 2023-2028 with Faradion, Contemporary Amperex, Tiamet Energy, HiNa Battery and Jiangsu Zoolnasm Energy Dominating [Yahoo! Finance]Yahoo! Finance
- Chinese Firms Are Investing Abroad at Fastest Pace in Eight Years [Financial Post (Toronto, Ontario, Canada)]Financial Post
- China's Cheap EVs Redraw the Map of Where Cars Get Made [BNN Bloomberg (Canada)]BNN Bloomberg
- After being overtaken by BYD, Volkswagen meets with doubtful investors to persuade them of turnaround plan [Fortune]Fortune