BYD Chinas biggest EV Company is collapsing

[Hafar1014]

• BYD Is China’s Largest EV Company
• If Sales Are Bad For BYD, They May Be Bad For Tesla
• BYD Is Larger Than Tesla
• The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.

It is hard to imagine how a hot company like BYD could suffer an extraordinary drop in sales. However, in February, it happened. According to the FT. “The world’s biggest electric vehicle maker reported February sales dropped 41 per cent year on year to 190,190. The decline was driven by a 65 per cent drop in domestic sales and came despite export sales surging 50 per cent.”

https://www.yahoo.com/finance/news/byd-sales-collapse-tesla-153109497.html

EV cars are being rejected at an increasing rate. and more than half of buyers wont buy again. Gas cars are better and cost less

 

[RoshawnMarkwees]

• BYD Is China’s Largest EV Company
• If Sales Are Bad For BYD, They May Be Bad For Tesla
• BYD Is Larger Than Tesla
• The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.

It is hard to imagine how a hot company like BYD could suffer an extraordinary drop in sales. However, in February, it happened. According to the FT. “The world’s biggest electric vehicle maker reported February sales dropped 41 per cent year on year to 190,190. The decline was driven by a 65 per cent drop in domestic sales and came despite export sales surging 50 per cent.”

https://www.yahoo.com/finance/news/byd-sales-collapse-tesla-153109497.html

EV cars are being rejected at an increasing rate. and more than half of buyers wont buy again. Gas cars are better and cost less

But EV cars mean you’re a white democrat who is smarter and knows better than everyone else!

 

[SassyIrishLass]

The entire EV crap is collapsing

 

[RoshawnMarkwees]

The entire EV crap is collapsing

Nothing says pretentiousness like an EV.

 

[drudge X]

The entire EV crap is collapsing

Didn't have to be that way had Democrats let the buyers decide what's best for them. Instead, Democrats passed in legislation to shut down gas stations, refused to build new ones, declared war on gas related products including one of the cleanest fuel, natural gas. Biden wasted $8 billion for electric buses and not one is in operation but I am sure Democrats spent that $8 billion on travel and dining while telling the little people to conserve and fight global warming.

 

[Old Rocks]

• BYD Is China’s Largest EV Company
• If Sales Are Bad For BYD, They May Be Bad For Tesla
• BYD Is Larger Than Tesla
• The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.

It is hard to imagine how a hot company like BYD could suffer an extraordinary drop in sales. However, in February, it happened. According to the FT. “The world’s biggest electric vehicle maker reported February sales dropped 41 per cent year on year to 190,190. The decline was driven by a 65 per cent drop in domestic sales and came despite export sales surging 50 per cent.”

https://www.yahoo.com/finance/news/byd-sales-collapse-tesla-153109497.html

EV cars are being rejected at an increasing rate. and more than half of buyers wont buy again. Gas cars are better and cost less

LOL

Looks like most auto companies, worldwide, are having a drop in sales. However;

Financial​

BYD Company Limited (BYDDY) has a market cap of approximately $117.54 billion, with a trailing PE ratio of 21.30 and a forward PE ratio of 19.29. The company has a current ratio of 0.87 and a debt/equity ratio of 0.38. In the last 12 months, BYD Company had revenue of 118.15 billion and earned 5.38 billion in profits, with an earnings per share of 0.60. The stock pays an annual dividend of 0.15, amounting to a dividend yield of 1.53%.

Yahoo+1

For a detailed view of BYD Company's financial statements, including income statements, balance sheets, cash flow statements, and key ratios, you can refer to the annual and quarterly financial statements available on MacroTrends.

Macrotrends


Between 10-20
A good P/E ratio for a company is generally considered to be between 10-20. Ratios below 10 can indicate a possible bargain, while a ratio above 20 may suggest that the stock is expensive. However, it is important to note that a good P/E ratio is not a standalone metric and should be used in conjunction with other financial metrics and industry comparisons to provide a more comprehensive view of a company's valuation.

financehalo.com