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Citigroup: BYD's first-quarter net profit meets market expectations, maintaining its status as an "Industry preferred choice."
Citi released a Research Report stating that BYD (01211) had a net income of 9.16 billion RMB for the first quarter, a year-on-year growth of 100%, which meets market expectations. The bank expects a quarter-on-quarter shipment increase of 25% to 35% in the second quarter, reaching at least 1.25 million units. After excluding profits from BYD Electronics, the bank estimates that BYD's net profit per vehicle for the first quarter is approximately 8,733 RMB and expects that the net profit per vehicle in the first half of the year will stabilize at around 9,000 RMB. The bank believes that in April, the three main sales benchmarks for BYD (wholesale/domestic retail/export) should all record quarter-on-quarter growth. Citi maintains BYD as its "
Hong Kong stock movement | BYD Electronics (00285) fell nearly 9% after earnings, with first-quarter revenue and profit slightly increasing year-on-year, while changes in iPhone shipment structure may affect the Business.
BYD Electronic (00285) fell nearly 9% after the earnings report, currently down 6.62%, at HKD 32.5, with a trading volume of HKD 0.522 billion.
Guotai Junan: Lithium may find it difficult to break free from a weak pattern in the short term, while cobalt is expected to stabilize and gradually rise.
The cobalt company has diversified into the downstream manufacturing of electric vehicles, creating an integrated cost advantage in cobalt-nickel-precursor-tri-metal systems, which enhances competitive barriers.
BYD Doubles Quarterly Profit as Chinese Automaker Outpaces Tesla
BYD Electronics' Q1 Profit Rises 2%
Express News | BYD Electronic International Q1 Revenue RMB 36,880.4 Million
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長命百伍歲 : Agreed
, it is a worthless, trashy, and smelly Stocks, causing me to lose half of my account value.