BYD Company Limited
- Industry
- Electric Vehicles
- Exchange
- HK
- Country
- Hong Kong
- IPO date
- Jul 31, 2002
- Employees
- 869,600
- Website
- www.bydglobal.com
Composite valuation range · conservative HK$70–HK$85 / fair HK$100–HK$125 / optimistic HK$150–HK$190. At HK$76.05, Within the conservative intrinsic-value range · significant margin of safety.
At publication HK$90.2 (May 20, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
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.
History
BYD Company Limited (比亚迪股份) was founded in 1994, is headquartered in Shenzhen, China, and listed via an IPO on 31 July 2002. With its subsidiaries it engages in automobiles and batteries across mainland China, Hong Kong, Macau, Taiwan and internationally, operating two segments: mobile handset components and assembly services, and automobiles and related products. By 2025 it was heavily focused on new energy vehicles, with autos and related products at roughly 80.68% of revenue and mobile handset components about 19.31%. It employs about 869,600 people.
Industry position
BYD ranked first in global new energy vehicle sales for four consecutive years, selling about 4.6 million vehicles in 2025 across 119 countries and regions; overseas sales reached 1.046 million units, vehicle exports topped one million for the first time, and it placed top-three in several overseas markets. Its main advantage is vertical integration: via its e-Platform 3.0, a Blade Battery used as a structural component and an 8-in-1 powertrain, it develops and produces core batteries, motors and electronic controls in-house, backed by more than 120,000 R&D engineers. Competitors include Tesla, integrated Chinese groups such as Geely, and Chinese new-force and premium intelligent rivals.