by winston » Fri Mar 21, 2025 4:09 pm
not vested
BYD Co Ltd (1211 HK / 002594 CH)
Recommendation : BUY
Fair Value : HKD 506.00 (1211 HK) / CNY 517.00 (002594 CH)
UNVEILS SUPERFAST CHARGING SOLUTIONS
• BYD-H has delivered total returns of 59% year-to-date (YTD), compared to HSI’s 22%, BYD-A’s 41% and CSI 300 Index’s flattish performance
• Launches super-charging platform after unveiling the advanced driver assistance systems (ADAS) features for mass market models a month ago
• Steadfast focus on innovation allows company to compete on features rather than just on price
Established as a family-run enterprise in 1995 focused on new and high technology, BYD is principally engaged in the automobile business which includes the manufacture of new energy vehicles (NEV), mobile phone components and assembly services, as well as rechargeable batteries.
Leveraging on its technological competencies, the company has actively expanded its presence in the renewable energy sector.
The group expanded into the automobile business in 2003 and has achieved remarkable growth in this segment.
We expect 2026 to be an important milestone for BYD’s global ambitions, as four of its overseas production bases or assembly lines (in Thailand, Indonesia, Brazil and Hungary) should be completed and/or ramping up progressively.
Source: OCBC
It's all about "how much you made when you were right" & "how little you lost when you were wrong"