BYD Co Ltd Class H
01211: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| M&t | LOCK|RhB | LOCK|VLWx^w |
BYD Earnings: Revenue and Net Profit Missed as Competition Weighed on Vehicle Margin
BYD’s third-quarter automobile revenue dropped 3% year on year due to volume and vehicle pricing decline. Weak vehicle margin and sluggish handset components business led to a 33% decline in net profit.
