FMP

FMP

BYD Company Limited Expands in Europe Amid Rising Competition

  • BYD Company Limited (PNK:BYDDY) is set to release its quarterly earnings with an anticipated EPS of $0.20 and revenue of $38.5 billion.
  • The ATTO 2 DM-i Super Hybrid launch in Barcelona marks BYD's strategic expansion in the European electric vehicle market.
  • Financial metrics reveal a P/E ratio of 36.20 and a price-to-sales ratio of 0.92, indicating strong investor confidence despite a current ratio of 0.76.

BYD Company Limited, traded as BYDDY on the OTC market, is a prominent Chinese automaker known for its electric vehicles and battery technology. The company is expanding its footprint in Europe, a strategic move to counter domestic market pressures. BYD's competitors include Tesla and NIO, both of which are also key players in the electric vehicle market.

On November 26, 2025, BYDDY is set to release its quarterly earnings. Wall Street anticipates an earnings per share of $0.20 and revenue of $38.5 billion. This comes as BYD experiences a rise in new-car registrations in Europe, driven by its expansion strategy and the launch of the ATTO 2 DM-i Super Hybrid in Barcelona.

The ATTO 2 DM-i Super Hybrid is part of BYD's plan to offer electrified mobility solutions in Europe. It features a unique electric-first driving experience, with a range of up to 90 kilometers on electric power alone. This model addresses range concerns with a 1.5-litre petrol engine, extending the total range to 1,000 kilometers.

BYD aims to sell up to 1.6 million vehicles internationally by 2026, as highlighted by Citi. This ambitious target reflects the company's commitment to overseas expansion and expectations of high double-digit growth starting in 2025. The company's financial metrics, such as a P/E ratio of 36.20 and a price-to-sales ratio of 0.92, indicate investor confidence in its growth potential.

Despite a low debt-to-equity ratio of 0.13, BYD's current ratio of 0.76 suggests challenges in covering short-term liabilities with short-term assets. However, the enterprise value to sales ratio of 0.83 and an earnings yield of 2.76% highlight the company's strong market position and valuation relative to its sales and earnings.