Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Founded in 2003, the company is a leading player in Asia. The company has proven that it knows how to capitalize on opportunities as they arise. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. BYD has been waiting years for the markets to accept EVs as commonplace. How are stocks traded on multiple exchanges. This has been, still is, and certainly will continue to be what differentiates BYD the most. Now that the CCPs Central Committee has given more detail in Chinas Five-Year Plan, we estimate 6.2 million NEVs sold in 2025 in China, which would meet Chinas goals of 20% of new vehicle sales being NEVs. While a Biden Administration is certainly good news for the future of the U.S., it will still be far behind China in terms of addressing climate change. ROE values, like other values, can vary significantly from one industry to another. BYD also trades at a relatively low valuation, at least compared to EV pureplay peers, although BYD still trades at a premium to legacy autos. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. Considering this, we believe that the opportunities of owning BYD outweigh the current risks. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. During the three months, its revenues increased by 108.31% Y/Y to 41 billion yuan ($6.32 billion), while its net profit increased by 110.7% Y/Y to 237.4 million yuan ($36.5 million). And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. Offers may be subject to change without notice. BYD, NIO, and Xpeng are looking to break into the European market after finding success in China. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. Find out the difference between two stocks of the same company (how to identify ADRs, etc) 0. If you have an ad-blocker enabled you may be blocked from proceeding. It only takes a minute to sign up. We estimate commercial NEV sales will grow by 628% over that same period.
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