BYD Stock: Price Development and Financial Data
The BYD stock is currently showing a strong recovery and is approaching its record high. This is largely due to the impressive sales figures of the company, particularly in Singapore, where BYD achieved 20% of total vehicle sales in the first quarter of 2025. This development has been positively received on the stock market and marks an initial success of the company’s new strategy.
- Price Development: The BYD stock reached a 52-week high of $54.60 on March 25, 2025. Currently, the price is about 9.86% below this high. To reach the record high, the price would need to rise by about 10.30%.
- Financial Data: In the first quarter of 2025, BYD reported a net profit of $1.26 billion, which is an increase of 100.4% compared to the previous year. Revenue in the latest quarter was HKD 178.65 billion, an increase of 33.71% compared to the same period last year.
Sales Figures and Market Shares
- Singapore: BYD sold 3002 cars in Singapore in the first four months of 2025, which corresponds to 20% of total vehicle sales in the country.
- Worldwide: BYD sold a total of 4.27 million vehicles in the first quarter of 2025, which is an increase of 29% compared to the previous year. The Chinese manufacturer has thus overtaken Tesla and is now ranked third among the best-selling car brands worldwide, behind Toyota and Volkswagen.
- Germany: BYD recorded a new record sales in Germany in April 2025, clearly surpassing Tesla. Sales in Germany increased by 755% compared to previous periods.
Strategic Successes
The positive development of the BYD stock is a sign of the success of the company’s new strategy. BYD has focused on expanding its international presence and has achieved impressive sales figures outside of China. In March 2025, sales outside of China increased by 89.2% to a record high of 72,723 vehicles. This strategy has not only led to an increase in sales figures but has also improved the profitability of the company.
Outlook
BYD plans to sell more than 800,000 vehicles outside of China in 2025. Expectations for the entire year of 2025 are positive, with a forecasted earnings of CNY 18.48 per share. The release of the Q2 2025 financial results is expected on September 1, 2025. With its strong market position and impressive sales figures, BYD is well positioned to achieve its goals and remain an important player in the global automotive market.