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BYD Company Limited 002594.SZ

CN · Shanghai Stock Exchange · XSHG · stock · Consumer Cyclical · website

BYD Company Limited statistics & valuation

Market capCN¥810.6B
P / E24.9×
P / S1.0×
P / B3.3×
Net margin4.1%
FCF margin-12.1%
Net debtCN¥43.7B
Enterprise value USD$78.8B
Earnings yield EBIT/EV4.5%
Return on capital9.3%
Graham number -32.6%CN¥60.42

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥60.42); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
3.90% 5.00% 5.20% 4.10% 2022202320242025
Gross margin (%)
17.00% 18.60% 19.40% 17.70% 2022202320242025
Operating margin (%)
5.40% 6.40% 7.00% 4.80% 2022202320242025
Return on equity (%)
15.00% 21.60% 21.70% 13.20% 2022202320242025
Shares outstanding
5.43B 5.43B 5.43B 5.43B 2022202320242025
Net debt (CN¥)
-CN¥29.64B -CN¥62.21B -CN¥62.28B CN¥43.70B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
3.40% 4.40% 5.10% 3.70% 2022202320242025
Free cash flow margin (%)
10.20% 7.90% 4.60% -12.10% 2022202320242025
Debt / equity (×)
0.20× 0.34× 0.22× 0.48× 2022202320242025
EPS (CN¥)
CN¥1.90 CN¥3.44 CN¥4.61 CN¥3.58 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

BYD Company Limited trades at about 25.1× earnings — below its 10-year norm (10-year range 25.4×–150.2×, median 59.5×).

25.1× 150.2×

Shaded band = 10-year range (25.4×–150.2×); dot = today's 25.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin17.7%19.4%18.6%17.0%
Operating margin4.8%7.0%6.4%5.4%
Net margin4.1%5.2%5.0%3.9%
FCF margin-12.1%4.6%7.9%10.2%
Return on assets3.7%5.1%4.4%3.4%
Return on equity13.2%21.7%21.6%15.0%
Debt / equity0.27×0.04×0.09×0.07×
Current ratio0.790.750.670.72

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.