BYD Co Ltd Class H
01211: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !Ry | LOCK|?Rc | LOCK|d?W<>^ |
BYD Earnings: Revenue In Line, but Profit Missed Due to Weak Vehicle Margin and Surging Expenses
BYD’s second-quarter automobile revenue grew 17% year on year, thanks to volume growth. However, net profit declined 30% due to a weak vehicle margin and surging operating expenses.
