BYD Co Ltd Class A

002594: XSHE (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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BYD Earnings: Profit in Line; Global Expansion Supports Vehicle Margin Amid Domestic Headwinds

Vincent Sun

Oct 30, 2026

BYD's third-quarter automobile revenue grew 14% year on year, driven by a recovery in vehicle sales volume. With export growth offsetting weaker domestic sales, vehicle margin remained stable and net profit increased 28%.

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BYD Co Ltd Class A

BYD Earnings: Profit in Line; Global Expansion Supports Vehicle Margin Amid Domestic Headwinds

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