Warren Buffett-Backed, BYD Expects Net Profit Growth Between 138.6% to 206.8% in 1H2022

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Warren Buffett-Backed, BYD Expects Net Profit Growth Between 138.6% to 206.8% in 1H2022

Seeking Alpha2022-07-14

Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22, up 138.59% - 206.76% Y/Y and after deducting non-recurring gains and losses, net profit to be ...

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paul55555
·2022-07-14
Wow
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虎洁
·2022-07-14
Go BYD
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RMB3.6B ($533M) in 1H22, up 138.59% - 206.76% Y/Y and after deducting non-recurring gains and losses, net profit to be ...</p>\n\n<a href=\"https://seekingalpha.com/news/3856702-warren-buffett-backed-byd-expects-net-profit-growth-between-1386-to-2068-in-1h2022\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01211","symbol_name":"比亚迪股份","start_time":0,"source_url":"https://seekingalpha.com/news/3856702-warren-buffett-backed-byd-expects-net-profit-growth-between-1386-to-2068-in-1h2022","article_id":"1144788405","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144788405","pubTimestamp":1657792792,"sourceInfo":null,"weMediaInfo":null,"summary":"Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"01211":"比亚迪股份","002594":"比亚迪","BYDDY":"比亚迪ADR"},"translate_title":"沃伦·巴菲特支持，比亚迪预计2022年第一季度净利润增长138.6%至206.8%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"002594":0.9,"01211":0.9,"BYDDY":0.9},"content_text":"Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22, up 138.59% - 206.76% Y/Y and after deducting non-recurring gains and losses, net profit to be RMB2.5B - RMB3.3B, up 578.11 % - 795.11% Y/Y.BYD Group's NEV sales grew strongly and kept hitting record highs, leading the market share and achieving rapid year-on-year growth, despite many unfavorable factors including the macroeconomic downturn, Covid outbreaks, chip shortages and continuous increase in raw material prices.In the first half of this year, the company sold 641,350 NEVs, up 314.90% from 154,579 units in the same period last year.As of early July, the company's undelivered orders had accumulated more than 700,000 units and if the production increase plan goes well, BYD's monthly production will reach about 300,000 units in August.The company's June sales jumped 224.02% Y/Y and 16.61% M/M to 134,036 vehicles and Q2 sales jumped 255.63% Y/Y and +24% Q/Q to 355,021 NEVs.Shares declined by double digits on July 12 on speculation that Berkshire Hathaway is reducing its stake in the company.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9076348199,"gmtCreate":1657802168711,"gmtModify":1676536063876,"author":{"id":"3582246479396497","authorId":"3582246479396497","name":"paul55555","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3582246479396497","authorIdStr":"3582246479396497"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076348199","repostId":1144788405,"repostType":4,"repost":{"id":"1144788405","pubTimestamp":1657792792,"share":"https://ttm.financial/m/news/1144788405?lang=&edition=fundamental","pubTime":"2022-07-14 17:59","market":"sh","language":"en","title":"Warren Buffett-Backed, BYD Expects Net Profit Growth Between 138.6% to 206.8% in 1H2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1144788405","media":"Seeking Alpha","summary":"Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22","content":"<html><head></head><body><p>Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22, up 138.59% - 206.76% Y/Y and after deducting non-recurring gains and losses, net profit to be RMB2.5B - RMB3.3B, up 578.11 % - 795.11% Y/Y.</p><p>BYD Group&#39;s NEV sales grew strongly and kept hitting record highs, leading the market share and achieving rapid year-on-year growth, despite many unfavorable factors including the macroeconomic downturn, Covid outbreaks, chip shortages and continuous increase in raw material prices.</p><p>In the first half of this year, the company sold 641,350 NEVs, up 314.90% from 154,579 units in the same period last year.</p><p>As of early July, the company&#39;s undelivered orders had accumulated more than 700,000 units and if the production increase plan goes well, BYD&#39;s monthly production will reach about 300,000 units in August.</p><p>The company&#39;s June sales jumped 224.02% Y/Y and 16.61% M/M to 134,036 vehicles and Q2 sales jumped 255.63% Y/Y and +24% Q/Q to 355,021 NEVs.<img src=\"https://static.tigerbbs.com/5849082943b4dc0485c47e0f5706fdd2\" tg-width=\"750\" tg-height=\"426\" referrerpolicy=\"no-referrer\"/></p><p>Shares declined by double digits on July 12 on speculation that Berkshire Hathaway is reducing its stake in the company.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett-Backed, BYD Expects Net Profit Growth Between 138.6% to 206.8% in 1H2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett-Backed, BYD Expects Net Profit Growth Between 138.6% to 206.8% in 1H2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-14 17:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3856702-warren-buffett-backed-byd-expects-net-profit-growth-between-1386-to-2068-in-1h2022><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22, up 138.59% - 206.76% Y/Y and after deducting non-recurring gains and losses, net profit to be ...</p>\n\n<a href=\"https://seekingalpha.com/news/3856702-warren-buffett-backed-byd-expects-net-profit-growth-between-1386-to-2068-in-1h2022\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"002594":"比亚迪","01211":"比亚迪股份","BYDDY":"比亚迪ADR"},"source_url":"https://seekingalpha.com/news/3856702-warren-buffett-backed-byd-expects-net-profit-growth-between-1386-to-2068-in-1h2022","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144788405","content_text":"Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22, up 138.59% - 206.76% Y/Y and after deducting non-recurring gains and losses, net profit to be RMB2.5B - RMB3.3B, up 578.11 % - 795.11% Y/Y.BYD Group's NEV sales grew strongly and kept hitting record highs, leading the market share and achieving rapid year-on-year growth, despite many unfavorable factors including the macroeconomic downturn, Covid outbreaks, chip shortages and continuous increase in raw material prices.In the first half of this year, the company sold 641,350 NEVs, up 314.90% from 154,579 units in the same period last year.As of early July, the company's undelivered orders had accumulated more than 700,000 units and if the production increase plan goes well, BYD's monthly production will reach about 300,000 units in August.The company's June sales jumped 224.02% Y/Y and 16.61% M/M to 134,036 vehicles and Q2 sales jumped 255.63% Y/Y and +24% Q/Q to 355,021 NEVs.Shares declined by double digits on July 12 on speculation that Berkshire Hathaway is reducing its stake in the company.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9076362227,"gmtCreate":1657795452769,"gmtModify":1676536063035,"author":{"id":"4100154061997160","authorId":"4100154061997160","name":"虎洁","avatar":"https://static.tigerbbs.com/95468b36c721d552193b43a4b0d4efce","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4100154061997160","authorIdStr":"4100154061997160"},"htmlText":"Go BYD","listText":"Go BYD","text":"Go BYD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076362227","repostId":1144788405,"repostType":4,"repost":{"id":"1144788405","pubTimestamp":1657792792,"share":"https://ttm.financial/m/news/1144788405?lang=&edition=fundamental","pubTime":"2022-07-14 17:59","market":"sh","language":"en","title":"Warren Buffett-Backed, BYD Expects Net Profit Growth Between 138.6% to 206.8% in 1H2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1144788405","media":"Seeking Alpha","summary":"Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22","content":"<html><head></head><body><p>Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22, up 138.59% - 206.76% Y/Y and after deducting non-recurring gains and losses, net profit to be RMB2.5B - RMB3.3B, up 578.11 % - 795.11% Y/Y.</p><p>BYD Group&#39;s NEV sales grew strongly and kept hitting record highs, leading the market share and achieving rapid year-on-year growth, despite many unfavorable factors including the macroeconomic downturn, Covid outbreaks, chip shortages and continuous increase in raw material prices.</p><p>In the first half of this year, the company sold 641,350 NEVs, up 314.90% from 154,579 units in the same period last year.</p><p>As of early July, the company&#39;s undelivered orders had accumulated more than 700,000 units and if the production increase plan goes well, BYD&#39;s monthly production will reach about 300,000 units in August.</p><p>The company&#39;s June sales jumped 224.02% Y/Y and 16.61% M/M to 134,036 vehicles and Q2 sales jumped 255.63% Y/Y and +24% Q/Q to 355,021 NEVs.<img src=\"https://static.tigerbbs.com/5849082943b4dc0485c47e0f5706fdd2\" tg-width=\"750\" tg-height=\"426\" referrerpolicy=\"no-referrer\"/></p><p>Shares declined by double digits on July 12 on speculation that Berkshire Hathaway is reducing its stake in the company.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett-Backed, BYD Expects Net Profit Growth Between 138.6% to 206.8% in 1H2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett-Backed, BYD Expects Net Profit Growth Between 138.6% to 206.8% in 1H2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-14 17:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3856702-warren-buffett-backed-byd-expects-net-profit-growth-between-1386-to-2068-in-1h2022><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22, up 138.59% - 206.76% Y/Y and after deducting non-recurring gains and losses, net profit to be ...</p>\n\n<a href=\"https://seekingalpha.com/news/3856702-warren-buffett-backed-byd-expects-net-profit-growth-between-1386-to-2068-in-1h2022\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"002594":"比亚迪","01211":"比亚迪股份","BYDDY":"比亚迪ADR"},"source_url":"https://seekingalpha.com/news/3856702-warren-buffett-backed-byd-expects-net-profit-growth-between-1386-to-2068-in-1h2022","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144788405","content_text":"Chinese EV maker, BYD Company (OTCPK:BYDDF)expects a net profit of RMB2.8B - RMB3.6B ($533M) in 1H22, up 138.59% - 206.76% Y/Y and after deducting non-recurring gains and losses, net profit to be RMB2.5B - RMB3.3B, up 578.11 % - 795.11% Y/Y.BYD Group's NEV sales grew strongly and kept hitting record highs, leading the market share and achieving rapid year-on-year growth, despite many unfavorable factors including the macroeconomic downturn, Covid outbreaks, chip shortages and continuous increase in raw material prices.In the first half of this year, the company sold 641,350 NEVs, up 314.90% from 154,579 units in the same period last year.As of early July, the company's undelivered orders had accumulated more than 700,000 units and if the production increase plan goes well, BYD's monthly production will reach about 300,000 units in August.The company's June sales jumped 224.02% Y/Y and 16.61% M/M to 134,036 vehicles and Q2 sales jumped 255.63% Y/Y and +24% Q/Q to 355,021 NEVs.Shares declined by double digits on July 12 on speculation that Berkshire Hathaway is reducing its stake in the company.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":31,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}