BYD Company Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	759,490	785,676	761,135	590,468	414,781	208,285
Other Revenue	18,009	18,289	15,967	11,847	9,279	7,857
Revenue	777,499	803,965	777,102	602,315	424,061	216,142
Revenue Growth	-8.23%	3.46%	29.02%	42.03%	96.19%	38.02%
Cost of Revenue	638,339	662,927	628,946	492,644	352,650	188,705
Gross Profit	139,160	141,038	148,157	109,672	71,411	27,437
Selling, General & Admin	46,476	46,385	42,730	28,833	25,068	11,792
Research & Development	51,689	57,978	53,195	39,575	18,654	7,991
Other Operating Expenses	-26.1	2,293	700.75	5,096	5,546	764.68
Operating Expenses	99,118	107,273	98,341	75,043	50,332	21,014
Operating Income	40,042	33,765	49,815	34,628	21,079	6,423
Interest Expense	-3,495	-2,552	-2,094	-1,828	-1,316	-1,908
Interest & Investment Income	4,536	5,294	4,775	4,431	1,830	631.84
Currency Exchange Gain (Loss)	1,034	1,034	-1,532	638.79	1,216	-533.32
Other Non Operating Income (Expenses)	-8,599	-260.49	804.96	193.94	-22.05	75.58
EBT Excluding Unusual Items	33,518	37,280	51,770	38,065	22,787	4,689
Gain (Loss) on Sale of Investments	39.48	364.24	-106.22	257.74	-665.81	-9.78
Gain (Loss) on Sale of Assets	-782.81	-855.56	-1,759	-1,054	-876.12	-112.8
Asset Writedown	-282.44	-	-224.71	-	-413.64	-93.29
Other Unusual Items	2,965	2,965	-	-	248.75	44.65
Pretax Income	35,457	39,753	49,681	37,269	21,080	4,518
Income Tax Expense	5,401	5,992	8,093	5,925	3,367	550.74
Earnings From Continuing Operations	30,056	33,761	41,588	31,344	17,713	3,967
Minority Interest in Earnings	-621.98	-1,142	-1,334	-1,303	-1,091	-922.08
Net Income	29,434	32,619	40,254	30,041	16,622	3,045
Preferred Dividends & Other Adjustments	123.66	292.12	30.5	39.81	6.29	19.27
Net Income to Common	29,310	32,327	40,224	30,001	16,616	3,026
Net Income Growth	-30.08%	-19.63%	34.08%	80.55%	449.13%	-28.54%
Shares Outstanding (Basic)	9,089	9,026	8,721	8,719	8,724	8,563
Shares Outstanding (Diluted)	9,089	9,026	8,725	8,724	8,731	8,563
Shares Change	2.79%	3.45%	0.01%	-0.08%	1.97%	-0.91%
EPS (Basic)	3.22	3.58	4.61	3.44	1.90	0.35
EPS (Diluted)	3.22	3.58	4.61	3.44	1.90	0.35
EPS Growth	-32.13%	-22.34%	34.01%	80.74%	438.72%	-27.90%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-56,350	-97,672	36,094	47,632	43,381	28,123
Free Cash Flow Per Share	-6.20	-10.82	4.14	5.46	4.97	3.28
Dividend Per Share	0.358	0.358	1.325	1.032	0.381	0.035
Dividend Growth	-72.97%	-72.97%	28.36%	171.08%	987.71%	-29.01%
Gross Margin	17.90%	17.54%	19.06%	18.21%	16.84%	12.69%
Operating Margin	5.15%	4.20%	6.41%	5.75%	4.97%	2.97%
Profit Margin	3.77%	4.02%	5.18%	4.98%	3.92%	1.40%
Free Cash Flow Margin	-7.25%	-12.15%	4.64%	7.91%	10.23%	13.01%
EBITDA	117,829	109,681	112,251	76,520	40,783	20,231
EBITDA Margin	15.15%	13.64%	14.45%	12.70%	9.62%	9.36%
D&A For EBITDA	77,787	75,916	62,436	41,892	19,704	13,808
EBIT	40,042	33,765	49,815	34,628	21,079	6,423
EBIT Margin	5.15%	4.20%	6.41%	5.75%	4.97%	2.97%
Effective Tax Rate	15.23%	15.07%	16.29%	15.90%	15.97%	12.19%
Revenue as Reported	-	-	-	-	424,061	-
Advertising Expenses	-	8,791	7,847	4,267	2,202	1,355