BYD Company Limited (VIE:BY6)

BYD Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	806,551	761,135	590,468	414,781	208,285	151,940
Other Revenue	15,967	15,967	11,847	9,279	7,857	4,658
Revenue	822,519	777,102	602,315	424,061	216,142	156,598
Revenue Growth (YoY)	35.49%	29.02%	42.03%	96.19%	38.02%	22.59%
Cost of Revenue	666,047	628,946	492,644	352,650	188,705	126,751
Gross Profit	156,472	148,157	109,672	71,411	27,437	29,847
Selling, General & Admin	44,716	42,730	28,833	25,068	11,792	9,377
Research & Development	56,807	53,195	39,575	18,654	7,991	7,465
Other Operating Expenses	4,111	4,481	5,096	5,546	764.68	459.19
Operating Expenses	107,350	102,122	75,043	50,332	21,014	18,450
Operating Income	49,122	46,035	34,628	21,079	6,423	11,397
Interest Expense	-2,094	-2,094	-1,828	-1,316	-1,908	-3,124
Interest & Investment Income	4,850	4,775	4,431	1,830	631.84	214.61
Currency Exchange Gain (Loss)	-1,532	-1,532	638.79	1,216	-533.32	-805.55
Other Non Operating Income (Expenses)	2,247	-21.78	-348.66	-22.05	75.58	31.4
EBT Excluding Unusual Items	52,593	47,163	37,522	22,787	4,689	7,714
Gain (Loss) on Sale of Investments	-2.72	-106.22	257.74	-665.81	-9.78	-324.08
Gain (Loss) on Sale of Assets	-1,751	-1,759	-1,054	-876.12	-112.8	-375.66
Asset Writedown	-291.8	-224.71	-	-413.64	-93.29	-192.95
Other Unusual Items	4,607	4,607	542.6	248.75	44.65	61.61
Pretax Income	55,154	49,681	37,269	21,080	4,518	6,883
Income Tax Expense	8,894	8,093	5,925	3,367	550.74	868.62
Earnings From Continuing Operations	46,260	41,588	31,344	17,713	3,967	6,014
Minority Interest in Earnings	-1,420	-1,334	-1,303	-1,091	-922.08	-1,780
Net Income	44,841	40,254	30,041	16,622	3,045	4,234
Preferred Dividends & Other Adjustments	30.5	30.5	39.81	6.29	19.27	-
Net Income to Common	44,810	40,224	30,001	16,616	3,026	4,234
Net Income Growth	47.12%	34.00%	80.72%	445.86%	-28.08%	162.27%
Shares Outstanding (Basic)	2,913	2,907	2,906	2,908	2,854	2,880
Shares Outstanding (Diluted)	2,915	2,908	2,908	2,910	2,854	2,880
Shares Change (YoY)	0.21%	0.01%	-0.08%	1.97%	-0.91%	-10.79%
EPS (Basic)	15.38	13.84	10.32	5.71	1.06	1.47
EPS (Diluted)	15.38	13.84	10.32	5.71	1.06	1.47
EPS Growth	46.94%	34.09%	80.74%	438.68%	-27.89%	194.00%
Free Cash Flow	23,265	36,094	47,632	43,381	28,123	33,619
Free Cash Flow Per Share	7.98	12.41	16.38	14.90	9.85	11.67
Dividend Per Share	3.974	3.974	3.096	1.142	0.105	0.148
Dividend Growth	28.36%	28.36%	171.10%	987.62%	-29.05%	146.67%
Gross Margin	19.02%	19.06%	18.21%	16.84%	12.69%	19.06%
Operating Margin	5.97%	5.92%	5.75%	4.97%	2.97%	7.28%
Profit Margin	5.45%	5.18%	4.98%	3.92%	1.40%	2.70%
Free Cash Flow Margin	2.83%	4.64%	7.91%	10.23%	13.01%	21.47%
EBITDA	116,693	108,471	76,520	40,783	20,231	23,715
EBITDA Margin	14.19%	13.96%	12.70%	9.62%	9.36%	15.14%
D&A For EBITDA	67,572	62,436	41,892	19,704	13,808	12,318
EBIT	49,122	46,035	34,628	21,079	6,423	11,397
EBIT Margin	5.97%	5.92%	5.75%	4.97%	2.97%	7.28%
Effective Tax Rate	16.13%	16.29%	15.90%	15.97%	12.19%	12.62%
Revenue as Reported	777,102	777,102	602,315	424,061	-	156,598
Advertising Expenses	-	7,847	4,267	2,202	1,355	1,490

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.