what is the difference between byddf and byddy

Chinese EV companies have been waiting for their chance to enter the U.S. market, and with a new president who embraces EVs and acknowledges Chinas technological success, their time may be here. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Growth traders and investors will tend to look for growth rates of 20% or higher. Asking for help, clarification, or responding to other answers. ""BYDDY is a sponsored ADR. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Looking at the company's sales performance on a year-over-year basis, we see that BYD has grown its EV deliveries by about 150% between Q1 2020 and Q1 2021. Would My Planets Blue Sun Kill Earth-Life? One of the major investors of BYD is Warren Buffetts Berkshire Hathaway, which holds an 8.2% stake in the company that was purchased back in 2008 for $232 million. Cash Flow is a measurement of a company's health. I wrote this article myself, and it expresses my own opinions. This new EV will be exclusive to the Chinese automotive market. Analysts Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. stocks. BYD (OTCPK:BYDDF) (OTCPK:BYDDY) is one of the most popular Chinese EV manufacturers that doesn't have as much exposure as its peers since its stock is not trading directly on major American exchanges. There are 17 Sectors, 60 different M Industries, and 265 X Industries. Now that it has, BYD is right where it wants to be. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. BYDDF trades at HKD:USD conversion rate (0.13) of the HK shares, so that makes financial breakdowns in USD easier, and BYDDY trades at 2x BYDDF. A 'good' number would usually fall within the range of 1.5 to 3. It also operates in North America via its U.S. headquarters in Los Angeles, Calif. ", When I Googled this, I saw "ARKQ (ETF) is holding BYD/BYDDF. Site design / logo 2023 Stack Exchange Inc; user contributions licensed under CC BY-SA. Market Realist is a registered trademark. Also, I anticipate BYD will introduce a battery leasing program within the next year. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. Manufacturing its own battery cells has always afforded BYD an advantage in its margins, but Blade Battery and BYD Semiconductors IGBT contributed that much more. Electric vehicles are here to stay; no longer is that disputed. On top of that, while BYD's 5-year revenue CAGR was ~16%, the increase in popularity of EVs along with a stunning performance in Q1 signal that the growth of the top-line will accelerate as well in the following years and the street already expects the company to make over $30 billion in revenues in FY22. IGBTs are expensive, and not many companies produce them, though the global market for IGBTs is currently ~$1.5B, and is expected to quadruple in the next five years. BYD already has a presence in the U.S., with its North American headquarters located in Los Angeles. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Add in BYD's promising commercial EV business and its growing battery manufacturing business, and BYD could be valued at several hundred billion dollars. It takes the consensus estimate for the current fiscal year (F1) divided by the EPS for the last completed fiscal year (F0) (actual if reported, the consensus if not). For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. Analysts Disclosure: I am/we are long XPEV, BYDDF. BYD announced in September its participation in a statewide contract will allow American transit agencies to leverage Californias purchase power to buy U.S.-built zero-emission BYD electric coach buses. Nasdaq Gross margins jumped from 13.9% to 22.3% in the third quarter (60% Q/Q). Besides electric cars, BYDs other products include electric bikes, rechargeable batteries, and solar panels. How does the broker benefit from shorting stock? BYDDF is up 398% YTD, and 37% since my article last month. Biden knows the U.S. has fallen behind China in the clean energy race; his campaign website even says, In 2017, China invested $3 in renewable energy for every $1 in America, giving China an edge on the technologies of tomorrowBy 2030, the Biden Administration will put the United States back in the drivers seat. NIO is a play on the high-end electric car market while XPeng offers affordable electric cars. China wants to increase technological self-reliance and reduce emissions; BYD already sets a perfect example of how to do both, and will continue to be key in helping the country hit its bold clean energy targets. The best answers are voted up and rise to the top, Start here for a quick overview of the site, Detailed answers to any questions you might have, Discuss the workings and policies of this site. Could a subterranean river or aquifer generate enough continuous momentum to power a waterwheel for the purpose of producing electricity? I am not receiving compensation for it (other than from Seeking Alpha). Now Berkshire's stake is worth well over $5 billion and BYD is in the top 10 largest holdings of the fund to date. BYD reminds me way more of a chinese Tesla than NIO because BYD also has other fields they do things in . Entering text into the input field will update the search result below, still can invest in the company by purchasing its shares via an OTC market and benefiting from the possible appreciation of its stock, as there's every reason to believe that the sales of its electric vehicles in China will only increase in the following decade. The analyzed items go beyond simple trend analysis. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. During the first quarter, the company sold 55,000 New Energy Vehicles, or NEVs, with 53,000 of those being plug-in EVs. Reddit and its partners use cookies and similar technologies to provide you with a better experience. This is a medium-term price change metric. I see the most upside for BYDDF, but all three Chinese EV stocks are only in the second inning. This could also mean that BYD's peers are very overvalued and that BYD is not undervalued. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. EV play Hi folks. BYDDF is seeing heavier trading than normal today. By clicking Accept all cookies, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. A post on popular Reddit group WallStreetBets, which was upvoted over 2,100 times, referred to BYD among the value stocks listed by Keith Gill on his Reddit forum. The other. Please disable your ad-blocker and refresh. I wrote this article myself, and it expresses my own opinions. Chinas Ministry of Industry and Information Technology published an NEV outlook last year that set a goal for NEVs to make up 25% of new vehicle sales by 2025; similar to a company updating guidance for the next quarter, the government has established a more accurate and realistic target of 20% based on Chinas progress up to this point. BYD is a chinese company that has seen really stable and good growth this year but i havent seen anyone posting about it or commenting that he owns the stock . It shipped its first 100 cars to Norway in September as a trial run. BYD has been reporting strong car sales. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. Offers may be subject to change without notice. The monthly returns are then compounded to arrive at the annual return. It's packed with all of the company's key stats and salient decision making information. But, it's made even more meaningful when looking at the longer-term 4 week percent change. Companies such as NIO, Tesla, XPeng are mostly focused on developing and selling EVs, while BYD has a wider approach. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. Both are traded Over the Counter (OTC). The income number is listed on a company's Income Statement. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. That includes whats happening with Phunware(NASDAQ:PHUN), EVgo(NASDAQ:EVGO), and Ensysce Biosciences(NASDAQ:ENSC) shares today. BYD has electric commercial vehicles in ten market segments: buses, coaches, and taxis; logistics, construction, and sanitation vehicles; and vehicles for warehousing, port, airport, and mining operations. This is in addition to its 14 variants of electric passenger vehicles. Chinas fast-expanding middle-class population is also an advantage for BYD, especially in the luxury car market. What's the difference? While the one year change shows the current conditions, the longer look-back period shows how this metric has changed over time and helps put the current reading into proper perspective. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. NIO has allocated many staff members for its export business unit, aiming to sell 7,000 ES8 and ES6 SUVs in Europe within two years. For BYD's newest model, Han (performance of a Tesla Model S for the price of a Model 3), we estimate the IGBT and battery at the pack level combined cost to be only 25.4% of the total manufacturing cost, despite the cars narrower gross margins. In 2002, Berkshire Hathaway acquired a majority stake in Tellabs, a defense communications company.

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