what is the difference between byddf and byddy

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. See rankings and related performance below. Please. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. BYDDF Stock: 10 Things to Know About BYD as Investors Hunt for the Next Both NIO and BYD have attractive offerings on the . In terms of unit sales, among NEVs sold this year in China, commercial vehicles account for 17%, and we think commercial vehicles could account for 24% of NEV sales in 2025 under Chinas new plans. To subscribe to this RSS feed, copy and paste this URL into your RSS reader. It shipped its first 100 cars to Norway in September as a trial run. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) MULN Stock Alert: UNC Charlotte Orders Mullen Vans, BYDDF Stock: 10 Things to Know About BYD as Investors Hunt for the Next Hot EV Play. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Market Realist is a registered trademark. Summary. BYD Competitors and Alternatives 2023 (OTCMKTS:BYDDF) - MarketBeat Zacks Premium - The way to access to the Zacks Rank. How can investors buy BYD stock and what can they expect? Electric vehicles are here to stay; no longer is that disputed. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. This has been, still is, and certainly will continue to be what differentiates BYD the most. The policy also advocates for improvements in EV components, more funding for efficient charging and battery swapping networks, and a better green car quota system to help OEMs transition to NEVs. This is, compared to legacy automakers such as Volkswagen (OTCPK:VWAGY), General Motors (GM), Ford (F), or Toyota (TM), still not a low valuation, though, as those mostly trade for 0.5-1 times sales. It is essentially the inverse of the P/E ratio. China is a leading EV market, and it looks like Chinese players will have it easier in their home market compared to foreign companies. Thanks for contributing an answer to Personal Finance & Money Stack Exchange! It measures a company's ability to pay short-term obligations. BYD was not looking at the U.S. market as a major revenue stream, but rather to establish its brand overseas. These are, however, issues that could be dealt with if management wants to. Byd Co. (BYDDY) (Delayed Data from OTC) $60.65 USD -1.32 (-2.13%) Updated Apr 28, 2023 03:59 PM ET Add to portfolio Zacks Rank: 1-Strong Buy 1 Style Scores: C Value | D Growth | D Momentum | D. It is used to help gauge a company's financial health. On top of that, using EV technology instead of diesel-powered vehicles will lead to lower local emissions and can thus translate to cleaner air. First, BYD's management is not doing a good job at promoting the stock and increasing name recognition, showcased by the fact that other, even way smaller EV companies have much higher follower counts. ROE values, like other values, can vary significantly from one industry to another. According to He Long, president of BYDs battery business unit, nearly every automaker youve ever heard of has reached out to BYD regarding technical cooperation, especially after Blades launch. Hi guys,in this video I want to clarify the question what the difference between the two BYD tickers BYDDF and BYDDY is. Looking for a helping hand in the market? No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Asking for help, clarification, or responding to other answers. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. I am not receiving compensation for it (other than from Seeking Alpha). Is this happening to you frequently? Seeking Alpha's Disclosure: Past performance is no guarantee of future results. stocks. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. For more information, please see our In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. Founded in 2003, the company is a leading player in Asia. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. NIO is a play on the high-end electric car market while XPeng offers affordable electric cars. Considering that there's currently a shortage of batteries, BYD will likely be able to improve the performance of its battery business in Q2, as very few automakers have the possibility of producing batteries in-house. BYD has been waiting years for the markets to accept EVs as commonplace. Nevertheless, BYD stock still has outperformed Tesla (TSLA) and its closest Chinese peers such as NIO (NIO), XPeng (XPEV), and Li Auto (LI) in the last six months and is slowly recovering to its previous highs on the overall bullish sentiment. There are 17 Sectors, 60 different M Industries, and 265 X Industries. BYD (OTCPK:BYDDF, OTCPK:BYDDY) released its third quarter earnings, where net income was up 781% Y/Y and EPS up 3,000% Y/Y. After all, Tesla didn't grow its sales by 400%+, nor did NIO grow its sales by 1,600%. BYD (BYDDF) Stock Forecast, Price & News $30.29 -0.65 (-2.10%) (As of 04/28/2023 ET) Compare Today's Range $29.99 $30.75 50-Day Range $25.04 $30.94 52-Week Range $21.29 $43.61 Volume 58,953 shs Average Volume 59,964 shs Market Capitalization $88.18 billion P/E Ratio 59.39 Dividend Yield N/A Price Target N/A Thats well above the companys daily average trading volume of roughly 136,000 shares. BYD Company - Wikipedia If the P/S ratio is 1, that means you're paying $1 for every $1 of sales the company makes. Many online brokers including Robinhood, eToro, Charles Schwab, and Fidelity support trading in BYDs BYDDY stock. BYD has been reporting strong car sales. A company like BYD comes once in a blue moon, and its stock is already up 398% YTD. Like most ratios, this number will vary from industry to industry. The median P/B ratio for stocks in the S&P is just over 3. Like the P/E ratio, a lower number is considered better. Beyond China, BYD has bus factories in Brazil, Canada, the U.S., and Europe. That is a 33% cost reduction from battery and IGBT costs alone for BYD compared to the best-selling EV model in the world. If you liked our writing style and our view on the market dont forget to subscribe. If the null hypothesis is never really true, is there a point to using a statistical test without a priori power analysis? BYD expects battery production capacity will reach 65 GWh by the end of this year, 75 GWh in 2021, and 100 GWh in 2022. A higher number means the more debt a company has compared to its capital structure. Buffett appears to think that BYD has brighter prospects than rival Tesla. Analysts Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. You can buy any of the stock versions because they represent the same company. Bears of Wall Street is happy to announce that you can gain access to the growing library of similar articles with a bearish sentiment by subscribing to the #1 Seeking Alpha marketplace service for short ideas called Best Short Ideas. Li Auto delivered 12,759 vehicles in the first quarter while XPeng delivered 5,102 vehicles in March which took its Q1 2021 deliveries to 13,340. That does not mean that all companies with large growth rates will have a favorable Growth Score. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. BYD: Why Buffett's EV Choice Is Better Than The Rest (BYDDF) BYDDF vs BYDDY : r/wallstreetbets - Reddit That said, the company is a strong player in the Chinese EV market. Is BYD bigger than Tesla? - True goodie We believe purchasing BYDs stock is a good way of exposing your portfolio to the EV industry. As for BYD last month, it sold 87% of e-buses in China, and it has already sold nearly twice as many e-buses in China this year since the same period last year. Entering text into the input field will update the search result below. 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. At this stage, BYD's major advantage is that it's already one of the most dominant companies in the EV industry in China, which is also the biggest EV market in the world. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. It's also commonly referred to as a 'liquidity ratio'. The Current Ratio is defined as current assets divided by current liabilities. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. BYD North America supplies buses to over 50 customers in the U.S. alone, with over 400 buses on U.S. streets (more than any other electric bus). Sure, Tesla is due credit for glamorizing the electric car, and OEMs and startups are actually making some compelling electric cars, even if not yet production-ready, but no other company has the ability to produce beyond passenger electric vehicles, and certainly not the batteries to do so. BYDs major advantage is that its already one of the most dominant companies in the EV industry in China, which is also the biggest EV market in the world. the fact that there was a large wave of new investors joining the market, many of them young and interested in potentially "disruptive" technologies. Among EV stocks, it seems like one of the better investments from a risk/reward perspective for sure. Zacks Style Scores Education - Learn more about the Zacks Style Scores. BYD is a Chinese electric batteries maker. Byddf and Byddy are both a contraction of "By Dear Foe , and both refer to the inventor's name, James B. Ford. Ironically, it may be the U.S. market that will soon be begging for BYD cars, as well as EVs from NIO, Xpeng, and other Chinese OEMs. A P/B of 0.5 means its selling at half its book value. Many investors prefer EV to just Market Cap as a better way to determine the value of a company. In addition, in Q1 BYD delivered a total of 104,145 vehicles, up 70% Y/Y, significantly more than its Chinese peers NIO, XPeng and Li Auto combined. One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. InvestorPlace is home to all the latest stock news traders will want to know about. Regardless of the many ways investors use this item, whether looking at a stock's price change, an index's return, or a portfolio manager's performance, this time-frame is a common judging metric in the financial industry. BYDDF is traded on Hong Kong Stock Exchange" Where did that quote come from? A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. To learn more, click here. In 2008, Buffett and company sold the . A P/B of 1 means it's selling at its per share book value. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The difference is that BYDDY is the ADR of BYD stock, while BYDDF is its H-shares.

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