The massive China-based electric vehicle company BYD (1211 HKG)* with more than 968,000 employees and a market capitalization of ~$155.5B is not only caught in the tariff crossfire between Donald Trump and the Chinese Government, but it has its own business structure problems as well.
“BYD posted record 2024 results with revenues of $108.1 billion (CNY777.1 billion) (+29% year-on-year (YoY)) and net profit of $5.6 billion (CNY40.2 billion) (+34% YoY). However, experts warn that the company’s growing reliance on supply chain financing could expose it to serious financial risks if market conditions deteriorate,” said Murthy Grandhi, Company Profiles Analyst at GlobalData. Continue reading →
GlobalData – Chinese BYD Hidden Debt Risk
The massive China-based electric vehicle company BYD (1211 HKG)* with more than 968,000 employees and a market capitalization of ~$155.5B is not only caught in the tariff crossfire between Donald Trump and the Chinese Government, but it has its own business structure problems as well.
“BYD posted record 2024 results with revenues of $108.1 billion (CNY777.1 billion) (+29% year-on-year (YoY)) and net profit of $5.6 billion (CNY40.2 billion) (+34% YoY). However, experts warn that the company’s growing reliance on supply chain financing could expose it to serious financial risks if market conditions deteriorate,” said Murthy Grandhi, Company Profiles Analyst at GlobalData. Continue reading →