GO
| HSI1 | 22,008.11 | +36.15 | 177.66B |
| HSCEI1 | 8,067.94 | -12.25 | 66.41B |
| Back Zoom + Zoom - Block Traded | |
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2025-04-28 11:24:30 Nomura’s research report noted that BYD COMPANY (01211.HK) saw 1Q25 shipment volume growth outpace revenue growth again, reflecting a decline in ASP due to product mix changes and YoY price reductions. The broker highlighted ongoing intense competition, with BYD’s 1Q25 GPM at 20.1%, down 0.6 ppts YoY. Nomura stated that BYD continued to benefit from its expanding business scale, with sales and marketing expense, G&A and R&D expenses climbing 16%, 30%, and 34% YoY, respectively, all growing slower than revenue. The broker set a target price of HKD491 for BYD with a Buy rating. ~ AAStocks Financial News Web Site: www.aastocks.com | |