
BYD Co Ltd
SZSE:002594

BYD Co Ltd
Operating Expenses
BYD Co Ltd
Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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BYD Co Ltd
SZSE:002594
|
Operating Expenses
-ÂĄ89.1B
|
CAGR 3-Years
-71%
|
CAGR 5-Years
-48%
|
CAGR 10-Years
-30%
|
|
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Xpeng Inc
NYSE:XPEV
|
Operating Expenses
-ÂĄ12.7B
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-32%
|
CAGR 10-Years
N/A
|
|
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Li Auto Inc
HKEX:2015
|
Operating Expenses
-ÂĄ22.6B
|
CAGR 3-Years
-49%
|
CAGR 5-Years
-65%
|
CAGR 10-Years
N/A
|
|
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Great Wall Motor Co Ltd
SSE:601633
|
Operating Expenses
-ÂĄ19.8B
|
CAGR 3-Years
-16%
|
CAGR 5-Years
-21%
|
CAGR 10-Years
-14%
|
|
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Seres Group Co Ltd
SSE:601127
|
Operating Expenses
-ÂĄ24.6B
|
CAGR 3-Years
-108%
|
CAGR 5-Years
-56%
|
CAGR 10-Years
N/A
|
|
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SAIC Motor Corp Ltd
SSE:600104
|
Operating Expenses
-ÂĄ69.9B
|
CAGR 3-Years
5%
|
CAGR 5-Years
6%
|
CAGR 10-Years
-1%
|
BYD Co Ltd
Glance View
Once a humble rechargeable battery manufacturer, BYD Co Ltd has morphed into a formidable player in the global automotive and electronics landscape, especially within the realm of electric vehicles (EVs). Founded in 1995 by Wang Chuanfu, the company seized on China's burgeoning demand for mobile phones and other portable devices, quickly capturing a significant share of the battery market by providing reliable, cost-effective solutions. This initial success laid a solid foundation for BYD's ambitious foray into the automobile industry in the early 2000s, culminating in its present position as one of the world's leading EV producers. An intriguing aspect of BYD’s strategy has been its vertically integrated business model. It not only manufactures batteries but also designs and produces its own electric motors and controllers, giving it cost advantages and greater control over its production process. Beyond automobiles, BYD's operations extend to rail transit, electronics, and renewable energy, each playing a critical role in diversifying its revenue streams. The company builds monorail systems under its SkyRail brand, contributing to urban transportation solutions, while its electronics division provides essential components for a range of devices, leveraging its expertise in batteries. Meanwhile, its photovoltaic operations tap into global solar energy demands, further cementing BYD's dedication to sustainable development. Each arm of BYD's business serves as a cog in its strategic machine, crafting an ecosystem that emphasizes efficiency, reduced environmental impact, and innovation. Through this multi-faceted approach, BYD generates revenue not just from vehicle sales, but also from its technological advancements distributed across other sectors, creating a comprehensive and resilient business model.

See Also
What is BYD Co Ltd's Operating Expenses?
Operating Expenses
-89.1B
CNY
Based on the financial report for Sep 30, 2024, BYD Co Ltd's Operating Expenses amounts to -89.1B CNY.
What is BYD Co Ltd's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-30%
Over the last year, the Operating Expenses growth was -28%. The average annual Operating Expenses growth rates for BYD Co Ltd have been -71% over the past three years , -48% over the past five years , and -30% over the past ten years .