
BYD Co Ltd
SZSE:002594

BYD Co Ltd
Revenue
BYD Co Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
![]() |
BYD Co Ltd
SZSE:002594
|
Revenue
ÂĄ682.3B
|
CAGR 3-Years
51%
|
CAGR 5-Years
38%
|
CAGR 10-Years
29%
|
|
![]() |
Xpeng Inc
NYSE:XPEV
|
Revenue
ÂĄ40.9B
|
CAGR 3-Years
25%
|
CAGR 5-Years
77%
|
CAGR 10-Years
N/A
|
|
![]() |
Li Auto Inc
HKEX:2015
|
Revenue
ÂĄ123.9B
|
CAGR 3-Years
136%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Great Wall Motor Co Ltd
SSE:601633
|
Revenue
ÂĄ196B
|
CAGR 3-Years
14%
|
CAGR 5-Years
16%
|
CAGR 10-Years
13%
|
|
![]() |
Seres Group Co Ltd
SSE:601127
|
Revenue
ÂĄ125.8B
|
CAGR 3-Years
97%
|
CAGR 5-Years
48%
|
CAGR 10-Years
N/A
|
|
![]() |
SAIC Motor Corp Ltd
SSE:600104
|
Revenue
ÂĄ651.8B
|
CAGR 3-Years
-6%
|
CAGR 5-Years
-4%
|
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 Revenue?
Revenue
682.3B
CNY
Based on the financial report for Sep 30, 2024, BYD Co Ltd's Revenue amounts to 682.3B CNY.
What is BYD Co Ltd's Revenue growth rate?
Revenue CAGR 10Y
29%
Over the last year, the Revenue growth was 18%. The average annual Revenue growth rates for BYD Co Ltd have been 51% over the past three years , 38% over the past five years , and 29% over the past ten years .