Etiqueta: Sales

In recent days, China’s major automakers have released their sales and delivery figures for October 2025. SAIC Motor sold 454,000 vehicles in October, a

Support CleanTechnica's work through a Substack subscription or on Stripe. BYD’s passenger vehicle sales had mixed results in October, with BEVs up, PHEVs down even more, and plugin passenger cars down overall. It was a similar such split in commercial vehicle sales. Electric bus sales were down, while non-bus electric ... [continued]

Support CleanTechnica's work through a Substack subscription or on Stripe. BYD had mixed results in October when it comes to vehicle sales. On the one hand, its full battery electric vehicle (BEV) sales were up solidly, +34.5% year over year. That’s the number pure EV fans are most interested in, ... [continued]

BYD Co. (BYDDF) could be entering a tougher stretch as investor confidence wanes. The automaker's shares slipped 1.9% to HK$98.70 in early Hong Kong trading Monday, hovering near a nine-month low after reporting a 12% year-on-year drop in October sales to 441,706 vehicles. The stock has now fallen…

China’s largest automaker, BYD, reported a 20% year-on-year plunge in global vehicle sales to 429,808 units in October.

BYD (SEHK:1211) just released its financial results for the first nine months of 2025. The company reported higher sales and revenue than last year, though net income and earnings per share dipped during the same period. See our latest analysis for BYD. BYD’s latest results come after a stretch of notable share price volatility, with the stock recently trading at HK$100.6 following a 16.9% year-to-date share price return. Despite short-term pullbacks, including a 12.1% decline over the past...

China's BYD (OTCPK:BYDDF) vehicle sales in October 2025 fell by 12% compared to the same month a year earlier, with 441,706 vehicles sold versus 502,675 in October 2024. This marks the carmaker's second consecutive month of Y/Y sales decline.

BYD announced its 3Q results at the end of October. Revenue was down 3%, while net profit was down 32.6%. Overall, that does not look good compared to their recent growth and fell short of expectations. But it gets more interesting when you get into the details.Not only did R&D expenses go up 31%, but development capital expenditures went up a whopping 519.65% YoY “Mainly due to the increase in in-house R&D investments.” Most of their research and development is still accounted for as expenses (43.75 billion RMB versus 3.15 billion RMB), but that is clearly a significant increase. In combination, R&D was roughly twice net profits, and net profit would have gone up if R&D was flat.Inventory was up 31.83%, due mainly “to the augmentation of automobile business.” In other words, updated product that has not yet been delivered.“Contract liabilities” went up by 40.29% YoY, “mainly due to the increase in advance receipts of the automobile business.” In other words, deposits taken on vehicles that have not yet been delivered. Having obligations to deliver vehicles that have already received deposits is overall a good kind of liability.Non-current assets were up 50.36%, while long-term receivables were up 54.90%, mainly due to increases in leasing. This foreshadows future revenue.The balance sheet overall saw a significant improvement, with assets up 15.14% and shareholder equity (assets minus liabilities) up 32.53%. Construction in progress was up 144.15%, with several global factories being built, as well as the world’s largest R&D center. However, borrowing is up while payables are down, with shifts on the balance sheet likely reflecting shorter payment terms in vendor contracts.

BYD Co. shares neared the lowest in almost nine months Monday after the automaker posted its second consecutive drop in sales, again falling to No. 2 in the Chinese market.

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