BYD Company Limited
BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. It operates in two segments, Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products. The Mobile Handset Components, Assembly Service and Other Products s… Read more
BYD Company Limited (BYDDF) - Net Assets
Latest net assets as of June 2025: $244.75 Billion USD
Based on the latest financial reports, BYD Company Limited (BYDDF) has net assets worth $244.75 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($846.34 Billion) and total liabilities ($601.59 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $244.75 Billion |
| % of Total Assets | 28.92% |
| Annual Growth Rate | 21.72% |
| 5-Year Change | 208.26% |
| 10-Year Change | 451.46% |
| Growth Volatility | 31.51 |
BYD Company Limited - Net Assets Trend (2002–2024)
This chart illustrates how BYD Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BYD Company Limited (2002–2024)
The table below shows the annual net assets of BYD Company Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $198.69 Billion | +32.05% |
| 2023-12-31 | $150.46 Billion | +23.95% |
| 2022-12-31 | $121.39 Billion | +16.45% |
| 2021-12-31 | $104.24 Billion | +61.73% |
| 2020-12-31 | $64.45 Billion | +2.96% |
| 2019-12-31 | $62.60 Billion | +3.14% |
| 2018-12-31 | $60.69 Billion | +1.23% |
| 2017-12-31 | $59.96 Billion | +8.21% |
| 2016-12-31 | $55.41 Billion | +53.79% |
| 2015-12-31 | $36.03 Billion | +24.69% |
| 2014-12-31 | $28.89 Billion | +16.25% |
| 2013-12-31 | $24.86 Billion | +2.95% |
| 2012-12-31 | $24.14 Billion | +0.68% |
| 2011-12-31 | $23.98 Billion | +13.38% |
| 2010-12-31 | $21.15 Billion | +11.16% |
| 2009-12-31 | $19.03 Billion | +42.66% |
| 2008-12-31 | $13.34 Billion | +7.47% |
| 2007-12-31 | $12.41 Billion | +147.44% |
| 2006-12-31 | $5.02 Billion | +25.55% |
| 2005-12-31 | $3.99 Billion | +1.73% |
| 2004-12-31 | $3.93 Billion | +15.50% |
| 2003-12-31 | $3.40 Billion | +29.16% |
| 2002-12-31 | $2.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BYD Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 22525.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $106.02 Billion | 57.23% |
| Common Stock | $2.91 Billion | 1.57% |
| Other Comprehensive Income | $77.04 Billion | 41.59% |
| Total Equity | $185.25 Billion | 100.00% |
BYD Company Limited Competitors by Market Cap
The table below lists competitors of BYD Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Parker-Hannifin Corporation
NYSE:PH
|
$112.37 Billion |
|
ServiceNow Inc
NYSE:NOW
|
$112.98 Billion |
|
Medtronic PLC
NYSE:MDT
|
$113.17 Billion |
|
Lloyds Banking Group PLC CEDEAR
BA:LYG
|
$113.64 Billion |
|
Altria Group
NYSE:MO
|
$112.08 Billion |
|
Capital One Financial Corporation
NYSE:COF
|
$111.74 Billion |
|
Intuit Inc
NASDAQ:INTU
|
$111.19 Billion |
|
Applovin Corp
NASDAQ:APP
|
$111.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BYD Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 138,810,065,000 to 185,251,104,000, a change of 46,441,039,000 (33.5%).
- Net income of 40,254,346,000 contributed positively to equity growth.
- Dividend payments of 9,636,015,000 reduced retained earnings.
- Share repurchases of 400,028,000 reduced equity.
- Other comprehensive income increased equity by 67,325,025,000.
- Other factors decreased equity by 51,102,289,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $40.25 Billion | +21.73% |
| Dividends Paid | $9.64 Billion | -5.2% |
| Share Repurchases | $400.03 Million | -0.22% |
| Other Comprehensive Income | $67.33 Billion | +36.34% |
| Other Changes | $-51.10 Billion | -27.59% |
| Total Change | $- | 33.46% |
Book Value vs Market Value Analysis
This analysis compares BYD Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 56.08x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $0.79 | $44.33 | x |
| 2003-12-31 | $1.00 | $44.33 | x |
| 2004-12-31 | $1.19 | $44.33 | x |
| 2005-12-31 | $1.21 | $44.33 | x |
| 2006-12-31 | $0.80 | $44.33 | x |
| 2007-12-31 | $1.74 | $44.33 | x |
| 2008-12-31 | $1.84 | $44.33 | x |
| 2009-12-31 | $2.59 | $44.33 | x |
| 2010-12-31 | $2.70 | $44.33 | x |
| 2011-12-31 | $3.05 | $44.33 | x |
| 2012-12-31 | $2.60 | $44.33 | x |
| 2013-12-31 | $3.01 | $44.33 | x |
| 2014-12-31 | $3.51 | $44.33 | x |
| 2015-12-31 | $4.27 | $44.33 | x |
| 2016-12-31 | $6.36 | $44.33 | x |
| 2017-12-31 | $6.31 | $44.33 | x |
| 2018-12-31 | $6.15 | $44.33 | x |
| 2019-12-31 | $6.94 | $44.33 | x |
| 2020-12-31 | $6.95 | $44.33 | x |
| 2021-12-31 | $11.03 | $44.33 | x |
| 2022-12-31 | $12.71 | $44.33 | x |
| 2023-12-31 | $15.91 | $44.33 | x |
| 2024-12-31 | $21.25 | $44.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BYD Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.18%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 4.23x
- Recent ROE (21.73%) is above the historical average (12.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 25.60% | 28.74% | 0.72x | 1.25x | $401.16 Million |
| 2003 | 25.57% | 20.36% | 0.74x | 1.71x | $505.36 Million |
| 2004 | 23.12% | 13.88% | 0.75x | 2.23x | $507.32 Million |
| 2005 | 9.38% | 5.65% | 0.61x | 2.72x | $-24.40 Million |
| 2006 | 20.45% | 7.71% | 0.86x | 3.07x | $516.15 Million |
| 2007 | 15.05% | 7.60% | 0.72x | 2.74x | $540.90 Million |
| 2008 | 9.05% | 3.68% | 0.85x | 2.88x | $-107.31 Million |
| 2009 | 22.74% | 9.23% | 1.02x | 2.42x | $2.13 Billion |
| 2010 | 13.67% | 5.21% | 0.91x | 2.87x | $677.38 Million |
| 2011 | 6.55% | 2.84% | 0.74x | 3.11x | $-727.83 Million |
| 2012 | 0.38% | 0.17% | 0.70x | 3.24x | $-2.04 Billion |
| 2013 | 2.55% | 1.05% | 0.69x | 3.52x | $-1.62 Billion |
| 2014 | 1.71% | 0.74% | 0.62x | 3.71x | $-2.10 Billion |
| 2015 | 8.74% | 3.53% | 0.69x | 3.58x | $-406.00 Million |
| 2016 | 9.86% | 4.88% | 0.71x | 2.83x | $-73.44 Million |
| 2017 | 7.39% | 3.84% | 0.59x | 3.24x | $-1.43 Billion |
| 2018 | 5.04% | 2.14% | 0.67x | 3.52x | $-2.74 Billion |
| 2019 | 2.84% | 1.26% | 0.65x | 3.45x | $-4.06 Billion |
| 2020 | 10.57% | 3.84% | 0.78x | 3.53x | $326.54 Million |
| 2021 | 3.20% | 1.41% | 0.73x | 3.11x | $-6.46 Billion |
| 2022 | 14.97% | 3.92% | 0.86x | 4.45x | $5.52 Billion |
| 2023 | 21.64% | 4.99% | 0.89x | 4.90x | $16.16 Billion |
| 2024 | 21.73% | 5.18% | 0.99x | 4.23x | $21.73 Billion |
Industry Comparison
This section compares BYD Company Limited's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $19,327,475,735
- Average return on equity (ROE) among peers: -101.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BYD Company Limited (BYDDF) | $244.75 Billion | 25.60% | 2.46x | $112.14 Billion |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $138.98 Million | 0.40% | 0.00x | $23.12 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $249.00 Million | -43.01% | 3.45x | $289.13 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $803.89 |
| AYRO Inc (AYRO) | $3.04 Million | -525.91% | 0.85x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $92.92 Billion | 12.15% | 1.70x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $79.38 Billion | 3.82% | 1.13x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $9.04 Million | -146.60% | 1.53x | $1.33K |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $8.60 Million |