Скачать или смотреть BYD (1211 HK) Deep Dive: Business Model, Numbers, Valuation

BYD (1211 HK) is China’s scale leader in NEVs — but the real edge is structural: batteries and vertical integration were in the DNA long before the EV boom.

In this video, I walk through BYD’s timeline (1995 → today), explain the business model (autos + handset assembly + batteries/energy), then validate the story with the numbers: margins, R&D, EPS step-change, balance sheet, cash generation and valuation — adjusted for the 2025 share-count reset.

00:00 Introduction
00:20 History & why BYD is different (battery-first)
02:12 Business model + revenue mix (autos vs handset vs batteries/energy)
05:27 Economics: margins + reinvestment (R&D)
07:35 Earnings + cash: EPS, balance sheet, working capital, FCF
11:09 Shareholder returns: ROE, dividends, payout
13:08 Valuation + conclusion (quality vs cycle risk)

Key topics & keywords
BYD; 1211 HK; China autos; NEVs; EVs; batteries; vertical integration; R&D; capex; EBITDA; EPS; net cash; working capital; free cash flow; ROE; dividends; valuation; price war; trade policy.

Disclaimer
This video is for education and information only and is not investment advice.

If you found it useful, feel free to like, subscribe and share.
#BYD #1211HK #StockAnalysis #ChinaEquities #ValueInvesting