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<Research>CMBI: BYD COMPANY's 1Q Avg. Selling Price & GPM Beat
According to a CMBI research report, BYD COMPANY (01211.HK)'s average selling price and GPM in 1Q26 were both better than the broker's previous forecasts, mainly driven by ...
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<Research>CMBI: BYD COMPANY's 1Q Avg. Selling Price & GPM Beat
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According to a CMBI research report, BYD COMPANY (01211.HK)  -1.700 (-1.703%)    Short selling $699.25M; Ratio 26.872%   's average selling price and GPM in 1Q26 were both better than the broker's previous forecasts, mainly driven by contributions from overseas businesses.

The broker expects BYD COMPANY's GPM to remain stable in 2026, given that the overseas vehicle GPM should be 6-8 ppts higher than that in the Chinese market.

Related News JPM Upbeat on BYD COMPANY (01211.HK) Citing Three New Positives: Domestic Sales Guidance Beats, Overseas Sales Upside, New Models to Drive Marked Profit Improvement
Believing that BYD COMPANY will continue to be one of the biggest beneficiaries in a high oil price environment, CMBI has kept a Buy rating on the carmaker, with a target price of HKD125.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)

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