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BYD Electronic Corp. Ltd. Stock
Pros and Cons of BYD Electronic Corp. Ltd. in the next few years
Pros
Cons
Performance of BYD Electronic Corp. Ltd. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| BYD Electronic Corp. Ltd. | 6.460% | 8.099% | 26.337% | -7.315% | -6.359% | 34.922% | 182.049% |
| Osi Systems Inc. | -1.490% | 2.290% | 3.876% | 18.584% | 13.559% | 67.500% | 39.743% |
| Avnet Inc. | -0.410% | -0.820% | 2.542% | 4.762% | 5.217% | 53.165% | 32.967% |
| Coherent Corp. | 3.570% | 7.692% | 29.940% | 195.238% | 113.793% | 81.590% | 191.275% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financials of BYD Electronic, traded under the US symbol BYDIF, present a mixed but overall promising picture within the Electronic Equipment & Parts industry. Looking at the recent balance sheets, cash flow statements, income statements, and key financial ratios, it is evident that the company exhibits both strengths and weaknesses. The substantial growth in total assets and revenue, combined with improving profitability metrics, raises optimism among investors. However, the high levels of debt and fluctuating profit margins warrant a closer examination.
Revenue Growth: The total revenue for 2023 stands at a commendable ¥129.96 billion (approximately $19.24 billion), marking a significant increase from previous years. This growth is indicative of the company's increasing market share and operational capacity.
Net Income Improvement: The net income for 2023 reached approximately ¥4.04 billion, a substantial rise compared to ¥1.86 billion and ¥2.31 billion in 2022 and 2021, respectively. This trend shows that BYD Electronic is effectively managing its costs while scaling operations, leading to enhanced profitability.
