BYD stock slips after first-half profit falls 20.5%
Published on 08/28/2026 at 16:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
BYD stock comes into August 28, 2026 with a fresh first-half report showing revenue of CNY 344.82 billion, net profit of CNY 12.33 billion, and a 20.5% decline in profit from the same period a year earlier.
Profit and revenue split
Reuters reported on August 28, 2026 that second-quarter net income rose 29.8% year over year to CNY 8.2 billion, while revenue slipped 3.2% to CNY 194.6 billion. That puts the quarter into a different lane than the first half, where revenue still fell 7.1% and gross margin reached 18.85%.
The company also said first-half R&D spending was CNY 28.9 billion and cash reserves stood at CNY 167.4 billion, showing how aggressively it is still funding product and technology development.
What the numbers say
The same report showed first-half vehicle sales of 1.8085 million units, including 789,000 exports, which were up 67.9% from a year earlier. That export growth helped offset weaker domestic demand and explains why the second quarter improved even as the six-month line remained under pressure.
For investors, the mix matters more than one headline figure: CNY 344.82 billion in revenue, CNY 12.33 billion in net profit, and CNY 28.9 billion in R&D make the scale clear, while the 20.5% profit decline keeps the margin debate alive.
BYD Seal U
One representative product is the BYD Seal U, a model aimed at the global SUV segment and part of the wider export push reflected in the first-half sales data.
BYD shares today
BYDDF traded at $11.52, with a 52-week range of $9.25 to $15.70 and market capitalization of $101.57 billion as of August 28, 2026.
More on BYD stock
Company: BYD Company Limited
ISIN: CNE100000296
Ticker: BYDDF
Exchange: OTC Markets
Market cap: $101.57 billion (as of August 28, 2026)
Sector / Industry: Consumer Discretionary / Automobiles
Index membership: Not applicable
Next earnings date: August 28, 2026
More on BYD stock
BYD sells electric vehicles, plug-in hybrids, batteries, and related components across China and export markets.
