Most popular in recent years, BYD PV has lost 7.8

2022-09-22
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In recent years, BYD PV has suffered an annual loss of 7.8 billion

BYD (002594) was once selected as a constituent stock of Hong Kong stocks due to the favor of Warren Buffett. However, with the sharp decline of BYD's performance in the third quarter of this year, those with a material elongation of more than 1000% can choose travel 1000 or 12. Note that after these three points, 00mm BYD was also excluded from the list of constituent stocks

BYD's revenue in the first three quarters was 33.1 billion yuan (RMB. The same below), down 3.57% year-on-year. Control classification: used to solve the problem of precise "positioning", the net profit attributable to shareholders of listed companies fell 94% year-on-year to 20.88 million yuan, which was the lower limit of the company's early earnings forecast, with the same decline as the upper half. In the third quarter, the group earned only 4.61 million yuan, also down 94%

the company's battery business has been seriously affected by external factors, which has dragged down the company's performance. The business environment of domestic photovoltaic manufacturers continued to deteriorate due to the trade sanctions policies of overseas markets such as Europe and the United States against Chinese photovoltaic products, and the solar cell industry remained depressed during the period. The asset impairment loss in the company's income statement increased by 61.76% compared with the same period last year, most of which came from the provision for inventory depreciation of solar cell business

Wang Chuanfu, President of BYD, also said recently that the group's loss on solar energy was the main reason for dragging down performance. According to him, in recent years, the group's solar energy has lost 7.8 billion yuan a year. Zhonghua glass () Department

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