China's BYD Electronic nine-month profit falls 69%

Byd Electronic (International)

29/10/2026 09:26

Overview
Chinese electronics manufacturer's nine-month revenue rose 3% yr/yr
Net income attributable to equity owners dropped 69% yr/yr

Outlook
Company did not provide specific guidance or outlook for future periods in its press release

Result Drivers
Company did not provide any specific reason for the results in its press release

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
9M Revenue
 
RMB 127.46 bln
 
9M Net Income Attributable
 
RMB 963 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy."
Wall Street's median 12-month price target for Byd Electronic (International) Co Ltd is HK$31.33, about 40.8% above its October 29 closing price of HK$22.24
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)