BIBYDEI@EC2611A

China Merchants Securities Maintains Buy Rating on BYD Electronic, Forecasts 2028 Net Profit at 5.5 Billion Yuan

Guoyuan Securities Maintains Buy Rating for BYD Electronics with a Target Price of HKD 35.21

BYD and Its Subsidiary See Profits Plunge in Q1 2026

BOCI lowers target price for BYD Electronics to HKD 37.1

CLSA Downgrades BYD Electronics Target Price and Profit Forecast

BYD Electronic's Q1 2026 Net Profit Down 95.53%

HSBC and Others Adjust Ratings and Target Prices for Multiple Companies

BYD Electronics to Hold Annual Shareholders' Meeting to Review 2025 Financial Statements

BYD Electronic's 2025 Annual Report Shows Stable Sales Growth but Profits Affected by Transition

BYD Electronic to Release FY2026 Q1 Earnings on April 28 During-Market (BJT)

Citi Downgrades CITRON Target Price and Rating

Citibank downgrades BYD Electronics rating to 'Sell'

BOA Downgrades BYD Electronics' Net Profit Forecast

BYD Electronic's 2025 Profits Down but Revenue Up

BYD Electronic's full-year gross margin at 5.99%

BYD Electronic's Annual Net Profit of 3.51 Billion Yuan Falls Short of Estimates

BYD Electronic released FY2025 9 Months Earnings on March 27 During-Market (BJT), actual revenue HKD 141.32 B, actual EPS HKD 1.2634

BYD Electronic released FY2025 earnings on March 27 During-Market (BJT), actual revenue HKD 196.16 B (forecast HKD 200.66 B), actual EPS HKD 1.7032 (forecast HKD 2.2805)

BYD Electronic released FY2025 Q3 earnings on March 27 During-Market (BJT), actual revenue HKD 54.04 B, actual EPS HKD 0.4321

BYD Electronic released FY2025 Q4 earnings on March 27 During-Market (BJT), actual revenue HKD 54.97 B (forecast HKD 60.16 B), actual EPS HKD 0.4396 (forecast HKD 0.556)

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Hong Kong's lithium battery sector experienced a notable surge. According to Jin10, CALBsaw its shares rise by more than 11%. Meanwhile, BYD Electronicsincreased by over 6%, CATLclimbed more than 5%, and China Innovation Aviationadvanced over 3%.

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STOCKS | Hong Kong Lithium Battery Stocks Surge with CALB Up Over 11%

Today, BYD Electronic's stock price fell by 1.95%, with a trading volume of HKD 224 million, continuing the recent trend of weakness. The MACD daily line formed a death cross signal below the zero axis, indicating a further strengthening of the medium-term bearish trend, which means that the momentum of the previous rebound has exhausted, and sellers are once again dominating the market rhythm. Although the decline seems moderate, a death cross below the zero axis often has more directional confirmation significance than one above it, indicating that market expectations for its short-term performance have turned cautious. On the news front, the communication equipment and consumer electronics sectors have recently come under pressure. Although the Alibaba Cloud Summit announced the self-developed AI chip Zhenwu M890 and the Qianwen flagship model, the market's interpretation of the AI hardware supply chain leans towards benefiting upstream chip design, with limited transmission effects on foundry and assembly companies. As a leading global electronic manufacturing service provider, BYD Electronic's performance growth is closely related to the order rhythm of major clients. In addition, global long-term bond yields have soared to the highest level since 2007, and the high-interest-rate environment suppresses manufacturing valuations, while the overall risk appetite in the Hong Kong stock market has also declined, putting pressure on such targets. Intel CEO Pat Gelsinger's statement about the increasing importance of CPUs in the AI inference era remains to be validated for direct benefits to consumer electronics components. From a technical perspective, BYD Electronic has recorded consecutive days of declines, and the moving average system shows a bearish arrangement. The trading volume of HKD 224 million is at a moderate level, neither indicating panic selling nor a gentle stabilization, showing that the market is still digesting previous negative news

Technical Forecast

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Pre-market trend | BYD ELECTRONIC (0285.HK) continues to decline on May 20, when will the weak pattern come to an end?

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Guoyuan Securities (HK) has maintained a Buy rating on BYD Electronic (International) Co (BYDIF) with a price target of HK$35.21, while the shares closed at HK$27.10. Additionally, DBS's Jim Hin Kwong Au also issued a Buy rating on April 30. Conversely, Jefferies maintained a Hold rating on April 29.

- Guoyuan Securities (HK) has maintained a Buy rating on BYD Electronic (International) Co, setting a price target of HK$35.21 while the shares closed at HK$27.10 last Monday.  
- Additionally, DBS’s Jim Hin Kwong Au also issued a Buy recommendation on April 30.  
- However, Jefferies issued a Hold rating on BYD Electronic on April 29.

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BYD Electronic (International) Co (BYDIF) Receives a Buy from Guoyuan Securities (HK)

In a report released yesterday, from CLSA maintained a Buy rating on BYD Electronic (International) Co, with a price target of HK$29.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BYD Electronic (International) Co with a HK$32.52 average price target.

- CLSA has maintained a Buy rating on BYD Electronic (International) Co, setting a price target of HK$29.00.  
- The overall analyst consensus suggests a Moderate Buy rating with an average price target of HK$32.52.  
- This indicates a positive outlook for the stock among analysts.

CLSA Sticks to Its Buy Rating for BYD Electronic (International) Co (BYDIF)

BOCI has reduced the target price for BYD ELECTRONICfrom HKD38.7 to HKD37.1 due to FX volatility and memory cost pressures impacting short-term profits. The company's 1Q26 results showed a 4% YoY revenue increase and a 1.2 ppt QoQ gross margin improvement, but net profit fell 96% YoY. Despite challenges in the smart terminal market, BYD ELECTRONIC maintains its full-year 2026 earnings guidance, with a positive mid-term outlook driven by progress in its server business. Rating: Buy.

AASTOCKS News

BOCI Cuts BYD ELECTRONIC  TP to HKD37.1 on FX Volatility and Memory Cost Pressure Weighing on Short-term Profit

CLSA has downgraded BYD ELECTRONIC's target price from HKD33.3 to HKD29, maintaining an Outperform rating. The company reported a 1Q net profit of RMB28 million, impacted by exchange rate fluctuations. Management anticipates ongoing pressure in its smart terminal assembly business due to rising memory prices affecting Android smartphone shipments. Earnings forecasts for 2026 and 2027 have been cut by 29% and 13%, respectively, to RMB2.5 billion and RMB3.4 billion, citing lower expected gross margins. Mass production of new products is expected to begin in mid-2023 and in Q4.

CLSA Cuts BYD ELECTRONIC  TP to HKD29, Sees Near-term Headwinds

BYD ELECTRONIC-1.440 (-5.202%) Short selling $175.95M; Ratio 37.866% has announced its results for 1Q ended March 2026. Its turnover grew by 3.5% YoY to RMB38.183 billion, while net profit sank by 95.5% YoY to RMB27.83 million, with EPS of RMB1 cent.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-28 16:25.) AASTOCKS Financial News

BYD ELECTRONIC 1Q NP Sinks 95.5% to RMB27.83M

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Huachuang Securities has maintained a Buy rating on BYD Electronic (International) Co (BYDIF) with a price target of HK$40.50, while the stock closed at HK$28.10. The analyst consensus for BYDIF is Moderate Buy, with a price target of HK$35.01, indicating a potential upside of 24.59%. Additionally, DBS also reaffirmed a Buy rating with a target of HK$34.30.

- Huachuang Securities has maintained a Buy rating on BYD Electronic (International) Co, setting a price target of HK$40.50.  
- The company's shares closed at HK$28.10, with an analyst consensus of Moderate Buy and a price target consensus of HK$35.01, indicating a 24.59% upside.  
- Additionally, DBS also maintained a Buy rating on the stock with a price target of HK$34.30 in a report released on April 2.

Huachuang Securities Remains a Buy on BYD Electronic (International) Co (BYDIF)

Bank of China analyst has maintained a Buy rating on BYD Electronic (International) Co (BYDIF) with a price target of HK$38.70. Additionally, CMB International Securities also issued a Buy rating for the company. However, Citi maintained a Sell rating on BYDIF on March 30.

- Bank of China analyst maintained a Buy rating on BYD Electronic (International) Co and set a price target of HK$38.70.  
- CMB International Securities also issued a Buy rating on the company in a separate report.  
- In contrast, Citi maintained a Sell rating on BYD Electronic (International) Co on March 30.

BYD Electronic (International) Co (BYDIF) Receives a Buy from Bank of China

BIBYDEI@EC2611A(28690.HK)