BYD First-Half 2026 Profit Falls 20.54% to RMB12.3 Billion
BYD Co. (01211) reported a 20.54% year-on-year decline in first-half 2026 net profit to RMB12.325 billion, with revenue down 7.13% to RMB344.815 billion. Exports surged 67.8% to 792,000 vehicles, lifting gross margin to 18.85%. Shares fell as much as 6.4% in Hong Kong.
BYD Co. (01211) posted a net profit of RMB12.325 billion for the first half of 2026, down 20.54% from a year earlier, with earnings per share of RMB1.35. The company did not declare an interim dividend. Revenue for the period totaled RMB344.815 billion, a decrease of 7.13% year on year.
Following the results announcement, the company's shares came under pressure, falling as much as 6.4% during the session to a low of HK$86.05. At 11:09 a. m. , the stock traded at HK$86.50, down 5.9%, with turnover exceeding HK$1.29 billion.
In the first half, BYD's exports reached 792,000 vehicles, up 67.8% year on year, accounting for 43.8% of total sales. The expansion of overseas new energy vehicle operations lifted the group's gross margin by 0.84 percentage points to 18.85%.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for New Energy Vehicles, with intensity 40/100 and 60% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.