GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (SZSE:002594) » Definitions » Net Income

BYD Co (SZSE:002594) Net Income : ¥44,841 Mil (TTM As of Mar. 2025)


View and export this data going back to 2011. Start your Free Trial

What is BYD Co Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. BYD Co's Net Income for the three months ended in Mar. 2025 was ¥9,155 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2025 was ¥44,841 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. BYD Co's Earnings per Share (Diluted) for the three months ended in Mar. 2025 was ¥3.12.


BYD Co Net Income Historical Data

The historical data trend for BYD Co's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BYD Co Net Income Chart

BYD Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,234.27 3,045.19 16,622.45 30,040.81 40,254.35

BYD Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,568.79 9,062.46 11,606.86 15,016.23 9,154.99

BYD Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

BYD Co's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=49680.677+-8092.737+0+-1333.594
=40,254

BYD Co's Net Income for the quarter that ended in Mar. 2025 is calculated as

Net Income(Q: Mar. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=11190.883+-1747.743+0+-288.155
=9,155

Net Income for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥44,841 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BYD Co  (SZSE:002594) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

BYD Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


BYD Co Net Income Related Terms

Thank you for viewing the detailed overview of BYD Co's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


BYD Co Business Description

Address
No. 3009, BYD Road, Pingshan New District, Guangdong Province, Shenzhen, CHN, 518118
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 4.3 million passenger NEVs in 2024, accounting for 35% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.
Executives
Li Wei Executives
Luo Zhong Liang Executives
Yang Dong Sheng Executives
Zhou Ya Lin Executives
Luo Hong Bin Executives
Xia Zuo Quan Director
Li Ke Executives
Wang Chuan Fu Directors, executives
Lv Xiang Yang Director
Wang Chuan Fang Executives
Wu Jing Sheng Executives
Wang Zhen Supervisors
He Long Executives
Liu Huan Ming Executives
Li Qian Secretary Dong

BYD Co Headlines

No Headlines