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BYD CoBYDDF +0.18%92 Equity-to-Asset is 0.28 as of Mar. 2026, which is at its 10-year median of 0.28. GuruFocus rates BYDDF with a GF Score™ of 92/100 and a GF Value™ of $15.41 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,332 Vehicles & Parts companies, BYD Co ranks worse than 81.83% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BYD Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $36,261 Mil. BYD Co's Total Assets for the quarter that ended in Mar. 2026 was $130,886 Mil.
Therefore, BYD Co's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.28.
The historical rank and industry rank for BYD Co's Equity-to-Asset or its related term are showing as below:
BYDDF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.28 Max: 0.38
Current: 0.28
During the past 13 years, the highest Equity to Asset Ratio of BYD Co was 0.38. The lowest was 0.20. And the median was 0.28.
BYDDF's Equity-to-Asset is ranked worse than 81.83% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 0.49
vs BYDDF: 0.28
BYD Co (OTCPK:BYDDF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
BYD Co Equity-to-Asset Related Terms
BYD Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for BYD Co's Equity-to-Asset 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.
For the Auto Manufacturers subindustry, BYD Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BYD Co Equity-to-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BYD Co's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
BYD Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
BYD Co (BYDDF) has a Equity-to-Asset of 0.28 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on BYD Co and its competitors. This is near median its historical median of 0.28. Over the past decade, BYD Co's Equity-to-Asset has ranged from 0.20 to 0.38. According to the industry distribution chart, BYD Co ranks #1090 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 81.8%.
Is BYD Co's Equity-to-Asset too high?
BYD Co's current Equity-to-Asset of 0.28 is near median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.38. The Vehicles & Parts industry median Equity-to-Asset is 0.49. BYD Co's value of 0.28 is 42.9% below this industry median. Based on the distribution chart, BYD Co ranks #1090 out of 1332 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, BYD Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BYD Co's Equity-to-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, BYD Co ranks #1090 out of 1332 companies for Equity-to-Asset. This places BYD Co in the lower half of its industry. The industry median Equity-to-Asset is 0.49. BYD Co's value of 0.28 is 42.9% below this benchmark. Historically, BYD Co's own Equity-to-Asset has ranged from 0.20 to 0.38 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.49, BYD Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,332 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BYD Co's current Equity-to-Asset of 0.28 is 42.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on BYD Co and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BYD Co's current Equity-to-Asset is 0.28, which is near median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BYD Co stock overvalued right now?
Based on GuruFocus' analysis, BYD Co (BYDDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.41, compared to a current price of $11.12 — trading 27.8% below its estimated fair value. The current Equity-to-Asset is 0.28, which is near median its 10-year median of 0.28 and 42.9% below the Vehicles & Parts industry median of 0.49. BYD Co's overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For BYD Co (BYDDF), the current Equity-to-Asset is 0.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BYD Co (BYDDF) Overvalued in 2026?
Based on GuruFocus' analysis, BYD Co stock appears to be undervalued.
The current stock price of $11.12 is trading 27.8% below its estimated GF Value™ of $15.41.
GuruFocus considers BYD Co to be Modestly Undervalued.
Key valuation signals for BYDDF:
Equity-to-Asset: 0.28 (near median its 10-year median of 0.28)
GF Value™: $15.41 vs. price of $11.12 (27.8% below fair value)
Industry Position: 42.9% below the Vehicles & Parts median (#1090 of 1332)
No single metric tells the full story. See the BYDDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 4.6 million passenger NEVs in 2025, accounting for 30% 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.
92GF Score
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