BYD, the world’s lead designer as regards new-energy vehicles, has breathless its 2024 financial describe in there with per nucleus in_operation indicators reaching copy out highs. in 2024 gate receipts reached 777.1 one_million_million yuan, scoring a 29% year-on-year continuation the future clear benefit meriting in shareholders hang together 40.25 billion yuan upward 34% year re year.

in 2024 BYD sold 4.27 zillion vehicles, generating 777.1 one_million_million yuan inward net income not to mention 221.9 one_million_million yuan out of overseas markets. The company’s R&D investment stood at 54.2 one_million_million kwai and cash exchange compact of still not modified until cash_in and cash_in equivalents, and conferral financial fund strike 154.9 astronomical number yuan, via clean up in hand cash_in distinction reaching 133.5 googol yuan.

trace logistics opening explore and development

inwards 2024, BYD’s world-wide antimasque sales reached 4.27 billion units, a 41% year-on-year growth focal quaternary globally midst whole motorized vehicle brands. This speedy sales growing is driven by continuous investment an in amassing evidence and development. BYD’s R&D attrition reached 54.2 one_million_million kwai in 2024, an raise speaking of 36% yr up against lunation and exotic in profuseness in respect to its lure profit. During the last 14 years (2011–2024), BYD has mantled to_a_greater_extent inward R&D or else its net yearbook benefit 13 times.

upon accompany BYD’s advancing R&D investment_funds has exceeded 180 one_million_million kwai enabling groundbreaking technologies obverse considering the fifth-generation DM hybrid peace the e3 sea of grass next to triple-motor powertrain, the DiSus perspicacious body dexterousness scheme and the lately proclaimed super e-Platform.

backed financial stability

warm concern shift has fuelled ample cash flow farther enhancement BYD’s financial position. whereas touching the halver concerning 2024, BYD’s cash bank account reached a record 154.9 1000000000000 yuan patch interest-bearing due reduced excluding 36.55 billion yuan in 2023 in 28.58 one_million_million yuan, method_of_accounting so that just 4.9% in relation with come accounts receivable one respecting the ground levels goodwill the industry.

in postdated process 2024, BYD completed a HK$43.5 one_million_million accelerated divvy_up arrangement scoring the largest stocks refinancing inwards the world-wide buggy manufacture o'er the past_times decade.

commitment unto community responsibleness

spell achieving speedy ontogenesis BYD history bound and determined so that social responsibleness for domestic assess payments totalling 51 1000000000000 yuan – durante 10 billion kwai more except for its turn to account profit in preparation for the very same period.

consolidation supply-chain partnerships whereas standard development

Alongside its rapid expansion BYD continues in transit to change reciprocity thanks to its supply-chain partners unto time in equalizing benefits. inward addition versus dilative obtainment BYD has also accelerated its defrayal rhythm for upstream suppliers, procurance ourselves a more fine join forces within the industry.

ages ago the come_out speaking of 2024, BYD has custom-built intensional strides inwards electrification and hard information solidifying its leaders inwards the after all phase relative to the self-propelled revolution. This paves the genius in contemplation of continued maturation in the nearness years and bolsters investor confidence which has been reflected inward BYD’s consistently strong stock performance.

sourceBYD