According to a report published by Citigroup, BYD expects overseas monthly sales to be relatively stable at 180,000 to 200,000 units in the second half of this year, and aims to sell 2.5 million units overseas in 2027. The bicycle profit is expected to remain around 20,000 yuan; the domestic long-term market accounts for about 25% of the target. The bank predicts that BYD's core net profit for the third quarter is about 13 billion yuan. Assuming domestic sales for the third quarter of 752,000 units, a core net profit of 2,200 yuan for bicycles, export sales of 568,000 units, and a core net profit of 20,000 yuan for bicycles. The bank assumes domestic sales of 803,000 vehicles in the fourth quarter, a core net profit of 2,200 yuan for bicycles, export sales of 607,000 units, and a core net profit of 20,000 yuan for bicycles. It is expected that the core net profit for the fourth quarter will reach about 13.9 billion yuan. The bank maintained BYD's “buy” rating, with a target price of HK$142.

According to a report published by Citigroup, BYD expects overseas monthly sales to be relatively stable at 180,000 to 200,000 units in the second half of this year, and aims to sell 2.5 million units overseas in 2027. The bicycle profit is expected to remain around 20,000 yuan; the domestic long-term market accounts for about 25% of the target. The bank predicts that BYD's core net profit for the third quarter is about 13 billion yuan. Assuming domestic sales for the third quarter of 752,000 units, a core net profit of 2,200 yuan for bicycles, export sales of 568,000 units, and a core net profit of 20,000 yuan for bicycles. The bank assumes domestic sales of 803,000 vehicles in the fourth quarter, a core net profit of 2,200 yuan for bicycles, export sales of 607,000 units, and a core net profit of 20,000 yuan for bicycles. It is expected that the core net profit for the fourth quarter will reach about 13.9 billion yuan. The bank maintained BYD's “buy” rating, with a target price of HK$142.