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In recent years, with the deterioration of the global environment and the verge of energy depletion, new energy vehicles began to be favored by consumers. At the same time, governments around the world have introduced policies conducive to the development of new energy vehicles, and the new energy vehicle market presents an excellent prospect. In this context, China's BYD Co., Ltd., as a leader in new energy vehicles, its market decisions and investment strategies are very representative. This paper analyzes BYD's financial statements to understand the company's actual operating conditions, estimate the company's future market trends, and put forward reasonable suggestions for BYD's development with the support of data.
Sicheng Zhou (2024) studied this question.