From Yahoo Finance: 2025-03-23 19:00:00

BYD Co. faces a crucial earnings report that could solidify its position as China’s most valuable non-state onshore stock. After briefly surpassing Contemporary Amperex Technology Co. in market value, a 7% stock drop on Friday returned the top spot to CATL. BYD now trades at 20 times earnings, compared to Tesla’s 83 times.

The recent stock slump highlights BYD’s vulnerability to regulatory and geopolitical risks. Despite a strong performance this year, the company faces stiff competition from CATL in the battle for stock-market dominance. Investors are eagerly awaiting BYD’s earnings report, which will reveal its full-year sales targets and the impact of its aggressive pricing strategy on profits. Options traders anticipate a 4.5% stock movement post-earnings release.

Read more: BYD Earnings May Move the Needle in Market-Cap Fight With CATL