BYD Electronic (International) Company (285) Q3 2024 earnings summary

Executive summary

• Reported unaudited consolidated results for the nine months ended 30 September 2024, with comparative figures for 2023.

• Financials have been reviewed by the Audit Committee but not audited by external auditors.

Financial highlights

• Turnover reached RMB 122,126,912, up 32.54% year-over-year for the nine-month period.

• Gross profit increased 14.68% to RMB 9,062,077 compared to the same period last year.

• Profit attributable to equity owners was RMB 3,063,348, a 0.64% increase year-over-year.

• Basic and diluted earnings per share were RMB 1.36, up 0.64% from the prior year.

Key financial ratios and metrics

• Total assets as of 30 September 2024 were RMB 91,754,107, up 5.20% from 31 December 2023.

• Total liabilities increased 4.68% to RMB 60,597,078 over the same period.

• Net assets rose 6.23% to RMB 31,157,029 as of 30 September 2024.