BYD Company Limited reported operating revenue of RMB 194.98 billion in the third quarter of 2025, representing a 3.05% decrease compared to the same period last year. From January to September 2025, operating revenue reached RMB 566.27 billion, up 12.75% year-on-year. Net profit attributable to shareholders stood at RMB 7.82 billion for the third quarter, down 32.60% year-on-year, and RMB 23.33 billion for the first three quarters, a 7.55% decrease from a year earlier.

During the reporting period, research and development expenses increased to RMB 43.75 billion, reflecting a 31.30% rise year-on-year. Net cash flow from operating activities for the first nine months amounted to RMB 40.85 billion, showing a 27.42% drop compared to the same period in 2024. Meanwhile, total assets expanded to RMB 901.93 billion, up 15.14% from the end of the previous year, and total owners’ equity attributable to shareholders grew by 32.53% to RMB 245.52 billion.

BYD completed a distribution plan involving both bonus shares and capitalization of capital reserve, increasing total share capital from 3,039,065,855 shares to 9,117,197,565 shares during this reporting period. Additionally, the Board approved a change in the board lot size for the Hong Kong-traded shares from 500 to 100, effective 19 September 2025, to further enhance the liquidity of its shares. This follows an earlier issuance of shares and bonds, as well as an uptick in various lines of business highlighted in the quarterly results.