On August 31, BYD ELECTRONIC fell 3.07% in regular trading, trading at HK$23.4/share, with turnover of HK$40.88 million. The decline follows the company's interim results released on August 28, which significantly missed market expectations.

According to the filing, BYD ELECTRONIC reported H1 revenue of RMB 82.234 billion, up only 2.02% year over year. Attributable profit plunged 75.35% to RMB 426 million, with earnings per share dropping sharply from RMB 0.77 to RMB 0.19. Gross margin contracted from 6.88% to 4.91%, while operating cash flow collapsed to RMB 844 million from RMB 10.002 billion in the prior-year period. Management attributed the profit decline primarily to product mix changes and foreign exchange losses.

By segment, the AI computing infrastructure business posted revenue of approximately RMB 753 million, down 10.57% year over year. The new energy vehicle segment was a rare bright spot, with revenue rising 6.43% to RMB 13.619 billion, accounting for about 16.56% of total revenue. The weaker-than-expected results have continued to weigh on the stock since the earnings release.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)