Should I buy BYD stock in 2025? A Complete Guide for South Africa

What is BYD?

How much is the BYD stock?

The price of BYD stock is declining this week. As of now, BYD trades at 391.00 HKD per share on the Hong Kong Exchange, marking a 3.69% decrease over the last 24 hours and a notable 15.99% drop for the week.

The company’s market capitalisation stands at 1.165 trillion HKD (about USD 155 billion), with a three-month average trading volume of 15.2 million shares.

With recent swings in price, BYD offers potential opportunities but may require careful consideration for investors in the South African market.

Our complete analysis of the BYD stock

Having carefully reviewed BYD Company Limited’s latest financial results and dissected its stock performance over the past three years, we have employed a blend of quantitative and qualitative methodologies—including proprietary analysis combining financial indicators, technical signals, peer benchmarking, and macro trends—to assess the investment case with increased depth. The resulting synthesis underlines notable catalysts, strong fundamentals, and a supportive technical setup. So, why might BYD stock once again become a strategic entry point into the global electric vehicle and sustainable mobility sector in 2025?

Recent Performance and Market Context

BYD’s stock has delivered remarkable returns for investors over the recent period, culminating in a current price of 391.00 HKD on the Hong Kong Exchange as of 30 May 2025—a gain of 78.12% year-on-year and an outstanding +54.10% over the last six months, despite some near-term volatility (notably a weekly drawdown of -15.99%). On a five-year horizon, the stock has appreciated by a staggering 798.39%.

• Q1 2025 Results: Net earnings doubled, and EPS (US$0.86) exceeded consensus by a robust margin, highlighting improved operational leverage.
• Record Deliveries: Nearly 60% year-on-year increase in New Energy Vehicles (NEV) sales, affirming strong consumer demand.
• Industry Leadership: BYD surpassed Tesla as the world’s largest EV producer in 2024, validating its scaling strategy and brand emergence.

Sectoral and macroeconomic currents have become increasingly supportive. Globally, policy tailwinds—including aggressive emission targets, regulatory incentives for EV adoption, and tightening climate rules—continue to favour pure-play and integrated mobility leaders. Notably, Africa and specifically the South African market are moving towards supportive e-mobility frameworks, creating new potential for BYD’s international expansion. This positive backdrop, combined with BYD’s robust operating performance, makes the stock’s recent pullback appear less like a reversal and more like an attractive re-entry point.

Technical Analysis

• Relative Strength Index (RSI): The 14-day RSI sits at 48.47, indicating neutral momentum and little overheating—a potentially attractive setup for new entries.
• MACD: At +3.78, the MACD signals a bullish crossover, confirming underlying buying pressure.
• Moving Averages: While the 20-day average ($105.36) flashes a short-term caution, the 50-day ($100.83), 100-day ($91.26), and 200-day ($79.31) moving averages all confirm medium-to-long-term uptrends.

• Support: The $100 region aligns with the 50-day moving average, offering a historically reliable accumulation zone, particularly suited for investors with a medium-term horizon.
• Resistance: The next meaningful resistance is identified at $112-113, which, if surpassed, may trigger a new bullish leg.

The technical architecture, marked by strong supports and medium-term bullish momentum, positions BYD as a stock entering a new phase of upward potential rather than topping out.

Fundamental Analysis

• Revenue Growth: FY2024 revenue reached 777.1 billion CNY ($107bn), reflecting a +29% year-on-year surge, while projected top-line growth remains robust at 13.2% annually.
• Profitability: Net income climbed by 34% year-on-year, and a future ROE near 22% is anticipated—far above industry averages, underscoring capital efficiency.
• Valuation: At a 23.36x trailing P/E, BYD’s valuation appears entirely defensible in light of its 16% projected compound annual EPS growth and a sector-leading position, while its PEG ratio suggests continued earnings expansion at attractive multiples.
• Structural Strengths: The company’s vertical integration—from battery technology (Blade Battery, electronic platform 3.0) to final assembly—grants margin resilience, while its fast-growing market share and expanding international footprint solidify its position as a global front-runner.
• Brand and Innovation: BYD’s focus on technological advancement and ongoing investment in smart driving features fortifies its ability to maintain pricing power and customer loyalty.

Given these metrics, BYD’s current share price no longer reflects just potential, but rather a realized leadership position justified by robust fundamentals and an enviable growth pipeline.

Volume and Liquidity

• Average Daily Volume: 15.2 million shares for HKG:1211 signals deep liquidity, facilitating dynamic entry and exit strategies for institutional and retail investors alike.
• Float Structure: The significant free float across both Hong Kong and Shenzhen listings—plus US ADRs—supports healthy price discovery and minimises liquidity risk.

Sustained participation at scale often heralds further upward re-rating, as seen in prior valuation rerates for high-conviction, high-volume growth stocks.

Catalysts and Positive Outlook

• New Product Releases: BYD is intensifying its innovation drive, introducing electric supercars, advanced commercial vehicles, and smart mobility solutions.
• Geographical Expansion: Ongoing efforts to capture meaningful shares in Europe, Latin America, and Africa (including preliminary entries into South Africa) will reduce dependency on the domestic market and offer currency/geopolitical diversification.
• Technological Breakthroughs: Proprietary battery technology and electric platforms drive sustained technological differentiation, enhancing both margin profile and consumer adoption rates.
• ESG and Sustainability Drivers: Leading on low-carbon manufacturing and ethical supply chains, BYD is well-aligned with increasingly stringent investor ESG mandates, drawing sustainable capital inflows.
• Regulatory Tailwinds: Fiscal incentives, emissions regulation, and a growing global consensus around EV adoption reinforce secular demand.

With profit growth forecasts (+15.8% p.a.), a healthy earnings outlook, and industry-disruptive innovations on the horizon, BYD seems poised to re-enter a phase of superior outperformance.

Investment Strategies

• Short-Term: The ongoing market consolidation following a brief correction brings the stock closer to strong technical support ($100 on the ADRs), creating a window for tactical entries ahead of anticipated Q2 catalyst events (e.g., new model launches, international plant rollouts).
• Medium-Term: Investors can position for the next 3–12 months, leveraging sustained growth from international sales and margin recapture as price cuts moderate in a maturing competitive landscape.
• Long-Term: For strategic investors, BYD’s dominant market share, superior integration, continued innovation, and growing mainstream acceptance in Western and emerging markets make it a compelling candidate for a core sustainable mobility allocation, supported by recurring dividend streams and robust earnings growth.

In all cases, an entry near the current technical support or during periods of modest consolidation seems tactically advantageous, calibrated to capitalise on potential valuation reratings and upcoming operational milestones.

Is It the Right Time to Buy BYD?

• The stock has rebounded firmly from past consolidation phases, underpinned by accelerating profits, resilient cashflows, and an ever-stronger balance sheet.
• Technicals suggest BYD is neither overbought nor stretched, but well-positioned for a renewed advance.
• Strategically, BYD’s unassailable leadership in EVs, relentless innovation pipeline, and global reach justify a positive long-term outlook—reinforced by a sector-wide move towards electrification.

In light of these attributes, BYD stock seems to represent an excellent opportunity for capital growth at current levels, with the fundamentals and market momentum justifying renewed investor focus. For investors eager to gain or increase exposure to the global tech mobility revolution, BYD may be entering a new bullish phase, supported by both near-term catalysts and enduring structural strengths.

For those seeking to align portfolios with breakthrough innovation and sustainable sector leadership, BYD’s latest results, chart setup, and forward-looking catalysts collectively suggest the company could be on the cusp of another period of dynamic outperformance.

How to buy BYD stock in South Africa?

Buying BYD shares online in South Africa is both simple and secure when using a regulated broker. You can choose between two main options: spot (cash) buying, where you own real shares, or trading Contracts for Difference (CFDs), which let you speculate on price movements without owning the actual stock. Each method suits different investment strategies and risk profiles. Below, we explain how each works, with practical examples. If you’re ready to take the next step, a comprehensive broker comparison is provided further down this page.

Spot buying

A spot (cash) purchase means you become a direct shareholder of BYD, holding actual shares listed, for example, on the Hong Kong (1211.HK) or US OTC (BYDDY) markets. This method is straightforward: you buy shares at their current market price, pay a flat brokerage fee—typically around R100 to R200 per order—and any relevant exchange or custody charges.

Example

Let’s say you want to invest $1,000 (about R18,000) in BYD’s US ADR (BYDDY), currently trading at $103.01 per share. You could purchase approximately 9 shares ($1,000 ÷ $103.01 = 9.7; rounded down to 9 shares), including an approximate $5 (R90) brokerage fee.
✔️ Gain scenario:
If the share price rises by 10%, your 9 shares are now worth about $1,100.
Result: +$100 gross gain, a 10% return on your investment (excluding small currency conversion and custody fees).

Trading via CFD

A CFD (Contract for Difference) lets you trade BYD’s price movements without owning the underlying shares. This is popular for short-term trading and allows you to use leverage, amplifying your potential returns (and risks). Instead of a fixed commission, brokers typically charge a spread (the difference between buy/sell prices) and, if your position is held overnight, a small overnight financing fee.

Example

You open a CFD position on BYD with $1,000 in margin, using 5x leverage. You now control $5,000 worth of BYD shares.
✔️ Gain scenario:
If the BYD share price increases by 8%, your market exposure means your position grows by 8% × 5 = 40%.
Result: +$400 profit on your initial $1,000 outlay (excluding spread and overnight costs).

Final advice

Before investing in BYD shares, take time to carefully compare brokers and their associated fees, such as commissions, spreads, currency conversion rates, and account conditions. Your ideal method—spot buying or CFD trading—should suit your financial goals, risk appetite, and investment horizon. To help you find the best fit, check out the broker comparison further down this page. Investing can be both rewarding and secure if you make informed decisions!

Our 7 tips for buying BYD stock

The latest news about BYD

BYD has solidified its leadership position as the world’s top electric vehicle manufacturer, outpacing Tesla in 2024. This milestone, affirmed by official delivery statistics released over the past week, highlights the company's considerable growth in both innovation and market share, which is particularly relevant for South African investors as it demonstrates BYD’s continued technological momentum in key export markets and its surging influence within the global automotive industry.

BYD posted exceptional Q1 2025 financials, with net profit doubling and sales of new energy vehicles growing nearly 60% year-on-year. The company reported a Q1 earnings per share of $0.86, decisively beating analyst consensus, underpinned by robust demand in international markets. These results reinforce BYD’s strategic narrative of rapid expansion and financial resilience, factors that align with the positive long-term growth prospects for electric mobility in regions such as Southern Africa.

Analyst price targets remain optimistic, projecting nearly 30% upside over current levels, despite a short-term pullback. The weekly share price has corrected by approximately 16%, in line with broader market volatility, but the consensus among leading financial analysts points to a fair value of roughly 508–531 HKD. This constructive outlook is supported by BYD’s strong track record and anticipated global demand, critical for institutional investors in South Africa seeking growth exposure in the automotive and EV sectors.

BYD’s global expansion advances, driven by targeted growth outside China and entry into new international markets. The company’s strategic intent to sell half of its vehicles outside China by 2030, including efforts to establish partnerships and direct sales presence in markets like Africa, is gaining traction. For South African stakeholders, this creates a foundational backdrop for future availability of BYD products, sharing synergy with national ambitions to accelerate the transition to electric mobility and localize advanced vehicle technology.

BYD’s next dividend, ex-dividend June 10, reinforces its appeal for yield-oriented South African investors. The declared dividend of 4.26 HKD per share, with a payment date set for July 29, and a modest but stable yield of 1.05%, positions BYD as a rare growth company combining robust capital appreciation potential with reliable cash returns. For ZA-based investors, this structure supports portfolio diversification and income generation through direct or international fund exposure.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.