BYD stock rises on 18.9 percent Q2 margin and export growth

Published on 09/20/2026 at 12:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BYD stock closed at HKD 81.50 on September 18, 2026, up 0.43 percent. First-half revenue was RMB 344.82 billion and net profit RMB 12.33 billion.

BYD, CNE1000031C1, Illustration mit AI erstellt.

BYD stock (ISIN CNE1000031C1) closed at HKD 81.50 on September 18, 2026, up 0.43 percent, after the Hong Kong listing traded between HKD 79.40 and HKD 81.60 that day. First-half 2026 revenue was RMB 344.82 billion and net profit attributable to shareholders was RMB 12.33 billion, while second-quarter gross margin reached 18.9 percent.

Exports keep the story moving

On September 20, 2026, Sina Finance reported that BYD said August overseas passenger car and pickup sales reached 188,746 units, up 134.6 percent year on year. The same report said overseas sales in January to August totaled 1,157,954 units.

That export pace matters because it now sits alongside weaker domestic momentum. The company also said on September 20, 2026, that its overseas shipping fleet had eight roll-on roll-off vessels in operation, a signal that logistics is becoming part of the growth story.

Margins are the test

On September 20, 2026, SECCW said BYD booked RMB 344.8 billion in first-half revenue and RMB 12.3 billion in net profit, with second-quarter net profit up 30 percent year on year. The same report put second-quarter gross margin at 18.9 percent, the highest level in about a year.

For investors, the comparison is clear: revenue fell 7.1 percent in the first half, but quarterly profit still improved and margin held firm. That mix suggests the market is watching profitability and export mix at least as closely as unit growth.

Price stays near the range

BYD stock is still trading well below its 52-week high of HKD 114.70, while the 52-week low stands at HKD 71.40 on the Hong Kong market. The most recent close of HKD 81.50 leaves the shares closer to the lower half of that range, with average daily volume at 22.06 million shares.