Xin Lang Cai Jing·2025-07-07 02:32Core Insights - In June 2025, BYD achieved sales of 383,000 new energy vehicles, marking a year-on-year increase of 12.0% and remaining flat month-on-month [1][2] Sales Performance - The total sales of new energy vehicles in June 2025 were 383,000 units, with pure electric and plug-in hybrid models selling 207,000 and 171,000 units respectively, showing year-on-year growth rates of +42.5% and -12.5% [2] - Cumulatively, in the first half of 2025, BYD sold 2.113 million new energy passenger vehicles, a year-on-year increase of 31.5% [2] Brand Performance - In June 2025, the sales figures for BYD's brands were as follows: Dynasty + Ocean Network sold 342,737 units, Tengshi 15,783 units, Fangchengbao 18,903 units, and Yangwang 205 units, with year-on-year growth rates of +5.5%, +28.6%, +605.3%, and -51.0% respectively [3] - High-end brands collectively sold 35,000 units in June, a year-on-year increase of 127.0%, with Fangchengbao's model, the Titanium 3, achieving sales of 12,017 units, reflecting a month-on-month growth of 114.67% [3] International Market Expansion - In June 2025, BYD's overseas sales of passenger cars and pickups reached 90,000 units, a year-on-year increase of 229.8% and a month-on-month increase of 1.2% [4] - The overseas sales accounted for 23.4% of total sales, with ongoing efforts to enhance global distribution channels and local production capabilities in Uzbekistan and Thailand [4] Investment Outlook - BYD's technological advancements are expected to drive continued sales growth, supported by the "Universal Intelligent Driving" strategy, which may enhance both volume and pricing [5] - Revenue projections for 2025-2027 are estimated at 1,006.35 billion, 1,212.65 billion, and 1,455.18 billion yuan, with corresponding growth rates of 29.5%, 20.5%, and 20.0% [5] - Net profit forecasts for the same period are 56.37 billion, 69.27 billion, and 83.70 billion yuan, with growth rates of 40.0%, 22.9%, and 20.8% respectively [5]