Ge Long Hui·2025-09-03 05:45Core Viewpoint - BYD Electronics (0285.HK) reported a revenue of 80.606 billion RMB for the first half of the year, representing a year-on-year growth of 2.58%, and a net profit attributable to shareholders of 1.73 billion RMB, reflecting a year-on-year increase of 13.97%, which aligns with expectations [1] Group 1: Financial Performance - The revenue for the first half of the year was 80.606 billion RMB, showing a growth of 2.58% year-on-year [1] - The net profit attributable to shareholders was 1.73 billion RMB, with a year-on-year growth of 13.97% [1] Group 2: Future Outlook - The company is optimistic about its business layout in AI data centers and robotics [1] - The profit forecasts for the next two years remain unchanged at 4.935 billion RMB and 6.184 billion RMB respectively [1] Group 3: Valuation and Target Price - The current stock price corresponds to a price-to-earnings ratio of 18.4 times for this year and 14.5 times for next year [1] - The target price has been raised by 7.5% to 50 HKD, which corresponds to a price-to-earnings ratio of 20.9 times and 16.4 times for the next two years, indicating a potential upside of 13.4% from the current stock price [1]