TechWeb·2024-01-30 00:52Core Viewpoint - BYD has announced its 2023 annual performance forecast, expecting a net profit attributable to shareholders of 29 billion to 31 billion yuan, representing a year-on-year increase of 74.46% to 86.49% [1] Financial Performance - The performance forecast period is from January 1 to December 31, 2023 [1] - The expected net profit attributable to shareholders is between 29 billion and 31 billion yuan, compared to 16.6 billion yuan in the same period last year [1] - The net profit after deducting non-recurring gains and losses is projected to be between 27.4 billion and 29.7 billion yuan, an increase of 75.22% to 89.92% from 15.6 billion yuan last year [1] - Basic earnings per share are estimated to be between 9.98 yuan and 10.67 yuan, up from 5.71 yuan per share in the previous year [1] Industry Position - The new energy vehicle industry continues to maintain rapid growth, with BYD achieving record high sales in this sector, further solidifying its position as the global leader in new energy vehicle sales [1] - Despite intensified competition in the industry, BYD has improved profitability significantly due to enhanced brand strength, rapid growth in overseas sales, expanded scale advantages, and strong cost control capabilities within its supply chain [1] Business Segments - In the mobile components and assembly business, BYD has benefited from increased business share from major overseas clients and a recovery in demand from Android customers [1] - The rapid growth in new energy vehicles and new smart products has led to a significant increase in capacity utilization, further optimizing the business structure and improving profitability [1]