BYD Annual Report Discloses Key Metrics

[Finance and R&D] BYD reported revenue of RMB 804 billion in 2025, net profit of RMB 32.6 billion, and R&D investment of RMB 63.4 billion—nearly double its net profit.

Key Figures: Tax Payments and R&D Both Surpass Net Profit

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  Domestic tax payments reached RMB 53.3 billion, and R&D investment amounted to RMB 63.4 billion, both significantly exceeding net profit of RMB 32.6 billion;

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  Year-end cash reserves stood at RMB 167.8 billion, with vehicle sales totaling 4.6 million units, marking BYD’s debut among the world’s top five automakers.

Strategic Foundation: Technology-Driven Transformation Reshaping Industry Rules

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  Overseas sales hit 1.05 million units, surging 145% year-over-year, spanning 119 countries;

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  Sales of premium brands (Denza, Fangchengbao, Yangwang) reached 397,000 units, doubling their share of total sales;

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  The second-generation Blade Battery and God’s Eye intelligent driving system are accelerating deployment, redefining the new competitive baseline.