BYD's mid-term reasonable valuation reaches 800 billion to 1 trillion

According to forecasts, BYD's profit in the second quarter will reach 8.5-9 billion, and with the realization of new product cycles in the third and fourth quarters, the profit is expected to reach more than 10 billion. In the medium term, the annualized profit is between 40 billion and 50 billion, and the corresponding reasonable valuation is 800 billion to 1 trillion.