3Q25 Results Overview: BYD ELECTRONIC reported its 3Q25 results, indicating that 4Q25 results are expected to remain flat year-over-year, with stable business and customer structures.
Business Segment Projections: The iOS components business is projected to grow significantly over the next two years, while the iOS EMS and Android segments are expected to remain steady.
Automotive Revenue Adjustment: The automotive business revenue forecast has been revised down to approximately RMB25 billion, lower than the previous estimate of RMB30-35 billion, due to a slowdown in pure electric vehicle sales.
Analyst Rating and Future Catalysts: Citi has lowered its target price for BYD ELECTRONIC from HKD51 to HKD43.4 but maintains a Buy rating, citing the launch of smart home products and improved iPhone foldable shell design as potential growth catalysts.
Wall Street analysts forecast 00285 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00285 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00285 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00285 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 34.400
Low
Averages
High
Current: 34.400
Low
Averages
High
remove
Al Analysis
2025-11-27
Reason
Price Target
Al Analysis
2025-11-27
remove
Reason
The article indicates that DBS has updated its outlook for Hong Kong stocks, adding CATL (03750.HK) to its recommended list while removing ANTA SPORTS (02020.HK). The reason for the analyst rating appears to be based on the performance and short selling ratios of these stocks. CATL has a relatively low short selling ratio of 2.361%, suggesting less bearish sentiment among investors, while ANTA SPORTS has a significantly higher short selling ratio of 29.830%, indicating greater investor skepticism. This shift in recommendations reflects DBS's assessment of market conditions and investor sentiment towards these companies.
CCB International
CCB International
Buy
downgrade
$52 -> $47
2025-11-04
Reason
CCB International
CCB International
Price Target
$52 -> $47
2025-11-04
downgrade
Buy
Reason
The analyst rating from CCB International for BYD ELECTRONIC is maintained as a "Buy" despite a decrease in the target price from HKD52 to HKD47. This decision is based on the company's 3Q25 performance, which showed a 2% year-over-year decline in revenue and a 9% year-over-year drop in net profit, although the net profit did increase by 27% quarter-over-quarter. The results were below the broker's expectations, primarily due to weaker performance in components and intelligent products. The maintenance of the "Buy" rating suggests that the broker still sees potential for recovery or growth in the company's future performance.
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CMBI
downgrade
$61.3
2025-11-04
Reason
CMBI
Price Target
$61.3
2025-11-04
downgrade
Reason
The analyst rating for XIAOMI-W (01810.HK) was influenced by CMBI's decision to reduce its target price to HKD 61.3, based on expectations that the company's adjusted net profit for the third quarter will surge by 60% year-over-year. This positive outlook on profitability contrasts with the stock's recent performance, which saw a net outflow of HKD 0.900 and a short selling ratio of 16.530%.
BofA Securities
BofA Securities
Neutral
downgrade
$40
2025-10-31
Reason
BofA Securities
BofA Securities
Price Target
$40
2025-10-31
downgrade
Neutral
Reason
The analyst rating for BYD ELECTRONIC (00285.HK) was reiterated at Neutral by BofA Securities due to the company's 3Q25 results missing expectations. The net profit of RMB1.4 billion, while showing a 27% quarter-over-quarter increase, was down 9% year-over-year and only met 29% of the full-year estimates by BofA and 27% by the market. This performance is below the typical range of 32-38% achieved over the past three years. Despite trimming the target price from $45.5 to $40, the stock is still considered undervalued with a projected PE ratio of 13x compared to the average of 26x for peers in the Apple supply chain, leading to the Neutral rating based on reasonable valuation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
