Key facts: BYD's Profit Margin to Exceed Geely's; Changes Payment Methods
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- BYD (002594) is projected to have a net profit margin that exceeds Geely Auto's expected margin of 3.6% for the September quarter and is anticipated to remain above 5% from 2025 to 2027.1
- BYD will stop using its in-house financial notes for supplier payments, opting for commercial paper or bank notes instead, responding to past criticisms about its payment methods.2