1.Company Profile

Founded in 1995, BYD is a listed company on Hong Kong Stock Exchange and Shenzhen Stock Exchange. We principally engaged in IT industry mainly related to rechargeable battery business, handset and computer components and assembly services, as well as automobile business including traditional fuel-powered vehicles and new energy vehicles while taking advantage of our technical superiority to actively develop other new energy products such as solar farm, energy storage station, electric vehicles, LED, electric forklift, etc… Currently, BYD has nearly 180,000 employees and 22 industrial parks in global with an area nearly 17,000,000 square meters.

2. IPO (Initial Public Offerings)

In July 2002, BYD issued new shares and listed on the main board of the Stock Exchange of Hong Kong Limited, with stock code 1211.HK. BYD IPO price is HK$10.95 per share and was the highest IPO price among all of the H share companies at that moment.

3. The Share Capital of the Company

As at December 31 2009,the share capital of the company was as follows:

Number of shares issued
Percentage (%)
Domestic shares
1,482,000,000
65.14
H shares
793,100,000
34.86
Total
2,275,100,000
100.00

4. Financial Highlights

For the year ended December 31

2010 2009 2008 2007 2006 2005
Turnover (RMB’000) 46,685,349 39,469,454 26,788,253 21,211,213 12,938,917 6,498,330
Gross profit (RMB’000) 8,264,374 8,564,731 5,218,836 4,247,687 2,738,183 1,454,545
Gross profit margin (%) 18 22 19 20 21 22
Net profit (RMB’000) 2,523,414 3,793,576 1,021,249 1,611,711 1,117,334 503,013
Net profit margin (%) 5 10 4 8 9 8
Earnings per share (RMB) 1.11 1.67 0.45 0.71 0.49 0.22
Rate of return on common stockholders’equity (%) 14 23 9 15 21 12

As at December 31

2010 2009 2008 2007 2006 2005
Total assets (RMB’000) 53,874,663 40,735,597 32,891,145 29,288,491 16,386,781 11,213,354
Net assets(less minority interests) (RMB’000) 18,460,319 16,682,357 11,285,568 10,708,118 5,292,464 1,454,545
Net assets per share (RMB) 8.11 7.33 4.96 4.71 2.33 1.84