Financial Report Analysis of BYD Corporation

Abstract

Financial reporting analysis is a comprehensive evaluation of accounting information holistically and systematically using a company's balance sheet, income statement, and cash flow statement. It can provide effective decisions for those involved in financial reporting. The purpose of the financial analysis is to improve financial management, as well as to provide relevant financial information for optimal financial decisions. With the rapid progress of technology, the future of new energy vehicles is bright. New energy vehicles are the main direction of the transformation and development of the global automotive industry, and an important engine to promote the sustained growth of the world economy. As the world's leading manufacturer and service provider of new energy vehicles, BYD has an impressive growth prospect. In this paper, we analyze BYD Corporation's financial statement data from 2019 to 2022 and take BYD Corporation as an example. We also analyze the company's financial indicators in four aspects: operating capacity, solvency, profitability, and development capacity. We conclude with a few suggestions for improving the business financial situation of the company.