Why is BYD's share price so cheap?

Why is BYD's share price so cheap? For this problem, I think the subject is very optimistic about BYD, and the psychological expectation valuation is much higher than the current stock market performance. Whether BYD's share price is high or low lies not in the share price itself, but in people's views on BYD. Many people are very optimistic about BYD's prospects, and feel that BYD's value is far greater than the current stock market performance, and it is an undervalued "dark horse enterprise".

As an independent brand, BYD has a certain gap with international brands in brand marketing, but it has technical strength that cannot be ignored. According to the data published in the ranking list of scientific and technological innovation of listed companies in China automobile industry, BYD ranks first among listed companies in China automobile industry, with a patent application volume of 24,800 (accounting for more than 15% of the total number of listed companies in China automobile industry, which is 32 times higher than the industry average), among which 6,400 are effective invention patents (accounting for more than 28% of the total number of listed companies in China automobile industry, which is 60 times higher than the industry average). Do you know why our automobile industry always lags behind others? Because of its late start, the industry is restricted by many foreign patents. In the past two years, our automobile industry has felt the deepest. Independent technology research and development and independent intellectual property rights are too important!

BYD not only has great potential in hard-core technology, but also excels in market performance. Of course, it is with the east wind of technology that BYD's sales this year are not afraid of the impact of the epidemic. For nearly a year, the sales volume has been increasing steadily every month. Since BYD released the "Blade Battery" and announced the "All-in-One Saber" plan and released the "Super Hybrid" technology, it has soared from 45,000 in April to 98,000 in June. From these two aspects, BYD is indeed an underestimated "dark horse enterprise".

Under the general trend of vigorously developing the new energy automobile industry in the world, BYD will once again usher in a big rise in the future.