HK Stock Market Move | BYD ELECTRONIC (00285) falls more than 5%, last year's net profit decreased by 17.61% year-on-year, and fourth-quarter profit declined significantly.

BYD ELECTRONIC (00285) fell by more than 5%, dropping by 5.56% to HK$28.9 as of press time, with a trading volume of HK$776 million. On the news front, BYD ELECTRONIC released its 2025 annual performance. The group achieved revenue of RMB 179.477 billion, a year-on-year increase of 1.22%; the profit attributable to owners of the parent company was RMB 3.515 billion, a year-on-year decrease of 17.61%; earnings per share were RMB 1.56, with a proposed final dividend of RMB 0.156 per share. Soochow pointed out that BYD ELECTRONIC's Q4 profit was RMB 370 million, a significant year-on-year decline, due to an increase in the proportion of low-margin products and Q4 expense accruals. Considering the sluggish demand for downstream consumer electronics in 2026, the bank expects limited growth.