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capital market
On July 3, 2002, KLOC-0, BYD was listed on the main board of Hong Kong Stock Exchange, setting a record for the highest issue price of 54 H shares at that time.
On February 20th, 2007, 65438+ BYD Electronics (International) Co., Ltd. was successfully listed on the main board of Hong Kong, and its performance was gratifying.
On September 27, 2008, Berkshire, the investment flagship of the famous American investor Buffett? Hathaway's Sino-American Energy Holding Company announced that it would subscribe for 225 million shares of BYD at a price of HK$ 8 per share. Buffett's investment is of great strategic significance for accelerating the promotion of environmental protection products such as BYD's new energy vehicles in North America, Europe and even the world. After the news of Buffett's shareholding in BYD spread, BYD's Hong Kong stocks rose from the lowest HK$ 6 to HK$ 88.4 in just 10 month, with an increase of 13.73 times.
20 1 1 On June 30th, BYD Co., Ltd. was listed on Shenzhen Stock Exchange and officially returned to A shares.
BYD's share price is famous for its sharp fluctuations. The highest price of H shares was 77.7 yuan in June 2007, the lowest in 6 yuan in July 2008, the highest in June 2009 was 88.4 yuan, and the lowest in September 2065 was 10.92 yuan, 438+0 1, which became the market quotation of Hong Kong stocks.
In recent years, with the global economic downturn, BYD's return on equity has gradually decreased, from 2009 to 20 12, it was 22.74%, 13.67%, 6.55% and 0.10% respectively (September 30, 2012 The corresponding earnings per share are 1.7700 yuan,1.100 yuan, 0.6000 yuan and 0.0089 yuan respectively (data of September 30th, 20 12). 20 10, 20 1 1 and 20 12, the company has not implemented dividends for three consecutive years. The last dividend was paid in 2009, and 3.3 yuan was paid for every 65,438+00 shares (including tax). This also proves that the global economy is in a period of great adjustment. It seems that in the global economic downturn, it is miserable for shareholders of any company to rely on dividends, and they must rely on the secondary market to operate the price difference to make a profit. This may be the reason why the stock market and futures market are so popular, because with the short-selling mechanism, even if the global economy is depressed, short-selling commanders can still make a lot of money, while ordinary retail investors can take advantage of the situation and make a lot of money as long as they have high political awareness.