$BYD COMPANY (01211.HK)$ 15 billion is too conservative. BYD had net profit of 5.7 billion dollars in a single quarter in the third quarter and 9.3 billion in the first three quarters. Even if the profit for the fourth quarter was only the same as the profit for the third quarter, conservatively speaking, there was a profit of 15 billion dollars for the whole year. Sales in a single quarter were 540,000 units in the third quarter, and total sales are expected to exceed 680,000 units in the fourth quarter. Sales are expected to increase by more than 25.9% over the previous quarter. If profit for the fourth quarter also exceeds 25% month-on-month, then profit in 2022 will exceed 16.4 billion dollars. As production capacity is more fully utilized, the cost of bicycles is falling. If you look at it this way, the total profit this year may be close to 17 billion dollars.