Strong Annual Earnings#
Shares of Contemporary Amperex Technology Co., Ltd. (CATL) saw a significant increase on Tuesday after the company reported impressive annual earnings. This performance highlights the growing demand for batteries used in electric vehicles (EVs) and energy storage systems.
Revenue and Profit Growth#
For the fiscal year 2025, CATL reported a revenue increase of 17% year-on-year, reaching approximately 423.7 billion yuan (around $61.3 billion). The net profit attributable to shareholders surged by more than 42%, totaling roughly 72.2 billion yuan. This growth is largely attributed to the rising demand for power batteries, which are essential for EVs and energy storage solutions.
Stock Performance#
Following the announcement of its earnings, CATL's shares listed in Hong Kong rose by 9.2%, reaching HK$549.5. Meanwhile, shares listed in Shenzhen increased by 6%, climbing to 378.0 yuan. This surge reflects investor confidence in the company's strong financial performance.
Dividend Proposal#
In addition to the robust earnings, CATL proposed a final dividend of 21.78 yuan per 10 shares, along with a special cash dividend of 47.79 yuan per 10 shares. This move indicates the company's strong profitability and effective cash generation over the past year.
Battery Shipments#
CATL also reported that its shipments of lithium batteries increased nearly 40% compared to the previous year, totaling about 661 gigawatt-hours. This positions CATL as one of the largest battery suppliers globally, further solidifying its role as a key partner for major automakers, including Tesla.