Contemporary Amperex Technology Co Ltd Ordinary Shares - Class H
03750: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<& | LOCK|<x@?w | LOCK|>rrs<m |
CATL Earnings: Revenue Largely in Line, Margin Misses; Shares Undervalued
Contemporary Amperex Technology Co. Limited, or CATL, reported 59% year-on-year revenue growth in the third quarter, driven by solid battery sales. However, despite strong battery volume growth, net profit increased only 15% due to weaker profitability and lower tax rebates.
