CALB Group Co Ltd Class H
03931: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| yJ | LOCK|b% | LOCK|D#?jP$M |
CALB: Price Competition and Rising Expenses Likely to Stay; Shares Fairly Valued
According to SNE Research, CALB's electric vehicle battery shipment grew by 22% in the first 11 months of 2024 to 36.3 gigawatt-hours, or GWh, tracking in line with our expectations. The firm maintained a stable market share of 5% as measured by EV battery installed capacity.
