CALB Group Co Ltd Class H
03931: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| wC | LOCK|$z | LOCK|^@pbCJ |
CALB Earnings: Revenue and Profit Missed; Higher-Than-Expected Margin Offset by Operating Expenses
CALB posted 4% year-over-year revenue growth for the second half of 2024, with shipment increase offset by sluggish battery prices. Gross margin gained a mild 25 basis points year over year, while selling and administrative expenses doubled from the previous year.
