Contemporary Amperex Technology Co Ltd Class A
300750: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #$x | LOCK|>#$!l | LOCK|p@F&mqy |
CATL Earnings: Results in Line; Solid Margin Gain Despite Price Competition
Contemporary Amperex Technology reported 6% year-over-year revenue growth and 33% net profit growth in the first quarter. Thanks to larger battery sales volume and lower lithium prices, the operating margin was stable in the quarter compared with a year ago.
