Samsung SDI Co Ltd
006400: XKRX (KOR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|QWxX | LOCK|?@k | LOCK|TdYDX% |
Samsung SDI Earnings: Profitability Remained Under Pressure on Weak EV Demand but Guided to Improve
Samsung SDI’s June quarter revenue and operating loss missed our expectation. Sales of lithium-ion batteries declined 24% year over year due to sluggish electric vehicle demand in the US and Europe, and weak battery pricing due to competition and a drop in lithium prices.
