CALB Group Co Ltd Class H

03931: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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CALB Earnings: First-Half Profit Missed Despite Stronger Battery Margin

Vincent Sun

Aug 28, 2025

CALB posted decent revenue growth for the first half of 2025, with battery shipment increase offsetting sluggish battery price. Gross margin gained 190 basis points year on year, while selling and research expenses ballooned from last year.

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United States

CALB Group Co Ltd Class H

CALB Earnings: First-Half Profit Missed Despite Stronger Battery Margin

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