Gotion High-tech Co Ltd Class A
002074: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| kk@ | LOCK|p!$ | LOCK|xtcbHW |
Gotion Earnings: Revenue and Profit In Line; Margin Missed on Soft Battery Price Amid Competition
Despite higher electric vehicle, or EV, battery shipment, Gotion's gross margin lost 160 basis points in the second quarter from last year, indicating battery pricing pressure amid prolonged lithium price weakness and industry competition, in our view.
