Contemporary Amperex Technology Co Ltd Class A
300750: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @>% | LOCK|%^QC$ | LOCK|@cS&T< |
CATL Earnings: Results Largely In Line; Strong Battery Shipments Offset Cost Pressure
Contemporary Amperex Technology, or CATL, posted 52% year-on-year revenue growth and 49% net profit growth in the first quarter. However, cost pressure led to a sequential margin decline from the previous quarter, despite higher battery volumes.
