Contemporary Amperex Technology Co Ltd Ordinary Shares - Class H
03750: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>r | LOCK|B&RC | LOCK|#??&<#^ |
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.
