Contemporary Amperex Technology Co Ltd Ordinary Shares - Class H
03750: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Qc | LOCK|W>LCQ | LOCK|#f%s$wJ |
CATL Earnings: A Small Beat in Profit and Battery Volume; Moat Upgraded to Narrow
Contemporary Amperex Technology, or CATL, reported 57% year-over-year revenue growth and 36% net profit growth in the second quarter. Despite higher battery shipment volumes, margins declined sequentially due to cost pressures.
