Contemporary Amperex Technology Co Ltd Class A
300750: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|DM | LOCK|C$WfD | LOCK|cfJf&@b |
CATL Earnings: Revenue Largely in Line, Margin Misses; Shares Undervalued
Contemporary Amperex Technology Co. Limited, or CATL, reported 59% year-on-year revenue growth in the third quarter, driven by solid battery sales. However, despite strong battery volume growth, net profit increased only 15% due to weaker profitability and lower tax rebates.
