CALB Group Co Ltd Class H

03931: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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CALB Earnings: Strong Battery Volume Growth Masked by Price Pressure; Shares Fairly Valued

Vincent Sun

Nov 2, 2026

CALB posted a strong 56% year-on-year revenue growth in the third quarter, driven by higher battery shipments. However, gross margin narrowed 50 basis points from a year ago.

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United States

CALB Group Co Ltd Class H

CALB Earnings: Strong Battery Volume Growth Masked by Price Pressure; Shares Fairly Valued

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