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.
EV battery demand will remain resilient, driven by the global vehicle electrification trend. As the largest battery producer, CATL will benefit from the robust demand growth.
Fluctuation in raw material prices will have a significant impact on CATL’s profitability, resulting in volatility and uncertainty in its earnings forecast.
|
Metric
|
03750
|
03931
|
006400
|
|---|---|---|---|
Price/Earnings (Normalized) | 17.22 | 10.95 | — |
Price/Book Value | 3.73 | 0.55 | 1.79 |
Price/Sales | 2.52 | 0.39 | 2.75 |
Price/Cash Flow | 12.85 | 2.43 | 21.03 |
|
Metric
|
03750
|
03931
|
006400
|
|---|---|---|---|
Quick Ratio | 1.17 | 0.56 | 0.42 |
Current Ratio | 1.57 | 0.78 | 0.77 |
Interest Coverage | 33.44 | 3.98 | 0.18 |
|
Metric
|
03750
|
03931
|
006400
|
|---|---|---|---|
Return on Assets (Normalized) | 7.52% | 2.08% | 0.30% |
Return on Equity (Normalized) | 22.19% | 8.49% | 0.59% |
Return on Invested Capital (Normalized) | 13.68% | 3.43% | 0.91% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Contemporary Amperex Technology Co Ltd Ordinary Shares - Class H
CTATF
| — | LOCK|R?QT$ | $161B | |||
| Contemporary Amperex Technology Co Ltd ADR
CYATY
| — | LOCK|q?$% | $161B | |||
| ABB Ltd
ABLZF
| — | LOCK|N!! | $157B | |||
| ABB Ltd ADR
ABBNY
| LOCK|>#Jj^y | LOCK|MpK | $157B | |||
| Vertiv Holdings Co Class A
VRT
| LOCK|>jc>v&Y | LOCK|x&@&& | $82B | |||
| Bloom Energy Corp Class A
BE
| LOCK|?^%S<Sc | LOCK|%g@ | $70B | |||
| Hubbell Inc
HUBB
| LOCK|%sq?DYx | LOCK|m@ | $24B | |||
| nVent Electric PLC
NVT
| LOCK|<N>qJ&D | LOCK|?F>#N | $24B | |||
| Acuity Inc
AYI
| LOCK|??NCl?< | LOCK|t>c< | $9B | |||
| Hayward Holdings Inc
HAYW
| LOCK|h#q?P! | LOCK|^hTN% | $3B |
United States