Gotion High-tech Co Ltd Class A 002074

Morningstar Rating
CN¥29.50 +0.82 (2.86%)
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Company Report

China's Fourth-Largest EV Battery Maker Gotion Targets Aggressive Global Expansion

Gotion High-tech is one of China's leading producers of lithium-ion rechargeable batteries for new energy vehicles. New energy vehicle batteries contributed over 70% of Gotion’s total revenue in 2025. According to China Automotive Battery Innovation Alliance and SNE Research, Gotion is ranked fourth in China, after Contemporary Amperex Technology, or CATL, BYD, and CALB, with a market share of 6% as measured by electric vehicle battery installed capacity in 2025, and fifth globally with 5% market share. Gotion’s major customers include some of the leading local-brand automakers such as Chery, SAIC Wuling, JAC, Chang’an, and Leapmotor. In addition, Huawei is the company’s largest customer for the energy storage battery segment.

Price vs Fair Value

002074 is trading at a LOCK|wFMd!#d premium.
Price
CN¥29.50
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

The global electric vehicle market moves into high gear on wider acceptance, leading to stronger sales for Gotion.

Bears

Fluctuations in raw materials prices and intensifying competition will significantly affect Gotion’s profitability, resulting in volatility and uncertainty in the earnings forecast.

News

Trading Information

Previous Close Price
CN¥28.68
Day Range
CN¥28.88–30.49
52-Week Range
CN¥24.26–49.60
Bid/Ask
CN¥29.49 / CN¥29.50
Shares Outstanding
1.81B
Market Cap
CN¥53.53B
Volume/Avg
119M / 28M

Key Statistics

Price/Earnings (Normalized)
106.43
Price/Sales
0.99
Dividend Yield (Trailing)
0.34%
Dividend Yield (Forward)
0.34%
Dividend Payment Schedule
Jul
Total Yield
0.34%

Company Profile

Established in 2006 in Hefei, Anhui province, Gotion High-tech is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked fifth among global EV battery companies with 5% market share in 2025 in terms of installed battery capacity, and fourth in China with 6% market share. The company is 25%-owned by Volkswagen Group, with Chairman Li Zhen holding about 7%.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Large Core
Total Number of Employees
33,087

Competitors

Valuation

Metric
002074
03931
006400
Price/Earnings (Normalized)
106.4314.08—
Price/Book Value
1.780.711.67
Price/Sales
0.990.502.57
Price/Cash Flow
6.653.1219.62
Price/Earnings
002074
03931
006400

Financial Strength

Metric
002074
03931
006400
Quick Ratio
0.610.560.42
Current Ratio
0.880.780.77
Interest Coverage
3.023.980.18
Quick Ratio
002074
03931
006400

Profitability

Metric
002074
03931
006400
Return on Assets (Normalized)
0.36%2.08%0.30%
Return on Equity (Normalized)
1.63%8.49%0.59%
Return on Invested Capital (Normalized)
1.58%3.43%0.91%
Return on Assets
002074
03931
006400

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