CATL(SZ:300750) Sou Hu Cai Jing·2025-07-30 12:15Financial Performance - The company reported a revenue of 178.89 billion yuan, a year-on-year increase of 7.27% [5] - Net profit attributable to shareholders reached 30.51 billion yuan, reflecting a growth of 33.02% [5] - The gross margin improved to 25.02%, an increase of 1.57 percentage points year-on-year [5] - Operating cash flow was 58.69 billion yuan, up 31.26% compared to the previous year, indicating strong cash flow health [5] Core Business Progress - The power battery business remains the growth engine, generating revenue of 131.57 billion yuan, a year-on-year increase of 16.80%, significantly outpacing overall revenue growth [1][5] - The global market share for power batteries stands at 38.1%, an increase of 0.6 percentage points from the previous year, solidifying the company's leading position [1][5] - The energy storage business showed stable performance with revenue of 28.40 billion yuan, a slight decline of 1.47% year-on-year, reflecting market adjustments rather than a loss of competitiveness [2] Product Innovation and Strategic Initiatives - The company launched several new products, including the second-generation supercharging battery and the sodium-ion passenger vehicle battery, showcasing its commitment to innovation [3] - A strategic partnership with NIO for battery swapping solutions has been established, expanding the application scenarios for power batteries [3] - The company successfully listed on the Hong Kong Stock Exchange on May 20, raising 41 billion HKD to support its global expansion strategy, particularly in Hungary [2][5] Global Expansion and Sustainability Efforts - The company is advancing its global footprint with carbon-neutral certification for its German facility, increasing its total number of zero-carbon factories to 10 [3] - Ongoing construction of the Hungarian factory and a joint venture battery plant in Spain with Stellantis is underway, enhancing the global production network [3]