大行评级丨摩根大通：宁德时代Q3业绩符合预期，A股仍是中国电池价值链中的首选

Core Insights - Morgan Stanley report indicates that CATL's net profit for Q3 reached 18.5 billion yuan, representing an annual growth of over 40% and a quarterly increase of 12%, aligning with the bank's expectations [1] - The company's shipment volume was approximately 180 GWh; however, due to delays in revenue recognition from energy storage systems, only over 16.5 GWh was recognized in the Q3 profit and loss statement [1]