每天净赚约1.8亿元！宁德时代三季报出炉：储能需求旺盛，新能源商用车业务增速明显

Core Insights - Ningde Times reported a strong performance in Q3, with a revenue of 104.19 billion yuan, a year-on-year increase of 12.9%, and a net profit of 18.55 billion yuan, up 41.21% [1][2] - For the first three quarters, the company achieved a total revenue of 283.07 billion yuan, a 9.28% increase, and a net profit of 49.03 billion yuan, growing by 36.2% [1][2] - The company generated a net cash flow from operating activities of 80.66 billion yuan, reflecting a 19.6% increase year-on-year [1][2] Financial Performance - Q3 revenue: 104.19 billion yuan, up 12.9% YoY [2] - Net profit for Q3: 18.55 billion yuan, up 41.21% YoY [2] - Revenue for the first three quarters: 283.07 billion yuan, up 9.28% YoY [2] - Net profit for the first three quarters: 49.03 billion yuan, up 36.2% YoY [2] - Basic earnings per share: 4.10 yuan, up 37.23% YoY [2] - Total assets at the end of the reporting period: 896.08 billion yuan, a 13.91% increase from the previous year [2] Business Segments - The energy storage business is a significant growth area, with approximately 20% of Q3 shipments being energy storage products [4] - The company is expanding its energy storage capacity across multiple locations, with a projected increase of over 100 GWh in the Jining base by 2026 [4] - The commercial vehicle battery segment has seen rapid growth, with nearly 20% of total shipments attributed to this sector [9] Market Trends - The energy storage market is experiencing substantial growth, with a reported 115.2% increase in global energy storage battery shipments in the first half of 2025 [4][5] - The Chinese government has implemented policies to support the profitability of energy storage, which is expected to drive market expansion [5] - The commercial vehicle market for new energy trucks is at a turning point, with a projected penetration rate exceeding 60% by 2030 [9]