Core Viewpoint - The article highlights the significant growth in revenue and net profit of CATL in 2025, showcasing its strong market position in the global battery industry and its continued investment in research and development [1][3]. Financial Performance - In 2025, CATL reported a total revenue of 423.70 billion yuan, representing a year-on-year increase of 17.04% [3]. - The net profit attributable to shareholders reached 72.20 billion yuan, marking a substantial growth of 42.28% compared to the previous year [1][3]. - The company's total assets increased by 23.92% to 974.83 billion yuan, while net assets attributable to shareholders rose by 36.52% to 337.11 billion yuan [3]. Market Position - CATL's global lithium battery sales exceeded 660 GWh in 2025, reflecting a year-on-year growth of 39.16% [4]. - The company achieved a market share of 39.2% in global power battery installations, maintaining its position as the world's leading supplier for nine consecutive years [4]. - In the domestic market, CATL's market share for power battery installations reached 43.42%, indicating that nearly one in every two new energy vehicles sold in China is equipped with CATL batteries [4]. Business Segments - The gross margin for the power battery and energy storage segments was 23.84% and 26.71%, respectively, showing slight decreases of 0.10% and 0.13% year-on-year [4]. - The energy storage battery segment achieved a market share of 30.4%, remaining the global leader for five consecutive years, with a revenue of 624.40 billion yuan, which accounted for 14.74% of total revenue and grew by 8.99% year-on-year [4]. Research and Development - CATL invested 22.15 billion yuan in research and development in 2025, which accounted for 5.23% of its revenue, with a year-on-year increase of 19.02% [3]. - Over the past three years, the total R&D expenditure exceeded 59 billion yuan, indicating a strong commitment to innovation and technology advancement [3].
一天净赚2个小目标!宁德时代堪比"印钞机"