【3750 Performance】Contemporary Amperex Technology last year earned over 42% more, with a dividend of 69.57 RMB per 10 shares

CATL (SZ: 300750) announced on the Shenzhen Stock Exchange that in 2025, it is expected to achieve a profit of 72.201 billion RMB, a year-on-year increase of 42.28%; basic earnings per share will be 16.14 RMB. For every 10 shares, a cash dividend of 69.57 RMB (tax included) will be distributed, equivalent to 6.957 RMB per share.

During the period, revenue reached 4.23 billion RMB, up 17.04% year-on-year. By product category, revenue from power battery systems increased by 25.08% to 316.506 billion RMB; energy storage battery systems rose by 8.99% to 62.44 billion RMB; battery materials and recycling decreased by 23.83% to 21.861 billion RMB; and mineral resources for batteries increased by 8.83% to 5.978 billion RMB.

In the fourth quarter alone, profit was 23.167 billion RMB, up 24.9% quarter-on-quarter; revenue was 140.629 billion RMB, up 34.98% year-on-year.

Market competition intensifies; continuous R&D and innovation drive business development

The company states that, guided by three core strategic directions—“Electrochemical Energy Storage + Renewable Energy Generation,” “Power Batteries + New Energy Vehicles,” and “Electrification + Intelligence”—and four innovation systems—“Materials and Material System Innovation,” “System Structure Innovation,” “Green Manufacturing Innovation,” and “Business Model Innovation”—it promotes various business developments.

The company admits that with the rapid growth of the global new energy market and the quick expansion of battery production capacity by domestic and international companies, there is a risk of intensified market competition. The company continues to regard R&D and innovation as the fundamental driving force for development, constantly upgrading product performance and quality, improving operational efficiency, and reducing production costs.

Deepening Global Supply Chain Layout to Respond to Raw Material Price Fluctuations

Regarding raw material price changes, CATL mentioned that it will continue to deepen its global supply chain layout, improve supply chain management systems, and promptly track supply, demand, and price fluctuations of key raw materials to ensure raw material supply and optimize procurement costs. It has also taken measures such as self-extraction, investment cooperation, and signing long-term orders to ensure supply chain security and stability. The company emphasizes ongoing development and application of recycling technologies to achieve sustainable resource utilization.

Source: Shenzhen Stock Exchange Announcement