CATL's full-year performance was strong, and a special dividend was paid out, leading to a significant increase in stock price

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Investing.com - CATL (HK:3750) stock surged significantly on Tuesday after the Chinese battery giant announced strong annual results, highlighting robust demand for electric vehicles and energy storage batteries.

The company stated that revenue in 2025 is expected to grow 17% year-over-year to approximately RMB 423.7 billion ($61.3 billion), while net profit attributable to shareholders jumped over 42% to about RMB 72.2 billion.

The strong profit growth was driven by increasing demand for electric vehicle power batteries and energy storage systems, with the company noting the continuous expansion of the global new energy market.

Shares of CATL listed in Hong Kong jumped 9.2% to HKD 549.5, while those listed in Shenzhen rose 6% to RMB 378.0.

CATL also proposed a final dividend of RMB 21.78 per 10 shares and a special cash dividend of RMB 47.79 per 10 shares, reflecting the company’s strong profitability and cash generation throughout the year.

The company stated that lithium battery shipments increased nearly 40% year-over-year to approximately 661 gigawatt-hours, maintaining its position as one of the world’s largest battery suppliers.

Headquartered in Ningde, Fujian Province, China, CATL is a key supplier for global automakers, including Tesla (NASDAQ:TSLA), and is rapidly expanding with the growth of the electric vehicle sector.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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