Contemporary Amperex Technology Co Ltd Class A
300750: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| p<g | LOCK|W@SGc | LOCK|PRG@@Sc |
CATL Earnings: Net Profit in Line; Stronger Gross Margin Offsets Sluggish Battery Prices
Contemporary Amperex Technology reported 26% year-over-year net profit growth in the third quarter. Thanks to the lower lithium price, the gross margin recovery trend remains intact, with 9 percentage points gain in the quarter from a year ago.
