CATL Shares Surge Over 5% Again Following Strong Annual Results

Stock News03-11

CATL (03750) rose more than 5% again. As of the time of writing, the stock was up 5.18%, trading at HKD 578.5, with a turnover of HKD 703 million. On the news front, on March 9, CATL disclosed its annual results, reporting annual revenue of RMB 423.7 billion, a year-on-year increase of 17.04%. Net profit reached RMB 72.2 billion, up 42.28% year-on-year, while adjusted net profit was RMB 64.51 billion, growing 43.37% year-on-year. The company proposed a cash dividend of RMB 69.57 per 10 shares to all shareholders, with a total cash dividend distribution of approximately RMB 31.532 billion. Jefferies stated that CATL's performance for the 2025 fiscal year significantly exceeded expectations, with a strong performance in the last quarter of last year highlighting the company's strengths in scale, execution, and profitability. Looking ahead to 2026, the firm believes CATL's aggressive and highly visible expansion plans will further broaden its competitive advantages and solidify its unshakable leadership position in the global electrification sector.

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