On May 27, CALB Group rose 3.05% in regular trading, trading at 30.96 HKD/share, with trading volume of 27.739 million HKD, extending its recent rebound trend.
On the news front, Xiaomi Auto's new brand Xuntian previously confirmed CALB Group as a battery supplier. The company responded that it has officially entered Xiaomi's supply chain and will provide battery solutions for new vehicle models, claiming primary supplier status. Securing volume-oriented model orders from Xiaomi is expected to further consolidate CALB's market share and sustain market confidence.
From a fundamental perspective, CALB reported Q1 revenue of 11.804 billion yuan, up 71.2% year-over-year, demonstrating strong top-line momentum. However, the stock had previously been under pressure due to current liabilities exceeding current assets by over 10 billion yuan. The supply chain catalyst, combined with robust earnings performance, is driving continued sentiment recovery. Analysts note the company's forward P/E is expected to decline to approximately 23x, with strong operating cash flow providing valuation support.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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