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CATL issued a semi annual report, earning 20 billion yuan in half a year

Classification:
Industry information
Author:
BJR
2023/07/28 10:00

CATL released its semi annual report this week. On the whole, both profitability and inventory digestion are in line with market expectations.

According to the semi annual report, CATL achieved an operating income of 189.246 billion yuan in the first half of the year, up about 68% year on year; The net profit was 20.717 billion yuan, a year-on-year increase of about 154%; The basic earnings per share were 4.72 yuan, a year-on-year increase of 141%. The company's performance growth is mainly attributed to the continuous recovery and expansion of the new energy vehicle market, as well as the company's rapid expansion in overseas markets.

In addition, the semi annual report shows the advantages and achievements of CATL in the industry, and also points out the shortcomings and challenges of the company in terms of capacity utilization and Gross margin. The semi annual report also introduced the Restricted stock incentive plan issued by CATL, expressed confidence in future performance growth, and outlined the company's internationalization strategy and the development direction of new technologies and products.