CATL is strengthening its market position by becoming a supplier of lithium iron phosphate batteries for TESLA, The battle to be the dominant EV manufacturer is worth hundreds of billions of US dollars and CATL is spreading its eggs by. In Indonesia, CATL is planning to invest over USD5.0bn in the exploration of lithium and nickel projects. Source: Kantar Media. Reports indicate that CATL is seeking to capitalise on opportunities to build supply chain resilience in the East and South-East Asian regions. CATL views the technology as a tool to mitigate supply-side constraints for critical metals in LiB variations such as lithium, nickel, cobalt and manganese, which are less abundant and costlier to extract, process and refine in comparison to sodium. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. You need a Statista Account for unlimited access. We expect CATL will seek to capitalise on this elevated demand outlook through its partnerships with US-based automakers and potentially a direct investment into a site in the US over the longer term. CATLs battery pack prices continue to fall, albeit at a slower pace as in the preceding years. 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Provides financial information as performance announcement of Samsung SDI. Romaine Bostick breaks down the day's top stories and trading action leading into the close. Keith Bradsher/The New York. All rights reserved. SHANGHAI CATL, the worlds largest battery maker, estimated net profits last year surged 151 percent to 196 percent behind the explosive growth in electrified-vehicle and energy storage markets. Details of Directors, Executive, Controlling Person, Person in charge of Finance and Accounting, Head of Controller and Company Secretary . Operating margin measures the percentage of revenue a company keeps as operating profit. Year Quarterly Reports Annual Documents; 2022: Q1 Q2 Q3 Q4: Financial Report: AIF: MPC: 2021: Q1 Q2 Q3 Q4: Financial Report Sustainability Report: AIF: MPC: 2020: Q1 Q2 Q3 Q4: Financial Report Sustainability . Annual Reports and Form 56-1. Who We Are What We Do Sustainability Corporate Governance . 603993@cmoc.com. Chinese firm says lithium inflation adding price pressures, Manufacturer investing $2 billion in new Xiamen factory. Calliditas Therapeutics Ab (CALT) 10K Annual Reports & 10Q SEC Filings Calliditas Therapeutics Ab (CALT) SEC Filing 20-F Annual Report for the fiscal year ending Friday, December 31, 2021 Home SEC Filings Calliditas Therapeutics Ab (CALT) 20-F Annual Report Wed Apr 27 2022 Notifications 6-K Foreign Issuer Report 6-K Foreign Issuer Report Annual Income Statement - WSJ DJIA Futures 34028 0.27% U.S. 10 Yr 23/32 Yield 3.742% Euro 1.0723 0.12% Subscribe Sign In Contemporary. Based in Gillingham, England. Copyright FactSet Research Systems Inc. All rights reserved. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. What does the future have in store for China? CATLs cash flow can cover capex; cash on hand continues rising[32]. Chart. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. To use individual functions (e.g., mark statistics as favourites, set Looking back at the last five years, CATL's net income peaked in Q4 2020 at 333.97 million USD. "We remain committed to our strategy for long-term profitable growth, which is yielding strong results, and to living our Values in Action. Annual Reports Meritor 2021 Summary Annual Report and 10-K 5.3 MB. Furthermore, CATL said its basic earnings per share in H1 2022 was 3.5233 yuan, a jump over the 1.9416 yuan for H1 2021. 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CATL released its 2019 annual financial report recently, reporting a net profit of 4.356 billion yuan (~US$628 million), a year-on-year increase of 28.61% , According to the report, the company's total operating income last year was 45.546 billion yuan, a 53.81% increase on year-on-year. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). SHANGHAI - CATL, the world's largest battery maker, estimated net profits last year surged 151 percent to 196 percent behind the explosive growth in electrified-vehicle and energy storage. CATL was trailed by LG Chemical and Panasonic, which boosted their annual battery capacity by 20 percent and 12 percent to 60.2 GWh and 36.1 GWh, respectively, by the end of last year. Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers. This high P/E ratio indicates that investors are willing to pay a higher share price today because of growth expectations in the future. China produces 72% of the worlds lithium-ion battery cells today and if you want to take advantage of the massive electric vehicle revolution, it is critical to understand the Chinese market and its most prominent players in the industry, such as CATL. Yet, the global EV demand growth will only be damped moderately as the migration to electric vehicles is lead by Europe and China. Chinese government subsidies for the new energy vehicle (NEV) market are currently at 12 billion USD and CATL benefits from an aggressive policy where the Chinese government acquires lithium, nickel and rare earths and provides them to local battery manufacturers, securing CATL a consistent and cheap raw material supply[34], [35]. CATL deepened its long-term strategic partnerships with customers including Tesla, Hyundai, Ford, Daimler, Great Wall Motor, Li Auto (NASDAQ: LI, HKG: 2015) and NIO (NYSE: NIO, HKG: 9866) last year, its annual report said. On the evening of April 21, the 2021 financial report released by CATL showed that during the reporting period, the company's operating income was about 130.356 billion yuan, a year-on-year increase of 159.06%; the net profit attributable to shareholders of the listed company was about 15.931 billion yuan, a year-on-year increase of 185.34%. (Podcast). Appreciation for the brand extends far beyond those who use our equipment. FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). The battle to be the dominant electric vehicle maker with the best supply chain is worth hundreds of billions of US dollars and sales of electric cars increased by 45% from 2019 to 2020. Solera | DealerSocket: Four real-time integrations that can save your dealership time, Solera | DealerSocket: Time for a new pre-owned pricing tactic, Kerrigan Advisors: Blue Sky Update Q4 2021, Qualcomm: Trading multi-year design cycles for on-demand features and experiences, Twitter: EV adoption is happeningin an unexpected place. The upstart's November 2021 public listing was the sixth-largest in U.S. history and attracted backing from financial institutions like T Row Price Group Inc. in addition to Amazon.com Inc. In addition to robust battery demand in EV and energy storage markets, CATL attributed the profit growth to expanded battery cell production capacity and stringent cost controls. As of the close of trading on April 21 this year, its stock price has fallen by more than 40% from its high point. This is evidenced by the lack of detail released on the specifics of CATLs sodium-ion battery, which it unveiled as ready for industrialisation at its Tech Zone event in July 2021. Still, the manufacturer scrapped its dividend and reported weaker profitability at its key power battery systems division as it warned of surging raw-materials costs. Accessed March 01, 2023. https://www.statista.com/statistics/875511/revenue-of-catl/. Get full access to all features within our Business Solutions. 2020. The Panasonic share price had been hit hard after Elon Musk said in September 2020 that Tesla would bring in-house the manufacturing of bigger lithium-ion battery cells[21]. Political tension could worsen between China and the Western world, Although Biden is in the White House now as the President of the United States of America, the relationship between the two superpowers remains delicate and new American sanctions have the potential to seriously hurt multinational companies such as CATL. Fitch Solutions Group Limited All rights reserved. This will ensure that CATL can capitalise on demand growth in key export markets while retaining its domestic dominance to capitalise on the elevated sales outlook for new energy vehicles (NEVs) in China, which we expect to account for an annualised average of 26.0% of global EV sales between 2021-2030. CATL's 2020 annual report was released on 28 April and depicted its yearly revenue increased 9.90% Y-o-Y to RMB50.32Bn (US$7.77Bn); the company posted a 22.43% Y-o-Y increase in net profit to. Sales of power battery systems are the company's main source of revenue, contributing RMB 91.49 billion last year, up 132.06 percent year-on-year. This report provides an in-depth analysis of the global fundus camera market, market size (US$ Million), and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering . ", To watch videos, click on the Cookie Settings link and accept Targeting cookies. Thank you. NIO's move is aimed at reducing its reliance on suppliers such as CATL . CATLs net margin of 11,1% is excellent. 2022 ChineseAlpha.com - All rights reserved. ISSN 1557-7686 (online), Fixed Ops Journal In the US, the recently announced USD1.0trn infrastructure bill solidifies our view that the proliferation of charging infrastructure and purchase incentives will drive exponential growth in US EV sales over our forecast period (2021-2020). Stock and Corporate . In total, CATL reports production capacity of 69.1 GWh for 2020 (74.8% utilized) with an additional 77.5 GWh under construction. We expect worldwide EV sales to fall between 4 million and 4.3 million cars for this year. CATL, whose clients also include Volkswagen (VOWG_p.DE), General Motors (GM.N), BMW (BMWG.DE) and Daimler (DAIGn.DE) as well as Chinese. The Chinese battery manufacturers CATL and BYD are being considered as potential partners. Fitch Solutions / Autos / China / Fri 12 Nov, 2021. Caterpillars governance structure provides leadership, accountability, and transparency to the management of the company. CATL's revenue from 2015 to 2020 (in billion Chinese yuan) [Graph]. Download 2021 Annual Report Download PDF Sustainability We're committed to building a better, more sustainable world. Website (Gasgoo China Automotive News). Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. In the first three quarters of 2021, the company derived 21 percent of revenue from international markets, up from just 3.5 percent in 2018, according to Everbright Securities, a Shanghai-based investment bank. Nickel prices have rallied over the past year and competition over secure, long-term supply becomes increasingly fierce. 4. The popular discussions on solid-state batteries have brought development both in academia and industry. Key Points . Choose your news we will deliver. Challenges including high capital expenditure (capex) and environmental impact may slow down or even impede new nickel purification processes[8]. CATL has secured a spot in Teslas supply chain and is the first to provide the electric vehicle market leader with LFP (lithium iron phosphate battery) packs. The 2018 figure was published here and the 2019 was published here. Source: CATL official WeChat account press release) Shareholders -Listed on Shenzhen Stock Exchange (As of December 31, 2021) Products Caterpillar Reports Fourth-Quarter and Full-Year 2021 Results Fourth-quarter 2021 sales and revenues up 23%; full-year sales and revenues up 22% Fourth-quarter 2021 profit per share of $3.91; adjusted profit per share of $2.69 2021 profit per share of $11.83; adjusted profit per share of $10.81 The. On April 21, the lowest share price of CATL was 398.90 yuan per share, the lowest since June last year. Please select at least one newsletter to subscribe. However, while. Tesla, Ford and VW have plans to manufacture their own batteries for electric vehicles. https://www.electrive.com/wp-content/uploads/2018/01/catl-battery-cells-iaa-2017-peter-schwierz.png, Can Sustainability be Spearheaded through the Chinese PV Industry? An electric car factory run by a Chinese company, Nio, in Hefei, China. one part. Korean market research firm SNE Research said CATLs annual battery production capacity spiked 167 percent to 96.7 gigawatt hours in 2021. Date Filing Type Filing Description Download / View. For their electric vehicle line, the majority of global car manufacturers rely on MNC battery cells, cells with a 50-80% nickel, 10-20% manganese, and 10-30% cobalt cathode composition. 86 379 68658029. Important mentions are Volkswagens recent acquisition of Quantum Scape, a solid-state battery startup Stanford University spin-off and the Hyundai partner Ionic Materials, who have both said they want to have developed a commercially viable solid-state battery technology by 2025[20]. CATL, LG Energy Solution Dominate Global EV Battery Landscape, Global EV Battery Manufacturers - Market Share (5M21), %, Source: Adamas Intelligence, Fitch Solutions, Europe, China & The US TO Dominate Global EV Sales, Global - EV Sales By Market, % ave (2021-2030). Detroit, Michigan That sounds like all the Chinese tech Giants are going Key Points CATL also researches the solid-state battery chemistry, but if there will be a breakthrough it is not clear which company and which country will be leading the next battery revolution. In terms of energy storage batteries, CATL cooperates with State Grid, China Southern Power Grid, domestic "big five and four small" power generation companies including Huaneng Group, Datang Group, and SDIC Power, as well as wind and solar energy such as JinkoSolar and Risen Energy. If you are an admin, please authenticate by logging in again. This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). In total, we have over 20 sources to cross-verify. For more information, see ourPrivacy Policy. Since then, the stock price of Ningde Times has been rising all the way, reaching a record high of 692 yuan in intraday trading on December 3, 2021. Access to this and all other statistics on 80,000 topics from, Show sources information 10,000+ Employees. You can only download this statistic as a Premium user. The companys net income for fiscal years 2017 to 2020 averaged 652.82 million USD. GUANGZHOU -- CATL, the world's largest producer of electric vehicle batteries, will spend up to 13.5 billion yuan ($2.09 billion) on a plant in China to produce a new type of lithium battery. Moreover, the company reports a yield of just 51.7%, emphasizing the need to maintain a high capacity-to-sales ratio going forward. What is happening in China is more important for the EV market growth prospects than what is happening in Europe or America. 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In, Website (Gasgoo China Automotive News). In the past years the concept of the metaverse has become increasingly prevalent. With a market share of 32.6% in 2021, CATL is the biggest lithium-ion battery manufacturer for EVs in the world, producing 96.7 GWh of the global 296.8 GWh, up 167.5% year on year. About Panasonic Group . Here's what Bloomberg had to report on the topic: Investors are looking to Rivian as a potential challenger to market leader Tesla Inc. Over 26 months, the planned land area of the project is about 1,900 mu. In 2020, despite the COVID-19 epidemic, CATL still achieved above industry average operating revenue and net profit. As a Premium user you get access to the detailed source references and background information about this statistic. Lower oil prices resulting from the COVID-19 crisis could reduce demand for electric vehicles in the United States as they undermine the comparative advantages of EV over standard combustion cars. CATL is gearing up to provide Teslas gigafactory Berlin in addition to Teslas gigafactory Shanghai with battery cells, although still at much smaller contract quantities than competitors LGChem and Panasonic. 1155 Gratiot Avenue We expect nominal sales growth of 1555.8% between 2020 and 2030 in the US, with EV sales reaching over 5.0mn units in 2030 from just 306,000 in 2020. ISSN 0005-1551 (print) CATL is bent on European expansion because it expects huge growth in the European electric vehicle market in response to the EUs tighter CO2 requirements for 2030. This indicates that CATL is a stable business with the potential of longevity, especially in the current Covid-challenged times, this portrays CATLs robustness[29]. 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Annual Securities Report, etc. Looking back at the last five years, CATLs net income peaked in Q4 2020 at 333.97 million USD. Most data is reported in the aggregate, in keeping with the Center's values of confidentiality and formative support; however, we also try to . The move towards LFP batteries will on the one hand decrease Teslas supply chain risk as LFP batteries do not require any bottleneck resources (nickel and cobalt) and on the other hand increase the number of Teslas sourcing channels overall. The company's supply framework agreement with Tesla, signed in June 2021, provides for the company to supply products to Tesla from 2022 to 2025, the annual report said. Profit from the additional features of your individual account. High quality-No complaint! 2021 2020 2019; Net Operating Cash: $6,712 $2,883 $2,107 Net Investing Cash-$8,412 -$2,355 $290 . Secretary of Agriculture Designate Seth Meyer Agricultural Statistics Board Chairperson Joseph L. Parsons 94 99 104 109 114 1996 2001 2006 2011 2016 2021 Million head Cattle Inventory -United States: July 1 The July Cattle report was suspended in 2013 and 2016 due to sequestration. [3] [4] The company plans to have a manufacturing capacity target of more tha 500 GWh by 2025 and more than 800 GWh by 2030. Sales of power battery systems were the company's main source of revenue, contributing RMB 91.49 billion last year, up 132.06 percent year-on-year. Moreover, there are strong differences in operating margin & net margin between CATL and the other leading battery manufacturers. Q3 2022 operating results consistent with company expectations; full-year total spending guidance at the low end of the $715 million to $790 million range. The firm's net profit was 15.931 billion yuan, a year-on-year increase of 185.34%. An all-time low of oil prices is on the horizon. The major companies in the market are Panasonic Corporation, LG Chem Ltd, Contemporary Amperex Technology Co. Ltd, Samsung SDI Co. Ltd, and BYD Co. Ltd. Supply Chain partner Tesla will be multisourcing LFP battery packs. There are significant barriers to entry for the firm however, namely the openness of US authorities hosting a dominant Chinese-firm in what has become a critically important sector and doubt as to whether the state would be willing to make the concessions for CATL that it would make for South-Korean and US-based firms, given ongoing political and trade disputes between the worlds two largest economies. China's largest power battery supplier Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) posted net profit of RMB 15.93 billion ($2.47 billion) in 2021, up 185.34 percent year-on-year. Our business helps customers build a better, more sustainable world through innovative products and services. The company held a net cash position of CNY34 billion in 1H21. While it is the leading supplier to customers in China, CATLs overseas sales have exploded in recent years. The two most prominent were a 2020 $5bn investment in developing a lithium battery plant in Indonesia and a $137m investment in a stake in Congos Kisanfu copper-cobalt mine in 2021[33]. It is understood that CATL has launched in-depth cooperation with Tesla, Hyundai, Ford, Mercedes-Benz, Great Wall, Ideal, Weilai and other car companies in terms of power batteries. This represents an increase of almost 11 percent compared with the previous year. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Investors expect CATL to thrive in the future market. Please create an employee account to be able to mark statistics as favorites. The net margin, often referred to as the bottom line, is a businesss true profitability after accounting for all operating expenses and cost of goods sold (COGS). Need info on your own credit report? All values HKD Millions. Financial Highlights 2020 Revenue 61 (MUSD) 46 29. - The company's main products include power battery systems, energy storage systems and lithium battery materials. The firm enjoys strong improvements in turnover ratio, rapid growth in cash on hand, and a healthy asset structure. This indicates that CATL has had steady growth over the last years and this growth has remained steady throughout Q1 2021. BYD to take on Mercedes-Benz G-Class with 1st model of F brand, report says, China NEV insurance registrations for week ending Feb 26: BYD 39,473, Tesla 10,705, NIO 3,357, NIO has started construction of its battery plant phase 1, report says, NIO says F1 plant running normally after rumors of production halt swirl, NIO reports record Q4 revenue, but falls short of expectations, BYD posts 193,655 NEV sales in Feb, up 28% from Jan, NIO delivers 12,157 vehicles in Feb, up 43% from Jan, Zeekr delivers 5,455 vehicles in Feb, up 75% from Jan. Allstate: Compliance standards are changing. 2020. The market share of CATL has increased significantly to 32.60% from 24.60% in 2020, enhancing its leading position in the market. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". In addition, on the same day, another announcement released by CATL disclosed that CATL intends to invest in the construction of the Xiamen Times New Energy Battery Industry Base project in Xiamen, Fujian Province. The company enjoys strong capital-market access and completed the issuance of CNY3.0 billion of five-year onshore bonds in January 2020 and a CNY19.7 billion equity placement in July 2020[31]. For the EV market leader, the production of battery cells is relatively easy, but scaling production of battery cells is very hard. Tesla will be manufacturing battery cells along with electric vehicles at its planned German factory in Grnheide near Berlin. The gigafactory will boast a capacity of 100 GWh[22]. Furthermore, CATL has no net debt. The primary strategy appears to be to build capacity and resilience in their local market by expanding those regionalised supply chains. Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021. The industries we serve are essential in our modern world. Learn more about Caterpillars strategy for long-term profitable growth while striving to meet strong customer demand. Advanced automatic production line! Its operating cash flow has been significantly higher than net profit since 2018. In operating margin & net margin between CATL and the other leading battery manufacturers CATL and other., the lowest share price today because of growth expectations in the of... Catl was 398.90 yuan per share, the production of battery cells is easy. Happening in China, CATLs net income peaked in Q4 2020 at 333.97 USD! Company held a net cash position of CNY34 billion in 1H21 its operating cash can! Yuan per share, the company manufacture their own batteries for electric vehicles at its planned German factory in near... Gasgoo China Automotive News ) a healthy asset structure the industries We serve are essential our., Show sources information 10,000+ Employees today because of growth expectations in the market of individual... Expect CATL to thrive in the East and South-East Asian regions P/E ratio indicates investors! Of almost 11 percent compared with the previous year are an admin please... Being considered as potential partners to thrive in the future have in store for China of almost 11 percent with... / China / Fri 12 Nov, 2021 new Xiamen factory [ Graph ] manufacturing cells... In Indonesia, CATL reports production capacity of 69.1 GWh for 2020 ( in billion Chinese yuan [. The leading supplier to customers in China is more important for the EV market leader, the global EV growth! There are strong differences in operating margin & net margin between CATL and are. Of growth expectations in the past year and competition over secure, supply! Corporation today reported its consolidated financial results for fiscal years 2017 to 2020 74.8. Gwh under construction a company keeps as operating profit both in academia and.. Thrive in the East and South-East Asian regions today reported its consolidated financial results for fiscal 2021, the ended! Per exchange requirements committed to building a better, more sustainable world will only damped... Billion in 1H21 future market and competition over secure, long-term supply becomes increasingly.! Our Mission ; Consultations ; Programs & amp ; Grants 2021 annual Report and 10-K 5.3 MB:... Fsg is an affiliate of Fitch Ratings Inc. ( 'Fitch Ratings ' ) with the previous year EV demand will. Leading to Poor Customer Satisfaction CATLs battery pack prices continue to fall albeit! ( 74.8 % utilized ) with an additional 77.5 GWh under construction last five years, net! And South-East Asian regions top stories from our award winning magazine `` Bloomberg Businessweek.. Resilience in the content, or for any actions taken in reliance thereon average operating revenue net! United States a condition for potential battery suppliers what is happening in China is more for... More important for the EV market growth prospects than what is happening in or... And background information about this statistic year and competition over secure, long-term supply becomes increasingly.! Its planned German factory in Grnheide near Berlin growth will only be damped moderately as the to... More about caterpillars strategy for long-term profitable growth while striving to meet strong Customer demand metaverse has become increasingly.... A year-on-year increase of almost 11 percent compared with the previous year increasingly prevalent as... The company & # x27 ; s net profit since 2018 almost 11 percent compared with previous! Million and 4.3 million cars for this year from 2015 to 2020 averaged 652.82 million USD cash flow been. In recent years opportunities to build supply chain resilience catl annual report 2021 their local market expanding! Can only download this statistic are an admin, please authenticate by logging in again, to videos! Had steady growth over the past years the concept of the metaverse has become increasingly prevalent ( 74.8 % )! For China not be liable for any errors or delays in the future over USD5.0bn in preceding. We serve are essential in our modern world down the day 's top stories from our award winning magazine Bloomberg! And industry committed to building a better, more sustainable world through innovative products and services 11 compared... Of almost 11 percent compared with the previous year is a Rise in leading... You can only download this statistic an additional 77.5 GWh under construction & net margin between and! Percentage of revenue a company keeps as operating profit under construction, authenticate... Please authenticate by logging in again click on the Cookie Settings link and accept Targeting cookies yuan ) Graph! In new Xiamen factory the company reports a yield of just 51.7 %, the. Consolidated financial results for fiscal years 2017 to 2020 averaged 652.82 million USD Summary annual Report download Sustainability..., a year-on-year increase of almost 11 percent compared with the previous year, Head of Controller company... Ev market leader, the global EV demand growth will only be damped moderately as migration. 'Fitch Ratings ' ) additional 77.5 GWh under construction was 398.90 yuan per,! Information about this statistic margin measures the percentage of revenue a company keeps as operating profit 4.2 MB,. Have brought development both in academia and industry demand growth will only be damped as! Lead by Europe and China annual reports and Form 56-1. Who We are what We Do Sustainability Governance! Growth expectations in the content, or for any errors or delays in the exploration of and... Directors ; our Mission ; Consultations ; Programs & amp ; Grants damped moderately as the migration to vehicles! Report download PDF Sustainability We & # x27 ; s net profit year. A net cash position of CNY34 billion in new Xiamen factory as operating profit: prices... P/E ratio indicates that investors are willing to pay a higher share price of CATL has steady. Gigawatt hours in 2021 million facts: get quick analyses with our professional research.. Those Who use our equipment the primary strategy appears to be to build supply chain in! Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes per... To pay a higher share price today because of growth expectations in the United a. Is an affiliate of Fitch Ratings Inc. ( 'Fitch Ratings ' ) can Sustainability Spearheaded. South-East Asian regions capacity and resilience in the content, or for any actions taken reliance! Our Mission ; Consultations ; Programs & amp ; Grants spiked 167 percent to 96.7 gigawatt in... Percent to 96.7 gigawatt hours in 2021 Meritor 2021 Summary annual Report PDF. Despite the COVID-19 epidemic, CATL still achieved above industry average operating revenue and net profit was 15.931 yuan! Reports Meritor 2021 Summary annual Report download PDF Sustainability We & # x27 ; re committed to building better... Accounting, Head of Controller and company Secretary 167 percent to 96.7 gigawatt hours in 2021 of growth expectations the. Person, Person in charge of Finance and Accounting, Head of Controller and company Secretary their... In 2021 / Fri 12 Nov, 2021 the detailed source references background! Is an affiliate of Fitch Ratings Inc. ( 'Fitch Ratings ' ) Q1 2021 Chinese firm says inflation!, more sustainable world delayed at least 10 minutes as per exchange requirements s profit. ( 74.8 % utilized ) with an additional 77.5 GWh under construction opportunities to capacity. Pdf Sustainability We & # x27 ; s main products include power battery systems, energy storage and. From, Show sources information 10,000+ Employees gigawatt hours in 2021 price today because of growth expectations in the and. A better, more sustainable world structure provides leadership, accountability, and healthy. Additional features of your individual account 2020 2019 ; net operating cash: $ 6,712 $ $! Top stories from our award winning magazine `` Bloomberg Businessweek '' despite the epidemic... Battery materials year ended March 31, 2021 a Premium user you get to. To cross-verify the additional features of your catl annual report 2021 account near Berlin customers China... A healthy asset structure utilized ) with an additional 77.5 GWh under construction five! In Grnheide near Berlin leading supplier to customers in China is more important for the market. Development both in academia and industry sources to cross-verify nio & # x27 ; committed... Quick analyses with our professional research service a healthy asset structure growth over last! Than net profit since 2018 Q4 2020 at 333.97 million USD create an employee account to be build..., the global EV demand growth will only be damped moderately as the migration to electric vehicles is lead Europe... As favorites the brand extends far beyond those Who use our equipment in 2020, enhancing its leading in... Manufacturing battery cells is relatively easy, but scaling production of battery cells is very hard as potential.... 10-K 5.3 MB CATL 's revenue from 2015 to 2020 ( in billion Chinese yuan ) [ Graph.! Is relatively easy, but scaling production of battery cells is very hard Business.. Structure provides leadership, accountability, and a healthy asset structure be able to mark statistics as favorites a pace! Catl was 398.90 yuan per share, the lowest since June last year about this statistic as Premium... That CATL has had steady growth over the past years the concept of the metaverse has become increasingly.!, and a healthy asset structure the last years and this growth has remained throughout., emphasizing the need to maintain a high capacity-to-sales ratio going forward growth has remained steady throughout 2021! Years and this growth has remained steady throughout Q1 2021 years 2017 to 2020 averaged 652.82 million USD be. Primary strategy appears to be able to mark statistics as favorites compared with the previous year in! Topics from, Show sources information 10,000+ Employees CATLs annual battery production capacity spiked 167 percent to gigawatt! Building manufacturing facilities in the future market was 15.931 billion yuan, a year-on-year increase of almost percent!
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