Analysis
CATL 2025 Annual Results: 121 GWh ESS Shipped, RMB 62.4 Billion ESS Revenue
CATL
📍 Ningde, China · Est. 2011Listed · SZSE: 300750 / HKEX: 3750
Researched by 88 professionals in the last 30 days
Overblik
CATL, founded in 2011 and headquartered in Ningde, Fujian, is the world's largest battery manufacturer by shipped energy storage capacity, selling 121 GWh of storage batteries in 2025. The company is vertically integrated from LFP cell production to containerised DC block systems and has held the leading position in global energy storage battery shipments for consecutive years. Manufacturing runs across thirteen bases in China plus Thuringia in Germany and Debrecen in Hungary.
Overblik
RMB 424B (~US$59.8B)
Omsætning
185,839
Medarbejdere
121 GWh
ESS-leverancer
Produkter
CATL offers 9 BESS products across 2 categories: Battery Cell, DC Block.
Battery Cell
LFP
280Ah, 0.5P
Se specifikationer
LFP
306Ah, 0.5P
Se specifikationer
LFP
314Ah
Se specifikationer
LFP
587Ah
Se specifikationer
DC Block
TENER
6.25 MWh
Se specifikationer
TENER Stack
9 MWh
Se specifikationer
TENER Flex
752 kWh
Se specifikationer
EnerC+
4.07 MWh
Se specifikationer
EnerOne+
407 kWh
Se specifikationer
Global tilstedeværelse
CATL is headquartered in Ningde, China with manufacturing in China, Germany, Hungary. 15 known facilities worldwide.
HQ
Manufacturing
Faciliteter
Hovedkvarter
Ningde, Fujian, China
Produktion
Yibin, Sichuan, ChinaLiyang, Jiangsu, ChinaZhaoqing, Guangdong, ChinaJining, Shandong, ChinaXiamen, Fujian, ChinaYichun, Jiangxi, ChinaGuiyang, Guizhou, ChinaLuoyang, Henan, ChinaShanghai, ChinaXining, Qinghai, ChinaChongqing, ChinaChengdu, Sichuan, ChinaThuringia, GermanyDebrecen, Hungary
Finansielle data og rapporter
CATL is publicly listed (SZSE: 300750 / HKEX: 3750). Key figures from FY2025. Annual report available for download.
Nøgletal
RMB 424B (~US$59.8B)
Omsætning
RMB 72.2B (~US$10.2B)
Nettoindkomst
26.5%
Bruttomargin
RMB 22.1B (~US$3.1B)
F&U-udgifter
185,839
Medarbejdere
121 GWh
ESS-leverancer
RMB 62.4B (~US$8.8B)
ESS-omsætning
A- (S&P)
Kreditvurdering
Source: 2025 annual report (CNINFO). Revenue +17.04%, net profit +42.28%. Energy storage battery sales 121 GWh, up 29.13%; storage system revenue RMB 62.4B at a 26.7% gross margin. Total lithium battery sales 661 GWh. Capacity 772 GWh with a further 321 GWh under construction. Headline gross margin is the electrical machinery segment, 98.6% of revenue. Credit rating carried over from the previous profile, not re-verified.
Uafhængige analyser
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Aktiekursudvikling
Bæredygtighed
CATL publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
ESG-nøgletal
54,538
Patenter
22,901
F&U-personale
-77% intensity vs 2022
CO2 Reduced
Source: 2025 ESG report. Carbon emission intensity per unit product down about 77% against 2022 and energy intensity down 28% over the same period. All core operational battery bases reached carbon neutrality in 2025, certified to ISO 14068-1. Patents are held or under application, domestic and international.
Uafhængige analyser
Analysis
CATL ESG 2025 vs 2024: What Changed
Certificeringer og compliance
CATL holds 3 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
ISO 45001
Referenceprojekter og casestudier
Selected BESS projects officially disclosed by CATL. 2 documented projects with case studies available for download.
