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
概要
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.
概要
RMB 424B (~US$59.8B)
売上高
185,839
従業員数
121 GWh
ESS出荷量
製品
CATL offers 9 BESS products across 2 categories: Battery Cell, DC Block.
Battery Cell
LFP
280Ah, 0.5P
仕様を見る
LFP
306Ah, 0.5P
仕様を見る
LFP
314Ah
仕様を見る
LFP
587Ah
仕様を見る
DC Block
TENER
6.25 MWh
仕様を見る
TENER Stack
9 MWh
仕様を見る
TENER Flex
752 kWh
仕様を見る
EnerC+
4.07 MWh
仕様を見る
EnerOne+
407 kWh
仕様を見る
グローバル拠点
CATL is headquartered in Ningde, China with manufacturing in China, Germany, Hungary. 15 known facilities worldwide.
HQ
Manufacturing
施設・拠点
本社
Ningde, Fujian, China
製造拠点
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
財務データ・レポート
CATL is publicly listed (SZSE: 300750 / HKEX: 3750). Key figures from FY2025. Annual report available for download.
主要数値
RMB 424B (~US$59.8B)
売上高
RMB 72.2B (~US$10.2B)
純利益
26.5%
粗利益率
RMB 22.1B (~US$3.1B)
研究開発費
185,839
従業員数
121 GWh
ESS出荷量
RMB 62.4B (~US$8.8B)
ESS売上高
A- (S&P)
信用格付
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.
独立した分析
›
株価パフォーマンス
サステナビリティ
CATL publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
ESG主要数値
54,538
特許
22,901
研究開発人員
-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.
認証・コンプライアンス
CATL holds 3 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
ISO 45001
導入実績・ケーススタディ
Selected BESS projects officially disclosed by CATL. 2 documented projects with case studies available for download.
