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
Pangkalahatang-tanaw
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.
Sa isang sulyap
RMB 424B (~US$59.8B)
Revenue
185,839
Mga empleyado
121 GWh
ESS shipments
Mga Produkto
CATL offers 9 BESS products across 2 categories: Battery Cell, DC Block.
Battery Cell
LFP
280Ah, 0.5P
Tingnan ang mga specification
LFP
306Ah, 0.5P
Tingnan ang mga specification
LFP
314Ah
Tingnan ang mga specification
LFP
587Ah
Tingnan ang mga specification
DC Block
TENER
6.25 MWh
Tingnan ang mga specification
TENER Stack
9 MWh
Tingnan ang mga specification
TENER Flex
752 kWh
Tingnan ang mga specification
EnerC+
4.07 MWh
Tingnan ang mga specification
EnerOne+
407 kWh
Tingnan ang mga specification
Global presence
CATL is headquartered in Ningde, China with manufacturing in China, Germany, Hungary. 15 known facilities worldwide.
HQ
Manufacturing
Mga pasilidad
Head office
Ningde, Fujian, China
Manufacturing
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
Financial data at mga ulat
CATL is publicly listed (SZSE: 300750 / HKEX: 3750). Key figures from FY2025. Annual report available for download.
Mga pangunahing datos
RMB 424B (~US$59.8B)
Revenue
RMB 72.2B (~US$10.2B)
Net income
26.5%
Gross margin
RMB 22.1B (~US$3.1B)
R&D spending
185,839
Mga empleyado
121 GWh
ESS shipments
RMB 62.4B (~US$8.8B)
ESS revenue
A- (S&P)
Credit rating
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.
Mga independiyenteng pagsusuri
›
Stock performance
Sustainability
CATL publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
Mga pangunahing ESG datos
54,538
Mga patent
22,901
R&D staff
-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.
Mga independiyenteng pagsusuri
Analysis
CATL ESG 2025 vs 2024: What Changed
Mga Certification at compliance
CATL holds 3 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
ISO 45001
Mga reference project at case study
Selected BESS projects officially disclosed by CATL. 2 documented projects with case studies available for download.
