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
Tổng quan
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.
Tổng quan nhanh
RMB 424B (~US$59.8B)
Doanh thu
185,839
Nhân viên
121 GWh
Xuất hàng ESS
Sản phẩm
CATL offers 9 BESS products across 2 categories: Battery Cell, DC Block.
Battery Cell
LFP
280Ah, 0.5P
Xem thông số
LFP
306Ah, 0.5P
Xem thông số
LFP
314Ah
Xem thông số
LFP
587Ah
Xem thông số
DC Block
TENER
6.25 MWh
Xem thông số
TENER Stack
9 MWh
Xem thông số
TENER Flex
752 kWh
Xem thông số
EnerC+
4.07 MWh
Xem thông số
EnerOne+
407 kWh
Xem thông số
Hiện diện toàn cầu
CATL is headquartered in Ningde, China with manufacturing in China, Germany, Hungary. 15 known facilities worldwide.
HQ
Manufacturing
Cơ sở
Trụ sở chính
Ningde, Fujian, China
Sản xuất
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
Dữ liệu tài chính và báo cáo
CATL is publicly listed (SZSE: 300750 / HKEX: 3750). Key figures from FY2025. Annual report available for download.
Số liệu chính
RMB 424B (~US$59.8B)
Doanh thu
RMB 72.2B (~US$10.2B)
Lợi nhuận ròng
26.5%
Biên lợi nhuận gộp
RMB 22.1B (~US$3.1B)
Chi phí R&D
185,839
Nhân viên
121 GWh
Xuất hàng ESS
RMB 62.4B (~US$8.8B)
Doanh thu ESS
A- (S&P)
Xếp hạng tín dụng
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.
Phân tích độc lập
›
Hiệu suất cổ phiếu
Phát triển bền vững
CATL publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
Số liệu ESG chính
54,538
Bằng sáng chế
22,901
Nhân sự R&D
-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.
Phân tích độc lập
Analysis
CATL ESG 2025 vs 2024: What Changed
Chứng nhận và tuân thủ
CATL holds 3 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
ISO 45001
Dự án tham chiếu và nghiên cứu điển hình
Selected BESS projects officially disclosed by CATL. 2 documented projects with case studies available for download.
