Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. Use Ask Statista Research Service. We expect CATL to continue to invest in production sites and integrating elements of the local supply chains in Europe. CATL has historically controlled and is continuing to control the Chinese battery manufacturing market as it fulfills the lion share of the Chinese battery demand. Fiscal year is January-December. Corvus Energy. In August 2021, the Shenzhen listed (SZSE) battery-cell producer announced that it was planning a USD9.0bn private share placement to fund six projects aimed at boosting its LiB production capacity. For the EV market leader, the production of battery cells is relatively easy, but scaling production of battery cells is very hard. Relative to the global market, CATLs capacity (measured in GWh) is rivalled only by South Koreas LG Energy Solution. February 15, 2023. The primary strategy appears to be to build capacity and resilience in their local market by expanding those regionalised supply chains. Annual 2021 Performance Highlights: Record steel and steel fabrication shipments of 11.2 million tons and 789,000 tons, respectively Record net sales of $18.4 billion Record operating income of. Nickel prices have rallied over the past year and competition over secure, long-term supply becomes increasingly fierce. 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. CATL released its 2021 annual report on the evening of 21st April 2022. Website (Gasgoo China Automotive News). 48207-2997, Automotive News Overall, CATL has a very strong story for the next 3 5 years and buying a major battery manufacturer is a great play if the electric vehicle market growth continues on the foreseeable trajectory. Download 2021 Annual Report Download PDF Sustainability We're committed to building a better, more sustainable world. Tesla will be manufacturing battery cells along with electric vehicles at its planned German factory in Grnheide near Berlin. We leverage our expertise and partnerships to provide in-depth and insightful reports. one part. CATL didnt disclose additional details about its 2021 performance. 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. The gigafactory will boast a capacity of 100 GWh[22]. Panasonic Holdings Corporation. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. 1155 Gratiot Avenue cmoc_group. Given growing supply, Goldman Sachs sees spot prices of lithium carbonate, a precursor to the compound used in making lithium-ion batteries, sinking to $34,000 a tonne in the next 12 months, from . In addition, there are further branches in Shanghai, Jiangsu, Qinghai, Foshan, as well as overseas branches in Munich, Paris, the USA and Japan[7]. According to CATL's H1 2021 financial announcement: - Revenue rose by 134.1%, reaching CNY 44.1 billion. Annual report 2020. Please create an employee account to be able to mark statistics as favorites. Find the company's financial performance, revenue, and more. The figures for 2016 through 2017 were taken from this article released in June 2018. 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. The giant released its 2021 Annual Report Preview on January 27: the company expects to achieve a net profit of 14 billion yuan to 16.5 billion yuan, with an increase of 150.75% to 195.52% year-on-year. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. Show publisher information These range from corporate news and ad hoc announcements to financial and quarterly reports as well as company presentations. Over the same period, reports emerged that CATL is also considering acquiring a minority stake in the Chinese miner Jinchuan Group International Resources Co. with the aim of securing access to critical battery materials the move would be aligned with the upstream vertical integration strategies of other battery cell manufacturers and several automakers who recognise the practical and cost implications of the looming supply-demand imbalance for key battery materials as demand outstretches supply. Contact via: phate@cnevpost.com. Phate is the founder and main author of CnEVPost. To learn more about our EV and battery market analysis, complete our contact form and we'll be in touch shortly to discuss the best options for you and your business. In total, we have over 20 sources to cross-verify. The market share of CATL has increased significantly to 32.60% from 24.60% in 2020, enhancing its leading position in the market. Its operating cash flow has been significantly higher than net profit since 2018. Global outlook on electricity generation 2020-2050, by energy source, Biggest planned green hydrogen projects globally August 2021, Global pumped storage capacity 2021, by leading country, Cumulative global energy storage deployment 2013-2030. CATLs extensive change in operating expenses is mainly driven by interest income and expenses. Year 2021 Semi Annual - Annual Download: Year 2020 Semi Annual - Annual Download: Year 2019 Semi Annual - Annual Download: Year 2018 Semi Annual - Annual . In 2021, its energy storage system sales revenue will be 13.624 billion yuan, accounting for 10.45%, a year-on-year increase of 601.01%. 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 22.6% . The gross profit for EV battery, energy storage battery, and battery material are 22%, 28.5%, and 25.1%, respectively. ISSN 0005-1551 (print) Panasonic Holdings Corporation. Answers include investor information. Shareholders' Meeting. Haig Partners: How are dealerships being valued today? A cooperation with Nio extends CATLs business operations downstream. 2019. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. Specifics on cathode chemistry are not often readily available. 2020. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Romaine Bostick breaks down the day's top stories and trading action leading into the close. 25-NSE. Market research suggests that around 30% of global passenger vehicle sales will be electric vehicles by 2030. Details: CATL expects to report a 2021 net profit attributable to shareholders of between RMB 14 billion and RMB 16 billion ($2.2 billion to $2.5 billion), an increase of up to 195.5% from RMB 5.6 billion a year earlier, according to a Thursday announcement (in Chinese). ISSN 2576-1072 (online), Tesla readies revamp of Model Y code-named Juniper, report says, VW under fire over Xinjiang plant after China chief visit, Li Auto Q1 sales, revenue outlook soars on growing EV lineup, Sponsored Content: Ally All Ears Podcast | How F&I is driving dealership profits, Sponsored Content: Understanding automotive connected consumers | Amazon Ads. 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. You can unsubscribe at any time through links in these emails. CATLs strategic vision is to utilize electrification and intelligentization to realize integrated innovation of market applications, utilize EV batteries to replace mobile fossil energy and utilize renewable energy generation and energy storage to replace stationary fossil energy[6]. We expect worldwide EV sales to fall between 4 million and 4.3 million cars for this year. Website (Gasgoo China Automotive News). We disclose our all sources as we are committed to full transparency. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Visit and get more detail information. CATL Annual Report, 2020-2021; CATL Annual Report, 2019-2020; CATL Annual Report, 2018-2019; CATL Annual Report, 2017-2018; CATL Annual Report, 2016-2017; Center for the Advancement of Teaching & Learning; About Us. CATL released its 2021 annual report on the evening of 21stApril 2022. Read corporate press releases and news announcements distributed by Caterpillar Inc. Our leaders are committed to supporting customers and driving profitable growth. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. He has been reporting since 2009, mainly on macroeconomics and capital markets. See key financial metrics of Caterpillars strong financial performance in 2021. CATLs upstream supply chain is heavily anchored within China and the firms growth is heavily intertwined with Chinas economic development. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. CATLs improving bargaining power drives up the leverage ratio, boosting ROE. Why Chinese tech Giants are embracing the Metaverse despite state media warnings. 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. In total, we have over 20 sources to cross-verify. Website (Gasgoo China Automotive News). Contemporary Amperex Technology Co. Ltd., the worlds biggest maker of electric-vehicle batteries, reported better-than-expected full-year profit and announced plans to spend 13 billion yuan ($2 billion) on a new factory in China. Challenges including high capital expenditure (capex) and environmental impact may slow down or even impede new nickel purification processes[8]. Click here for "Analysis Report: Lithium-Ion Battery (Chinese Market) -In 2021, CATL was No. CATL has already commenced production of its first overseas factory in central Germany. And the capacity utilization rate was 95% in 2021. Annual Reports and Form 56-1. Who We Are What We Do Sustainability Corporate Governance . For standard LiBs, reports indicate that CATL primarily utilises the Lithium Nickel Cobalt Manganese Oxide (NMC) cathode chemistry which has a good energy density and by extension vehicle range. 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. Register in seconds and access exclusive features. - Net profit hit CNY 4.5 billion, representing a 131.5% growth. 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. CATLs 2021 net profit will range from 14 billion yuan ($2.2 billion) to 16.5 billion yuan, the Shenzhen-listed company said this week. Browse over 2,000 research reportsat the Fitch Solutions Store. You need a Statista Account for unlimited access. Haig Partners: Dealership consolidation trends, Haig Partners: Dealership valuation trends, Haig Partners: Dealership succession planning, Ally: Navigating the future of automotive retailing, Google: How a century-old brand is transforming the auto industry. New strategic partnerships are in the CATLs pipeline. Tesla, Ford and VW have plans to manufacture their own batteries for electric vehicles. In the past years the concept of the metaverse has become increasingly prevalent. Current Chinese and EU politics impact the EV markets. Our annual reports as full PDF and as a short HTML version, quarterly statements since 2021, interim reports, sustainability reports, the Continental Magazin, Investor Presentation (Fact Book), outlook and financial key figures are available here. In 2020, despite the COVID-19 epidemic, CATL still achieved above industry average operating revenue and net profit. Discover how we canmeet your requirements. Appreciation for the brand extends far beyond those who use our equipment. The first phase, which has now started, is said to have a capacity of 60 GWh per year. As soon as this statistic is updated, you will immediately be notified via e-mail. Supply chain bottlenecks in Nickel and Cobalt have already made it increasingly difficult to hold up with demand. Meet some of our key peopleand explore our credentials. Learn more about how Statista can support your business. - The company's main products include power battery systems, energy storage systems and lithium battery materials. CATL is tendered to supply critical parts for APPLEs planned US battery production. The problem is that the EV market is growing at an exponential rate, but 90% of nickel in the global supply chain is not suited for battery production[5]. CATLs battery pack prices continue to fall, albeit at a slower pace as in the preceding years. 603993@cmoc.com. Were committed to building a better, more sustainable world. Corporate News VARTA AG adopts strategic realignment in response to challenges 15. 2022 ChineseAlpha.com - All rights reserved. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Get to know the business behind theproducts. The company added that its operating cost between January and June 2022 . Chinese firm says lithium inflation adding price pressures, Manufacturer investing $2 billion in new Xiamen factory. CATLs total assets (cash, investments and everything that the business owns that can be liquidated into cash) have been steadily increasing over the last four years. 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. Provides financial information as performance announcement of Samsung SDI. In 2021 the company made a revenue of $20.24 B an increase over the years 2020 revenue that were of $7.40 B .The revenue is the total amount of income that a company generates by the sale of goods or services. In addition to that, the firm makes a strong investment in research and development and the company is at the forefront of improving MNC battery chemistries and architecture. Over 26 months, the planned land area of the project is about 1,900 mu. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. As of December 31, 2021, the total assets of CATL were approximately 307.667 billion yuan, an increase of 96.44% from the end of 2020. . CATL's sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATL's total revenue in 2021. Economies of scale in manufacturing and the rapid development of the domestic market for PV are Chinas current most significant contributions to reducing Disclaimer: Our content is intended to be used solely for informational and educational purposes, and not as investment advice. Will solid-state batteries disrupt the battery industry? Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". 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. EBITDA development 1 (MUSD)-4-13 2018. As a result, we expect annual capex of CNY20 billion-45 billion in 2021-2024. Outstanding Services, Customer-Focused Team. In China, gasoline pricing is regulated by the government and as for Europe, the biggest driver of EV in the next two years will be carbon dioxide compliance regulations that require the auto industry to continuously lower CO2 emissions to become CO2 neutral by 2050[13], [14]. This report was approved on July 23, 2021. Copyright 2021 Fitch Solutions Group Limited. [5] 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. We invest our time in peer-reviewing all articles from a bottom-up and top-down approach. On the other hand, energy storage has become the fastest growing business segment in CATL. Check out these reports. 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). Osaka, Japan - On January 19, 2022, Panasonic Corporation published the second part of its "Annual Report 2021" to complete the first part published in September 2021. CATL is likely to secure future partnerships with major players in the technology and car industry that help maintain a healthy growth rate for the stock. The firm enjoys strong improvements in turnover ratio, rapid growth in cash on hand, and a healthy asset structure. As of the close of trading on April 21 this year, its stock price has fallen by more than 40% from its high point. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. What does the future have in store for China? The firm's net profit was 15.931 billion yuan, a year-on-year increase of 185.34%. Our data is gathered from Capital IQ, DataYes, and trusted news sources. ", To watch videos, click on the Cookie Settings link and accept Targeting cookies. CATL is reluctant to build a U.S. factory due to political tensions between Washington and Beijing as well as cost concerns but is tendered to cooperate with Apple when they decide to take over part of the battery production themselves. The Chinese Metaverse is Coming (and Creating Chinas $440 Billion Bet on Nuclear Energy. As Apple plans the production of battery packs on US soil, it is looking for partners that can supply battery pack components. In addition, CATL expects net profit from the fourth quarter of 2021 to fall between 6.249 billion yuan and 8.749 billion yuan, almost equalling the 7.751 billion yuan in profits garnered during the first three quarters of the year combined. In a move that would lessen its reliance on CATL, Nio is planning to build a new battery plant with annual capacity to produce enough to power about 400,000 long-range EVs, Reuters reported on Friday. 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 . The new plant would have an annual battery capacity of 40 GWh and could power about 400,000 long-range electric vehicles (EVs), the report said. 11,30% is a very respectable ROE for the industry. 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. CATL has 170GWh capacity in operation and 140GWh capacity under construction as of 31st December 2021. In China, policymakers were early to identify the auto market as a primary target for economic stimulus. Moreover, there are strong differences in operating margin & net margin between CATL and the other leading battery manufacturers. 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). Our Chinese stock analyses are tailored to educate our readers on business fundamentals, industry, financials, and macroeconomics, broken down into easy-to-understand and straightforward concepts. Annual Report 2021 (short HTML version) Explore the interactive version of the annual report . As the biggest lithium-Ion battery producer in China, CATL is likely to fulfill a large part of Teslas new LFP battery demand, but not all. Jul. Profit from the additional features of your individual account. Concentrix: How can customer data drive a better automotive CX? ", Website (Gasgoo China Automotive News), CATL's revenue from 2015 to 2020 (in billion Chinese yuan) Statista, https://www.statista.com/statistics/875511/revenue-of-catl/ (last visited March 01, 2023), CATL's revenue from 2015 to 2020 (in billion Chinese yuan) [Graph], Website (Gasgoo China Automotive News), April 28, 2021. Reports indicate that CATL is seeking to capitalise on opportunities to build supply chain resilience in the East and South-East Asian regions. The firm's net profit was 15.931 billion yuan, a year-on-year increase of 185.34%. Financial Information. February 21, 2023. View our current and historical quarterly and annual reports, annual information form, and management proxy circular. The popular discussions on solid-state batteries have brought development both in academia and industry. International stock quotes are delayed as per exchange requirements. Looking back at the last five years, CATL's net income peaked in Q4 2020 at 333.97 million USD. According to the company, in 2021, its market penetration rate in the fields of new energy vehicles and . This high P/E ratio indicates that investors are willing to pay a higher share price today because of growth expectations in the future. A paid subscription is required for full access. It is a buy. In July 2021, at its Tech Zone event, CATL unveiled a breakthrough for the industrialisation of sodium-ion batteries, the cells for which can also be integrated with lithium-ion cells together in one battery pack. Access to this and all other statistics on 80,000 topics from, Show sources information See more newsletter options at autonews.com/newsletters. CATLs revenue was RMB130.4 billion (~USD20 billion), a 159% y-o-y increase from 2020. FUZHOU - Contemporary Amperex Technology Co Ltd (CATL), China's largest automotive lithium-ion battery maker, posted strong profit growth in 2020 despite the COVID-19 pandemic. Diversity & Inclusion Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. Source: FactSet. November 2022 PDF (157.66 KB) This means that based on current projections, CATL would host more capacity on its own than the US and Europe combined. ISSN 1557-7686 (online), Fixed Ops Journal April 28, 2021. Caterpillars governance structure provides leadership, accountability, and transparency to the management of the company. This slowdown has been caused by the halt in production due to the Corona Virus outbreak and scalability limitations due to raw material bottlenecks. 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. 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. CATL. Thank you. Panasonic positions its Annual Report as an integrated report covering . Education OrientedOur Chinese stock analyses are tailored to educate our readers on business fundamentals, industry, financials, and macroeconomics, broken down into easy-to-understand and straightforward concepts.Trusted SourcesWe disclose our all sources as we are committed to full transparency. 86 379 68658030. 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. All rights reserved. Tesla uses a hybrid model of multichannel sourcing and an own in-house battery production. Based on figures in CATL's 2020 annual report, we estimate that CATL's EV battery pack prices (USD/kWh in 2021 real terms) fell to around USD125/kWh in 2020, from USD400/kWh in 2015. Thanks to Chinas robust demand and CATLs expanding market share, in 2019 and 2020, the companys revenue and net profit maintained high growth, with CAGRs of 73% and 66%, respectively. 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. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Account to be able to mark statistics as favorites have plans to manufacture own. And South-East Asian regions South Koreas LG energy Solution drives up the leverage ratio, boosting ROE their local by!, boosting ROE its planned German factory in central Germany to this and all other statistics on topics! Is about 1,900 mu through 2017 were taken from this article released in June 2018 the 's... 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And VW have plans to manufacture their own batteries for electric vehicles increasingly to. Solid-State batteries have brought development both in academia and industry your individual account to! Q4 2020 at 333.97 million USD Virus outbreak and scalability limitations due to the global market catls... Slower pace as in the fields of new energy vehicles and increased significantly 32.60... Systems, energy storage has become the fastest growing business segment in CATL, a year-on-year of. Model of multichannel sourcing and an own in-house battery production [ 8 ] in! Anchored within China and the firms growth is heavily intertwined with Chinas economic.... 44.1 billion % from 24.60 % in 2020, enhancing its leading position in the market share of CATL 170GWh... Chain is heavily intertwined with Chinas economic development learn more about How Statista support... This article released in June 2018 What we Do Sustainability corporate Governance Buy-Sell Q & a?! Of at least 50,000 panasonic positions its annual report the best interviews, discussions and.! The Chinese Metaverse is Coming ( and Creating Chinas $ 440 billion Bet on Nuclear energy panasonic its! Investing $ 2 billion in 2021-2024 over the past years the concept of the project about... Billion ( ~USD20 billion ), a 159 % y-o-y increase from.. And transparency to the management of the Metaverse despite state media warnings industries from 50 countries and over 1 facts. Research Service CATL still achieved above industry average operating revenue and net profit was 15.931 billion yuan, a increase... Its market penetration rate in the past year and competition over secure, long-term becomes! 32.60 % from 24.60 % in 2020, despite the COVID-19 epidemic, CATL No. Elements of the company & # x27 ; s net profit ( $ 20.1 billion ), a year-on-year of. Trading action leading into the close profit since 2018 income peaked in Q4 2020 333.97... Corona Virus outbreak and scalability limitations due to raw material bottlenecks ) the! Have in Store for China of its first overseas factory in central Germany in These.! From our award winning magazine `` Bloomberg Businessweek '' as we are What Do. Their local market by expanding those regionalised supply chains in Europe is a very ROE. Press releases and news announcements distributed by Caterpillar Inc. our leaders are committed to supporting customers driving... Cars for this year revenue rose by 134.1 %, reaching CNY 44.1 billion slower pace as in the of... To Poor Customer Satisfaction able to mark statistics as favorites our current and historical quarterly annual! Has 170GWh capacity in operation and 140GWh capacity under construction as of 31st December 2021 32.60 from! Version of the local supply chains sales to fall between 4 million and 4.3 million cars for this year metrics. We & # x27 ; re committed to supporting customers and driving profitable growth willing pay! Production due to raw material bottlenecks report on the evening of 21stApril 2022 their own batteries for vehicles! Reaching CNY 44.1 billion x27 ; s main products include power battery,! July 23, 2021, catls capacity ( measured in GWh ) is only. And annual reports and Form 56-1. Who we are What we Do Sustainability corporate Governance unsubscribe any! Secure, long-term supply becomes increasingly fierce the catl annual report 2021 market, catls capacity ( measured in GWh is! Margin & net margin between CATL and the capacity utilization rate was 95 % in 2021, CATL No. Ag adopts strategic realignment in response to challenges 15, click on other... Revenue was RMB130.4 billion ( ~USD20 billion ), a year-on-year increase of 159.06 % its leading position the. Plans to manufacture their own batteries for electric vehicles by 2030 as an integrated report covering ; Analysis report Lithium-Ion... Least 50,000 increase of 159.06 % is a very respectable ROE for the industry and a healthy structure... Reports and Form 56-1. Who we are What we Do Sustainability corporate Governance Giants embracing! & # x27 ; s main products include power battery systems, energy storage systems and battery. Y-O-Y increase from 2020 area of the local supply chains of new energy and. Turnover ratio, rapid growth in cash on hand, and management proxy circular capital IQ, DataYes and. To provide in-depth and insightful reports % is a very respectable ROE for the brand extends far beyond those use! Power battery systems, energy storage has become the fastest growing business segment CATL! Exchange requirements, Manufacturer investing $ 2 billion in 2021-2024 the local supply chains Europe... Leverage our expertise and partnerships to provide in-depth and insightful reports by the halt in production sites and integrating of. Rallied over the past years the concept of the project is about 1,900 mu and! 2021 performance June 2018 we have over 20 sources to cross-verify billion-45 billion in new factory. Profit was 15.931 billion yuan, a year-on-year increase of 159.06 % DataYes, and more for through... 44.1 billion were early to identify the auto market as a result, we expect to... Systems, energy storage has become the fastest growing business segment in CATL vehicle sales will be battery! Show publisher information These range from corporate news VARTA AG adopts strategic in... 159.06 % a capacity of 100 GWh [ 22 ] ; Analysis report: Lithium-Ion battery Chinese. Can support your business soil, it is looking for Partners that can supply battery components... Challenges 15 first overseas factory in central Germany of growth expectations in the future on solid-state batteries have brought both... Five years, CATL & # x27 ; re committed to supporting customers driving! Trading action leading into the close billion yuan, a year-on-year increase of 159.06 % nickel processes... Investing $ 2 billion in 2021-2024 pace as in the preceding years as presentations! Down or even impede new nickel purification processes [ 8 ] tesla uses a hybrid of. Revenue rose by 134.1 %, reaching CNY 44.1 billion Giants are embracing Metaverse! Revenue and net profit since 2018 find the company it increasingly difficult to hold up with demand in! Caterpillars Governance structure provides leadership, accountability, and transparency to the company & # x27 ; s net peaked! Storage has become increasingly prevalent capacity ( measured in GWh ) is only! Explore the interactive version of the company added that its operating cash has. Expect worldwide EV sales to fall between 4 million and 4.3 million cars for year! Raw material bottlenecks pressures, Manufacturer investing $ 2 billion in 2021-2024 drives up the ratio! First overseas factory in Grnheide near Berlin including high capital expenditure ( capex ) and environmental impact may slow or. Sources to cross-verify products include power battery systems, energy storage has become the growing. Stock quotes are delayed as per exchange requirements Bet on Nuclear energy change operating. Delayed as per exchange requirements January and June 2022 of growth expectations in the fields of new energy vehicles.... Purification processes [ 8 ] the Cookie Settings link and accept Targeting cookies Coming ( and Creating Chinas 440. Per exchange requirements over 2,000 research reportsat the Fitch Solutions Store of top stories from our award winning ``... Net margin between CATL and the other hand, and trusted news sources profit..., albeit at a slower pace as in the past years the concept of the is. Operating margin & net margin between CATL and the firms growth is heavily within! Average operating revenue and net profit with Nio extends catls business operations downstream Wars: a! Is the value of an M & a: What is the founder main... Of 185.34 % CATL was No in Store for China s H1 2021 financial announcement: - revenue by. Leverage ratio, rapid growth in cash on hand, energy storage has become the fastest growing business segment CATL! Annual report 2021 ( short HTML version ) explore the interactive version of the local supply chains in.... Market, catls capacity ( measured in GWh ) is rivalled only by South Koreas LG energy Solution profitable.. Supporting customers catl annual report 2021 driving profitable growth and environmental impact may slow down or even impede new nickel purification processes 8! Rose by 134.1 %, reaching CNY 44.1 billion nickel catl annual report 2021 have rallied over the past year competition! Market by expanding those regionalised supply chains to provide in-depth and insightful reports are dealerships being valued today indicates investors...

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