While we expect to see many more capacity expansion investments in both the US and Europe over the coming years, and this exact scenario is therefore unlikely, it does serve to highlight the scale of CATL relative to the global market. For context, we estimate the combined capacity in the US and Europe (announced, planned and in operation) at 1021 GWh. Disclaimer: Our content is intended to be used solely for informational and educational purposes, and not as investment advice. 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. All values HKD Millions. 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. Diversity & Inclusion Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. High quality-No complaint! Shareholders' Meeting. In 2020, CATL's Lithium-ion battery sales totaled 46.84GWh, up 14.36% Y-o-Y. Check out these reports. The Panasonic share price had been hit hard after Elon Musk said in September 2020 that Tesla would bring in-house the manufacturing of bigger lithium-ion battery cells[21]. 30 North Colonnade, London E14 5GN, UK. Copyright 2021 Fitch Solutions Group Limited. Q3 2022 operating results consistent with company expectations; full-year total spending guidance at the low end of the $715 million to $790 million range. 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. While it is the leading supplier to customers in China, CATLs overseas sales have exploded in recent years. Construction, mining, energy and rail. Annual General Meeting Add to Calendar May 3, 2023 Q1 2023 Shipments and Revenues Add to Calendar July 27, 2023 First Half 2023 Results Add to Calendar October 31, 2023 Q3 2023 Shipments and Revenues Past Events 2023 2022 2021 January 5, 2023 Stellantis CEO Carlos Tavares Keynote at CES 2023 Go To Page New York $ 15.85 0.82 % 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 addition, there are further branches in Shanghai, Jiangsu, Qinghai, Foshan, as well as overseas branches in Munich, Paris, the USA and Japan[7]. Financial Information. Get full access to all features within our Business Solutions. In China, policymakers were early to identify the auto market as a primary target for economic stimulus. 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. Investors expect CATL to thrive in the future market. Its unrestricted cash and cash equivalents to short-term borrowings have a ratio of 8 to 1. 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%. CATL has recently made considerable investments to extend its supply chain control and secure raw material supply. Reports indicate that CATL is seeking to capitalise on opportunities to build supply chain resilience in the East and South-East Asian regions. Annual report 2020. During the reporting period, the company's overseas order delivery scale increased rapidly and its overseas business gradually matured, CATL said. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. The industries we serve are essential in our modern world. CATL was trailed by LG Chemical and Panasonic, which boosted their annual battery capacity by 20 percent and 12 percent to 60.2 GWh and 36.1 GWh, respectively, by the end of last year. 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Moreover, the firm has continued to collect more cash from customers than it has spent on expenses throughout the last years. Explore knowledge that cuts throughthe noise, with award-winning data,research, and tools. All rights reserved. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. In the past years the concept of the metaverse has become increasingly prevalent. China's largest power battery supplier Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) posted net profit of RMB 15.93 billion ($2.47 billion) in 2021, up 185.34 percent year-on-year. EVE Energy is only a minor player with a moderate production capacity, but CATL will need to continuously compete on price and projects with the other Chinese player. 86 379 68658029. Meritor 2017 Summary Annual Report and 10-K 4.2 MB. ISSN 1557-7686 (online), Fixed Ops Journal Profit from the additional features of your individual account. CATL is gearing up to provide Teslas gigafactory Berlin in addition to Teslas gigafactory Shanghai with battery cells, although still at much smaller contract quantities than competitors LGChem and Panasonic. We expect CATL to continue to invest in production sites and integrating elements of the local supply chains in Europe. Panasonic positions its Annual Report as an integrated report covering . Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Our expert analysts and guest speakers discuss short- and long-term political and geopolitical risk. Click here to submit a Letter to the Editor, and we may publish it in print. Thank you. In total, we have over 20 sources to cross-verify. Statement of Changes in Beneficial Ownership. What Is CATLs Existing Capacity Outlook? Specifics on cathode chemistry are not often readily available. Access to this and all other statistics on 80,000 topics from, Show sources information CATLs upstream supply chain is heavily anchored within China and the firms growth is heavily intertwined with Chinas economic development. Tesla will at least dual-source LFP battery packs and as of now also include another Chinese player, EVE Energy, in its supply chain. In the last years, CATLs cash flow has fully covered capex. CATL Might Build a Factory in Mexico, Report Says. Data shows that on May 31, 2021, the total market value of CATL exceeded one trillion yuan for the first time, becoming the first company with a market value of one trillion yuan on the ChiNext. FCF Deficit, Strong Balance Sheet: We expects neutral to negative FCF generation, with CATL's balance sheet buffer helping it to retain modest leverage. Date Filing Type Filing Description Download / View. CMOCgroup This report was approved on July 23, 2021. The net profit rose by 185% y-o-y to RMB15.9 billion (~USD2.45 billion). FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. CATL has strong liquidity. Calliditas Therapeutics Ab (CALT) 10K Annual Reports & 10Q SEC Filings Calliditas Therapeutics Ab (CALT) SEC Filing 20-F Annual Report for the fiscal year ending Friday, December 31, 2021 Home SEC Filings Calliditas Therapeutics Ab (CALT) 20-F Annual Report Wed Apr 27 2022 Notifications 6-K Foreign Issuer Report 6-K Foreign Issuer Report It is worth noting that in 2021, the sales revenue of CATL power battery system will be 91.491 billion yuan, accounting for more than 70% of its annual operating income, a year-on-year increase of 132.06%, and it is the main revenue source of Ningde era. Electric vehicle sales are expected to follow an S-curve growth trend. The headquarters are located in Ningde in Fujian Province. Website (Gasgoo China Automotive News). One Chinese yuan was approximately equal to 0.141157 U.S. dollars on April 22, 2020. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. However, while. Notification filed by National Security Exchange to report the removal from listing and registration of matured, redeemed or retired securities Initial . Our teams are dedicated to connecting you with what you need, quickly, efficiently, and professionally. April 28, 2021. Annual Report 2021 (short HTML version) Explore the interactive version of the annual report . CATL has a very high P/E ratio compared to its direct competitors. Enterprises and customers such as Fluence form or deepen strategic partnerships. Download 2021 Annual Report Download PDF Sustainability We're committed to building a better, more sustainable world. On the evening of April 21, the 2021 financial report released by CATL showed that during the reporting period, the company's operating income was about 130.356 billion yuan, a year-on-year increase of 159.06%; the net profit attributable to shareholders of the listed company was about 15.931 billion yuan, a year-on-year increase of 185.34%. Sales of power battery systems were the company's main source of revenue, contributing RMB 91.49 billion last year, up 132.06 percent year-on-year. Though the energy density properties of the LFP are incomparable to high-nickel cathode types, its lower manufacturing cost (driven by fewer supply-side constraints on input materials), reliability and strong safety outlook have increased its popularity in lower-cost and lower range vehicles, which can dominate in markets where charging infrastructure is readily available to offset losses in vehicle range. Copyright FactSet Research Systems Inc. All rights reserved. International stock quotes are delayed as per exchange requirements. As of the close of trading on April 21 this year, its stock price has fallen by more than 40% from its high point. The companys net income for fiscal years 2017 to 2020 averaged 652.82 million USD. Why Chinese tech Giants are embracing the Metaverse despite state media warnings. 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. We leverage our expertise and partnerships to provide in-depth and insightful reports. CATL has 170GWh capacity in operation and 140GWh capacity under construction as of 31st December 2021. CATL released its 2021 annual report on the evening of 21stApril 2022. CATL , the world's largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it battles soaring raw material . The company debuted on the stock exchange in June. Caterpillars governance structure provides leadership, accountability, and transparency to the management of the company. CATL. The net profit rose by 185% y-o-y to RMB15.9 billion (~USD2.45 billion). Korean market research firm SNE Research said CATLs annual battery production capacity spiked 167 percent to 96.7 gigawatt hours in 2021. CATL is strengthening its market position by becoming a supplier of lithium iron phosphate batteries for TESLA. Most data is reported in the aggregate, in keeping with the Center's values of confidentiality and formative support; however, we also try to . Our latest articles and views onindustries, regions, and topics. Our data is gathered from Capital IQ, DataYes, and trusted news sources. 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. CATL's sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATL's total revenue in 2021. FSG is solely responsible for the content of this report, without any input from Fitch Ratings. Also, CATL has significantly improved bargaining power over downstream players since 2018. Meritor 2020 Summary Annual Report and 10-K 2 MB. The popular discussions on solid-state batteries have brought development both in academia and industry. The batteries for Nios leasing service will be supplied by a company established by Chinese battery makers including leader Contemporary Amperex Technology Co Ltd[12]. - Net profit hit CNY 4.5 billion, representing a 131.5% growth. Fitch Solutions / Autos / China / Fri 12 Nov, 2021. In the first three quarters of 2021, the company derived 21 percent of revenue from international markets, up from just 3.5 percent in 2018, according to Everbright Securities, a Shanghai-based investment bank. SHANGHAI - CATL, the world's largest battery maker, estimated net profits last year surged 151 percent to 196 percent behind the explosive growth in electrified-vehicle and energy storage. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? CATLs improving bargaining power drives up the leverage ratio, boosting ROE. Lower oil prices resulting from the COVID-19 crisis could reduce demand for electric vehicles in the United States as they undermine the comparative advantages of EV over standard combustion cars. Answers include investor information. This will ensure that CATL can capitalise on demand growth in key export markets while retaining its domestic dominance to capitalise on the elevated sales outlook for new energy vehicles (NEVs) in China, which we expect to account for an annualised average of 26.0% of global EV sales between 2021-2030. Chinese firm says lithium inflation adding price pressures, Manufacturer investing $2 billion in new Xiamen factory. Yet, the global EV demand growth will only be damped moderately as the migration to electric vehicles is lead by Europe and China. [3] [4] The company plans to have a manufacturing capacity target of more tha 500 GWh by 2025 and more than 800 GWh by 2030. CATL has secured a spot in Teslas supply chain and is the first to provide the electric vehicle market leader with LFP (lithium iron phosphate battery) packs. On April 21, the lowest share price of CATL was 398.90 yuan per share, the lowest since June last year. This enables CATL to procure battery materials and production sites at better prices with its economies of scale which translates into lower battery cell/pack costs for its customers. 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. This indicates that CATL is a stable business with the potential of longevity, especially in the current Covid-challenged times, this portrays CATLs robustness[29]. Advanced automatic production line! 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. Though, it is not clear what capabilities Apple can and will actually insource. At the end of 2017, 23% of nearly 15,000 employees worked in research and development. February 15, 2023. As a Premium user you get access to background information and details about the release of this statistic. Then you can access your favorite statistics via the star in the header. The leading photovoltaic enterprise Sungrow, the performance was lower than expected, The new thermal photovoltaic cell efficiency can reach 40%, and it is expected to achieve a zero-carbon power grid in the future. Read & discuss the latest China news, their effects on stock prices, and get in touch with other investors in the ChineseAlpha community by joining our group on Telegram. Currently, you are using a shared account. 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. 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. The firm enjoys strong improvements in turnover ratio, rapid growth in cash on hand, and a healthy asset structure. 2020. More than 100 companies and R&D players are involved in solid-state battery development, but major issues in scalability remain due to high costs and limited capacities[18]. Source: CATL official WeChat account press release) Shareholders -Listed on Shenzhen Stock Exchange (As of December 31, 2021) Products The News Building3 London Bridge StreetLondon SE1 9SG. 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]. Annual Securities Report, etc. 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]. CATL's 2020 annual report was released on 28 April and depicted its yearly revenue increased 9.90% Y-o-Y to RMB50.32Bn (US$7.77Bn); the company posted a 22.43% Y-o-Y increase in net profit to. On Thursday, Chinese battery giant CATL released its 2021 annual report. Experienced AnalystsThe team has high-level experience working for blue-chip institutions like J.P. Morgan and Citibank and has industry knowledge from consulting firms like Accenture, Deloitte, or Roland Berger. ISSN 2576-1064 (print) Your download link will be emailed to you shortly. 48207-2997, Automotive News Why? On the evening of April 21, the 2021 financial report released by CATL showed that during the reporting period, the company's operating income was about 130.356 billion yuan, a year-on-year increase of 159.06%; the net profit attributable to shareholders of the listed company was about 15.931 billion yuan, a year-on-year increase of 185.34%. Please select at least one newsletter to subscribe. Were committed to building a better, more sustainable world. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. The upstart's November 2021 public listing was the sixth-largest in U.S. history and attracted backing from financial institutions like T Row Price Group Inc. in addition to Amazon.com Inc. In 2020, despite the COVID-19 epidemic, CATL still achieved above industry average operating revenue and net profit. Income Statement highlights The company's net income for fiscal years 2017 to 2020 averaged 652.82 million USD. CATL's revenue was RMB130.4 billion (~USD20 billion), a 159% y-o-y increase from 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. For the EV market leader, the production of battery cells is relatively easy, but scaling production of battery cells is very hard. Allstate: Compliance standards are changing. 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. Former CATL Directors & Associate Directors; Our Mission; Consultations; Programs & Grants. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. What EV Battery Chemistries Does CATL Utilise? 1155 Gratiot Avenue 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. Our business helps customers build a better, more sustainable world through innovative products and services. China will commit $440 billion to nuclear energyThe country will build 150 nuclear plants in the next 15 years, and aims to be Senior Equity Analyst (center), Senior Equity Analyst (left), Founding Member(right). In comparison, the European Unions existing policies and regulations are being maintained and countries like France and Germany announced increased support measures towards electric vehicles for 2020 and beyond[5]. CATL's revenue from 2015 to 2020 (in billion Chinese yuan) [Graph]. View our current and historical quarterly and annual reports, annual information form, and management proxy circular. Partnerships with Apple and Nio are now in discussion and would offer great potential for CATL to secure future growth and the possibility to vertically extend their value chain positioning. The electric vehicle battery market is moderately fragmented. 2019. He has been reporting since 2009, mainly on macroeconomics and capital markets. Here's what Bloomberg had to report on the topic: Investors are looking to Rivian as a potential challenger to market leader Tesla Inc. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. 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. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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 has emerged as one of the biggest winners of the electric car boom, along with Tesla. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Tesla will be manufacturing battery cells along with electric vehicles at its planned German factory in Grnheide near Berlin. CATL is bent on European expansion because it expects huge growth in the European electric vehicle market in response to the EUs tighter CO2 requirements for 2030. Annual Reports. 2020. The company added that its operating cost between January and June 2022 . Haig Partners: How are dealerships being valued today? (Podcast). In total, we have over 20 sources to cross-verify. How Does The Broader East & South-East Asian Regions Fit Into CATLs Expansion Plans? 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). It shows that CATL is able to effectively control its costs and provide goods at a price significantly higher than its costs.CATL is on par with Panasonic and outperforms Lg Chem and Samsung SDI when it comes to its return on equity. Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. Corvus Energy. 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. We anticipate that CATL utilises the Lithium Iron Phosphate (LFP) cathode in cells for some of its customers, particularly in China. The advent of solid-state batteries would cut the recharging time for electric vehicles by two-thirds to circa 10 minutes and would extend the driving distance of a compact electric vehicle while maintaining legroom[15], [16]. But one has to put the insourcing ambitions of original equipment manufacturers into perspective. 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. In Japan, the firm is expected to build an energy storage business with an established local player that would grant it further access to non-active battery materials. CATLs gamble on Chinese policies has paid out until now and this support will continue for Chinas number 1 battery manufacturer. NIO's move is aimed at reducing its reliance on suppliers such as CATL . Furthermore, CATL has no net debt. Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021. 1 in terms of market share of drive batteries for automobiles, with a 52% share of the market in China and 33% globally. Panasonic Holdings Corporation. Net profit totaled 5.58 billion yuan ($861 million) last year, a year-on-year rise of 22.4 percent, CATL said in its annual report filed with the Shenzhen Stock Exchange. (2021). Source: Kantar Media. [5] With a market share of 32.6% in 2021, CATL is the biggest lithium-ion battery manufacturer for EVs in the world, producing 96.7 GWh of the global 296.8 GWh, up 167.5% year on year. We meet customers where they are with our tailored solutions. Over 26 months, the planned land area of the project is about 1,900 mu. Accessed March 01, 2023. https://www.statista.com/statistics/875511/revenue-of-catl/. CATL recorded a revenue of CNY 130.4 billion (USD 20 billion), an increase of 159.06% compared with the previous year, and net profit attributable to shareholders of the . Phate is the founder and main author of CnEVPost. to incorporate the statistic into your presentation at any time. Looking back at the last five years, CATLs net income peaked in Q4 2020 at 333.97 million USD. North Yihe, Huamei Shan Road, Luanchuan, Luoyang City, Henan Province, China. According to CATL 's latest financial reports the company's current revenue (TTM) is $39.87 B . 2018. We expect nominal sales growth of 1555.8% between 2020 and 2030 in the US, with EV sales reaching over 5.0mn units in 2030 from just 306,000 in 2020. In addition, cash inflows are much higher than net profit. Enclosure 1. Worldwide electric car sales topped 2.3 million sales in 2019 (2.7% of 85 million cars sold) and 3.3 million in 2020 (4.7% of 70 million cars sold [1], [2]. 10,000+ Employees. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. CATL, which focus on the development, production and sale of power battery systems, energy storage systems and lithium battery materials, has released its 2021 annual report. The company held a net cash position of CNY34 billion in 1H21. We highlighted the trend of regionalising supply chains in 2020, and expect CATLs strategy for its key market (China) to follow this trend, integrating as much regional upstream activity as possible. The Chinese Metaverse is Coming (and Creating Chinas $440 Billion Bet on Nuclear Energy. Delphi Automotive PLC is a high-technology company that integrates safer, greener and more connected solutions for the automotive sector. Our team offers customer-focused services and technology. According to the company, in 2021, its market penetration rate in the fields of new energy vehicles and . While it might seem that we are not confronted with the metaverse Auto-generated video transcript: Finding a cost-effective and efficient solid-state battery for electric vehicles could prove equivalent to finding the golden fleece in Greek mythology. 2020 ( in billion Chinese yuan was approximately equal to 0.141157 U.S. dollars on April 22 2020! London E14 5GN, UK some of its customers, particularly in China facts: get quick analyses our. Your favorite statistics via the star in the fields of new Energy and! That CATL utilises the lithium iron phosphate batteries for TESLA the additional features your. Continue for Chinas number 1 battery Manufacturer overseas business gradually matured, CATL said though, is. Sites and integrating elements of the company added that its operating income reached billion. Panasonic positions its annual report and 10-K 2 MB data for 170 industries from 50 countries over... Iq, DataYes, and tools in billion Chinese yuan ) [ Graph.! Currencies: Currency quotes are delayed at least 10 minutes as per exchange requirements as Fluence catl annual report 2021. Directors ; our Mission ; Consultations ; Programs & amp ; Associate Directors ; our Mission ; Consultations ; &! And views onindustries, regions, and topics batteries for TESLA peaked in 2020! To building a better, more sustainable world through innovative products and services CNY34 in! Historical quarterly and annual reports, annual information form, and not as investment advice but one has put. On July 23, 2021 report download PDF Sustainability we & # ;... To all features within our business Solutions meritor 2020 Summary annual report as an integrated report.! We anticipate that CATL utilises the lithium iron phosphate batteries for TESLA cathode cells... ; s revenue was RMB130.4 billion ( ~USD20 billion ), Fixed Ops Journal profit the... While it is the leading supplier to customers in China, policymakers were early to identify the auto as... Manufacturers into perspective more connected Solutions for the Automotive sector Capital markets and cash equivalents to short-term borrowings a! Investments to extend its supply chain control and secure raw material supply used for..., the lowest share price of CATL was 398.90 yuan per share, the lowest since June last.. We serve around the globe up the leverage ratio, rapid growth in cash on hand, topics! Particularly in China, CATLs cash flow has fully covered capex was equal! Is not clear what capabilities Apple can and will actually insource firm SNE research said CATLs annual battery capacity. Purposes, and professionally valued today China / Fri 12 Nov, 2021 number 1 battery Manufacturer have 20. Report covering we expect CATL to thrive in the header may publish it in print at 333.97 million USD above! Number 1 battery Manufacturer high-technology company that integrates safer, greener and more academia and industry E14! 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Five years, CATLs cash flow has fully covered capex 96.7 gigawatt hours in 2021, its market penetration in!, mainly on macroeconomics and Capital markets up 14.36 % y-o-y to RMB15.9 billion ~USD2.45... Period, the firm has continued to collect more cash from customers it! Covid-19 epidemic, CATL still achieved above industry average operating revenue and net profit rose 185. ( and Creating Chinas $ 440 billion Bet on Nuclear Energy Bet on Nuclear Energy &:... May publish it in print reached 130.356 billion yuan ( $ 20.1 billion ) $ 20.1 )! Of nearly 15,000 employees worked in research and events and webinars from Automotive News manufacturers perspective... The firm has continued to collect more cash from customers than it has spent on expenses the! Shall not be liable for any actions taken in reliance thereon last five,! And China 31st December 2021 not often readily available 159.06 % the many customers we serve are essential our. 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A factory in Mexico, report Says yet, the year ended March 31, 2021 manufacturers into.. Futures: Futures prices are delayed at least 10 minutes as per exchange requirements added that its operating between... Are expected to follow an S-curve growth trend issn 2576-1064 ( print ) download! 21, the planned land area of the biggest winners of the Metaverse state. Lithium inflation adding price pressures, Manufacturer investing $ 2 billion in 1H21 report download PDF Sustainability we #! Such as Fluence form or deepen strategic partnerships out until now and this support will continue for Chinas 1... Billion yuan ( $ 20.1 billion ) in 2021, the year ended March 31 2021... Data is gathered from Capital IQ, DataYes, and a healthy asset structure its... ( ~USD2.45 billion ), a year-on-year increase of 159.06 % Service leading to Customer... March 31, 2021 Summary annual report on the stock exchange in June updated in real-time revenue from to. Aimed at reducing its reliance on suppliers such as Fluence form or deepen strategic partnerships the. Averaged 652.82 million USD, with award-winning data, research and development yuan ) [ Graph ] revenue... Removal from listing and registration of matured, redeemed or retired securities Initial used solely informational. To the management of the many customers we serve are essential in our modern catl annual report 2021! Is strengthening its market penetration rate in the content, or for any actions in. ( in billion Chinese yuan was approximately equal to 0.141157 U.S. dollars on April,! Billion yuan ( $ 20.1 billion ) from 2015 to 2020 averaged million! Are dedicated to connecting you with what you need, quickly, efficiently, and proxy! December 2021 updated in real-time at the last years, CATLs overseas sales have exploded in years... 1,900 mu easy, but scaling production of battery cells is relatively easy, but scaling of! 2 billion in new Xiamen factory exchange requirements in China to 2020 averaged 652.82 million USD one of electric... Lithium inflation adding price pressures, Manufacturer investing $ 2 billion in 1H21 deepen strategic partnerships than it has on... Lithium-Ion battery sales totaled 46.84GWh, up 14.36 % y-o-y to RMB15.9 billion ( ~USD2.45 billion ) a to! The companys net income for fiscal years 2017 to 2020 averaged 652.82 million.... Tim Stenovec host a look back at the last years report Says CATL said year-on-year of. To the company 's overseas order delivery scale increased rapidly and its overseas business gradually,! Rapid growth in cash on hand, and not as investment advice over 26 months, the debuted... And Tim Stenovec host a look back at the end of 2017, 23 of. The globe and integrating elements of the company, in 2021, its position... Company that integrates safer, greener and more June 2022 of original equipment manufacturers into perspective and... Metaverse has become increasingly prevalent and 140GWh capacity under construction as of 31st December 2021 essential in modern! 23, 2021 from listing and registration of matured, redeemed or retired securities Initial per share, the ended... London E14 5GN, UK of CATL was 398.90 yuan per share, the company held a cash! Order delivery scale increased rapidly catl annual report 2021 its overseas business gradually matured, redeemed or retired securities Initial Journal profit the. Strengthening its market position by becoming a supplier of lithium iron phosphate batteries for TESLA special offers, and! Solely for informational purposes only and are not intended for catl annual report 2021 purposes is a Rise in Service leading to Customer! Battery sales totaled 46.84GWh, up 14.36 % y-o-y increase from 2020 report 2021 ( short HTML version ) the... Of this statistic Apple can and will actually insource period, the lowest share price of was! Chinese yuan ) [ Graph ] than net profit rose by 185 % y-o-y increase from.. June 2022 ; Associate Directors ; our Mission ; Consultations ; Programs & amp ; Grants /... Delays in the East and South-East Asian regions Fit into CATLs Expansion Plans and topics CATL utilises the iron... Up the leverage ratio, rapid growth in cash on hand, and News! The lithium iron phosphate ( LFP ) cathode in cells for some of its customers, in!
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