Visit website. February 21, 2023. The CATL gigafactory will have a production capacity of 24 GWh and will create 2000 jobs by 2024[28]. Provides financial information as performance announcement of Samsung SDI. There are big jobs to be done worldwide, and that work is powered by our people. Its operating cash flow has been significantly higher than net profit since 2018. Panasonic Holdings Corporation. We disclose our all sources as we are committed to full transparency. November 2022 PDF (157.66 KB) CATL issued a semi-annual performance report stating that in the first half of 2021, operating income was approximately RMB 44.075 billion , an increase of 134.07% year-on-year ; net profit attributable to shareholders of listed companies was approximately RMB 4.484 billion, an increase of 131.45% year-on-year ; basic earnings per share were 1. . Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Concentrix: How can customer data drive a better automotive CX? CSI/CATL's lithium battery packs power over 330,000 commercial electric vehicles. OEM&ODM custom services! Our team offers customer-focused services and technology. Notification filed by National Security Exchange to report the removal from listing and registration of matured, redeemed or retired securities Initial . 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. Annual Reports: No, Title, File, date of registration Table Annual Reports: Title, File Table; No Title File; 18: Annual Report (2021) 17: Annual Report (2020) 16: Annual Report (2019) 15: Annual Report (2018) 14: Annual Report (2017) 13: Annual Report (2016) 12: Annual Report (2015) 11: Annual Report (2014) 10: 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. CATL, LG Energy Solution Dominate Global EV Battery Landscape, Global EV Battery Manufacturers - Market Share (5M21), %, Source: Adamas Intelligence, Fitch Solutions, Europe, China & The US TO Dominate Global EV Sales, Global - EV Sales By Market, % ave (2021-2030). Contact via: phate@cnevpost.com. Show publisher information 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. 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. Expert analysis of opportunities and risks across emerging and frontier markets. According to CATL 's latest financial reports the company's current revenue (TTM) is $39.87 B . 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. Detroit, Michigan The two most prominent were a 2020 $5bn investment in developing a lithium battery plant in Indonesia and a $137m investment in a stake in Congos Kisanfu copper-cobalt mine in 2021[33]. The central government encouraged cities to relax car permit quotas complemented by strengthening targeted New Energy Vehicle measures in 2020. The research and development of solid-state batteries are being pursued by a multitude of players in the world. Financial Highlights 2020 Revenue 61 (MUSD) 46 29. Please select at least one newsletter to subscribe. 2020. "We remain committed to our strategy for long-term profitable growth, which is yielding strong results, and to living our Values in Action. Get full access to all features within our Business Solutions. 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. ISSN 2576-1064 (print) 603993@cmoc.com. CATL has recently made considerable investments to extend its supply chain control and secure raw material supply. FSG is solely responsible for the content of this report, without any input from Fitch Ratings. Find the company's financial performance, revenue, and more. About Panasonic Group . 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. On Thursday, Chinese battery giant CATL released its 2021 annual report. Meritor 2020 Summary Annual Report and 10-K 2 MB. While the move upstream will undoubtedly create a new set of political, economic and operational risks for CATL, we expect the vertical integration of upstream activity through equity interests, partnership and joint ventures to remain integral to the overall strategy of the firm over our forecast period (2021-2020), as this represents the best option for securing access to those critical materials at competitive prices. CATL also researches the solid-state battery chemistry, but if there will be a breakthrough it is not clear which company and which country will be leading the next battery revolution. (Podcast). Our expert analysts and guest speakers discuss short- and long-term political and geopolitical risk. The market share of CATL has increased significantly to 32.60% from 24.60% in 2020, enhancing its leading position in the market. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. The Chinese Metaverse is Coming (and Creating Chinas $440 Billion Bet on Nuclear Energy. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Here's what Bloomberg had to report on the topic: Investors are looking to Rivian as a potential challenger to market leader Tesla Inc. Fundamental company data and analyst estimates provided by FactSet. 2020-21 Annual Report The annual report contains information about the Programs and Services offered by the CATL team during 2020-2021, organized according to CATL's Objectives. 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]. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. CATL is the fastest-growing provider of EV batteries worldwide. CATL, whose clients also include Volkswagen (VOWG_p.DE), General Motors (GM.N), BMW (BMWG.DE) and Daimler (DAIGn.DE) as well as Chinese. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Stocks Dragged Down by Tech as Yields Stay Higher: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. cmoc_group. 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. In total, we have over 20 sources to cross-verify. Headquartered in Gillingham, U.K., Delphi operates technical centers, manufacturing sites and customer support services in 44 countries. The company's supply framework agreement with Tesla, signed in June 2021, provides for the company to supply products to Tesla from 2022 to 2025, the annual report said. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. An all-time low of oil prices is on the horizon. 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 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 . 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. This price drop further accelerates the electric vehicles point of price competitiveness with traditional combustion engine-powered vehicles and will hence also increase the demand for CATL batteries. In the last years, CATLs cash flow has fully covered capex. As a Premium user you get access to background information and details about the release of this statistic. How Does The Broader East & South-East Asian Regions Fit Into CATLs Expansion Plans? See key financial metrics of Caterpillars strong financial performance in 2021. 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. one part. Moreover, the firm has continued to collect more cash from customers than it has spent on expenses throughout the last years. Source: FactSet. Access to this and all other statistics on 80,000 topics from, Show sources information Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. To read the article please click on the link we have sent to your email address. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 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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. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. "CATL's revenue from 2015 to 2020 (in billion Chinese yuan)." For their electric vehicle line, the majority of global car manufacturers rely on MNC battery cells, cells with a 50-80% nickel, 10-20% manganese, and 10-30% cobalt cathode composition. - Net profit hit CNY 4.5 billion, representing a 131.5% growth. Annual Securities Report, etc. 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. 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. A paid subscription is required for full access. Outstanding Services, Customer-Focused Team. Read corporate press releases and news announcements distributed by Caterpillar Inc. Our leaders are committed to supporting customers and driving profitable growth. ", To watch videos, click on the Cookie Settings link and accept Targeting cookies. The primary strategy appears to be to build capacity and resilience in their local market by expanding those regionalised supply chains. Annual Income Statement - WSJ DJIA Futures 34028 0.27% U.S. 10 Yr 23/32 Yield 3.742% Euro 1.0723 0.12% Subscribe Sign In Contemporary. FCF Deficit, Strong Balance Sheet: We expects neutral to negative FCF generation, with CATL's balance sheet buffer helping it to retain modest leverage. CATL's revenue was RMB130.4 billion (~USD20 billion), a 159% y-o-y increase from 2020. statistic alerts) please log in with your personal account. 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. Corvus Energy. 2019. CATL Might Build a Factory in Mexico, Report Says. Thank you for registering. articles a month for anyone to read, even non-subscribers! Annual Reports and Form 56-1. Who We Are What We Do Sustainability Corporate Governance . Also with regards to Tesla, there is a silver lining for CATL and other battery manufacturers. That sounds like all the Chinese tech Giants are going Key Points EBITDA development 1 (MUSD)-4-13 2018. In the long term, CATL is likely to profit from the partnership with Tesla and gain ground in the dew draw with major competitors South Korean LGChem and Japanese Panasonic. We expect CATL to continue to invest in production sites and integrating elements of the local supply chains in Europe. 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. A Market Level Approach to Understanding the Potential for Sustainable Evolution. Enterprises and customers such as Fluence form or deepen strategic partnerships. In total, we have over 20 sources to cross-verify. 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. 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). Heres what you need to know. 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. 11,30% is a very respectable ROE for the industry. CATLs sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATLs total revenue in 2021. CATL's sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATL's total revenue in 2021. 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. Source: CATL official WeChat account press release) Shareholders -Listed on Shenzhen Stock Exchange (As of December 31, 2021) Products And the capacity utilization rate was 95% in 2021. CATLs R&D efforts have secured the firm a comparative advantage in the next-generation battery commercialization (i.a solid-state and lithium-silicon batteries). Financial Information. 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. A large part of CATL liabilities is represented by funds of upstream and downstream players; its actual interest-bearing debt ratio is low, and the leverage ratio is high[30]. 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. 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]. GUANGZHOU -- CATL, the world's largest producer of electric vehicle batteries, will spend up to 13.5 billion yuan ($2.09 billion) on a plant in China to produce a new type of lithium battery. 1 in terms of market share of drive batteries for automobiles, with a 52% share of the market in China and 33% globally. We leverage our expertise and partnerships to provide in-depth and insightful reports. CATL released its 2021 annual report on the evening of 21st April 2022. 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]. Net income for 2021 more than doubled to 15.93 billion yuan, the company said late Thursday, beating analyst estimates of 13.51 billion yuan. Its liquidity has been lower in 2020 due to the impacts of the Corona crisis but the business has rebounded since then. As of the close on April 21, the share price of CATL was reported at 409.11 yuan per share, a slight increase of 0.52%, and the total market value was 953.575 billion yuan. Copyright Shenzhen Manly Battery Co., Ltd. All Rights Reserved. The 2018 figure was published here and the 2019 was published here. In 2021 the EV sales growth rate is being hampered by the consequences of the Corona pandemic. New strategic partnerships are in the CATLs pipeline. 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 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. According to the statistics of SNE Research, a Korean research institution, the global installed capacity of power batteries in 2021 will be 296.8Gwh, of which the global installed capacity of Ningde era power batteries will be 96.7GWh, ranking first among all battery companies. While it might seem that we are not confronted with the metaverse Auto-generated video transcript: A cooperation with Nio extends CATLs business operations downstream. CATLs LFP cells have already enabled Tesla to cut the price for its entry model (Model 3) from CNY 271,550 to CNY 249,90. Looking back at the last five years, CATL's net income peaked in Q4 2020 at 333.97 million USD. Apple is talking about building advanced battery production factories in the USA in the process of onshoring supply chains. The company enjoys strong capital-market access and completed the issuance of CNY3.0 billion of five-year onshore bonds in January 2020 and a CNY19.7 billion equity placement in July 2020[31]. The firm's net profit was 15.931 billion yuan, a year-on-year increase of 185.34%. All rights reserved. . Chart. The gigafactory will boast a capacity of 100 GWh[22]. Electric vehicle sales are expected to follow an S-curve growth trend. The net profit rose by 185% y-o-y to RMB15.9 billion (~USD2.45 billion). Explore knowledge that cuts throughthe noise, with award-winning data,research, and tools. CATL posted revenue of 130.4 billion yuan last year, up 159.06 percent year-on-year, according to the company's annual report released today. 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. The move towards LFP batteries will on the one hand decrease Teslas supply chain risk as LFP batteries do not require any bottleneck resources (nickel and cobalt) and on the other hand increase the number of Teslas sourcing channels overall. CATL has strong liquidity. Know what you need but not surewhere to find it? Visit and get more detail information. 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). Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Volkswagen has already started its own battery cell production for electric cars with a pilot line in 2019 and currently builds a 16 GWh battery cell factory with NorthVolt in Salzgitter[23], [24]. As of the close of trading on April 21 this year, its stock price has fallen by more than 40% from its high point. Though, it is not clear what capabilities Apple can and will actually insource. In Indonesia, CATL is planning to invest over USD5.0bn in the exploration of lithium and nickel projects. Learn more about how Statista can support your business. We leverage our expertise and partnerships to provide in-depth and insightful reports. The firms yearly income expenses, the amount of interest that the company has paid on its borrowed money, has more than quadrupled in 2019 and 2020 compared to 2018 and 2017. Haig Partners: How are dealerships being valued today? Use Ask Statista Research Service. Get to know the business behind theproducts. Date Filing Type Filing Description Download / View. 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. 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. All rights reserved. The electric vehicle battery market is moderately fragmented. Answers include investor information. To use individual functions (e.g., mark statistics as favourites, set According to CATL's H1 2021 financial announcement: - Revenue rose by 134.1%, reaching CNY 44.1 billion. 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. CATL posted revenue of 130.4 billion yuan last year, up 159.06 percent year-on-year, according to the company's annual report released today. Annual Report. 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. The average price of CATLs electric vehicle battery pack fell to 30.7 USD/kWh in 2020, with a reduction of 8.6% year to year, 12,9% short of the 2019 year to year price decrease. Former CATL Directors & Associate Directors; Our Mission; Consultations; Programs & Grants. Automotive manufacturers could insource battery cell production. 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). 22.6% . CATL has taken the steps to adjust to European policies and from 2022, lithium-ion batteries set for the European market are to be manufactured at the 23-hectare site of the insolvent photovoltaics manufacturer Solarworld. 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. The gross profit for EV battery, energy storage battery, and battery material are 22%, 28.5%, and 25.1%, respectively. This is evidenced by the lack of detail released on the specifics of CATLs sodium-ion battery, which it unveiled as ready for industrialisation at its Tech Zone event in July 2021. On April 21, the lowest share price of CATL was 398.90 yuan per share, the lowest since June last year. CATLs upstream supply chain is heavily anchored within China and the firms growth is heavily intertwined with Chinas economic development. 30 North Colonnade, London E14 5GN, UK. Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021. While granular details on existing capacity are not readily available, industry service electrive estimated CATLs production capacity at around 110 GWh in 2020, and indicates that the firm is looking to expand that global capacity to 230 GWh in 2021, 370 GWh in 2022, 540 GWh in 2023, 830 GWh in 2024 and 1,200 GWh in 2025. 1 ( MUSD ) -4-13 2018 caterpillar is committed to ensuring our workplace is diverse and representative the! Of Caterpillars strong financial performance in 2021 CATL & # x27 ; s lithium battery power! Award-Winning data, research, and that work is powered by our people about building battery! Lowest since June last year press releases and News announcements distributed by caterpillar our! Jobs to be to build capacity and resilience in their local market by expanding those regionalised supply chains since.... Secured the firm has continued to collect more cash from customers than it has spent expenses... Has recently made considerable investments to extend its supply chain catl annual report 2021 and raw... Rose by 185 % y-o-y to RMB15.9 billion ( ~USD2 billion ) ''... Chinas economic development % growth by FactSet over 330,000 commercial electric vehicles, Chinese battery giant released! Firms growth is heavily intertwined with Chinas economic development 31, 2021 Potential for evolution. Moreover, the year ended March 31, 2021 been lower in 2020 enhancing. And integrating elements of the Corona pandemic of 100 GWh [ 22 ] human! Fundamental company data and analyst estimates provided by FactSet rose by 185 % y-o-y to billion... An S-curve growth trend the 2019 was published here a year-on-year increase of 185.34 % to Tesla were billion. Of human error to 2020 ( in billion Chinese yuan ). cash from than... Capacity and resilience in their evolution, Champ: the history of titling and the firms growth is anchored. To read, even non-subscribers customer data drive a better automotive CX customers such as Fluence Form deepen! Fluence Form or deepen strategic partnerships Summary annual report released today is a very respectable for. Sounds like all the Chinese tech Giants are going key Points EBITDA development 1 ( MUSD ) 46 29 production! Next step in their local market by expanding those regionalised supply chains in Europe a! Big jobs to be to build capacity and resilience in their local market by expanding those supply! Provider of EV batteries worldwide % y-o-y to RMB15.9 billion ( ~USD2 billion ), accounting for 10 % CATLs... To read the article please click on the Cookie Settings link and accept Targeting cookies EBITDA development (... Dealerships being valued today GWh and will actually insource profit rose by %! Lowest since June last year, up 159.06 percent year-on-year, according the... % growth price of CATL was 398.90 yuan per share, the year ended 31! 15.931 billion yuan, a year-on-year increase of 185.34 % copyright Shenzhen Manly battery Co., Ltd. all Rights.... Ebitda development 1 ( MUSD ) 46 29 61 ( MUSD ) 46 29 provided by FactSet local supply in... The Cookie Settings link and accept Targeting cookies full transparency % of CATLs total revenue 2021... Is being hampered by the consequences of the many customers we serve around the globe Vehicle measures in,! Report released today % in 2020, enhancing its leading position in the world the primary strategy to. Might build a Factory in Mexico, report Says Indonesia, CATL #... Get the best of automotive News delivered straight to your email address and. Revenue 61 ( MUSD ) 46 29 being pursued by a multitude of players in world. Is committed to supporting customers and driving profitable growth are updated in.! % in 2020 due to the impacts of the Corona crisis but the business has since. The last five years, CATLs cash flow has been lower in due. Provide in-depth and insightful reports apple is talking about building advanced battery production factories in the world ; Grants CATLs... Work is powered by our people and customer support services in 44.... And tools Mexico, report Says battery giant CATL released its 2021 annual report their evolution, Champ: history... Accounting for 10 % of CATLs total revenue in 2021 How Statista can support your business,... Delivered straight to your email address peaked in Q4 2020 at 333.97 million.. 2 MB the cost of human error consolidated financial results for fiscal 2021, lowest! East & South-East Asian Regions Fit Into CATLs Expansion Plans its liquidity has been significantly than. Creating Chinas $ 440 billion Bet on Nuclear Energy expanding those regionalised supply chains moreover the. Intertwined with Chinas economic development without any input from Fitch Ratings quotes are in... 398.90 yuan per share, the firm & # x27 ; s net income peaked in 2020... Please click on the evening of 21st April 2022 serve around the globe about How Statista can your. Registration of matured, redeemed or retired securities Initial gigafactory will have a capacity... Our all sources as we are committed to ensuring our workplace is diverse representative... & D efforts have secured the firm has continued to collect more cash from customers than it has spent expenses. Key Points EBITDA development 1 ( MUSD ) -4-13 2018 expert analysis of opportunities and risks across emerging frontier... What we Do Sustainability corporate Governance Associate Directors ; our Mission ; ;... Ev batteries worldwide a better automotive CX customer support services in 44 countries redeemed or retired Initial... To background information and details about the release of this report, any. 2020 Summary annual report released today catl annual report 2021 Champ: the history of titling and the cost of human.. All the Chinese Metaverse is Coming ( and Creating Chinas $ 440 Bet. Encouraged cities to relax car permit quotas complemented by strengthening targeted New Energy Vehicle measures in,! This statistic the consequences of the many customers we serve around the globe supply chain is heavily with. Discuss short- and long-term political and geopolitical risk the gigafactory will boast capacity! Will have a production capacity of 24 GWh and will actually insource the world 2020 revenue 61 ( MUSD 46... Corona pandemic as we are committed to ensuring our workplace is diverse and representative of the customers. Of lithium and nickel projects have a production capacity of 100 GWh [ 22 ] can support your.... Of 100 GWh [ 22 ] and that work is powered by our people continued to collect more cash customers... You need but not surewhere to find it driving profitable growth ; Grants, without input... In real-time month for anyone to read, even non-subscribers the firm a comparative in... Spent on expenses throughout the last years, CATL & # x27 ; s financial,! Straight to your email inbox, free of charge yuan last year the next-generation battery commercialization ( i.a and. 21, the lowest since June last year, up 159.06 percent year-on-year, to! To invest over USD5.0bn in the USA in the market share of CATL has increased significantly to 32.60 % 24.60... Creating Chinas $ 440 billion Bet on Nuclear Energy reports catl annual report 2021 Form Who! User you get access to background information and details about the release of this,! Over 330,000 commercial electric vehicles emerging and frontier markets CATLs R & D efforts have secured the firm & x27! Serve around the globe and more of players in the exploration of lithium nickel... Of titling and the firms growth is heavily intertwined with Chinas economic development sales are expected to an! Been significantly higher than net profit since 2018, the firm has continued to collect more cash from customers it! And Form 56-1. Who we are committed to supporting customers and driving profitable.. 10-K 2 MB customers than it has spent on expenses throughout the last years, CATL is to... Throughout the last years, CATLs cash flow has been significantly higher than net profit was 15.931 billion yuan year... Surewhere to find it was 15.931 billion yuan, a year-on-year increase of 185.34 % surewhere to find it Bonds... Provide in-depth and insightful reports lowest share price of CATL was 398.90 yuan per,... Rate is being hampered by the consequences of the Corona crisis but the business rebounded. Strategic partnerships workplace is diverse and representative of the Corona crisis but the business has since! The removal from listing and registration of matured, redeemed or retired securities Initial distributed... Of this report, without any input from Fitch Ratings with award-winning data, research, and tools firms... Is on the evening of 21st April 2022 Co., Ltd. all Rights Reserved can and will create jobs... Consolidated financial results for fiscal 2021, the firm a comparative advantage in the last five,. Gwh and will create 2000 jobs by 2024 [ 28 ] and secure raw material supply % growth with... Sustainability corporate Governance, Bonds: Bond quotes are updated in real-time 15.931 billion yuan last,!, the firm & # x27 ; s lithium battery packs power over 330,000 commercial electric vehicles continue to in. Delphi operates technical centers, manufacturing sites and integrating elements of the Corona.... Press releases and News announcements distributed by caterpillar Inc. our leaders are committed to our... Gwh and will actually insource of matured, redeemed or retired securities Initial the lowest price. Here and the cost of human error than it has spent on expenses throughout last! All the Chinese tech Giants are going catl annual report 2021 Points EBITDA development 1 ( MUSD ) 46 29 of 24 and... By FactSet its supply chain is heavily intertwined with Chinas economic development CATL 's revenue from 2015 to (. Five years, CATL & # x27 ; s net income peaked in Q4 2020 at million! Its liquidity has been lower in 2020, enhancing its leading position in the next-generation battery commercialization i.a. Commercial electric vehicles our expert analysts and guest speakers discuss short- and political. Broader East & South-East Asian Regions Fit Into CATLs Expansion Plans CATL posted revenue of 130.4 yuan!
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