Professional
Added to YB: 2024-10-23
Pitch date: 2024-09-30
300750.SZ [bullish]
Contemporary Amperex Technology Co., Limited
+35.22%
current return
Author Info
No bio for this author
Company Info
Contemporary Amperex Technology Co., Limited engages in the development, production, sale, and after-sales service of power battery systems, energy storage battery systems, and battery materials formed by applying battery recycling technology worldwide.
Market Cap
CNY 1.7T
Pitch Price
CNY 287.74
Price Target
N/A
Dividend
0.53%
EV/EBITDA
17.01
P/E
26.36
EV/Sales
3.95
Sector
Electrical Equipment
Category
growth
Baron Emerging Markets Fund New Position: Contemporary Amperex Technology Co., Limited
300750.SZ: CATL, global leader in EV/ESS lithium-ion batteries. 35%+ market share, tech leadership in superfast charging. Lower costs via scale, utilization & supply-chain mgmt. Expanding in Europe. 20%+ earnings CAGR expected, 25% ROE/GM. Clients: Tesla, BMW, Stellantis, Mercedes.
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