Professional
Added to YB: 2024-10-23
Pitch date: 2024-09-30
300750.SZ [bullish]
Contemporary Amperex Technology Co., Limited
-9.37%
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 and energy storage batteries, and battery materials in China and internationally.
Market Cap
CNY 1.1T
Pitch Price
CNY 296.00
Price Target
N/A
Dividend
N/A
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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