Global Leader CATL Reports Record RMB 722 Billion Net Profit

On the evening of March 9, 2026, Contemporary Amperex Technology Co., Limited (CATL) released its comprehensive 2025 annual report, showcasing a year of extraordinary financial and operational expansion. The world’s leading battery manufacturer reported an operating revenue of RMB 423.7 billion (USD 61.4 billiom), representing a year-on-year (YoY) increase of 17.04%. Most notably, net profit attributable to shareholders reached RMB 72.2 billion (USD 10.46 billion), marking a massive 42.28% YoY surge. This performance translates to a staggering average daily net profit of nearly RMB 200 million (USD 29 million).

Global Dominance and Sales Milestones

According to the annual report, the company achieved total lithium-ion battery sales of 661 GWh, a 39.16% increase in 2025. Within this, power battery sales accounted for 541 GWh, growing 41.85%. According to data from SNE Research, CATL’s global market share in the power battery sector rose to 39.2%, an increase of 1.2 percentage points over the previous year. CATL solidified its position as the global leader in battery technology for the ninth consecutive year.

The energy storage sector also showed resilient growth, with sales reaching 121 GWh, up 29.13% YoY. SNE Research confirmed that CATL has now ranked first globally in energy storage battery shipments for five consecutive years.

Product Innovation and New Frontiers

Throughout 2025, CATL aggressively expanded its product portfolio with the launch of the Second-Generation Shenxing Superfast Charging Battery, the Xiaoyao Dual-Core Battery, and new sodium-ion power cells. Beyond traditional automotive applications, the company is actively seeking new growth curves by electrifying diverse sectors, including aviation, low-altitude economy (eVTOL), and electric shipping.

Production Capacity and R&D Investment

To meet surging global demand, CATL accelerated the construction of domestic and international production bases, including major projects in Hungary and Indonesia, alongside facilities in Zhongzhou, Jining, and Yibin. By the end of 2025, CATL’s total lithium battery capacity reached 772 GWh, with an additional 321 GWh currently under construction.

This growth is anchored by a heavy commitment to innovation. CATL invested RMB 22.1 billion (USD 3.2 billion) in Research and Development (R&D) in 2025, bringing its cumulative 10-year R&D spend to over RMB 90 billion (USD 13 billion). The company now holds or has applied for a total of 54,538 patents worldwide, integrating AI technology deep into its manufacturing processes.

Market Reaction

Following the financial disclosure, the market responded with high optimism. During intraday trading on March 10, CATL’s A-share price rose by 6.01%, pushing its total market capitalization beyond RMB 1.7 trillion (USD 246.4 billion). In Hong Kong, H-shares saw an even more dramatic jump of 8.75%.

*(Exchange rate: RMB 6.9 = USD 1)*