Image Source : China Visual

BEIJING, March 29 (TMTPOST) —— The total revenue of CALB was 20.375 billion yuan ($2.96 billion), with  year-on-year growth of 198.9% in 2022, and net profit was about 694 million yuan ($100.76 million), up 521.8% year on year, according to the 2022 financial results released by CALB on Tuesday evening.

Founded in 2015, CALB was originally a holding subsidiary of AVIC Lithium Power Battery (Luoyang) Co., LTD.   (AVIC Lithium Power) in Jiangsu Province. AVIC Lithium Power Battery Co., LTD., founded in 2009, is a well-established power battery company in China. It mainly produced lithium iron phosphate batteries for commercial vehicles. After a series of capital operations, CALB was separated from AVIC Lithium Power, and the two companies are under the same controlling shareholder.

CALB submitted an IPO application to the Hong Kong Stock Exchange in March 2022 and was listed in October. The company's stock price fell below the issue price of HK $38 a share at the close of its first day of trading and stayed low ever since. CALB closed at HK $18.5 / share, up 0.65% on Tuesday.

According to the data of China Automotive Power Battery Industry Innovation Alliance, CALB ranked third among China's power battery enterprises in 2022, with a market share of about 6.53%. CATL and BYD ranked the first and the second, with a market share of 48.2% and 23.45% respectively. According to South Korean market agency SNE Research, CALB ranked seventh among global power battery companies, with a 3.9% market share.

The company’s net profit growth outpaced revenue growth in 2022 thanks to higher sales and improved gross margins. The gross profit margin of CALB increased from 7.5% in 2021 to 10.3% in 2022. 

The company's revenue mainly comes from domestic sources. According to the financial report, overseas markets accounted for only 1.9% of to total revenues in 2022. CALB is actively planning to expand its business in the European market. In November 2022, CALB announced that It would build a battery plant in Portugal with an annual capacity of about 15GWh, which is scheduled to be completed and put into operation in 2025.

Its major customers are GAC Group, Changan Automobile and XPENG Motors, according to a prospectus filed by CALB in March 2022. In 2021, sales revenue from these three companies accounted for 51.9 percent, 13.9 percent and 7.9 percent of the total, respectively.

The company did not disclose customer information for 2022. GAC Group and XPENG Motors were still its main customers, accounting for 39.6% and 17% respectively. While Changan accounted for less than 10 per cent of sales.

CATL sued CALB for infringement of five patents from August to October 2021, claiming a total of 185 million yuan ($26.86 million). The conflict between the two sides has not eased since then, but continued to escalate. In May 2022, CATL raised five patent infringement claims to 518 million yuan ($75.21 million). In August of the same year, CATL sued CALB for patent infringement, claiming 130 million yuan ($18.88 million). At the same time, CATL also sued CALB unfair competition.

本文內(nèi)容來源:鈦媒體英文站

轉(zhuǎn)載請注明出處、作者和本文鏈接。
聲明:文章內(nèi)容僅供參考、交流、學(xué)習(xí)、不構(gòu)成投資建議。
想和千萬鈦媒體用戶分享你的新奇觀點(diǎn)和發(fā)現(xiàn),點(diǎn)擊這里投稿 。創(chuàng)業(yè)或融資尋求報(bào)道,點(diǎn)擊這里。

敬原創(chuàng),有鈦度,得贊賞

贊賞支持
發(fā)表評(píng)論
0 / 300

根據(jù)《網(wǎng)絡(luò)安全法》實(shí)名制要求,請綁定手機(jī)號(hào)后發(fā)表評(píng)論

登錄后輸入評(píng)論內(nèi)容

快報(bào)

更多

15:26

伊朗官員稱計(jì)劃對通過霍爾木茲海峽船只實(shí)施準(zhǔn)入和收費(fèi)制度

15:24

西太平洋銀行:澳洲聯(lián)儲(chǔ)今年或連續(xù)加息三次,利率恐飆升至17年高點(diǎn)

15:23

三星電子開始量產(chǎn)236層NAND閃存

15:19

未來20年中國通航發(fā)動(dòng)機(jī)需求量將超4萬臺(tái)(套)

15:15

硅谷背景頂尖團(tuán)隊(duì)推出Vocci AI筆記戒指

15:13

港股貴金屬板塊震蕩走高,萬國黃金集團(tuán)漲超10%

15:13

歐洲主要股指開盤集體下跌

15:12

國內(nèi)商品期貨多數(shù)收漲,集運(yùn)歐線漲超6%

15:11

A股收評(píng):滬指漲0.24%,創(chuàng)業(yè)板指跌0.68%,商業(yè)航天、有色鋁概念集體大漲

14:57

廣汽旗下因湃電池?fù)Q帥

14:53

日本參議院預(yù)算委員會(huì)通過2026財(cái)年臨時(shí)預(yù)算案

14:45

商務(wù)部:已有近1000家零售藥店升級(jí)為“健康驛站”

14:38

智元機(jī)器人第10000臺(tái)通用具身機(jī)器人下線

14:35

美國打伊朗軍費(fèi)消耗強(qiáng)度為歷史之最

14:34

日經(jīng)225指數(shù)收跌2.79%,報(bào)51885.85點(diǎn)

14:25

農(nóng)業(yè)農(nóng)村部:“農(nóng)產(chǎn)品批發(fā)價(jià)格200指數(shù)”為119.73,比上周五下降0.79個(gè)點(diǎn)

14:17

世貿(mào)組織第14屆部長級(jí)會(huì)議閉幕,多個(gè)議題取得進(jìn)展

14:13

日本40年期國債收益率上升11個(gè)基點(diǎn),至4.03%

14:09

日產(chǎn)汽車2月全球產(chǎn)量同比下降12%至205,272輛

14:08

機(jī)器人概念局部異動(dòng),浙江仙通、華達(dá)股份雙雙漲停

掃描下載App