Contemporary Amperex Technology (300750) H1 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 reached RMB 178.89 billion, up 7.27% year-over-year; net profit attributable to shareholders was RMB 30.49 billion, up 33.33% year-over-year.

• Global market share in power batteries rose to 38.1% for Jan–May 2025; energy storage battery output ranked first globally.

• Completed H-share IPO in Hong Kong, raising HKD 41 billion to support global expansion and R&D.

• Announced mid-year cash dividend of RMB 10.07 per 10 shares, totaling RMB 4.57 billion.

Financial highlights

• Operating income: RMB 178.89 billion, up 7.27% year-over-year; net profit: RMB 30.49 billion, up 33.33%.

• Gross margin for power battery systems: 22.41%; energy storage systems: 25.52%.

• Basic and diluted EPS: RMB 6.92, up 33.08% year-over-year.

• Cash flow from operations: RMB 58.69 billion, up 31.26% year-over-year.

• Total assets: RMB 867.18 billion, up 10.24% from year-end 2024.

Outlook and guidance

• Continues to invest in global capacity, R&D, and new product launches to meet rising demand in EV and energy storage markets.

• Expects further growth driven by global electrification, clean energy transition, and product innovation.