Want to see HK:3750 full AI Analyst Report?
Top Page
Contemporary Amperex Technology Co., Limited Class H
(3750)
Select Model
Select Model
Rating:69Neutral
Price Target:
HK$681.00
▲(9.66% Upside)
Action:Downgraded
Date:07/26/26
The score is driven primarily by strong financial performance (growth, margins, and high returns on capital), tempered by balance-sheet/cash-flow coverage concerns. Technical indicators are a notable drag due to bearish momentum and the price trading below key moving averages. Valuation is helped by the very high dividend yield, but the P/E is not particularly low.
Positive Factors
High profitability & ROIC
Sustained high margins and roughly 24% returns on capital indicate strong unit economics and efficient capital allocation. These durable profitability metrics support reinvestment in capacity, R&D and customer contracts, helping maintain competitive position and long-term cash generation.
Negative Factors
Jump in absolute debt
A marked increase in absolute debt raises refinancing and liquidity risk in a capital-intensive industry. Even with moderate leverage ratios, higher nominal debt demands steady cash generation and limits flexibility for opportunistic investments if industry conditions soften.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability & ROIC
Sustained high margins and roughly 24% returns on capital indicate strong unit economics and efficient capital allocation. These durable profitability metrics support reinvestment in capacity, R&D and customer contracts, helping maintain competitive position and long-term cash generation.
Read all positive factors
Contemporary Amperex Technology Co., Limited Class H (3750) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.94T
Dividend Yield1.85%
Average Volume (3M)2.07M
Price to Earnings (P/E)18.8
Beta (1Y)0.82
Revenue Growth44.55%
EPS GrowthN/A
CountryHK
Employees185,839
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)18.64
Shares Outstanding218,300,300
10 Day Avg. Volume2,083,154
30 Day Avg. Volume2,069,732
Financial Highlights & Ratios
PEG Ratio0.71
Price to Book (P/B)6.03
Price to Sales (P/S)4.79
P/FCF Ratio22.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$791.20Price Target Upside27.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)24.21
Revenue Forecast (FY)HK$721.92B
Contemporary Amperex Technology Co., Limited Class H Business Overview & Revenue Model
Company Description
Contemporary Amperex Technology Co., Limited, established in 2011 and headquartered in Ningde, China, is a global enterprise dedicated to the research, production, and worldwide distribution of energy storage batteries and related systems. Its pro...
How the Company Makes Money
CATL primarily makes money by selling lithium-ion battery products and related solutions. Its largest revenue stream comes from supplying power batteries to electric-vehicle manufacturers, where revenue is generated through contracts to deliver ba...
Contemporary Amperex Technology Co., Limited Class H Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
72
Positive
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 521.07B | 423.70B | 362.01B | 400.92B | 328.59B | 130.36B |
| Gross Profit | 132.32B | 111.32B | 88.49B | 76.93B | 66.54B | 34.26B |
| EBITDA | 120.54B | 117.43B | 90.21B | 78.91B | 51.16B | 27.14B |
| Net Income | 84.90B | 72.20B | 50.74B | 44.12B | 30.73B | 15.93B |
Balance Sheet | ||||||
| Total Assets | 1.14T | 974.83B | 786.66B | 717.17B | 600.95B | 307.67B |
| Cash, Cash Equivalents and Short-Term Investments | 440.13B | 392.51B | 317.79B | 264.31B | 193.02B | 90.44B |
| Total Debt | 301.92B | 97.42B | 113.52B | 118.15B | 93.27B | 50.49B |
| Total Liabilities | 724.93B | 603.80B | 513.20B | 497.28B | 424.04B | 215.04B |
| Stockholders Equity | 379.28B | 337.11B | 246.93B | 197.71B | 164.48B | 84.51B |
Cash Flow | ||||||
| Free Cash Flow | 90.86B | 90.88B | 68.89B | 60.95B | 14.02B | -620.69M |
| Operating Cash Flow | 138.50B | 133.22B | 100.64B | 94.60B | 63.26B | 42.42B |
| Investing Cash Flow | -103.95B | -94.48B | -49.65B | -27.99B | -64.11B | -52.33B |
| Financing Cash Flow | -6.59B | -6.31B | -16.79B | 11.80B | 81.87B | 22.49B |
Contemporary Amperex Technology Co., Limited Class H Technical Analysis
Positive
621.00
Price Trends
498.83
Positive
509.39
Negative
Market Momentum
0.27
Positive
50.12
Neutral
49.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3750, the sentiment is Positive. The current price of 621 is above the 20-day moving average (MA) of 509.53, above the 50-day MA of 498.83, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.27 indicates Positive momentum. The RSI at 50.12 is Neutral, neither overbought nor oversold. The STOCH value of 49.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3750.
Contemporary Amperex Technology Co., Limited Class H Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$1.94T | 18.80 | 24.50% | 1.85% | 44.55% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | HK$30.43B | 16.16 | 4.44% | ― | 79.77% | 149.08% | |
45 Neutral | HK$26.54M | -1.74 | -3.88% | ― | -2.14% | 23.66% | |
44 Neutral | HK$345.63M | -3.35 | -11.50% | ― | -7.44% | 56.28% | |
44 Neutral | HK$1.33B | -9.39 | -2.82% | 11.83% | -44.15% | -130.35% | |
37 Underperform | HK$105.93M | -2.61 | -6.77% | 7.69% | 11.05% | 20.00% |
* General Sector Average
HK:3750
Contemporary Amperex Technology Co., Limited Class H
572.50
147.91
34.84%
HK:2188
China Titans Energy Technology Group Co., Ltd.
0.07
-0.21
-75.27%
HK:3919
Golden Power Group Holdings Ltd.
0.63
-0.35
-35.57%
HK:3931
CALB Co., Ltd. Class H
17.73
-11.23
-38.78%
HK:8328
Xinyi Electric Storage Holdings Limited
0.44
-0.28
-38.89%
HK:0842
Leoch International Technology Limited
0.92
0.10
12.33%
Contemporary Amperex Technology Co., Limited Class H Corporate Events
CATL Announces 2026 Interim Results and Cash Dividend for Hong Kong Shareholders
Jul 26, 2026
Contemporary Amperex Technology Co., Limited has released its unaudited interim results for the six months ended June 30, 2026, complying with Hong Kong listing rules and publishing the full interim report on both the HKEX and company websites. Th...
CATL Declares Interim Cash Dividend for H Shareholders
Jul 26, 2026
Contemporary Amperex Technology Co., Limited has announced an interim ordinary cash dividend for the six months ended 30 June 2026, declaring RMB 14.11 per 10 shares, equivalent to HKD 16.29 per 10 H shares at a specified exchange rate.The dividen...
CATL Calls August Extraordinary Meeting to Vote on Bond Mandate and Share Buyback
Jul 26, 2026
Contemporary Amperex Technology Co., Limited has called its first extraordinary general meeting of 2026 for August 12 in Ningde City, Fujian Province, inviting shareholders to vote on several key corporate proposals. The meeting will be conducted ...
CATL Sets Board Meeting to Approve 2026 Interim Results and Consider Dividend
Jul 14, 2026
Contemporary Amperex Technology Co., Limited has scheduled a board meeting for July 24, 2026, to review and approve its interim results for the six months ended June 30, 2026, and to authorize their publication. The board will also consider recomm...
CATL raises HK$39.1 billion via completion of major H-share placement
Apr 30, 2026
Contemporary Amperex Technology Co., Limited has completed a major placement of new H shares in Hong Kong, underscoring its continued push to deepen access to international capital. The transaction reflects strong institutional appetite for the co...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.