Want to see HK:3750 full AI Analyst Report?
Top Page
Contemporary Amperex Technology Co., Limited Class H
(3750)
Select Model
Select Model
Rating:64Neutral
Price Target:
HK$362.00
▼(-41.71% Downside)
Action:Reiterated
Date:10/23/26
Overall score reflects strong underlying profitability and growth (financial performance) and a supportive valuation (low P/E with dividend), tempered by elevated risk signals from sharply higher leverage and weakening free-cash-flow conversion, plus very bearish technical momentum with the stock trading well below major moving averages.
Positive Factors
Strong profitability and long-term growth
CATL combines positive current growth with substantial margins and earnings, while revenue and net income expanded materially from 2021 to 2025. This scale and profitability support continued investment in technology, manufacturing capacity, and customer programs, strengthening its ability to compete across battery markets.
Negative Factors
Sharp increase in leverage
The rapid increase in debt reduces financial flexibility and makes CATL more sensitive to funding costs and cyclical demand. Higher leverage can constrain capital allocation during weaker industry conditions, even though substantial equity and strong returns currently provide meaningful balance-sheet support.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profitability and long-term growth
CATL combines positive current growth with substantial margins and earnings, while revenue and net income expanded materially from 2021 to 2025. This scale and profitability support continued investment in technology, manufacturing capacity, and customer programs, strengthening its ability to compete across battery markets.
Read all positive factors
Contemporary Amperex Technology Co., Limited Class H (3750) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.27T
Dividend Yield2.81%
Average Volume (3M)3.98M
Price to Earnings (P/E)11.9
Beta (1Y)1.08
Revenue Growth58.67%
EPS Growth40.21%
CountryHK
Employees185,839
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)19.27
Shares Outstanding218,300,300
10 Day Avg. Volume6,715,641
30 Day Avg. Volume3,984,366
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$626.17Price Target Upside0.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)23.14
Revenue Forecast (FY)HK$729.52B
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
84
Very Positive
Balance Sheet
67
Positive
Cash Flow
62
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 582.11B | 423.70B | 362.01B | 400.92B | 328.59B | 130.36B |
| Gross Profit | 139.62B | 111.32B | 88.49B | 76.93B | 66.54B | 34.26B |
| EBITDA | 118.42B | 117.43B | 92.20B | 78.91B | 51.96B | 27.14B |
| Net Income | 87.60B | 72.20B | 50.74B | 44.12B | 30.73B | 15.93B |
Balance Sheet | ||||||
| Total Assets | 1.18T | 974.83B | 786.66B | 717.17B | 600.95B | 307.67B |
| Cash, Cash Equivalents and Short-Term Investments | 432.37B | 392.51B | 317.79B | 264.31B | 193.02B | 90.44B |
| Total Debt | 342.68B | 97.42B | 113.52B | 118.15B | 93.27B | 50.49B |
| Total Liabilities | 759.56B | 603.80B | 513.20B | 497.28B | 424.04B | 215.04B |
| Stockholders Equity | 386.68B | 337.11B | 246.93B | 197.71B | 164.48B | 84.51B |
Cash Flow | ||||||
| Free Cash Flow | 63.89B | 90.88B | 68.89B | 60.95B | 14.02B | -620.69M |
| Operating Cash Flow | 118.76B | 133.22B | 100.64B | 94.60B | 63.26B | 42.42B |
| Investing Cash Flow | -97.04B | -94.48B | -49.65B | -27.99B | -64.11B | -52.33B |
| Financing Cash Flow | 23.30B | -6.31B | -16.79B | 11.80B | 81.87B | 22.49B |
Contemporary Amperex Technology Co., Limited Class H Technical Analysis
Negative
621.00
Price Trends
507.18
Negative
579.89
Negative
585.80
Negative
Market Momentum
-48.73
Positive
18.29
Positive
13.44
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3750, the sentiment is Negative. The current price of 621 is above the 20-day moving average (MA) of 429.32, above the 50-day MA of 507.18, and above the 200-day MA of 585.80, indicating a bearish trend. The MACD of -48.73 indicates Positive momentum. The RSI at 18.29 is Positive, neither overbought nor oversold. The STOCH value of 13.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 |
|---|---|---|---|---|---|---|---|
64 Neutral | HK$1.27T | 11.92 | 24.02% | 2.81% | 58.67% | 40.21% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | HK$23.18B | 10.10 | 5.27% | 0.00% | 79.77% | 149.08% | |
48 Neutral | HK$995.99M | -6.96 | -2.78% | 2.59% | -44.15% | -130.35% | |
45 Neutral | HK$40.49M | -1.79 | -3.88% | ― | -2.14% | 23.66% | |
44 Neutral | HK$298.50M | -2.89 | -11.50% | ― | -7.44% | 56.28% | |
41 Neutral | HK$85.05M | -2.08 | -6.77% | 7.69% | 11.05% | 20.00% |
* General Sector Average
HK:3750
Contemporary Amperex Technology Co., Limited Class H
338.80
-211.39
-38.42%
HK:2188
China Titans Energy Technology Group Co., Ltd.
0.07
-0.17
-72.80%
HK:3919
Golden Power Group Holdings Ltd.
0.60
-1.08
-64.31%
HK:3931
CALB Co., Ltd. Class H
13.13
-20.31
-60.74%
HK:8328
Xinyi Electric Storage Holdings Limited
0.38
-0.32
-45.71%
HK:0842
Leoch International Technology Limited
0.70
0.04
6.76%
Contemporary Amperex Technology Co., Limited Class H Corporate Events
CATL Posts Strong Profit and Revenue Growth in 2026 Third Quarter
Oct 20, 2026
CATL reported strong growth for the nine months ended 30 September 2026, with revenue rising 56.19% year-on-year to RMB 442.14 billion and net profit attributable to shareholders up 31.60% to RMB 64.53 billion. Net profit after excluding non-recur...
CATL Sets October Board Meeting to Approve Third-Quarter Results
Oct 2, 2026
Contemporary Amperex Technology Co., Limited has scheduled a board meeting for October 20, 2026, to review and approve its third-quarter results for the nine months ended September 30, 2026. The company plans to publish these results following boa...
CATL Calls Extraordinary Meeting to Approve New Employee Stock Plan
Oct 2, 2026
Contemporary Amperex Technology Co., Limited has called a second extraordinary general meeting for November 2, 2026 in Ningde, Fujian, to seek shareholder approval for providing financial assistance to a controlled subsidiary. The meeting will als...
CATL Proposes 2026 Employee Stock Ownership Plan Using Repurchased A Shares
Oct 2, 2026
Contemporary Amperex Technology Co., Limited has proposed the adoption of the 2026 Second A Share Employee Stock Ownership Plan, subject to approval at a forthcoming general meeting. The plan is designed to strengthen corporate governance and esta...
CATL Relocates Hong Kong Principal Office to Central Business District
Aug 25, 2026
Contemporary Amperex Technology Co., Limited has announced a change to its principal place of business in Hong Kong, relocating to the fifth floor of Wheelock House on Pedder Street in Central, effective August 25, 2026. The move underscores CATL&...
CATL Shareholders Back Bond Mandate, Derivatives Trading and A-Share Buyback at EGM
Aug 12, 2026
Contemporary Amperex Technology Co., Limited is a leading Chinese battery manufacturer serving the electric vehicle and energy storage sectors, with A Shares and H Shares traded publicly and a broad institutional and retail shareholder base. The c...
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 ...
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.