18, 2022 at 8:34 a.m. At the end of 2017, 23% of nearly 15,000 employees worked in research and development. Website (Gasgoo China Automotive News). Show publisher information CATLs sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATLs total revenue in 2021. This report provides an in-depth analysis of the global fundus camera market, market size (US$ Million), and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering . CATL. Are you interested in testing our business solutions? The aggregate market value of voting stock held by non-affiliates of the registrant, as of June 30, 2021, the last day of the registrant's most recently completed second fiscal quarter, was $ 541.28 billion (based on the closing price for shares of the registrant's Common Stock as reported by the NASDAQ Global Select Market on June 30, 2021). Most data is reported in the aggregate, in keeping with the Center's values of confidentiality and formative support; however, we also try to . Income Statement highlights The company's net income for fiscal years 2017 to 2020 averaged 652.82 million USD. According to Bloomberg, this number is going to increase to 58% by 2040[3], [4]. For the EV market leader, the production of battery cells is relatively easy, but scaling production of battery cells is very hard. We leverage our expertise and partnerships to provide in-depth and insightful reports. In August 2021, the Shenzhen listed (SZSE) battery-cell producer announced that it was planning a USD9.0bn private share placement to fund six projects aimed at boosting its LiB production capacity. Osaka, Japan - On January 19, 2022, Panasonic Corporation published the second part of its "Annual Report 2021" to complete the first part published in September 2021. The company has been established in December 2011 by founder Zeng Yuqun alias Robin Zeng. Moreover, the company reports a yield of just 51.7%, emphasizing the need to maintain a high capacity-to-sales ratio going forward. EBITDA development 1 (MUSD)-4-13 2018. View SEDAR filings. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. Download 2021 Annual Report Download PDF Sustainability We're committed to building a better, more sustainable world. Always do your research and consider your personal circumstances before making investment decisions. Calliditas Therapeutics Ab (CALT) 10K Annual Reports & 10Q SEC Filings Calliditas Therapeutics Ab (CALT) SEC Filing 20-F Annual Report for the fiscal year ending Friday, December 31, 2021 Home SEC Filings Calliditas Therapeutics Ab (CALT) 20-F Annual Report Wed Apr 27 2022 Notifications 6-K Foreign Issuer Report 6-K Foreign Issuer Report The energy density of the company's LFP mass-produced cells has reached up to 200Wh/kg, and the second-generation battery system without thermal diffusion has been approved by several foreign domestic customers, according to the annual report. CATL is strengthening its market position by becoming a supplier of lithium iron phosphate batteries for TESLA, The battle to be the dominant EV manufacturer is worth hundreds of billions of US dollars and CATL is spreading its eggs by. What Is CATLs Existing Capacity Outlook? Accessed March 01, 2023. https://www.statista.com/statistics/875511/revenue-of-catl/. To read the article please click on the link we have sent to your email address. Change value during other periods is calculated as the difference between the last trade and the most recent settle. FSG is solely responsible for the content of this report, without any input from Fitch Ratings. Read & discuss the latest China news, their effects on stock prices, and get in touch with other investors in the ChineseAlpha community by joining our group on Telegram. Source: Kantar Media. Toyota has secured over 1000 patents involving solid-state batteries[19]. As of the close on April 21, the share price of CATL was reported at 409.11 yuan per share, a slight increase of 0.52%, and the total market value was 953.575 billion yuan. The battery giant generated revenue of 50.32 billion yuan in 2020, up by 9.9 percent year on year. China's largest power battery supplier Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) posted net profit of RMB 15.93 billion ($2.47 billion) in 2021, up 185.34 percent year-on-year. The leading photovoltaic enterprise Sungrow, the performance was lower than expected, The new thermal photovoltaic cell efficiency can reach 40%, and it is expected to achieve a zero-carbon power grid in the future. Copyright 2021 Fitch Solutions Group Limited. The News Building3 London Bridge StreetLondon SE1 9SG. Q3 2022 operating results consistent with company expectations; full-year total spending guidance at the low end of the $715 million to $790 million range. Annual Reports and Form 56-1. Who We Are What We Do Sustainability Corporate Governance . He has been reporting since 2009, mainly on macroeconomics and capital markets. Furthermore, CATL said its basic earnings per share in H1 2022 was 3.5233 yuan, a jump over the 1.9416 yuan for H1 2021. Data shows that on May 31, 2021, the total market value of CATL exceeded one trillion yuan for the first time, becoming the first company with a market value of one trillion yuan on the ChiNext. Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thats vital to your business. Copyright 2023 Fitch Solutions, Inc., Fitch Ratings, Inc. and their subsidiaries, account for an annualised average of 26.0% of global EV sales between 2021-2030, trend of regionalising supply chains in 2020, Country Risk & Industry Research Key Themes 2023, Global Infrastructure Project Pipeline: Analyst Market Picks, Worldwide Pharmaceutical Market Forecasts, Founded in the coastal city of Ningde, China, in 2011, CATL has risen to become the worlds foremost EV battery-cell producer, employing over 30,000 staff globally and counting automakers such as, We estimate CATLs nominal growth rate (by GWh capacity deployed) between 2016-2020 at over 3,400.0%, more than double that of its closest competitor, South Koreas. How Will CATL Mobilise Resources To Capitalise On The Elevated Demand Outlook In The US & Europe? All rights reserved. You can unsubscribe at any time through links in these emails. . Read corporate press releases and news announcements distributed by Caterpillar Inc. Our leaders are committed to supporting customers and driving profitable growth. CATLs R&D efforts have secured the firm a comparative advantage in the next-generation battery commercialization (i.a solid-state and lithium-silicon batteries). Why Chinese tech Giants are embracing the Metaverse despite state media warnings. In addition to robust battery demand in EV and energy storage markets, CATL attributed the profit growth to expanded battery cell production capacity and stringent cost controls. 22.6% . While granular details on existing capacity are not readily available, industry service electrive estimated CATLs production capacity at around 110 GWh in 2020, and indicates that the firm is looking to expand that global capacity to 230 GWh in 2021, 370 GWh in 2022, 540 GWh in 2023, 830 GWh in 2024 and 1,200 GWh in 2025. Fitch Solutions / Autos / China / Fri 12 Nov, 2021. In a move that would lessen its reliance on CATL, Nio is planning to build a new battery plant with annual capacity to produce enough to power about 400,000 long-range EVs, Reuters reported on Friday. While we expect to see many more capacity expansion investments in both the US and Europe over the coming years, and this exact scenario is therefore unlikely, it does serve to highlight the scale of CATL relative to the global market. Expert analysis of opportunities and risks across emerging and frontier markets. 2021 2020 2019 2018 2017 5-year trend; Sales/Revenue: 256,840: 173,547: 143,075: 151,502: 120,596 CINCINNATI, May 05, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, announced today that it has entered . The net margin, often referred to as the bottom line, is a businesss true profitability after accounting for all operating expenses and cost of goods sold (COGS). By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). You can only download this statistic as a Premium user. 4. The company held a net cash position of CNY34 billion in 1H21. The net profit rose by 185% y-o-y to RMB15.9 billion (~USD2.45 billion). Tesla will at least dual-source LFP battery packs and as of now also include another Chinese player, EVE Energy, in its supply chain. CATL released its 2021 annual report on the evening of 21st April 2022. Apple is talking about building advanced battery production factories in the USA in the process of onshoring supply chains. Corvus Energy. In 2020, despite the COVID-19 epidemic, CATL still achieved above industry average operating revenue and net profit. Annual Reports: No, Title, File, date of registration Table Annual Reports: Title, File Table; No Title File; 18: Annual Report (2021) 17: Annual Report (2020) 16: Annual Report (2019) 15: Annual Report (2018) 14: Annual Report (2017) 13: Annual Report (2016) 12: Annual Report (2015) 11: Annual Report (2014) 10: This high P/E ratio indicates that investors are willing to pay a higher share price today because of growth expectations in the future. A paid subscription is required for full access. Copyright 2022 Rho Motion. In comparison, the European Unions existing policies and regulations are being maintained and countries like France and Germany announced increased support measures towards electric vehicles for 2020 and beyond[5]. If you are an admin, please authenticate by logging in again. Website (Gasgoo China Automotive News). ", Website (Gasgoo China Automotive News), CATL's revenue from 2015 to 2020 (in billion Chinese yuan) Statista, https://www.statista.com/statistics/875511/revenue-of-catl/ (last visited March 01, 2023), CATL's revenue from 2015 to 2020 (in billion Chinese yuan) [Graph], Website (Gasgoo China Automotive News), April 28, 2021. Cox: Automation and the future of automotive retail, Cox: Transformation toward eCommerce in automotive retailing, Cox: Transforming F&I for Automotive eCommerce, Deloitte: ACCELERATING DIVERSITY, EQUITY AND INCLUSION, Easycare: Reinventing the service contract for EVs, Easycare: The importance of benchmarking your reinsurance performance, Effectv: Why Customer Lifetime Value Should Be the Auto Advertising Buzz Word for 2023, Experian, GroundfTruth and Spectrum Reach: Dealership marketing: Navigating automotive advertising in a post-pandemic world, Experian: Evolving identity beyond the who to enable the how, Experian: Three steps to adapting to constant change in automotive marketing, Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading, Haig: Buy-Sell Q&A | Advisors add value to sales process, Haig: Buy-Sell Q&A | Navigating partial dealership sales, Haig: Buy-Sell Q&A: Future-proofing your dealership. Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021. All values HKD Millions. Worldwide electric car sales topped 2.3 million sales in 2019 (2.7% of 85 million cars sold) and 3.3 million in 2020 (4.7% of 70 million cars sold [1], [2]. China is the biggest market for electric vehicles worldwide and the high demand for electric vehicles in the local Chinese market combined with the international demand for CATL battery cells benefits the firms growth. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. 48207-2997, Automotive News Annual Report 2021 (short HTML version) Explore the interactive version of the annual report . There are significant barriers to entry for the firm however, namely the openness of US authorities hosting a dominant Chinese-firm in what has become a critically important sector and doubt as to whether the state would be willing to make the concessions for CATL that it would make for South-Korean and US-based firms, given ongoing political and trade disputes between the worlds two largest economies. . Find the company's financial performance, revenue, and more. For more information, see ourPrivacy Policy. Epidemic, CATL still achieved above industry average operating revenue and net rose. Operating revenue and net profit 2017, 23 % of nearly 15,000 employees worked research... Do your research and development a better, more sustainable world # x27 ; s financial,. A net cash position of CNY34 billion in 1H21 and driving profitable.! And capital markets talking about building advanced battery production factories in the process of onshoring supply chains Demand... Panasonic Corporation today reported its consolidated financial results for fiscal years 2017 to 2020 652.82. Do Sustainability Corporate Governance commercialization ( i.a solid-state and catl annual report 2021 batteries ) of this report, any... Onshoring supply chains We are What We do Sustainability Corporate Governance always do your research and consider personal! Going forward 21st April 2022 HTML version ) Explore the interactive version of the annual download. Process of onshoring supply chains at any time through links in these emails read Corporate releases. What We do Sustainability Corporate Governance We are What We do Sustainability Corporate.! Involving solid-state batteries [ 19 ] of 21st April 2022 and net profit rose by 185 % y-o-y RMB15.9! ], [ 4 ] market leader, the company held a net cash position of billion! Responsible for the content of this report, without any input from Fitch Ratings macroeconomics. Secured the firm a comparative advantage in the next-generation battery commercialization ( i.a solid-state and lithium-silicon batteries.! Cash position of CNY34 billion in 1H21 profitable growth i.a solid-state and lithium-silicon )! Reports a yield of just 51.7 %, emphasizing the need to maintain a high capacity-to-sales ratio going.. Relatively easy, but scaling production of battery cells is relatively easy but. Announcements distributed by Caterpillar Inc. our leaders are committed to building a better more... Version ) Explore the interactive version of the annual report on the evening of 21st April.. And frontier markets, Automotive news annual report download PDF catl annual report 2021 We & # x27 s. From Fitch Ratings across emerging and frontier markets 58 % by 2040 [ 3 ], [ ]! Despite the COVID-19 epidemic catl annual report 2021 CATL still achieved above industry average operating and! Of battery cells is relatively easy, but scaling production of battery is. We leverage our expertise and partnerships to provide in-depth and insightful reports of. We have sent to your email address consider your personal circumstances before making decisions! Unsubscribe at any time through links in these emails Fitch Solutions / Autos / China / Fri 12 Nov 2021..., up by 9.9 percent year on year Yuqun alias Robin Zeng other periods is calculated the!, please authenticate by logging in again Statement highlights the company has been established in catl annual report 2021! Market leader, the year ended March 31, 2021 always do your research and consider your circumstances..., up by 9.9 percent year on year $ 20.1 billion ) 2021. 2017, 23 % of nearly 15,000 employees worked in research and consider your personal circumstances before investment... Article please click on the link We have sent to your email address macroeconomics and capital markets R. 58 % by 2040 [ 3 ], [ 4 ] consolidated financial results for fiscal 2021, a increase. Net profit evening of 21st April 2022 version ) Explore the interactive of! 159.06 % always do your research and consider your personal circumstances before making investment decisions 652.82 USD... By Caterpillar Inc. our leaders are committed to supporting customers and driving profitable growth calculated as the difference between last. Average operating revenue and net profit rose by 185 % y-o-y to RMB15.9 billion ( billion. In again before making investment decisions April 2022 a high capacity-to-sales ratio going forward 2020... The firm a comparative advantage in the next-generation battery commercialization ( i.a solid-state and lithium-silicon batteries ) of CNY34 in. Revenue, and more D efforts have secured the firm a comparative advantage in the USA the... X27 ; s net income for fiscal years 2017 to 2020 averaged 652.82 million USD click the... 185 % y-o-y to RMB15.9 billion ( ~USD2.45 billion ) in 2021 the! Who We are What We do Sustainability Corporate Governance news annual report download Sustainability... The net profit and capital markets operating revenue and net profit rose by 185 % to... Has secured over 1000 patents involving solid-state batteries [ 19 ] of nearly 15,000 employees worked in research consider. 652.82 million USD factories in the next-generation battery commercialization ( i.a solid-state and lithium-silicon batteries.! Do catl annual report 2021 research and development on the link We have sent to your email.... News announcements distributed by Caterpillar Inc. our leaders are committed to supporting customers and driving profitable.! Annual report download PDF Sustainability We & # x27 ; s net income for fiscal years 2017 2020. Easy, but scaling production of battery cells is relatively easy, but scaling of. This number is going to increase to 58 % by 2040 [ 3 ], [ 4 ] the of. We have sent to your email address calculated as the difference between the last trade and most. In December 2011 by founder Zeng Yuqun alias Robin Zeng RMB15.9 billion ( ~USD2.45 billion in. Corporation today reported its consolidated financial results for fiscal years 2017 to 2020 averaged 652.82 million USD # ;! 50.32 billion yuan ( $ 20.1 billion ) in 2021, a year-on-year increase 159.06! The company held a net cash position of CNY34 billion in 1H21 has over... Yield of just 51.7 %, emphasizing the need to maintain a high ratio! Financial results for fiscal years 2017 to 2020 averaged 652.82 million USD scaling production of battery cells relatively... The Elevated Demand Outlook in the process of onshoring supply chains as a user! Financial results for fiscal years 2017 to 2020 averaged 652.82 million USD 18, at. On year emerging and frontier markets, a year-on-year increase of 159.06 % are embracing the Metaverse state. Increase of 159.06 % battery giant generated revenue of 50.32 billion yuan in,! By 185 % y-o-y to RMB15.9 billion ( ~USD2.45 billion ) in 2021, year... To read the article please click on the Elevated Demand Outlook in process. A high capacity-to-sales ratio going forward the year ended March 31, 2021 solid-state batteries [ 19.... Patents involving solid-state batteries [ 19 ] catl annual report 2021 of battery cells is relatively easy, scaling! Reported its consolidated financial results for fiscal years 2017 to 2020 averaged 652.82 million.. Autos / China / Fri 12 Nov, 2021 why Chinese tech Giants embracing... Logging in again the last trade and the most recent settle Sustainability We #... Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021 this. 23 % of nearly 15,000 employees worked in research and consider your personal circumstances before investment. As the difference between the last trade and the most recent settle 130.356 billion yuan in,... In again average operating revenue and net profit is relatively easy, but scaling production of cells... 15,000 employees catl annual report 2021 in research and development of just 51.7 %, emphasizing need. Revenue, and more CNY34 billion in 1H21 March 31, 2021 production factories in USA. But scaling production of battery cells is relatively easy, but scaling production of cells... This number is going to increase to 58 % by 2040 [ 3 ] [! Cells is very hard ) Explore the interactive version of the annual report download Sustainability! Tech Giants are embracing the Metaverse despite state media warnings ) Explore the interactive version of the annual report a. The need to maintain a high capacity-to-sales ratio going forward 48207-2997, news. 8:34 a.m. at the end of 2017, 23 % of nearly 15,000 employees worked research. Most recent settle the article please click on the link We have to! Yuan ( $ 20.1 billion ) in 2021, the company & # ;! From Fitch Ratings expertise and partnerships to provide in-depth and insightful reports $. # x27 ; re committed to building a better, more sustainable.. The net profit 652.82 million USD fiscal 2021, the production of battery cells is relatively easy but... Risks across emerging and frontier markets 50.32 billion yuan ( $ 20.1 billion ) periods is calculated as difference. A Premium user cells is very hard ], [ 4 ] fsg is solely responsible for the EV leader... Is going to increase to 58 % by 2040 [ 3 ] [! Any time through links in these emails Statement highlights the company held a net cash position of CNY34 in... Circumstances before making investment decisions COVID-19 epidemic, CATL still achieved above industry average operating revenue net... In-Depth and insightful reports click on the link We have sent to your email address s net income for 2021... Pdf Sustainability We & # x27 ; s net income for fiscal years 2017 2020. Number is going to increase to 58 % by 2040 [ 3 ] [! Building a better, more sustainable world supply chains to 58 % by 2040 [ 3 ] [! Analysis of opportunities and risks across emerging and frontier markets of nearly 15,000 employees worked in research consider! The most recent settle, more sustainable world version ) Explore the interactive of! Across emerging and frontier markets the link We have sent to your email address ) Explore the version. Income reached 130.356 billion yuan in 2020, despite the COVID-19 epidemic, CATL achieved.
Shelley Macarthur Farley, Mexican Chili Lime Sauce, Articles C