On the evening of April 14th, CATL, the global leader in power batteries, released its financial results for the first quarter of 2025. The report showed that the company achieved revenue of RMB 84.705 billion in the first quarter, up 6.18% year-on-year, while net profit attributable to shareholders of listed companies reached RMB 13.96 billion, a substantial increase of 32.85% year-on-year, demonstrating robust profitability and industry-leading advantages. Against the backdrop of intensifying competition in the new energy sector, CATL continued to achieve high-quality development with profit growth significantly outpacing revenue growth, leveraging its technological edge and market position.
Analysts pointed out that CATL’s significant increase in net profit was primarily driven by cost optimization and product structure improvement. In recent years, the company has continuously advanced technological innovation, enhancing battery energy density while reducing manufacturing costs, and securing early-mover advantages in high-end areas such as high-nickel batteries and sodium-ion batteries, further solidifying its market competitiveness. Additionally, the sustained expansion into overseas markets has provided crucial support for performance growth, with CATL’s capacity deployment gradually materializing in Europe, North America, and Southeast Asia, reflecting the effectiveness of its globalization strategy.
Despite a slowdown in the growth rate of the new energy vehicle industry in the first quarter, CATL maintained steady growth, reflecting its profound accumulation in supply chain management, technological research and development, and customer engagement. Institutional research reports suggest that with the accelerated global energy transition, the long-term outlook for power battery demand is promising, and CATL, as the industry leader, is expected to continue benefiting from policy support and market expansion. Meanwhile, the company’s deployment in the energy storage sector is gradually entering the harvest phase, potentially becoming a new growth driver for future performance.
