CATL's net profit in the first quarter of 2021 is 1.954 billion

2021/5/2 20:39:02

CATL's net profit in the first quarter of 2021 is 1.954 billion

On the evening of April 29, CATL announced its financial report for the first quarter of 2021. The report shows that CATL achieved operating income of 19.167 billion yuan in the first quarter, and net profit attributable to shareholders of listed companies was 1.954 billion yuan, a year-on-year increase of 163.38% over the first quarter of last year. With the first year of the outbreak of electric vehicles in 2021, with the improvement of battery life and the promotion of charging stations, people are now increasingly accepting new energy vehicles. In the first quarter of this year, electric vehicles accounted for 8.6% of car sales. Exceeding last year's 5.8%, the domestic demand for power batteries for new energy vehicles will continue to grow. At the same time, the overseas power battery market will also grow. CATLí»s battery exports in the first quarter of this year were 2.517 billion, a year-on-year increase of 28.7 times.

CATL focuses on R&D and production of batteries, and at the same time deploys its upstream new energy metal resources such as lithium, cobalt, nickel, and copper, and stabilizes the price of lithium, nickel and cobalt by means of investment, equity participation, and agreement to ensure a timely and stable supply of raw materials.

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With the participation of many Internet companies in building cars, Apple, Xiaomi, Baidu, Huawei, and even Skyworth, DJI, etc., the competition between car companies will become more intense, and more models will emerge, and the supply of lower-priced electric vehicles will be more intense. Consumer choice. The next 10 years must be a good period for the new energy automobile industry to rise, and it will bring a huge market dividend to its core component battery industry, and its suppliers of diaphragms, structural parts, positive and negative materials, electrolytes, etc. .