Net Profit Climbs 149.6% to RMB 1.476 Billion
CALB (03931.HK) announced a substantial increase in profitability for its 2025 fiscal year, with net profit reaching RMB 1.476 billion. This figure represents a 149.6% growth compared to the previous year. The strong bottom-line performance translated to earnings per share of RMB 0.8326, underscoring a period of significant operational success for the electric vehicle battery supplier.
Revenue Hits RMB 44.4 Billion as Gross Profit Rises 68%
The company's top-line growth was equally impressive, with annual revenue climbing 60% year-over-year to RMB 44.4 billion. Gross profit outpaced revenue growth, increasing by 68.1% to RMB 7.412 billion. This margin expansion suggests improved pricing power or greater manufacturing efficiencies, contributing directly to the surge in net income.
CALB Withholds Dividend Despite Record Earnings
Despite the record-breaking profit, CALB's board decided not to declare a final dividend for 2025. This move aligns with the company's policy throughout the year, where no dividends were issued for the first, second, or third quarters. The decision to retain earnings may indicate a strategy focused on reinvesting capital to fund future expansion and research in the competitive EV battery market. Investors reacted positively to the earnings report, with the company's stock climbing 4.425% in recent trading.
