- CATL's net income reached 72.2 billion yuan ($10.4 billion) in 2025, and it announced a generous cash dividend plan.
- CATL saw its revenue grow by 17.04% in 2025, reaching 423.7 billion yuan.
CATL reported a profit surge last year as battery sales remained strong.
The Chinese power battery giant saw a 42.28% jump in net income in 2025, reaching 72.2 billion yuan ($10.4 billion), according to an earnings report released on Monday.
CATL saw its revenue grow by 17.04% in 2025 to reach 423.7 billion yuan.
Revenue from the power battery business reached 316.5 billion in 2025, representing a year-on-year increase of 25.08% and accounting for 74.70% of total revenue.
Revenue from the energy storage battery business reached 62.4 billion yuan, marking an 8.99% year-on-year growth and contributing 14.74% to total revenue.
CATL proposed a generous cash dividend of 69.57 yuan for every 10 shares held by its investors, accounting for 50% of its net income.
The company noted that this high payout ratio does not guarantee fixed-proportion dividends in future years, citing uncertainties in future capital expenditures.
To meet production and business development needs, CATL plans to register and issue up to 40 billion yuan in bonds to optimize its debt structure and lower financing costs.
The battery giant sold a total of 661 GWh of lithium-ion batteries in 2025, representing a 39.16% year-on-year increase.
Sales of its power and energy storage batteries reached 541 GWh and 121 GWh respectively, helping it maintain the top spot in global market share.
As the world's largest EV battery maker, CATL continued to dominate the global electric vehicle battery market with a 39.2% share in 2025, making it the only battery supplier globally with a market share exceeding 30%, according to data from South Korean market research firm SNE Research.
As of the end of 2025, CATL had established six major R&D centers and 24 battery factories globally.
The company's lithium-ion battery production capacity reached 772 GWh by the end of 2025, with an additional 321 GWh under construction.
($1 = 6.9173 yuan)
