Contemporary Amperex Technology (300750.SZ) released its half-year financial report, with revenue of 166.767 billion yuan, net income of 22.865 billion yuan, a year-on-year increase of 10.37%, non-recurring net profit of 20.054 billion yuan, a year-on-year increase of 14.25%, and basic earnings per share of 5.2017 yuan.
The company is a global leading provider of power batteries and energy storage batteries. In the field of power batteries, according to SNE Research, the company ranked first in global power battery usage from 2017-2023 for seven consecutive years. From January to May 2024, the company's global market share of power battery usage reached 37.5%, an increase of 2.3% compared to the same period last year, and still ranks first globally. In the field of energy storage, according to SNE Research, the company ranked first in global energy storage battery shipments from 2021-2023 for three consecutive years. From January to June 2024, according to relevant institutions' statistics, the company's energy storage battery shipments continue to maintain the world's highest market share.