CATL Reports 2024 Financial Highlights: Revenue Hits 362B Yuan, Net Profit Up 15% YoY, Maintains Global Market Leadership

Published: Mar 28, 2025 16:22 (GMT+8)

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Recently, CATL released its investor relations activity record, summarizing the company's financial data for 2024. According to the report, the company achieved total revenue of 362 billion yuan, with net profit attributable to shareholders of the publicly listed firm reaching 50.7 billion yuan, up 15% YoY. The comprehensive gross margin was 24.4%, an increase of 5.3 percentage points YoY. CATL stated that during the reporting period, the company maintained its leading position in both power battery and ESS battery market shares. According to SNE data, in the power battery sector, the company ranked first globally in power battery usage for eight consecutive years, with a global market share of 37.9% in 2024. In the ESS sector, the company ranked first globally in ESS battery shipments for four consecutive years, with a global market share of 36.5% in 2024.

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