Contemporary Amperex Technology (300750) Q2 2026 earnings summary

Executive summary

• Achieved revenue of RMB 276.92 billion, up 54.80% year-over-year for H1 2026, with net profit attributable to shareholders of RMB 43.28 billion, up 41.98% year-over-year.

• Maintained global leadership in both power battery and energy storage battery markets, with global power battery market share rising to 40.2% and energy storage battery shipments ranked first worldwide.

• Announced a mid-year cash dividend of RMB 14.11 per 10 shares, totaling RMB 6.49 billion, and completed a significant H-share placement and A-share buyback.

• Continued strong R&D investment, product innovation, and expansion of production capacity domestically and internationally.

Financial highlights

• Revenue: RMB 276.92 billion, up 54.80% year-over-year; net profit: RMB 43.28 billion, up 41.98%.

• Gross margin: 23.93%, down 1.09 percentage points year-over-year.

• Basic and diluted EPS: RMB 9.51, up 37.43% year-over-year.

• Operating cash flow: RMB 60.22 billion, up 2.61% year-over-year.

• Total assets: RMB 1.14 trillion, up 16.83% from year-end 2025.

Outlook and guidance

• Expects continued growth driven by global energy transition, electrification, and AI/data center demand.

• Will further expand production capacity, strengthen supply chain integration, and accelerate innovation in battery chemistry and recycling.

• Maintains focus on global market expansion and new application scenarios (marine, aviation, data centers).