Contemporary Amperex Technology (SZSE:300750) - Share price, News & Analysis

300750 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	6/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

300750 Stock Overview

Contemporary Amperex Technology Co., Limited engages in the manufacture and sale of electric vehicle and energy storage battery systems worldwide.

Rewards

Trading at 2% below our estimate of its fair value

Earnings are forecast to grow 30.32% per year

Earnings grew by 127.6% over the past year

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months

Contemporary Amperex Technology Competitors

Tesla

NasdaqGS:TSLA

US$750.5b

BYD

SEHK:1211

HK$821.0b

LG Energy Solution

KOSE:A373220

₩93.7t

Nidec

TSE:6594

JP¥4.8t

Price History & Performance

Summary of all time highs, changes and price drops for Contemporary Amperex Technology
Historical stock prices
Current Share Price	CN¥407.01
52 Week High	CN¥692.00
52 Week Low	CN¥353.00
Beta	1.07
1 Month Change	-9.73%
3 Month Change	-22.77%
1 Year Change	9.07%
3 Year Change	484.03%
5 Year Change	n/a
Change since IPO	1,024.34%

Shareholder Returns

	300750	CN Electrical	CN Market
7D	10.5%	7.4%	2.9%
1Y	9.1%	4.9%	-15.8%

Return vs Industry: 300750 exceeded the CN Electrical industry which returned 7.7% over the past year.

Return vs Market: 300750 exceeded the CN Market which returned -14.6% over the past year.

Price Volatility

Is 300750's price volatile compared to industry and market?
300750 volatility
300750 Average Weekly Movement	8.7%
Electrical Industry Average Movement	7.3%
Market Average Movement	7.4%
10% most volatile stocks in CN Market	10.3%
10% least volatile stocks in CN Market	5.3%

Stable Share Price: 300750 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 300750's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

Founded	Employees	CEO	Website
2011	83,601	Huang Shilin	https://www.catl.com

Contemporary Amperex Technology Co., Limited engages in the manufacture and sale of electric vehicle and energy storage battery systems worldwide. The company’s products are used in road passenger transport and heavy-duty transport application; light trucks, minibuses, and minivans for express, supermarket, and fresh food deliveries; electric washing vehicles, electric washing and sweeping vehicles, electric garbage trucks, and other vehicles; forklifts and slag trucks; two-wheeled vehicles for commuting, food delivery, express delivery, etc.; vessel electrification; and special vehicle solutions. It also provides battery recycling services.

Contemporary Amperex Technology Fundamentals Summary

How do Contemporary Amperex Technology's earnings and revenue compare to its market cap?
300750 fundamental statistics
Market Cap	CN¥948.68b
Earnings (TTM)	CN¥15.47b
Revenue (TTM)	CN¥159.87b

61.3x

P/E Ratio

5.9x

P/S Ratio

Is 300750 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
300750 income statement (TTM)
Revenue	CN¥159.87b
Cost of Revenue	CN¥125.67b
Gross Profit	CN¥34.20b
Other Expenses	CN¥18.73b
Earnings	CN¥15.47b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	6.64
Gross Margin	21.39%
Net Profit Margin	9.68%
Debt/Equity Ratio	74.2%

How did 300750 perform over the long term?

See historical performance and comparison

Valuation

Is Contemporary Amperex Technology undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

2.0%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 300750 (CN¥407.01) is trading below our estimate of fair value (CN¥415.29)

Significantly Below Fair Value: 300750 is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: 300750 is poor value based on its PE Ratio (61.3x) compared to the CN Electrical industry average (31.6x).

PE vs Market: 300750 is poor value based on its PE Ratio (61.3x) compared to the CN market (30.4x).

Price to Earnings Growth Ratio

PEG Ratio: 300750 is poor value based on its PEG Ratio (2x)

Price to Book Ratio

PB vs Industry: 300750 is overvalued based on its PB Ratio (11.1x) compared to the CN Electrical industry average (2.5x).

Future Growth

How is Contemporary Amperex Technology forecast to perform in the next 1 to 3 years based on estimates from 27 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

30.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300750's forecast earnings growth (30.3% per year) is above the savings rate (3.3%).

Earnings vs Market: 300750's earnings (30.3% per year) are forecast to grow faster than the CN market (23.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 300750's revenue (26.5% per year) is forecast to grow faster than the CN market (17.2% per year).

High Growth Revenue: 300750's revenue (26.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 300750's Return on Equity is forecast to be high in 3 years time (23.3%)

Past Performance

How has Contemporary Amperex Technology performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

37.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 300750 has a high level of non-cash earnings.

Growing Profit Margin: 300750's current net profit margins (9.7%) are lower than last year (11.2%).

Past Earnings Growth Analysis

Earnings Trend: 300750's earnings have grown significantly by 37% per year over the past 5 years.

Accelerating Growth: 300750's earnings growth over the past year (127.6%) exceeds its 5-year average (37% per year).

Earnings vs Industry: 300750 earnings growth over the past year (127.6%) exceeded the Electrical industry -0.5%.

Return on Equity

High ROE: 300750's Return on Equity (18.7%) is considered low.

Financial Health

How is Contemporary Amperex Technology's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 300750's short term assets (CN¥222.3B) exceed its short term liabilities (CN¥204.1B).

Long Term Liabilities: 300750's short term assets (CN¥222.3B) exceed its long term liabilities (CN¥78.5B).

Debt to Equity History and Analysis

Debt Level: 300750 has more cash than its total debt.

Reducing Debt: 300750's debt to equity ratio has increased from 18.2% to 74.2% over the past 5 years.

Debt Coverage: 300750's debt is well covered by operating cash flow (56.2%).

Interest Coverage: 300750 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Contemporary Amperex Technology current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.24%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 300750's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 300750's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 300750's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 300750's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: 300750 is not paying a notable dividend for the CN market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 300750 has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Capital Goods industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average board tenure

CEO

Huang Shilin

no data

Tenure

Huang Shilin is Director of Contemporary Amperex Technology Co., Limited from December 30, 2021 and serves as President.

Board Members

Experienced Board: 300750's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/16 00:00
End of Day Share Price	2022/05/16 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31