HK Stock Market Move | CALB (03931) rose by over 5%. Net profit increased by nearly 1.5 times year-on-year last year. Profit is driven upwards by industry demand prosperity.

CALB (03931) rose more than 5%, as of the time of publication, it was up 5.25% to HKD 33.28, with a turnover of HKD 3.5 billion. In terms of news, CALB announced its performance for the 2025 fiscal year, with the group achieving revenue of RMB 44.4 billion, a year-on-year increase of 59.99%; the net profit attributable to owners of the company was RMB 1.476 billion, a year-on-year increase of 149.6%. The announcement stated that during the reporting period, the group's revenue came from sales of power batteries, energy storage system products, and others. The group's revenue growth is mainly due to the continuous high growth of the group's leading technology products in the fields of passenger, commercial, and energy storage. Shenwan Hongyuan Group previously pointed out that industry demand is on the rise, and the company's profitability can be expected after the volume of dynamic storage. Currently, the downstream of lithium batteries, the new energy passenger vehicles are gradually popularizing, and the energy storage side is entering a period of explosive growth with the arrival of light storage price parity. As a leading company in the lithium battery industry, the company is expected to benefit fully from the value creation of its lean manufacturing while continuously increasing its industry share.