Directory profiles · Battery Business Directory
Organizations mentioned or cited on this 2023 report page. A historical mention does not establish current products, availability or endorsement.
Sources and links on page 48 (5)
Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.
- https://www.wsj.com/market-data/quotes/CN/XSHE/300750/financials/annual/income-statement
- https://www.wsj.com/market-data/quotes/KR/XKRX/006400/financials/annual/income-statement
- https://www.wsj.com/market-data/quotes/KR/XKRX/373220/financials/annual/income-statement
- https://www.wsj.com/market-data/quotes/HK/XHKG/3931/financials/annual/income-statement
- https://www.wsj.com/market-data/quotes/CN/XSHE/002074/financials/annual/income-statement
Text on page 48
Cell & Pack Manufacturing
Overview Of Cell & Pack Manufacturers’ Margins
Overview Of Cell & Pack Manufacturers’ Margins
Margin Analysis Gross margins steadily declined over the last 5 years as material prices pressured midstream suppliers like cathode and anode manufacturers, which in turn reduced cell & pack manufacturing margins. Notably, CATL exhibited a linear decline from 30% to sub-20% gross margins, while net margins expanded aggressively as non-cost of goods sold expenses plateaued as a direct result of an expansion in economies of scale.
Source: CATL, Samsung SDI, LG Energy Solutions, CALB, Gotion
Extracted from the PDF; charts and images may read imperfectly.
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