It is concluded that the current CATL is a profit model dominated by power batteries, and the lithium battery industry chain is constantly improving its layout. The profit model of the enterprise is not unchanging but changing with the development of the enterprise.
CATL laid out key upstream resources by holding shares, establishing joint ventures, signing strategic agreements and other ways, which greatly eased the pressure on raw material costs. The downstream of the power battery is the car enterprise. CATL locked the order in advance by deeply binding the downstream high-quality car enterprises.
The power battery revenue accounts for about 80% of the operating revenue. In 2021, the power battery system revenue will be 91.491 billion yuan, a year-on-year increase of 132.06%, and the gross profit margin will be 22.00%, a year-on-year decrease of 4.56%.
As the most representative enterprise in China’s power battery enterprises, CATL has become the leading enterprise in China’s power battery enterprises by virtue of its first mover advantage, technological advantage and scale advantage in the power battery industry.
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