Shares of battery manufacturer Rept gain momentum on Hong Kong Stock Exchange
REPT Battero Energy, a Chinese power battery maker listed on the Hong Kong Stock Exchange (HKEX, stock code 00666), has demonstrated impressive growth in the first half of 2025. The company, which began mass production and delivery of lithium-ion batteries in April 2019, reported revenue between RMB 9.3 billion and RMB 9.8 billion for the six months ended June 30, 2025. This marks a year-on-year increase of approximately 22.4% to 29.0%.
The net loss attributable to shareholders is expected to narrow dramatically to between RMB 50 million and RMB 100 million, an 84.8% to 92.4% improvement from a RMB 658 million loss in the prior-year period. This improvement is attributed to expanding shipments of EV and ESS battery products, gross profit growth via resource integration and cost reduction, and strategic efficiency enhancements.
As of late July 2025, REPT Battero Energy's market capitalization stood at approximately HK$28.01 billion. Financial health indicators show some challenges, including a quick ratio of 0.64 and a negative return on equity around -10.04%, though operational improvements are evident.
REPT Battero Energy ranks No. 2 in battery loading volume for heavy-duty trucks and battery-swapping heavy-duty trucks in China, reflecting strong market demand for their heavy-duty transportation battery solutions.
In comparison to CALB (Contemporary Amperex Lithium Battery Co., Ltd.), the search results do not provide explicit recent performance or market capitalization data for CALB to directly compare with REPT Battero Energy. Generally, CALB is a leading large-scale lithium battery manufacturer in China and typically has a larger market capitalization and stronger profitability metrics given its market position. However, without specific recent figures in the search results, a precise comparison cannot be made based on the provided data.
Here's a summary of the comparison:
| Aspect | REPT Battero Energy (00666) | CALB (Data Not Provided) | |-------------------------|-------------------------------------------------|-------------------------------------| | Revenue Growth H1 2025 | RMB 9.3-9.8 billion, +22.4% to +29.0% year-on-year | No recent data found | | Net Loss H1 2025 | Reduced by ~85-92% to RMB 50-100 million | No recent data found | | Market Capitalization | HK$28.01 billion | No recent data found | | Market Position | No. 2 in heavy-duty truck battery loading volume | Leading lithium battery manufacturer | | Financial Ratios | P/B 2.32, negative ROE (-10.04%) | No recent data found |
Without current CALB figures, the direct performance and market cap comparison is incomplete. However, REPT Battero Energy shows strong recent revenue growth and improving losses with a respectable market cap for a mid-growth firm listed in Hong Kong.
For a complete comparison, additional data sources would be needed to provide specific up-to-date figures on CALB.
REPT Battero Energy made its HK stock market debut on December 18, 2023, under the stock code 0666. The company is backed by Chinese stainless steel and nickel giant Tsingshan Industry. As of the current market capitalization, REPT Battero Energy's market cap is above CALB's HK$21.7 billion.
In recent trading, Rept Battero Energy's share price fell 9.77% to HK$13.48 on Friday. However, at press time, the share price was up 42.43% to HK$19.2. The debut of Rept on the HK stock market marks its entry as an EV battery maker. The company was included in the Mainland-Hong Kong stock connect mechanism, effective March 4, and was also added to the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect lists, effective the same day.
[1] https://www.reuters.com/business/energy-environment/rept-battero-energy-says-expects-net-loss-attributable-shareholders-improve-2025-07-29/ [2] https://www.bloomberg.com/quote/00666:HK [3] https://www.reuters.com/business/energy-environment/rept-battero-energy-says-expects-net-loss-attributable-shareholders-improve-2025-07-29/ [4] https://www.reuters.com/business/autos-transportation/rept-battero-energy-becomes-no-2-china-heavy-duty-truck-battery-maker-2021-08-24/ [5] https://www.reuters.com/business/energy-environment/rept-battero-energy-says-expects-net-loss-attributable-shareholders-improve-2025-07-29/
- Despite the falling share price of REPT Battero Energy in recent trading, it experienced a significant increase at press time, indicating a positive market sentiment towards the company.
- The impressive revenue growth and narrowing net loss of REPT Battero Energy suggest a promising financial outlook for the company in the evolving energy production market.
- The complex financial ratios of REPT Battero Energy indicate some operational challenges, but these are offset by the company's strong position in the heavy-duty truck battery market and strategic partnerships.
- A comprehensive comparison between REPT Battero Energy and the leading lithium battery manufacturer CALB requires up-to-date market capitalization and performance data.
