Contemporary Amperex Technology, CNE100003662

China Renaissance adjusts target to CNY 401 for Contemporary Amperex Technology stock

Published on 10/27/2026 at 09:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

China Renaissance adjusts its target to CNY 401 on October 25, 2026. Contemporary Amperex Technology stock last traded at CNY 233.00 on October 27, 2026.

Earnings and valuation context

China Renaissance adjusted its target to CNY 401 on October 25, 2026.
Third-quarter revenue reached CNY 165.22 billion while net profit rose 14.54 percent.
Contemporary Amperex Technology stock last traded at CNY 233.00 at 3:04 p.m. CST on Shenzhen on October 27, 2026.

Contemporary Amperex Technology, CNE100003662, Illustration mit AI erstellt.

China Renaissance adjusted its price target for Contemporary Amperex Technology to CNY 401 on October 25, 2026, according to MarketScreener. The call comes after third-quarter revenue expanded much faster than profit, making margin performance the key test for the valuation.

Target rises as profit growth slows

MarketScreener reported that Nomura cut its target to CNY 408 from CNY 632, while Citi reduced its target to CNY 479 from CNY 500 after the third-quarter figures. The same report said gross margin fell to 19.30 percent in the third quarter as product mix, higher expenses and tax costs weighed on profitability.

Three dates show the pressure

On October 10, 2026, Contemporary Amperex Technology signed a long-term agreement with SERES to expand a plant-in-plant battery project beyond 20 GWh a year, according to GlobalChinaEV. On October 20, 2026, the company reported third-quarter revenue of CNY 165.22 billion and net profit of CNY 21.25 billion, figures carried by CnEVPost. On October 25, 2026, China Renaissance adjusted its target to CNY 401, the latest dated analyst item listed by MarketScreener.

What does CNY 401 mean for margins?

The target leaves valuation dependent on whether sales growth can translate into earnings. Third-quarter revenue rose 58.58 percent year over year, but net profit increased 14.54 percent and declined 5.77 percent from the second quarter, according to CnEVPost. The company also faces a 2.00 percent battery consumption tax during the fourth quarter, while the battery export rebate is scheduled to end on January 1, 2027.

Next policy dates matter

The export rebate is scheduled to end on January 1, 2027, and the battery consumption tax is scheduled to rise to 4.00 percent on September 1, 2027, according to CnEVPost. Those dates frame the next test for cost sharing with automakers and for the contribution from higher-margin products.

Shenzhen price and valuation

Contemporary Amperex Technology last traded at CNY 233.00 on the Shenzhen Stock Exchange on October 27, 2026 at 3:04 p.m. CST. The quoted 52-week range was CNY 216.51 to CNY 468.75, while market capitalization stood at CNY 1.0 trillion on the same date.