REPT BATTERO (00666) saw its intraday gain exceed 6%. At the time of writing, the stock was up 5.54%, trading at HKD 12.58, with a turnover of HKD 85.4353 million.
REPT BATTERO recently released its first profit alert since listing. The announcement indicates that the company expects to achieve a net profit between RMB 630 million and RMB 730 million for the year ending December 31, 2025, successfully turning a loss into a profit. The key drivers behind this profit breakthrough are the synergistic effect of two major factors: a continuous increase in the shipment volume of power and energy storage battery products, effectively driving steady revenue growth, coupled with improved capacity utilization and the implementation of cost-reduction and efficiency-enhancement measures, leading to a significant improvement in gross profit.
Bank of Communications International points out that, benefiting from the accelerated global energy transition, the energy storage industry is expected to maintain a high growth trajectory in 2026. REPT BATTERO has precisely targeted the residential storage segment, with its shipment volume ranking among the top in the industry. To support market expansion, the company has a clear capacity plan: production capacity is set at 90 GWh for 2025, with plans to expand to approximately 120 GWh and 150 GWh in 2026/27, respectively, which is expected to continuously unleash economies of scale. In terms of products, the company is no longer limited to selling individual battery cells or modules but is actively promoting DC-side system integration products, which is anticipated to drive a structural improvement in the overall gross margin of its energy storage business segment.