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CBAK Energy Technology NasdaqCM:CBAT Stock Report

Last Price

US$1.55

Market Cap

US$139.4m

7D

19.2%

1Y

29.2%

Updated

31 May, 2024

Data

Company Financials +

CBAK Energy Technology, Inc.

NasdaqCM:CBAT Stock Report

Market Cap: US$139.4m

CBAT Stock Overview

CBAK Energy Technology, Inc., together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally.

CBAT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance2/6
Financial Health5/6
Dividends0/6

CBAK Energy Technology, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CBAK Energy Technology
Historical stock prices
Current Share PriceUS$1.55
52 Week HighUS$1.56
52 Week LowUS$0.76
Beta1.82
1 Month Change35.37%
3 Month Change51.96%
1 Year Change29.17%
3 Year Change-64.69%
5 Year Change58.00%
Change since IPO-92.71%

Recent News & Updates

Investors Still Aren't Entirely Convinced By CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Revenues Despite 30% Price Jump

May 08
Investors Still Aren't Entirely Convinced By CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Revenues Despite 30% Price Jump

CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Shares Leap 25% Yet They're Still Not Telling The Full Story

Mar 15
CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Shares Leap 25% Yet They're Still Not Telling The Full Story

It's A Story Of Risk Vs Reward With CBAK Energy Technology, Inc. (NASDAQ:CBAT)

Jan 09
It's A Story Of Risk Vs Reward With CBAK Energy Technology, Inc. (NASDAQ:CBAT)

Recent updates

Investors Still Aren't Entirely Convinced By CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Revenues Despite 30% Price Jump

May 08
Investors Still Aren't Entirely Convinced By CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Revenues Despite 30% Price Jump

CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Shares Leap 25% Yet They're Still Not Telling The Full Story

Mar 15
CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Shares Leap 25% Yet They're Still Not Telling The Full Story

It's A Story Of Risk Vs Reward With CBAK Energy Technology, Inc. (NASDAQ:CBAT)

Jan 09
It's A Story Of Risk Vs Reward With CBAK Energy Technology, Inc. (NASDAQ:CBAT)

CBAK Energy gets $28M battery order from a European customer

Sep 22

CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Share Price Boosted 32% But Its Business Prospects Need A Lift Too

Aug 17
CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Share Price Boosted 32% But Its Business Prospects Need A Lift Too

CBAK Energy Technology GAAP EPS of $0.00, revenue of $56.35M

Aug 15

CBAK Talks Up Acquisition Of Troubled Supplier, But Investors Unimpressed

Apr 14

Sell CBAK Energy Technology, Too Many Red Flags

Dec 27

We Think That There Are Issues Underlying CBAK Energy Technology's (NASDAQ:CBAT) Earnings

Nov 23
We Think That There Are Issues Underlying CBAK Energy Technology's (NASDAQ:CBAT) Earnings

CBAK Energy plans production capacity expansion

Feb 03

CBAK Energy soars on report of NIO planning models with lithium ion batteries

Jan 06

CBAK Energy Does Not Belong To The Electric Vehicle Revolution

Dec 10

CBAK Energy to raise ~$49.2M via registered direct placement

Dec 08

CBAK Energy: Disconnected From Reality

Nov 18

CBAK Energy Technology, Inc. reports Q3 results

Nov 17

Shareholder Returns

CBATUS ElectricalUS Market
7D19.2%-1.9%-1.2%
1Y29.2%29.8%21.5%

Return vs Industry: CBAT exceeded the US Electrical industry which returned 29.8% over the past year.

Return vs Market: CBAT exceeded the US Market which returned 21.5% over the past year.

Price Volatility

Is CBAT's price volatile compared to industry and market?
CBAT volatility
CBAT Average Weekly Movement10.6%
Electrical Industry Average Movement10.3%
Market Average Movement5.8%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.9%

Stable Share Price: CBAT's share price has been volatile over the past 3 months.

Volatility Over Time: CBAT's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a1,456Yunfei Liwww.cbak.com.cn

CBAK Energy Technology, Inc., together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools.

CBAK Energy Technology, Inc. Fundamentals Summary

How do CBAK Energy Technology's earnings and revenue compare to its market cap?
CBAT fundamental statistics
Market capUS$139.41m
Earnings (TTM)US$8.77m
Revenue (TTM)US$220.86m

15.9x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CBAT income statement (TTM)
RevenueUS$220.86m
Cost of RevenueUS$173.26m
Gross ProfitUS$47.60m
Other ExpensesUS$38.83m
EarningsUS$8.77m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.097
Gross Margin21.55%
Net Profit Margin3.97%
Debt/Equity Ratio30.1%

How did CBAT perform over the long term?

See historical performance and comparison
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