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CBAT

CBAK Energy Technology NasdaqCM:CBAT Stock Report

Last Price

US$1.54

Market Cap

US$137.0m

7D

18.5%

1Y

-50.8%

Updated

15 Aug, 2022

Data

Company Financials
CBAT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

CBAT Stock Overview

CBAK Energy Technology, Inc., together with its subsidiaries, develops, manufactures, and sells lithium batteries in Mainland China, the United States, Korea, Europe, and internationally.

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$1.54
52 Week HighUS$3.57
52 Week LowUS$0.92
Beta2.84
1 Month Change35.09%
3 Month Change46.67%
1 Year Change-50.80%
3 Year Change59.42%
5 Year Change8.07%
Change since IPO-92.75%

Recent News & Updates

Aug 15

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

CBAK Energy Technology press release (NASDAQ:CBAT): Q2 GAAP EPS of $0.00. Revenue of $56.35M (+856.7% Y/Y). CEO comment: "Despite that the inflation of materials price resulted from capacity shortage has increased our costs, we still managed to sustain a highly rapid growth in revenues, of which revenues from our battery business grew by over 3 times. Our management team is highly confident about the company's future and its potential for quicker growth."

Apr 14

CBAK Talks Up Acquisition Of Troubled Supplier, But Investors Unimpressed

CBAK says a troubled battery materials supplier it acquired late last year generated about four times its own revenue in the first nine months of 2021. Filings show financials for the acquired company remain shaky, with its operations producing large cash deficits. The market for electric vehicle batteries in China is booming as Beijing throws its weight behind environmentally friendly cars.

Shareholder Returns

CBATUS ElectricalUS Market
7D18.5%4.8%3.6%
1Y-50.8%-13.4%-9.6%

Return vs Industry: CBAT underperformed the US Electrical industry which returned -13.8% over the past year.

Return vs Market: CBAT underperformed the US Market which returned -10.2% over the past year.

Price Volatility

Is CBAT's price volatile compared to industry and market?
CBAT volatility
CBAT Average Weekly Movement11.0%
Electrical Industry Average Movement11.5%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: CBAT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: CBAT's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19991,054Yunfei Lihttps://www.cbak.com.cn

CBAK Energy Technology, Inc., together with its subsidiaries, develops, manufactures, and sells lithium batteries in Mainland China, the United States, Korea, Europe, and internationally. Its products are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles that include electric bicycles, electric motors, and sight-seeing cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools. The company was formerly known as China BAK Battery, Inc. and changed its name to CBAK Energy Technology, Inc. in January 2017.

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$137.02m
Earnings (TTM)US$32.32m
Revenue (TTM)US$123.45m

4.2x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBAT income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$0
EarningsUS$0

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Aug 15, 2022

Earnings per share (EPS)0.36
Gross Margin6.96%
Net Profit Margin26.18%
Debt/Equity Ratio10.9%

How did CBAT perform over the long term?

See historical performance and comparison