CBAK Energy Technology Past Earnings Performance
Past criteria checks 0/6
CBAK Energy Technology has been growing earnings at an average annual rate of 12%, while the Electrical industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 51% per year.
Key information
12.0%
Earnings growth rate
20.2%
EPS growth rate
Electrical Industry Growth | 9.9% |
Revenue growth rate | 51.0% |
Return on equity | -7.5% |
Net Margin | -1.2% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Shares Leap 25% Yet They're Still Not Telling The Full Story
Mar 15It's A Story Of Risk Vs Reward With CBAK Energy Technology, Inc. (NASDAQ:CBAT)
Jan 09CBAK Energy gets $28M battery order from a European customer
Sep 22CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Aug 17CBAK Energy Technology GAAP EPS of $0.00, revenue of $56.35M
Aug 15CBAK Talks Up Acquisition Of Troubled Supplier, But Investors Unimpressed
Apr 14Sell CBAK Energy Technology, Too Many Red Flags
Dec 27We Think That There Are Issues Underlying CBAK Energy Technology's (NASDAQ:CBAT) Earnings
Nov 23CBAK Energy plans production capacity expansion
Feb 03CBAK Energy soars on report of NIO planning models with lithium ion batteries
Jan 06CBAK Energy Does Not Belong To The Electric Vehicle Revolution
Dec 10CBAK Energy to raise ~$49.2M via registered direct placement
Dec 08CBAK Energy: Disconnected From Reality
Nov 18CBAK Energy Technology, Inc. reports Q3 results
Nov 17Revenue & Expenses BreakdownBeta
How CBAK Energy Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 204 | -2 | 20 | 12 |
30 Sep 23 | 203 | -8 | 16 | 11 |
30 Jun 23 | 197 | -15 | 14 | 10 |
31 Mar 23 | 211 | -11 | 13 | 10 |
31 Dec 22 | 249 | -9 | 13 | 11 |
30 Sep 22 | 222 | 10 | 14 | 10 |
30 Jun 22 | 174 | 30 | 14 | 9 |
31 Mar 22 | 123 | 32 | 14 | 8 |
31 Dec 21 | 53 | 61 | 12 | 5 |
30 Sep 21 | 40 | 48 | 9 | 4 |
30 Jun 21 | 41 | 28 | 7 | 3 |
31 Mar 21 | 40 | 24 | 5 | 2 |
31 Dec 20 | 38 | -8 | 5 | 2 |
30 Sep 20 | 27 | -7 | 5 | 2 |
30 Jun 20 | 24 | -9 | 6 | 2 |
31 Mar 20 | 24 | -10 | 6 | 2 |
31 Dec 19 | 22 | -11 | 6 | 2 |
30 Sep 19 | 27 | -11 | 7 | 2 |
30 Jun 19 | 25 | -1 | 7 | 2 |
31 Mar 19 | 26 | -2 | 7 | 2 |
31 Dec 18 | 24 | -2 | 7 | 2 |
30 Sep 18 | 46 | -10 | 8 | 2 |
30 Jun 18 | 58 | -22 | 8 | 2 |
31 Mar 18 | 58 | -22 | 8 | 2 |
31 Dec 17 | 58 | -21 | 8 | 2 |
30 Sep 17 | 31 | -12 | 7 | 2 |
30 Jun 17 | 14 | -14 | 8 | 2 |
31 Mar 17 | 9 | -13 | 8 | 2 |
31 Dec 16 | 8 | -13 | 9 | 2 |
30 Sep 16 | 10 | -13 | 9 | 2 |
30 Jun 16 | 15 | -8 | 6 | 2 |
31 Mar 16 | 16 | -7 | 5 | 2 |
31 Dec 15 | 16 | -5 | 4 | 2 |
30 Sep 15 | 14 | 14 | 4 | 1 |
30 Jun 15 | 10 | 15 | 2 | 1 |
31 Mar 15 | 55 | 7 | 8 | 2 |
31 Dec 14 | 85 | -3 | 13 | 3 |
30 Sep 14 | 123 | -27 | 16 | 4 |
30 Jun 14 | 154 | -85 | 17 | 5 |
31 Mar 14 | 152 | -85 | 13 | 5 |
31 Dec 13 | 163 | -94 | 8 | 5 |
30 Sep 13 | 186 | -116 | 16 | 5 |
30 Jun 13 | 208 | -79 | 33 | 3 |
31 Mar 13 | 209 | -96 | 45 | 4 |
Quality Earnings: CBAT is currently unprofitable.
Growing Profit Margin: CBAT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CBAT is unprofitable, but has reduced losses over the past 5 years at a rate of 12% per year.
Accelerating Growth: Unable to compare CBAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CBAT is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (28.3%).
Return on Equity
High ROE: CBAT has a negative Return on Equity (-7.53%), as it is currently unprofitable.