CBAT - CBAK Energy Technology Inc Stock Price, Fair Value and News

0.91USD-0.04 (-4.21%)Market Closed

Market Summary

USD0.91-0.04

Market Closed

-4.21%

CBAT Stock Price

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CBAT RSI Chart

CBAT Valuation

Market Cap

81.8M

Price/Earnings (Trailing)

-33.41

Price/Sales (Trailing)

0.4

EV/EBITDA

5.94

Price/Free Cashflow

5.33

CBAT Price/Sales (Trailing)

CBAT Profitability

Operating Margin

15.52%

EBT Margin

-2.96%

Return on Equity

-2.16%

Return on Assets

-0.87%

Free Cashflow Yield

18.78%

CBAT Fundamentals

CBAT Revenue

Revenue (TTM)

204.4M

Rev. Growth (Yr)

3.16%

Rev. Growth (Qtr)

-11.45%

CBAT Earnings

Earnings (TTM)

-2.4M

Earnings Growth (Yr)

55.43%

Earnings Growth (Qtr)

-175.27%

Breaking Down CBAT Revenue

Last 7 days

8.3%

Last 30 days

-14.1%

Last 90 days

-15.7%

Trailing 12 Months

2.5%

How does CBAT drawdown profile look like?

CBAT Financial Health

Current Ratio

0.8

CBAT Investor Care

Shares Dilution (1Y)

0.56%

Diluted EPS (TTM)

-0.04

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	210.9M	197.0M	202.7M	204.4M
2022	123.4M	173.9M	222.1M	248.7M
2021	39.9M	41.2M	40.1M	52.7M
2020	23.9M	24.3M	26.8M	37.4M
2019	26.3M	24.5M	27.0M	22.2M
2018	58.0M	57.7M	45.5M	24.4M
2017	8.9M	13.9M	31.3M	58.4M
2016	16.7M	13.6M	10.4M	8.4M
2015	77.8M	50.5M	23.1M	19.9M
2014	151.8M	154.2M	123.0M	105.2M
2013	208.8M	207.5M	185.6M	163.0M
2012	213.2M	213.0M	205.5M	197.5M
2011	216.9M	217.9M	219.0M	227.2M
2010	0	213.0M	214.8M	215.8M
2009	0	0	211.1M	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of CBAK Energy Technology Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jun 01, 2021	asia evk new energy auto ltd	gifted	-	-	-1,300,000	-
Jun 03, 2020	li yunfei	bought	990,058	0.48	2,062,620	ceo
Jun 03, 2020	asia evk new energy auto ltd	bought	1,032,490	0.48	2,151,020	-
Sep 04, 2019	asia evk new energy auto ltd	bought	2,907,910	1.05	2,769,440	-
Jan 07, 2019	li yunfei	bought	1,700,000	1.02	1,666,670	ceo

Which funds bought or sold CBAT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	sold off	-100	-945	-	-%
Apr 03, 2024	WealthCollab, LLC	new	-	1,178	1,178	-%
Apr 01, 2024	Global Wealth Strategies & Associates	new	-	125	125	-%
Apr 01, 2024	AZZAD ASSET MANAGEMENT INC /ADV	reduced	-0.01	10,696	48,628	0.01%
Mar 15, 2024	B. Riley Wealth Advisors, Inc.	unchanged	-	2,818	12,810	-%
Feb 14, 2024	Empowered Funds, LLC	added	9.9	76,999	265,267	0.01%
Feb 14, 2024	CITADEL ADVISORS LLC	reduced	-17.05	7,513	125,919	-%
Feb 14, 2024	Royal Bank of Canada	sold off	-100	-2,000	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	3.86	160,159	643,267	0.01%

Are Funds Buying or Selling CBAT?

Are funds buying CBAT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CBAT

No. of Funds

Unveiling CBAK Energy Technology Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 16, 2021	asia evk new energy auto ltd	14.60%	9,702,615	SC 13G/A
Jun 17, 2020	mao shibin	8.58%	5,404,880	SC 13G
Jun 17, 2020	mao shibin	8.58%	5,404,880	SC 13G
Jun 17, 2020	wang lijuan	6.34%	3,993,422	SC 13G
Jun 17, 2020	wang lijuan	6.34%	3,993,422	SC 13G
Jun 12, 2020	shen ping	13.76%	8,668,983	SC 13G
Jun 12, 2020	shen ping	13.76%	8,668,983	SC 13G
Jun 09, 2020	li yunfei	17.03%	10,726,705	SC 13D/A
Jun 09, 2020	li yunfei	17.03%	10,726,705	SC 13D/A
Feb 12, 2020	asia evk new energy auto ltd	14.31%	7,551,598	SC 13G/A

Recent SEC filings of CBAK Energy Technology Inc

View All Filings

Date Filed	Form Type	Document
Mar 15, 2024	8-K	Current Report
Mar 15, 2024	10-K	Annual Report
Jan 09, 2024	8-K	Current Report

Peers (Alternatives to CBAK Energy Technology Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	49.8B	22.1B	-2.77%	25.21%	34.61	2.26	8.21%	-59.82%
BLDR	22.5B	17.1B	-5.57%	95.63%	14.61	1.32	-24.77%	-43.97%
HUBB	21.6B	5.4B	1.95%	76.89%	28.43	4.02	8.59%	39.18%
CSL	17.8B	4.8B	0.44%	76.93%	23.22	3.68	-14.85%	-16.95%
LECO	13.6B	4.2B	-3.83%	50.25%	24.9	3.24	11.44%	15.46%
MID-CAP
AYI	7.8B	3.9B	-2.48%	59.82%	20.56	2.02	-6.35%	-0.40%
AAON	7.1B	1.2B	5.71%	36.96%	40.03	6.09	31.47%	76.96%
ATKR	6.5B	3.5B	-1.66%	33.59%	9.88	1.86	-10.84%	-25.77%
AEIS	3.5B	1.7B	-0.87%	4.14%	27.62	2.14	-10.27%	-35.75%
PLUG	2.0B	891.3M	-14.41%	-68.47%	-1.42	2.19	27.07%	-89.06%
SMALL-CAP
APOG	1.2B	1.4B	-1.28%	33.77%	11.98	0.89	-1.78%	53.96%
ACTG	493.5M	130.3M	6.24%	30.69%	7.36	3.79	54.06%	153.62%
ACCO	475.6M	1.8B	-4.57%	-1.57%	-21.82	0.26	-5.89%	-65.15%
FCEL	460.9M	103.0M	-7.27%	-54.05%	-4.5	4.47	-24.12%	-2.70%
APT	66.9M	61.2M	1.74%	45.27%	15.98	1.09	-1.21%	27.64%

CBAK Energy Technology Inc News

Latest updates

CBAK Energy Technology Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-11.4%	56,180	63,441	42,421	42,397	54,458	57,722	56,350	80,196	27,802	9,562	5,889	9,416	15,258	10,621	4,624	6,901	4,662	8,090	4,271	5,172	9,481
Cost Of Revenue	-15.0%	43,494	51,193	38,536	39,491	50,675	54,261	50,814	74,880	26,760	8,431	4,792	7,577	14,374	9,246	4,537	6,695	4,250	7,431	4,491	5,401	9,546
Gross Profit	3.6%	12,685	12,249	3,885	2,906	3,783	3,460	5,535	5,316	1,042	1,131	1,098	1,839	1,046	1,375	88.00	206	412	659	-219	-229	-64.90
Operating Expenses	166.9%	18,572	6,959	7,658	5,787	12,614	4,943	5,391	6,652	6,829	4,305	3,821	1,867	7,033	981	997	2,182	4,397	2,159	1,846	2,309	3,556
S&GA Expenses	88.4%	2,103	1,116	964	721	-354	835	698	830	1,039	510	539	213	349	157	101	94.00	115	279	262	364	1,097
R&D Expenses	51.9%	3,914	2,578	2,981	2,455	2,637	2,386	2,299	3,313	1,929	1,816	1,045	484	549	446	385	299	480	478	513	434	512
EBITDA Margin	174.6%	0.02*	-0.03*	-0.05*	-0.03*	-0.02*	0.05*	0.17*	0.25*	1.10*	1.26*	0.73*	0.64*	-0.17*	-	-	-	-	-	-	-	-
Interest Expenses	100.0%	-	-447	252	5.00	419	687	-620	5.00	610	129	53.00	-7.60	-576	-357	-385	269	291	331	409	347	292
Income Taxes	1246.5%	3,502	-305	-307	-402	-1,312	-2.01	180	-93.55	-7,733	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-203.7%	-5,657	5,459	-3,246	-2,607	-13,488	-850	1,196	587	1,474	20,023	2,720	29,608	-4,336	42.00	-1,198	-2,354	-3,924	-1,787	-2,334	-2,807	-3,864
EBT Margin	56.8%	-0.03*	-0.07*	-0.10*	-0.07*	-0.05*	0.01*	0.13*	0.20*	1.02*	1.20*	0.68*	0.60*	-0.21*	-	-	-	-	-	-	-	-
Net Income	-175.3%	-4,768	6,335	-2,634	-1,380	-10,697	-290*	805	444	9,157	20,020	2,701	29,608	-4,336	42.00	-1,198	-2,354	-3,924	-1,787	-2,334	-2,807	-3,866
Net Income Margin	71.0%	-0.01*	-0.04*	-0.07*	-0.05*	-0.04*	0.05*	0.17*	0.26*	1.17*	1.20*	0.68*	0.60*	-0.21*	-	-	-	-	-	-	-	-
Free Cashflow	4451.1%	19,559	-449	3,694	6,908	-4,192	-4,067	8,668	2,333	1,307	-9,163	-10,707	-4,917	-13,673	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-2.0%	281	287	252	252	244	251	270	279	263	191	192	204	143	102	92.00	94.00	96.00	110	118	123	128
Current Assets	-5.8%	128	136	-	-	126	-	-	-	-	60.00	93.00	120	63.00	35.00	28.00	28.00	28.00	42.00	47.00	50.00	56.00
Cash Equivalents	1752.0%	59.00	3.00	3.00	8.00	7.00	42.00	41.00	31.00	26.00	18.00	52.00	81.00	21.00	8.00	6.00	6.00	7.00	9.00	18.00	18.00	18.00
Inventory	-10.8%	33.00	37.00	42.00	51.00	49.00	53.00	55.00	42.00	30.00	9.00	10.00	6.00	5.00	4.00	5.00	7.00	9.00	11.00	9.00	9.00	10.00
Net PPE	-2.1%	92.00	94.00	88.00	88.00	90.00	88.00	85.00	89.00	90.00	42.00	40.00	40.00	41.00	45.00	36.00	37.00	38.00	41.00	43.00	44.00	39.00
Goodwill	-	-	-	-	-	-	1.00	2.00	2.00	2.00	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	0.2%	168	167	138	129	120	124	134	137	122	69.00	90.00	106	90.00	85.00	77.00	83.00	82.00	99.00	112	120	127
Current Liabilities	-0.5%	160	161	132	122	112	116	126	127	113	49.00	73.00	89.00	74.00	71.00	64.00	60.00	59.00	76.00	89.00	85.00	93.00
Short Term Borrowings	-	-	-	27.00	19.00	15.00	18.00	17.00	15.00	9.00	-	-	-	-	-	6.00	6.00	6.00	-	-	-	-
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	14.00	14.00	-	-	-	-	-	-	-	-
Shareholder's Equity	-1.0%	113	115	114	123	117	128	136	142	141	122	102	98.00	52.00	17.00	15.00	12.00	14.00	12.00	6.00	3.00	0.00
Retained Earnings	-3.7%	-134	-129	-135	-133	-131	-121	-121	-122	-122	-131	-151	-154	-183	-179	-179	-178	-176	-172	-170	-168	-165
Additional Paid-In Capital	0.1%	247	247	247	246	246	243	242	242	242	241	241	241	225	187	185	181	180	175	167	161	156
Shares Outstanding	1.0%	90.00	89.00	89.00	89.00	89.00	89.00	89.00	89.00	89.00	87.00	88.00	84.00	79.00	-	-	-	-	-	-	-	-
Minority Interest	-87.2%	1.00	5.00	6.00	6.00	7.00	7.00	8.00	8.00	8.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Float	-	-	-	-	-	-	-	83.00	-	-	-	363	-	-	-	21.00	-	-	-	20.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	423.8%	25,762	4,918	6,306	9,521	-1,580	-643	12,288	5,051	2,969	-4,815	-3,188	764	-9,997	2,918	1,296	686	-7,316	-9,013	-868	-4,023	-414
Share Based Compensation	103.8%	266	130	824	5.00	7.00	11.00	11.00	35.00	-	-	-	-	188	162	154	300	337	396	18.00	18.00	32.00
Cashflow From Investing	-48.1%	-13,573	-9,167	-12,353	-7,216	1,995	-3,585	-3,619	-2,717	9,424	-29,822	-12,000	-5,681	-3,676	-1,254	-518	-261	-421	-591	-184	-1,222	-766
Cashflow From Financing	-98.6%	90.00	6,374	8,959	3,192	-6,789	7,456	3,046	1,899	-2,777	-151	-14,149	65,350	28,156	-251	-140	-1,937	6,259	1,200	1,081	5,010	-975

CBAT Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net revenues	$ 204,438,365	$ 248,725,485
Cost of revenues	(172,714,042)	(230,630,161)
Gross profit	31,724,323	18,095,324
Operating expenses:
Research and development expenses	(11,928,070)	(10,635,486)
Sales and marketing expenses	(4,903,926)	(2,007,812)
General and administrative expenses	(13,789,108)	(9,737,711)
Impairment charge on long-lived assets	(7,070,236)	(4,831,708)
Impairment charge on goodwill		(1,556,078)
Provision for expected credit losses and bad debts written off	(1,284,795)	(831,132)
Total operating expenses	(38,976,135)	(29,599,927)
Operating loss	(7,251,812)	(11,504,603)
Finance income, net	432,900	491,060
Other (expenses) income, net	3,023,238	(7,252,475)
Impairment charges on equity investee	(2,366,080)
Share of loss of equity investee	(27,428)
Changes in fair value of warrants liability	136,000	5,710,000
Loss before income tax	(6,053,182)	(12,556,018)
Income tax credit (expenses), net	(2,486,145)	1,228,207
Net loss	(8,539,327)	(11,327,811)
Less: Net loss attributable to non-controlling interests	6,090,270	1,879,365
Net loss attributable to shareholders of CBAK Energy Technology, Inc.	(2,449,057)	(9,448,446)
Net loss	(8,539,327)	(11,327,811)
Other comprehensive loss
– Foreign currency translation adjustment	(3,606,576)	(11,189,175)
Comprehensive loss	(12,145,903)	(22,516,986)
Less: Comprehensive loss attributable to non-controlling interests	6,249,087	2,425,879
Comprehensive loss attributable to CBAK Energy Technology, Inc.	$ (5,896,816)	$ (20,091,107)
Loss per share
– Basic (in Dollars per share)	$ (0.03)	$ (0.11)
– Diluted (in Dollars per share)	$ (0.03)	$ (0.11)
Weighted average number of shares of common stock:
– Basic (in Shares)	89,252,085	88,927,671
– Diluted (in Shares)	89,252,085	88,927,671

CBAT Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 4,643,267	$ 6,519,212
Pledged deposits	54,179,549	30,836,864
Trade and bills receivable, net	28,653,047	27,413,575
Inventories	33,413,422	49,446,291
Prepayments and other receivables	7,459,254	5,915,080
Receivables from former subsidiary	74,946	5,518,052
Income tax recoverable		57,934
Total current assets	128,423,485	125,707,008
Property, plant and equipment, net	91,628,832	90,004,527
Construction in progress	37,797,862	9,954,202
Long-term investments, net	2,565,005	945,237
Prepaid land use rights	11,712,704	12,361,163
Intangible assets, net	841,360	1,309,058
Deposit paid for acquisition of long-term investments	7,101,492
Operating lease right-of-use assets, net	1,084,520	1,264,560
Deferred tax assets, net		2,486,979
Total assets	281,155,260	244,032,734
Current liabilities
Trade and bills payable	82,429,575	67,491,435
Short-term bank borrowings	32,587,676	14,907,875
Other short-term loans	339,552	689,096
Accrued expenses and other payables	41,992,540	25,605,661
Payable to a former subsidiary, net	411,111	358,067
Deferred government grants, current	375,375	1,299,715
Product warranty provisions	23,870	26,215
Warrants liability		136,000
Operating lease liability, current	691,992	575,496
Finance lease liability, current	1,643,864	844,297
Total current liabilities	160,495,555	111,933,857
Deferred government grants, non-current	6,203,488	5,577,020
Product warranty provisions	522,574	450,613
Operating lease liability, non-current	475,302	607,222
Accrued expenses and other payables, non-current		1,085,525
Total liabilities	167,696,919	119,654,237
Commitments and contingencies
Shareholders’ equity
Common stock $0.001 par value; 500,000,000 authorized; 89,135,064 issued and 88,990,858 outstanding as of December 31, 2022; and 90,063,396 issued and 89,919,190 outstanding as of December 31, 2023	90,063	89,135
Donated shares	14,101,689	14,101,689
Additional paid-in capital	247,465,817	246,240,998
Statutory reserves	1,230,511	1,230,511
Accumulated deficit	(134,395,762)	(131,946,705)
Accumulated other comprehensive loss	(11,601,403)	(8,153,644)
Stockholders' equity (deficit) before Treasury Stock	116,890,915	121,561,984
Less: Treasury shares	(4,066,610)	(4,066,610)
Total shareholders’ equity	112,824,305	117,495,374
Non-controlling interests	634,036	6,883,123
Total equity	113,458,341	124,378,497
Total liabilities and shareholder’s equity	$ 281,155,260	$ 244,032,734

About CBAK Energy Technology Inc

CBAK Energy Technology, Inc., together with its subsidiaries, manufactures and sells lithium batteries in Mainland China, the United States, 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. was incorporated in 1999 and is based in Dalian, China.

CEO	Mr. Yunfei Li
WEBSITE	cbak.com.cn
INDUSTRY	Communication Equipment
EMPLOYEES	1063

CBAK Energy Technology Inc Frequently Asked Questions

What is the ticker symbol for CBAK Energy Technology Inc? What does CBAT stand for in stocks?

CBAT is the stock ticker symbol of CBAK Energy Technology Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CBAK Energy Technology Inc (CBAT)?

As of Mon Apr 15 2024, market cap of CBAK Energy Technology Inc is 81.83 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CBAT stock?

You can check CBAT's fair value in chart for subscribers.

What is the fair value of CBAT stock?

You can check CBAT's fair value in chart for subscribers. The fair value of CBAK Energy Technology Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CBAK Energy Technology Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CBAT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CBAK Energy Technology Inc a good stock to buy?

The fair value guage provides a quick view whether CBAT is over valued or under valued. Whether CBAK Energy Technology Inc is cheap or expensive depends on the assumptions which impact CBAK Energy Technology Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CBAT.

What is CBAK Energy Technology Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, CBAT's PE ratio (Price to Earnings) is -33.41 and Price to Sales (PS) ratio is 0.4. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CBAT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CBAK Energy Technology Inc's stock?

In the past 10 years, CBAK Energy Technology Inc has provided -0.104 (multiply by 100 for percentage) rate of return.