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

1.26USD-0.06 (-4.55%)Delayed

Market Summary

USD1.26-0.06

Delayed

-4.55%

CBAT Stock Price

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CBAT RSI Chart

CBAT Valuation

Market Cap

113.3M

Price/Earnings (Trailing)

12.92

Price/Sales (Trailing)

0.51

EV/EBITDA

4.4

Price/Free Cashflow

8.99

CBAT Price/Sales (Trailing)

CBAT Profitability

Operating Margin

21.55%

EBT Margin

3.25%

Return on Equity

7.23%

Return on Assets

3.06%

Free Cashflow Yield

11.13%

CBAT Fundamentals

CBAT Revenue

Revenue (TTM)

220.9M

Rev. Growth (Yr)

38.74%

Rev. Growth (Qtr)

4.7%

CBAT Earnings

Earnings (TTM)

8.8M

Earnings Growth (Yr)

812.6%

Earnings Growth (Qtr)

306.28%

Breaking Down CBAT Revenue

Last 7 days

10.5%

Last 30 days

37.0%

Last 90 days

17.8%

Trailing 12 Months

65.2%

How does CBAT drawdown profile look like?

CBAT Financial Health

Current Ratio

0.83

CBAT Investor Care

Shares Dilution (1Y)

1.02%

Diluted EPS (TTM)

0.1

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	220.9M	0	0	0
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
May 16, 2024	B. Riley Wealth Advisors, Inc.	unchanged	-	-2,818	9,992	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-8.63	-11,960	113,959	-%
May 15, 2024	Royal Bank of Canada	new	-	5,000	5,000	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	3.37	15,349	658,616	0.01%
May 15, 2024	TWO SIGMA SECURITIES, LLC	new	-	12,687	12,687	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-99.29	-8,122	57.00	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	unchanged	-	-9.00	936	-%
May 15, 2024	MORGAN STANLEY	added	0.01	-173	18,110	-%
May 15, 2024	STATE STREET CORP	reduced	-9.51	-32,900	284,224	-%
May 14, 2024	Trek Financial, LLC	unchanged	-	-149	15,563	-%

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
May 17, 2024	144	Notice of Insider Sale Intent
May 14, 2024	10-Q	Quarterly Report
May 10, 2024	NT 10-Q	NT 10-Q
May 10, 2024	8-K	Current Report
Apr 29, 2024	10-K/A	Annual Report
Apr 16, 2024	S-8	Employee Benefits Plan
Mar 15, 2024	8-K	Current Report
Mar 15, 2024	10-K	Annual 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	58.8B	23.0B	20.26%	50.77%	43.8	2.55	9.35%	-48.07%
HUBB	21.1B	5.5B	0.45%	39.98%	29.05	3.84	8.06%	32.52%
BLDR	20.4B	17.1B	-6.83%	36.60%	13.91	1.19	-18.27%	-40.02%
CSL	19.9B	4.9B	13.40%	94.52%	23.21	4.06	-3.54%	3.11%
LECO	12.9B	-	-4.07%	33.20%	23.62	3.13	6.67%	16.79%
MID-CAP
AYI	8.0B	3.9B	4.36%	61.38%	21.17	2.08	-6.35%	-0.40%
AAON	6.2B	1.2B	-13.17%	22.84%	34.26	5.29	19.83%	50.95%
ATKR	5.5B	3.4B	-10.63%	22.26%	8.95	1.64	-11.52%	-24.82%
AEIS	4.0B	1.6B	14.28%	14.49%	30.83	2.54	-16.80%	-35.75%
PLUG	2.4B	801.3M	18.68%	-58.83%	-1.65	3	3.94%	-88.36%
SMALL-CAP
APOG	1.5B	1.4B	18.99%	70.53%	14.78	1.04	-1.65%	-4.32%
ACTG	538.1M	141.5M	11.62%	34.84%	9.37	3.8	64.77%	235.59%
ACCO	493.5M	1.8B	6.61%	-0.96%	-20.23	0.28	-6.26%	-71.83%
FCEL	366.0M	103.0M	-19.00%	-64.63%	-4	3.55	-24.12%	24.29%
APT	56.3M	60.9M	-21.24%	23.91%	13.37	0.92	4.81%	82.22%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.7%	58,822	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
Cost Of Revenue	-7.9%	40,041	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
Gross Profit	48.1%	18,781	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
Operating Expenses	-54.1%	8,518	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
S&GA Expenses	-18.0%	1,724	2,103	1,116	964	721	-354	835	698	830	1,039	510	539	213	349	157	101	94.00	115	279	262	364
R&D Expenses	-28.1%	2,816	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
EBITDA Margin	297.6%	0.08*	0.02*	-0.03*	-0.05*	-0.03*	-0.02*	0.05*	0.17*	0.25*	1.10*	1.26*	0.73*	0.64*	-	-	-	-	-	-	-	-
Interest Expenses	-74.4%	160	622	-447	252	5.00	419	687	-620	5.00	610	129	53.00	-7.60	-576	-357	-385	269	291	331	409	347
Income Taxes	-70.0%	1,049	3,502	-305	-307	-402	-1,312	-2.01	180	-93.55	-7,733	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	287.7%	10,621	-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
EBT Margin	209.7%	0.03*	-0.03*	-0.07*	-0.10*	-0.07*	-0.05*	0.01*	0.13*	0.20*	1.02*	1.20*	0.68*	0.60*	-	-	-	-	-	-	-	-
Net Income	306.3%	9,836	-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
Net Income Margin	431.4%	0.04*	-0.01*	-0.04*	-0.07*	-0.05*	-0.04*	0.05*	0.17*	0.26*	1.17*	1.20*	0.68*	0.60*	-	-	-	-	-	-	-	-
Free Cashflow	-102.3%	-454	19,559	-449	-6,046	2,304	-4,192	-4,067	8,668	2,333	1,307	-9,163	-10,707	-4,917	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.9%	286	281	287	252	252	244	251	270	279	263	191	192	204	143	102	92.00	94.00	96.00	110	118	123
Current Assets	1.4%	130	128	136	-	-	126	-	-	-	-	60.00	93.00	120	63.00	35.00	28.00	28.00	28.00	42.00	47.00	50.00
Cash Equivalents	680.8%	36.00	5.00	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
Inventory	-15.4%	28.00	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
Net PPE	-2.9%	89.00	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
Goodwill	-	-	-	-	-	-	-	1.00	2.00	2.00	2.00	-	-	-	-	-	-	-	-	-	-	-
Liabilities	-1.5%	165	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
Current Liabilities	-2.8%	156	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
Short Term Borrowings	-80.0%	29.00	143	-	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	7.5%	121	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
Retained Earnings	7.3%	-124	-134	-129	-135	-133	-131	-121	-121	-122	-122	-131	-151	-154	-183	-179	-179	-178	-176	-172	-170	-168
Additional Paid-In Capital	0.0%	248	247	247	247	246	246	243	242	242	242	241	241	241	225	187	185	181	180	175	167	161
Shares Outstanding	0%	90.00	90.00	89.00	89.00	89.00	89.00	89.00	89.00	89.00	89.00	88.00	88.00	84.00	-	-	-	-	-	-	-	-
Minority Interest	-43.3%	0.00	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
Float	-	-	-	-	95.00	-	-	-	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-71.1%	7,447	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
Share Based Compensation	-56.2%	117	266	130	824	5.00	7.00	11.00	11.00	35.00	-	-	-	-	188	162	154	300	337	396	18.00	18.00
Cashflow From Investing	5.4%	-12,836	-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
Cashflow From Financing	-18273.8%	-16,392	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

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CBAT Income Statement

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net revenues	$ 58,822,432	$ 42,396,701
Cost of revenues	(40,041,385)	(39,490,957)
Gross profit	18,781,047	2,905,744
Operating expenses:
Research and development expenses	(2,815,518)	(2,455,328)
Sales and marketing expenses	(1,724,032)	(721,004)
General and administrative expenses	(4,092,527)	(2,479,135)
(Provision for) recovery of doubtful accounts	114,013	(131,167)
Total operating expenses	(8,518,064)	(5,786,634)
Operating (loss) income	10,262,983	(2,880,890)
Finance income, net	9,663	5,311
Other income, net	367,438	183,213
Share of loss of equity investee	(18,824)
Changes in fair value of warrants liability		85,000
(Loss) income before income tax	10,621,260	(2,607,366)
Income tax credit (expenses)	(1,048,786)	402,884
Net (loss) income	9,572,474	(2,204,482)
Foreign currency translation adjustment	(1,906,048)	748,779
Less: Net loss attributable to non-controlling interests	263,976	824,127
Net (loss) income attributable to shareholders of CBAK Energy Technology, Inc.	9,836,450	(1,380,355)
Net (loss) income	9,572,474	(2,204,482)
Comprehensive (loss) income	7,666,426	(1,455,703)
Less: Comprehensive loss attributable to non-controlling interests	274,223	730,021
Comprehensive (loss) income attributable to CBAK Energy Technology, Inc.	$ 7,940,649	$ (725,682)
(Loss) income per share
Basic (in Dollars per share)	$ 0.11	$ (0.02)
Diluted (in Dollars per share)	$ 0.11	$ (0.02)
Weighted average number of shares of common stock:
Basic (in Shares)	89,925,024	89,013,359
Diluted (in Shares)	90,123,965	89,013,359

CBAT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 3,033,376	$ 4,643,267
Pledged deposits	33,223,384	54,179,549
Short-term deposits	20,756,497
Trade and bills receivable, net	36,415,217	28,653,047
Inventories	28,260,340	33,413,422
Prepayments and other receivables	8,438,534	7,459,254
Receivables from a former subsidiary, net	35,947	74,946
Total current assets	130,163,295	128,423,485
Property, plant and equipment, net	88,961,277	91,628,832
Construction in progress	37,654,290	37,797,862
Long-term investments, net	2,502,537	2,565,005
Prepaid land use rights	11,433,966	11,712,704
Intangible assets, net	720,339	841,360
Deposit paid for acquisition of long-term investments	11,883,163	7,101,492
Operating lease right-of-use assets, net	3,140,214	1,084,520
Total assets	286,459,081	281,155,260
Current liabilities
Trade and bills payable	79,020,817	82,429,575
Short-term bank borrowings	36,106,533	32,587,676
Other short-term loans	338,876	339,552
Accrued expenses and other payables	35,899,319	41,992,540
Payables to a former subsidiary, net	416,491	411,111
Deferred government grants, current	485,863	375,375
Product warranty provisions	20,775	23,870
Operating lease liability, current	699,745	691,992
Finance lease liability, current	2,031,310	1,643,864
Income tax payable	1,042,033
Total current liabilities	156,061,762	160,495,555
Deferred government grants, non-current	5,859,142	6,203,488
Product warranty provisions	535,655	522,574
Operating lease liability, non-current	2,761,173	475,302
Total liabilities	165,217,732	167,696,919
Commitments and contingencies
Shareholders’ equity
Common stock $0.001 par value; 500,000,000 authorized; 90,063,396 issued and 89,919,190 outstanding as of December 31, 2023 and March 31, 2024	90,063	90,063
Donated shares	14,101,689	14,101,689
Additional paid-in capital	247,582,399	247,465,817
Statutory reserves	1,230,511	1,230,511
Accumulated deficit	(124,559,312)	(134,395,762)
Accumulated other comprehensive loss	(13,497,204)	(11,601,403)
Stockholders' equity (deficit) before Treasury Stock	124,948,146	116,890,915
Less: Treasury shares	(4,066,610)	(4,066,610)
Total shareholders’ equity	120,881,536	112,824,305
Non-controlling interests	359,813	634,036
Total equity	121,241,349	113,458,341
Total liabilities and shareholder’s equity	$ 286,459,081	$ 281,155,260

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 Fri May 17 2024, market cap of CBAK Energy Technology Inc is 113.3 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 Fri May 17 2024, CBAT's PE ratio (Price to Earnings) is 12.92 and Price to Sales (PS) ratio is 0.51. 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 -0.048 (multiply by 100 for percentage) rate of return.