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CBAK Energy Technology Inc (CBAT)

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1.030 +0.020 +1.99%

17:12:48 - Real-time Cboe. Currency in USD ( Disclaimer )

Volume: 141,237
Bid/Ask: 0.000 / 0.000
Day's Range: 1.000 - 1.080

Type: Equity

Market: United States

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NASDAQ:CBAT Financials

This summary provides an overview of the most significant critical numbers from each of the China BAK Battery financial reports, including theCBAK Energy Technology Inc income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the NASDAQ:CBAT financials over time via breakdowns of their annual reports.

CBAK Energy Technology, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 204.44 million compared to USD 248.73 million a year ago. Net loss was USD 1.02 million compared to USD 9.45 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.11 a year ago.

Annual Quarterly

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Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

CBAT Income Statement & Profits

Gross margin TTM 15.52%

Operating margin TTM -0.09%

Net Profit margin TTM -1.2%

Return on Investment TTM -0.11%

Total Revenue Net Income

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Revenue	56.18	63.44	42.42	42.4
Gross Profit	12.69	12.25	3.88	2.91
Operating Income	1.18	5.29	-3.77	-2.88
Net Income	-4.77	6.33	-2.63	-1.38

CBAT Balance Sheet

Quick Ratio MRQ 0.21

Current Ratio MRQ 0.8

LT Debt to Equity MRQ -

Total Debt to Equity MRQ 31.68%

Total Assets Total Liabilities

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Assets	281.16	286.84	252.17	252.17
Total Liabilities	167.7	167.29	138	129.24
Total Equity	113.46	119.55	114.17	122.93

%ENGLISH_NAME% Latest Cash Flow Statement

Cash Flow/Share TTM 0.52

Revenue/Share TTM 2.28

Operating Cash Flow 16.05%

Cash Net Change in Cash

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	25.76	4.92	6.31	9.52
Cash From Investing Activities	-13.57	-9.17	-12.35	-7.22
Cash From Financing Activities	0.09	6.37	8.96	3.19
Net Change in Cash	13.13	2.05	0.502	5.78

* In Millions of USD (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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CBAT Price Commentary

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Denis Korotkovs Jul 31, 2021 14:03

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Long hold, lots of potential...

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Ivan Ng Jul 31, 2021 14:03

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Indeed

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Vann Chai Yew Kuin Feb 18, 2021 14:50

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Going towards $10

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soksambo mean Dec 08, 2020 8:24

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good

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Ooi Chinsoon Nov 17, 2020 22:58

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good correction...tmrw up again

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Big Baws Nov 17, 2020 15:08

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Nice pump and dump

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Ooi Chinsoon Nov 17, 2020 7:18

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Net revenues increased by $2.5M, 31%. Gross profit increased by $1.4M, whooping 109% from $0.7M. Operating profit increased 1.9M from ($1.5M) loss to $0.4M profit. Net Profit increased by $1.804M from $1.8M loss from $0.04M profit, earnings per share (EPS): EPS improved by $0.0007 profit from the $0.04 loss. CBAT did tremendous improvement without the rollout of the tabless battery.Then again, this earning report doesn’t matter. This ER is not the game changer or the subject matter to us, folks. Therefore, you shouldn’t apply this quarterly report into your investing decision maker. Boys and girls, BE ambitious!! Investors must buy CBAT because you expect the massive growth with successful rollout of tabless battery in 1st Half of 2021

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Ooi Chinsoon Nov 16, 2020 4:01

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cbak is going uptrend explosively towards end of year and 2021 due to the EV revolution...

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