CBAT - CBAK Energy Technology, Inc.
NASDAQ
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Industrials
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Electrical Equipment & Parts
Dalian,
China
Type: Equity
CBAT price evolution
CBAT
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $9.71 | $3.03 | $4.64 | |
| Short term investments | $44.76 | $53.98 | $54.18 | |
| Net receivables | $38.74 | $37.74 | $44.89 | $36.19 |
| Inventory | $23.94 | $31.23 | $28.26 | $33.41 |
| Total current assets | $130.46 | $123.44 | $130.16 | $128.42 |
| Long term investments | $2.26 | $2.5 | $2.57 | |
| Property, plant & equipment | $143.67 | $126.11 | $129.76 | $130.51 |
| Goodwill & intangible assets | $0.6 | $0.72 | $0.84 | |
| Total noncurrent assets | $156.18 | $156.3 | $152.73 | |
| Total investments | $47.02 | $56.48 | $56.74 | |
| Total assets | $293.48 | $279.62 | $286.46 | $281.16 |
| Current liabilities | ||||
| Accounts payable | $89.47 | $72.06 | $79.44 | $82.43 |
| Deferred revenue | ||||
| Short long term debt | $37.84 | $39.18 | $35.26 | |
| Total current liabilities | $154.22 | $144.63 | $156.06 | $160.5 |
| Long term debt | $2.33 | $2.76 | $0.48 | |
| Total noncurrent liabilities | $8.46 | $9.16 | $7.2 | |
| Total debt | $40.16 | $41.94 | $35.74 | |
| Total liabilities | $162.31 | $153.09 | $165.22 | $167.7 |
| Shareholders' equity | ||||
| Retained earnings | -$116.87 | -$118.11 | -$124.56 | -$134.4 |
| Other shareholder equity | $4.28 | -$14.33 | -$13.5 | -$11.6 |
| Total shareholder equity | $126.59 | $120.88 | $112.82 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $4.64 | $6.52 | $7.36 | $11.68 |
| Short term investments | $54.18 | $30.84 | $19.79 | $9.22 |
| Net receivables | $36.19 | $32.99 | $65.39 | $37.01 |
| Inventory | $33.41 | $49.45 | $30.13 | $5.25 |
| Total current assets | $128.42 | $125.71 | $122.84 | $63.17 |
| Long term investments | $2.57 | $0.95 | $1.55 | $0.85 |
| Property, plant & equipment | $130.51 | $113.58 | $119.35 | $78.73 |
| Goodwill & intangible assets | $0.84 | $1.31 | $3.61 | $0.01 |
| Total noncurrent assets | $152.73 | $118.33 | $139.78 | $79.6 |
| Total investments | $56.74 | $31.78 | $21.34 | $10.08 |
| Total assets | $281.16 | $244.03 | $262.62 | $142.77 |
| Current liabilities | ||||
| Accounts payable | $82.43 | $67.49 | $65.38 | $35.86 |
| Deferred revenue | $0.15 | |||
| Short long term debt | $35.26 | $17.02 | $14.29 | $14.99 |
| Total current liabilities | $160.5 | $111.93 | $112.77 | $73.71 |
| Long term debt | $0.48 | $0.61 | $0.88 | |
| Total noncurrent liabilities | $7.2 | $7.72 | $8.97 | $16.65 |
| Total debt | $35.74 | $17.62 | $15.17 | $14.99 |
| Total liabilities | $167.7 | $126.54 | $121.73 | $90.36 |
| Shareholders' equity | ||||
| Retained earnings | -$134.4 | -$130.72 | -$122.5 | -$183.98 |
| Other shareholder equity | -$11.6 | $5.95 | $2.49 | -$0.24 |
| Total shareholder equity | $112.82 | $117.5 | $133.29 | $52.4 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $44.63 | $47.79 | $58.82 | $56.18 |
| Cost of revenue | $35.07 | $40.04 | $43.49 | |
| Gross Profit | $8.33 | $12.73 | $18.78 | $12.69 |
| Operating activities | ||||
| Research & development | $2.96 | $2.82 | $3.91 | |
| Selling, general & administrative | $4.5 | $5.82 | $6.59 | |
| Total operating expenses | $8.18 | $6.78 | $8.52 | $18.57 |
| Operating income | $5.95 | $10.26 | -$5.89 | |
| Income from continuing operations | ||||
| EBIT | $6.56 | $10.88 | -$1.89 | |
| Income tax expense | $0.34 | $0.8 | $1.05 | $3.5 |
| Interest expense | -$0.04 | -$0.69 | -$0.01 | -$0.62 |
| Net income | ||||
| Net income | $0.02 | $6.45 | $9.84 | -$4.77 |
| Income (for common shares) | $6.45 | $9.84 | -$4.77 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $204.44 | $248.73 | $52.67 | $37.57 |
| Cost of revenue | $172.71 | $230.63 | $47.56 | $34.85 |
| Gross Profit | $31.72 | $18.1 | $5.11 | $2.71 |
| Operating activities | ||||
| Research & development | $11.93 | $10.64 | $5.27 | $1.68 |
| Selling, general & administrative | $18.69 | $11.75 | $12.33 | $4.45 |
| Total operating expenses | $38.98 | $29.6 | $16.82 | $11.19 |
| Operating income | -$7.25 | -$11.5 | -$11.71 | -$8.48 |
| Income from continuing operations | ||||
| EBIT | -$0.4 | -$11.17 | $52.97 | -$6.41 |
| Income tax expense | $2.49 | -$1.23 | -$7.73 | |
| Interest expense | -$0.43 | -$0.49 | -$0.78 | $1.4 |
| Net income | ||||
| Net income | -$2.45 | -$9.45 | $61.49 | -$7.81 |
| Income (for common shares) | -$2.45 | -$9.45 | $61.49 | -$7.81 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $6.45 | $9.84 | -$4.77 | |
| Operating activities | ||||
| Depreciation | $2.32 | $2.53 | $3.77 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.09 | $0.12 | $0.27 | |
| Total cash flows from operations | $2.94 | $7.45 | $25.76 | |
| Investing activities | ||||
| Capital expenditures | -$0.25 | -$7.9 | -$6.2 | |
| Investments | -$3.86 | -$4.93 | -$3.33 | |
| Total cash flows from investing | -$20.11 | -$4.12 | -$12.84 | -$13.57 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | -$1.44 | $4.5 | $0.09 | |
| Total cash flows from financing | -$21.46 | -$15.18 | -$16.39 | $0.09 |
| Effect of exchange rate | $0.54 | $0.22 | -$0.78 | $0.86 |
| Change in cash and equivalents | -$10.96 | -$16.13 | -$22.57 | $13.13 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$2.45 | -$9.45 | $61.49 | -$7.81 |
| Operating activities | ||||
| Depreciation | $10.34 | $8.56 | $4.06 | $2.7 |
| Business acquisitions & disposals | $4.46 | -$17.48 | ||
| Stock-based compensation | $1.23 | $0.06 | $1.05 | $0.8 |
| Total cash flows from operations | $46.51 | $15.11 | -$4.27 | -$5.1 |
| Investing activities | ||||
| Capital expenditures | -$31.14 | -$12.09 | -$19.21 | -$5.71 |
| Investments | -$7.13 | -$1.39 | ||
| Total cash flows from investing | -$42.31 | -$7.93 | -$38.08 | -$5.71 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $65.5 | $45.35 | ||
| Net borrowings | $18.62 | $4.12 | -$17.22 | -$19.52 |
| Total cash flows from financing | $18.62 | $5.61 | $48.27 | $25.83 |
| Effect of exchange rate | -$1.35 | -$1.8 | -$0.24 | -$1.48 |
| Change in cash and equivalents | $21.47 | $11 | $5.68 | $13.54 |
News
Fundamentals
| Market cap | $70.15M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 89.94M |
| Revenue | $207.42M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $11.53M |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | 6.08 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 0.34 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $0.13 |
|---|---|
| ROA | 4.04% |
| ROE | N/A |
| Debt/Equity | 1.49 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.85 |
| Quick ratio | 0.69 |