China BAK Battery (CBAT) Projected to Post Earnings on Friday

Key Points

• China BAK Battery (NASDAQ: CBAT) is set to release its Q2 2025 earnings on August 8th, with analysts forecasting an earnings per share of ($0.04) and revenues of $33.56 million.
• An institutional investor, Empowered Funds LLC, increased its stake in China BAK Battery by 8.7%, owning approximately 0.40% of the company as of the latest SEC filing.
• Wall Street analysts have upgraded China BAK Battery from a "sell" to a "hold" rating, indicating a more optimistic outlook on the company's prospects.

China BAK Battery (NASDAQ:CBAT - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Friday, August 8th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $33.56 million for the quarter.

China BAK Battery (NASDAQ:CBAT - Get Free Report) last issued its earnings results on Monday, May 19th. The electronics maker reported ($0.02) earnings per share for the quarter. China BAK Battery had a return on equity of 0.30% and a net margin of 0.25%. The firm had revenue of $34.94 million for the quarter, compared to analyst estimates of $52.16 million. On average, analysts expect China BAK Battery to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

China BAK Battery Price Performance

Shares of NASDAQ:CBAT traded up $0.00 during trading on Monday, reaching $0.90. 36,835 shares of the stock were exchanged, compared to its average volume of 226,788. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.82 and a quick ratio of 0.64. China BAK Battery has a 1-year low of $0.57 and a 1-year high of $1.30. The stock has a fifty day moving average of $1.08 and a two-hundred day moving average of $0.91.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised China BAK Battery from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th.

Hedge Funds Weigh In On China BAK Battery

An institutional investor recently raised its position in China BAK Battery stock. Empowered Funds LLC boosted its stake in China BAK Battery, Inc. (NASDAQ:CBAT - Free Report) by 8.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 355,536 shares of the electronics maker's stock after buying an additional 28,411 shares during the quarter. Empowered Funds LLC owned approximately 0.40% of China BAK Battery worth $283,000 as of its most recent SEC filing. 1.97% of the stock is currently owned by hedge funds and other institutional investors.

China BAK Battery Company Profile

CBAK Energy Technology, Inc, together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools.