NASDAQ:CBAT

CBAK Energy Technology (CBAT) Stock Forecast, Price & News

$0.92

+0.04 (+4.55%)

(As of 05/31/2023 ET)

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Today's Range: $0.87
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$0.94
50-Day Range: $0.74
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$0.98
52-Week Range: $0.74
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$1.70

Volume: 174,063 shs
Average Volume: 130,958 shs
Market Capitalization: $81.89 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About CBAK Energy Technology (NASDAQ:CBAT) Stock

CBAK Energy Technology, Inc. engages in the manufacture, commercialization, and distribution of lithium-ion rechargeable batteries. Its products are used for electronic vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and high-power applications. It operates through the CBAK and Hitrans segments. The CBAK segment mainly includes the manufacture, commercialization and distribution of a wide variety of standard and customized lithium-ion rechargeable batteries for use in a wide array of applications. The Hitrans segment covers the development and manufacturing of NCM precursor and cathode materials. The company was founded on October 4, 1999 and is headquartered in Dalian, China.

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CBAT Stock News Headlines

May 17, 2023 | finance.yahoo.com

CBAK Energy to Host Corporate Open Day Showcasing State-of-the-Art Sodium-Ion Batteries

May 12, 2023 | marketwatch.com

8-K: CBAK Energy Technology, Inc.

May 31, 2023 | Behind the Markets (Ad)

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May 10, 2023 | finanznachrichten.de

CBAK Energy Technology, Inc.: CBAK Energy Reports First Quarter 2023 Unaudited Financial Results

May 10, 2023 | msn.com

CBAK Energy Technology GAAP EPS of -$0.02, revenue of $42.4M

May 10, 2023 | finance.yahoo.com

CBAK Energy Reports First Quarter 2023 Unaudited Financial Results

May 7, 2023 | americanbankingnews.com

CBAK Energy Technology (NASDAQ:CBAT) & NeoVolta (NASDAQ:NEOV) Financial Analysis

May 4, 2023 | americanbankingnews.com

CBAK Energy Technology, Inc. (NASDAQ:CBAT) Short Interest Down 6.9% in April

May 31, 2023 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

May 2, 2023 | finance.yahoo.com

CBAK Energy to Report First Quarter 2023 Unaudited Financial Results on Wednesday, May 10, 2023

April 22, 2023 | americanbankingnews.com

CBAK Energy Technology, Inc. (NASDAQ:CBAT) Sees Significant Increase in Short Interest

April 18, 2023 | finance.yahoo.com

CBAK Energy Announces Battery Orders from PowerOak, Parent Company of Top-Rated Portable Power Brand BlueTTI

April 11, 2023 | finance.yahoo.com

CBAK Energy Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

April 10, 2023 | finance.yahoo.com

10 Best EV Battery Stocks Under $10

March 31, 2023 | finance.yahoo.com

CBAK Energy to Report Fourth Quarter and Full Year 2022 Unaudited Financial Results on Tuesday, April 11, 2023

March 29, 2023 | marketwatch.com

Advanced Battery Energy Storage System Market by 2031

March 6, 2023 | finance.yahoo.com

Investors in CBAK Energy Technology (NASDAQ:CBAT) have made a strong return of 115% over the past three years

February 18, 2023 | marketwatch.com

Energy Storage Technology Market 2023 RISK, SWOT and PESTAL Analysis [ LATEST REPORT ]

November 15, 2022 | seekingalpha.com

CBAK Energy Technology, Inc. (CBAT) Q3 2022 Earnings Call Transcript

November 14, 2022 | finance.yahoo.com

CBAK Energy Reports Third Quarter 2022 Unaudited Financial Results

November 7, 2022 | finance.yahoo.com

CBAK Energy to Report Third Quarter 2022 Unaudited Financial Results on Monday, November 14, 2022

October 14, 2022 | finance.yahoo.com

11 Best Micro-Cap Stocks To Invest In

October 11, 2022 | seekingalpha.com

CBAT CBAK Energy Technology, Inc.

September 27, 2022 | finance.yahoo.com

CBAK Energy Technology (NASDAQ:CBAT) pulls back 11% this week, but still delivers shareholders respectable 25% CAGR over 3 years

September 22, 2022 | finance.yahoo.com

CBAK Energy Obtains $28 Million Battery Order from European Customer

August 30, 2022 | prnewswire.com

CBAK Energy: Predictable Profitability Warranted By Expanding Capacity, Product Innovation and Strategic Vertical Integration

August 27, 2022 | finance.yahoo.com

CBAK Energy Enters Strategic Partnership For Indian Market

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CBAT Company Calendar

Last Earnings: 4/11/2023
Today: 5/31/2023
Next Earnings (Estimated): 8/21/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:CBAT
CUSIP: N/A
CIK: 1117171
Web: www.cbak.com.cn
Phone: 8641139185985
Fax: 86-411-3918-5980
Employees: 1,063
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.14)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-9,450,000.00
Net Margins: -5.48%
Pretax Margin: -7.47%
Return on Equity: -6.77%
Return on Assets: -3.40%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.07
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $248.73 million
Price / Sales: 0.33
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.38 per share
Price / Book: 0.67

Miscellaneous

Outstanding Shares: 89,010,000
Free Float: 77,588,000
Market Cap: $82.34 million
Optionable: Not Optionable
Beta: 2.62

Key Executives

Yun Fei Li
Chairman, President & Chief Executive Officer

Xiang Yu Pei
Chief Financial Officer, Secretary & Director

Xiu Jun Tian
Head-Engineering

Jiewei Li
Investor Relations Contact

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CBAT Stock - Frequently Asked Questions

How have CBAT shares performed in 2023?: CBAK Energy Technology's stock was trading at $0.99 at the beginning of 2023. Since then, CBAT shares have decreased by 6.6% and is now trading at $0.9251.
View the best growth stocks for 2023 here.
When is CBAK Energy Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our CBAT earnings forecast.
How were CBAK Energy Technology's earnings last quarter?: CBAK Energy Technology, Inc. (NASDAQ:CBAT) announced its quarterly earnings results on Tuesday, April, 11th. The electronics maker reported ($0.06) earnings per share for the quarter. The electronics maker earned $54.46 million during the quarter. CBAK Energy Technology had a negative net margin of 5.48% and a negative trailing twelve-month return on equity of 6.77%.
What ETFs hold CBAK Energy Technology's stock?: ETFs with the largest weight of CBAK Energy Technology (NASDAQ:CBAT) stock in their portfolio include Carbon Collective Climate Solutions U.S. Equity ETF (CCSO).
What other stocks do shareholders of CBAK Energy Technology own?: Based on aggregate information from My MarketBeat watchlists, some companies that other CBAK Energy Technology investors own include Gevo (GEVO), Nokia Oyj (NOK), Advanced Micro Devices (AMD), Sorrento Therapeutics (SRNE), Biocept (BIOC), Clean Energy Fuels (CLNE), Kandi Technologies Group (KNDI), OPKO Health (OPK), Pfizer (PFE) and
What is CBAK Energy Technology's stock symbol?: CBAK Energy Technology trades on the NASDAQ under the ticker symbol "CBAT."

Who are CBAK Energy Technology's major shareholders?: CBAK Energy Technology's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (0.40%), Group One Trading L.P. (0.00%), Jane Street Group LLC (0.06%), NewEdge Advisors LLC (0.04%), James Investment Research Inc. (0.04%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Evk New Energy Auto Ltd Asia and Yunfei Li.
View institutional ownership trends.
How do I buy shares of CBAK Energy Technology?: Shares of CBAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is CBAK Energy Technology's stock price today?: One share of CBAT stock can currently be purchased for approximately $0.93.
How much money does CBAK Energy Technology make?: CBAK Energy Technology (NASDAQ:CBAT) has a market capitalization of $82.34 million and generates $248.73 million in revenue each year. The electronics maker earns $-9,450,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis.
How many employees does CBAK Energy Technology have?: The company employs 1,063 workers across the globe.
How can I contact CBAK Energy Technology?: CBAK Energy Technology's mailing address is BAK INDUSTRIAL PARK MEIGUI STREET HUAYUANKOU ECONOMIC ZONE, DALIAN F4, 116450. The official website for the company is www.cbak.com.cn. The electronics maker can be reached via phone at 8641139185985, via email at ir@cbak.com, or via fax at 86-411-3918-5980.

This page (NASDAQ:CBAT) was last updated on 5/31/2023 by MarketBeat.com Staff

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