NASDAQ:CBAT

CBAK Energy Technology - CBAT Stock Forecast, Price & News

$1.15

+0.01 (+0.88%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $1.13
▼
$1.18
50-Day Range: $1.14
▼
$1.57
52-Week Range: $0.92
▼
$3.57

Volume: 110,521 shs
Average Volume: 216,658 shs
Market Capitalization: $102.34 million

P/E Ratio: 3.38
Dividend Yield: N/A
Price Target: N/A

About CBAK Energy Technology (NASDAQ:CBAT) Stock

CBAK Energy Technology, Inc., together with its subsidiaries, develops, manufactures, and sells lithium batteries in Mainland China, the United States, Korea, 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.

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CBAT Stock News Headlines

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 27, 2022 | americanbankingnews.com

CBAK Energy Technology (NASDAQ:CBAT) Stock Crosses Below Two Hundred Day Moving Average of $1.22

October 2, 2022 | Legacy Research (Affiliate) (Ad)

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September 23, 2022 | americanbankingnews.com

Analyzing CBAK Energy Technology (NASDAQ:CBAT) & Novonix (NASDAQ:NVX)

September 22, 2022 | finance.yahoo.com

CBAK Energy Obtains $28 Million Battery Order from European Customer

August 27, 2022 | finance.yahoo.com

CBAK Energy Enters Strategic Partnership For Indian Market

August 17, 2022 | nasdaq.com

CBAK Energy Technology, Inc. (NASDAQ:CBAT) Shares Fly 32% But Investors Aren't Buying For Growth

August 17, 2022 | finance.yahoo.com

There's No Escaping CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Muted Earnings Despite A 32% Share Price Rise

October 2, 2022 | Legacy Research (Affiliate) (Ad)

The 3-Stock Retirement Blueprint

August 15, 2022 | seekingalpha.com

CBAK Energy Technology, Inc. (CBAT) CEO Yunfei Li on Q2 2022 Results - Earnings Call Transcript

August 9, 2022 | finance.yahoo.com

CBAK Energy to Report Second Quarter & First Half 2022 Unaudited Financial Results on Monday, August 15, 2022

August 6, 2022 | finance.yahoo.com

10 Best EV Stocks Under $5

July 26, 2022 | finance.yahoo.com

CBAK Energy to Co-Develop Na-ion Cells with Chinese Battery Manufacturer

July 19, 2022 | finance.yahoo.com

CBAK Energy to Participate in the Upcoming Public Companies Communications Summit

June 21, 2022 | finance.yahoo.com

CBAK Energy Devlopes Cylindrical Batteries for Jemmell

May 31, 2022 | finance.yahoo.com

Effective Growth Strategy To Counter Raw Material Price Hikes Challenges With Supply Chain Integration Supported By Strong Market Demands & Increased Production Capacity

May 20, 2022 | seekingalpha.com

CBAK Energy Technology, Inc. (CBAT) CEO Yunfei Li on Q1 2022 Results - Earnings Call Transcript

May 19, 2022 | nasdaq.com

CBAK Energy Technology Gains On Surge In Q1 Revenue

May 19, 2022 | seekingalpha.com

CBAK Energy Technology GAAP EPS of $0.01, revenue of $80.2M

May 19, 2022 | finance.yahoo.com

CBAK Energy Reports First Quarter 2022 Unaudited Financial Results

May 16, 2022 | finance.yahoo.com

CBAK Energy to Report First Quarter 2022 Unaudited Financial Results on Thursday, May 19, 2022

April 21, 2022 | finance.yahoo.com

CBAT - 2021 Marked A Year of Turnaround, Backed By Strong Market Demands, Increasing Production Capacity & Integrated Supply of Lithium-Battery Materials

April 14, 2022 | seekingalpha.com

CBAK Energy Technology GAAP EPS of $0.10, revenue of $27.8M

April 14, 2022 | finance.yahoo.com

CBAK Energy Reports Fourth Quarter and Full Year 2021 Unaudited Financial Results

April 11, 2022 | finance.yahoo.com

CBAK Energy to Report Fourth Quarter & Full year 2021 Unaudited Financial Results on Thursday, April 14, 2022

March 17, 2022 | finance.yahoo.com

CBAK Energy Announces Hitrans's Revenues Reach Almost $100 Million in First Nine Months of 2021 Before Acquisition Closes, Four Times Their Own Revenues in Same Period

January 14, 2022 | nasdaq.com

CBAK Energy Technology, Inc. Common Stock (CBAT)

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CBAT Company Calendar

Last Earnings: 8/22/2016
Today: 10/02/2022
Next Earnings (Estimated): 11/11/2022
Fiscal Year End: 12/31/2022

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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: 1,054
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.34
Trailing P/E Ratio: 3.38
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $61.49 million
Net Margins: 17.50%
Pretax Margin: 13.39%
Return on Equity: -0.71%
Return on Assets: -0.38%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.09
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $52.67 million
Price / Sales: 1.94
Cash Flow: $0.06 per share
Price / Cash Flow: 20.16
Book Value: $1.59 per share
Price / Book: 0.72

Miscellaneous

Outstanding Shares: 88,990,000
Free Float: 77,751,000
Market Cap: $102.34 million
Optionable: Not Optionable
Beta: 2.76

Key Executives

Mr. Yunfei Li (Age 54)
Chairman, Pres & CEO
Comp: $120.11k

Ms. Xiangyu Pei (Age 33)
Interim CFO, Sec. & Director
Comp: $74.98k

Mr. Yongbin Han (Age 53)
VP of Investments, CFO of Shenzhen Bak, VP of Shenzhen BAK and Deputy GM of BAK Battery

Jiewei Li Thierry
Investor Relations Officer

Mr. Guosheng Wang (Age 50)
Consultant

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CBAT Stock - Frequently Asked Questions

How have CBAT shares performed in 2022?: CBAK Energy Technology's stock was trading at $1.56 at the start of the year. Since then, CBAT stock has decreased by 26.3% and is now trading at $1.15.
View the best growth stocks for 2022 here.
When is CBAK Energy Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 11th 2022.
View our CBAT earnings forecast.
How were CBAK Energy Technology's earnings last quarter?: CBAK Energy Technology, Inc. (NASDAQ:CBAT) issued its quarterly earnings results on Monday, August, 22nd. The electronics maker reported ($0.15) earnings per share for the quarter. The electronics maker earned $1.36 million during the quarter. CBAK Energy Technology had a negative trailing twelve-month return on equity of 0.71% and a net margin of 17.50%.
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."
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 $1.15.
How much money does CBAK Energy Technology make?: CBAK Energy Technology (NASDAQ:CBAT) has a market capitalization of $102.34 million and generates $52.67 million in revenue each year. The electronics maker earns $61.49 million in net income (profit) each year or $0.34 on an earnings per share basis.
How many employees does CBAK Energy Technology have?: The company employs 1,054 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 10/2/2022 by MarketBeat.com Staff

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