CBAK Energy Technology, Inc. financial data

Symbol
CBAT on Nasdaq
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
Bak Industrial Park, Meigui Street, Huayuankou Economic Zone, Dalian, China
State of incorporation
Nevada
Fiscal year end
December 31
Former names
CHINA BAK BATTERY INC (to 1/13/2017), MEDINA COFFEE INC (to 2/14/2005)
Latest financial report
Q1 2024 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Quick Ratio 23.1 % -47.3%
Debt-to-equity 140 % +33.1%
Return On Equity 7.49 %
Return On Assets 3.17 %
Operating Margin 2.67 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 89.9M shares +1.02%
Common Stock, Shares, Outstanding 89.9M shares +1.02%
Entity Public Float 95.2M USD +14.6%
Common Stock, Value, Issued 90.1K USD +1.02%
Weighted Average Number of Shares Outstanding, Basic 89.9M shares +1.02%
Weighted Average Number of Shares Outstanding, Diluted 90.1M shares +1.25%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 221M USD +4.71%
Cost of Revenue 173M USD -11.3%
Research and Development Expense 12.3M USD +25.7%
Selling and Marketing Expense 5.91M USD +211%
General and Administrative Expense 15.4M USD +54.3%
Operating Income (Loss) 5.89M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 7.18M USD
Income Tax Expense (Benefit) 3.94M USD
Net Income (Loss) Attributable to Parent 8.77M USD
Earnings Per Share, Basic 0.1 USD/shares
Earnings Per Share, Diluted 0.1 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.03M USD -59.7%
Accounts Receivable, after Allowance for Credit Loss, Current 36.4M USD +29.5%
Inventory, Net 28.3M USD -44.3%
Other Assets, Current 8.72M USD -93.3%
Assets, Current 130M USD
Other Long-term Investments 7.1M USD
Deferred Income Tax Assets, Net 3.4M USD +189%
Property, Plant and Equipment, Net 89M USD +0.6%
Operating Lease, Right-of-Use Asset 3.14M USD +175%
Intangible Assets, Net (Excluding Goodwill) 720K USD -39.7%
Goodwill 1.47M USD
Other Assets, Noncurrent 1.23M USD 0%
Assets 286M USD +13.6%
Accounts Payable, Current 79M USD +121%
Liabilities, Current 156M USD +28.3%
Contract with Customer, Liability, Noncurrent 1.09M USD
Operating Lease, Liability, Noncurrent 2.76M USD +405%
Other Liabilities, Noncurrent 536K USD
Liabilities 165M USD +27.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -13.5M USD -80%
Retained Earnings (Accumulated Deficit) -125M USD +6.58%
Stockholders' Equity Attributable to Parent 121M USD +3.52%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 121M USD -1.37%
Liabilities and Equity 286M USD +13.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 7.45M USD -21.8%
Net Cash Provided by (Used in) Financing Activities -16.4M USD -614%
Net Cash Provided by (Used in) Investing Activities -12.8M USD -77.9%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 89.9M shares +0.86%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -22.6M USD -490%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 36.3M USD -16%
Interest Paid, Excluding Capitalized Interest, Operating Activities 160K USD +140%
Deferred Tax Assets, Valuation Allowance 45.6M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.5 pure +138%
Operating Lease, Liability 3.46M USD
Depreciation 2.54M USD -0.1%
Payments to Acquire Property, Plant, and Equipment 7.9M USD +9.48%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 2.77M USD
Lessee, Operating Lease, Liability, to be Paid 3.86M USD
Property, Plant and Equipment, Gross 140M USD +9.98%
Operating Lease, Liability, Current 700K USD +45.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 600K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 721K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure
Deferred Income Tax Expense (Benefit) -305K USD -15080%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 403K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 472K USD
Deferred Tax Assets, Operating Loss Carryforwards 40.2M USD
Current Income Tax Expense (Benefit) -1.05M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 460K USD
Additional Paid in Capital 247M USD +2.1%
Amortization of Intangible Assets 469K USD -6.84%
Deferred Tax Assets, Net of Valuation Allowance 203K USD -92.6%
Share-based Payment Arrangement, Expense 823K USD
Interest Expense 171K USD -42.3%