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
NV
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
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 83.3 %
Quick Ratio 19 % -44.3%
Debt-to-equity 132 % +9.04%
Return On Equity 9.38 %
Return On Assets 4.04 %
Operating Margin 4.58 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 89.9M shares +0.51%
Common Stock, Shares, Outstanding 89.9M shares +1.07%
Entity Public Float 95.2M USD +14.6%
Common Stock, Value, Issued 90.1K USD +0.53%
Weighted Average Number of Shares Outstanding, Basic 89.9M shares +0.51%
Weighted Average Number of Shares Outstanding, Diluted 90.2M shares +0.36%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 207M USD +2.32%
Cost of Revenue 156M USD -13.1%
Research and Development Expense 13.1M USD +23.2%
Selling and Marketing Expense 6.22M USD +154%
General and Administrative Expense 14.5M USD +16.1%
Operating Income (Loss) 9.5M USD -116%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 11.4M USD -106%
Income Tax Expense (Benefit) 5.69M USD
Net Income (Loss) Attributable to Parent 11.5M USD -99.7%
Earnings Per Share, Basic 0.13 USD/shares -100%
Earnings Per Share, Diluted 0.13 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 10.4M USD +229%
Accounts Receivable, after Allowance for Credit Loss, Current 34.9M USD -23.4%
Inventory, Net 23.9M USD -36.1%
Other Assets, Current 8.72M USD -93.3%
Assets, Current 130M USD -4.28%
Other Long-term Investments 646K USD -62%
Deferred Income Tax Assets, Net 3.4M USD +189%
Property, Plant and Equipment, Net 89.4M USD -4.51%
Operating Lease, Right-of-Use Asset 3.71M USD +291%
Intangible Assets, Net (Excluding Goodwill) 507K USD -45.8%
Goodwill 1.47M USD
Other Assets, Noncurrent 1.23M USD 0%
Assets 293M USD +2.31%
Accounts Payable, Current 89.5M USD +1.47%
Accrued Liabilities, Current 1.71M USD
Contract with Customer, Liability, Current 784K USD
Liabilities, Current 154M USD -4.41%
Contract with Customer, Liability, Noncurrent 1.09M USD
Operating Lease, Liability, Noncurrent 2.68M USD +480%
Other Liabilities, Noncurrent 536K USD
Liabilities 163M USD -2.51%
Accumulated Other Comprehensive Income (Loss), Net of Tax -9.83M USD +31.4%
Retained Earnings (Accumulated Deficit) -118M USD +8.9%
Stockholders' Equity Attributable to Parent 131M USD +14.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 130M USD +9.06%
Liabilities and Equity 293M USD +2.31%

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 90.1M shares +0.53%
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 47.9M USD +4.76%
Interest Paid, Excluding Capitalized Interest, Operating Activities 160K USD +140%
Deferred Tax Assets, Valuation Allowance 43.7M USD +30.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 4.21M USD +408%
Depreciation 9.6M USD +1.71%
Payments to Acquire Property, Plant, and Equipment 7.9M USD +9.48%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 16M USD -22.1%
Lessee, Operating Lease, Liability, to be Paid 4.67M USD +428%
Property, Plant and Equipment, Gross 146M USD +5.1%
Operating Lease, Liability, Current 1.53M USD +317%
Lessee, Operating Lease, Liability, to be Paid, Year Two 928K USD +254%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.03M USD +261%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -305K USD -15080%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 453K USD +717%
Lessee, Operating Lease, Liability, to be Paid, Year Three 517K USD +276%
Deferred Tax Assets, Operating Loss Carryforwards 38.1M USD +16.1%
Current Income Tax Expense (Benefit) 339K USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 486K USD +3958%
Operating Lease, Payments 121K USD +30.8%
Additional Paid in Capital 247M USD +2.1%
Amortization of Intangible Assets 451K USD -7.95%
Deferred Tax Assets, Net of Valuation Allowance 176K USD -94.6%
Share-based Payment Arrangement, Expense 51.1K USD -47%
Interest Expense 171K USD -42.3%