CBAK Energy Technology, Inc. (CBAT)

NASDAQ: CBAT · IEX Real-Time Price · USD
1.270
-0.005 (-0.39%)
Jul 22, 2024, 12:34 PM EDT - Market open
-0.39%
Market Cap 114.67M
Revenue (ttm) 220.86M
Net Income (ttm) 8.77M
Shares Out 89.94M
EPS (ttm) 0.09
PE Ratio 14.17
Forward PE 7.35
Dividend n/a
Ex-Dividend Date n/a
Volume 110,064
Open 1.250
Previous Close 1.275
Day's Range 1.250 - 1.290
52-Week Range 0.760 - 2.080
Beta 1.95
Analysts n/a
Price Target n/a
Earnings Date Aug 7, 2024

About CBAT

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 ... [Read more]

Sector Industrials
Founded 1999
Employees 1,456
Stock Exchange NASDAQ
Ticker Symbol CBAT
Full Company Profile

Financial Performance

In 2023, CBAT's revenue was $204.44 million, a decrease of -17.81% compared to the previous year's $248.73 million. Losses were -$2.45 million, -74.08% less than in 2022.

Financial Statements

News

CBAK Energy Secures Nearly USD7 Million Order From Renowned European Client

DALIAN, China , June 14, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution pro...

5 weeks ago - PRNewsWire

CBAK Energy Unveils Breakthrough in Fast-Charging Technology with Enhanced Model 32140 Battery, Achieving Full Charge in Just 35 Minutes

DALIAN, China , June 4, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution prov...

6 weeks ago - PRNewsWire

CBAK Energy Reports First Quarter 2024 Unaudited Financial Results

- Expected net income from the battery business to be between RMB220 million and RMB250 million for the full year of 2 024 DALIAN, China , May 10, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NA...

2 months ago - PRNewsWire

CBAK Energy to Report First Quarter 2024 Unaudited Financial Results on Friday, May 10, 2024

DALIAN, China , May 3, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provi...

2 months ago - PRNewsWire

CBAK Energy Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

DALIAN, China, March 15, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution prov...

4 months ago - PRNewsWire

CBAK Energy to Report Fourth Quarter and Full Year 2023 Unaudited Financial Results on Friday, March 15, 2024

DALIAN, China , March 6, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution pro...

4 months ago - PRNewsWire

CBAK Energy Reports Third Quarter 2023 Unaudited Financial Results

DALIAN, China , Nov. 9, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provi...

9 months ago - PRNewsWire

CBAK Energy to Report Third Quarter 2023 Unaudited Financial Results on Thursday, November 9, 2023

DALIAN, China , Oct. 30, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution pro...

9 months ago - PRNewsWire

CBAK Energy Announces a Strategic Investment in BAK Power

DALIAN, China , Sept. 28, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution pr...

10 months ago - PRNewsWire

CBAK Energy Secures Significant Order from Anker Innovations for its Lithium-ion Battery

DALIAN, China , Sept. 20, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution pr...

10 months ago - PRNewsWire

CBAK Energy Reports Second Quarter and First Half 2023 Unaudited Financial Results

DALIAN, China , Aug. 9, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provi...

1 year ago - PRNewsWire

CBAK Energy to Report Second Quarter & First Half 2023 Unaudited Financial Results on Wednesday, August 9, 2023

DALIAN, China, July 26, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution prov...

1 year ago - PRNewsWire

CBAK Energy Expands Battery Production Capacities through Strategic Collaborations in Shangqiu City, Henan, China

Meeting Surging Demand for Lithium-ion Batteries with Cost-Effective Expansion DALIAN, China , July 21, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company...

1 year ago - PRNewsWire

CBAK Energy Announces a 3-year Strategic Partnership for RMB 180 Million Lithium-Ion Battery Order with Echom

DALIAN, China , July 10, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution pro...

1 year ago - PRNewsWire

CBAK Energy Enters Into Strategic Agreements with HiNa Battery and Hello Tech

-  Becoming the First Company to Achieve Mass Production and Commercialization of Large Cylindrical Sodium Batteries DALIAN, China , June 28, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ:...

1 year ago - PRNewsWire

CBAK Energy to Host its Inaugural Corporate Open Day on June 28, 2023 and Announces Webcast Access Details

DALIAN, China , June 26, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution pro...

1 year ago - PRNewsWire

CBAK Received Order From Viessmann Group for EUR116.5 Million of Lithium-Ion Batteries for 2024

Total orders from Viessmann in 2022 and 2023 have reached EUR176.1 million DALIAN, China , June 15, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), ...

1 year ago - PRNewsWire

CBAK Partners with Hello Tech, the parent company of Jackery, a premier global portable power supplier, to Advance Sodium-ion Battery R&D

Secured RMB25 million in funding from Hello Tech for Sodium-ion Battery R&D Program Hello Tech, as CBAK Energy's first client for sodium-ion batteries with orders potentially worth several hundred mil...

1 year ago - PRNewsWire

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

DALIAN, China , May 17, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution prov...

1 year ago - PRNewsWire

CBAK Energy Reports First Quarter 2023 Unaudited Financial Results

DALIAN, China , May 10, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provi...

1 year ago - PRNewsWire

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

DALIAN, China , May 2, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provi...

1 year ago - PRNewsWire

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

CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that its wholl...

1 year ago - PRNewsWire

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

CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited fi...

1 year ago - PRNewsWire

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

DALIAN, China , March 31, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution pr...

1 year ago - PRNewsWire

CBAK Energy Reports Third Quarter 2022 Unaudited Financial Results

--Net Revenues up 504% year over year in the third quarter – DALIAN, China , Nov. 14, 2022 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithi...

1 year ago - PRNewsWire