CBAK Energy Technology, Inc.CBAT

$0.68+0.02 (+2.31%)
NASDAQIndustrials24:00 UTC

Company snapshot

Market Cap
$61M
Micro-cap
+55%
2016 — today
10-Year Price
-70%
2016 — today
52-Week Range
$0.67$1.22
Current $0.68· 3%

CBAK Energy Technology, Inc., established in Dalian, China, in 1999, is a global enterprise specializing in the research, manufacturing, and distribution of lithium batteries. Through its various subsidiaries, the company serves markets worldwide, including significant operations in Mainland China, the United States, Korea, and Europe. Their lithium battery solutions are utilized in a broad spectrum of applications. This includes powering various electric vehicles, such as electric cars, buses, and hybrid models, as well as light electric transport like e-bicycles, electric motors, and sightseeing vehicles. Beyond transportation, CBAK's batteries are essential components for electric tools, energy storage systems, uninterruptible power supplies (UPS), and other demanding high-power and cordless power tool applications. The company officially changed its name from China BAK Battery, Inc. to CBAK Energy Technology, Inc. in January 2017.

Valuation in context

P/E ratio
-3.6
N/A
Not meaningful — company is unprofitable
P/B ratio
0.6
Near historic low
Near historic low — last 10 years
FCF Yield
60.2%
Near historic high
Near historic highs — last 10 years
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