Cbak Energy Technology Stock Today
| CBAT Stock | USD 1.01 0.05 5.21% |
Performance0 of 100
| Odds Of DistressLess than 34
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CBAK Energy is selling for under 1.01 as of the 24th of April 2024; that is 5.21 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.96. CBAK Energy has about a 34 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for CBAK Energy Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 25th of September 2002 | Category Industrials |
CBAK Energy Technology, Inc., together with its subsidiaries, develops, manufactures, and sells lithium batteries in Mainland China, the United States, Korea, Europe, and internationally. CBAK Energy Technology, Inc. was incorporated in 1999 and is based in Dalian, China. The company has 89.92 M outstanding shares of which 1.04 M shares are currently shorted by private and institutional investors with about 7.01 trading days to cover. More on CBAK Energy Technology
Moving against CBAK Stock
| 0.59 | WIRE | Encore Wire | PairCorr |
| 0.55 | FREY | FREYR Battery SA Financial Report 20th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
CBAK Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CBAK Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CBAK Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Yunfei Li | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electrical Components & Equipment, Electrical Equipment & Parts, Industrials, NASDAQ Composite, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from CBAK Energy's financial statements, CBAK Energy Technology is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of CBAK Energy Technology is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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CBAK Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CBAK Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CBAK Energy's financial leverage. It provides some insight into what part of CBAK Energy's total assets is financed by creditors.
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CBAK Energy Technology (CBAT) is traded on NASDAQ Exchange in USA. It is located in CBAK Industrial Park, Dalian, China, 116450 and employs 1,456 people. CBAK Energy is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 86.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CBAK Energy's market, we take the total number of its shares issued and multiply it by CBAK Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CBAK Energy Technology conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 89.92 M outstanding shares of which 1.04 M shares are currently shorted by private and institutional investors with about 7.01 trading days to cover.
CBAK Energy Technology currently holds about 4.46 M in cash with 46.51 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check CBAK Energy Probability Of Bankruptcy
Ownership AllocationCBAK Energy Technology shows a total of 89.92 Million outstanding shares. CBAK Energy Technology owns 19.87 % of its outstanding shares held by insiders and 2.02 % owned by institutions. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check CBAK Ownership Details
CBAK Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of CBAK Energy jumping above the current price in 90 days from now is about 56.17%. The CBAK Energy Technology probability density function shows the probability of CBAK Energy stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.003 suggesting CBAK Energy Technology market returns are related to returns on the market. As the market goes up or down, CBAK Energy is expected to follow. Additionally, cBAK Energy Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of CBAK Energy to move above the current price in 90 days from now is about 56.17 (This CBAK Energy Technology probability density function shows the probability of CBAK Stock to fall within a particular range of prices over 90 days) .
CBAK Stock Institutional Holders
Institutional Holdings refers to the ownership stake in CBAK Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CBAK Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CBAK Energy's value.| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2023-12-31 | 15 K | |
| Bcj Capital Management, Llc | 2023-12-31 | 15 K | |
| Benchmark Investment Advisors Llc | 2023-12-31 | 15 K | |
| National Asset Management Inc | 2023-12-31 | 12.2 K | |
| Empirical Financial Services, Llc | 2023-12-31 | 10.2 K | |
| Tower Research Capital Llc | 2023-12-31 | 7.8 K | |
| Concord Wealth Partners | 2023-12-31 | 2.8 K | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 1.9 K | |
| Massmutual Trust Co Fsb/adv | 2023-12-31 | 900 | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 612.6 K | |
| State Street Corporation | 2023-12-31 | 302 K |
CBAK Energy Historical Income Statement
CBAK Energy Technology Income Statement is one of the three primary financial statements used for reporting CBAK's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CBAK Energy Technology revenue and expense. CBAK Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CBAK Energy's Depreciation And Amortization is comparatively stable compared to the past year. Gross Profit is likely to gain to about 33.3 M in 2024, whereas Total Revenue is likely to drop slightly above 118.6 M in 2024. View More FundamentalsCBAK Stock Against Markets
Picking the right benchmark for CBAK Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CBAK Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CBAK Energy is critical whether you are bullish or bearish towards CBAK Energy Technology at a given time. Please also check how CBAK Energy's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in CBAK Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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CBAK Energy Corporate Management
Elected by the shareholders, the CBAK Energy's board of directors comprises two types of representatives: CBAK Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CBAK. The board's role is to monitor CBAK Energy's management team and ensure that shareholders' interests are well served. CBAK Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CBAK Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Xiangyu Pei | S CFO | Profile | |
| Jian Lin | Interim Chief Technical Officer | Profile | |
| Guosheng Wang | Consultant | Profile | |
| Jiewei Thierry | Investor Officer | Profile | |
| Yongbin Han | CFO Investments | Profile |
How to buy CBAK Stock?
Before investing in CBAK Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CBAK Energy. To buy CBAK Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CBAK Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CBAK Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CBAK Energy Technology stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CBAK Energy Technology stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CBAK Energy Technology, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy CBAK Stock please use our How to Invest in CBAK Energy guide.
Already Invested in CBAK Energy Technology?
The danger of trading CBAK Energy Technology is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CBAK Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CBAK Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CBAK Energy Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CBAK Energy Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CBAK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cbak Energy Technology Stock. Highlighted below are key reports to facilitate an investment decision about Cbak Energy Technology Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CBAK Energy Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the CBAK Energy Technology information on this page should be used as a complementary analysis to other CBAK Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for CBAK Stock analysis
When running CBAK Energy's price analysis, check to measure CBAK Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CBAK Energy is operating at the current time. Most of CBAK Energy's value examination focuses on studying past and present price action to predict the probability of CBAK Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBAK Energy's price. Additionally, you may evaluate how the addition of CBAK Energy to your portfolios can decrease your overall portfolio volatility.
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Is CBAK Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CBAK Energy. If investors know CBAK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CBAK Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (0.03) | Revenue Per Share 2.291 | Quarterly Revenue Growth 0.032 | Return On Assets (0.0004) |
The market value of CBAK Energy Technology is measured differently than its book value, which is the value of CBAK that is recorded on the company's balance sheet. Investors also form their own opinion of CBAK Energy's value that differs from its market value or its book value, called intrinsic value, which is CBAK Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CBAK Energy's market value can be influenced by many factors that don't directly affect CBAK Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CBAK Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CBAK Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CBAK Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.