K-Line Chart, actual market data is subject to the trading page.
Key Data
Prev. Open
$0.81
Prev. Close
$0.95
Prev. Day's Range
$0.80 - $0.95
52W Range
$0.46 - $1.24
Trading Volume
1.367M
MC
$84.214M
P/E Ratio
--
EPS
$-0.20
Company Overview
NASDAQ
CBAK Energy Technology, Inc. develops, manufactures, and sells lithium batteries in mainland China, the United States, Israel, and internationally. The company is headquartered in Dalian, China.
SectorINDUSTRIALS
IndustryELECTRICAL EQUIPMENT & PARTS
HeadquartersCBAK INDUSTRIAL PARK, DALIAN, CHINA, 116450
CBAK Energy Technology, Inc. (CBAT) is a leading Chinese company specializing in developing, manufacturing, and selling lithium-ion rechargeable batteries. The company serves a broad range of industries, including electric vehicles (EVs), energy storage systems, and other applications requiring advanced battery technologies.
CBAK Energy Technology, Inc. operates in the renewable energy sector within the lithium-ion battery industry. This industry is critical to supporting the transition toward sustainable energy, particularly for electric vehicles and energy storage solutions.
The primary revenue drivers for CBAK Energy Technology, Inc. include its lithium-ion battery sales for electric vehicles, energy storage systems, and other industrial applications. The increasing global demand for EVs and renewable energy projects boosts the company’s market potential.
CBAK Energy Technology competes with other global battery manufacturers, including companies like CATL, BYD, Panasonic, and LG Energy Solution. Competition is influenced by advancements in battery technology, production capacity, and cost efficiency.
Key risks include fluctuations in raw materials prices, intense competition in the battery industry, regulatory challenges, and the evolving demand for EVs and renewable energy products. Additionally, being a China-based company, CBAT may face geopolitical trade risk and currency fluctuations.
No, CBAK Energy Technology, Inc. does not currently pay dividends. The company’s earnings are reinvested to support growth initiatives, such as expanding production capacity and developing new battery technologies.
CBAK Energy stands to benefit from the global growth in electric vehicles and the increasing demand for energy storage solutions. Government incentives for green energy and the shift away from fossil fuels create opportunities to expand its customer base and innovate in battery technology.
Factors that could impact CBAT’s stock include demand for lithium-ion batteries, advancements in battery technology, pricing of raw materials like lithium and cobalt, and regulatory policies regarding clean energy and EVs. Additionally, global economic conditions and competition could influence its performance.
Risk Warning
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