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China BAK Battery (CBAT)

(Delayed Data from NSDQ)

$1.05 USD

1.05
74,051

+0.02 (1.94%)

Updated Apr 26, 2024 03:59 PM ET

After-Market: $1.05 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 20% (51 out of 252)

Industry: Electronics - Power Generation

Better trading starts here.

Balance Sheet

Fiscal Year End for China BAK Battery, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 59 37 26 21 7
Receivables 29 33 52 30 8
Notes Receivable 0 0 0 0 0
Inventories 33 49 30 5 9
Other Current Assets 7 6 14 8 5
Total Current Assets 128 126 123 63 28
Net Property & Equipment 129 100 117 71 60
Investments & Advances 3 1 1 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 2 1 0 0
Intangibles 13 14 17 0 0
Deposits & Other Assets 7 0 1 1 0
Total Assets 281 244 263 143 96
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 33 16 13 1 10
Accounts Payable 82 67 65 28 15
Current Portion Long-Term Debt 0 0 0 14 17
Current Portion Capital Leases 2 1 0 0 0
Accrued Expenses 42 26 23 12 16
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1 2 10 19 2
Total Current Liabilities 161 112 113 74 59
Mortgages 0 0 0 0 0
Deferred Taxes/Income 6 6 6 7 4
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 10
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1 2 2 9 9
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 168 120 122 90 82
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 14 14 14 14 14
Capital Surplus 247 246 242 225 180
Retained Earnings -134 -132 -123 -184 -176
Other Equity -10 0 11 1 0
Treasury Stock 4 4 4 4 4
Total Shareholder's Equity 113 124 141 52 14
Total Liabilities & Shareholder's Equity 281 244 263 143 96
Total Common Equity 113 124 141 52 14
Shares Outstanding 89.40 88.90 88.70 66.40 44.10
Book Value Per Share 1.27 1.40 1.59 0.79 0.31

Fiscal Year End for China BAK Battery, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 59 46 44 43
Receivables NA 29 46 30 30
Notes Receivable NA 0 0 0 0
Inventories NA 33 37 42 51
Other Current Assets NA 7 7 5 6
Total Current Assets NA 128 136 120 130
Net Property & Equipment NA 129 129 114 104
Investments & Advances NA 3 1 1 1
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 3 3 3
Intangibles NA 13 12 13 14
Deposits & Other Assets NA 7 4 0 0
Total Assets NA 281 287 252 252
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 33 34 27 19
Accounts Payable NA 82 88 76 78
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 2 0 0 0
Accrued Expenses NA 42 38 28 22
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 1 1 1 1
Total Current Liabilities NA 161 161 132 122
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 6 5 5 6
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 0 2
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 168 167 138 129
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 14 14 14 14
Capital Surplus NA 247 247 247 246
Retained Earnings NA -134 -130 -136 -133
Other Equity NA -10 -8 -7 0
Treasury Stock NA 4 4 4 4
Total Shareholder's Equity NA 113 120 114 123
Total Liabilities & Shareholder's Equity NA 281 287 252 252
Total Common Equity 0 113 120 114 123
Shares Outstanding 89.90 89.40 89.40 89.00 89.00
Book Value Per Share 0.00 1.27 1.34 1.28 1.38