Strong week for CBAK Energy Technology (NASDAQ:CBAT) shareholders doesn't alleviate pain of three-year loss [Yahoo! Finance]
CBAK Energy Technology, Inc. (CBAT)
Company Research
Source: Yahoo! Finance
But the last three years have seen a terrible decline. Indeed, the share price is down a whopping 79% in the last three years. Arguably, the recent bounce is to be expected after such a bad drop. But the more important question is whether the underlying business can justify a higher price still. On a more encouraging note the company has added US$12m to its market cap in just the last 7 days, so let's see if we can determine what's driven the three-year loss for shareholders. View our latest analysis for CBAK Energy Technology Because CBAK Energy Technology made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually expect strong revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth. Over three years, CBAK Energy Technology grew revenue at 64% per year. That's well a
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CBAT
News
- CBAK Energy Technology, Inc. (NASDAQ:CBAT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CBAK Energy Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- CBAK Energy Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsPR Newswire
- CBAK Energy to Report Fourth Quarter and Full Year 2023 Unaudited Financial Results on Friday, March 15, 2024PR Newswire
CBAT
Earnings
- 11/9/23 - Beat
CBAT
Sec Filings
- 4/29/24 - Form 10-K/A
- 4/16/24 - Form S-8
- 3/15/24 - Form 10-K
- CBAT's page on the SEC website