CBAK Energy Technology P/S 2024

CBAK Energy Technology P/S

0.4

CBAK Energy Technology Dividend yield

Ticker

CBAT

ISIN

US14986C1027

WKN

A2DKLR

As of May 18, 2024, CBAK Energy Technology's P/S ratio stood at 0.4, a -9.09% change from the 0.44 P/S ratio recorded in the previous year.

The CBAK Energy Technology P/S history

CBAK Energy Technology Aktienanalyse

What does CBAK Energy Technology do?

CBAK Energy Technology Inc. is a leading Chinese manufacturer of rechargeable lithium-ion batteries. The company was founded in China in 1999 and is headquartered in Dalian. CBAK has been listed on the NASDAQ stock exchange since 2006 and also has a location in the USA. The company initially began with the production of nickel-cadmium batteries but later switched to manufacturing lithium-ion batteries due to the increasing demand from mobile devices. CBAK's business model focuses on the industrial sector, consumer market, and the automotive sector. The company produces batteries for energy and storage applications, as well as for mobile devices and electric vehicles. CBAK also owns the well-known brand ATL (Amperex Technology Limited) and offers a range of products tailored to different customer needs, including batteries for electric vehicles and storage batteries for household applications. The company emphasizes innovation and technology, investing in research and development to improve its product range and technology. In summary, CBAK Energy Technology Inc. is a significant Chinese manufacturer of lithium-ion batteries with a diverse business model and high-quality products. The company has expanded its expertise into various industries and markets and continues to invest in innovative battery solutions to meet customer needs. CBAK Energy Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding CBAK Energy Technology's P/S Ratio

CBAK Energy Technology's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing CBAK Energy Technology's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating CBAK Energy Technology's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in CBAK Energy Technology’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about CBAK Energy Technology Stock

What is the price-to-earnings ratio of CBAK Energy Technology?

The price-earnings ratio of CBAK Energy Technology is currently 0.4.

How has the price-earnings ratio of CBAK Energy Technology changed compared to last year?

The price-to-earnings ratio of CBAK Energy Technology has increased by -9.09% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of CBAK Energy Technology high compared to other companies?

Yes, the price-to-earnings ratio of CBAK Energy Technology is high compared to other companies.

How does an increase in the price-earnings ratio of CBAK Energy Technology affect the company?

An increase in the price-earnings ratio of CBAK Energy Technology would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of CBAK Energy Technology affect the company?

A decrease in the price-earnings ratio of CBAK Energy Technology would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of CBAK Energy Technology?

Some factors that influence the price-earnings ratio of CBAK Energy Technology are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does CBAK Energy Technology pay?

Over the past 12 months, CBAK Energy Technology paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, CBAK Energy Technology is expected to pay a dividend of 0 USD.

What is the dividend yield of CBAK Energy Technology?

The current dividend yield of CBAK Energy Technology is .

When does CBAK Energy Technology pay dividends?

CBAK Energy Technology pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of CBAK Energy Technology?

CBAK Energy Technology paid dividends every year for the past 0 years.

What is the dividend of CBAK Energy Technology?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is CBAK Energy Technology located?

CBAK Energy Technology is assigned to the 'Industry' sector.

Wann musste ich die Aktien von CBAK Energy Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of CBAK Energy Technology from 5/18/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/18/2024.

When did CBAK Energy Technology pay the last dividend?

The last dividend was paid out on 5/18/2024.

What was the dividend of CBAK Energy Technology in the year 2023?

In the year 2023, CBAK Energy Technology distributed 0 USD as dividends.

In which currency does CBAK Energy Technology pay out the dividend?

The dividends of CBAK Energy Technology are distributed in USD.

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Andere Kennzahlen von CBAK Energy Technology

Our stock analysis for CBAK Energy Technology Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CBAK Energy Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.