CBAK Energy Technology (CBAK Energy Technology) Total Assets : $286.5 Mil (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is CBAK Energy Technology Total Assets?

CBAK Energy Technology's Total Assets for the quarter that ended in Mar. 2024 was $286.5 Mil.

During the past 12 months, CBAK Energy Technology's average Total Assets Growth Rate was 7.40% per year. During the past 3 years, the average Total Assets Growth Rate was 28.30% per year. During the past 5 years, the average Total Assets Growth Rate was 23.30% per year. During the past 10 years, the average Total Assets Growth Rate was 10.30% per year.

During the past 13 years, CBAK Energy Technology's highest 3-Year average Total Assets Growth Rate was 4200.20%. The lowest was -89.70%. And the median was 14.10%.

Total Assets is connected with ROA %. CBAK Energy Technology's annualized ROA % for the quarter that ended in Mar. 2024 was 13.86%. Total Assets is also linked to Revenue through Asset Turnover. CBAK Energy Technology's Asset Turnover for the quarter that ended in Mar. 2024 was 0.21.

CBAK Energy Technology Total Assets Historical Data

The historical data trend for CBAK Energy Technology's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CBAK Energy Technology Total Assets Chart

CBAK Energy Technology Annual Data

Trend

Sep14

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

95.58

142.77

262.62

244.03

281.16

CBAK Energy Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															252.17	252.17	286.84	281.16	286.46

CBAK Energy Technology Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

CBAK Energy Technology's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	113.458	+	167.697
	=	281.2

CBAK Energy Technology's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	121.241	+	165.218
	=	286.5

CBAK Energy Technology (NAS:CBAT) Total Assets Explanation

Total Assets is connected with ROA %.

CBAK Energy Technology's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	39.344	/	( (281.155	+	286.459)	/ 2 )
	=	39.344	/	283.807
	=	13.86 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

CBAK Energy Technology's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	58.822	/	( (281.155	+	286.459)	/ 2 )
=	58.822	/	283.807
=	0.21

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

CBAK Energy Technology Total Assets Related Terms

Thank you for viewing the detailed overview of CBAK Energy Technology's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

CBAK Energy Technology (CBAK Energy Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CBAK Energy Technology Inc (NAS:CBAT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

B6JA:Germany

Address

CBAK Industrial Park, Meigui Street, Huayuankou Economic Zone, Liaoning Province, Dalian, CHN, 116450

Website

https://www.cbak.com.cn

CBAK Energy Technology Inc is engaged in the manufacture, commercialization, and distribution of a variety of standard and customized lithium-ion high-power rechargeable batteries which are mainly used in electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and other high power applications. The company manufactures five types of Li-ion rechargeable batteries namely aluminum-case cells, battery packs, cylindrical cells, lithium polymer cells, and high-power lithium battery cells. Geographically, it generates a majority of its revenue from Mainland China and also has an operation in Europe, the United States, Korea, and Other Countries.

Executives

Jiewei Li	officer: CFO	CBAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN CITY, LIAONING PROVINCE F4 116450
Yunfei Li	director, 10 percent owner, officer: CEO	BAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN F4 116422
Xiangyu Pei	director	BAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN F4 116450
Asia Evk New Energy Auto Ltd	10 percent owner	FLAT/RM B, 8/F, WING ON CHEONG BLDG, 5 WING LOK STREET, CENTRAL, HONG KONG K3 0000000
Ping Shen	10 percent owner	GROUP 1 LIVESTOCK RANCH, HUAIJIA TOWN, YUSHU CITY, JILIN PROVINCE F4 130416
Dawei Li	10 percent owner	NO. 11 MEIGUI STREET (EAST), HUAYUANKOU ECONOMIC DISTRICT, DALIAN F4 116450
Mu Li	10 percent owner	A-3003, PENGDUDASHA, NANGUANG ROAD, NANSHAN DISTRICT, SHENZHEN F4 518054
Wei Qi	10 percent owner	3-B1005, HUAYUAN, TIANJIAN XIANDAICHENG, LONGGANG DISTRICT, SHENZHEN F4 518000
Xiangqian Li	director, 10 percent owner, officer: Chairman, President & CEO	BAK INDUSTRIAL PAR, NO. 1 BAK STREET, KUICHONG TOWN, LONGGANG DISTRICT, SHENZHEN F4 518119
J. Simon Xue	director	3353 ROBERT BURNS DRIVE, RICHFIELD OH 44286
Chunzhi Zhang	director	ROOM 1505, BLOCK B TAIRAN 9TH ROAD, CHENGONGMIAO, FUTIAN DISTRICT, SHENZHEN F4 518000
Wenwu Wang	officer: Interim CFO and Treasurer	BAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN F4 116422
Guosheng Wang	director	BAK INDUSTRIAL PARK, NO, 1 BAK STREET, KUICHONG TOWN, LONGGANG DISTRICT, SHENZHEN F4 518119
Jian Lin	officer: Int. Chief Technical Officer	BAK INDUSTRIAL PARK, NO, 1 BAK STREET, KUICHONG TOWN, LONGGANG DISTRICT, SHENZHEN F4 518119
Jianjun He	director	THT INDUSTRIAL PARK, NO. 5 NANHUAN ROAD, TIEXI DISTRICT, SIPING F4 136000