CBAK Energy Technology (NASDAQ:CBAT) Shareholders Will Want The ROCE Trajectory To Continue [Yahoo! Finance]
CBAK Energy Technology, Inc. (CBAT)
Company Research
Source: Yahoo! Finance
Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at CBAK Energy Technology NASDAQ:CBAT ) and its trend of ROCE, we really liked what we saw. Return On Capital Employed (ROCE): What Is It? If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for CBAK Energy Technology: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = US$17m ÷ (US$293m - US$154m) (Based on the trailing twelve months to September 2024) So, CBAK Energy Technology has an ROCE of 12%. In absolute terms, that's a pretty normal return, and it's somewhat close to the Elect
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CBAT
News
- CBAK Energy Technology receives orders from Anker Innovations, shares up over 26% [Seeking Alpha]Seeking Alpha
- CBAK Energy Technology, Inc. Announces Significant Orders from Anker Innovations, totaling around USD 30 Million to 35 MillionPR Newswire
- Battery Management System Business Research Report 2024: Global Market to Grow by $17.1 Billion by 2030, Expansion of Smart Grid Infrastructure, and Adoption of EVs [Yahoo! Finance]Yahoo! Finance
- One Analyst Just Shaved Their CBAK Energy Technology, Inc. (NASDAQ:CBAT) Forecasts Dramatically [Yahoo! Finance]Yahoo! Finance
- While shareholders of CBAK Energy Technology (NASDAQ:CBAT) are in the black over 5 years, those who bought a week ago aren't so fortunate [Yahoo! Finance]Yahoo! Finance
CBAT
Earnings
- 11/12/24 - Miss
CBAT
Sec Filings
- 12/9/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- CBAT's page on the SEC website