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CBAK Energy Technology, Inc. CBAT Assets Acquired in Business Combination

Assets Acquired in Business Combination at other companies

KEE
Keel Infrastructure Corp. Common StockKEEL
$3.27M
Tecnoglass logo
TecnoglassTGLS
$637K
BioSig Technologies, Inc. logo
BioSig Technologies, Inc.STEX
$118.35M
Home Bancorp logo
Home BancorpHBCP
$2.1B0.0%
GBC
Glacier BancorpGBCI
$3.1B
CBAK Energy Technology, Inc. logo
CBAK Energy Technology, Inc.CBAT
$1.96M

Other financials

Income statement

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Revenue$69.6M+99.3%
Gross profit$1.0M-78.3%
Operating income-$9.7M-239%
Net income-$9.3M-488%
EPS (diluted)-$0.10-400%

Balance sheet

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Cash & equivalents$98.6M+107%
Total debt$88.1M+32.8%
Total equity$105.2M-12.9%
Total assets$491.0M+57.6%

Cash flow

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Operating cash flow$22.3M+332%
CapEx$11.8M-7.1%
Free cash flow$10.5M+147%

Valuation

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Market cap$52.44M-52.2%
Enterprise value$41.9M-74.5%
P/S0.2×-0.5×

Profitability

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Gross margin6.4%-11.8pp
Operating margin-11%
Net margin-7.4%
FCF margin0.4%-5.3pp

Returns & leverage

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Return on equity-15.1%
Debt / equity0.8×+0.3×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by CBAK Energy Technology, Inc. in its filing.

Tagged under the XBRL concept us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets.

The official record: CBAK Energy Technology, Inc.’s 10-Q, filed November 9, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is CBAK Energy Technology, Inc.'s assets acquired in business combination?
CBAK Energy Technology, Inc. (CBAT) reported assets acquired in business combination of $1.96M in Q3 2023.
What does assets acquired in business combination mean?
The total fair value of all identifiable assets, both tangible and intangible, obtained through a business combination. This metric provides a comprehensive view of the resource base added to the company's balance sheet. It is used to assess the overall scale and asset intensity of an acquisition.