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CBAK Energy Technology, Inc. CBAT Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Equipment

Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Equipment at other companies

CBAK Energy Technology, Inc. logo
CBAK Energy Technology, Inc.CBAT
$21.19M
CBAK Energy Technology, Inc. logo
CBAK Energy Technology, Inc.CBAT
$2.5M
CBAK Energy Technology, Inc. logo
CBAK Energy Technology, Inc.CBAT
$3.14K
CBAK Energy Technology, Inc. logo
CBAK Energy Technology, Inc.CBAT
$29.64M
Tecnoglass logo
TecnoglassTGLS
-$649K
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$403M

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:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedEquipment.

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 business combination recognized identifiable assets acquired and liabilities assumed equipment?
CBAK Energy Technology, Inc. (CBAT) reported business combination recognized identifiable assets acquired and liabilities assumed equipment of $21.19M in Q3 2023.
What does business combination recognized identifiable assets acquired and liabilities assumed equipment mean?
The fair value of machinery, tools, and production equipment acquired through a business combination. This metric quantifies the tangible manufacturing capacity added to the company's asset base. It is critical for evaluating the operational scale and technological capabilities gained via acquisition.