What is CBAK Energy Technology, Inc.'s net assets acquired?

CBAK Energy Technology, Inc. (CBAT) reported net assets acquired of $1.61M in Q1 2023.

CBAK Energy Technology, Inc. CBAT Net assets acquired

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%

Cash & equivalents$98.6M+107%

Total debt$88.1M+32.8%

Total equity$105.2M-12.9%

Total assets$491.0M+57.6%

Operating cash flow$22.3M+332%

CapEx$11.8M-7.1%

Free cash flow$10.5M+147%

Market cap$52.44M-51.1%

Enterprise value$41.9M-73.8%

P/S0.2×-0.5×

Gross margin6.4%-11.8pp

Operating margin-11%—

Net margin-7.4%—

FCF margin0.4%-5.3pp

Return on equity-15.1%—

Debt / equity0.8×+0.3×

Current ratio0.6×-0.2×

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

Tagged under the XBRL concept us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet.

The official record: CBAK Energy Technology, Inc.’s 10-Q, filed May 15, 2023, on SEC EDGAR. View the filing →

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What is CBAK Energy Technology, Inc.'s net assets acquired?: CBAK Energy Technology, Inc. (CBAT) reported net assets acquired of $1.61M in Q1 2023.