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

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

CBAK Energy Technology, Inc. logo
CBAK Energy Technology, Inc.CBAT
$2.5M
CBAK Energy Technology, Inc. logo
CBAK Energy Technology, Inc.CBAT
$21.19M
CBAK Energy Technology, Inc. logo
CBAK Energy Technology, Inc.CBAT
$3.14K
Tecnoglass logo
TecnoglassTGLS
$6.26M
Tecnoglass logo
TecnoglassTGLS
-$81K
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:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings.

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 buildings?
CBAK Energy Technology, Inc. (CBAT) reported business combination recognized identifiable assets acquired and liabilities assumed buildings of $2.5M in Q3 2023.
What does business combination recognized identifiable assets acquired and liabilities assumed buildings mean?
The fair value of building structures acquired as part of a business combination. This represents the real estate footprint and physical infrastructure obtained to support ongoing operations. It serves as a measure of the long-term capital investment acquired through inorganic growth.