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Equipment Expense at other companies

Bank7 Corp. logo
Bank7 Corp.BSVN
$342K+36.8%
SB Financial Group logo
SB Financial GroupSBFG
$1.24M+16.0%
Norwood Financial logo
Norwood FinancialNWFL
$351.25K+25.3%
Texas Community Bancshares, Inc. logo
Texas Community Bancshares, Inc.TCBS
$288K+16.6%
Blue Ridge Bankshares logo
Blue Ridge BanksharesBRBS
$1.24M-10.3%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$287K+8.3%

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-51.1%
Enterprise value$41.9M-73.8%
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:EquipmentExpense.

The official record: CBAK Energy Technology, Inc.’s 10-Q, filed August 20, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does equipment expense mean?
The total costs incurred for the maintenance, repair, or short-term rental of machinery and equipment necessary for production. This excludes capitalized capital expenditures and focuses on recurring operational upkeep.