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CBAK Energy Technology, Inc. CBAT Proceeds From Direct Offering And Private Placement

Proceeds From Direct Offering And Private Placement at other companies

Quantum Computing Inc. logo
Quantum Computing Inc.QUBT
$3.2M-86.4%
Evommune
 logo
Evommune EVMN
$8M
SVC
Stellar V Capital Corp. Class A Ordinary SharesSVCC
$5.55M
American Battery Technology Company logo
American Battery Technology CompanyABAT
$3.75M
VAT
InnovateVATE
$0-100%
JAC
Jackson Acquisition Company IIJACS
$8.4M

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 cbat:ProceedsFromDirectOfferingAndPrivatePlacement.

The official record: CBAK Energy Technology, Inc.’s 10-Q, filed May 14, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is CBAK Energy Technology, Inc.'s proceeds from direct offering and private placement?
CBAK Energy Technology, Inc. (CBAT) reported proceeds from direct offering and private placement of $70M in Q1 2024.
How has CBAK Energy Technology, Inc.'s proceeds from direct offering and private placement changed year-over-year?
CBAK Energy Technology, Inc.'s proceeds from direct offering and private placement increased by 300.0% year-over-year, from $17.5M to $70M.
What does proceeds from direct offering and private placement mean?
Captures the cash proceeds generated from the issuance of equity or debt securities through private channels rather than public markets. This metric highlights the company's ability to raise capital through targeted investor relationships.