Even after rising 11% this past week, CBAK Energy Technology (NASDAQ:CBAT) shareholders are still down 80% over the past three years

Simply Wall St.03-06

This week we saw the CBAK Energy Technology, Inc. (NASDAQ:CBAT) share price climb by 11%. But only the myopic could ignore the astounding decline over three years. In that time the share price has...

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In that time the share price has...</p>\n\n<a href=\"https://simplywall.st/stocks/us/capital-goods/nasdaq-cbat/cbak-energy-technology/news/even-after-rising-11-this-past-week-cbak-energy-technology-n\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Even after rising 11% this past week, CBAK Energy Technology (NASDAQ:CBAT) shareholders are still down 80% over the past three years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEven after rising 11% this past week, CBAK Energy Technology (NASDAQ:CBAT) shareholders are still down 80% over the past three years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-06 18:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/capital-goods/nasdaq-cbat/cbak-energy-technology/news/even-after-rising-11-this-past-week-cbak-energy-technology-n><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week we saw the CBAK Energy Technology, Inc. (NASDAQ:CBAT) share price climb by 11%.    But only the myopic could ignore the astounding decline over three years.  In that time the share price has...</p>\n\n<a href=\"https://simplywall.st/stocks/us/capital-goods/nasdaq-cbat/cbak-energy-technology/news/even-after-rising-11-this-past-week-cbak-energy-technology-n\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQQQ","symbol_name":"纳指三倍做空ETF","start_time":0,"source_url":"https://simplywall.st/stocks/us/capital-goods/nasdaq-cbat/cbak-energy-technology/news/even-after-rising-11-this-past-week-cbak-energy-technology-n","article_id":"2417264108","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/3051000-choice1-main-header/1585186568557"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2417264108","pubTimestamp":1709719616,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"This week we saw the CBAK Energy Technology, Inc. ( NASDAQ:CBAT ) share price climb by 11%. But only the myopic could...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"SQQQ":"纳指三倍做空ETF","BK4585":"ETF&股票定投概念","PSQ":"纳指反向ETF","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","QID":"纳指两倍做空ETF","BK4588":"碎股","NDAQ":"纳斯达克OMX交易所","BK4096":"电气部件与设备","QLD":"纳指两倍做多ETF","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF","BK4112":"金融交易所和数据","CBAT":"中比能源","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD",".IXIC":"NASDAQ Composite"},"translate_title":"CBAK能源技术公司（纳斯达克：CBAT）的股东在过去一周上涨了11%之后，在过去三年里仍然下跌了80%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CBAT":1,"NDAQ":1,".IXIC":1,"TQQQ":0.6,"SQQQ":0.6,"QQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"This week we saw the CBAK Energy Technology, Inc. (NASDAQ:CBAT) share price climb by 11%.    But only the myopic could ignore the astounding decline over three years.  In that time the share price has melted like a snowball in the desert, down 80%.  So it's about time shareholders saw some gains.  Of course the real question is whether the business can sustain a turnaround.      The recent uptick of 11% could be a positive sign of things to come, so let's take a look at historical fundamentals.   See our latest analysis for CBAK Energy Technology   Because CBAK Energy Technology made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now.  When a company doesn't make profits, we'd generally expect to see good revenue growth.  That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.   Over three years, CBAK Energy Technology grew revenue at 64% per year.   That is faster than most pre-profit companies.   So why has the share priced crashed 22% per year, in the same time?  The share price makes us wonder if there is an issue with profitability.  Ultimately, revenue growth doesn't amount to much if the business can't scale well.  If the company is low on cash, it may have to raise capital soon.       The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). NasdaqCM:CBAT Earnings and Revenue Growth March 6th 2024 It's probably worth noting that the CEO is paid less than the median at similar sized companies.  It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years.   If you are thinking of buying or selling CBAK Energy Technology stock, you should check out this free report showing analyst profit forecasts.  A Different Perspective CBAK Energy Technology provided a TSR of 8.0% over the last twelve months.  Unfortunately this falls short of the market return.    On the bright side, that's still a gain, and it's actually better than the average return of 3% over half a decade  This suggests the company might be improving over time.        While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important.   For instance, we've identified   1 warning sign for CBAK Energy Technology  that you should be aware of.    Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.Valuation is complex, but we're helping make it simple.Find out whether CBAK Energy Technology is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2417264108"}