Will earnings report, end it’s winning streak? CBAK Energy Technology (NASDAQ:CBAT)

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Earnings results for CBAK Energy Technology (NASDAQ:CBAT)

CBAK Energy Technology, Inc. is estimated to report earnings on 09/28/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $-0.07.

CBAK Energy Technology last announced its earnings data on July 2nd, 2020. The electronics maker reported ($0.04) EPS for the quarter. The company had revenue of $6.90 million for the quarter. CBAK Energy Technology has generated $0.00 earnings per share over the last year. CBAK Energy Technology has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, September 28th, 2020 based off prior year’s report dates.

Analyst Opinion on CBAK Energy Technology (NASDAQ:CBAT)

Dividend Strength: CBAK Energy Technology (NASDAQ:CBAT)

CBAK Energy Technology does not currently pay a dividend. CBAK Energy Technology does not have a long track record of dividend growth.

Insiders buying/selling: CBAK Energy Technology (NASDAQ:CBAT)

In the past three months, CBAK Energy Technology insiders have not sold or bought any company stock. Only 20.25% of the stock of CBAK Energy Technology is held by insiders. Only 0.26% of the stock of CBAK Energy Technology is held by institutions.

Earnings and Valuation of CBAK Energy Technology (NASDAQ:CBAT

The P/E ratio of CBAK Energy Technology is -10.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of CBAK Energy Technology is -10.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. CBAK Energy Technology has a P/B Ratio of 7.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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