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CBAK Energy Technology (LTS:0A98) Net Margin % : -8.49% (As of Dec. 2023)


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What is CBAK Energy Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. CBAK Energy Technology's Net Income for the three months ended in Dec. 2023 was $-4.8 Mil. CBAK Energy Technology's Revenue for the three months ended in Dec. 2023 was $56.2 Mil. Therefore, CBAK Energy Technology's net margin for the quarter that ended in Dec. 2023 was -8.49%.

The historical rank and industry rank for CBAK Energy Technology's Net Margin % or its related term are showing as below:

LTS:0A98' s Net Margin % Range Over the Past 10 Years
Min: -122.02   Med: -5.88   Max: 116.74
Current: -1.2


LTS:0A98's Net Margin % is ranked worse than
78.24% of 2973 companies
in the Industrial Products industry
Industry Median: 5.11 vs LTS:0A98: -1.20

CBAK Energy Technology Net Margin % Historical Data

The historical data trend for CBAK Energy Technology's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CBAK Energy Technology Net Margin % Chart

CBAK Energy Technology Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.52 -20.78 116.74 -3.80 -1.20

CBAK Energy Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.25 -6.21 9.99 -8.49 16.72

Competitive Comparison of CBAK Energy Technology's Net Margin %

For the Electrical Equipment & Parts subindustry, CBAK Energy Technology's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CBAK Energy Technology's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CBAK Energy Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where CBAK Energy Technology's Net Margin % falls into.



CBAK Energy Technology Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

CBAK Energy Technology's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-2.449/204.438
=-1.20 %

CBAK Energy Technology's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-4.769/56.18
=-8.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CBAK Energy Technology  (LTS:0A98) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


CBAK Energy Technology Net Margin % Related Terms

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CBAK Energy Technology (LTS:0A98) Business Description

Traded in Other Exchanges
Address
CBAK Industrial Park, Meigui Street, Huayuankou Economic Zone, Liaoning Province, Dalian, CHN, 116450
CBAK Energy Technology Inc is engaged in the manufacture, commercialization, and distribution of a variety of standard and customized lithium-ion high-power rechargeable batteries which are mainly used in electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and other high power applications. The company manufactures five types of Li-ion rechargeable batteries namely aluminum-case cells, battery packs, cylindrical cells, lithium polymer cells, and high-power lithium battery cells. Geographically, it generates a majority of its revenue from Mainland China and also has an operation in Europe, the United States, Korea, and Other Countries.

CBAK Energy Technology (LTS:0A98) Headlines

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