CBAK Energy Technology (CBAT)
Market Price (1/24/2026): $0.855 | Market Cap: $76.6 MilSector: Industrials | Industry: Electrical Components & Equipment
CBAK Energy Technology (CBAT)
Market Price (1/24/2026): $0.855Market Cap: $76.6 MilSector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include Battery Technology & Metals, Renewable Energy Transition, and Electric Vehicles & Autonomous Driving. Themes include Advanced Battery Components, Show more. | Weak multi-year price returns2Y Excs Rtn is -63%, 3Y Excs Rtn is -101% | Penny stockMkt Price is 0.8 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.2% | ||
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -27%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.5% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.7% | ||
| Key risksCBAT key risks include [1] significant financial strain and a net loss resulting from a challenging product portfolio transition and [2] potential delisting from Nasdaq due to non-compliance with its minimum stock price requirement. |
| Megatrend and thematic driversMegatrends include Battery Technology & Metals, Renewable Energy Transition, and Electric Vehicles & Autonomous Driving. Themes include Advanced Battery Components, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -63%, 3Y Excs Rtn is -101% |
| Penny stockMkt Price is 0.8 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.2% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -27%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.5% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.7% |
| Key risksCBAT key risks include [1] significant financial strain and a net loss resulting from a challenging product portfolio transition and [2] potential delisting from Nasdaq due to non-compliance with its minimum stock price requirement. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. Bearish Analyst Sentiment and Forecasts. Several analyst reports and AI prediction models presented a cautious to negative outlook for CBAK Energy Technology, Inc. during the period. For instance, an analyst rating from December 27 suggested a "Sell" for CBAK Energy Technology, citing "Too Many Red Flags". Additionally, AI forecasts predicted a potential negative return on investment for CBAT in January 2026, with an average price target around $0.64.
2. Challenging Lithium-ion Battery Market Conditions. The broader lithium market faced significant headwinds throughout 2025, characterized by oversupply, weaker-than-expected demand for electric vehicles, and sustained price pressure, with lithium carbonate prices sinking to four-year lows. This challenging industry environment likely contributed to a downward pressure on companies like CBAK Energy Technology.
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Stock Movement Drivers
Fundamental Drivers
The -6.8% change in CBAT stock from 9/30/2025 to 1/23/2026 was primarily driven by a -14.5% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 1232026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.89 | 0.83 | -6.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 153 | 166 | 8.6% |
| P/S Multiple | 0.5 | 0.5 | -14.5% |
| Shares Outstanding (Mil) | 90 | 90 | 0.3% |
| Cumulative Contribution | -6.8% |
Market Drivers
9/30/2025 to 1/23/2026| Return | Correlation | |
|---|---|---|
| CBAT | -6.8% | |
| Market (SPY) | 3.5% | 31.6% |
| Sector (XLI) | 6.5% | 36.6% |
Fundamental Drivers
The -29.3% change in CBAT stock from 6/30/2025 to 1/23/2026 was primarily driven by a -35.1% change in the company's P/S Multiple.| (LTM values as of) | 6302025 | 1232026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.18 | 0.83 | -29.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 153 | 166 | 8.6% |
| P/S Multiple | 0.7 | 0.5 | -35.1% |
| Shares Outstanding (Mil) | 90 | 90 | 0.3% |
| Cumulative Contribution | -29.3% |
Market Drivers
6/30/2025 to 1/23/2026| Return | Correlation | |
|---|---|---|
| CBAT | -29.3% | |
| Market (SPY) | 11.9% | 31.2% |
| Sector (XLI) | 11.8% | 31.2% |
Fundamental Drivers
The -11.3% change in CBAT stock from 12/31/2024 to 1/23/2026 was primarily driven by a -20.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 12312024 | 1232026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.94 | 0.83 | -11.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 207 | 166 | -20.0% |
| P/S Multiple | 0.4 | 0.5 | 10.6% |
| Shares Outstanding (Mil) | 90 | 90 | 0.3% |
| Cumulative Contribution | -11.3% |
Market Drivers
12/31/2024 to 1/23/2026| Return | Correlation | |
|---|---|---|
| CBAT | -11.3% | |
| Market (SPY) | 18.6% | 12.4% |
| Sector (XLI) | 25.9% | 13.6% |
Fundamental Drivers
The -15.8% change in CBAT stock from 12/31/2022 to 1/23/2026 was primarily driven by a -25.3% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 12312022 | 1232026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.99 | 0.83 | -15.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 222 | 166 | -25.3% |
| P/S Multiple | 0.4 | 0.5 | 13.6% |
| Shares Outstanding (Mil) | 89 | 90 | -0.7% |
| Cumulative Contribution | -15.8% |
Market Drivers
12/31/2022 to 1/23/2026| Return | Correlation | |
|---|---|---|
| CBAT | -15.8% | |
| Market (SPY) | 86.9% | 15.7% |
| Sector (XLI) | 74.5% | 17.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CBAT Return | -69% | -37% | 6% | -10% | -11% | 1% | -83% |
| Peers Return | -5% | -24% | -12% | -15% | -9% | 17% | -43% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| CBAT Win Rate | 17% | 42% | 42% | 33% | 42% | 100% | |
| Peers Win Rate | 50% | 48% | 43% | 33% | 48% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| CBAT Max Drawdown | -71% | -39% | -25% | -26% | -32% | 0% | |
| Peers Max Drawdown | -32% | -51% | -40% | -52% | -45% | 0% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MVST, ENS, ENVX, DFLI, FLUX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 1/23/2026 (YTD)
How Low Can It Go
| Event | CBAT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -91.2% | -25.4% |
| % Gain to Breakeven | 1035.2% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -66.9% | -33.9% |
| % Gain to Breakeven | 202.6% | 51.3% |
| Time to Breakeven | 104 days | 148 days |
| 2018 Correction | ||
| % Loss | -84.8% | -19.8% |
| % Gain to Breakeven | 556.2% | 24.7% |
| Time to Breakeven | 639 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -89.9% | -56.8% |
| % Gain to Breakeven | 891.0% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to MVST, ENS, ENVX, DFLI, FLUX
In The Past
CBAK Energy Technology's stock fell -91.2% during the 2022 Inflation Shock from a high on 1/25/2021. A -91.2% loss requires a 1035.2% gain to breakeven.
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AI Analysis | Feedback
1. A Panasonic for electric vehicle batteries and energy storage.
2. Like a smaller LG Energy Solution or Samsung SDI, producing lithium-ion batteries for EVs and other applications.
AI Analysis | Feedback
- High-power Lithium-ion Battery Cells: These are individual battery cells designed for applications requiring high discharge rates, such as electric vehicles, power tools, and portable electronic devices.
- Battery Modules and Packs: These are integrated assemblies of multiple battery cells, often including a battery management system, engineered for specific applications like electric vehicles and energy storage systems.
AI Analysis | Feedback
CBAK Energy Technology (CBAT) primarily operates on a business-to-business (B2B) model, selling its lithium-ion batteries to other companies for integration into their final products.
According to the company's annual financial filings (e.g., its 2022 10-K report), CBAK Energy Technology does not have any single major customer that accounts for more than 10% of its total revenue. This indicates a diversified customer base rather than reliance on a few dominant buyers. Therefore, specific major customer companies cannot be listed by name and symbol.
The company primarily serves the following categories of customer companies, predominantly in China:
- Manufacturers of electric vehicles (EVs)
- Manufacturers of electric bicycles (e-bikes)
- Manufacturers of power tools
- Manufacturers of various other applications that utilize lithium-ion batteries
AI Analysis | Feedback
- Xiamen Tungsten Co., Ltd. (SHA: 600549)
- Shenzhen Dynanonic Co., Ltd. (SHE: 300769)
- Shenzhen Sinuo Industrial Development Co., Ltd.
- Guizhou Zongyi New Materials Co., Ltd.
- Shenzhen Senior Technology Material Co., Ltd. (SHE: 002989)
- Guangzhou Tinci Materials Technology Co., Ltd. (SHE: 002709)
- Guangdong Canmax New Energy Technology Co., Ltd.
- Shenzhen Guoxingyuan Power Co., Ltd.
- Shenzhen Top New Energy Technology Co., Ltd.
AI Analysis | Feedback
Zhiguang Hu, Chief Executive Officer and President
Mr. Zhiguang Hu was appointed Chief Executive Officer on October 24, 2024. He has been with CBAK Energy Technology since 2004, having significantly contributed to the company's revenue growth through his leadership in the sales and marketing department. Prior roles include Deputy General Manager in the Sales and Marketing Department (since June 2023), Director of Sales and Marketing at Dalian CBAK Power Battery Co., Ltd. (January 2014 - May 2023), Director of Sales and Marketing at BAK International (Tianjin) Co., Ltd. (January 2012 - December 2013), Sales Manager at BAK International (Tianjin) Co., Ltd. (January 2008 - December 2011), and managing Overseas Business and Key Accounts at Shenzhen BAK Battery Co., Ltd. (July 2004 - December 2007). Mr. Hu holds a degree in Business Administration from Lanzhou Business College (now Lanzhou University of Finance and Economics), obtained in 2004.
Jiewei Li, Chief Financial Officer, Secretary of the Board of Directors, Director
Mr. Jiewei Li has served as Chief Financial Officer and Secretary of the Board of Directors since August 22, 2023, and became a director on May 20, 2025. He was the company's investor relations manager from 2021. Before joining CBAK Energy, from 2018 to 2021, Mr. Li worked at various fund management companies in China, where he focused on structuring investment products. From 2014 to 2018, he worked in the fund management departments of several prominent American real estate developers, managing capital market affairs. He earned a Master's Degree in Political and Public Administration from the Chinese University of Hong Kong in 2014.
Xiangyu Pei, Director, Financial Controller
Ms. Xiangyu Pei has been a director since September 24, 2021, and also served as Interim Chief Financial Officer from August 23, 2019, to August 22, 2023. She has been the Company's secretary since 2017 and has served as the financial controller of CBAK Power, a subsidiary of the Company, since 2017. In this role, she is responsible for auditing, accounting, and investor relations for CBAK Power, as well as assisting with the Company's consolidation and financial reporting. Ms. Pei holds a Ph.D. in World Economics from Jilin University in China.
Jianjun He, Independent Director, Chair of Nominating and Corporate Governance Committee
Mr. Jianjun He has been a Director of the Board since 2013. He possesses over 15 years of experience in accounting and finance and is an associate member of the Chinese Institute of Certificate Public Accountant (CICPA). Since 2013, Mr. He has held the position of Managing Director for Jilin Cybernaunt Lvke Investment and Management, a China-based investment consulting firm. Prior to this, he was a senior financial officer for Jilin Grain Group, a state-owned enterprise. Mr. He obtained a bachelor's degree in Auditing from Changchun Taxation College in 1995 and a master's degree from Jilin University in 2005.
J. Simon Xue, Independent Director, Chair of Compensation Committee
Dr. J. Simon Xue has served as a director since February 1, 2016. He brings approximately 40 years of experience in nuclear chemistry, solid-state chemistry, superconductivity, and materials for lithium-ion batteries, with 21 years specifically dedicated to research and development in lithium-ion battery technology. Dr. Xue currently holds the position of Senior Director of the National Institute for Low-&-Clean Energy in China and is a member of the National "Thousand Talent" Plan and the Expert Committee for "Chinese Industrial Association of Power Sources."
AI Analysis | Feedback
The key risks to CBAK Energy Technology (CBAT) are:-
Product Transition and Operational/Financial Headwinds
CBAK Energy Technology is undergoing a significant product transition, shifting from older Model 26650 battery cells to larger, higher-performance Model 40135 cells. This strategic move, while necessary, has resulted in substantial operational and financial challenges. The transition has led to gross margin compression, reduced orders for legacy products, lower production volumes, and increased unit production costs. For the first nine months of 2025, the company reported a consolidated net loss of $2.00 million, a sharp reversal from net income in the same period of 2024, directly attributable to these strategic changes and external pressures. This product portfolio upgrade is considered the biggest near-term risk and a core operational and financial headwind. -
Intense Market Competition and Geopolitical Risks
The company faces intense competition within the electric vehicle (EV) and energy storage battery markets. This competitive landscape is compounded by potential tariffs on Chinese-made batteries in key US and European markets. CBAK Energy Technology, like other Chinese battery manufacturers, is subject to broader geopolitical and market risks. Despite achieving significant market share in certain battery segments, the overall global market growth suggests intense competition will continue to pressure the company's future sales and profitability. -
Nasdaq Non-Compliance and Potential Delisting
CBAK Energy Technology received a notice from Nasdaq on October 1, 2025, indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company's stock price had fallen below this threshold for 30 consecutive business days. While this notice does not immediately affect its listing, CBAK has until March 30, 2026, to regain compliance, with the possibility of an additional 180-day grace period, before facing potential delisting.
AI Analysis | Feedback
The accelerating trend of major Electric Vehicle (EV) manufacturers increasingly developing and producing their own batteries in-house or through exclusive joint ventures. This strategy aims to reduce reliance on independent third-party battery suppliers like CBAK Energy Technology, gain greater control over supply chains, and potentially reduce costs. As major OEMs invest billions in their own battery production capabilities and technologies (e.g., Tesla's 4680 cells, Volkswagen's 'unified cell' strategy, General Motors' Ultium platform), the addressable market for independent battery manufacturers shrinks, intensifying competition for remaining contracts and potentially marginalizing smaller players.
AI Analysis | Feedback
CBAK Energy Technology (NASDAQ: CBAT) is primarily engaged in the manufacturing and distribution of lithium-ion and sodium-ion rechargeable batteries, as well as the development and manufacturing of NCM precursor and cathode materials. Their products cater to various applications, including electric vehicles (EVs), light electric vehicles (LEVs), electric tools, and energy storage systems.
The addressable markets for CBAK Energy Technology's main products and services are significant, particularly in China and globally:
- Global Lithium-ion Battery Market: The global lithium-ion battery market was valued at USD 107.14 billion in 2024 and is projected to reach USD 578.20 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 23.22% during the forecast period. Another estimate places the global market at USD 113.61 billion in 2025, expected to reach USD 304.22 billion by 2030, with a CAGR of 21.77%. Asia Pacific held the largest share of this market, at 54.64% in 2024.
- China Electric Vehicle (EV) Battery Market: The China electric vehicle battery market size reached 715.0 GWh in 2024 and is expected to reach 7,713.0 GWh by 2033, growing at a CAGR of 30.2% from 2025 to 2033. In terms of value, the China Electric Vehicle Battery Manufacturing Market size is estimated at USD 93.97 billion in 2025 and is expected to reach USD 221.89 billion by 2030, at a CAGR of 18.75% during the forecast period (2025-2030).
- China Energy Storage Market (Battery Energy Storage Systems): China's energy storage market was estimated at USD 223.3 billion in 2024 and is expected to reach USD 2.45 trillion by 2034, growing at a CAGR of 25.4% from 2025 to 2034. More specifically, the China battery energy storage systems market generated a revenue of USD 902.4 million in 2023 and is expected to reach USD 6,144.1 million by 2030, growing at a CAGR of 31.5% from 2024 to 2030. China's installed battery storage capacity surpassed 100 GW in the first half of 2025, marking a 110% increase compared to the previous year.
- Sodium-ion Batteries: While CBAK Energy Technology develops and commercializes sodium-ion batteries, specific market size data for sodium-ion batteries was not available in the search results.
- NCM Precursor and Cathode Materials: CBAK Energy Technology's Hitrans segment covers the development and manufacturing of NCM precursor and cathode materials. Specific market size data for these materials was not explicitly identified as a separate addressable market in the provided search results.
AI Analysis | Feedback
CBAK Energy Technology (CBAT) is anticipated to drive future revenue growth over the next 2-3 years through several key initiatives:- Increased Production Capacity and Facility Expansion: The company's strategic expansion of its Nanjing facility is expected to significantly boost production capacity. This expansion, which aims for a total annual capacity of 8 GWh, focuses on meeting the rising demand for batteries in light electric vehicles (LEVs), electric vehicles (EVs), and energy storage solutions. Trial production for new lines is scheduled for May 2025, with full-scale mass production anticipated by late 2025, primarily for Model 32140 and Model 40135 battery cells.
- Launch and Adoption of New, Higher-Capacity Products: The introduction of new and upgraded battery models, particularly the Model 40135, is a significant driver. This model, offering larger size and higher capacity compared to the previous Model 32140 and an upgrade from the older Model 26650, has already secured substantial orders.
- Growth in Demand from Key Market Segments: CBAK Energy is experiencing increased demand from the light electric vehicle (LEV) sector, especially in Southeast Asia, which contributed to a 341% year-over-year revenue increase in this segment in Q3 2024. Additionally, substantial orders from companies like Anker Innovations for portable power supplies highlight strong demand in this market.
- Advancements in Sodium-Ion Battery Technology: The company's active involvement in the research and development of sodium-ion battery technology presents a potential "game-changer" for future revenue. Sodium-ion batteries offer advantages such as lower cost and greater abundance of raw materials, making them well-suited for applications like stationary energy storage, low-speed electric vehicles, and portable power supplies.
- Expansion into International Markets: Strategic expansion into international markets is a focus for CBAK Energy. This includes considering overseas factory setups, potentially through collaborations, and securing significant orders from international clients such as Livguard in India.
AI Analysis | Feedback
Share Repurchases
- CBAK Energy Technology announced a share buyback program on May 22, 2025, authorizing the repurchase of up to $20 million of its common stock.
- The program is set to run over 12 months, ending May 20, 2026.
- The primary objectives of the buyback are to enhance shareholder value and to help regain compliance with Nasdaq's minimum bid price requirement.
Share Issuance
- On February 8, 2021, CBAK Energy Technology completed a registered direct offering, issuing approximately $70 million of its common stock to institutional investors at $7.83 per share.
- The offering also included the issuance of Series A-1, A-2, and B Warrants to the investors.
- Net proceeds from this offering were earmarked to accelerate the company's business plan, repay outstanding debts, and address working capital needs.
Inbound Investments
- In June 2023, CBAK Energy secured RMB 25 million in funding from Hello Tech, the parent company of Jackery, to advance its sodium-ion battery R&D program, with 30% of the funding already received.
Outbound Investments
- In November 2021, CBAK Power, a wholly-owned subsidiary, completed the acquisition of 81.56% of Zhejiang Hitrans Lithium Battery Technology Co., Ltd. for approximately RMB 40.74 million ($6.4 million) in cash.
- CBAK Energy announced plans to build two lithium battery production facilities in the United States in partnership with Kandi Technologies Group.
- CBAK Energy formed a strategic partnership with Anker Innovations to establish a battery cell manufacturing facility in Malaysia, with potential orders valued at up to US$357 million.
Capital Expenditures
- CBAK Energy has invested in establishing a new production line for its Model 40135 battery at its Dalian CBAK Power Battery subsidiary, starting in 2025, to upgrade from older models.
- The company is expanding its Model 32140 capacity at Phase II Nanjing facilities, with completion expected by year-end 2025.
- Mass production of LFP cylindrical battery models 32140 and 40135 at the new Nanjing facility is anticipated to commence by the end of 2025.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can CBAK Energy Technology Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons for CBAK Energy Technology
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 3.41 |
| Mkt Cap | 0.5 |
| Rev LTM | 115 |
| Op Inc LTM | -10 |
| FCF LTM | -0 |
| FCF 3Y Avg | -23 |
| CFO LTM | 1 |
| CFO 3Y Avg | -3 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 12.2% |
| Rev Chg 3Y Avg | 3.9% |
| Rev Chg Q | 23.6% |
| QoQ Delta Rev Chg LTM | 5.6% |
| Op Mgn LTM | -8.8% |
| Op Mgn 3Y Avg | -12.4% |
| QoQ Delta Op Mgn LTM | 0.4% |
| CFO/Rev LTM | 0.9% |
| CFO/Rev 3Y Avg | -4.0% |
| FCF/Rev LTM | -0.1% |
| FCF/Rev 3Y Avg | -35.1% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| CBAT | 133 | 95 | 35 | 38 | |
| Hitrans | 71 | 154 | 18 | ||
| Corporate unallocated | 0 | 0 | |||
| Electric vehicles | 5 | ||||
| Light electric vehicles | 0 | ||||
| Uninterruptable supplies | 18 | ||||
| Total | 204 | 249 | 53 | 38 | 22 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| CBAT | 11 | -5 | -9 | -7 | |
| Corporate unallocated | -1 | -1 | -3 | -2 | |
| Hitrans | -17 | -5 | 0 | ||
| Total | -7 | -12 | -12 | -8 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| CBAT | 14 | -8 | 1 | -8 | |
| Corporate unallocated | -1 | 5 | 60 | 0 | |
| Hitrans | -22 | -8 | 0 | ||
| Total | -9 | -11 | 62 | -8 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| CBAT | 143 | ||||
| Total | 143 |
Price Behavior
| Market Price | $0.83 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 02/14/2005 | |
| Distance from 52W High | -32.2% | |
| 50 Days | 200 Days | |
| DMA Price | $0.88 | $0.93 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -5.4% | -10.3% |
| 3M | 1YR | |
| Volatility | 33.9% | 54.5% |
| Downside Capture | 96.25 | 66.96 |
| Upside Capture | -6.97 | 47.72 |
| Correlation (SPY) | 27.4% | 12.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.33 | 1.24 | 1.67 | 1.65 | 0.36 | 0.65 |
| Up Beta | 6.75 | 3.42 | 4.59 | 4.00 | -0.21 | 0.01 |
| Down Beta | 1.94 | 0.72 | 2.87 | 2.07 | 0.87 | 1.00 |
| Up Capture | -59% | 32% | 10% | 14% | 28% | 45% |
| Bmk +ve Days | 11 | 23 | 37 | 72 | 143 | 431 |
| Stock +ve Days | 7 | 16 | 27 | 48 | 107 | 322 |
| Down Capture | 124% | 122% | 54% | 126% | 83% | 101% |
| Bmk -ve Days | 11 | 18 | 27 | 55 | 108 | 320 |
| Stock -ve Days | 15 | 25 | 37 | 73 | 136 | 380 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CBAT | |
|---|---|---|---|---|
| CBAT | -8.5% | 54.4% | 0.02 | - |
| Sector ETF (XLI) | 18.4% | 19.0% | 0.75 | 15.1% |
| Equity (SPY) | 14.7% | 19.3% | 0.58 | 12.4% |
| Gold (GLD) | 81.5% | 20.4% | 2.83 | 5.1% |
| Commodities (DBC) | 8.3% | 15.4% | 0.32 | 4.9% |
| Real Estate (VNQ) | 4.9% | 16.6% | 0.11 | 8.3% |
| Bitcoin (BTCUSD) | -13.6% | 39.7% | -0.28 | 4.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CBAT | |
|---|---|---|---|---|
| CBAT | -33.7% | 72.0% | -0.27 | - |
| Sector ETF (XLI) | 14.8% | 17.2% | 0.69 | 21.4% |
| Equity (SPY) | 14.4% | 17.1% | 0.68 | 25.5% |
| Gold (GLD) | 21.9% | 15.7% | 1.13 | 4.8% |
| Commodities (DBC) | 11.9% | 18.7% | 0.52 | 6.0% |
| Real Estate (VNQ) | 5.2% | 18.8% | 0.18 | 18.9% |
| Bitcoin (BTCUSD) | 19.5% | 57.9% | 0.54 | 16.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CBAT | |
|---|---|---|---|---|
| CBAT | -9.0% | 98.7% | 0.32 | - |
| Sector ETF (XLI) | 14.7% | 19.9% | 0.66 | 15.0% |
| Equity (SPY) | 15.5% | 18.0% | 0.74 | 16.3% |
| Gold (GLD) | 16.2% | 14.9% | 0.90 | 2.7% |
| Commodities (DBC) | 8.4% | 17.6% | 0.40 | 4.8% |
| Real Estate (VNQ) | 5.9% | 20.8% | 0.25 | 14.0% |
| Bitcoin (BTCUSD) | 70.6% | 66.7% | 1.10 | 6.5% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/10/2025 | 5.1% | 0.1% | 3.2% |
| 8/18/2025 | 6.3% | 0.2% | -11.7% |
| 3/17/2025 | 0.0% | -3.5% | -17.9% |
| 11/12/2024 | -3.9% | -17.6% | -11.3% |
| 8/9/2024 | -3.8% | 3.8% | -7.6% |
| 3/15/2024 | -9.4% | -10.3% | -21.4% |
| 11/9/2023 | -1.2% | -2.3% | 18.6% |
| 8/9/2023 | -2.5% | -24.8% | -30.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 5 | 4 | 2 |
| # Negative | 10 | 11 | 13 |
| Median Positive | 2.3% | 0.1% | 10.9% |
| Median Negative | -2.5% | -6.9% | -14.7% |
| Max Positive | 6.3% | 3.8% | 18.6% |
| Max Negative | -9.4% | -24.8% | -30.3% |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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