CBAK Income Tax Expense from 2010 to 2024

CBAT Stock  USD 0.89  0.02  2.30%   
CBAK Energy Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, CBAK Energy Income Tax Expense quarterly data regression had mean square error of 10 T and mean deviation of  2,451,611. View All Fundamentals
 
Income Tax Expense  
First Reported
1997-03-31
Previous Quarter
800.7 K
Current Value
339.3 K
Quarterly Volatility
5.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CBAK Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CBAK Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.9 M, Interest Expense of 827.1 K or Selling General Administrative of 11.6 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0326 or PTB Ratio of 0.87. CBAK financial statements analysis is a perfect complement when working with CBAK Energy Valuation or Volatility modules.
  
Check out the analysis of CBAK Energy Correlation against competitors.

Latest CBAK Energy's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of CBAK Energy Technology over the last few years. It is CBAK Energy's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CBAK Energy's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

CBAK Income Tax Expense Regression Statistics

Arithmetic Mean1,095,644
Coefficient Of Variation309.86
Mean Deviation2,451,611
Median1,302,000
Standard Deviation3,395,008
Sample Variance11.5T
Range13.9M
R-Value(0.45)
Mean Square Error10T
R-Squared0.20
Significance0.1
Slope(337,992)
Total Sum of Squares161.4T

CBAK Income Tax Expense History

20242.6 M
20232.5 M
2022-1.2 M
2021-7.7 M
2020-1.3 M
20191.9 M
2018-14.3 K

About CBAK Energy Financial Statements

CBAK Energy shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although CBAK Energy investors may analyze each financial statement separately, they are all interrelated. The changes in CBAK Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on CBAK Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense2.5 M2.6 M

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Additional Tools for CBAK Stock Analysis

When running CBAK Energy's price analysis, check to measure CBAK Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CBAK Energy is operating at the current time. Most of CBAK Energy's value examination focuses on studying past and present price action to predict the probability of CBAK Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBAK Energy's price. Additionally, you may evaluate how the addition of CBAK Energy to your portfolios can decrease your overall portfolio volatility.