CBAK Total Revenue vs Selling General Administrative Analysis

CBAT Stock  USD 0.89  0.02  2.30%   
CBAK Energy financial indicator trend analysis is way more than just evaluating CBAK Energy Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CBAK Energy Technology is a good investment. Please check the relationship between CBAK Energy Total Revenue and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CBAK Energy Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Revenue vs Selling General Administrative

Total Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBAK Energy Technology Total Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between CBAK Energy's Total Revenue and Selling General Administrative is 0.68. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of CBAK Energy Technology, assuming nothing else is changed. The correlation between historical values of CBAK Energy's Total Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of CBAK Energy Technology are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Revenue i.e., CBAK Energy's Total Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts CBAK Energy Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Selling General Administrative

Most indicators from CBAK Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CBAK Energy Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CBAK Energy Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, CBAK Energy's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 7.30 in 2024, despite the fact that Tax Provision is likely to grow to (2.2 M).
 2023 2024 (projected)
Interest Income564.7K687.4K
Extraordinary Items1.6M1.5M

CBAK Energy fundamental ratios Correlations

-0.470.920.570.980.720.040.930.380.990.380.90.150.390.950.640.250.910.980.980.150.83-0.250.840.30.5
-0.47-0.48-0.13-0.61-0.55-0.12-0.550.07-0.530.07-0.450.22-0.51-0.46-0.350.16-0.51-0.5-0.370.18-0.510.1-0.460.25-0.12
0.92-0.480.220.920.86-0.120.960.280.930.280.85-0.10.540.90.590.031.00.910.890.260.95-0.270.960.030.21
0.57-0.130.220.5-0.040.390.320.430.530.430.440.62-0.240.510.310.560.190.560.61-0.10.06-0.040.10.740.83
0.98-0.610.920.50.770.060.940.350.990.350.870.060.470.930.640.170.920.980.930.050.87-0.210.870.220.46
0.72-0.550.86-0.040.77-0.030.8-0.160.76-0.170.7-0.510.740.740.62-0.350.880.690.640.190.94-0.220.92-0.38-0.15
0.04-0.12-0.120.390.06-0.03-0.040.060.060.06-0.02-0.18-0.230.08-0.07-0.44-0.130.040.02-0.39-0.04-0.2-0.02-0.06-0.02
0.93-0.550.960.320.940.8-0.040.330.940.330.83-0.030.520.890.660.070.960.940.890.190.89-0.30.890.080.29
0.380.070.280.430.35-0.160.060.330.381.00.180.58-0.320.3-0.150.520.250.470.41-0.20.18-0.080.220.680.6
0.99-0.530.930.530.990.760.060.940.380.380.870.090.430.940.640.20.920.990.950.10.86-0.230.870.250.47
0.380.070.280.430.35-0.170.060.331.00.380.180.59-0.320.3-0.140.530.250.470.41-0.190.18-0.080.220.680.6
0.9-0.450.850.440.870.7-0.020.830.180.870.180.060.480.780.670.180.850.840.910.130.75-0.180.740.190.4
0.150.22-0.10.620.06-0.51-0.18-0.030.580.090.590.06-0.570.10.00.9-0.130.150.250.09-0.320.03-0.270.930.87
0.39-0.510.54-0.240.470.74-0.230.52-0.320.43-0.320.48-0.570.350.42-0.270.590.380.31-0.070.62-0.250.54-0.47-0.27
0.95-0.460.90.510.930.740.080.890.30.940.30.780.10.350.560.160.890.920.940.260.82-0.350.840.220.41
0.64-0.350.590.310.640.62-0.070.66-0.150.64-0.140.670.00.420.560.080.610.590.60.340.56-0.10.550.070.26
0.250.160.030.560.17-0.35-0.440.070.520.20.530.180.9-0.270.160.080.020.250.330.11-0.170.13-0.150.870.83
0.91-0.511.00.190.920.88-0.130.960.250.920.250.85-0.130.590.890.610.020.90.870.210.96-0.270.960.00.19
0.98-0.50.910.560.980.690.040.940.470.990.470.840.150.380.920.590.250.90.940.050.82-0.220.840.320.52
0.98-0.370.890.610.930.640.020.890.410.950.410.910.250.310.940.60.330.870.940.20.75-0.260.770.390.55
0.150.180.26-0.10.050.19-0.390.19-0.20.1-0.190.130.09-0.070.260.340.110.210.050.20.14-0.10.2-0.06-0.1
0.83-0.510.950.060.870.94-0.040.890.180.860.180.75-0.320.620.820.56-0.170.960.820.750.14-0.230.99-0.150.04
-0.250.1-0.27-0.04-0.21-0.22-0.2-0.3-0.08-0.23-0.08-0.180.03-0.25-0.35-0.10.13-0.27-0.22-0.26-0.1-0.23-0.210.050.04
0.84-0.460.960.10.870.92-0.020.890.220.870.220.74-0.270.540.840.55-0.150.960.840.770.20.99-0.21-0.110.07
0.30.250.030.740.22-0.38-0.060.080.680.250.680.190.93-0.470.220.070.870.00.320.39-0.06-0.150.05-0.110.92
0.5-0.120.210.830.46-0.15-0.020.290.60.470.60.40.87-0.270.410.260.830.190.520.55-0.10.040.040.070.92
Click cells to compare fundamentals

CBAK Energy Account Relationship Matchups

CBAK Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets95.6M142.8M262.6M244.0M281.2M206.4M
Other Current Liab20.3M30.2M29.3M3.7M41.6M43.7M
Total Current Liabilities59.0M73.7M112.8M111.9M160.5M125.2M
Total Stockholder Equity13.6M52.4M133.3M117.5M112.8M60.6M
Property Plant And Equipment Net67.1M78.7M119.4M101.2M130.5M113.9M
Net Debt34.7M3.3M7.8M11.1M(23.1M)(21.9M)
Retained Earnings(176.2M)(184.0M)(122.5M)(131.9M)(134.4M)(127.7M)
Accounts Payable11.2M28.4M65.4M32.5M82.8M48.4M
Cash1.6M11.7M7.4M6.5M58.8M61.8M
Non Current Assets Total67.1M79.6M139.8M118.3M152.7M127.5M
Cash And Short Term Investments1.6M11.9M8.1M6.5M58.8M61.8M
Net Receivables12.2M37.0M65.6M32.9M33.8M34.8M
Common Stock Shares Outstanding39.0M62.0M87.9M88.9M89.3M93.7M
Liabilities And Stockholders Equity95.6M142.8M262.6M244.0M281.2M206.4M
Non Current Liabilities Total22.9M16.7M9.0M7.7M7.2M6.8M
Inventory8.7M5.3M30.1M49.4M34.8M25.0M
Other Current Assets6.0M9.0M19.0M6.0M1.0M994.0K
Other Stockholder Equity190.2M235.3M252.0M256.3M257.5M270.4M
Total Liab81.9M90.4M121.7M119.7M167.7M145.2M
Property Plant And Equipment Gross67.1M78.7M119.4M101.2M178.3M112.4M
Total Current Assets28.5M63.2M122.8M125.7M128.4M93.6M
Intangible Assets15.2K11.8K15.8M13.7M841.4K799.3K
Short Long Term Debt Total40.4M22.3M15.2M17.6M35.7M66.4M
Non Currrent Assets Other7.3M(67.1M)31.0B62.9K18.8M17.9M
Accumulated Other Comprehensive Income(514.2K)990.9K3.7M(6.9M)(10.4M)(9.9M)
Short Term Debt26.8M15.0M14.3M17.0M35.3M49.9M
Common Stock Total Equity53.2K79.3K88.8K89.1K102.5K107.6K
Common Stock53.2K79.3K88.8K89.1K90.1K94.6K
Other Liab13.4M16.7M8.1M7.1M8.2M13.8M
Net Tangible Assets13.6M52.4M129.7M116.2M133.6M140.3M
Noncontrolling Interest In Consolidated Entity52.8K7.7K7.6M6.9M7.9M8.3M
Long Term Debt24.2M24.9M13.6M7.3M6.6M6.2M
Retained Earnings Total Equity(176.2M)(184.0M)(122.5M)(131.9M)(118.8M)(124.7M)
Short Term Investments63.2K235.2K790.5K43.9K108.5K103.1K
Short Long Term Debt26.8M15.0M13.5M15.6M32.9M17.4M
Property Plant Equipment59.9M41.0M90.0M90.0M81.0M89.8M

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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.