| CBAK Energy Technology develops, manufactures and sells high power lithium batteries, which are used for: electric vehicles, such as electric cars and buses and hybrid electric cars; light electric vehicles, such as electric motors; and electric tools, energy storage, uninterruptible power supply, and other high power applications. Co. conducts its business through two subsidiaries: Dalian CBAK Trading Co., Ltd., which focuses on the wholesale of lithium batteries and lithium batteries' materials, import and export business and related technology consulting service; and Dalian CBAK Power Battery Co., Ltd., which focuses on the development and manufacture of high-power lithium batteries. We show 26 historical shares outstanding datapoints in our CBAK shares outstanding history coverage, used to compute CBAK market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CBAK market cap history over the course of time is important for investors
interested in comparing CBAK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CBAK versus a peer is one thing; comparing
CBAK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CBAK can fluctuate over the course of history.
With this page we aim to empower investors researching CBAK by allowing them to research the CBAK market cap history.