CBAK Energy Technology develops, manufactures and sells high power lithium batteries, as well as cathode materials and precursors for lithium batteries, which are used in light electric vehicles, electric vehicles, electric tools, energy storage including but not limited to uninterruptible power supply application, and other high-power applications. Co. conducts its business through its subsidiaries including 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. We show 21 historical shares outstanding datapoints in our CBAT shares outstanding history coverage, used to compute CBAT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CBAT market cap history over the course of time is important for investors
interested in comparing CBAT'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 CBAT versus a peer is one thing; comparing
CBAT 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 CBAT can fluctuate over the course of history.
With this page we aim to empower investors researching CBAT by allowing them to research the CBAT market cap history. |
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Video: The Importance of Market Cap
