Contrasting China BAK Battery (CBAT) and The Competition

China BAK Battery (NASDAQ:CBAT) is one of 216 publicly-traded companies in the “Electrical Equipment” industry, but how does it contrast to its competitors? We will compare China BAK Battery to related businesses based on the strength of its dividends, profitability, valuation, earnings, analyst recommendations, institutional ownership and risk.

Earnings and Valuation

This table compares China BAK Battery and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
China BAK Battery	$195.19 million	-$9.38 million	-5.87
China BAK Battery Competitors	$2.44 billion	$142.48 million	20.48

China BAK Battery’s competitors have higher revenue and earnings than China BAK Battery. China BAK Battery is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

China BAK Battery has a beta of 1.48, indicating that its share price is 48% more volatile than the S&P 500. Comparatively, China BAK Battery’s competitors have a beta of -20.43, indicating that their average share price is 2,143% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for China BAK Battery and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
China BAK Battery	1	0	0	0	1.00
China BAK Battery Competitors	2285	5162	7215	437	2.38

As a group, “Electrical Equipment” companies have a potential upside of 53.73%. Given China BAK Battery’s competitors stronger consensus rating and higher probable upside, analysts plainly believe China BAK Battery has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

2.0% of China BAK Battery shares are owned by institutional investors. Comparatively, 37.4% of shares of all “Electrical Equipment” companies are owned by institutional investors. 0.8% of China BAK Battery shares are owned by insiders. Comparatively, 14.9% of shares of all “Electrical Equipment” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares China BAK Battery and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
China BAK Battery	-7.43%	-15.32%	-4.23%
China BAK Battery Competitors	-354.45%	-44.26%	-7.93%

Summary

China BAK Battery competitors beat China BAK Battery on 9 of the 13 factors compared.

About China BAK Battery

CBAK Energy Technology, Inc., together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools. The company also develops and manufactures NCM precursor and cathode materials. The company was formerly known as China BAK Battery, Inc. and changed its name to CBAK Energy Technology, Inc. in January 2017. CBAK Energy Technology, Inc. is based in Dalian, China.