CBAK Energy Technology (CBAT) Goodwill (2021 - 2023)

CBAK Energy Technology (CBAT) reported Goodwill of $1.6 million for Q1 2023, down 2.67% on a YoY basis from $1.7 million in Q1 2022, and little changed sequentially from $1.6 million in Q4 2022.

CBAK Energy Technology (CBAT) Goodwill (2021 - 2023) Analysis & Trends

CBAK Energy Technology (CBAT) has 3 years of Goodwill data on file, last reported at $1.6 million in Q1 2023.

  • For the quarter ending Q1 2023, Goodwill fell 2.67% year-over-year to $1.6 million; the trailing twelve-month figure through Mar 2023 stood at $1.6 million (down 2.67% YoY), and the FY2022 full-year result was $1.6 million, down 2.35% from the prior year.
  • Goodwill held at $1.6 million in Q1 2023, from $1.6 million in the prior quarter.
  • In the past five years, Goodwill ranged from a high of $1.7 million in Q1 2022 to a low of $1.5 million in Q3 2022.
  • A 3-year average of $1.6 million and a median of $1.6 million in 2022 frame the typical range for Goodwill.
  • Across the five-year window, Goodwill dropped 2.35% in 2022 and retreated 2.67% in 2023, its largest moves.
  • Tracing CBAT's Goodwill over 3 years: stood at $1.6 million in 2021, then declined by 2.35% to $1.6 million in 2022, then changed by 0.0% to $1.6 million in 2023.
  • Business Quant data shows CBAT's Goodwill at $1.6 million in Q1 2023, $1.6 million in Q4 2022, and $1.5 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 CBAK Energy Technology 44.57 Mn -56.98 Mn 1.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 1.61 Mn
Dec 31, 2022 1.61 Mn
Sep 30, 2022 1.47 Mn
Jun 30, 2022 1.56 Mn
Mar 31, 2022 1.65 Mn
Dec 31, 2021 1.65 Mn