CBAK Energy Technology (CBAT) Long-Term Deferred Tax (2011 - 2024)

CBAK Energy Technology (CBAT) reported Long-Term Deferred Tax of $40.2 million for Q1 2024, up 1283.27% on a YoY basis from $2.9 million in Q2 2023, and up 19657.05% sequentially from $203240.0 in Q4 2023.

CBAK Energy Technology (CBAT) Long-Term Deferred Tax (2011 - 2024) Analysis & Trends

CBAK Energy Technology (CBAT) has 10 years of Long-Term Deferred Tax data on file, last reported at $40.2 million in Q1 2024.

  • For the quarter ending Q1 2024, Long-Term Deferred Tax rose 1283.27% year-over-year to $40.2 million; the trailing twelve-month figure through Mar 2024 stood at $40.2 million (up 1283.27% YoY), and the FY2023 full-year result was $203240.0, down 9.59% from the prior year.
  • Long-Term Deferred Tax grew to $40.2 million in Q1 2024, from $203240.0 in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $40.2 million in Q1 2024 to a low of $203240.0 in Q4 2023.
  • A 5-year average of $18.3 million and a median of $29.8 million in 2020 frame the typical range for Long-Term Deferred Tax.
  • Across the five-year window, Long-Term Deferred Tax plunged 96.34% in 2022 and soared 1283.27% in 2024, its largest moves.
  • Tracing CBAT's Long-Term Deferred Tax over 5 years: stood at $34.8 million in 2020, then slumped by 95.06% to $1.7 million in 2021, then plunged by 86.9% to $224795.0 in 2022, then decreased by 9.59% to $203240.0 in 2023, then jumped by 19657.05% to $40.2 million in 2024.
  • Business Quant data shows CBAT's Long-Term Deferred Tax at $40.2 million in Q1 2024, $203240.0 in Q4 2023, and $3.4 million in Q3 2023.

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, 2024 40.15 Mn
Dec 31, 2023 203,240.00
Sep 30, 2023 3.40 Mn
Jun 30, 2023 3.24 Mn
Mar 31, 2023 2.90 Mn
Dec 31, 2022 224,795.00
Sep 30, 2022 1.18 Mn
Jun 30, 2022 37.00 Mn
Mar 31, 2022 1.50 Mn
Dec 31, 2021 1.72 Mn
Sep 30, 2021 32.13 Mn
Jun 30, 2021 31.40 Mn
Mar 31, 2021 30.66 Mn
Dec 31, 2020 34.76 Mn
Sep 30, 2020 30.73 Mn
Jun 30, 2020 30.09 Mn
Mar 31, 2020 29.76 Mn
Dec 31, 2019 29.36 Mn
Sep 30, 2019 28.50 Mn
Jun 30, 2019 27.86 Mn