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| Date | Value |
|---|---|
| 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 |