CBAK Energy Technology (CBAT) Long-Term Deferred Tax (2011 - 2024)
CBAK Energy Technology (CBAT) posted Long-Term Deferred Tax of $40.2 million for Q1 2024, up 19657.05% sequentially from $203240.0 in Q4 2023, and up 1283.27% YoY from $2.9 million in Q2 2023.
CBAK Energy Technology (CBAT) Long-Term Deferred Tax (2011 - 2024) Analysis & Trends
CBAK Energy Technology has reported Long-Term Deferred Tax for 10 years, with the latest figure at $40.2 million in Q1 2024.
- Quarterly Long-Term Deferred Tax rose 1283.27% year-over-year to $40.2 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $40.2 million (up 1283.27% YoY) and the FY2023 annual result came in at $203240.0, down 9.59% from the prior year.
- Long-Term Deferred Tax grew to $40.2 million in Q1 2024 per CBAT's latest filing, from $203240.0 in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $40.2 million in Q1 2024 and troughed at $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.
- The sharpest annual moves came in 2022 and 2024: Long-Term Deferred Tax slumped 96.34% in 2022, then surged 1283.27% in 2024.
- Over 5 years, Long-Term Deferred Tax stood at $34.8 million in 2020, then sank by 95.06% to $1.7 million in 2021, then tumbled by 86.9% to $224795.0 in 2022, then declined by 9.59% to $203240.0 in 2023, then jumped by 19657.05% to $40.2 million in 2024.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $40.2 million, $203240.0, and $3.4 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn |
| 10 | CBAK Energy Technology | 73.50 Mn | -25.10 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 |