CBAK Energy Technology develops, manufactures and sells high power lithium batteries, which are used for: electric vehicles, such as electric cars and buses and hybrid electric cars; light electric vehicles, such as electric motors; and electric tools, energy storage, uninterruptible power supply, and other high power applications. Co. conducts its business through two subsidiaries: Dalian CBAK Trading Co., Ltd., which focuses on the wholesale of lithium batteries and lithium batteries' materials, import and export business and related technology consulting service; and Dalian CBAK Power Battery Co., Ltd., which focuses on the development and manufacture of high-power lithium batteries. The CBAK stock yearly return is shown above.
The yearly return on the CBAK stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2017 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the CBAK annual return calculation with any dividends reinvested as applicable (on ex-dates).
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