CBAK Energy Technology is engaged in the business of developing, manufacturing and selling high power lithium batteries, which are used in the following applications: electric vehicles, such as electric cars, electric buses, hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, sight-seeing cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications. Co. conducts its business through its subsidiaries including: 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. The CBAT stock yearly return is shown above.
The yearly return on the CBAT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2015 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 CBAT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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