CBAK Energy Technology develops, manufactures and sells high power lithium batteries, as well as cathode materials and precursors for lithium batteries, which are used in light electric vehicles, electric vehicles, electric tools, energy storage including but not limited to uninterruptible power supply application, 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 YTD return is shown above.
The YTD Return on the CBAT YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether CBAT YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the CBAT YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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