China BAK Battery, Inc. (NASDAQ: CBAK) is one of the largest and fastest growing manufacturers of rechargeable lithium-ion battery cells in the world, as measured by production output. We are principally engaged in the manufacture, commercialization and distribution of a wide variety of standard and customized lithium-ion rechargeable batteries for use in cellular telephones, as well as various other portable electronic applications, including high-power handset telephones, laptop computers, power tools, digital cameras, video camcorders, MP3 players, miner's lamp, electric bicycles, hybrid electric vehicles, and general industrial applications.
Since May 31, 2006, our common stock has been listed on the Nasdaq Global Market under the symbol "CBAK".
We were incorporated in Nevada and conduct business through the following three wholly-owned operating subsidiaries in China that we own through BAK International, a Hong Kong company 100% owned by China BAK:
● Shenzhen BAK, located in Shenzhen with a size of 360,000 square meters, focuses on the development and manufacture of prismatic cells, cylindrical cells;
● BAK Electronics, located in Shenzhen and focuses on lithium polymer cells;
● And BAK Tianjin, located in Tianjin and focuses on advanced lithium-ion batteries for use in light electric vehicles and uninterruptible power supply units.
In addition, BAK Canada, a wholly-owned subsidiary of BAK International, was incorporated in Canada in December 2006 to advance our research and development of lithium-ion batteries. And in October 2007, Shenzhen BAK obtained the Approval Certificate of Overseas Investments of Chinese Enterprises to invest in a wholly-owned subsidiary in Germany, BAK Europe GmbH, which will focus on the sales and after-sales services of lithium-ion battery cells in Europe.
China BAK Battery, Inc.
BAK Industrial Park No 1 BAK Street
Kuichong Street Longgang District
Phone: 86 755 8977 0093
Fax: 86 755 8977 0527
Web Site: http://www.bak.com.cn Shares Outstanding5: 53.23M
% Held by Insiders1: 40.20%
% Held by Institutions1: 13.40%
Market Cap (intraday)5: 253.89M
Enterprise Value (6-Jun-08)3: 404.16M
Trailing P/E (ttm, intraday): N/A
Forward P/E (fye 30-Sep-09) 1: 21.68
PEG Ratio (5 yr expected): N/A
Price/Sales (ttm): 1.26
Price/Book (mrq): 1.52
52-Week High (27-Sep-07)3: 9.79
52-Week Low (11-Jun-07)3: 3.00
50-Day Moving Average3: 4.00
200-Day Moving Average3: 4.15
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