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China BAK Battery Inc

 
Hoover's Profile: China BAK Battery, Inc.
(NASDAQ (GM):CBAK)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
China BAK Battery, Inc.
BAK Industrial Park, No. 1 BAK St., Kuichong Town, Lunggang District
Shenzhen, Guangdong 518119, China
Tel. +86-755-8977-0093

Type: Public
On the web: http://www.bak.com.cn
Employees: 7,099
Employee growth: (13.4%)

I want my China BAK, China BAK, China BAK -- batteries, of course. China BAK Battery makes rechargeable lithium ion battery cells, primarily replacement batteries for mobile phones. The company also turns out batteries for digital still cameras, industrial applications, laptop computers, MP3 players, and video camcorders. In addition to four basic battery types -- aluminum, cylindrical, and steel cells, with industrial batteries -- China BAK is shipping lithium polymer batteries, a rechargeable cell that is used in a variety of portable electronic devices. The company gets around three-quarters of its sales in China and Hong Kong.

Key numbers for fiscal year ending September, 2009:
Sales: $211.1M
One year growth: (13.9%)
Net income: ($14.0)M

Officers:
Chairman, President, and CEO: Xiangqian Li
COO: Kenneth G. Broom
CFO, Secretary, and Treasurer: Tony Shen

Competitors:
LG Chem
SANYO
Ultralife

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