China BAK Battery, Inc. (NASDAQ:CBAK)

CAPS Rating: 1 out of 5

Engaged in the manufacture, commercialization & distribution of a variety of standard & customized lithium ion rechargeable batteries for use in cellular telephones, as well as various other portable electronic & general industrial applications.

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Player Avatar nativestarmike (< 20) Submitted: 3/4/2010 10:26:38 AM : Outperform Start Price: $2.48 CBAK Score: -89.38

CBAK is one of the few battery makers in China that has invested heavily in their automation capabilities. This produces batteries that are more reliable than other companies, and of course allows them better economies of scale. They still need to nail that big OEM customer, but they are in good position to do so.

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