NASDAQ · CBAT
CBAK Energy Technology Limited financials
$1.23+8.85%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $195.2M | $176.6M | $204.4M | $248.7M | $52.7M | $37.6M | $22.2M | $24.4M |
| Gross profit | $18.4M | $41.8M | $31.7M | $18.1M | $5.1M | $2.7M | $622.5K | -$3.3M |
| Gross margin | 9.4% | 23.7% | 15.5% | 7.3% | 9.7% | 7.2% | 2.8% | −13.5% |
| Operating income | -$18.4M | $8.8M | -$7.3M | -$11.5M | -$11.7M | -$8.5M | -$10.1M | -$13.4M |
| Net income | -$9.4M | $11.8M | -$2.4M | -$9.4M | $61.5M | -$7.8M | -$10.8M | -$1.9M |
| Net margin | −4.8% | 6.7% | −1.2% | −3.8% | 116.7% | −20.8% | −48.5% | −8.0% |
| Diluted EPS | $-0.10 | $0.13 | $-0.03 | $-0.11 | $0.70 | $-0.13 | $-0.28 | $-0.07 |
| EBITDA | -$8.9M | $17.2M | $9.5M | $3.4M | -$8.1M | -$1.4M | -$7.3M | -$11.0M |
| Operating cash flow | $48.6M | $39.7M | $46.5M | $15.1M | -$4.3M | -$5.1M | -$21.2M | $8.7M |
| Free cash flow | $3.9M | $22.5M | $15.4M | $2.7M | -$23.5M | -$10.8M | -$23.7M | $1.4M |
| Diluted shares | 89.2M | 90.2M | 89.3M | 88.9M | 87.9M | 62.0M | 39.0M | 26.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $8.3M | $6.7M | $4.6M | $6.5M | $7.4M | $11.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $34.3M | $26.4M | $34.6M | $16.4M | $13.5M | $15.0M |
| Total assets | $426.2M | $302.2M | $281.2M | $244.0M | $262.6M | $142.8M |
| Total liabilities | $316.7M | $182.2M | $167.7M | $119.7M | $121.7M | $90.4M |
| Shareholders' equity | $109.5M | $120.1M | $113.5M | $124.4M | $140.9M | $52.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology