CBAK Energy Technology, Inc. financial data

Symbol
CBAT on Nasdaq
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
Bak Industrial Park, Meigui Street, Huayuankou Economic Zone, Dalian, China
State of incorporation
NV
Fiscal year end
December 31
Former names
CHINA BAK BATTERY INC (to 1/13/2017), MEDINA COFFEE INC (to 2/14/2005)
Latest financial report
10-K - Q4 2024 - Mar 17, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 83.9 %
Quick Ratio 17 % -40.3%
Debt-to-equity 133 % -0.26%
Return On Equity 9.47 %
Return On Assets 4.06 %
Operating Margin 4.98 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 89.9M shares +0.02%
Common Stock, Shares, Outstanding 89.9M shares +0.02%
Entity Public Float 107M USD +12.7%
Common Stock, Value, Issued 90.1K USD +0.02%
Weighted Average Number of Shares Outstanding, Basic 89.9M shares +0.76%
Weighted Average Number of Shares Outstanding, Diluted 90.2M shares +1.02%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 177M USD -13.6%
Cost of Revenue 135M USD -21.9%
Research and Development Expense 13M USD +9.07%
Selling and Marketing Expense 5.2M USD +5.99%
General and Administrative Expense 13.9M USD +1.15%
Operating Income (Loss) 8.79M USD -12%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 11.1M USD -5.25%
Income Tax Expense (Benefit) 1.56M USD -37.3%
Net Income (Loss) Attributable to Parent 11.8M USD +5.43%
Earnings Per Share, Basic 0.13 USD/shares 0%
Earnings Per Share, Diluted 0.13 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.72M USD +44.8%
Accounts Receivable, after Allowance for Credit Loss, Current 32.9M USD +15%
Inventory, Net 22.9M USD -31.6%
Other Assets, Current 8.72M USD -93.3%
Assets, Current 141M USD +10.1%
Other Long-term Investments 621K USD -2.77%
Deferred Income Tax Assets, Net 3.4M USD +189%
Property, Plant and Equipment, Net 85.5M USD -6.7%
Operating Lease, Right-of-Use Asset 3.24M USD +199%
Intangible Assets, Net (Excluding Goodwill) 383K USD -54.5%
Other Assets, Noncurrent 1.23M USD 0%
Assets 302M USD +7.49%
Accounts Payable, Current 84.7M USD +2.78%
Accrued Liabilities, Current 2.06M USD -2.78%
Contract with Customer, Liability, Current 4.83M USD +516%
Liabilities, Current 172M USD +6.98%
Contract with Customer, Liability, Noncurrent 1.09M USD
Operating Lease, Liability, Noncurrent 2.45M USD +415%
Other Liabilities, Noncurrent 536K USD
Liabilities 182M USD +8.62%
Accumulated Other Comprehensive Income (Loss), Net of Tax -14.9M USD -28.6%
Retained Earnings (Accumulated Deficit) -123M USD +8.77%
Stockholders' Equity Attributable to Parent 122M USD +7.84%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 120M USD +5.83%
Liabilities and Equity 302M USD +7.49%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 7.45M USD -21.8%
Net Cash Provided by (Used in) Financing Activities -16.4M USD -614%
Net Cash Provided by (Used in) Investing Activities -12.8M USD -77.9%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 90.1M shares +0.02%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -22.6M USD -490%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 60.8M USD +3.34%
Interest Paid, Excluding Capitalized Interest, Operating Activities 160K USD +140%
Deferred Tax Assets, Valuation Allowance 42.5M USD -2.57%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 3.72M USD +218%
Depreciation 7.76M USD -25.6%
Payments to Acquire Property, Plant, and Equipment 7.9M USD +9.48%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 8.47M USD -371%
Lessee, Operating Lease, Liability, to be Paid 4.14M USD +237%
Property, Plant and Equipment, Gross 140M USD +0.4%
Operating Lease, Liability, Current 1.27M USD +83.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 887K USD +212%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.41M USD +95.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -305K USD -15080%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 419K USD +584%
Lessee, Operating Lease, Liability, to be Paid, Year Three 490K USD +206%
Deferred Tax Assets, Operating Loss Carryforwards 38.1M USD +5.58%
Current Income Tax Expense (Benefit) 1.56M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 461K USD +1360%
Operating Lease, Payments 121K USD +30.8%
Additional Paid in Capital 247M USD +2.1%
Amortization of Intangible Assets 470K USD -0.58%
Deferred Tax Assets, Net of Valuation Allowance 152K USD -25%
Share-based Payment Arrangement, Expense 51.1K USD -47%
Interest Expense 171K USD -42.3%