CBAK Energy Technology, Inc. (CBAT) Financial Statements (2026 and earlier)

Company Profile

Business Address	BAK INDUSTRIAL PARK, MEIGUI STREET DALIAN, 116422
State of Incorp.	NV
Fiscal Year End	December 31
Industry (SIC)	369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking)
More info	Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

	12/31/2025 Q4	9/30/2025 Q3	6/30/2025 Q2	3/31/2025 Q1	12/31/2024 Q4	9/30/2024 Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments	8,301	10,476	45,735	9,582	10,961	24,237
Cash and cash equivalent	8,301	10,476	5,680	4,052	6,724	10,448
Short-term investments			40,055	5,530	4,237	13,788
Receivables	49,808	53,376	38,734	44,400	36,043	38,529
Inventory, net of allowances, customer advances and progress billings	50,602	34,488	37,443	30,803	22,851	23,939
Inventory	50,602	34,488	37,443	30,803	22,851	23,939
Prepaid expense	1,874	1,408	3,294	6,807	7,993	5,701
Derivative instruments and hedges, assets
Deposits current assets	67,376	52,872	15,772	43,483	54,062	37,416
Other undisclosed current assets	2,677	5,073	2,469	8,084	9,487	639
Total current assets:	180,639	157,693	143,448	143,159	141,397	130,460
Noncurrent Assets
Operating lease, right-of-use asset	3,069	2,983	3,251	2,907	3,238	3,713
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization	179,059	82,839	83,891	84,284	85,487	89,365
Long-term investments and receivables	2,486	2,337	2,323	2,314	2,246	2,337
Long-term investments	2,486	2,337	2,323	2,314	2,246	2,337
Intangible asset, including goodwill, after accumulated amortization	72	75	154	268	383	507
Intangible asset, excluding goodwill, after accumulated amortization	72	75	154	268	383	507
Deposits noncurrent assets	16,503	16,262	16,165	15,949	15,864	16,500
Other undisclosed noncurrent assets	44,355	101,673	83,862	62,584	53,603	50,595
Total noncurrent assets:	245,543	206,170	189,646	168,306	160,821	163,017
TOTAL ASSETS:	426,182	363,863	333,094	311,465	302,218	293,477
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities	3,162	2,623	2,318	2,073	2,059	89,472
Accounts payable						89,472
Accrued liabilities	3,162	2,623	2,318	2,073	2,059
Deferred revenue	15,842	10,521	10,266	559	4,832
Debt	1,307				26,423	26,808
Derivative instruments and hedges, liabilities	728
Government assistance, liability	579	570	567		556	500
Other undisclosed current liabilities	278,230	214,289	186,264	172,870	137,831	37,441
Total current liabilities:	299,848	228,003	199,414	175,502	171,701	154,221
Noncurrent Liabilities
Long-term debt and lease obligation	4,119	4,761	4,872	4,132
Long-term debt, excluding current maturities	4,119	4,761	4,872	4,132
Finance lease, liability
Liabilities, other than long-term debt	12,735	12,643	12,964	13,088	10,450	8,873
Accounts payable and accrued liabilities	447	473	449	418	421	410
Deferred revenue				10,273
Operating lease, liability	2,093	1,981	2,245	2,398	2,449	2,684
Government assistance, liability	10,195	10,189	10,270		7,580	5,779
Other undisclosed noncurrent liabilities			(0)
Total noncurrent liabilities:	16,854	17,404	17,836	17,220	10,450	8,873
Total liabilities:	316,702	245,407	217,250	192,722	182,151	163,094
Equity
Equity, attributable to parent, including:	112,678	121,409	118,211	120,792	121,673	131,166
Common stock	89	89	90	90	90	90
Treasury stock, value			(5,304)	(4,067)	(4,067)	(4,067)
Additional paid in capital	248,500	248,487	247,892	247,870	247,842	247,733
Accumulated other comprehensive loss	(13,113)	(11,745)	(12,542)	(14,248)	(14,919)	(9,826)
Accumulated deficit	(133,796)	(126,420)	(129,070)	(125,997)	(122,606)	(118,096)
Other undisclosed equity, attributable to parent	10,998	10,998	17,144	17,144	15,332	15,332
Equity, attributable to noncontrolling interest	(3,198)	(2,953)	(2,367)	(2,049)	(1,606)	(783)
Total equity:	109,480	118,456	115,844	118,743	120,067	130,383
Other undisclosed liabilities and equity			0
TOTAL LIABILITIES AND EQUITY:	426,182	363,863	333,094	311,465	302,218	293,477

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

	12/31/2025 Q4	9/30/2025 Q3	6/30/2025 Q2	3/31/2025 Q1	12/31/2024 Q4	9/30/2024 Q3
Revenues	58,803	60,924	40,524	34,939	25,371	44,628
Cost of revenue	(54,520)	(56,048)	(36,062)	(30,137)	(22,059)	(37,674)
Gross profit:	4,283	4,876	4,462	4,802	3,312	6,955
Operating expenses	(12,298)	(8,909)	(7,991)	(7,666)	(9,906)	(7,782)
Operating loss:	(8,015)	(4,034)	(3,529)	(2,864)	(6,594)	(828)
Nonoperating income (expense)	(224)	(220)	(185)	100	644	(40)
Investment income, nonoperating	111	0	(21)	55	19	0
Other nonoperating income (expense)	(335)	(220)	(163)	45	625	(40)
Interest and debt expense					(19)	(20)
Other undisclosed loss from continuing operations before equity method investments, income taxes	(2)
Loss from continuing operations before equity method investments, income taxes:	(8,241)	(4,253)	(3,713)	(2,764)	(5,969)	(888)
Loss from equity method investments					(19)
Other undisclosed income from continuing operations before income taxes	617	6,152	353	713	33	542
Income (loss) from continuing operations before income taxes:	(7,624)	1,899	(3,360)	(2,051)	(5,955)	(346)
Income tax expense (benefit)	1	184			630	(339)
Net income (loss):	(7,623)	2,083	(3,360)	(2,051)	(5,325)	(686)
Net income (loss) attributable to noncontrolling interest	247	568	287	472	815	703
Net income (loss) available to common stockholders, diluted:	(7,376)	2,651	(3,073)	(1,579)	(4,510)	18

Comprehensive Income ($ in thousands)
Annual | Quarterly

	12/31/2025 Q4	9/30/2025 Q3	6/30/2025 Q2	3/31/2025 Q1	12/31/2024 Q4	9/30/2024 Q3
Net income (loss):	(7,623)	2,083	(3,360)	(2,051)	(5,325)	(686)
Other comprehensive income						4,484
Other undisclosed comprehensive income (loss)	(1,367)	779	1,676	700	(5,101)
Comprehensive income (loss):	(8,990)	2,861	(1,685)	(1,351)	(10,426)	3,798
Comprehensive income (loss), net of tax, attributable to noncontrolling interest	246	586	318	443	823	720
Comprehensive income (loss), net of tax, attributable to parent:	(8,744)	3,448	(1,367)	(908)	(9,603)	4,518

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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CBAK Energy Technology, Inc. (CBAT) Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

Comprehensive Income ($ in thousands)
Annual | Quarterly

Statements Sources

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CBAK Energy Technology, Inc. (CBAT) Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly

Income Statement (P&L) ($ in thousands)Annual | Quarterly

Comprehensive Income ($ in thousands)Annual | Quarterly

Statements Sources

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Financial Reporting
and Analysis Software

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

Comprehensive Income ($ in thousands)
Annual | Quarterly