CBAK Energy Technology, Inc. Income Statement
CBAT|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
CBAK Energy Technology, Inc. reported $195M in revenue and $9M in net loss for FY2025. Revenue has declined at a 0.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $195.2M | $204.4M | $248.7M | $52.7M | $37.6M | $22.2M | $24.4M | $58.4M | $10.4M | $13.9M | $123.0M | $185.6M | $205.5M | $219.0M | $211.1M |
| Cost of Revenue | $176.8M | $172.7M | $230.6M | $47.6M | $34.9M | $21.6M | $27.7M | $68.6M | $12.1M | $13.0M | $113.5M | $202.2M | $204.3M | $192.6M | $184.4M |
| Gross Profit | $18.4M | $31.7M | $18.1M | $5.1M | $2.7M | $622.5K | -$3.3M | -$10.2M | -$1.7M | $949.9K | $9.6M | -$16.6M | $1.2M | $26.3M | $26.8M |
| SG&A Expense | $16.2M | $13.8M | $9.7M | $10.0M | $1.5M | $4.4M | $4.5M | $4.3M | $4.7M | $3.3M | $12.4M | $17.5M | $18.1M | $18.1M | $22.0M |
| R&D Expense | $15.8M | $11.9M | $10.6M | $5.3M | $1.7M | $1.9M | $2.5M | $1.7M | $1.9M | $1.0M | $4.0M | $5.4M | $1.8M | $7.3M | $5.6M |
| Operating Income | -$18.4M | -$7.3M | -$11.5M | -$11.7M | -$8.5M | -$10.1M | -$13.4M | -$21.2M | -$12.1M | -$3.6M | -$10.6M | -$100.7M | -$53.7M | -$14.2M | -$7.1M |
| Interest Expense | $1.1M | $1.0M | $646.0K | $339.9K | $1.7M | $2.3M | $2.3M | $1.5M | - | - | - | - | - | - | - |
| Income Tax | -$184.7K | $2.5M | -$1.2M | -$7.7M | -$7.7M | - | - | - | $672.6K | $5.3M | $16.5K | $6.1M | $2.4M | $1.3M | -$1.3M |
| Net Income | -$9.4M | -$2.4M | -$9.4M | $61.5M | -$7.8M | -$10.9M | -$1.9M | -$21.5M | -$12.7M | $15.9M | $37.8M | -$116.0M | -$65.8M | -$24.5M | -$14.0M |
| EPS (Basic) | $0.13 | -$0.03 | -$0.11 | $0.70 | -$0.13 | -$0.28 | -$0.07 | - | - | $1.24 | - | - | -$5.21 | - | -$0.25 |
| EPS (Diluted) | $0.13 | -$0.03 | -$0.11 | $0.70 | -$0.13 | -$0.28 | -$0.07 | -$0.92 | -$0.71 | $1.23 | $2.99 | -$9.19 | -$5.21 | - | -$0.25 |
| Shares Outstanding | 89.9M | 89.9M | 89.0M | 88.7M | 3.0M | 53.1M | 26.6M | 26.2M | 19.5M | 12.7M | 12.6M | 12.6M | 12.8M | 12.8M | 63.6M |
| Gross Margin | 9.4% | 15.5% | 7.3% | 9.7% | 7.2% | 2.8% | -13.5% | -17.5% | -16.7% | 6.8% | 7.8% | -8.9% | 0.6% | 12.0% | 12.7% |
| Operating Margin | -9.4% | -3.5% | -4.6% | -22.2% | -22.6% | -45.5% | -55.0% | -36.3% | -116.9% | -26.2% | -8.6% | -54.3% | -26.1% | -6.5% | -3.3% |
| Profit Margin | -4.8% | -1.2% | -3.8% | 116.7% | -20.9% | -48.9% | -8.0% | -36.8% | -122.0% | 114.2% | 30.7% | -62.5% | -32.0% | -11.2% | -6.6% |