Company / R&D Expense
CBAK Energy Technology, Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$15.8M
FY2025
5-year range
$1.7M / $15.8M
FY2021-FY2025
Trend
+32.5%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has increased for 4 consecutive years, from $2M in FY2021 to $16M in FY2025.
Based on SEC 10-K filings.
$16M in FY2025 with a 5-year CAGR of +52.7%.
Improved from $11M to $16M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +44.2%
- 5-Year CAGR
- +52.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- CBAK Energy Technology, Inc.'s r&d expense has grown for 4 consecutive years.
- 5-year CAGR of +52.7%, indicating consistent growth.
- In FY2025, r&d expense increased 32.5% year-over-year.
- Lowest r&d expense in the period was in FY2016.
Company context
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.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $15.8M | +32.5% |
| FY2024 | $11.9M | +12.2% |
| FY2023 | $10.6M | +101.6% |
| FY2022 | $5.3M | +214.2% |
| FY2021 | $1.7M | -11.9% |
| FY2020 | $1.9M | -23.2% |
| FY2019 | $2.5M | +42.7% |
| FY2018 | $1.7M | -7.5% |
| FY2017 | $1.9M | +87.6% |
| FY2016 | $1.0M | -74.8% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026