Cbak Energy Technology Inc Financials
Cbak Energy Technology Inc (CBAT) reported $195.2M in revenue for fiscal year 2025, up 10.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue expanded, but margin compression and heavier reinvestment turned a profitable operating model into a liquidity-constrained one.
Revenue increased by$18.6M in FY2025, while gross margin compressed by14.3 percentage points , indicating incremental sales were accompanied by disproportionately higher production costs. Operating margin shifted from5.0% to-9.5% , showing that growth did not cover the expanded cost base.
Cash conversion weakened materially: operating cash flow reached
Working-capital pressure intensified: the current ratio fell from 0.8x to 0.6x as short-term obligations outpaced current resources. Inventory more than doubled from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Cbak Energy Technology Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Cbak Energy Technology Inc has an operating margin of -9.4%, meaning the company loses $9 on every $100 of revenue. This results in a profitability score of 24/100. This is down from 5.0% the prior year.
Cbak Energy Technology Inc's revenue grew 10.5% year-over-year to $195.2M, a solid pace of expansion. This earns a growth score of 66/100.
Cbak Energy Technology Inc carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 85/100, indicating a strong balance sheet with room for future borrowing.
Cbak Energy Technology Inc's current ratio of 0.60 is below the typical benchmark, resulting in a score of 7/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Cbak Energy Technology Inc generated $48.6M in operating cash flow, capex of $44.7M consumed most of it, leaving $3.9M in free cash flow. This results in a low score of 52/100, reflecting heavy capital investment rather than weak cash generation.
Cbak Energy Technology Inc posts a -8.3% return on equity (ROE), meaning it loses $8 for every $100 of shareholders' equity. This results in a returns score of 21/100. This is down from 9.7% the prior year.
Cbak Energy Technology Inc scores -0.31, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($76.7M) relative to total liabilities ($316.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Cbak Energy Technology Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Cbak Energy Technology Inc reported a net loss of $9.4M while generating $48.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Cbak Energy Technology Inc reported an operating loss of $18.4M against $1.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Cbak Energy Technology Inc generated $195.2M in revenue in fiscal year 2025. This represents an increase of 10.5% from the prior year.
Cbak Energy Technology Inc's EBITDA was -$8.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 153.4% from the prior year.
Cbak Energy Technology Inc reported -$9.4M in net income in fiscal year 2025. This represents a decrease of 179.5% from the prior year.
Cbak Energy Technology Inc earned -$0.10 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 176.9% from the prior year.
Cash & Balance Sheet
Cbak Energy Technology Inc generated $3.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 82.7% from the prior year.
Cbak Energy Technology Inc held $8.3M in cash against $4.1M in long-term debt as of fiscal year 2025, with $299.8M of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
Cbak Energy Technology Inc's gross margin was 9.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 14.2 percentage points from the prior year.
Cbak Energy Technology Inc's operating margin was -9.4% in fiscal year 2025, reflecting core business profitability. This is down 14.4 percentage points from the prior year.
Cbak Energy Technology Inc's net profit margin was -4.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 11.5 percentage points from the prior year.
Cbak Energy Technology Inc's ROE was -8.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 18.0 percentage points from the prior year.
Capital Allocation
Cbak Energy Technology Inc invested $15.8M in research and development in fiscal year 2025. This represents an increase of 21.5% from the prior year.
Cbak Energy Technology Inc spent $1.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Cbak Energy Technology Inc invested $44.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 159.8% from the prior year.
CBAT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 |
|---|---|---|---|
| Revenue | $229.9M | $195.2M+10.5% | $176.6M |
| Cost of Revenue | $215.2M | $176.8M+31.1% | $134.8M |
| Gross Profit | $14.7M | $18.4M-55.9% | $41.8M |
| R&D Expenses | $17.0M | $15.8M+21.5% | $13.0M |
| SG&A Expenses | $16.9M | $16.2M+16.1% | $13.9M |
| Operating Income | -$25.3M | -$18.4M-309.8% | $8.8M |
| Interest Expense | $1.1M | $1.1M-4.0% | $1.1M |
| Income Tax | N/A | -$185K-111.8% | $1.6M |
| Net Income | -$17.1M | -$9.4M-179.5% | $11.8M |
| EPS (Diluted) | — | -$0.10-176.9% | $0.13 |
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CBAT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 |
|---|---|---|
| Total Assets | $426.2M+41.0% | $302.2M |
| Current Assets | $180.6M+27.8% | $141.4M |
| Cash & Equivalents | $8.3M+23.4% | $6.7M |
| Inventory | $50.6M+121.4% | $22.9M |
| Accounts Receivable | $38.4M+16.6% | $32.9M |
| Total Liabilities | $316.7M+73.9% | $182.2M |
| Current Liabilities | $299.8M+74.6% | $171.7M |
| Long-Term Debt | $4.1M | N/A |
| Total Equity | $112.7M-7.4% | $121.7M |
| Retained Earnings | -$133.8M-9.1% | -$122.6M |
Not reported in any period shown, so not listed: Goodwill.
CBAT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 |
|---|---|---|---|
| Operating Cash Flow | $80.5M | $48.6M+22.3% | $39.7M |
| Capital Expenditures | $43.7M | $44.7M+159.8% | $17.2M |
| Free Cash Flow | $36.7M | $3.9M-82.7% | $22.5M |
| Investing Cash Flow | -$47.6M | -$45.7M-95.1% | -$23.4M |
| Financing Cash Flow | $13.4M | $8.0M+168.5% | -$11.7M |
| Share Buybacks | N/A | $1.5M | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CBAT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 |
|---|---|---|
| Gross Margin | 9.4%-14.2pp | 23.6% |
| Operating Margin | -9.4%-14.4pp | 5.0% |
| Net Margin | -4.8%-11.5pp | 6.7% |
| Return on Equity | -8.3%-18.0pp | 9.7% |
| Return on Assets | -2.2%-6.1pp | 3.9% |
| Current Ratio | 0.60-0.2x | 0.82 |
| Debt-to-Equity | 0.04-1.5x | 1.50 |
| FCF Margin | 2.0%-10.8pp | 12.8% |
Note: The current ratio is below 1.0 (0.60), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Cbak Energy Technology Inc Ranks
Frequently Asked Questions
What is Cbak Energy Technology Inc's annual revenue?
Cbak Energy Technology Inc (CBAT) reported $195.2M in total revenue for fiscal year 2025. This represents a 10.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Cbak Energy Technology Inc's revenue growing?
Cbak Energy Technology Inc (CBAT) revenue grew by 10.5% year-over-year, from $176.6M to $195.2M in fiscal year 2025.
Is Cbak Energy Technology Inc profitable?
No, Cbak Energy Technology Inc (CBAT) reported a net income of -$9.4M in fiscal year 2025, with a net profit margin of -4.8%.
What is Cbak Energy Technology Inc's EBITDA?
Cbak Energy Technology Inc (CBAT) had EBITDA of -$8.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Cbak Energy Technology Inc have?
As of fiscal year 2025, Cbak Energy Technology Inc (CBAT) had $8.3M in cash and equivalents against $4.1M in long-term debt.
What is Cbak Energy Technology Inc's gross margin?
Cbak Energy Technology Inc (CBAT) had a gross margin of 9.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cbak Energy Technology Inc's operating margin?
Cbak Energy Technology Inc (CBAT) had an operating margin of -9.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Cbak Energy Technology Inc's net profit margin?
Cbak Energy Technology Inc (CBAT) had a net profit margin of -4.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Cbak Energy Technology Inc's return on equity (ROE)?
Cbak Energy Technology Inc (CBAT) has a return on equity of -8.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cbak Energy Technology Inc's free cash flow?
Cbak Energy Technology Inc (CBAT) generated $3.9M in free cash flow during fiscal year 2025. This represents a -82.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Cbak Energy Technology Inc's operating cash flow?
Cbak Energy Technology Inc (CBAT) generated $48.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Cbak Energy Technology Inc's total assets?
Cbak Energy Technology Inc (CBAT) had $426.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Cbak Energy Technology Inc's capital expenditures?
Cbak Energy Technology Inc (CBAT) invested $44.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Cbak Energy Technology Inc spend on research and development?
Cbak Energy Technology Inc (CBAT) invested $15.8M in research and development during fiscal year 2025.
What is Cbak Energy Technology Inc's current ratio?
Cbak Energy Technology Inc (CBAT) had a current ratio of 0.60 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Cbak Energy Technology Inc's debt-to-equity ratio?
Cbak Energy Technology Inc (CBAT) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cbak Energy Technology Inc's return on assets (ROA)?
Cbak Energy Technology Inc (CBAT) had a return on assets of -2.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cbak Energy Technology Inc's Altman Z-Score?
Cbak Energy Technology Inc (CBAT) has an Altman Z-Score of -0.31, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Cbak Energy Technology Inc's Piotroski F-Score?
Cbak Energy Technology Inc (CBAT) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cbak Energy Technology Inc's earnings high quality?
Cbak Energy Technology Inc (CBAT) reported a net loss of $9.4M while generating $48.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Cbak Energy Technology Inc cover its interest payments?
Cbak Energy Technology Inc (CBAT) reported an operating loss of $18.4M against $1.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Cbak Energy Technology Inc?
Cbak Energy Technology Inc (CBAT) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.