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CBAK Energy Technology, Inc.

CBAT

CBAK Energy Technology is a leading manufacturer of high-power lithium and sodium-ion batteries primarily used in light electric vehicles, energy storage systems, and uninterruptible power supply (UPS) applications.

Market cap
$45.56M-53.1%
Revenue$229.9M+50.5%
Net income-$17.1M-216%
Free cash flow$8.2M-78.6%
EPS (diluted)-$0.18-213%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 17, 2026 (in a month)
Revenue estimate$74.4M
EPS estimate-$0.06

Financials

Q1 2026

Income statement

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Revenue$69.6M+99.3%
Gross profit$1.0M-78.3%
Operating income-$9.7M-239%
Net income-$9.3M-488%
EPS (diluted)-$0.10-400%

Balance sheet

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Cash & equivalents$98.6M+107%
Total debt$88.1M+32.8%
Total equity$105.2M-12.9%
Total assets$491.0M+57.6%

Cash flow

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Operating cash flow$22.3M+332%
CapEx$11.8M-7.1%
Free cash flow$10.5M+147%

Valuation & ratios

Valuation

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Market cap$45.56M-53.1%
Enterprise value$35.02M-78.0%
P/S0.2×-0.5×

Profitability

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Gross margin6.4%-11.8pp
Operating margin-11%
Net margin-7.4%

Returns & leverage

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Return on equity-15.1%
Debt / equity0.8×+0.3×
Current ratio0.6×-0.2×

Segments

By product

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High Power Lithium Batteries$37.5M+84.3%
Manufacturing Lithium Batteries$32.1M+120%
Cathode$32.1M+185%
Residential Energy Supply And Uninterruptable Supplies$22.1M+30.2%
Light Electric Vehicles$15.4M+442%

By geography

See full
Africa$5.7M
Europe$4.8M+6,219%
Non Us$2.1M

Competitors

Profile

CBAK Energy Technology is a leading manufacturer of high-power lithium and sodium-ion batteries primarily used in light electric vehicles, energy storage systems, and uninterruptible power supply (UPS) applications. The company operates an integrated business model that spans from the development of NCM precursor and cathode materials to the assembly of complete battery pack systems. Its core value proposition centers on advanced cylindrical battery technology, including specialized sodium-ion cells designed for extreme temperatures and fast-charging capabilities.

Competitive position

A specialized manufacturer transitioning to large-format cylindrical cells and sodium-ion technology to maintain a niche in high-power applications.

GeographiesChina, Europe, India, Africa, North America, Southeast Asia
Customer segmentsElectric Vehicle Manufacturers, Residential Energy Storage, Industrial UPS, Battery Integrators
Business modelManufacturing, B2B, Direct-to-consumer
SuppliersNickel salts, Cobalt salts, Manganese salts, Lithium phosphate, Iron phosphate, Graphite, Electrolytes, Separators
CustomersLight electric vehicle (LEV) manufacturers, Residential energy storage providers, UPS system operators, Battery swapping networks
CountryChina
Listed2002
Employees1.5K
CEOZhi Guang Hu
FilingsSEC EDGAR

Questions, answered.

What is CBAK Energy Technology, Inc.'s market cap?
CBAK Energy Technology, Inc. (CBAT) has a market capitalization of $45.6M and trades on NASDAQ.
What is CBAK Energy Technology, Inc.'s revenue and profitability?
CBAK Energy Technology, Inc. generated $229.9M in trailing twelve-month revenue with a net loss of $17.1M, representing a net margin of -7.4%. Gross margin stands at 6.4%, with free cash flow of $8.2M. These figures are based on the Q1 2026 filing.
Who are CBAK Energy Technology, Inc.'s competitors?
CBAK Energy Technology, Inc.'s key competitors include Ultralife Corporation, Microvast Holdings, Inc. Common Stock, Solid Power, Inc. Class A Common Stock, and others. These companies compete in similar markets and product categories.
Who does CBAK Energy Technology, Inc. partner with?
CBAK Energy Technology, Inc.'s notable partners include Anker Innovations, Spiro Mobility, Scania, and others.
What subsidiaries does CBAK Energy Technology, Inc. have?
CBAK Energy Technology, Inc.'s subsidiaries include Zhejiang Hitrans Lithium Battery Technology Co., Ltd, CBAK Power, Nanjing BFD, and others.
Where is CBAK Energy Technology, Inc. headquartered?
CBAK Energy Technology, Inc. is headquartered in China and employs approximately 1,456 people. It has been publicly traded since 2002.