CBAK Energy Technology Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	10.48	6.72	4.64	6.52	7.36	11.68
Short-Term Investments	0.09	4.32	0.11	0.04	0.08	0.02
Cash & Short-Term Investments	10.56	11.05	4.75	6.56	7.43	11.7
Cash Growth	-56.60%	132.44%	-27.60%	-11.70%	-36.46%	597.98%
Accounts Receivable	47.8	32.66	28.44	32.93	52.96	29.81
Other Receivables	9.29	12.21	5.54	4.95	7.72	5.04
Receivables	57.09	44.87	33.98	37.88	60.68	36.21
Inventory	34.49	22.85	33.41	49.45	30.13	5.25
Prepaid Expenses	1.01	0.5	0.65	0.71	0.68	0.53
Other Current Assets	54.55	62.13	55.63	31.11	23.91	9.48
Total Current Assets	157.69	141.4	128.42	125.71	122.84	63.17
Property, Plant & Equipment	187.5	142.33	142.22	113.58	133.15	78.73
Long-Term Investments	2.34	2.25	2.57	0.95	0.71	-
Goodwill	-	-	-	-	1.65	-
Other Intangible Assets	0.07	0.38	0.84	1.31	1.96	0.01
Long-Term Accounts Receivable	-	-	-	-	0.84	0.85
Long-Term Deferred Tax Assets	-	-	-	2.49	1.4	-
Other Long-Term Assets	16.26	15.86	7.1	-	0.06	-
Total Assets	363.86	302.22	281.16	244.03	262.62	142.77
Accounts Payable	125.97	97.13	82.84	67.85	65.7	28.98
Accrued Expenses	9	8.31	5.5	5.44	7.09	4.12
Short-Term Debt	29.98	26.49	32.99	15.6	13.49	1.25
Current Portion of Long-Term Debt	-	-	-	-	-	13.74
Current Portion of Leases	1.35	1.27	2.34	1.42	0.8	-
Current Income Taxes Payable	1.07	1.18	0.78	-	-	-
Current Unearned Revenue	19.33	12.24	4.03	6.93	6.04	0.55
Other Current Liabilities	41.31	25.08	32.02	14.7	19.65	25.07
Total Current Liabilities	228	171.7	160.5	111.93	112.77	73.71
Long-Term Debt	4.76	-	-	-	-	-
Long-Term Leases	1.98	2.45	0.48	0.61	0.88	-
Long-Term Unearned Revenue	10.19	7.58	6.2	6.66	6.19	7.3
Other Long-Term Liabilities	0.47	0.42	0.52	0.45	1.9	9.35
Total Liabilities	245.41	182.15	167.7	119.65	121.73	90.36
Common Stock	0.09	0.09	0.09	0.09	0.09	0.08
Additional Paid-In Capital	256.44	261.94	261.57	260.34	256.05	239.38
Retained Earnings	-123.38	-121.38	-133.17	-130.72	-121.27	-182.75
Treasury Stock	-	-4.07	-4.07	-4.07	-4.07	-4.07
Comprehensive Income & Other	-11.75	-14.92	-11.6	-8.15	2.49	-0.24
Total Common Equity	121.41	121.67	112.82	117.5	133.29	52.4
Minority Interest	-2.95	-1.61	0.63	6.88	7.59	0.01
Shareholders' Equity	118.46	120.07	113.46	124.38	140.88	52.41
Total Liabilities & Equity	363.86	302.22	281.16	244.03	262.62	142.77
Total Debt	38.07	30.21	35.8	17.62	15.17	14.99
Net Cash (Debt)	-27.51	-19.17	-31.05	-11.06	-7.74	-3.29
Net Cash Per Share	-0.31	-0.21	-0.35	-0.12	-0.09	-0.05
Filing Date Shares Outstanding	88.65	89.94	89.92	89.01	88.71	88.11
Total Common Shares Outstanding	88.65	89.94	89.92	88.99	88.71	79.17
Working Capital	-70.31	-30.3	-32.07	13.77	10.07	-10.54
Book Value Per Share	1.37	1.35	1.25	1.32	1.50	0.66
Tangible Book Value	121.33	121.29	111.98	116.19	129.68	52.39
Tangible Book Value Per Share	1.37	1.35	1.25	1.31	1.46	0.66
Buildings	45.75	44.59	45.84	47.09	48.42	28.15
Machinery	90.66	87.31	86.34	73.72	60.59	33.21
Construction In Progress	89.46	42.53	37.8	9.95	27.34	30.19
Leasehold Improvements	9.48	8.06	7.21	5.16	5.54	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.