CBAK Energy Technology, Inc. (CBAT)

CBAK Energy Technology Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	10.45	4.64	6.52	7.36	11.68	1.61
Short-Term Investments	13.89	0.11	0.04	0.08	0.02	0.06
Cash & Short-Term Investments	24.34	4.75	6.56	7.43	11.7	1.68
Cash Growth	638.21%	-27.60%	-11.70%	-36.46%	597.98%	230.83%
Accounts Receivable	34.92	28.73	32.93	52.96	29.81	7.95
Other Receivables	3.64	5.25	4.95	7.72	5.04	4.24
Receivables	38.55	33.98	37.88	60.68	36.21	12.19
Inventory	23.94	33.41	49.45	30.13	5.25	8.67
Prepaid Expenses	0.62	0.65	0.71	0.68	0.53	0.32
Other Current Assets	43.01	55.63	31.11	23.91	9.48	5.63
Total Current Assets	130.46	128.42	125.71	122.84	63.17	28.49
Property, Plant & Equipment	143.67	142.22	113.58	133.15	78.73	67.08
Long-Term Investments	2.34	2.57	0.95	0.71	-	-
Goodwill	-	-	-	1.65	-	-
Other Intangible Assets	0.51	0.84	1.31	1.96	0.01	0.02
Long-Term Accounts Receivable	-	-	-	0.84	0.85	-
Long-Term Deferred Tax Assets	-	-	2.49	1.4	-	-
Other Long-Term Assets	16.5	7.1	-	0.06	-	-
Total Assets	293.48	281.16	244.03	262.62	142.77	95.58
Accounts Payable	89.88	82.84	67.85	65.7	28.98	16.56
Accrued Expenses	6.97	6.17	5.44	7.09	4.12	2.59
Short-Term Debt	26.05	32.93	15.6	13.49	1.25	10.2
Current Portion of Long-Term Debt	-	-	-	-	13.74	16.57
Current Portion of Leases	2.29	2.34	1.42	0.8	-	-
Current Income Taxes Payable	0.34	-	-	-	-	-
Current Unearned Revenue	4.41	4.03	6.93	6.04	0.55	0.74
Other Current Liabilities	24.28	32.19	14.7	19.65	25.07	12.33
Total Current Liabilities	154.22	160.5	111.93	112.77	73.71	59
Long-Term Debt	-	-	-	-	-	9.52
Long-Term Leases	2.68	0.48	0.61	0.88	-	-
Long-Term Unearned Revenue	5.78	6.2	6.66	6.19	7.3	4.12
Other Long-Term Liabilities	0.41	0.52	0.45	1.9	9.35	9.29
Total Liabilities	163.09	167.7	119.65	121.73	90.36	81.93
Common Stock	0.09	0.09	0.09	0.09	0.08	0.05
Additional Paid-In Capital	261.83	261.57	260.34	256.05	239.38	194.31
Retained Earnings	-116.87	-133.17	-130.72	-121.27	-182.75	-174.95
Treasury Stock	-4.07	-4.07	-4.07	-4.07	-4.07	-4.07
Comprehensive Income & Other	-9.83	-11.6	-8.15	2.49	-0.24	-1.74
Total Common Equity	131.17	112.82	117.5	133.29	52.4	13.61
Minority Interest	-0.78	0.63	6.88	7.59	0.01	0.05
Shareholders' Equity	130.38	113.46	124.38	140.88	52.41	13.66
Total Liabilities & Equity	293.48	281.16	244.03	262.62	142.77	95.58
Total Debt	31.02	35.74	17.62	15.17	14.99	36.29
Net Cash (Debt)	-6.68	-30.99	-11.06	-7.74	-3.29	-34.62
Net Cash Per Share	-0.07	-0.35	-0.12	-0.09	-0.05	-0.89
Filing Date Shares Outstanding	89.94	89.92	89.01	88.71	88.11	53.76
Total Common Shares Outstanding	89.94	89.92	88.99	88.71	79.17	53.08
Working Capital	-23.76	-32.07	13.77	10.07	-10.54	-30.51
Book Value Per Share	1.46	1.25	1.32	1.50	0.66	0.26
Tangible Book Value	130.66	111.98	116.19	129.68	52.39	13.59
Tangible Book Value Per Share	1.45	1.25	1.31	1.46	0.66	0.26
Buildings	46.38	45.84	47.09	48.42	28.15	27.26
Machinery	90.98	86.34	73.72	60.59	33.21	23.09
Construction In Progress	38.99	37.8	9.95	27.34	30.19	21.71
Leasehold Improvements	8.2	7.21	5.16	5.54	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.