CBAK Energy Technology, Inc. (CBAT)

CBAK Energy Technology Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4.05	6.72	4.64	6.52	7.36	11.68
Short-Term Investments	5.61	4.32	0.11	0.04	0.08	0.02
Cash & Short-Term Investments	9.67	11.05	4.75	6.56	7.43	11.7
Cash Growth	-59.51%	132.44%	-27.60%	-11.70%	-36.46%	597.98%
Accounts Receivable	40.84	32.66	28.44	32.93	52.96	29.81
Other Receivables	10.91	12.21	5.54	4.95	7.72	5.04
Receivables	51.76	44.87	33.98	37.88	60.68	36.21
Inventory	30.8	22.85	33.41	49.45	30.13	5.25
Prepaid Expenses	0.5	0.5	0.65	0.71	0.68	0.53
Other Current Assets	50.43	62.13	55.63	31.11	23.91	9.48
Total Current Assets	143.16	141.4	128.42	125.71	122.84	63.17
Property, Plant & Equipment	149.77	142.33	142.22	113.58	133.15	78.73
Long-Term Investments	2.31	2.25	2.57	0.95	0.71	-
Goodwill	-	-	-	-	1.65	-
Other Intangible Assets	0.27	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	15.95	15.86	7.1	-	0.06	-
Total Assets	311.46	302.22	281.16	244.03	262.62	142.77
Accounts Payable	99.65	97.13	82.84	67.85	65.7	28.98
Accrued Expenses	8.04	8.31	5.5	5.44	7.09	4.12
Short-Term Debt	29.64	26.49	32.99	15.6	13.49	1.25
Current Portion of Long-Term Debt	-	-	-	-	-	13.74
Current Portion of Leases	1.16	1.27	2.34	1.42	0.8	-
Current Income Taxes Payable	0.83	1.18	0.78	-	-	-
Current Unearned Revenue	14.57	12.24	4.03	6.93	6.04	0.55
Other Current Liabilities	21.62	25.08	32.02	14.7	19.65	25.07
Total Current Liabilities	175.5	171.7	160.5	111.93	112.77	73.71
Long-Term Debt	4.13	-	-	-	-	-
Long-Term Leases	2.4	2.45	0.48	0.61	0.88	-
Long-Term Unearned Revenue	10.27	7.58	6.2	6.66	6.19	7.3
Other Long-Term Liabilities	0.42	0.42	0.52	0.45	1.9	9.35
Total Liabilities	192.72	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	261.97	261.94	261.57	260.34	256.05	239.38
Retained Earnings	-122.95	-121.38	-133.17	-130.72	-121.27	-182.75
Treasury Stock	-4.07	-4.07	-4.07	-4.07	-4.07	-4.07
Comprehensive Income & Other	-14.25	-14.92	-11.6	-8.15	2.49	-0.24
Total Common Equity	120.79	121.67	112.82	117.5	133.29	52.4
Minority Interest	-2.05	-1.61	0.63	6.88	7.59	0.01
Shareholders' Equity	118.74	120.07	113.46	124.38	140.88	52.41
Total Liabilities & Equity	311.46	302.22	281.16	244.03	262.62	142.77
Total Debt	37.33	30.21	35.8	17.62	15.17	14.99
Net Cash (Debt)	-27.66	-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	89.94	89.94	89.92	89.01	88.71	88.11
Total Common Shares Outstanding	89.94	89.94	89.92	88.99	88.71	79.17
Working Capital	-32.34	-30.3	-32.07	13.77	10.07	-10.54
Book Value Per Share	1.34	1.35	1.25	1.32	1.50	0.66
Tangible Book Value	120.52	121.29	111.98	116.19	129.68	52.39
Tangible Book Value Per Share	1.34	1.35	1.25	1.31	1.46	0.66
Buildings	44.85	44.59	45.84	47.09	48.42	28.15
Machinery	85.36	87.31	86.34	73.72	60.59	33.21
Construction In Progress	51.53	42.53	37.8	9.95	27.34	30.19
Leasehold Improvements	8.23	8.06	7.21	5.16	5.54	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q