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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.68	6.72	4.64	6.52	7.36	11.68
Short-Term Investments	40.14	4.32	0.11	0.04	0.08	0.02
Cash & Short-Term Investments	45.82	11.05	4.75	6.56	7.43	11.7
Cash Growth	3.73%	132.44%	-27.60%	-11.70%	-36.46%	597.98%
Accounts Receivable	34.66	32.66	28.44	32.93	52.96	29.81
Other Receivables	5.49	12.21	5.54	4.95	7.72	5.04
Receivables	40.15	44.87	33.98	37.88	60.68	36.21
Inventory	37.44	22.85	33.41	49.45	30.13	5.25
Prepaid Expenses	0.58	0.5	0.65	0.71	0.68	0.53
Other Current Assets	19.46	62.13	55.63	31.11	23.91	9.48
Total Current Assets	143.45	141.4	128.42	125.71	122.84	63.17
Property, Plant & Equipment	171	142.33	142.22	113.58	133.15	78.73
Long-Term Investments	2.32	2.25	2.57	0.95	0.71	-
Goodwill	-	-	-	-	1.65	-
Other Intangible Assets	0.15	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	16.16	15.86	7.1	-	0.06	-
Total Assets	333.09	302.22	281.16	244.03	262.62	142.77
Accounts Payable	102.22	97.13	82.84	67.85	65.7	28.98
Accrued Expenses	8.67	8.31	5.5	5.44	7.09	4.12
Short-Term Debt	34.22	26.49	32.99	15.6	13.49	1.25
Current Portion of Long-Term Debt	-	-	-	-	-	13.74
Current Portion of Leases	1.23	1.27	2.34	1.42	0.8	-
Current Income Taxes Payable	1.02	1.18	0.78	-	-	-
Current Unearned Revenue	19.5	12.24	4.03	6.93	6.04	0.55
Other Current Liabilities	32.56	25.08	32.02	14.7	19.65	25.07
Total Current Liabilities	199.41	171.7	160.5	111.93	112.77	73.71
Long-Term Debt	4.87	-	-	-	-	-
Long-Term Leases	2.25	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	0.45	0.42	0.52	0.45	1.9	9.35
Total Liabilities	217.25	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	261.99	261.94	261.57	260.34	256.05	239.38
Retained Earnings	-126.03	-121.38	-133.17	-130.72	-121.27	-182.75
Treasury Stock	-5.3	-4.07	-4.07	-4.07	-4.07	-4.07
Comprehensive Income & Other	-12.54	-14.92	-11.6	-8.15	2.49	-0.24
Total Common Equity	118.21	121.67	112.82	117.5	133.29	52.4
Minority Interest	-2.37	-1.61	0.63	6.88	7.59	0.01
Shareholders' Equity	115.84	120.07	113.46	124.38	140.88	52.41
Total Liabilities & Equity	333.09	302.22	281.16	244.03	262.62	142.77
Total Debt	42.57	30.21	35.8	17.62	15.17	14.99
Net Cash (Debt)	3.25	-19.17	-31.05	-11.06	-7.74	-3.29
Net Cash Per Share	0.04	-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	88.87	89.94	89.92	88.99	88.71	79.17
Working Capital	-55.97	-30.3	-32.07	13.77	10.07	-10.54
Book Value Per Share	1.33	1.35	1.25	1.32	1.50	0.66
Tangible Book Value	118.06	121.29	111.98	116.19	129.68	52.39
Tangible Book Value Per Share	1.33	1.35	1.25	1.31	1.46	0.66
Buildings	45.46	44.59	45.84	47.09	48.42	28.15
Machinery	87.11	87.31	86.34	73.72	60.59	33.21
Construction In Progress	71.64	42.53	37.8	9.95	27.34	30.19
Leasehold Improvements	8.35	8.06	7.21	5.16	5.54	-

Updated Aug 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q