CBAK Energy Technology (CBAT) AI Stock Analysis

• Market Cap: $90.39M
• Dividend Yield: N/A
• Average Volume (3M): 208.40K
• Price to Earnings (P/E): 246.0
• Beta (1Y): 0.60
• Revenue Growth: -30.85%
• EPS Growth: -95.67%
• Country: US
• Employees: 1,463
• Sector: Industrials
• Sector Strength: 93
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.02
• Shares Outstanding: 89,939,660
• 10 Day Avg. Volume: 196,095
• 30 Day Avg. Volume: 208,401
• PEG Ratio: -2.36
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 131.92
• Enterprise Value/Market Cap: 1.35
• Enterprise Value/Revenue: 0.16
• Enterprise Value/Gross Profit: 4.39
• Enterprise Value/Ebitda: 1.40
• 1Y Price Target: $1.00
• Price Target Upside: 2.04% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: $1.00 ▲(2.04%Upside)

CBAK Energy Technology's overall stock score of 51 reflects a combination of weak financial performance and high valuation concerns, offset by strategic growth initiatives and a positive corporate event. The company's profitability challenges and high P/E ratio weigh heavily on the score, while the stock repurchase program and expansion plans provide some optimism.

CBAK Energy Technology Business Overview & Revenue Model

Company Description

CBAK Energy Technology, Inc., together with its subsidiaries, develops, manufactures, and sells lithium batteries in Mainland China, the United States, Korea, Europe, and internationally. Its products are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles that include electric bicycles, electric motors, and sight-seeing cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools. The company was formerly known as China BAK Battery, Inc. and changed its name to CBAK Energy Technology, Inc. in January 2017. CBAK Energy Technology, Inc. was incorporated in 1999 and is based in Dalian, China.

How the Company Makes Money

CBAK Energy Technology generates revenue through the manufacture and sale of lithium-ion batteries and related products. The company's key revenue streams include supplying batteries for electric vehicles, energy storage systems, and consumer electronics. CBAK Energy partners with automotive manufacturers and other industrial players to integrate its battery solutions into their products, which is a significant contributor to its earnings. By leveraging advancements in battery technology, the company positions itself to capitalize on the growing demand for sustainable energy solutions across the globe.

CBAK Energy Technology Financial Statement Overview

Summary

CBAK Energy Technology shows a mixed financial performance with reasonable operational efficiency but challenges in profitability and revenue growth. The balance sheet indicates manageable leverage but low returns on equity. Strong cash generation provides stability, but overall financial performance needs improvement for long-term viability.

Income Statement

CBAK Energy Technology has shown fluctuations in its income statement over the years. The gross profit margin for the TTM (Trailing-Twelve-Months) is approximately 18.2%, indicating reasonable operational efficiency. However, the net profit margin is very low at 0.2%, reflecting challenges in controlling costs or generating sufficient revenue relative to expenses. The company has experienced a decline in revenue compared to the previous year, which poses a risk to its growth trajectory. Furthermore, negative EBIT margins in the TTM suggest difficulties in achieving profitability at the operating level.

Balance Sheet

The balance sheet presents a mixed picture. The debt-to-equity ratio stands at approximately 0.31, indicating a manageable level of leverage. However, the return on equity (ROE) is notably low at 0.31% for the TTM, suggesting limited efficiency in generating returns for shareholders. The equity ratio is about 38.8%, providing a moderate buffer against liabilities. While the company maintains a stable equity position, the low profitability metrics may impact long-term financial health.

Cash Flow

CBAK Energy Technology's cash flow statement reveals some positive aspects, despite overall profitability challenges. The operating cash flow to net income ratio is robust, indicating strong cash generation relative to reported profits. Despite a decline in free cash flow compared to the previous period, the company has been able to maintain positive operating cash flow. This suggests effective cash management practices, although the sustainability of these practices is uncertain given the company's overall financial performance.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	176.61M	204.44M	248.73M	52.67M	37.57M
Gross Profit	41.78M	31.72M	18.10M	5.11M	2.71M
EBITDA	20.59M	10.15M	3.44M	-8.36M	-3.08M
Net Income	11.79M	-2.45M	-11.33M	61.49M	-6.50M
Balance Sheet
Total Assets	302.42M	281.16M	244.03M	262.62M	142.77M
Cash, Cash Equivalents and Short-Term Investments	10.96M	4.75M	6.52M	8.15M	11.92M
Total Debt	30.14M	35.74M	17.62M	15.17M	14.99M
Total Liabilities	182.15M	167.70M	119.65M	121.73M	90.36M
Stockholders Equity	121.67M	112.82M	117.50M	133.29M	52.40M
Cash Flow
Free Cash Flow	22.52M	15.37M	2.74M	-23.48M	-10.81M
Operating Cash Flow	39.70M	46.51M	15.11M	-4.27M	-5.10M
Investing Cash Flow	-23.43M	-42.31M	-7.93M	-38.08M	-5.71M
Financing Cash Flow	-11.69M	18.62M	5.61M	48.27M	25.83M

CBAK Energy Technology Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.98
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CBAT, the sentiment is Negative. The current price of 0.98 is below the 20-day moving average (MA) of 1.08, below the 50-day MA of 1.06, and above the 200-day MA of 0.94, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 37.93 is Neutral, neither overbought nor oversold. The STOCH value of 27.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CBAT.

CBAK Energy Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ULBI	76 Outperform	$144.04M	27.23	3.99%	―	2.74%	-50.31%
Sector *	58 Neutral	HK$14.89B	4.69	-2.78%	5.83%	3.80%	-54.55%
CBAT	51 Neutral	$90.39M	246.00	0.31%	―	-30.85%	-95.67%
SKYX	44 Neutral	$114.40M	―	-395.45%	―	12.42%	23.63%
GWH	43 Neutral	$26.68M	―	-172.05%	―	-58.05%	-6.90%
SDST	26 Underperform	$38.90M	―	-860.70%	―	―	-12310.81%

CBAK Energy Technology Corporate Events

CBAK Energy Approves $20M Stock Repurchase Program

On May 20, 2025, CBAK Energy Technology‘s Board of Directors approved a stock repurchase program authorizing the buyback of up to $20 million of its common stock, set to conclude by May 20, 2026. This initiative aims to return value to shareholders and help the company regain compliance with Nasdaq’s minimum bid price requirement. The program reflects CBAK Energy’s confidence in its long-term value, supported by strong fundamentals such as high gross margins and a significant market share for its flagship product, the Model 32140 battery.

CBAK Energy Announces Board Changes Amid Leadership Shift

On May 20, 2025, CBAK Energy Technology, a company involved in the energy sector, announced the resignation of Mr. Yunfei Li as a member and Chairman of the Board, a role he held after stepping down as CEO in October 2024. His departure was for personal reasons and not due to any disagreements with the company. Concurrently, Mr. Jiewei Li, the Chief Financial Officer, was appointed as a new director, a move supported by Mr. Yunfei Li to ensure continued leadership and growth. The Board will operate without a designated Chairman until further notice.