CBAK Energy Technology (CBAT) AI Stock Analysis

• Market Cap: $108.83M
• Dividend Yield: N/A
• Average Volume (3M): 245.17K
• Price to Earnings (P/E): 302.5
• Beta (1Y): 0.67
• Revenue Growth: -30.85%
• EPS Growth: -95.67%
• Country: US
• Employees: 1,463
• Sector: Industrials
• Sector Strength: 85
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.02
• Shares Outstanding: 89,939,660
• 10 Day Avg. Volume: 334,081
• 30 Day Avg. Volume: 245,170
• PEG Ratio: 0.07
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 32.11
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 0.12
• Enterprise Value/Gross Profit: 2.37
• Enterprise Value/Ebitda: 0.95
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 56 Neutral
• Price Target: $1.50 ▲(23.97%Upside)

CBAK Energy Technology's overall score reflects strong financial performance and strategic initiatives, yet is tempered by technical overbought conditions and valuation concerns. Significant revenue declines and a net loss reported in the earnings call also impact the score, despite promising expansion plans and a stock repurchase program.

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 primarily through the sale of its lithium battery products. The company targets multiple sectors, including transportation, consumer electronics, and renewable energy. Key revenue streams include sales to electric vehicle manufacturers, producers of electric bicycles, and companies involved in renewable energy storage. Additionally, CBAK Energy Technology benefits from strategic partnerships and collaborations with other companies in the industry, which help to expand its market reach and enhance its technological capabilities. The company's earnings are influenced by factors such as technological advancements, demand for electric vehicles, and the global shift towards sustainable energy solutions.

CBAK Energy Technology Financial Statement Overview

Summary

CBAK Energy Technology shows strong revenue growth and improved profitability. The balance sheet reflects prudent leverage with a stable equity position. However, historical volatility in margins and reliance on liabilities pose potential risks.

Income Statement

CBAK Energy Technology has shown a strong improvement in profitability metrics, with a significant increase in gross profit margin and a positive net income for the latest year. The company achieved a revenue growth rate of 86.40% from the previous year, indicating a robust upward trajectory. However, historical EBIT and EBITDA margins have been volatile, which could reflect operational inefficiencies or market pressures.

Balance Sheet

The company's balance sheet reflects a stable equity position with a debt-to-equity ratio of 0.25, indicating prudent leverage. The return on equity stands at 9.69%, which shows effective utilization of equity. However, the equity ratio of 40.25% suggests moderate reliance on liabilities, which poses potential risks in a highly volatile market.

Cash Flow

CBAK Energy Technology demonstrates strong cash flow management with a substantial free cash flow growth rate of 46.52%. The operating cash flow to net income ratio is robust, suggesting efficient conversion of earnings into cash flow. Although historical free cash flow to net income ratios have experienced fluctuations, the recent positive trends are promising.

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
	EBIT
9.26M	-181.58K	-11.50M	-11.71M	-4.13M
	EBITDA
20.59M	10.15M	3.44M	-8.36M	-3.08M
	Net Income Common Stockholders
11.79M	-2.45M	-11.33M	61.49M	-6.50M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
10.96M	4.75M	6.52M	8.15M	11.92M
	Total Assets
302.42M	281.16M	244.03M	262.62M	142.77M
	Total Debt
30.14M	35.74M	17.62M	15.17M	14.99M
	Net Debt
23.42M	31.10M	11.10M	7.81M	3.31M
	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: Positive
• Last Price: 1.21
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CBAT, the sentiment is Positive. The current price of 1.21 is above the 20-day moving average (MA) of 0.99, above the 50-day MA of 0.85, and above the 200-day MA of 0.93, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 76.29 is Negative, neither overbought nor oversold. The STOCH value of 88.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$128.74M	24.56	3.99%	―	2.74%	-50.31%
Sector *	66 Neutral	$4.47B	12.21	5.40%	3.65%	4.14%	-12.00%
CBAT	56 Neutral	$108.83M	302.50	0.31%	―	-30.85%	-95.67%
SKYX	47 Neutral	$129.37M	―	-395.45%	―	12.42%	23.63%
GWH	39 Underperform	$12.83M	―	-172.05%	―	-58.05%	-6.90%
SDST	26 Underperform	$32.66M	―	-860.70%	―	―	-12310.81%
NEOV		$99.30M	―	-91.79%	―	―	―

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.