CBAK Energy Technology Inc (CBAT)
NASDAQ:CBAT
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CBAK Energy Technology (CBAT) AI Stock Analysis

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CBAT

CBAK Energy Technology

(NASDAQ:CBAT)

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Neutral 50 (OpenAI - 4o)
Rating:50Neutral
Price Target:
$1.00
▲(6.38% Upside)
CBAK Energy Technology's overall stock score reflects a mixed financial performance with significant profitability and cash flow challenges. While the earnings call showed strong revenue growth and recovery in key segments, technical indicators suggest a bearish trend, and valuation metrics are unattractive. The company's expansion plans and new production lines offer potential growth opportunities, but uncertainties remain.

CBAK Energy Technology (CBAT) vs. SPDR S&P 500 ETF (SPY)

CBAK Energy Technology Business Overview & Revenue Model

Company DescriptionCBAK Energy Technology (CBAT) is a leading provider of advanced lithium battery solutions primarily focused on the electric vehicle (EV) and energy storage sectors. The company specializes in the research, development, and manufacturing of high-performance lithium batteries and energy storage systems, catering to a growing demand for sustainable energy solutions. With a commitment to innovation, CBAK is positioned to address the evolving needs of the EV market and other applications requiring efficient energy storage.
How the Company Makes MoneyCBAK Energy Technology generates revenue primarily through the sale of its lithium battery products and energy storage systems. The company has established key revenue streams from partnerships with automotive manufacturers and other industries that require high-capacity battery solutions. Additionally, CBAK benefits from government incentives and subsidies for clean energy technologies, which can enhance profitability. The growing demand for electric vehicles and renewable energy storage solutions further contributes to the company's earnings potential, as CBAK continues to expand its product offerings and market reach.

CBAK Energy Technology Earnings Call Summary

Earnings Call Date:Nov 10, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Apr 15, 2026
Earnings Call Sentiment Positive
The earnings call highlighted strong revenue growth and recovery in key segments, notably Hitrans and the battery business, along with significant income improvements. However, challenges related to product portfolio upgrades and uncertainties in overseas expansion plans were noted.
Q3-2025 Updates
Positive Updates
Revenue Growth
Consolidated revenue increased by 36.5% year-over-year to $50.9 million, driven by a recovery in the Hitrans battery raw material segment.
Hitrans Segment Recovery
Hitrans generated approximately $27.2 million in revenue, representing a 143.7% increase year-over-year, with net loss narrowing by 18.8%.
Battery Business Stabilization
Revenue in the battery segment grew 0.7% year-over-year after a short-term decline, with a strong demand for the Model 32140 battery.
New Production Lines
New product line launched at Dalian facility for Model 40135 battery, with an additional 2.3-gigawatt-hour capacity, expected to drive growth in 2026.
Significant Income Increase
Consolidated net income attributable to CBAK Energy shareholders reached $2.65 million, representing a 150-fold increase year-over-year.
Negative Updates
Product Portfolio Upgrade Challenges
The battery business experienced a short-term volume decline due to the ongoing product portfolio upgrade.
Overseas Expansion Uncertainty
Progress on overseas manufacturing expansion is contingent on updates to China's export control policies, affecting timelines.
Company Guidance
During the third quarter of 2025, CBAK Energy Technology reported a significant 36.5% year-over-year increase in consolidated revenue, reaching $50.9 million, driven largely by the recovery of their battery raw material segment, Hitrans, which saw a 143.7% year-over-year revenue increase to $27.2 million. Hitrans narrowed its net loss to $2.1 million, an 18.8% improvement from the previous year, and is on track to return to profitability. The battery business stabilized with a marginal 0.7% revenue growth, while segment net income rose sharply by 122.7% to $4.53 million. The company is expanding its production capacity, with the Nanjing Phase II facility set to add 2 gigawatt-hours and a new product line in Dalian adding 2.3 gigawatt-hours, both expected to drive future growth. The consolidated net income attributable to CBAK Energy shareholders saw a remarkable 150-fold increase year-over-year to $2.65 million. The company is also pursuing overseas expansion, contingent on China's export control policies, and has signed a term sheet with a major Asian company to develop an overseas lithium battery production base.

CBAK Energy Technology Financial Statement Overview

Summary
CBAK Energy Technology shows some revenue growth but faces significant profitability challenges with negative margins and cash flow issues. The balance sheet is stable, but operational efficiency and cash flow management need improvement.
Income Statement
45
Neutral
CBAK Energy Technology's income statement shows a mixed performance. The TTM data indicates a positive revenue growth rate of 11.2%, suggesting some recovery. However, the company struggles with profitability, as evidenced by negative EBIT and EBITDA margins. The gross profit margin is relatively low at 8.01%, and the net profit margin is negative, indicating challenges in cost management and operational efficiency.
Balance Sheet
55
Neutral
The balance sheet presents a moderate financial position. The debt-to-equity ratio is manageable at 0.27, indicating a reasonable level of leverage. However, the return on equity is low at 8.68%, reflecting limited profitability from shareholder investments. The equity ratio is stable, suggesting a balanced asset structure.
Cash Flow
40
Negative
Cash flow analysis reveals significant challenges. The free cash flow growth rate is negative, and the free cash flow to net income ratio is concerning at -0.43, indicating cash flow issues. The operating cash flow to net income ratio is low, suggesting difficulties in converting income into cash.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue161.76M176.61M204.44M248.73M52.67M37.57M
Gross Profit17.45M41.78M31.72M18.10M5.11M2.71M
EBITDA-84.29K18.79M11.44M4.27M-8.44M-3.75M
Net Income-6.51M11.79M-2.45M-9.45M61.49M-7.81M
Balance Sheet
Total Assets363.86B302.42M281.16M244.03M262.62M142.77M
Cash, Cash Equivalents and Short-Term Investments10.48B10.96M4.75M6.52M8.15M11.92M
Total Debt33.23B31.25M35.74M17.62M15.17M14.99M
Total Liabilities245.41B182.15M167.70M119.65M121.73M90.36M
Stockholders Equity121.41B121.67M112.82M117.50M133.29M52.40M
Cash Flow
Free Cash Flow-8.25M22.52M15.37M2.74M-23.48M-10.81M
Operating Cash Flow28.37M39.70M46.51M15.11M-4.27M-5.10M
Investing Cash Flow-32.37M-23.43M-42.31M-7.93M-38.08M-5.71M
Financing Cash Flow19.98M-11.69M18.62M5.61M48.27M25.83M

CBAK Energy Technology Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.94
Price Trends
50DMA
0.93
Negative
100DMA
0.98
Negative
200DMA
0.93
Negative
Market Momentum
MACD
-0.01
Positive
RSI
45.36
Neutral
STOCH
70.63
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 0.94 is below the 20-day moving average (MA) of 0.94, above the 50-day MA of 0.93, and above the 200-day MA of 0.93, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 45.36 is Neutral, neither overbought nor oversold. The STOCH value of 70.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CBAT.

CBAK Energy Technology Risk Analysis

CBAK Energy Technology disclosed 55 risk factors in its most recent earnings report. CBAK Energy Technology reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

CBAK Energy Technology Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
82
Outperform
$109.93M12.4517.68%2.59%13.46%34.71%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
56
Neutral
$103.86M29.572.35%5.86%-68.66%
52
Neutral
$75.26M-0.98%22.60%95.36%
50
Neutral
$78.94M-8.75-5.16%-22.02%-156.65%
48
Neutral
$105.65M4.80%16.72%
42
Neutral
$39.90M-5.939.22%20.66%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CBAT
CBAK Energy Technology
0.90
-0.03
-3.23%
ESP
Espey Mfg & Electronics
37.75
8.17
27.62%
RFIL
RF Industries
6.62
2.68
68.02%
ULBI
Ultralife
5.76
-1.99
-25.68%
FLUX
Flux Power Holdings
2.37
-0.03
-1.25%
DFLI
Dragonfly Energy Holdings Corp
0.87
-3.73
-81.09%

CBAK Energy Technology Corporate Events

CBAK Energy Reports Strong Q3 Recovery Amid Product Transition
Nov 11, 2025

CBAK Energy Technology, Inc. is a prominent Chinese company specializing in the development, manufacturing, and sales of high-power lithium and sodium batteries, as well as raw materials for these batteries, serving sectors such as electric vehicles and energy storage.

CBAK Energy’s Earnings Call Highlights Robust Growth
Nov 11, 2025

CBAK Energy Technology’s latest earnings call conveyed a generally positive sentiment, underscored by robust revenue growth and recovery in key segments such as Hitrans and the battery business. The company reported significant improvements in income, although it acknowledged challenges related to product portfolio upgrades and uncertainties in its overseas expansion plans.

Delistings and Listing ChangesRegulatory Filings and Compliance
CBAK Energy Faces Nasdaq Non-Compliance Notice
Negative
Oct 2, 2025

On October 1, 2025, CBAK Energy Technology received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share, as the company’s stock price had fallen below this threshold for 30 consecutive business days. Although the notice does not immediately affect the company’s listing, CBAK has until March 30, 2026, to regain compliance, with the possibility of an additional 180-day grace period if needed, before facing potential delisting.

The most recent analyst rating on (CBAT) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on CBAK Energy Technology stock, see the CBAT Stock Forecast page.

CBAK Energy’s Earnings Call: Mixed Sentiment and Strategic Plans
Sep 1, 2025

CBAK Energy Technologies’ recent earnings call painted a mixed picture, reflecting both challenges and opportunities. The company faced declining net revenues and production delays, yet there are promising prospects with substantial revenue growth in the Hitrans segment and strategic expansion plans. The sentiment remains cautious, with future growth hinging on the successful transition to larger battery models and the completion of facility expansions.

CBAK Energy Faces Challenges Amid Strategic Transition
Aug 19, 2025

CBAK Energy Technology, Inc., a prominent Chinese company, specializes in the development, manufacturing, and sales of high-power lithium and sodium batteries, catering to electric vehicles, light electric vehicles, and energy storage applications. In its latest earnings report, CBAK Energy disclosed a challenging financial performance for the second quarter and first half of 2025, with a notable decline in net revenues and profitability compared to the same periods in 2024. The company reported a 15% decrease in net revenues for the second quarter, primarily due to a strategic transition in its product portfolio and ongoing upgrades at its Dalian facilities. Gross profit and net income also saw significant declines, with the battery business experiencing a 40.8% drop in net revenues year-over-year. Despite these setbacks, CBAK Energy is optimistic about its future, anticipating a recovery in the coming quarters as new battery models enter mass production and capacity expansions are completed. The management remains confident in the company’s strategic direction and its ability to secure agreements with global customers, positioning CBAK Energy for a potential rebound in production and sales.

CBAK Energy Technology Delays Form 10-Q Filing
Aug 11, 2025

CBAK Energy Technology, a company based in Dalian, China, has filed a Form 12b-25 to notify the delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The primary reason for the delay is the company’s inability to finalize its financial statements for the quarter, which could not be completed without unreasonable effort or expense. CBAK Energy Technology anticipates filing the Form 10-Q within the five-day grace period allowed under the Exchange Act Rule 12b-25. The company has indicated that there will be no significant changes in its financial results compared to the corresponding period of the previous fiscal year. The notification was signed by Jiewei Li, the Chief Financial Officer, on August 11, 2025, and the company is committed to maintaining compliance with filing requirements.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 11, 2025