For the quarter ending 2026-03-31, CBAT has $491,005,544 in assets. $388,796,772 in debts. $9,338,921 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 9,338,921 | 8,301,149 | 10,476,254 | 5,679,756 |
| Pledged deposits | 89,257,922 | 67,376,113 | 52,872,417 | 15,772,466 |
| Trade and bills receivable, net | 46,499,152 | 38,405,398 | 47,798,445 | 34,655,174 |
| Inventories | 75,673,735 | 50,602,287 | 34,487,742 | 37,443,143 |
| Term deposits | - | - | - | 40,054,842 |
| Prepayments and other receivables | 16,863,416 | 15,170,915 | 11,289,446 | 9,359,355 |
| Receivables from former subsidiary | 2,459 | 4,389 | 1,994 | 2,945 |
| Income tax recoverable | 790,171 | 778,460 | 767,112 | 480,234 |
| Total current assets | 238,425,776 | 180,638,711 | 157,693,410 | 143,447,915 |
| Property, plant and equipment, gross | 260,137,166 | 246,269,244 | 145,893,529 | - |
| Impairment | 17,218,817 | 17,375,954 | 17,142,885 | - |
| Accumulated depreciation | 54,697,005 | 49,834,489 | 45,911,814 | - |
| Property, plant and equipment, net | 188,221,344 | 179,058,801 | 82,838,830 | 83,891,222 |
| Construction in progress | 29,689,789 | 32,046,421 | 89,458,297 | 71,635,858 |
| Long-term investments, net | 2,522,973 | 2,485,580 | 2,337,150 | 2,323,089 |
| Prepaid land use rights | 12,405,935 | 12,308,864 | 12,214,974 | 12,226,229 |
| Intangible assets, gross | 1,939,666 | 1,910,918 | 1,883,062 | - |
| Accumulated amortization | 1,871,357 | 1,839,264 | 1,808,160 | - |
| Intangible assets, net | 68,309 | 71,654 | 74,902 | 154,251 |
| Deposit paid for acquisition of long-term investments | 16,751,291 | 16,503,014 | 16,262,446 | 16,164,605 |
| Operating lease right-of-use assets, net | 2,920,127 | 3,068,591 | 2,983,055 | 3,251,097 |
| Total assets | 491,005,544 | 426,181,636 | 363,863,064 | 333,094,266 |
| Trade and bills payable | 203,021,449 | 153,345,745 | 118,436,255 | 97,634,483 |
| Short-term bank borrowings | 37,386,698 | 28,532,938 | 29,569,757 | 33,885,284 |
| Other short-term loans | 337,715 | 337,156 | 336,612 | 336,391 |
| Accrued expenses and other payables | 122,673,008 | 113,651,948 | 77,306,488 | 65,324,757 |
| Payable to a former subsidiary, net | 402,708 | 407,506 | 412,155 | 414,046 |
| Deferred government grants, current | 587,312 | 578,606 | 570,172 | 566,742 |
| Product warranty provisions | 482,978 | 339,136 | 23,453 | 23,312 |
| Operating lease liability, current | 1,178,848 | 1,347,803 | 1,347,803 | 1,229,323 |
| Finance lease liability, current | 2,124,717 | 1,307,170 | - | - |
| Income tax payable | 7,427 | - | - | - |
| Total current liabilities | 368,202,860 | 299,848,008 | 228,002,695 | 199,414,338 |
| Long-term bank borrowings | 7,652,360 | 4,118,628 | 4,760,768 | 4,871,716 |
| Deferred government grants, non-current | 10,201,984 | 10,195,428 | 10,189,350 | 10,269,732 |
| Product warranty provisions | 413,301 | 446,553 | 473,224 | 449,122 |
| Operating lease liability, non-current | 2,228,986 | 2,093,428 | 1,980,733 | 2,245,219 |
| Finance lease liability, non-current | 97,281 | - | - | - |
| Total liabilities | 388,796,772 | 316,702,045 | 245,406,770 | 217,250,126 |
| Common stock 0.001 par value 500,000,000 authorized 88,645,836 issued and outstanding as of december 31, 2025 and march 31, 2026 | 88,646 | 88,646 | 88,646 | 90,099 |
| Donated shares | 7,955,358 | 7,955,358 | 7,955,358 | 14,101,689 |
| Additional paid-in capital | 248,500,619 | 248,500,176 | 248,487,184 | 247,892,318 |
| Statutory reserves | 3,042,602 | 3,042,602 | 3,042,602 | 3,042,602 |
| Accumulated deficit | -143,083,312 | -133,795,940 | -126,419,516 | -129,070,019 |
| Accumulated other comprehensive loss | -11,342,954 | -13,112,769 | -11,745,017 | -12,542,048 |
| Stockholders' equity (deficit) before treasury stock | - | 112,678,073 | 121,409,257 | 123,514,641 |
| Less treasury shares | - | - | - | 5,303,730 |
| Total shareholders equity | 105,160,959 | 112,678,073 | 121,409,257 | 118,210,911 |
| Non-controlling interests | -2,952,187 | -3,198,482 | -2,952,963 | -2,366,772 |
| Total equity | 102,208,772 | 109,479,591 | 118,456,294 | 115,844,139 |
| Total liabilities and shareholders equity | 491,005,544 | 426,181,636 | 363,863,064 | 333,094,266 |
CBAK Energy Technology, Inc. (CBAT)
CBAK Energy Technology, Inc. (CBAT)