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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 Overview

Current Ratio
64.75%
Quick Ratio
44.20%
Cash Ratio
2.54%
Debt to Asset Ratio
79.18%
Unit: Dollar
Assets Breakdown
    • Pledged deposits
    • Accumulated depreciation
    • Construction in progress
    • Others
Liabilities Breakdown
    • Total current liabilities
    • Total shareholders equity
    • Deferred government grants, non-...
    • Others

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
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Pledged deposits$89,257,922 Inventories$75,673,735 Trade and billsreceivable, net$46,499,152 Prepayments and otherreceivables$16,863,416 Cash and cashequivalents$9,338,921 Income tax recoverable$790,171 Receivables from formersubsidiary$2,459 Property, plant andequipment, gross$260,137,166 Intangible assets, gross$1,939,666 Total current assets$238,425,776 Property, plant andequipment, net$188,221,344 Construction in progress$29,689,789 Deposit paid foracquisition of long-term...$16,751,291 Prepaid land use rights$12,405,935 Operating leaseright-of-use assets, net$2,920,127 Long-term investments,net$2,522,973 Intangible assets, net$68,309 Accumulated depreciation$54,697,005 Impairment$17,218,817 Accumulated amortization$1,871,357 Total assets$491,005,544 Total liabilities andshareholders equity$491,005,544 Total liabilities$388,796,772 Total equity$102,208,772 Non-controlling interests-$2,952,187 Total currentliabilities$368,202,860 Deferred governmentgrants, non-current$10,201,984 Long-term bank borrowings$7,652,360 Operating leaseliability, non-current$2,228,986 Product warrantyprovisions$413,301 Finance leaseliability, non-current$97,281 Total shareholdersequity$105,160,959 Accumulated deficit-$143,083,312 Accumulated othercomprehensive loss-$11,342,954 Trade and billspayable$203,021,449 Accrued expenses andother payables$122,673,008 Short-term bank borrowings$37,386,698 Finance leaseliability, current$2,124,717 Operating leaseliability, current$1,178,848 Deferred governmentgrants, current$587,312 Product warrantyprovisions$482,978 Payable to a formersubsidiary, net$402,708 Other short-termloans$337,715 Income tax payable$7,427 Additional paid-in capital$248,500,619 Donated shares$7,955,358 Statutory reserves$3,042,602 Common stock 0.001 parvalue 500,000,000...$88,646

CBAK Energy Technology, Inc. (CBAT)

CBAK Energy Technology, Inc. (CBAT)