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CBAK Energy Technology, Inc. (CBAT)

CBAK Energy Technology, Inc. (CBAT)

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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
    • Construction in progress
    • Deposit paid for acquisition of ...
    • 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, 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, 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 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 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