For the quarter ending 2025-09-30, CBAT has $363,863,064 in assets. $245,406,770 in debts. $10,476,254 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 10,476,254 | 5,679,756 | ||
| Pledged deposits | 52,872,417 | 15,772,466 | ||
| Trade and bills receivable, net | 47,798,445 | 34,655,174 | ||
| Inventories | 34,487,742 | 37,443,143 | ||
| Term deposits | - | 40,054,842 | ||
| Prepayments and other receivables | 11,289,446 | 9,359,355 | ||
| Receivables from former subsidiary | 1,994 | 2,945 | ||
| Income tax recoverable | 767,112 | 480,234 | ||
| Total current assets | 157,693,410 | 143,447,915 | ||
| Property, plant and equipment, gross | 145,893,529 | - | ||
| Impairment | 17,142,885 | - | ||
| Accumulated depreciation | 45,911,814 | - | ||
| Property, plant and equipment, net | 82,838,830 | 83,891,222 | ||
| Construction in progress | 89,458,297 | 71,635,858 | ||
| Long-term investments, net | 2,337,150 | 2,323,089 | ||
| Prepaid land use rights | 12,214,974 | 12,226,229 | ||
| Intangible assets, gross | 1,883,062 | - | ||
| Accumulated amortization | 1,808,160 | - | ||
| Intangible assets, net | 74,902 | 154,251 | ||
| Deposit paid for acquisition of long-term investments | 16,262,446 | 16,164,605 | ||
| Operating lease right-of-use assets, net | 2,983,055 | 3,251,097 | ||
| Total assets | 363,863,064 | 333,094,266 | ||
| Trade and bills payable | 118,436,255 | 97,634,483 | ||
| Short-term bank borrowings | 29,569,757 | 33,885,284 | ||
| Other short-term loans | 336,612 | 336,391 | ||
| Accrued expenses and other payables | 77,306,488 | 65,324,757 | ||
| Payable to a former subsidiary, net | 412,155 | 414,046 | ||
| Deferred government grants, current | 570,172 | 566,742 | ||
| Product warranty provisions | 23,453 | 23,312 | ||
| Operating lease liability, current | 1,347,803 | 1,229,323 | ||
| Total current liabilities | 228,002,695 | 199,414,338 | ||
| Long-term bank borrowings | 4,760,768 | 4,871,716 | ||
| Deferred government grants, non-current | 10,189,350 | 10,269,732 | ||
| Product warranty provisions | 473,224 | 449,122 | ||
| Operating lease liability, non-current | 1,980,733 | 2,245,219 | ||
| Total liabilities | 245,406,770 | 217,250,126 | ||
| Common stock 0.001 par value 500,000,000 authorized 90,083,396 issued and 89,939,190 outstanding as of december 31, 2024 and 88,645,836 issued and outstanding as of september 30, 2025 | 88,646 | 90,099 | ||
| Donated shares | 7,955,358 | 14,101,689 | ||
| Additional paid-in capital | 248,487,184 | 247,892,318 | ||
| Statutory reserves | 3,042,602 | 3,042,602 | ||
| Accumulated deficit | -126,419,516 | -129,070,019 | ||
| Accumulated other comprehensive loss | -11,745,017 | -12,542,048 | ||
| Stockholders' equity (deficit) before treasury stock | 121,409,257 | 123,514,641 | ||
| Less treasury shares | - | 5,303,730 | ||
| Total shareholders equity | 121,409,257 | 118,210,911 | ||
| Non-controlling interests | -2,952,963 | -2,366,772 | ||
| Total equity | 118,456,294 | 115,844,139 | ||
| Total liabilities and shareholders equity | 363,863,064 | 333,094,266 | ||
CBAK Energy Technology, Inc. (CBAT)
CBAK Energy Technology, Inc. (CBAT)