For the year ending 2025-12-31, CBAT had $14,891,260 increase in cash & cash equivalents over the period. $3,901,836 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Depreciation and amortization | 9,503,305 |
| Allowance for expected credit losses | -210,177 |
| Write-down of inventories | 6,607,039 |
| Share-based compensation | 76,804 |
| Loss on disposal of property, plant and equipment | -53,434 |
| Change in fair value of derivatives instruments | 200,068 |
| Share of loss (income) of an equity investee | 145,097 |
| Amortization of operating lease right-of-use assets | 1,072,492 |
| Trade and bills receivable | 3,899,151 |
| Inventories | 33,886,698 |
| Prepayments and other receivables | -5,402,245 |
| Trade and bills payable | 63,655,464 |
| Accrued expenses and other payables and product warranty provisions | 11,055,969 |
| Lease liabilities | 197,097 |
| Trade receivable from and payables to a former subsidiary | -8,305 |
| Income tax recoverable | 184,685 |
| Net income (loss) | -10,951,935 |
| Gain on disposal of an equity investee | 0 |
| Impairment charge on long-lived assets | 0 |
| Net cash provided by operating activities | 48,554,479 |
| Purchases of property, plant and equipment and construction in progress | 44,652,643 |
| Proceeds on disposal of property, plant and equipment | 149,201 |
| Cash paid for acquiring equity interest of a subsidiary without change of control | 2,931,471 |
| Government subsidy | -2,819,721 |
| Acquisition of land use right | 1,099,537 |
| Deposit paid for acquisition of long-term investment | 0 |
| Proceeds from disposal of an equity method investee | 0 |
| Net cash used in investing activities | -45,714,729 |
| Proceeds from bank borrowings | 51,177,399 |
| Repayment of bank borrowings | 45,794,934 |
| Principal payments on finance leases | 116,857 |
| Repurchase of common stock | 1,500,231 |
| Placement of term deposits | 39,200,279 |
| Withdrawal of term deposits | -43,439,398 |
| Repayment of borrowings from shareholders | 0 |
| Proceeds from finance leases | 0 |
| Net cash (used in) provided by financing activities | 8,004,496 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 4,047,014 |
| Net increase in cash and cash equivalents and restricted cash | 14,891,260 |
| Cash and cash equivalents and restricted cash at the beginning of year | 60,786,002 |
| Cash and cash equivalents and restricted cash at the end of year | 75,677,262 |
CBAK Energy Technology, Inc. (CBAT)
CBAK Energy Technology, Inc. (CBAT)