For the quarter ending 2026-03-31, CBAT had $22,919,581 increase in cash & cash equivalents over the period. $10,500,309 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Income tax recoverable | - | 834 | 183,851 | 0 |
| Net loss | -8,962,290 | -7,623,103 | 2,082,548 | -5,411,380 |
| Gain on disposal of an equity investee | - | 0 | - | 0 |
| Depreciation and amortization | 3,426,644 | 4,032,818 | 1,248,434 | 4,222,053 |
| Allowance for credit losses | 48,817 | -70,143 | -157,510 | 17,476 |
| Write-down of inventories | 2,592,622 | 2,859,752 | 1,167,549 | 2,579,738 |
| Share-based compensation | 443 | 12,992 | 13,923 | 49,889 |
| Share of loss (income) of an equity investee | - | 111,295 | 147 | 33,655 |
| Amortization of operating lease right-of-use assets | 254,310 | 299,556 | 285,647 | 487,289 |
| Change in fair value of financial derivatives | 1,128,941 | 200,068 | - | - |
| Loss on disposal of property, plant and equipment | -205,945 | 19,702 | -44,143 | -28,993 |
| Trade and bills receivable | 7,550,444 | -9,869,959 | 12,598,185 | 1,170,925 |
| Inventories | 26,753,382 | 18,305,319 | -1,835,045 | 17,416,424 |
| Prepayments and other receivables | 1,043,933 | 3,514,465 | 1,944,512 | -10,861,222 |
| Trade and bills payable | 47,272,981 | 32,508,121 | 19,979,232 | 11,168,111 |
| Accrued expenses and other payables and product warranty provisions | 11,807,100 | 8,557,318 | 2,993,954 | -495,303 |
| Lease liabilities | -145,066 | 1,114,170 | -167,784 | -749,289 |
| Impairment charge on long-lived assets | - | 0 | - | - |
| Trade receivable from and payables to a former subsidiary | -1,992 | 2,262 | -998 | -9,569 |
| Net cash (used in) provided by operating activities | 22,284,680 | 29,807,631 | 14,599,484 | 4,147,364 |
| Proceeds on disposal of property, plant and equipment | - | 674 | 148,527 | 0 |
| Cash paid for acquiring equity interest of a subsidiary without change of control | - | 2,931,471 | - | - |
| Government subsidy | - | -12,730 | -12,231 | -2,794,760 |
| Acquisition of land use right | - | 4,966 | 4,769 | 1,089,802 |
| Deposit paid for acquisition of long-term investment | - | 0 | - | 0 |
| Proceeds from disposal of an equity method investee | - | 0 | - | 0 |
| Purchases of property, plant and equipment and construction in progress | 11,784,371 | 13,737,254 | 8,596,360 | 22,319,029 |
| Net cash used in investing activities | -11,784,371 | -16,660,287 | -8,440,371 | -20,614,071 |
| Repayment of bank borrowings | - | 7,263,281 | 19,820,864 | 18,710,789 |
| Proceeds from bank borrowings | 23,251,835 | 5,342,556 | 15,097,111 | 30,737,732 |
| Repurchase of common stock | - | 0 | 263,111 | 1,237,120 |
| Placement of term deposits | - | 0 | 170,801 | 39,029,478 |
| Withdrawal of term deposits | - | 160,574 | -39,934,424 | -3,665,548 |
| Repayment of bank borrowings | 11,379,607 | 0 | - | - |
| Proceeds from finance leases | - | 0 | - | 0 |
| Principal payments on finance leases | 558,210 | 116,857 | - | 0 |
| Net cash provided by financing activities | 11,314,018 | -2,198,156 | 34,776,759 | -24,574,107 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 1,105,254 | 1,379,403 | 960,577 | 1,707,034 |
| Net (decrease) increase in cash and cash equivalents and restricted cash | 22,919,581 | 12,328,591 | 41,896,449 | -39,333,780 |
| Cash and cash equivalents and restricted cash at the beginning of period | 75,677,262 | 63,348,671 | 60,786,002 | - |
| Cash and cash equivalents and restricted cash at the end of period | 98,596,843 | 75,677,262 | 63,348,671 | - |
CBAK Energy Technology, Inc. (CBAT)
CBAK Energy Technology, Inc. (CBAT)