CBAK Energy Technology Inc
NASDAQ:CBAT
Income Statement
Earnings Waterfall
CBAK Energy Technology Inc
Revenue
|
204.4m
USD
|
Cost of Revenue
|
-169.2m
USD
|
Gross Profit
|
35.3m
USD
|
Operating Expenses
|
-31.9m
USD
|
Operating Income
|
3.4m
USD
|
Other Expenses
|
-5.8m
USD
|
Net Income
|
-2.4m
USD
|
Income Statement
CBAK Energy Technology Inc
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
186
N/A
|
164
-12%
|
153
-7%
|
155
+2%
|
123
-21%
|
85
-31%
|
55
-35%
|
10
-83%
|
14
+45%
|
16
+17%
|
16
+1%
|
15
-7%
|
10
-32%
|
5
-48%
|
10
+92%
|
28
+168%
|
58
+110%
|
58
-1%
|
58
-1%
|
46
-21%
|
24
-46%
|
26
+8%
|
25
-7%
|
27
+10%
|
22
-18%
|
24
+8%
|
24
+1%
|
27
+10%
|
38
+40%
|
40
+7%
|
41
+3%
|
40
-3%
|
53
+31%
|
123
+134%
|
174
+41%
|
222
+28%
|
249
+12%
|
211
-15%
|
197
-7%
|
203
+3%
|
204
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(202)
|
(173)
|
(156)
|
(152)
|
(114)
|
(78)
|
(50)
|
(9)
|
(13)
|
(16)
|
(17)
|
(16)
|
(12)
|
(7)
|
(13)
|
(31)
|
(69)
|
(68)
|
(67)
|
(56)
|
(28)
|
(29)
|
(27)
|
(27)
|
(21)
|
(22)
|
(22)
|
(24)
|
(33)
|
(34)
|
(35)
|
(34)
|
(47)
|
(114)
|
(159)
|
(205)
|
(229)
|
(193)
|
(181)
|
(177)
|
(169)
|
|
Gross Profit |
(17)
N/A
|
(9)
+47%
|
(3)
+68%
|
3
N/A
|
10
+230%
|
7
-24%
|
5
-30%
|
1
-79%
|
1
-16%
|
0
-57%
|
(0)
N/A
|
(1)
-1 300%
|
(2)
-102%
|
(2)
-11%
|
(3)
-50%
|
(3)
-16%
|
(10)
-212%
|
(10)
+1%
|
(10)
+4%
|
(10)
-5%
|
(3)
+68%
|
(3)
+4%
|
(2)
+26%
|
0
N/A
|
1
+833%
|
1
+5%
|
2
+24%
|
3
+54%
|
4
+49%
|
6
+34%
|
7
+19%
|
7
-3%
|
6
-8%
|
10
+61%
|
14
+50%
|
17
+16%
|
20
+18%
|
18
-9%
|
16
-9%
|
25
+55%
|
35
+39%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(22)
|
(76)
|
(69)
|
(71)
|
(20)
|
(15)
|
(10)
|
(3)
|
(5)
|
(6)
|
(7)
|
(8)
|
(10)
|
(8)
|
(8)
|
(7)
|
(10)
|
(11)
|
(12)
|
(11)
|
(9)
|
(10)
|
(10)
|
(10)
|
(8)
|
(8)
|
(7)
|
(6)
|
(7)
|
(7)
|
(9)
|
(13)
|
(17)
|
(22)
|
(23)
|
(24)
|
(23)
|
(22)
|
(25)
|
(27)
|
(32)
|
|
Selling, General & Administrative |
(13)
|
(5)
|
(11)
|
(16)
|
(14)
|
(13)
|
(8)
|
(2)
|
(4)
|
(4)
|
(5)
|
(6)
|
(9)
|
(7)
|
(7)
|
(5)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(7)
|
(9)
|
(12)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(14)
|
(16)
|
(20)
|
|
Research & Development |
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(8)
|
(9)
|
(10)
|
(11)
|
(10)
|
(10)
|
(11)
|
(12)
|
|
Depreciation & Amortization |
(4)
|
(4)
|
0
|
0
|
(3)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(63)
|
(54)
|
(50)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(38)
N/A
|
(85)
-122%
|
(72)
+15%
|
(68)
+6%
|
(11)
+84%
|
(8)
+24%
|
(4)
+46%
|
(2)
+55%
|
(4)
-81%
|
(6)
-56%
|
(7)
-30%
|
(9)
-23%
|
(12)
-35%
|
(10)
+16%
|
(11)
-7%
|
(10)
+9%
|
(20)
-104%
|
(22)
-7%
|
(21)
+2%
|
(21)
+0%
|
(13)
+41%
|
(14)
-9%
|
(12)
+9%
|
(10)
+21%
|
(7)
+28%
|
(7)
+3%
|
(6)
+18%
|
(3)
+39%
|
(3)
+21%
|
(1)
+66%
|
(3)
-190%
|
(6)
-131%
|
(11)
-75%
|
(12)
-11%
|
(9)
+27%
|
(7)
+19%
|
(4)
+51%
|
(4)
-27%
|
(8)
-86%
|
(1)
+85%
|
3
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(12)
|
(13)
|
(18)
|
(20)
|
(17)
|
(13)
|
(6)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
1
|
30
|
36
|
59
|
63
|
36
|
32
|
10
|
6
|
5
|
3
|
1
|
1
|
|
Non-Reccuring Items |
(63)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
(6)
|
(6)
|
(6)
|
(6)
|
(2)
|
(2)
|
(1)
|
(1)
|
(8)
|
(9)
|
(9)
|
(9)
|
(13)
|
|
Total Other Income |
2
|
10
|
6
|
5
|
1
|
24
|
23
|
23
|
23
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
12
|
12
|
12
|
12
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
4
|
3
|
2
|
1
|
(7)
|
(7)
|
(7)
|
(5)
|
3
|
|
Pre-Tax Income |
(110)
N/A
|
(87)
+21%
|
(84)
+4%
|
(83)
+0%
|
(27)
+68%
|
3
N/A
|
13
+374%
|
21
+68%
|
19
-8%
|
(6)
N/A
|
(7)
-25%
|
(9)
-19%
|
(12)
-37%
|
(10)
+16%
|
(11)
-11%
|
(10)
+10%
|
(22)
-115%
|
(22)
-2%
|
(22)
+1%
|
(10)
+56%
|
(2)
+79%
|
(2)
-10%
|
(1)
+51%
|
(11)
-899%
|
(11)
-1%
|
(10)
+5%
|
(9)
+11%
|
(7)
+20%
|
(8)
-5%
|
24
N/A
|
28
+16%
|
48
+71%
|
54
+12%
|
25
-54%
|
23
-6%
|
2
-90%
|
(13)
N/A
|
(16)
-25%
|
(20)
-28%
|
(14)
+31%
|
(6)
+56%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(6)
|
(6)
|
(0)
|
(0)
|
0
|
(6)
|
(6)
|
(6)
|
(5)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
8
|
8
|
8
|
1
|
2
|
2
|
2
|
(2)
|
|
Income from Continuing Operations |
(116)
|
(93)
|
(84)
|
(83)
|
(27)
|
(3)
|
7
|
15
|
14
|
(5)
|
(7)
|
(8)
|
(13)
|
(11)
|
(12)
|
(10)
|
(22)
|
(22)
|
(22)
|
(10)
|
(2)
|
(2)
|
(1)
|
(11)
|
(11)
|
(10)
|
(9)
|
(7)
|
(8)
|
24
|
28
|
48
|
62
|
33
|
31
|
10
|
(11)
|
(14)
|
(18)
|
(12)
|
(9)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
2
|
3
|
3
|
3
|
6
|
|
Net Income (Common) |
(116)
N/A
|
(93)
+20%
|
(83)
+11%
|
(35)
+57%
|
38
N/A
|
60
+60%
|
71
+17%
|
33
-54%
|
16
-51%
|
(4)
N/A
|
(7)
-82%
|
(8)
-26%
|
(13)
-52%
|
(11)
+16%
|
(12)
-10%
|
(10)
+15%
|
(22)
-115%
|
(22)
-2%
|
(22)
+1%
|
(10)
+56%
|
(2)
+80%
|
(2)
-14%
|
(1)
+52%
|
(11)
-933%
|
(11)
-1%
|
(10)
+4%
|
(9)
+11%
|
(7)
+20%
|
(8)
-5%
|
24
N/A
|
28
+16%
|
48
+71%
|
62
+28%
|
32
-47%
|
30
-6%
|
10
-66%
|
(9)
N/A
|
(11)
-20%
|
(15)
-31%
|
(8)
+43%
|
(2)
+71%
|
|
EPS (Diluted) |
-9.19
N/A
|
-7.38
+20%
|
-6.5
+12%
|
-2.77
+57%
|
3
N/A
|
4.75
+58%
|
5.56
+17%
|
2.57
-54%
|
1.23
-52%
|
-0.21
N/A
|
-0.38
-81%
|
-0.48
-26%
|
-0.71
-48%
|
-0.53
+25%
|
-0.59
-11%
|
-0.38
+36%
|
-0.92
-142%
|
-0.82
+11%
|
-0.82
N/A
|
-0.36
+56%
|
-0.07
+81%
|
-0.08
-14%
|
-0.02
+75%
|
-0.25
-1 150%
|
-0.28
-12%
|
-0.19
+32%
|
-0.15
+21%
|
-0.11
+27%
|
-0.13
-18%
|
0.27
N/A
|
0.32
+19%
|
0.55
+72%
|
0.7
+27%
|
0.37
-47%
|
0.35
-5%
|
0.12
-66%
|
-0.11
N/A
|
-0.13
-18%
|
-0.17
-31%
|
-0.1
+41%
|
-0.03
+70%
|