← CBAK Energy Technology, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($12.7m) ($21.5m) ($1.9m) ($10.9m) ($7.8m) $61.6m ($9.4m) ($2.4m) $11.8m ($9.4m)
Net Income (Loss) Available to Common Stockholders, Basic — ($21.5m) ($2.0m) ($10.8m) ($7.8m) $61.5m ($11.3m) ($8.5m) $9.6m ($11.0m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — ($2.0m) ($10.9m) ($7.8m) $61.6m ($11.3m) ($8.5m) $9.6m ($11.0m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($12.7m) — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest — — ($14k) ($86k) ($40k) $73k — ($6.1m) ($2.2m) ($1.6m)
Depreciation and amortization $1.1m $1.6m $149k $143k $143k $316k $8.1m $9.7m $8.0m $9.5m
Amortization — — — — — — — — — $331k
Amortization of Intangible Assets — — $3k $5k $4k $41k $513k $473k $470k $315k
Depreciation $1.1m $1.6m $2.4m $2.7m $2.7m $2.7m $252k $10.4m $7.8m $9.4m
Deferred Income Tax Expense (Benefit) ($97k) $0 — — — ($20k) ($1.2m) — — —
Share-based Payment Arrangement, Noncash Expense $1.5m $759k $221k $770k $804k $1.0m — $1.2m $377k $77k
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — $630k — —
Goodwill and Intangible Asset Impairment — — — — — — $1.6m — — —
Goodwill, Impairment Loss — — — — — — $1.6m — — —
Financing Interest Expense — $245k $834k $1.4m $1.4m — — — — —
Gain (Loss) on Disposition of Intangible Assets — — $12.1m — — — — — — —
Gain (Loss) on Disposition of Property Plant Equipment $602k $15.6m $10k ($214k) ($21k) ($10k) ($7.7m) ($544k) ($428k) ($53k)
Income (Loss) from Equity Method Investments — — — — — — — ($27k) ($19k) ($145k)
Income Tax Expense (Benefit) $673k $0 — — — ($7.7m) ($1.2m) $2.5m $1.6m ($185k)
Other Nonoperating Income (Expense) $143k ($45k) $12.3m $620k ($40k) $3.6m ($7.3m) $3.0m $1.3m ($673k)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $569k $53.6m ($33.7m) ($10.3m) $20.8m ($18.7m) ($21.0m) $3.0m $5.4m $3.9m
Increase (Decrease) in Inventories $14.4m ($2.3m) $476k ($11k) ($2.3m) $11.8m $24.0m ($11.2m) ($6.3m) $33.9m
Increase (Decrease) in Accounts Payable — — — — — — — $16.8m — —
Foreign Currency Transaction Gain (Loss), Unrealized ($213k) ($81k) — — — — ($89k) — — —
Gain (Loss) on Sale of Derivatives — — — — — — — — — ($440k)
General and Administrative Expense $4.7m $4.3m $4.5m $4.4m $3.7m $10.0m $9.7m $13.8m $13.9m $16.2m
Goodwill — — — — — $1.6m — — — —
Inventory Write-down $439k $5.8m $160k $834k $1.5m $868k $1.7m $3.6m $4.9m $6.6m
Operating Costs and Expenses — — — — — $2.7m — — — —
Operating Expenses $10.4m $11.0m $10.1m $10.7m $11.2m $16.8m $29.6m $39.0m $33.0m $36.9m
Payments of Financing Costs — — — — — — $628k — — —
Financing Receivable, Credit Loss, Expense (Reversal) — — — — — — — $1.3m — —
Realized Investment Gains (Losses) — — — — — — — $27k — —
Other Operating Income (Expense), Net — — — — — — $2.0m $153k — —
Net Cash Provided by (Used in) Operating Activities ($13.9m) $6.2m $8.7m ($21.2m) ($5.1m) ($4.3m) $15.1m $46.5m $39.7m $48.6m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $5.9m $12.0m $7.4m $2.5m $5.7m $19.2m $12.4m $31.1m $17.2m $44.7m
Payments to Acquire Businesses, Net of Cash Acquired — — — — — $17.5m — — — $1.1m
Payments to Acquire Investments — — — — — — — $7.1m $9.1m —
Gain (Loss) on Sale of Investments — — — — — — — — $19k —
Payments for (Proceeds from) Other Investing Activities $0 — — — — — — — — —
Net Cash Provided by (Used in) Investing Activities ($9.1m) ($16.4m) ($7.3m) ($2.4m) ($5.7m) ($38.1m) ($7.9m) ($42.3m) ($23.4m) ($45.7m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $5.5m $9.6m — — $45.3m $65.5m — — — —
Payments for Repurchase of Common Stock — — — — — — — — — $1.5m
Proceeds from Noncontrolling Interests — — $27k $127k — — $1.5m — — —
Dividends Payable, Current — — — — — — — — $1.2m $1.3m
Dividends Payable — — — — — — — $1.3m — —
Proceeds from (Payments for) Other Financing Activities — — — — — — $1.5m $1.7m — —
Net Cash Provided by (Used in) Financing Activities $18.5m $11.4m $6.4m $13.6m $25.8m $48.3m $5.6m $18.6m ($11.7m) $8.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — ($463k) ($1.5m) ($238k) ($1.8m) ($1.3m) ($2.6m) $4.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($10.6m) $13.5m $5.7m $11.0m $21.5m $2.0m $14.9m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $7.1m $20.7m $26.4m $37.4m $58.8m $60.8m $75.7m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $1.0m $1.4m $990k $2.4m — $182k $408k $872k
Income Taxes Paid, Net — — — — — $3k $60k — $2.2m —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.