← 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
Total Revenue $10.4m $58.4m $24.4m $22.2m $37.6m $52.7m $248.7m $204.4m $176.6m $195.2m
Cost of Goods and Services Sold $9.1m $51.3m $21.5m $19.5m $34.9m $47.6m $230.6m $172.7m $134.8m $176.8m
Gross Profit ($1.7m) ($10.2m) ($3.3m) $623k $2.7m $5.1m $18.1m $31.7m $41.8m $18.4m
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
Operating Income (Loss) ($12.1m) ($21.2m) ($13.4m) ($10.1m) ($8.5m) ($11.7m) ($11.5m) ($7.3m) $8.8m ($18.4m)
Additional Financial Items
Amortization of Intangible Assets — — $3k $5k $4k $41k $513k $473k $470k $315k
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — $630k — —
Goodwill, Impairment Loss — — — — — — $1.6m — — —
Income (Loss) from Continuing Operations, Per Basic Share ($1) — ($0) ($0) ($0) $1 ($0) ($0) $0 ($0)
Income (Loss) from Continuing Operations, Per Diluted Share ($1) — ($0) ($0) ($0) $1 ($0) ($0) $0 ($0)
Income (Loss) from Equity Method Investments — — — — — — — ($27k) ($19k) $145k
Interest Income, Other — — — — $13k $92k — — — —
Other Income — — — — — $10.0m — — $1.0m $8.3m
Realized Investment Gains (Losses) — — — — — — — $27k — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — $53.8m ($12.6m) ($6.1m) $11.1m ($11.1m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($12.7m) — — — $7.8m $53.8m $12.6m $6.1m $11.1m $11.1m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — — $7.8m $53.8m $12.6m $6.1m $11.1m $11.1m
Net Income (Loss) Attributable to Parent ($12.7m) ($21.5m) ($1.9m) ($10.8m) ($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 ($9.4m) ($8.5m) $9.6m ($9.4m)
Net Income (Loss) Attributable to Noncontrolling Interest — — ($14k) ($86k) ($40k) $73k $1.9m ($6.1m) ($2.2m) ($1.6m)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest — — $14k $86k $40k $73k ($1.9m) $6.1m $2.2m $1.6m
Earnings Per Share, Basic ($0.71) — ($0.07) ($0.28) ($0.10) $0.70 ($0.11) ($0.03) $0.13 ($0.10)
Earnings Per Share, Diluted ($0.71) ($0.92) ($0.07) — ($0.13) $0.70 ($0.11) ($0.03) $0.13 ($0.10)
Weighted Average Number of Shares Outstanding, Basic 17.8m — — 39.0m 62.0m 87.6m 88.9m 89.3m 89.9m 89.2m
Weighted Average Number of Shares Outstanding, Diluted 17.8m — — — — 87.9m 88.9m 89.3m 90.2m 89.2m
Selling, General and Administrative Expense — — — — — $1.5m — — — —
Other Nonoperating Income (Expense) $143k ($45k) $12.3m $620k ($40k) $3.6m ($7.3m) $3.0m $1.3m ($673k)
Benefits, Losses and Expenses — — — — — $1.5m $2.6m $3.0m — —
Current Income Tax Expense (Benefit) — — — — — $7.7m — — $1.6m ($185k)
Financing Interest Expense — $245k $834k $1.4m $1.4m — — — — —
General and Administrative Expense $4.7m $4.3m $4.5m $4.4m $3.7m $10.0m $9.7m $13.8m $13.9m $16.2m
Interest Expense — — — $2.3m $1.7m $340k $646k $638k $1.1m $1.1m
Interest Expense, Debt — — $2.3m — — — — — — —
Labor and Related Expense — — — — — $1.2m — — — —
Other Cost of Operating Revenue — — — — — — $2.1m $1.3m — —
Other Expenses — — — — $20k — — — — —
Other General and Administrative Expense — — — — — — $40k $38k — —
Research and Development Expense $1.9m $1.7m $2.5m $1.9m $1.7m $5.3m $10.6m $11.9m $13.0m $15.8m
Selling and Marketing Expense $995k $3.2m $2.1m $1.0m $701k $2.3m $2.0m $4.9m $5.2m $5.1m
Income Tax Expense (Benefit) $673k $0 — — — ($7.7m) ($1.2m) $2.5m $1.6m ($185k)
Interest Income (Expense), Net — — — — — $785k $491k $433k — —
Other Operating Income (Expense), Net $12.1m $21.2m $13.4m $10.1m $8.5m $11.7m $2.0m $153k $8.8m $18.4m

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