How much debt does CBAK Energy Technology have?

CBAK Energy Technology had total debt of $32.99M as of Dec 31, 2025, against $8.42M in cash and short-term investments. Its debt-to-equity ratio was 0.30. Total debt was $28.87M a year earlier.

What are CBAK Energy Technology's total assets?

CBAK Energy Technology reported total assets of $426.18M as of Dec 31, 2025, up 41.0% from $302.22M a year earlier. Total liabilities were $316.70M.

What is CBAK Energy Technology's shareholders' equity?

CBAK Energy Technology's shareholders' equity was $109.48M as of Dec 31, 2025, or about $1.24 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

CBAK Energy Technology (CBAT) Balance Sheet: Assets & Liabilities

CBAK Energy Technology Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Balance sheet showing assets, liabilities, and shareholders' equity for CBAK Energy Technology, Inc. (CBAT) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Dec 2021	Mar 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	8.30	6.72	4.64	6.52	6.52	7.36	7.36	11.68	11.68	1.61	0.45	1.64
Short-Term Investments	0.12	4.32	0.00	0.00	0.04	0.79	0.79	0.02	0.02	0.06	0.00	0.00
Cash & Short-Term Investments	8.42	11.05	4.64	6.52	6.56	8.15	8.15	11.70	11.70	1.68	0.45	1.64
Accounts Receivable	38.41	32.94	26.17	37.88	27.41	60.02	44.09	29.81	36.21	7.95	15.61	63.54
Inventory	50.60	22.85	33.41	49.45	49.45	30.13	30.13	5.25	5.25	8.67	9.62	9.83
Other Current Assets	70.41	0.50	56.39	31.86	0.71	24.54	0.79	16.41	0.53	10.19	7.31	10.25
Total Current Assets	180.64	141.40	128.42	125.71	125.71	122.84	122.84	63.17	63.17	28.49	56.37	85.24
Non-Current Assets
Property, Plant & Equipment (Net)	214.17	131.25	130.51	101.22	101.22	119.35	119.35	78.73	78.73	67.08	63.91	59.99
Long-Term Investments	18.99	18.11	1.93	0.95	0.95	1.55	0.71	0.00	-	0.00	0.00	0.00
Goodwill	0.00	0.00	0.00	0.00	-	1.65	1.65	0.00	-	0.00	0.00	0.00
Intangible Assets	0.07	0.38	12.55	13.67	1.31	15.76	15.76	0.01	0.01	0.02	7.30	0.02
Other Non-Current Assets	12.31	11.08	0.00	0.00	14.85	0.06	16.10	0.85	-	0.00	0.00	7.87
Total Non-Current Assets	245.54	160.82	152.73	118.33	118.33	139.78	139.78	79.60	-	67.09	71.21	67.89
Total Assets	426.18	302.22	281.16	244.03	244.03	262.62	262.62	142.77	142.77	95.58	127.58	153.13
Current Liabilities
Accounts Payable	153.35	84.72	26.76	32.52	67.49	40.35	40.35	28.98	28.98	16.56	23.13	65.62
Short-Term Debt	28.87	26.42	32.93	17.02	15.60	14.29	13.49	14.99	13.74	26.77	17.81	14.64
Current Portion of Long-Term Debt	-	-	-	-	-	-	-	-	13.74	-	-	-
Accrued Liabilities	113.65	58.29	6.77	-	25.61	-	8.30	-	4.12	-	-	-
Deferred Revenue	29.24	12.24	4.03	6.93	6.93	6.04	6.04	0.00	0.55	0.00	0.34	0.27
Other Current Liabilities	1.33	1.00	93.66	55.47	1.82	52.08	5.85	29.74	25.07	15.67	52.01	36.24
Total Current Liabilities	299.85	171.70	160.50	111.93	111.93	112.77	112.77	73.71	73.71	59.00	92.95	116.92
Non-Current Liabilities
Long-Term Debt	4.12	2.45	0.48	0.61	0.61	0.88	0.88	0.00	-	9.52	20.61	19.49
Other Non-Current Liabilities	10.64	8.00	0.52	1.54	7.11	1.90	8.09	16.65	9.35	13.41	9.38	14.53
Total Non-Current Liabilities	16.85	10.45	7.20	7.72	7.72	8.97	8.97	16.65	-	22.93	34.31	34.02
Total Liabilities	316.70	182.15	167.70	119.65	119.65	121.73	121.73	90.36	90.36	81.93	127.26	150.94
Stockholders' Equity
Common Stock	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.08	0.08	0.05	0.03	0.03
Retained Earnings	-130.75	-121.38	-134.40	-131.95	-130.72	-122.50	-122.50	-182.75	-182.75	-174.95	-165.41	-163.47
Accumulated Other Comprehensive Income	-13.11	-14.92	-10.37	-6.92	-8.15	3.72	3.72	-0.24	-0.24	-1.74	-0.27	-0.11
Treasury Stock	-	4.07	4.07	-	4.07	-	4.07	-	-	-	-	-
Additional Paid-in Capital	248.50	257.88	247.47	256.28	246.24	251.98	241.95	235.31	-	190.24	165.97	165.75
Minority Interest	-3.20	-1.61	0.63	6.88	6.88	7.59	7.59	0.01	-	0.05	0.01	0.00
Shares Outstanding	88.65	89.94	89.92	-	88.99	-	88.71	-	-	-	-	-
Total Stockholders' Equity	109.48	120.07	112.82	117.50	124.38	133.29	133.29	52.40	52.41	13.61	0.32	2.20
Total Liabilities & Equity	426.18	302.22	281.16	244.03	244.03	262.62	262.62	142.77	-	95.58	127.58	153.13

Source: Company financial statements from annual and quarterly filings. Data as of Mar 31, 2026. Data sources and methodology

CBAK Energy Technology Balance Sheet Analysis

Frequently Asked Questions About CBAK Energy Technology Balance Sheet