CBAK Energy Technology (CBAT) Income Statement: Revenue & Earnings

CBAK Energy Technology Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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CBAK Energy Technology, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	176.61	204.44	248.73	52.67	37.57
Cost of Revenue	134.84	172.71	230.63	47.56	34.85
Gross Profit	41.78	31.72	18.10	5.11	2.71
Operating Expenses
Research & Development	13.01	11.93	10.64	5.27	1.68
Selling, General & Administrative	19.15	19.98	11.75	12.33	4.45
Operating Expenses	32.51	38.98	23.21	16.82	6.85
Operating Income	9.26	-7.25	-5.12	-11.71	-4.13
Other Income/Expense
Interest Income	1.63	0.61	0.49	0.96	0.01
Interest Expense	-0.35	-0.18	-0.50	-0.18	-0.99
Other Income/Expense	1.05	3.51	6.85	65.54	2.02
Income
Income Before Tax	11.14	-6.05	-12.56	53.83	-7.85
Income Tax Expense	1.56	2.49	-1.23	-7.73	0.00
Net Income	11.79	-2.45	-9.45	61.49	-7.81
Net Income - Continuous Operations	11.79	-8.54	-11.33	61.56	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	16.90	5.31	2.61	-8.36	-1.60
EBIT	9.26	-5.03	-5.12	-11.71	-4.13
Depreciation & Amortization	7.64	10.42	7.72	3.35	2.53
Earnings Per Share
Basic EPS	-	-	-	1.00	-
Diluted EPS	-	-	-	1.00	-
Basic Shares Outstanding	89.93	89.25	88.93	87.61	61.99
Diluted Shares Outstanding	90.16	89.25	88.93	87.88	61.99