0A98 Company Report

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Research analysts covering 0A98.

Recent press releases and 8-K filings for 0A98.

CBAK Energy Technology Reports Strong Q3 2025 Revenue and Net Income Growth

0A98

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

CBAK Energy Technology reported a 36.5% year-over-year increase in consolidated revenue, reaching $60.9 million for Q3 2025, with consolidated net income attributable to shareholders soaring to $2.65 million, a 150-fold increase year-over-year.
This strong performance was primarily driven by the recovery of the Hitrans battery raw material segment, which saw its revenue increase 143.7% to $27.2 million and its net loss narrow to $2.1 million, an 18.8% improvement.
The Battery Business segment's net income rebounded strongly, up 122.7% to $4.53 million, mainly due to robust demand for Model 32140 batteries.
The company is significantly expanding its production capacity, with the Nanjing plant's Phase 2 adding 2 GWh and the Dalian facility adding 2.3 GWh for new battery models, aiming for mass production by Q1 2026 to achieve a total capacity of 6 GWh.
CBAK Energy is also pursuing overseas manufacturing expansion, having signed a term sheet with a major Asian company, though progress is contingent on updates to China's export control policies.

Nov 10, 2025, 12:00 PM

CBAK Energy Technology Reports Strong Q3 2025 Financial Results and Production Expansion

0A98

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

CBAK Energy Technology (0A98) reported a 36.5% year-over-year increase in consolidated revenue to $13.9 million for Q3 2025, with consolidated net income attributable to shareholders surging 150-fold year-over-year to $2.65 million.
The Hi-Trons battery raw material segment demonstrated significant recovery, with revenue growing 143.7% year-over-year to $7.2 million in Q3 2025, and its net loss narrowed by 18.8% to $2.1 million.
The battery business stabilized, with revenue growing 0.7% year-over-year, and net income rebounded 122.7% to $4.53 million, driven by strong demand for model 32140 batteries.
The company is significantly expanding production capacity, with the Nanjing Phase 2 facility (adding 2 GWh) expected to begin mass production in mid-November 2025, and a new line at the Dalian facility (adding 2.3 GWh) commissioned in October 2025. Total production capacity is projected to reach 6 GWh by the end of 2026.
CBAK Energy is pursuing overseas manufacturing expansion, having signed a term sheet for a joint lithium battery production base with an Asian publicly listed company, pending updates to China's export control policies.

Nov 10, 2025, 12:00 PM

0A98 Highlights Robust Battery Business Performance and Expansion Plans

0A98

Earnings

Guidance Update

Revenue Acceleration/Inflection

The company's battery business reported net revenues of $136,386,794 for the first nine months of 2025, with significant contributions from Residential Energy Supply & Uninterruptable Supplies and Light Electric Vehicles.
Net revenues from the battery business demonstrated strong growth, increasing from $35 million in 2021 to $137 million in 2024, while gross margin improved significantly to 31.5% in FY24.
For 2025, the battery segment is projected to achieve RMB 1.4 billion in sales, marking a 40.98% increase over 2024, and RMB 100 million in net income.
The company plans to expand its total battery production capacity to 7.6 GWh in 2025 and held a 19% market share for Model 32140 and 6.4% for Model 26650/26700 in 2024.

Nov 10, 2025, 12:00 PM

CBAK Energy Technology Reports Q3 2025 Results with Significant Net Income Growth and Capacity Expansion

0A98

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

CBAK Energy Technology reported consolidated revenue of $13.9 million in Q3 2025. The company's consolidated net income attributable to shareholders reached $2.65 million, representing a 150-fold increase year-over-year.
The Hi-Trons battery raw material segment saw revenue increase 143.7% year-over-year to $7.2 million in Q3 2025, with its net loss narrowing to $2.1 million.
The battery business segment also showed strong performance, with net income rebounding 122.7% to $4.53 million, while revenue grew 0.7% year-over-year.
The company is expanding production capacity, with the Nanjing Phase 2 facility (adding 2 GWh) expected to begin mass production in mid-November 2025, and a new line at the Dalian facility (adding 2.3 GWh) commissioned in October 2025. Total production capacity is projected to reach 6 GWh by the end of 2026.