CBAK Energy Technology (CBAT) Company Report

CBAK Energy Technology, Inc. reported net revenues of $60.92 million for the third quarter of 2025, marking a 36.5% year-over-year increase.
The company achieved net income attributable to CBAK Energy Technology Inc. of $2.65 million in Q3 2025, a 150.2-fold increase from the prior year, with basic and diluted income per share of $0.03.
This strong Q3 performance was primarily driven by the battery raw materials segment (Hitrans), which saw net revenues grow by 143.7% to $27.22 million, alongside improved profitability in the battery business.
Despite the Q3 recovery, net revenues for the first nine months of 2025 decreased by 9.8% to $136.39 million, resulting in a net loss attributable to shareholders of $2.00 million for the period.
The company is expanding its production capacity with a new Model 40135 line in Dalian adding 2.3 GWh annually and upcoming Nanjing lines adding 2 GWh for Model 32140, expecting future growth from these upgrades.

Nov 10, 2025, 11:16 AM

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

CBAT

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

CBAK Energy Technology reported net revenues of $60.92 million for the third quarter of 2025, representing a 36.5% year-over-year increase from $44.63 million in the prior-year period.
Net income attributable to CBAK Energy Technology Inc. for Q3 2025 was $2.65 million, a 150.2-fold increase from $17,647 in the same period of 2024.
The company's battery raw materials segment (Hitrans) was a significant driver, with net revenues of $27.22 million, a 143.7% increase compared to Q3 2024, and the battery business's net income grew 122.7% to $4.53 million.
Despite a 29.9% decrease in gross profit to $4.9 million for Q3 2025 due to a product portfolio upgrade, the company anticipates a rebound in sales performance with the commencement of production for upgraded new products and expanded capacity, including a new 2.3 GWh annual capacity line and 2 GWh from Nanjing production lines.

Nov 10, 2025, 11:00 AM

CBAK Energy Launches New Model 40135 Production Line

CBAT

Product Launch

New Projects/Investments

Revenue Acceleration/Inflection

CBAK Energy's subsidiary, Dalian CBAK, has completed a product portfolio upgrade and launched a new production line for its Model 40135 battery, which offers a larger size and higher capacity compared to its previous flagship product.
The new production line has an initial daily capacity of approximately 20,000 cells and has already delivered around 500,000 cells, generating approximately US$2 million in revenue within its first month of operation.
Dalian CBAK has received orders for approximately 1.2 million cells pending delivery, representing an estimated US$5 million in revenue, with production expected to ramp up to about 100,000 cells per day by the end of 2025.
The transition to the new Model 40135 has temporarily impacted sales performance as major customers are currently testing, validating, and migrating to the new product.