← 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($12.7m) |
($21.5m)
-69.67%
|
($1.9m)
+90.95%
|
($10.9m)
-458.54%
|
($7.8m)
+27.70%
|
$61.6m
+884.52%
|
($9.4m)
-115.35%
|
($2.4m)
+74.08%
|
$11.8m
+581.41%
|
($9.4m)
-179.54%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | ($21.5m) |
($2.0m)
+90.88%
|
($10.8m)
-450.07%
|
($7.8m)
+27.50%
|
$61.5m
+887.59%
|
($11.3m)
-118.42%
|
($8.5m)
+24.62%
|
$9.6m
+212.25%
|
($11.0m)
-214.26%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | ($2.0m) | ($10.9m) | ($7.8m) | $61.6m | ($11.3m) | ($8.5m) | $9.6m | ($11.0m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | ($14k) | ($86k) | ($40k) | $73k | — | ($6.1m) | ($2.2m) | ($1.6m) | — | |
| Depreciation and amortization | $1.1m | $1.6m | $149k | $143k | $143k | $316k | $8.1m | $9.7m | $8.0m | $9.5m | $11.8m | |
| Amortization | — | — | — | — | — | — | — | — | — | $331k | — | |
| Amortization of Intangible Assets | — | — | $3k | $5k | $4k | $41k | $513k | $473k | $470k | $315k | — | |
| Depreciation | $1.1m | $1.6m | $2.4m | $2.7m | $2.7m | $2.7m | $252k | $10.4m | $7.8m | $9.4m | $11.8m | |
| Deferred Income Tax Expense (Benefit) | ($97k) | $0 | — | — | — | ($20k) | ($1.2m) | — | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $1.5m | $759k | $221k | $770k | $804k | $1.0m | — | $1.2m | $377k | $77k | $50k | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | $630k | — | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | $1.6m | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $1.6m | — | — | — | $8.3m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | ($27k) | ($19k) | ($145k) | — | |
| Other Nonoperating Income (Expense) | $143k | ($45k) | $12.3m | $620k | ($40k) | $3.6m | ($7.3m) | $3.0m | $1.3m | ($673k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $569k | $53.6m | ($33.7m) | ($10.3m) | $20.8m | ($18.7m) | ($21.0m) | $3.0m | $5.4m | $3.9m | ($3.9m) | |
| Increase (Decrease) in Inventories | $14.4m | ($2.3m) | $476k | ($11k) | ($2.3m) | $11.8m | $24.0m | ($11.2m) | ($6.3m) | $33.9m | ($51.9m) | |
| Inventory Write-down | $439k | $5.8m | $160k | $834k | $1.5m | $868k | $1.7m | $3.6m | $4.9m | $6.6m | — | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | — | — | — | $16.8m | — | — | $102.7m | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | $2.0m | $153k | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | ($13.9m) |
$6.2m
+144.77%
|
$8.7m
+40.37%
|
($21.2m)
-343.19%
|
($5.1m)
+75.98%
|
($4.3m)
+16.23%
|
$15.1m
+453.97%
|
$46.5m
+207.69%
|
$39.7m
-14.63%
|
$48.6m
+22.29%
|
$80.5m
+65.71%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.9m | $12.0m | $7.4m | $2.5m | $5.7m | $19.2m | $12.4m | $31.1m | $17.2m | $44.7m | ($44.8m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $602k | $15.6m | $10k | ($214k) | ($21k) | ($10k) | ($7.7m) | ($544k) | ($428k) | ($53k) | $1.5m | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | — | — | $19k | — | — | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | $7.1m | $9.1m | — | $0 | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $17.5m | — | — | — | $1.1m | ($2.9m) | |
| Payments for (Proceeds from) Other Investing Activities | $0 | — | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($9.1m) | ($16.4m) | ($7.3m) | ($2.4m) | ($5.7m) | ($38.1m) | ($7.9m) | ($42.3m) | ($23.4m) | ($45.7m) | ($47.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $1.5m | — | |
| Proceeds from Issuance of Common Stock | $5.5m | $9.6m | — | — | $45.3m | $65.5m | — | — | — | — | — | |
| Dividends Payable, Current | — | — | — | — | — | — | — | — | $1.2m | $1.3m | — | |
| Dividends Payable | — | — | — | — | — | — | — | $1.3m | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | $1.5m | $1.7m | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $18.5m |
$11.4m
-38.38%
|
$6.4m
-43.93%
|
$13.6m
+111.87%
|
$25.8m
+90.60%
|
$48.3m
+86.90%
|
$5.6m
-88.38%
|
$18.6m
+231.74%
|
($11.7m)
-162.78%
|
$8.0m
+168.49%
|
$13.4m
+67.32%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($10.6m) | $13.5m | $5.7m | $11.0m | $21.5m | $2.0m | $14.9m | $93.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $7.1m | $20.7m | $26.4m | $37.4m | $58.8m | $60.8m | $75.7m | $93.8m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($463k) | ($1.5m) | ($238k) | ($1.8m) | ($1.3m) | ($2.6m) | $4.0m | $4.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $1.0m | $1.4m | $990k | $2.4m | — | $182k | $408k | $872k | — | |
| Income Taxes Paid, Net | — | — | — | — | — | $3k | $60k | — | $2.2m | — | — | |
| Additional Financial Items | ||||||||||||
| Financing Interest Expense | — | $245k | $834k | $1.4m | $1.4m | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($213k) | ($81k) | — | — | — | — | ($89k) | — | — | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | $12.1m | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Derivatives | — | — | — | — | — | — | — | — | — | ($440k) | — | |
| General and Administrative Expense | $4.7m | $4.3m | $4.5m | $4.4m | $3.7m | $10.0m | $9.7m | $13.8m | $13.9m | $16.2m | — | |
| Goodwill | — | — | — | — | — | $1.6m | — | — | — | — | $8.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($12.7m) | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $673k | $0 | — | — | — | ($7.7m) | ($1.2m) | $2.5m | $1.6m | ($185k) | — | |
| 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 | — | |
| Payments of Financing Costs | — | — | — | — | — | — | $628k | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | $27k | $127k | — | — | $1.5m | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | $1.3m | — | — | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | $27k | — | — | — |