Annuncio • May 12
CBAK Energy Technology, Inc. announced delayed 10-Q filing On 05/11/2026, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • May 02
CBAK Energy Technology, Inc. Receives Notice of Non-Compliance with Minimum Bid Price Requirement from Nasdaq On April 30, 2026, CBAK Energy Technology, Inc. (the Company) received notice (the Notice) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of USD 1.00 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's common stock for the 30 consecutive business days from March 18, 2026 through April 29, 2026, the Company no longer meets the minimum bid price requirement. The Notice has no immediate effect on the listing of the Company's common stock, which will continue to trade uninterrupted on Nasdaq under the ticker CBAT. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until October 27, 2026 (the Compliance Period), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's common stock is at least USD 1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance with the minimum bid price requirement by October 27, 2026, the Company may be eligible for an additional 180 calendar day grace period. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, then Nasdaq will notify the Company of its determination to delist the Company's common stock, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel. Annuncio • Mar 24
CBAK Energy Technology, Inc. to Report Q4, 2025 Results on Mar 30, 2026 CBAK Energy Technology, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 30, 2026 Annuncio • Mar 17
CBAK Energy Technology, Inc. announced delayed annual 10-K filing On 03/16/2026, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Annuncio • Nov 17
CBAK Energy Technology, Inc., Annual General Meeting, Dec 29, 2025 CBAK Energy Technology, Inc., Annual General Meeting, Dec 29, 2025, at 10:00 China Standard Time. Location: bak industrial park, meigui street, huayuankou economic zone, 116450, dalian China Annuncio • Nov 03
CBAK Energy Technology, Inc. to Report Q3, 2025 Results on Nov 10, 2025 CBAK Energy Technology, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 10, 2025 Annuncio • Oct 03
CBAK Energy Technology, Inc. Receives Nasdaq Notice of Non-Compliance with Minimum Bid Price Requirement On October 1, 2025, CBAK Energy Technology, Inc. received notice from the Listing Qualifications staff of The Nasdaq Stock Market LLC notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s common stock for the 30 consecutive business days from August 19 through September 30, 2025, the Company no longer meets the minimum bid price requirement. The Notice has no immediate effect on the listing of the Company’s common stock, which will continue to trade uninterrupted on Nasdaq under the ticker “CBAT”. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until March 30, 2026 (the “Compliance Period”), to regain compliance with Nasdaq’s minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company’s common stock is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance with the minimum bid price requirement by March 30, 2026, the Company may be eligible for an additional 180 calendar day grace period. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, then Nasdaq will notify the Company of its determination to delist the Company’s common stock, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel. Annuncio • May 23
CBAK Energy Technology, Inc. (NasdaqCM:CBAT) announces an Equity Buyback for $20 million worth of its shares. CBAK Energy Technology, Inc. (NasdaqCM:CBAT) announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of its shares. The program will be valid till May 20, 2026. Annuncio • May 13
CBAK Energy Technology, Inc. announced delayed 10-Q filing On 05/12/2025, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • May 12
CBAK Energy Technology, Inc. to Report Q1, 2025 Results on May 19, 2025 CBAK Energy Technology, Inc. announced that they will report Q1, 2025 results Pre-Market on May 19, 2025 Annuncio • Mar 10
CBAK Energy Technology, Inc. to Report Q4, 2024 Results on Mar 17, 2025 CBAK Energy Technology, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 17, 2025 Annuncio • Dec 28
CBAK Energy Technology Receives Non-Compliance Letter from Nasdaq Regarding Minimum Bid Price Requirement On December 26, 2024, CBAK Energy Technology, Inc. (the Company") received notice (the Notice") from the Listing Qualifications staff of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that it is currently not in compliance with the minimum bid price requirement set under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's common stock for the 30 consecutive business days from November 12 through December 24, 2024, the Company no longer meets the minimum bid price requirement. The Notice has no immediate effect on the listing of the Company's common stock, which will continue to trade uninterrupted on Nasdaq under the ticker CBAT". Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until June 24, 2025 (the Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's common stock is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance with the minimum bid price requirement by June 24, 2025, the Company may be eligible for an additional 180 calendar day grace period. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, then Nasdaq will notify the Company of its determination to delist the Company's common stock, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel. Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: US$0 (vs US$0.071 in 3Q 2023) Third quarter 2024 results: EPS: US$0 (down from US$0.071 in 3Q 2023). Revenue: US$44.6m (down 30% from 3Q 2023). Net income: US$17.6k (down 100% from 3Q 2023). Profit margin: 0% (down from 10.0% in 3Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Board Change • Nov 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Director Xiangyu Pei was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 04
CBAK Energy Technology, Inc. to Report Q3, 2024 Results on Nov 12, 2024 CBAK Energy Technology, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 12, 2024 Annuncio • Oct 14
CBAK Energy Technology, Inc., Annual General Meeting, Dec 06, 2024 CBAK Energy Technology, Inc., Annual General Meeting, Dec 06, 2024, at 09:00 China Standard Time. Location: at bak industrial park, meigui street, huayuankou economic zone, 116450, dalian city, China Annuncio • Aug 13
CBAK Energy Technology, Inc. announced delayed 10-Q filing On 08/12/2024, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • Aug 11
Second quarter 2024 earnings released: EPS: US$0.072 (vs US$0.03 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.072 (up from US$0.03 loss in 2Q 2023). Revenue: US$47.8m (up 13% from 2Q 2023). Net income: US$6.45m (up US$9.08m from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Annuncio • Aug 09
CBAK Energy Technology, Inc. Provides Earnings Guidance for the Upcoming Quarters of 2024 CBAK Energy Technology, Inc. provided earnings guidance for the upcoming quarters of 2024. The company confident that gross margin will remain robust due to high client satisfaction with battery products, and the company anticipated continued growth in net income in the upcoming quarters. Annuncio • Aug 01
CBAK Energy Technology, Inc. to Report Q2, 2024 Results on Aug 09, 2024 CBAK Energy Technology, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 09, 2024 Annuncio • Jun 05
CBAK Energy Technology, Inc. Unveils Breakthrough in Fast-Charging Technology with Enhanced Model 32140 Battery, Achieving Full Charge in Just 35 Minutes CBAK Energy Technology, Inc. announced a significant technological advancement with its model 32140 battery, a large cylindrical lithium-ion battery mass produced at its Nanjing facility. The Company has successfully upgraded and innovated the battery structure, adopting a brand-new design based on the original battery cell structure. This upgrade has enabled the model 32140 large cylindrical battery to increase its fast-charging capability from the original 0.8C fast charging rate and a full charge in 75 minutes to a 1.8C fast charging rate and a full charge within just 35 minutes, achieving 1.25 times faster charging speed. Additionally, the battery's cycle life under high-current charge and discharge has doubled, enhancing the overall durability and efficiency of the product. CBAK Energy has filed a patent application for this novel technology with the relevant authorities in China, anticipating imminent approval. The model 32140 large cylindrical battery is currently one of the most mature large cylindrical battery solutions on the market. Since commencing mass production in the second half of 2021, it has undergone more than two years of market validation, leading to a significant increase in sales. With the integration of innovative technologies facilitating the product iterations and upgrades, alongside the addition of new clients, the Company anticipates a substantial increase in sales of this product in key markets such as India and China this year. Annuncio • May 12
CBAK Energy Technology, Inc. announced delayed 10-Q filing On 05/10/2024, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • Mar 17
Full year 2023 earnings released: US$0.011 loss per share (vs US$0.11 loss in FY 2022) Full year 2023 results: US$0.011 loss per share (improved from US$0.11 loss in FY 2022). Revenue: US$204.4m (down 18% from FY 2022). Net loss: US$1.02m (loss narrowed 89% from FY 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 24 percentage points per year, which is a significant difference in performance. Annuncio • Mar 07
CBAK Energy Technology, Inc. to Report Q4, 2023 Results on Mar 15, 2024 CBAK Energy Technology, Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 15, 2024 Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$0.071 (vs US$0 in 3Q 2022) Third quarter 2023 results: EPS: US$0.071 (up from US$0 in 3Q 2022). Revenue: US$63.4m (up 9.9% from 3Q 2022). Net income: US$6.33m (up US$6.34m from 3Q 2022). Profit margin: 10.0% (up from 0% in 3Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Annuncio • Oct 31
CBAK Energy Technology, Inc. to Report Q3, 2023 Results on Nov 09, 2023 CBAK Energy Technology, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 09, 2023 Annuncio • Oct 21
CBAK Energy Technology, Inc., Annual General Meeting, Dec 15, 2023 CBAK Energy Technology, Inc., Annual General Meeting, Dec 15, 2023, at 09:00 China Standard Time. Location: at BAK Industrial Park, Meigui Street, Huayuankou Economic Zone Dalian China Agenda: To consider and elect five persons to the Board of Directors of the Company, each to serve until the next annual meeting of stockholders of the Company or until such person shall resign, be removed or otherwise leave office; to consider and ratify the appointment of ARK Pro CPA & Co as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023; to consider and approve the CBAK Energy Technology, Inc. 2023 Equity Incentive Plan; to consider and have an advisory vote on the compensation of the Company’s Named Executive Officers; to consider and vote to approve, on an advisory basis, the frequency of the voting with respect to the compensation of the Company’s Named Executive Officers; and to transact such other business as may properly come before the Annual Meeting or at any postponement or adjournment of the Annual Meeting. Annuncio • Oct 05
CBAK Energy Technology, Inc. Receives Non-Compliance Notice From Nasdaq On September 27, 2023, the CBAK Energy Technology, Inc. received a letter (the “Bid Price Deficiency Notice”) from the listing qualifications department staff of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company is not in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the “Bid Price Requirement”). The Bid Price Deficiency Notice has no immediate effect on the listing of the Company’s common stock, and the Company’s common stock continues to trade on the Nasdaq Capital Market. In accordance with Nasdaq listing rule 5810(c)(3)(A), the Company has 180 calendar days from the date of the Bid Price Deficiency Notice, or until March 25, 2024, to regain compliance with respect to the Bid Price Requirement. The Bid Price Deficiency Notice states that to regain compliance with the Bid Price Requirement, the closing bid price of the Company’s common stock must meet or exceed $1.00 per share for a minimum of ten consecutive business days during the compliance period ending March 25, 2024. If the Company fails to regain compliance with the Bid Price Requirement by March 25, 2024, the Company may be eligible for an additional 180-day compliance period to demonstrate compliance with the Bid Price Requirement. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Bid Price Requirement, and will need to provide written notice to Nasdaq of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. If the Company does not qualify for the second compliance period or fails to regain compliance with the Bid Price Requirement during the second 180-day period, Nasdaq will notify the Company of its determination to delist the common stock, at which point the Company would have an opportunity to appeal the delisting determination to a Hearings Panel. The Company intends to actively monitor the closing bid price of the Company’s common stock between now and March 25, 2024 and may, if appropriate, evaluate available options to resolve the deficiency and regain compliance with the Bid Price Requirement. While the Company is exercising diligent efforts to maintain the listing of its common stock on Nasdaq, there can be no assurance that the Company will be able to regain or maintain compliance with Nasdaq listing standards. Annuncio • Aug 27
CBAK Energy Technology, Inc. Announces Management Changes On August 22, 2023, Ms. Xiangyu Pei resigned from her positions as the Interim Chief Financial Officer and Secretary of CBAK Energy Technology, Inc. (the “Company”), effectively immediately. Ms. Pei’s resignation was due to personal reasons and not because of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Ms. Pei will continue to serve as a director on the Board of the Company and take on responsibilities in the Company’s finance department. On August 22, 2023, the Board of Directors appointed Mr. Jiewei Li as the Chief Financial Officer and Secretary of the Company, effective immediately. Mr. Li, 33, has been the Company’s investor relations manager since 2021. Prior to joining the Company, from 2018 to 2021, Mr. Li had worked at multiple fund management companies in China where he focused on structuring various investment products. Before that, from 2014 to 2018, he had worked for several renowned American real estate developers in their fund management departments, responsible for capital market affairs. Mr. Li received a Master’s Degree in Political and Public Administration from the Chinese University of Hong Kong in 2014. New Risk • Aug 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €88.6m (US$97.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Market cap is less than US$100m (€88.6m market cap, or US$97.0m). Reported Earnings • Aug 11
Second quarter 2023 earnings released: US$0.03 loss per share (vs US$0.009 profit in 2Q 2022) Second quarter 2023 results: US$0.03 loss per share (down from US$0.009 profit in 2Q 2022). Revenue: US$42.4m (down 25% from 2Q 2022). Net loss: US$2.63m (down 427% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annuncio • Jul 28
CBAK Energy Technology, Inc. to Report Q2, 2023 Results on Aug 09, 2023 CBAK Energy Technology, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 09, 2023 Annuncio • Jun 03
CBAK Energy Technology, Inc. announced that it has received CNY 25 million in funding from Shenzhen Hello Tech Energy Co., Ltd. CBAK Energy Technology, Inc. announced that it has entered into agreement for a private placement of gross proceeds of CNY 25,000,000 on June 1, 2023. The transaction included participation from new investor Shenzhen Hello Tech Energy Co., Ltd. Annuncio • May 12
CBAK Energy Technology, Inc. announced delayed 10-Q filing On 05/11/2023, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • Apr 12
Full year 2022 earnings released: US$0.11 loss per share (vs US$0.70 profit in FY 2021) Full year 2022 results: US$0.11 loss per share (down from US$0.70 profit in FY 2021). Revenue: US$248.7m (up 372% from FY 2021). Net loss: US$9.45m (down 115% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: US$0 (vs US$0.23 in 3Q 2021) Third quarter 2022 results: EPS: US$0 (down from US$0.23 in 3Q 2021). Revenue: US$57.7m (up US$48.2m from 3Q 2021). Net loss: US$290 (down 100% from profit in 3Q 2021). Profit margin: 0% (down from 209% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Annuncio • Nov 08
CBAK Energy Technology, Inc. to Report Q3, 2022 Results on Nov 14, 2022 CBAK Energy Technology, Inc. announced that they will report Q3, 2022 results Pre-Market on Nov 14, 2022 Annuncio • Oct 29
CBAK Energy Technology, Inc., Annual General Meeting, Dec 23, 2022 CBAK Energy Technology, Inc., Annual General Meeting, Dec 23, 2022, at 09:00 China Standard Time. Location: BAK Industrial Park Meigui Street, Huayuankou Economic Zone Dalian Liaoning Province China Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: US$0.009 (vs US$0.031 in 2Q 2021) Second quarter 2022 results: EPS: US$0.009 (down from US$0.031 in 2Q 2021). Revenue: US$56.3m (up US$50.5m from 2Q 2021). Net income: US$805.2k (down 70% from 2Q 2021). Profit margin: 1.4% (down from 46% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 10
CBAK Energy Technology, Inc. to Report Q2, 2022 Results on Aug 15, 2022 CBAK Energy Technology, Inc. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 15, 2022 Annuncio • May 18
CBAK Energy Technology, Inc. announced delayed 10-Q filing On 05/17/2022, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • May 17
CBAK Energy Technology, Inc. to Report Q1, 2022 Results on May 19, 2022 CBAK Energy Technology, Inc. announced that they will report Q1, 2022 results Pre-Market on May 19, 2022 Annuncio • Apr 12
CBAK Energy Technology, Inc. to Report Q4, 2021 Results on Apr 14, 2022 CBAK Energy Technology, Inc. announced that they will report Q4, 2021 results Pre-Market on Apr 14, 2022 Annuncio • Apr 01
CBAK Energy Technology, Inc. announced delayed annual 10-K filing On 03/31/2022, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 19% share price gain to €1.17, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 53x in the Electrical industry in Germany. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 19% share price gain to €1.16, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 55x in the Electrical industry in Germany. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.15, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 55x in the Electrical industry in Germany. Total returns to shareholders of 113% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 15% share price gain to €1.77, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 49x in the Electrical industry in Germany. Total returns to shareholders of 211% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 15% share price gain to €1.77, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 49x in the Electrical industry in Germany. Total returns to shareholders of 211% over the past three years. Reported Earnings • Nov 16
Third quarter 2021 earnings released: EPS US$0.23 (vs US$0.001 in 3Q 2020) Third quarter 2021 results: Revenue: US$9.56m (down 10.0% from 3Q 2020). Net income: US$20.0m (up US$20.0m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 17
CBAK Energy Technology, Inc. announced delayed 10-Q filing On 08/16/2021, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • Apr 02
CBAK Energy Technology, Inc. announced delayed annual 10-K filing On 03/31/2021, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Annuncio • Mar 16
CBAK Energy Partners with a European Hydrogen Energy Giant to Promote Hydrogen Fuel Cell Development CBAK Energy Technology, Inc. announced that it has signed a memorandum of cooperation with a leading European hydrogen energy group with 100 years of operation history (the "Hydrogen Energy Company") to promote the development of hydrogen fuel cells. As part of the Cooperation, both parties will be able to capitalize on each other's competitive advantages in technological innovation and industrial resources as well as exchange ideas on industry development. At the same time, both parties will be able to actively explore more opportunities to collaborate on high-quality projects going forward, including but not limited to such areas as hydrogen fuel cell production, hydrogen fuel cell stack, hydrogen transportation, hydrogen storage, hydrogen refueling stations, and more. The signing of the Cooperation reflects the mutual belief between both parties that it is a win-win arrangement which will help to advance the broader technological and industrial development of society over the long run. Annuncio • Feb 20
CBAK Energy Technology, Inc. Develops Special 26650 Battery for Ultra-Low Temperature Application CBAK Energy Technology, Inc. announced that it has started the trial production of its special 26650 lithium battery (the "Special 26650 Battery"). Different from regular 26650 batteries that the company is currently manufacturing and selling, the Special 26650 Battery is a self-developed battery model specifically designed for application in ultra-low temperature environments. The Special 26650 Battery has delivered satisfactory test performance results to date, while the trial's production yield rate has also been very close to required level for mass production. The Company believes that it will be capable of achieving mass delivery of its Special 26650 Battery by the second half of 2021. The Company utilizes self-developed and customized materials that can be used in extreme environments as the core materials for its Special 26650 Battery. As a result, the Special 26650 Battery features a new ultra-low temperature system and can operate normally in ultra-low temperature environments. The Special 26650 Battery can function properly in temperatures as low as minus 40 to minus 50 degrees Celsius and can discharge at a maximum C-rate of 60C at room temperature. Capable of operating with high efficiency in low-temperature environments, the Special 26650 Battery has several use cases in high-latitude and high-altitude low temperature environments, such as energy storage in ultra-low-temperature environment, base stations, transportation, unmanned drones, aviation and aerospace areas, as well as other specific circumstances that require ultra-low-temperature cells. Annuncio • Feb 11
CBAK Energy Technology, Inc. has completed a Follow-on Equity Offering in the amount of $70.000012 million. CBAK Energy Technology, Inc. has completed a Follow-on Equity Offering in the amount of $70.000012 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 8,939,976
Price\Range: $7.83
Discount Per Security: $0.4698
Security Name: Series A-2 Warrants
Security Type: Equity Warrant
Securities Offered: 2,234,992
Security Name: Series B Warrants
Security Type: Equity Warrant
Securities Offered: 4,469,988
Transaction Features: Registered Direct Offering Annuncio • Feb 06
Nanjing CBAK New Energy Technology Co., Ltd. Signs Agreement with Sichuan Guohong Automobile Co., Ltd CBAK Energy Technology, Inc. announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology Co. Ltd. has signed an approximately $1.4 million product framework agreement to supply battery systems for 10.5m electric buses to Sichuan Guohong Automobile Co. Ltd. Annuncio • Jan 12
CBAK Energy Technology, Inc. Partners with Anhui Jianghuai Motors Group Co., Ltd Motors to Jointly Develop New Battery Cells CBAK Energy Technology, Inc. announced that it has signed a three-year strategic agreement with Anhui Jianghuai Motors Group Co. Ltd. for joint product development. JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Founded in 1964, JAC Motors is among the top four domestic Chinese vehicle brands, has an R&D team of 5,000 people, and is focused on producing energy-saving, environmentally friendly, safe, smart, Web-enabled, and comfortable vehicles. As a pioneer in China's alternative energy vehicle industry, JAC Motors currently provides an expansive electric vehicle product line encompassing SUVs, sedans, and other passenger vehicles. It owns a world-class battery cooling technology and is the sole producer of such technology in China. By the end of 2019, JAC Motors has exported over 640,000 vehicles to the international market. The strategic agreement that CBAK Energy has reached with JAC Motors will combine the former's extensive experience in the research, development, and manufacturing of battery cells with the latter's technology capabilities and electric vehicle industry leadership. By leveraging their shared expertise in product development and applications of both automotive power batteries and battery pack technologies, the two companies plan to jointly develop cylindrical lithium-ion batteries and battery packs, including the 46800 model. Pursuant to the Agreement, the Company will provide customized implementation solutions for power batteries and battery packs based on the latest technical requirements of JAC Motors. Additionally, the two companies will also establish a joint research and development team to design, test, and enhance the adaptability of their new products in electric vehicles. In addition, JAC Motors has committed to prioritizing the implementation of those batteries and battery pack systems jointly developed by the two companies for its future productions of electric vehicles. The partnership will leverage the Company's battery technology leadership and JAC Motors' world-class automotive R&D capabilities to accelerate the growth of both parties. More broadly, by working together, the two companies plan to advance the technology of automotive power batteries and actively explore the implementation of a partnership model that is both effective and capable of advancing their businesses going forward. Annuncio • Dec 03
Cbak and Nemtri Founded R&D Center to Explore the R&D and Application of Solid-State Batteries CBAK Energy Technology, Inc. announced that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD signed a strategic cooperation agreement with Changxing Sino-Russian New Energy and Material Technology Research Institute ("NEMTRI"), and founded the Power Battery Technology R&D Center (the "R&D Center"). The two parties will expand cooperation in the fields of solid-state battery, quasi solid-state battery, and new high performance electrochemical functional materials. Annuncio • Oct 05
CBAK Energy Technology, Inc. Successfully Developed Large-Sized Cylindrical Tabless Battery with 25% Boost in Energy Density and 20% Cost Saving CBAK Energy Technology, Inc. announced that its product release of 32140 large-sized cylindrical tabless battery has officially passed its technical and Pilot Plant tests which demonstrated its success in product research of this model. As the requirement of mass production on this product has been achieved, CBAK Energy is planning for the construction of new standardized production line which aims to achieve mass product delivery in the first half of 2021. The research and development 32140 large-sized cylindrical battery is the main focus of CBAK Energy in recent years. Compared to previous 26650 model, the energy capacity of one single cell increased 5 times as well as 25% increase in energy density and 20% reduction in cost per kilowatts. Meanwhile, the new model will have three different versions with three different anode systems in order to fulfill the need of different markets which are NCM, LiFePO4 and LiMn2O4. The tabless design of the battery has dramatically reduced its internal resistance which also sufficiently solved the problem of heat dissipation in large-sized lithium-ion battery. In comparison with Tesla's cathode tabless design in its 4680 model, CBAK's tabless design has been applied to both anode and cathode of the battery which greatly improved the performance of each single cell. By optimizing manufacturing process, the difficulty in electrolyte drenching has been accomplished which also solved the problem in design space loss when using tabless design. Annuncio • Jun 30
CBAK Energy Technology, Inc. announced delayed 10-Q filing On 06/29/2020, CBAK Energy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 
