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CBAK Energy (CBAT) Revenue & Revenue Breakdown

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CBAK Energy Revenue Highlights

Latest Revenue (Y)

$176.61B

Latest Revenue (Q)

$47.79M

Main Segment (Y)

TotalHighPowerLithiumBatteriesUsedMember

Main Geography (Y)

CHINA

CBAK Energy Revenue by Period

CBAK Energy Revenue by Year

DateRevenueChange
2024-12-31$176.61B86290.15%
2023-12-31$204.44M-17.81%
2022-12-31$248.73M372.24%
2021-12-31$52.67M40.21%
2020-12-31$37.57M69.26%
2019-12-31$22.19M-9.16%
2018-12-31$24.43M-58.14%
2017-12-31$58.38M597.49%
2016-12-31$8.37M-39.81%
2015-09-30$13.90M-88.70%
2014-09-30$123.01M-33.70%
2013-09-30$185.55M-9.78%
2012-09-30$205.67M-6.07%
2011-09-30$218.95M1.93%
2010-09-30$214.80M1.73%
2009-09-30$211.14M-13.94%
2008-09-30$245.35M68.21%
2007-09-30$145.86M1.41%
2006-09-30$143.83M41.12%
2005-09-30$101.92M100.00%
2004-12-31--100.00%
2003-12-31$40.91K766.82%
2002-12-31$4.72K100.00%
2001-12-31-100.00%
2000-12-31--100.00%
1997-12-31$8.50M102.38%
1996-12-31$4.20M-

CBAK Energy generated $176.61B in revenue during NA 2024, up 86290.15% compared to the previous quarter, and up 795763.90% compared to the same period a year ago.

CBAK Energy Revenue by Quarter

DateRevenueChange
2024-06-30$47.79M-18.75%
2024-03-31$58.82M4.70%
2023-12-31$56.18M-11.45%
2023-09-30$63.44M49.55%
2023-06-30$42.42M0.06%
2023-03-31$42.40M-22.15%
2022-12-31$54.46M-5.65%
2022-09-30$57.72M2.43%
2022-06-30$56.35M-29.74%
2022-03-31$80.20M188.45%
2021-12-31$27.80M190.75%
2021-09-30$9.56M62.37%
2021-06-30$5.89M-37.46%
2021-03-31$9.42M-38.94%
2020-12-31$15.42M45.19%
2020-09-30$10.62M129.67%
2020-06-30$4.62M-32.99%
2020-03-31$6.90M48.03%
2019-12-31$4.66M-42.37%
2019-09-30$8.09M89.42%
2019-06-30$4.27M-17.42%
2019-03-31$5.17M-45.45%
2018-12-31$9.48M69.62%
2018-09-30$5.59M-7.62%
2018-06-30$6.05M82.63%
2018-03-31$3.31M-89.16%
2017-12-31$30.57M72.21%
2017-09-30$17.75M180.01%
2017-06-30$6.34M70.59%
2017-03-31$3.72M6.16%
2016-12-31$3.50M1037.84%
2016-09-30$307.65K-77.42%
2016-06-30$1.36M-57.41%
2016-03-31$3.20M-41.84%
2015-12-31$5.50M3.66%
2015-09-30$5.31M116.35%
2015-06-30$2.45M-20.01%
2015-03-31$3.07M-0.42%
2014-12-31$3.08M215.86%
2014-09-30$974.83K-97.97%
2014-06-30$47.99M39.99%
2014-03-31$34.28M-19.09%
2013-12-31$42.37M31.77%
2013-09-30$32.15M-29.48%
2013-06-30$45.60M3.48%
2013-03-31$44.07M-30.86%
2012-12-31$63.73M17.39%
2012-09-30$54.29M15.90%
2012-06-30$46.84M42.90%
2012-03-31$32.78M-54.32%
2011-12-31$71.75M16.52%
2011-09-30$61.58M30.67%
2011-06-30$47.13M0.90%
2011-03-31$46.71M-26.48%
2010-12-31$63.53M14.27%
2010-09-30$55.59M-5.06%
2010-06-30$58.56M16.13%
2010-03-31$50.42M0.39%
2009-12-31$50.23M-12.73%
2009-09-30$57.55M28.78%
2009-06-30$44.69M9.49%
2009-03-31$40.81M-40.06%
2008-12-31$68.09M-6.39%
2008-09-30$72.74M6.21%
2008-06-30$68.49M33.41%
2008-03-31$51.34M-

CBAK Energy generated $47.79M in revenue during Q2 2024, up -18.75% compared to the previous quarter, and up 112.73% compared to the same period a year ago.

CBAK Energy Revenue Breakdown

CBAK Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 21
LightElectricVehiclesMember$733.38K
CathodeMember$8.73M
TradingOfRawMaterialsUsedInLithiumBatteriesMember$519.80K
UninterruptableSuppliesMember$33.31M
ElectricVehiclesMember$243.84K
PrecursorMember$9.14M
TotalHighPowerLithiumBatteriesUsedMember$34.80M

CBAK Energy's latest annual revenue breakdown by segment (product or service), as of Dec 21: TotalHighPowerLithiumBatteriesUsedMember (39.79%), UninterruptableSuppliesMember (38.08%), PrecursorMember (10.45%), CathodeMember (9.98%), LightElectricVehiclesMember (0.84%), TradingOfRawMaterialsUsedInLithiumBatteriesMember (0.59%), and ElectricVehiclesMember (0.28%).

Quarterly Revenue by Product

Product/ServiceJun 22Mar 22Sep 21Jun 21Mar 21
TotalHighPowerLithiumBatteriesUsedMember$25.72M$15.02M---
UninterruptableSuppliesMember$25.04M$14.93M$9.34M$5.81M$8.76M
PrecursorMember$4.11M$36.81M---
CathodeMember$26.52M$28.36M---
LightElectricVehiclesMember$671.44K$88.76K$227.33K$74.46K$34.10K
ElectricVehiclesMember$-6.00$309.00$6.00$396.00$100.98K
OthersMember--$9.56M$5.89M-
RawMaterialsUsedInLithiumBatteriesMember--$-295.00$1.16K-
RawMaterialsusedinLithiumBatteriesMember----$517.39K

CBAK Energy's latest quarterly revenue breakdown by segment (product or service), as of Jun 22: CathodeMember (32.32%), TotalHighPowerLithiumBatteriesUsedMember (31.34%), UninterruptableSuppliesMember (30.52%), PrecursorMember (5.01%), LightElectricVehiclesMember (0.82%), and ElectricVehiclesMember (-0.00%).

CBAK Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22
CHINA$98.93M$119.31M-
Europe$65.75M$78.58M$50.38M
UNITED STATES-$5.22K$36.52K
Other Geographic Areas Member--$196.31K

CBAK Energy's latest annual revenue breakdown by geography, as of Dec 24: CHINA (60.07%), and Europe (39.93%).

Quarterly Revenue by Country

CountryDec 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Sep 21Jun 21Mar 21
Europe$32.85M$32.89M$50.67M$10.64M$17.26M$13.47M$15.03M$1.04M$490.49K$1.79M
CHINA$75.23M$23.69M--------
Other Geographic Areas Member---$439.94K$590.68K$-8.63K$150.52K---
OtherGeographicAreasMember-------$216.94K$22.22K$1.21K
MainlandChinaMember-------$8.30M$5.38M$7.63M

CBAK Energy's latest quarterly revenue breakdown by geography, as of Dec 24: CHINA (69.61%), and Europe (30.39%).

CBAK Energy Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CBATCBAK Energy$176.61B$47.79M
XPONExpion360$5.62B$1.39M
ENSEnerSys$3.58B$906.15M
BEBloom Energy$1.47B$330.40M
PLUGPlug Power$628.81M$143.35M
MVSTMicrovast$379.80M$101.39M
FLUXFlux Power$60.82M$16.83M
PPSIPioneer Power Solutions$22.88M$6.34M
SLDPSolid Power$20.14M$15.68M
EOSEEos Energy Enterprises$15.61M$854.00K
POLAPolar Power$13.97M$4.91M
GWHESS Tech$6.29M$348.00K
ENVXEnovix$263.00K$3.77M
IPWRIdeal Power$86.03K$78.74K
FREYFREYR Battery--
LTBRLightbridge--

CBAT Revenue FAQ

What is CBAK Energy’s yearly revenue?

CBAK Energy's yearly revenue for 2024 was $176.61B, representing an increase of 86290.15% compared to 2023. The company's yearly revenue for 2023 was $204.44M, representing a decrease of -17.81% compared to 2022. CBAT's yearly revenue for 2022 was $248.73M, representing an increase of 372.24% compared to 2021.

What is CBAK Energy’s quarterly revenue?

CBAK Energy's quarterly revenue for Q2 2024 was $47.79M, a -18.75% decrease from the previous quarter (Q1 2024), and a 12.66% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $58.82M, a 4.70% increase from the previous quarter (Q4 2023), and a 38.74% increase year-over-year (Q1 2023). CBAT's quarterly revenue for Q4 2023 was $56.18M, a -11.45% decrease from the previous quarter (Q3 2023), and a 3.16% increase year-over-year (Q4 2022).

What is CBAK Energy’s revenue growth rate?

CBAK Energy's revenue growth rate for the last 3 years (2022-2024) was 70907.85%, and for the last 5 years (2020-2024) was 470042.93%.

What are CBAK Energy’s revenue streams?

CBAK Energy's revenue streams in c 21 are LightElectricVehiclesMember, CathodeMember, TradingOfRawMaterialsUsedInLithiumBatteriesMember, UninterruptableSuppliesMember, ElectricVehiclesMember, PrecursorMember, and TotalHighPowerLithiumBatteriesUsedMember. LightElectricVehiclesMember generated $733.38K in revenue, accounting 0.84% of the company's total revenue CathodeMember generated $8.73M in revenue, accounting 9.98% of the company's total revenue TradingOfRawMaterialsUsedInLithiumBatteriesMember generated $519.8K in revenue, accounting 0.59% of the company's total revenue UninterruptableSuppliesMember generated $33.31M in revenue, accounting 38.08% of the company's total revenue ElectricVehiclesMember generated $243.84K in revenue, accounting 0.28% of the company's total revenue PrecursorMember generated $9.14M in revenue, accounting 10.45% of the company's total revenue TotalHighPowerLithiumBatteriesUsedMember generated $34.8M in revenue, accounting 39.79% of the company's total revenue

What is CBAK Energy’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of CBAK Energy was TotalHighPowerLithiumBatteriesUsedMember. This segment made a revenue of $34.8M, representing 39.79% of the company's total revenue.