CBAK Energy (CBAT) Revenue & Revenue Breakdown
CBAK Energy Revenue Highlights
Latest Revenue (Y)
$204.44M
Latest Revenue (Q)
$47.79M
Main Segment (Y)
TotalHighPowerLithiumBatteriesUsedMember
Main Geography (Y)
CHINA
CBAK Energy Revenue by Period
CBAK Energy Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $204.44M | -17.81% |
| 2022-12-31 | $248.73M | 372.24% |
| 2021-12-31 | $52.67M | 40.21% |
| 2020-12-31 | $37.57M | 69.26% |
| 2019-12-31 | $22.19M | -9.16% |
| 2018-12-31 | $24.43M | -58.14% |
| 2017-12-31 | $58.38M | 597.49% |
| 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 | $218.95M | 1.93% |
| 2010-09-30 | $214.80M | 1.73% |
| 2009-09-30 | $211.14M | -13.94% |
| 2008-09-30 | $245.35M | 68.21% |
| 2007-09-30 | $145.86M | 1.41% |
| 2006-09-30 | $143.83M | 41.12% |
| 2005-09-30 | $101.92M | 100.00% |
| 2004-12-31 | - | -100.00% |
| 2003-12-31 | $40.91K | 766.82% |
| 2002-12-31 | $4.72K | 100.00% |
| 2001-12-31 | - | 100.00% |
| 2000-12-31 | - | -100.00% |
| 1997-12-31 | $8.50M | 102.38% |
| 1996-12-31 | $4.20M | - |
CBAK Energy generated $204.44M in revenue during NA 2023, up -17.81% compared to the previous quarter, and up 836.72% compared to the same period a year ago.
CBAK Energy Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $47.79M | -18.75% |
| 2024-03-31 | $58.82M | 4.70% |
| 2023-12-31 | $56.18M | -11.45% |
| 2023-09-30 | $63.44M | 49.55% |
| 2023-06-30 | $42.42M | 0.06% |
| 2023-03-31 | $42.40M | -22.15% |
| 2022-12-31 | $54.46M | -5.65% |
| 2022-09-30 | $57.72M | 2.43% |
| 2022-06-30 | $56.35M | -29.74% |
| 2022-03-31 | $80.20M | 188.45% |
| 2021-12-31 | $27.80M | 190.75% |
| 2021-09-30 | $9.56M | 62.37% |
| 2021-06-30 | $5.89M | -37.46% |
| 2021-03-31 | $9.42M | -38.94% |
| 2020-12-31 | $15.42M | 45.19% |
| 2020-09-30 | $10.62M | 129.67% |
| 2020-06-30 | $4.62M | -32.99% |
| 2020-03-31 | $6.90M | 48.03% |
| 2019-12-31 | $4.66M | -42.37% |
| 2019-09-30 | $8.09M | 89.42% |
| 2019-06-30 | $4.27M | -17.42% |
| 2019-03-31 | $5.17M | -45.45% |
| 2018-12-31 | $9.48M | 69.62% |
| 2018-09-30 | $5.59M | -7.62% |
| 2018-06-30 | $6.05M | 82.63% |
| 2018-03-31 | $3.31M | -89.16% |
| 2017-12-31 | $30.57M | 72.21% |
| 2017-09-30 | $17.75M | 180.01% |
| 2017-06-30 | $6.34M | 70.59% |
| 2017-03-31 | $3.72M | 6.16% |
| 2016-12-31 | $3.50M | 1037.84% |
| 2016-09-30 | $307.65K | -77.42% |
| 2016-06-30 | $1.36M | -57.41% |
| 2016-03-31 | $3.20M | -41.84% |
| 2015-12-31 | $5.50M | 3.66% |
| 2015-09-30 | $5.31M | 116.35% |
| 2015-06-30 | $2.45M | -20.01% |
| 2015-03-31 | $3.07M | -0.42% |
| 2014-12-31 | $3.08M | 215.86% |
| 2014-09-30 | $974.83K | -97.97% |
| 2014-06-30 | $47.99M | 39.99% |
| 2014-03-31 | $34.28M | -19.09% |
| 2013-12-31 | $42.37M | 31.77% |
| 2013-09-30 | $32.15M | -29.48% |
| 2013-06-30 | $45.60M | 3.48% |
| 2013-03-31 | $44.07M | -30.86% |
| 2012-12-31 | $63.73M | 17.39% |
| 2012-09-30 | $54.29M | 15.90% |
| 2012-06-30 | $46.84M | 42.90% |
| 2012-03-31 | $32.78M | -54.32% |
| 2011-12-31 | $71.75M | 16.52% |
| 2011-09-30 | $61.58M | 30.67% |
| 2011-06-30 | $47.13M | 0.90% |
| 2011-03-31 | $46.71M | -26.48% |
| 2010-12-31 | $63.53M | 14.27% |
| 2010-09-30 | $55.59M | -5.06% |
| 2010-06-30 | $58.56M | 16.13% |
| 2010-03-31 | $50.42M | 0.39% |
| 2009-12-31 | $50.23M | -12.73% |
| 2009-09-30 | $57.55M | 28.78% |
| 2009-06-30 | $44.69M | 9.49% |
| 2009-03-31 | $40.81M | -40.06% |
| 2008-12-31 | $68.09M | -6.39% |
| 2008-09-30 | $72.74M | 6.21% |
| 2008-06-30 | $68.49M | 33.41% |
| 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/Service | Dec 21 |
|---|---|
| TradingOfRawMaterialsUsedInLithiumBatteriesMember | $519.80K |
| CathodeMember | $8.73M |
| PrecursorMember | $9.14M |
| ElectricVehiclesMember | $243.84K |
| TotalHighPowerLithiumBatteriesUsedMember | $34.80M |
| UninterruptableSuppliesMember | $33.31M |
| LightElectricVehiclesMember | $733.38K |
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/Service | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|
| ElectricVehiclesMember | $-6.00 | $309.00 | $6.00 | $396.00 | $100.98K |
| PrecursorMember | $4.11M | $36.81M | - | - | - |
| LightElectricVehiclesMember | $671.44K | $88.76K | $227.33K | $74.46K | $34.10K |
| UninterruptableSuppliesMember | $25.04M | $14.93M | $9.34M | $5.81M | $8.76M |
| TotalHighPowerLithiumBatteriesUsedMember | $25.72M | $15.02M | - | - | - |
| CathodeMember | $26.52M | $28.36M | - | - | - |
| 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
| Country | Dec 23 | Dec 22 |
|---|---|---|
| CHINA | $119.31M | - |
| UNITED STATES | $5.22K | $36.52K |
| Europe | $78.58M | $50.38M |
| Other Geographic Areas Member | - | $196.31K |
CBAK Energy's latest annual revenue breakdown by geography, as of Dec 23: CHINA (60.29%), Europe (39.71%), and UNITED STATES (0.00%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|
| CHINA | $23.69M | - | - | - | - | - | - | - | - |
| Europe | $32.89M | $50.67M | $10.64M | $17.26M | $13.47M | $15.03M | $1.04M | $490.49K | $1.79M |
| 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 Mar 24: Europe (58.13%), and CHINA (41.87%).
CBAK Energy Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| XPON | Expion360 | $10.39B | $971.86K |
| ENS | EnerSys | $3.58B | $910.72M |
| BE | Bloom Energy | $1.33B | $335.77M |
| MVST | Microvast | $306.62M | $83.67M |
| CBAT | CBAK Energy | $204.44M | $47.79M |
| FLUX | Flux Power | $66.34M | $14.46M |
| PPSI | Pioneer Power Solutions | $40.80M | $8.59M |
| SLDP | Solid Power | $17.41M | $5.08M |
| EOSE | Eos Energy Enterprises | $16.38M | $898.00K |
| POLA | Polar Power | $15.29M | $4.66M |
| GWH | ESS Tech | $7.54M | $348.00K |
| ENVX | Enovix | $263.00K | $200.00K |
| IPWR | Ideal Power | $198.87K | $78.74K |
| FREY | FREYR Battery | - | - |
| LTBR | Lightbridge | - | - |
| PLUG | Plug Power | - | $143.35M |
CBAT Revenue FAQ
What is CBAK Energy’s yearly revenue?
CBAK Energy's yearly revenue for 2023 was $204.44M, representing a decrease of -17.81% compared to 2022. The company's yearly revenue for 2022 was $248.73M, representing an increase of 372.24% compared to 2021. CBAT's yearly revenue for 2021 was $52.67M, representing an increase of 40.21% compared to 2020.
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 (2021-2023) was 288.15%, and for the last 5 years (2019-2023) was 821.13%.
What are CBAK Energy’s revenue streams?
CBAK Energy's revenue streams in c 21 are TradingOfRawMaterialsUsedInLithiumBatteriesMember, CathodeMember, PrecursorMember, ElectricVehiclesMember, TotalHighPowerLithiumBatteriesUsedMember, UninterruptableSuppliesMember, and LightElectricVehiclesMember. TradingOfRawMaterialsUsedInLithiumBatteriesMember generated $519.8K in revenue, accounting 0.59% of the company's total revenue CathodeMember generated $8.73M in revenue, accounting 9.98% of the company's total revenue PrecursorMember generated $9.14M in revenue, accounting 10.45% of the company's total revenue ElectricVehiclesMember generated $243.84K in revenue, accounting 0.28% of the company's total revenue TotalHighPowerLithiumBatteriesUsedMember generated $34.8M in revenue, accounting 39.79% of the company's total revenue UninterruptableSuppliesMember generated $33.31M in revenue, accounting 38.08% of the company's total revenue LightElectricVehiclesMember generated $733.38K in revenue, accounting 0.84% 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.