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CBAK Energy (CBAT) Revenue & Revenue Breakdown

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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

DateRevenueChange
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 $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

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
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/ServiceJun 22Mar 22Sep 21Jun 21Mar 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

CountryDec 23Dec 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

CountryMar 24Dec 23Jun 23Mar 23Dec 22Sep 22Sep 21Jun 21Mar 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

TickerCompanyLast Year RevenueLast Quarter Revenue
XPONExpion360$10.39B$971.86K
ENSEnerSys$3.58B$883.67M
BEBloom Energy$1.33B$330.40M
MVSTMicrovast$306.62M$83.67M
CBATCBAK Energy$204.44M$47.79M
FLUXFlux Power$66.34M$14.46M
PPSIPioneer Power Solutions$40.80M$6.34M
SLDPSolid Power$17.41M$15.68M
EOSEEos Energy Enterprises$16.38M$854.00K
POLAPolar Power$15.29M$4.66M
GWHESS Tech$7.54M$348.00K
ENVXEnovix$263.00K$3.77M
IPWRIdeal Power$198.87K$78.74K
FREYFREYR Battery--
LTBRLightbridge--
PLUGPlug 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.