Form 8-K

8-K — CBAK Energy Technology, Inc.

Accession: 0001213900-26-035899

Filed: 2026-03-30

Period: 2026-03-30

CIK: 0001117171

SIC: 3690 (MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — ea0283827-8k_cbak.htm (Primary)

EX-99.1 — PRESS RELEASE DATED MARCH 30, 2026 (ea028382701ex99-1.htm)

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8-K — CURRENT REPORT

8-K (Primary)

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0001117171

2026-03-30

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported):

March 30, 2026

CBAK ENERGY TECHNOLOGY, INC.

(Exact name of registrant as specified in its charter)

Nevada

001-32898

86-0442833

(State or other jurisdiction

of incorporation)

(Commission File No.)

(IRS Employer

Identification No.)

BAK Industrial Park, Meigui Street

Huayuankou Economic Zone

Dalian, China, 116450

(Address, including zip code, of principal executive offices)

(86)(411)-3918-5985

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Securities registered or to be registered pursuant

to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.001 par value

CBAT

The Nasdaq Stock Market

Check the appropriate box below if the Form 8-K filing is intended

to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.

below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities

Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

If an

emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for

complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 2.02. Results of Operations

and Financial Condition.

March 30, 2026, CBAK Energy Technology, Inc. (the “Company”) released its unaudited results of operations for the full year

ended December 31, 2025. A copy of the press release issued by the Company concerning the foregoing results is furnished hereto as Exhibit

99.1.

The

information in Item 2.02 of this Current Report on Form 8-K and the exhibit attached hereto are intended to be “furnished”

and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise

subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. Except as shall be expressly

set forth by specific reference in such filing, the information contained herein and in the accompanying exhibit shall not be incorporated

by reference into any filing with the Securities and Exchange Commission made by the Company, whether made before or after the date hereof,

regardless of any general incorporation language in such filing.

ITEM 9.01. Financial Statements

and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Press Release dated March 30, 2026

104

Cover Page Interactive Data File (embedded with the

Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934,

the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CBAK ENERGY TECHNOLOGY, INC.

Date: March 30, 2026

By:

/s/Jiewei Li

Jiewei Li

Chief Financial Officer

EX-99.1 — PRESS RELEASE DATED MARCH 30, 2026

EX-99.1

Filename: ea028382701ex99-1.htm · Sequence: 2

Exhibit 99.1

CBAK Energy Reports Fourth Quarter and Full Year 2025 Unaudited

Financial Results

DALIAN, China, March 30, 2026 (GLOBE NEWSWIRE) -- CBAK Energy Technology,

Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”), a leading lithium-ion battery manufacturer and electric

energy solution provider in China, today reported its unaudited financial results for the fourth quarter and full year ended December

31, 2025.

Fourth Quarter and Full Year 2025 Financial and Operational Highlights

● Fourth Quarter Consolidated Net Revenues achieved an explosive 131.8% year-over-year growth, reaching $58.80 million, compared

to $25.37 million in the fourth quarter of 2024. This hyper-growth in the top line effectively decoupled from the temporary bottom-line

pressures caused by ongoing capacity transitions.

● Fourth Quarter Net Revenues from Light Electric Vehicles (LEV) skyrocketed by 524.1% year-over-year to $12.92 million, compared

to $2.07 million in the prior year period. This single-quarter surge solidly validates the Company’s aggressive and successful penetration

into high-demand international markets, particularly India, Vietnam and Africa.

● Fourth Quarter Net Revenues from the Battery Raw Materials Segment (Hitrans) delivered an unprecedented 944.1% year-over-year

hyper-growth, surging to $27.98 million from $2.68 million in the fourth quarter of 2024. This exceptional single-quarter performance

confirms that the raw material pricing cycle has powerfully rebounded, acting as a critical counter-cyclical stabilizer for the Company’s

consolidated top line.

● Full Year Consolidated Net Revenues reached $195.19 million, representing an 11% increase compared to $176.61 million in the

fiscal year 2024. This top-line growth was primarily driven by a robust recovery in the battery raw materials segment and explosive growth

in Light Electric Vehicle (LEV) battery sales.

● Net Revenues from the Battery Raw Materials Segment (Hitrans) surged by 123% year-over-year to $89.21 million for the full

year 2025, compared to $40.03 million in 2024. This segment benefited significantly from an ongoing upward cycle in raw material prices,

which catalyzed a sharp operational rebound beginning in the third quarter of 2025.

● Net Revenues from Batteries used in Light Electric Vehicles (LEV) soared by 252.4% year-over-year to $36.36 million for the

full year 2025, up from $10.32 million in 2024, demonstrating successful penetration into international markets, particularly in India,

Vietnam and Africa.

● Strategic Capacity Expansion and Product Portfolio Upgrade: The Company successfully launched a new production line for the

Model 40135 at the Dalian facility by the end of 2025, adding approximately 2.3 GWh of annual capacity to the existing 1.0 GWh capacity

from three legacy 26-series lines. Concurrently, the Company added two new production lines for the Model 32140 at the Nanjing Phase II

facility, contributing an additional 3.0 GWh of capacity to complement the 1.5 GWh already operational in Phase I. Both new facilities

are currently in an intensive capacity ramp-up phase, with demand vastly exceeding current supply. Concurrently, the R&D pipeline

has been accelerated to commercialize next-generation large-format cylindrical cells, specifically the 60115, 60135, and 60150 models.

Management Remarks

Zhiguang Hu, Chief Executive Officer of CBAK Energy, commented, “The

fiscal year 2025 was a definitive transitional period for CBAK Energy, characterized by a comprehensive structural upgrade of our product

portfolio and a deliberate pivot toward next-generation form factors. At our Dalian facility, our customers are actively transitioning

from our legacy 26-series batteries—a product line with over a decade of history—to our newly introduced, highly advanced

Model 40135 cells. To support this, we successfully commissioned a new 40135 production line with a 2.3 GWh capacity at the end of 2025.

The market reception has been unprecedented; demand for the 40135 cells currently far exceeds our available supply, and our order book

heavily outpaces our current ramp-up trajectory. While the initial capacity ramp-up phase inherently carries higher unit costs that have

temporarily suppressed our gross margins and short-term profitability, this is a necessary and highly strategic investment. As our customers

complete their transition to the Model 40135 throughout 2026 and 2027, we anticipate a dramatic and sustained resurgence in both top-line

revenue and bottom-line profitability. Importantly, we have proactively engineered a strategic response to the impending phase-out of

the PRC’s export tax rebate policy for lithium-ion batteries—which reduces rebates to 6% in 2026 and zeroes out by 2027. By

officially establishing our Malaysian manufacturing subsidiary in April 2025, we are constructing an unassailable overseas supply chain

firewall. This strategic maneuver ensures that our expanding international margins will remain completely insulated from domestic tariff

dynamics, cementing our competitive superiority on the global stage.”

Jiewei Li, Director and Chief Financial Officer, added, “From

a financial perspective, 2025 demonstrated the resilient, dialectical nature of our vertically integrated business model. While our battery

segment faced margin compression due to the aggressive ramp-up of new production lines in both Dalian and Nanjing, as well as rising raw

material costs, our Hitrans raw materials segment capitalized on this exact macroeconomic environment. Benefiting from the upward cycle

in raw material prices, Hitrans experienced a powerful rebound starting in the third quarter of 2025, driving its full-year revenues up

123% to $89.21 million. Furthermore, to alleviate the severe supply shortages for our highly sought-after Model 32140 cells, we successfully

launched two new production lines at our Nanjing Phase II facility at the end of 2025, adding 3.0 GWh of much-needed capacity. While

the Nanjing Phase II expansion also incurs high initial ramp-up costs that currently weigh on the facility’s overall performance, we expect

to complete this ramp-up by early 2027, leading to a significant operational turnaround. Looking ahead, driven by the insatiable demand

for our new battery cells, the completion of our capacity ramp-ups, and the continuing strength of Hitrans, we confidently project that

the Group’s consolidated sales will hit a record high in 2026.”

Fourth Quarter 2025 Financial Results

Note: Fourth quarter financial results are derived by mathematically

subtracting the Company’s unaudited financial results for the first nine months ended September 30, from the audited financial results

for the full year ended December 31.

Net revenues for the fourth quarter of 2025 were $58.80 million,

representing a 131.8% increase compared to $25.37 million in the fourth quarter of 2024.

Detailed revenues from our Battery Business and Hitrans segment in

the fourth quarter are as follows:

Net Revenues by Segment & Application

Q4 2024

($)

Q4 2025

($)

YoY Change (%)

Battery Business Total

22,691,017

30,820,808

35.8 %

- Electric Vehicles

668,996

59,244

-91.1 %

- Light Electric Vehicles (LEV)

2,069,739

12,919,284

524.2 %

- Residential Energy Supply & UPS

19,952,282

17,842,280

-10.6 %

Hitrans (Battery Materials) Total

2,679,874

27,981,704

944.1 %

Consolidated Total Net Revenues

25,370,891

58,802,512

131.8 %

Net revenues from the Battery Business were $30.82 million in

the fourth quarter of 2025, an increase of 35.8% from $22.69 million in the fourth quarter of 2024. Despite the temporary disruption caused

by the phase−out of the legacy Model 26650 cells at the Dalian facilities,

which resulted in a 10.6% decrease in the energy storage sector, the Company successfully offset this decline through explosive international

growth. Specifically, revenues from Light Electric Vehicles (LEV) skyrocketed by 524.2% to $12.92 million in the fourth quarter, up from

just $2.07 million in Q4 2024.

Net revenues from the Hitrans segment were $27.98 million in

the fourth quarter of 2025, a massive 944.1% surge from $2.68 million in the fourth quarter of 2024. This hyper-growth directly reflects

the escalating upward cycle of raw material pricing which fully materialized toward the end of the year, alongside robust downstream order

placements.

Cost of revenues for the fourth quarter of 2025 was $54.52 million,

an increase of 147.1% compared to $22.06 million in the fourth quarter of 2024.

Gross profit for the fourth quarter of 2025 was $4.28 million,

representing a gross margin of 7.3%, compared to a gross profit of $3.31 million and a margin of 13.1% in the fourth quarter of 2024.

The sharp margin compression in Q4 2025 was fundamentally driven by the intensive transitional period at both Dalian and Nanjing. The

friction costs, sub-optimal yields, and disproportionately high fixed-cost absorption inherent to the initial ramp-up phase of the new

Model 40135 and Phase II Model 32140 production lines heavily burdened the quarterly gross margin.

Research and development (R&D) expenses in the fourth quarter

were aggressively expanded to $5.30 million, compared to $3.80 million in the prior year period. This reflects focused capital deployment

into materials and testing to perfect the new 40-series and 60-series cells.

Sales and marketing expenses were $1.90 million in the fourth

quarter, compared to $1.08 million in the fourth quarter of 2024.

General and administrative (G&A) expenses were $5.17 million

in the fourth quarter, up from $3.95 million in Q4 2024, absorbing the heightened personnel, utilities, and trial-run administrative overhead

associated with commissioning the new lines.

Operating loss for the fourth quarter of 2025 was $8.01 million,

compared to an operating loss of $6.59 million in the fourth quarter of 2024.

Net loss attributable to shareholders of CBAK Energy for the

fourth quarter of 2025 was $7.38 million, compared to a net loss of $4.51 million in the fourth quarter of 2024.

Full Year 2025 Financial Results

Net revenues for the fiscal year ended December 31, 2025, were

$195.19 million, representing an 11% increase compared to $176.61 million in the fiscal year 2024.

Detailed revenues from our Battery Business and Hitrans segment are

as follows:

Net Revenues by Segment & Application

FY 2024

($)

FY 2025

($)

YoY Change (%)

Battery Business Total

136,588,803

105,982,389

-22 %

- Electric Vehicles

1,681,651

796,173

-53 %

- Light Electric Vehicles (LEV)

10,319,176

36,363,411

252 %

- Residential Energy Supply & UPS

124,587,976

68,822,805

-45 %

Hitrans (Battery Materials) Total

40,025,806

89,206,917

123 %

Consolidated Total Net Revenues

176,614,609

195,189,306

11 %

Net revenues from the Battery Business were $105.98 million,

a decrease of 22% from $136.59 million in 2024. This decline was primarily attributable to the strategic phase-out of the legacy Model

26650 cells at the Dalian facilities, which predominantly served the residential energy supply and UPS sectors. Sales in this specific

sub-sector declined by 45% to $68.82 million as customers entered a transitional phase to validate the new Model 40135. Conversely, revenues

from Light Electric Vehicles (LEV) surged by 252% to $36.36 million, driven by aggressive international expansion.

Net revenues from the Hitrans segment were $89.21 million, an

increase of 123% from $40.03 million in 2024, reflecting the successful acquisition of new customers and a highly favorable raw material

pricing environment.

Cost of revenues increased to $176.77 million for the fiscal

year ended December 31, 2025, compared to $134.84 million in 2024, an increase of 31.1%. This included $6.61 million in inventory write-downs.

Gross profit was $18.42 million, representing a gross margin

of 9.4%, compared to a gross profit of $41.78 million and a margin of 23.7% in 2024. The contraction in gross margin was primarily due

to the transition period at the Dalian and Nanjing facilities. The lower utilization of legacy lines combined with the high initial fixed

costs and inefficiencies inherent in ramping up the new Model 40135 and Model 32140 production lines resulted in elevated unit production

costs. The Company expects gross margins to recover sequentially as production yields optimize and economies of scale are realized on

the new lines. Gross profit for the Battery Business was $13.73 million, while Hitrans generated a gross profit of $4.70 million.

Research and development (R&D) expenses were $15.80 million,

an increase of 21% from $13.01 million in 2024. The increase reflects intensified investments in materials and consumables for the development

of the 40-series and 60-series batteries, alongside increased R&D headcount at the Dalian and Nanjing facilities.

Sales and marketing expenses remained tightly controlled at

$5.08 million, compared to $5.20 million in 2024.

General and administrative (G&A) expenses were $16.20 million,

up 16% from $13.95 million in 2024, driven by increased salaries, social insurance, utilities, and depreciation associated with the staffing

and commissioning of the new production lines.

Operating loss for the fiscal year 2025 was $18.44 million,

compared to an operating income of $8.79 million in 2024.

Net loss attributable to shareholders of CBAK Energy was $9.38

million, compared to a net income of $11.79 million in the prior year.

Liquidity and Capital Resources

As of December 31, 2025, the Company had cash and cash equivalents

and restricted cash of $75.68 million, compared to $60.79 million as of December 31, 2024. Net cash provided by operating activities was

$48.55 million for the year ended December 31, 2025, compared to $39.70 million in 2024, primarily attributable to improved working capital

management, including a $63.66 million increase in trade and bills payable. Capital expenditures for the year ended December 31, 2025,

were $44.65 million, primarily utilized for the construction and equipping of the new production facilities in Dalian, Nanjing, Zhejiang,

and Anhui.

Conference Call

CBAK Energy’s management will host an earnings conference call at 8:00

AM U.S. Eastern Time on Monday, March 30, 2026 (8:00 PM Beijing/Hong Kong Time on March 30, 2026).

For participants who wish to join our call online, please visit: https://edge.media-server.com/mmc/p/j8363xzj

Participants who plan to ask questions during the call will need to

register at least 15 minutes prior to the scheduled call start time using the link provided below. Upon registration, participants will

receive the conference call access information, including dial-in numbers, a unique pin, and an email with detailed instructions.

Participant Online Registration:

https://register-conf.media-server.com/register/BI24afc22816694600a9ddc91793bbf26e

Once completing the registration, please dial-in at least 10 minutes

before the scheduled start time of the conference call and enter the personal pin as instructed to connect to the call.

A replay of the conference call may be accessed within seven days after

the conclusion of the live call at the following website: https://edge.media-server.com/mmc/p/j8363xzj

The earnings release and the link for the replay are available at ir.cbak.com.cn.

About CBAK Energy

CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech

enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well

as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and

solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK

Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries

in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.

For more information, please visit ir.cbak.com.cn

Safe Harbor Statement

This press release contains “forward-looking statements”

that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release,

including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future

operations, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E

of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including

“anticipates,” “believes,” “can,” “continue,” “could,” “estimates,”

“expects,” “intends,” “may,” “plans,” “potential,” “predicts,”

“should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ

materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.

Any forward-looking statements contained in this press release are

only estimates or predictions of future events based on information currently available to our management and management’s current beliefs

about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve

our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject

to numerous risks. There are a significant number of factors that could cause actual results to differ materially from statements made

in this press release, including: significant legal and operational risks associated with having substantially all of our business operations

in China, the effects of global economic conditions, changes in domestic and foreign laws, regulations and taxes, the volatility of the

securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the

uncertain markets for the Company’s products and business, macroeconomic, technological, regulatory, or other factors affecting the profitability

of our products and solutions that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and

Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual

Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and

the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions

prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements

expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of

the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other

than as required by applicable law.

For further inquiries, please contact:

CBAK Energy Technology, Inc.

Investor Relations Department

Email: ir@cbak.com.cn

CBAK Energy Technology, Inc. and Subsidiaries

Consolidated Balance Sheets

As of December 31, 2024 and 2025

(Unaudited)

(In US$ except for number of shares)

December 31,

2024

December 31,

2025

Assets

Current assets

Cash and cash equivalents

$ 6,724,360

$ 8,301,149

Pledged deposits

54,061,642

67,376,113

Term deposits

4,237,090

Trade and bills receivable, net

32,938,918

38,405,398

Inventories

22,851,027

50,602,287

Prepayments and other receivables

20,004,966

15,170,915

Receivables from former subsidiary

12,399

4,389

Income tax recoverable

566,458

778,460

Total current assets

141,396,860

180,638,711

Property, plant and equipment, net

85,486,829

179,058,801

Construction in progress

42,526,859

32,046,421

Long-term investments, net

2,246,494

2,485,580

Prepaid land use rights

11,075,973

12,308,864

Intangible assets, net

382,962

71,654

Deposit paid for acquisition of long-term investments

15,864,318

16,503,014

Operating lease right-of-use assets, net

3,237,849

3,068,591

Total assets

$ 302,218,144

$ 426,181,636

Liabilities

Current liabilities

Trade and bills payable

$ 84,724,386

$ 153,345,745

Short-term bank borrowings

26,087,350

28,532,938

Other short-term loans

335,715

337,156

Accrued expenses and other payables

58,285,635

113,651,948

Payable to a former subsidiary, net

419,849

407,506

Deferred government grants, current

556,214

578,606

Product warranty provisions

23,426

339,136

Operating lease liability, current

1,268,405

1,347,803

Finance lease liability, current

1,307,170

Total current liabilities

171,700,980

299,848,008

Long-term bank borrowings

4,118,628

Deferred government grants, non-current

7,580,255

10,195,428

Product warranty provisions

420,688

446,553

Operating lease liability, non-current

2,449,056

2,093,428

Total liabilities

182,150,979

316,702,04

Commitments and contingencies

Shareholders’ equity

Common stock $0.001 par value; 500,000,000 authorized; 90,083,396 issued and 89,939,190 outstanding as of December 31, 2024; 88,645,836 issued and outstanding as of December 31, 2025

90,083

88,646

Donated shares

14,101,689

7,955,358

Additional paid-in capital

247,842,445

248,500,176

Statutory reserves

1,230,511

3,042,602

Accumulated deficit

(122,605,730 )

(133,795,940 )

Accumulated other comprehensive loss

(14,919,345 )

(13,112,769 )

125,739,653

112,678,073

Less: Treasury shares

(4,066,610 )

Total shareholders’ equity

121,673,043

112,678,073

Non-controlling interests

(1,605,878 )

(3,198,482 )

Total equity

120,067,165

109,479,591

Total liabilities and shareholder’s equity

$ 302,218,144

$ 426,181,636

CBAK Energy Technology, Inc. and Subsidiaries

Consolidated Statements of Operations and Comprehensive

Income (Loss)

For the years ended December 31, 2024 and 2025

(Unaduited)

(In US$ except for number of shares)

Year ended

December 31,

2024

December 31,

2025

Net revenues

$ 176,614,609

$ 195,189,306

Cost of revenues

(134,839,364 )

(176,766,718 )

Gross profit

41,775,245

18,422,588

Operating expenses:

Research and development expenses

(13,010,082 )

(15,801,613 )

Sales and marketing expenses

(5,197,888 )

(5,076,891 )

General and administrative expenses

(13,947,727 )

(16,195,504 )

Impairment charge on long-lived assets

(475,220 )

Allowance of credit losses and bad debts written off

(356,179 )

210,177

Total operating expenses

(32,987,096 )

(36,863,831 )

Operating income (loss)

8,788,149

(18,441,243 )

Finance income (expenses), net

1,283,090

(673,344 )

Other income, net

1,045,552

8,272,923

Share of (loss) income of equity investee

(18,777 )

145,097

Gain on disposal on equity investee

45,749

Loss on derivatives instruments

(440,054 )

Income (loss) before income tax

11,143,763

(11,136,621 )

Income tax expenses

(1,558,613 )

184,686

Net income (loss)

9,585,150

(10,951,935 )

Less: Net loss attributable to non-controlling interests

2,204,882

1,573,816

Net income (loss) attributable to shareholders of CBAK Energy Technology, Inc.

$ 11,790,032

$ (9,378,119 )

Net income (loss)

9,585,150

(10,951,935 )

Other comprehensive loss

– Foreign currency translation adjustment

(3,352,974 )

1,787,788

Comprehensive income (loss)

6,232,176

(9,164,147 )

Less: Comprehensive loss attributable to non-controlling interests

2,239,914

1,592,604

Comprehensive income (loss) attributable to CBAK Energy Technology, Inc.

$ 8,472,090

$ (7,571,543 )

Income (loss) per share

– Basic

$ 0.13

$ (0.10 )

– Diluted

$ 0.13

$ (0.10 )

Weighted average number of shares of common stock:

– Basic

89,928,357

89,247,119

– Diluted

90,158,312

89,247,119

XML — IDEA: XBRL DOCUMENT

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Filename: R1.htm · Sequence: 7

v3.26.1

Cover

Mar. 30, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Mar. 30, 2026

Entity File Number

001-32898

Entity Registrant Name

CBAK ENERGY TECHNOLOGY, INC.

Entity Central Index Key

0001117171

Entity Tax Identification Number

86-0442833

Entity Incorporation, State or Country Code

Entity Address, Address Line One

BAK Industrial Park

Entity Address, Address Line Two

Meigui Street

Entity Address, Address Line Three

Huayuankou Economic Zone

Entity Address, City or Town

Dalian

Entity Address, Country

Entity Address, Postal Zip Code

116450

City Area Code

Local Phone Number

3918-5985

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock, $0.001 par value

Trading Symbol

CBAT

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 3 such as an Office Park

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine3

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

ISO 3166-1 alpha-2 country code.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCountry

Namespace Prefix:

dei_

Data Type:

dei:countryCodeItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

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Balance Type:

Period Type:

duration