CBAT (CBAK Energy Technology) Debt-to-Equity: 0.49 (As of Mar. 2026) — 48% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CBAT CBAK Energy Technology Ltd CBAT
49 GF Score
Price $0.70
GF Value $1.49
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is CBAK Energy Technology Debt-to-Equity?

CBAK Energy Technology CBAT +0.47% 49 Debt-to-Equity is 0.49 as of Mar. 2026, which is 48% above its 10-year median of 0.33. GuruFocus rates CBAT with a GF Score™ of 49/100 and a GF Value™ of $1.49 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,688 Industrial Products companies, CBAK Energy Technology ranks worse than 67.34% on this metric.

CBAK Energy Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $41.0 Mil. CBAK Energy Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $10.0 Mil. CBAK Energy Technology's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $105.2 Mil. CBAK Energy Technology's debt to equity for the quarter that ended in Mar. 2026 was 0.49.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CBAK Energy Technology's Debt-to-Equity or its related term are showing as below:

CBAT' s Debt-to-Equity Range Over the Past 10 Years
Min: -248.72   Med: 0.33   Max: 121.97
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of CBAK Energy Technology was 121.97. The lowest was -248.72. And the median was 0.33.

CBAT's Debt-to-Equity is ranked worse than
67.34% of 2688 companies
in the Industrial Products industry
Industry Median: 0.29 vs CBAT: 0.49

CBAK Energy Technology  (NAS:CBAT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CBAK Energy Technology Debt-to-Equity Related Terms


CBAK Energy Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CBAK Energy Technology's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CBAK Energy Technology Debt-to-Equity Chart

CBAK Energy Technology Annual Data
Trend Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.15 0.32 0.25 0.34

CBAK Energy Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.36 0.31 0.34 0.49

CBAT vs OESX, STI, PPSI: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, CBAK Energy Technology's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CBAK Energy Technology Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, CBAK Energy Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CBAK Energy Technology's Debt-to-Equity falls into.


CBAT
49GF Score
CBAK Energy Technology Ltd CBAT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CBAK Energy Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CBAK Energy Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

CBAK Energy Technology's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.49 mean?
CBAK Energy Technology (CBAT) has a Debt-to-Equity of 0.49 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CBAK Energy Technology and its competitors. This is 48% above median its historical median of 0.33. According to the industry distribution chart, CBAK Energy Technology ranks #1810 out of 2688 companies in the Industrial Products industry, placing it in the top 67.3%.
Is CBAK Energy Technology's Debt-to-Equity too high?
CBAK Energy Technology's current Debt-to-Equity of 0.49 is 48% above median its 10-year median of 0.33. The Industrial Products industry median Debt-to-Equity is 0.29. CBAK Energy Technology's value of 0.49 is 69% above this industry median. Based on the distribution chart, CBAK Energy Technology ranks #1810 out of 2688 companies in the Industrial Products industry, which is below the industry midpoint. Overall, CBAK Energy Technology has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CBAK Energy Technology's Debt-to-Equity compare to OESX and STI?
According to the Industrial Products industry distribution chart, CBAK Energy Technology ranks #1810 out of 2688 companies for Debt-to-Equity. This places CBAK Energy Technology in the lower half of its industry. The industry median Debt-to-Equity is 0.29. CBAK Energy Technology's value of 0.49 is 69% above this benchmark. While the company's 10-year median is 0.33 vs. the industry median of 0.29, CBAK Energy Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,688 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CBAK Energy Technology's current Debt-to-Equity of 0.49 is 69% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CBAK Energy Technology and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CBAK Energy Technology's current Debt-to-Equity is 0.49, which is 48% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBAK Energy Technology stock overvalued right now?
Based on GuruFocus' analysis, CBAK Energy Technology (CBAT) is currently considered Possible Value Trap. The stock's GF Value™ is $1.49, compared to a current price of $0.70 — trading 52.9% below its estimated fair value. The current Debt-to-Equity is 0.49, which is 48% above median its 10-year median of 0.33 and 69% above the Industrial Products industry median of 0.29. CBAK Energy Technology's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For CBAK Energy Technology (CBAT), the current Debt-to-Equity is 0.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CBAK Energy Technology (CBAT) Overvalued in 2026?

Based on GuruFocus' analysis, CBAK Energy Technology stock appears to be undervalued. The current stock price of $0.70 is trading 52.9% below its estimated GF Value™ of $1.49. GuruFocus considers CBAK Energy Technology to be Possible Value Trap.

Key valuation signals for CBAT:

  • Debt-to-Equity: 0.49 (48% above median its 10-year median of 0.33)
  • GF Value™: $1.49 vs. price of $0.70 (52.9% below fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 69% above the Industrial Products median (#1810 of 2688)

No single metric tells the full story. See the CBAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CBAK Energy Technology Business Description

Other Exchanges 0A98:UKB6JA:Germany
Address Meigui Street, CBAK Industrial Park, Huayuankou Economic Zone, Liaoning Province, Dalian, CHN, 116450
CBAK Energy Technology Inc is engaged in the manufacture, commercialization, and distribution of a variety of standard and customized lithium and sodium high-power rechargeable batteries. The batteries are used in light vehicles, electric vehicles, energy storage devices, and other high-power applications. The company has two operating segments; CBAK, which derives maximum revenue, and includes the manufacturing, commercialization, and distribution of various standard and customized lithium-ion rechargeable batteries; and the Hitrans segment, which includes the development and manufacturing of NCM precursor and cathode materials. Geographically, the company derives its key revenue from Mainland China, followed by Europe, India, Africa, and other regions.
49GF Score

Get the complete analysis for CBAT

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.70
Price
$1.49
GF Value