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CBAT (CBAK Energy Technology) Net Income : $11.8 Mil (TTM As of Dec. 2024)


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What is CBAK Energy Technology Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. CBAK Energy Technology's Net Income for the three months ended in Dec. 2024 was $-4.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $11.8 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CBAK Energy Technology's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $-0.05.


CBAK Energy Technology Net Income Historical Data

The historical data trend for CBAK Energy Technology's Net Income 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.

* Premium members only.

CBAK Energy Technology Net Income Chart

CBAK Energy Technology Annual Data
Trend Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.81 61.49 -9.45 -2.45 11.79

CBAK Energy Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income 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 -4.77 9.84 6.45 0.02 -4.51

CBAK Energy Technology Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

CBAK Energy Technology's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=11.144+-1.559+0+2.205
=11.8

CBAK Energy Technology's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.955+0.63+0+0.815
=-4.5

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.8 Mil.

* 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  (NAS:CBAT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

CBAK Energy Technology's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


CBAK Energy Technology Net Income Related Terms

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CBAK Energy Technology Business Description

Traded in Other Exchanges
Address
CBAK Industrial Park, Meigui Street, 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-ion high-power rechargeable batteries. The company operates in two operating segments: CBAK's segment mainly includes the manufacture, commercialization and distribution of a wide variety of standard and customized lithium ion rechargeable batteries for use in a wide array of applications. Hitrans' segment mainly includes the development and manufacturing of NCM precursor and cathode materials. Geographically, it generates a majority of its revenue from Mainland China and also has an operation in Europe, the United States, Korea, and Other Countries.
Executives
Jiewei Li officer: CFO CBAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN CITY, LIAONING PROVINCE F4 116450
Yunfei Li director, 10 percent owner, officer: CEO BAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN F4 116422
Xiangyu Pei director BAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN F4 116450
Asia Evk New Energy Auto Ltd 10 percent owner FLAT/RM B, 8/F, WING ON CHEONG BLDG, 5 WING LOK STREET, CENTRAL, HONG KONG K3 0000000
Ping Shen 10 percent owner GROUP 1 LIVESTOCK RANCH, HUAIJIA TOWN, YUSHU CITY, JILIN PROVINCE F4 130416
Dawei Li 10 percent owner NO. 11 MEIGUI STREET (EAST), HUAYUANKOU ECONOMIC DISTRICT, DALIAN F4 116450
Mu Li 10 percent owner A-3003, PENGDUDASHA, NANGUANG ROAD, NANSHAN DISTRICT, SHENZHEN F4 518054
Wei Qi 10 percent owner 3-B1005, HUAYUAN, TIANJIAN XIANDAICHENG, LONGGANG DISTRICT, SHENZHEN F4 518000
Xiangqian Li director, 10 percent owner, officer: Chairman, President & CEO BAK INDUSTRIAL PAR, NO. 1 BAK STREET, KUICHONG TOWN, LONGGANG DISTRICT, SHENZHEN F4 518119
J. Simon Xue director 3353 ROBERT BURNS DRIVE, RICHFIELD OH 44286
Chunzhi Zhang director ROOM 1505, BLOCK B TAIRAN 9TH ROAD, CHENGONGMIAO, FUTIAN DISTRICT, SHENZHEN F4 518000
Wenwu Wang officer: Interim CFO and Treasurer BAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN F4 116422
Guosheng Wang director BAK INDUSTRIAL PARK, NO, 1 BAK STREET, KUICHONG TOWN, LONGGANG DISTRICT, SHENZHEN F4 518119
Jian Lin officer: Int. Chief Technical Officer BAK INDUSTRIAL PARK, NO, 1 BAK STREET, KUICHONG TOWN, LONGGANG DISTRICT, SHENZHEN F4 518119
Jianjun He director THT INDUSTRIAL PARK, NO. 5 NANHUAN ROAD, TIEXI DISTRICT, SIPING F4 136000