Manage Tickers Link Financial Account

Has my stock been accused of fraud?Join over 160k users who know.

Ticker	Price	Change($)	Change(%)	Shares	Volume	Prev Close	Open	Gain($)	Gain(%)

Ticker	Status	Jurisdiction	Filing Date	CP Start	CP End	CP Loss	Deadline

Ticker	Case Name	Status	CP Start	CP End	Deadline	Settlement Amt

Ticker	Name	Date	Analyst Firm	Up/Down	Target ($)	Rating Change	Rating Current

CBAK Energy Tech 2024 GAAP EPS $0.13 Up From $(0.03) YoY, Revenue $176.614M Down From $204.438M YoY

Author: Benzinga Newsdesk | March 17, 2025 05:01am

Full Year of 2024 Financial Highlights

Net revenues from sales of batteries were $136.59 million, an increase of 2.7% from $132.99 million in the same period of 2023.
- Net revenues from batteries used in light electric vehicles were $10.32 million, an increase of 84% from $5.61 million in the same period of 2023.
- Net revenues from batteries used in electric vehicles were $1.68 million, a decrease of 41.67% from $2.88 million in the same period of 2023.
- Net revenues from residential energy supply & uninterruptible supplies were $124.59 million, an increase of 0.1% from $124.5 million in the same period of 2023.
Gross margin for the battery business was 31.5%, an increase of 7.7 percentage points from 23.8% in the same period of 2023.
Net income from the battery business was $19.43 million, an increase of 39.08% from $13.97 million in the same period of 2023.

Posted In: CBAT