Cbak energy technology, inc. (CBAK)
Balance Sheet / Yearly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Sep'10
Current assets
Cash and cash equivalents

1,612

198

273

245

449

750

514

1,253

1,644

126

1,968

440

408

1,953

3,125

1,594

80

6,762

11,554

495

35

991

272

8,448

9,977

13,998

10,401

7,203

9,289

9,271

13,076

16,678

5,874

24,858

17,098

22,588

Pledged deposits

5,520

8,382

17,249

17,646

17,239

18,896

12,983

10,477

9,104

1,959

4,626

4,179

4,278

4,569

1,459

2,014

2,084

1,519

-

-

-

0

0

11,926

25,501

8,137

13,326

8,980

4,938

5,510

4,668

2,336

4,982

5,725

6,577

9,425

Trade accounts and bills receivable, net

7,952

16,654

15,120

16,816

21,751

28,605

31,778

44,312

57,518

30,577

10,151

5,989

2,468

2,382

5,381

6,951

4,746

4,771

5,269

5,208

4,060

1,013

176

46,336

43,849

49,875

53,786

57,971

62,145

77,449

89,593

100,338

109,241

88,261

71,151

86,198

Inventories

8,666

10,878

8,710

9,215

9,622

9,124

10,690

11,605

9,832

18,247

16,752

17,311

17,094

16,540

10,965

4,559

4,436

3,057

4,004

1,140

1,676

2,648

806

42,604

49,197

57,275

60,831

54,646

60,567

65,383

59,994

58,785

55,493

67,140

78,978

64,048

Prepayments and other receivables

4,735

5,838

5,257

6,276

7,143

6,420

7,545

7,157

6,971

7,565

6,874

7,142

6,675

6,730

5,318

3,708

3,308

2,552

3,841

2,968

1,902

589

194

19,731

16,637

17,728

9,056

8,090

8,410

12,142

13,603

11,669

6,762

5,242

5,277

5,513

Receivable from former subsidiaries, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70

0

5,176

686

0

161

422

7,261

438

-

-

0

-

-

-

-

-

-

-

-

-

-

Prepaid land use rights, current portion

-

157

163

167

163

163

169

179

172

168

165

163

161

168

168

174

172

176

181

180

180

183

0

744

744

707

-

-

-

740

-

-

-

-

-

-

Recoverable from loan guarantee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,135

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42,193

-

-

-

-

-

-

-

-

-

Deferred tax assets, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

43

-

-

-

0

-

-

-

-

0

0

4,034

4,000

3,956

3,993

3,987

6,000

7,549

6,887

Assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

65

-

-

-

-

-

-

-

-

-

-

Total current assets

28,488

42,110

46,775

50,367

56,369

63,961

63,683

74,985

85,244

58,644

40,539

35,226

31,087

32,344

26,490

19,003

20,006

19,570

24,850

10,153

8,277

12,687

1,888

129,792

145,908

147,789

189,596

140,028

149,386

174,498

184,892

193,803

186,341

197,228

186,634

194,662

Property, plant and equipment, net

38,177

41,042

42,806

44,464

38,908

39,084

37,965

35,840

34,965

35,203

21,772

21,442

20,010

20,735

20,790

21,510

21,531

22,274

12,152

116

120

124

12,078

177,467

174,733

116,358

225,205

246,703

256,086

238,757

234,903

240,617

240,351

243,238

247,883

228,884

Construction in progress

21,707

20,345

21,527

20,971

25,001

21,756

26,366

29,840

25,029

22,052

34,010

33,054

33,457

32,321

27,278

18,751

14,486

13,039

20,916

28,280

27,300

22,187

-

-

-

11,879

-

-

-

-

-

-

-

-

-

-

Prepaid land use rights, non-current

-

6,889

7,214

7,422

7,282

7,334

7,653

8,116

7,872

7,738

7,636

7,557

7,536

7,887

7,956

8,252

8,231

8,455

8,723

8,767

8,803

8,969

0

21,314

22,040

20,732

22,502

32,752

32,601

31,763

32,161

32,647

32,883

32,730

32,573

31,924

Right-of-use assets

7,194

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

15

16

18

19

20

21

18

20

20

20

20

20

21

22

23

25

25

26

-

-

-

0

0

642

689

730

781

226

756

628

756

812

738

295

154

184

Deferred tax assets, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

0

0

1,752

1,736

1,718

1,734

1,731

1,749

1,742

1,680

Assets of discontinued operation, non- current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

43,115

-

-

-

-

-

-

-

-

-

-

Total assets

95,583

110,403

118,341

123,246

127,583

132,158

135,687

148,803

153,131

123,659

103,979

97,301

92,113

93,311

82,540

67,543

64,281

63,367

66,643

47,317

44,502

43,968

13,966

329,216

343,372

340,605

438,086

419,711

440,582

447,384

454,432

469,615

462,047

475,241

468,987

457,335

Current liabilities
Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

487

129

-

-

81

96,047

102,481

124,507

146,040

136,487

136,677

143,745

131,435

124,703

119,801

118,423

-

93,724

Trade accounts and bills payable

15,072

38,868

42,054

45,273

52,495

61,184

57,032

60,290

65,616

34,992

19,094

14,720

15,580

18,551

15,838

12,797

9,958

4,910

2,555

1,532

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long-term bank loans

16,574

10,562

10,998

3,750

3,659

4,368

4,532

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

7,929

23,495

-

11,956

Taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,433

4,602

5,028

5,108

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term bank loans

-

-

-

-

-

-

-

-

-

0

1,474

1,451

1,439

1,498

684

12,896

12,316

12,585

12,905

4,838

4,833

4,887

0

65,312

153,054

151,404

149,569

162,786

160,622

151,381

146,324

140,883

130,889

139,706

138,097

137,418

Other short-term loans

7,351

8,299

12,850

14,169

14,147

16,269

16,505

17,848

14,636

13,303

13,291

16,035

10,524

4,391

7,492

726

182

184

11,955

1,335

1,081

5,552

0

126,745

-

28,282

-

-

7,382

-

-

-

-

-

-

-

Notes payables

2,846

1,293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long-term bank loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,207

-

Accounts and bills payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106,833

-

Accrued expenses and other payables

15,527

16,383

19,814

18,535

18,201

12,738

13,007

14,102

14,208

15,166

15,547

19,324

19,382

18,561

15,645

10,629

8,948

11,569

12,092

12,120

12,445

13,427

9,230

64,637

102,914

23,155

46,401

32,813

37,009

30,395

38,841

38,349

25,890

20,975

24,538

22,411

Payables to former subsidiaries, net

1,483

855

2,850

3,259

4,301

1,255

15,721

21,321

22,302

16,088

7,225

5,308

2,488

4,382

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payables to a former subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,817

-812

-1,285

-

-77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred government grants, current

142

138

144

147

143

143

149

157

152

148

145

143

142

197

198

179

177

181

186

186

185

24,437

24,176

-

-

24,525

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

267

267

263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,569

-

-

-

-

-

-

-

-

-

Total current liabilities

58,998

76,402

88,713

85,136

92,948

95,959

106,948

113,719

116,916

79,699

56,779

56,983

49,559

47,583

48,110

42,643

37,898

34,541

40,528

20,409

18,810

48,303

33,488

352,743

358,451

351,875

371,579

332,087

341,691

325,522

316,600

303,935

284,510

302,600

292,677

265,509

Long-term bank loans

9,519

9,388

9,776

21,127

20,614

18,681

18,024

20,206

19,489

19,053

18,700

18,406

18,258

19,006

12,709

-

-

0

-

-

-

-

-

-

-

-

12,823

15,899

19,048

23,656

23,398

23,617

20,156

14,975

14,791

29,890

Other long-term loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,955

15,930

7,653

7,586

2,468

2,491

2,487

2,457

-

0

Deferred revenue, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

7,274

7,556

7,560

7,626

7,625

7,681

7,699

7,301

7,433

7,485

7,455

7,426

7,352

Deferred government grants, non-current

4,118

4,046

4,249

4,383

4,313

4,355

4,557

4,845

4,712

4,643

4,594

4,558

4,556

4,731

6,523

6,828

6,819

5,199

7,238

7,256

7,249

0

0

23,692

24,103

22,946

22,118

21,875

19,058

10,364

12,221

11,219

11,149

11,731

11,238

3,431

Product warranty provisions

2,246

2,201

2,286

2,336

2,250

2,045

2,265

2,369

2,279

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long term tax payable

7,042

6,859

7,142

7,306

7,129

7,140

7,409

7,814

7,537

6,739

6,614

6,510

7,061

6,900

-

-

-

1,815

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current liabilities of discontinued operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,200

1,109

715

-

-

-

0

-

-

-

-

-

-

Deferred tax liabilities, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81

84

139

142

5,499

5,528

5,527

0

0

767

788

779

777

768

766

759

751

758

756

747

738

718

Total liabilities

81,925

98,898

112,167

120,289

127,256

128,182

139,204

148,956

150,935

110,136

86,688

86,459

79,435

78,221

67,425

49,556

44,857

41,698

53,266

33,195

31,586

48,303

33,488

385,677

392,009

383,877

421,881

394,187

395,900

375,589

362,741

349,456

326,546

339,968

326,872

306,902

Commitments and contingencies

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

-

0

0

0

0

0

0

Shareholders' equity
Common stock $0.001 par value; 500,000,000 authorized; 26,791,684 issued and 26,647,478 outstanding as of December 31, 2018; and 53,220,902 issued and 53,076,696 outstanding as of December 31, 2019

53

44

37

31

26

26

26

26

26

26

26

19

19

19

17

17

17

12

12

12

12

12

12

12

12

12

12

12

12

12

63

63

63

12

63

63

Donated shares

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

14,101

-

14,101

Donated shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,101

-

Additional paid-in capital

180,208

174,720

166,884

161,144

155,931

155,899

155,865

155,794

155,711

155,587

155,443

145,605

145,353

145,008

139,103

138,726

138,405

138,036

127,630

127,438

127,438

127,438

127,437

127,422

127,393

127,349

127,288

127,208

127,111

126,990

126,791

126,610

126,390

126,186

125,818

124,551

Statutory reserves

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

1,230

0

-

-

-

-

0

7,786

7,786

7,786

7,786

7,786

7,786

7,786

7,786

7,786

7,786

7,645

7,645

7,314

Accumulated deficit

-176,177

-172,287

-170,514

-168,197

-165,409

-161,548

-169,476

-166,034

-163,466

-152,023

-147,820

-144,067

-141,999

-139,804

-133,857

-131,188

-129,285

-125,922

-124,294

-123,340

-124,407

-141,796

-157,012

-240,913

-231,648

-226,366

-168,483

-158,212

-138,524

-110,358

-89,594

-61,998

-46,370

-44,410

-34,859

-19,542

Accumulated other comprehensive loss

-1,744

-2,309

-1,560

-1,335

-1,498

-1,681

-1,200

-1,204

-1,340

-1,332

-1,623

-1,981

-1,961

-1,398

-1,413

-834

-979

-492

-7

-23

-163

-25

5

39,195

37,783

37,910

39,565

38,693

38,260

37,329

36,608

37,663

37,595

35,804

33,411

28,010

Stockholders' equity (deficit) before Treasury Stock

17,671

15,500

10,179

6,976

4,381

8,028

547

3,913

6,262

17,589

21,357

14,908

16,744

19,156

19,181

22,052

23,490

25,735

17,443

18,189

16,981

-269

-15,455

-52,394

-44,570

-39,205

20,271

29,590

48,748

75,862

95,757

124,226

139,567

139,340

146,181

154,499

Less: Treasury shares

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

4,066

Total shareholders' equity

13,605

11,433

6,112

2,909

315

3,961

-3,519

-152

2,195

13,523

17,290

10,842

12,677

15,089

15,114

17,986

19,423

21,668

13,376

14,122

12,915

-4,335

-19,521

-56,461

-48,637

-43,272

16,204

25,523

44,682

71,795

91,690

120,159

135,500

135,273

142,115

150,432

Non-controlling interests

52

72

61

46

11

14

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

13,658

11,505

6,173

2,956

327

3,976

-3,517

-

2,195

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and shareholder's equity

95,583

110,403

118,341

123,246

127,583

132,158

135,687

148,803

153,131

123,659

103,979

97,301

92,113

93,311

82,540

67,543

64,281

63,367

66,643

47,317

44,502

43,968

13,966

329,216

343,372

340,605

438,086

419,711

440,582

447,384

454,432

469,615

462,047

475,241

468,987

457,335