Cbak energy technology, inc. (CBAK)
Income statement / Quarterly
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'11Mar'11Dec'10Jun'10
Net revenues

-

-

-

-

-

-

-

-

-

-

6,339

3,716

3,500

307

1,362

3,198

5,500

5,306

2,452

3,066

3,079

974

47,994

32,838

41,205

-

45,598

0

-

54,138

46,843

32,780

71,754

61,582

47,129

46,710

63,530

58,557

Manufacture of batteries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,066

63,732

-

-

-

-

-

-

-

-

-

Property lease and management

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

Net revenues

4,661

8,089

4,270

5,171

9,480

5,589

6,050

3,312

-

17,750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,066

63,732

-

-

-

-

-

-

-

-

-

Manufacture of batteries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47,619

67,971

-

-

-

-

-

-

-

-

-

Property lease and management

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

Cost of revenues

4,249

7,431

4,490

5,400

9,545

7,426

7,099

3,659

37,495

19,111

7,830

4,133

3,974

1,226

1,915

3,298

5,658

5,339

2,226

2,717

2,671

896

43,675

30,322

38,559

39,583

46,986

47,619

67,971

58,018

51,906

36,651

57,723

53,316

43,536

42,261

53,533

59,764

Gross (loss) profit

412

658

-219

-229

-64

-1,837

-1,049

-347

-6,926

-1,360

-1,491

-417

-474

-919

-553

-99

-158

-33

226

349

407

78

4,318

2,516

2,646

-7,428

-1,387

-3,552

-4,239

-3,879

-5,062

-3,870

14,031

8,265

3,592

4,449

9,996

-1,207

Operating expenses:
Research and development expenses

480

478

513

433

512

604

547

817

403

372

533

430

439

459

312

360

747

275

620

53

52

0

1,469

1,227

1,284

1,372

1,135

1,314

1,545

-965

1,612

709

486

1,870

1,838

1,932

1,644

2,129

Sales and marketing expenses

115

279

262

364

1,096

370

408

204

1,396

1,135

449

234

172

320

205

299

170

55

41

19

19

0

1,807

1,244

1,452

1,832

1,710

1,914

2,188

2,521

2,256

1,752

1,957

2,027

2,042

2,198

2,273

2,586

General and administrative expenses

499

1,401

1,070

1,440

779

1,302

1,284

1,131

866

1,328

1,158

975

1,109

3,504

1,811

1,171

983

1,529

779

538

482

445

3,920

3,786

4,206

3,760

4,654

5,307

3,767

1,871

3,743

6,672

5,770

3,059

5,042

2,149

7,878

7,429

Provision for doubtful accounts

-

-

-

71

-

-

-

-86

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Provision for) Recovery of doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-9

-44

-

-

-

-46

-

0

-

-

0

-729

-188

1,556

3,870

4,387

6,899

-6,200

-

-8,162

-421

-

-

-

-

-

-

Impairment charge on property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

3,207

11,396

-

-2,405

3,616

0

2,707

6,517

0

0

0

5,057

Total operating expenses

4,396

2,158

1,846

2,309

3,555

2,277

2,240

2,066

4,354

2,836

2,141

1,649

1,766

4,284

2,329

1,831

1,947

1,992

1,441

611

553

445

7,926

6,445

5,386

51,018

6,319

13,033

13,700

15,073

19,391

9,556

10,922

13,474

8,923

6,281

11,796

17,203

Operating loss

-3,984

-1,500

-2,065

-2,538

-3,620

-4,115

-3,289

-2,413

-11,281

-4,197

-3,632

-2,066

-2,240

-5,203

-2,882

-1,930

-2,106

-2,026

-1,214

-261

-146

-366

-3,607

-3,929

-2,740

-58,446

-7,707

-16,586

-17,939

-18,953

-24,454

-13,426

3,108

-5,208

-5,330

-1,832

-1,800

-18,410

Finance expenses, net

411

324

361

287

228

299

136

170

158

-8

93

2

-9

91

15

37

-2

-

64

-16

0

15

6,193

6,698

3,893

3,629

3,454

1,705

2,734

2,587

2,799

2,634

2,882

2,766

2,710

2,512

2,839

2,022

Recovery of loss (loss) arising from loan guarantees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

808

4,549

-

-

-

-

-

-

-

-

-

-

Government grant income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-100

-11

-164

23,380

0

22

19

32

0

112

0

18

1,113

0

28

48

411

404

30

606

58

Loss arising from loan guarantees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,360

-

0

0

0

-

-

-

-

-

Other income, net

470

37

93

18

-15

12,335

-19

15

-3

-14

-28

1

36

4

229

7

43

5

-11

-85

0

28

-51

208

479

1,807

27

47

-117

-337

-68

412

19

-368

391

48

241

107

Loss before income tax

-3,924

-1,787

-2,334

-2,807

-3,864

7,920

-3,445

-2,567

-11,442

-4,202

-3,753

-2,068

-2,194

-5,289

-2,668

-1,960

-2,060

-2,072

-1,301

-495

23,233

-353

-9,829

-10,400

-6,121

-58,266

-10,212

-13,694

-28,133

-20,766

-27,321

-15,620

294

-7,933

-7,245

-4,265

-3,791

-20,266

Income tax expense

-

-

-

-

-

-

-

-

-

0

0

0

0

657

-0

-57

72

-450

-32

-41

5,845

0

0

0

16

35

58

5,994

32

-2

274

7

2,114

1,617

0

-181

-133

-2,003

Net loss

-3,924

-1,787

-2,334

-2,807

-3,864

7,920

-3,445

-2,567

-

-4,202

-3,753

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net loss attributable to non-controlling interests

-34

-14

-16

-19

-

-7

-3

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-1,772

-

-

-

7,928

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-1,787

-

-

-

7,920

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Profit (loss) before discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,269

-454

-

-353

-9,829

-10,400

-6,137

-

-10,270

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

315

1,521

-

15,569

46,936

1,136

855

-

0

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to CBAK Energy Technology, Inc.

-

-

-2,317

-2,787

-

-

-3,442

-2,567

-11,442

-4,202

-3,753

-2,068

-2,194

-5,947

-2,668

-1,903

-2,132

-1,628

-953

1,067

17,388

15,215

37,106

-9,264

-5,282

-57,904

-10,270

-19,688

-28,165

-20,763

-27,596

-15,628

-1,819

-9,550

-7,245

-4,083

-3,657

-18,262

Net loss

-

-

-2,334

-2,807

-

-

-3,445

-2,567

-

-4,202

-3,753

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss)
- Release of foreign currency translation adjustment upon disposal of subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-39,008

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,819

-

-

-

-

-

- Foreign currency translation adjustment

571

-754

-224

161

183

-481

4

135

-8

291

357

-19

-563

15

-579

144

-486

-485

15

139

-137

-30

-182

1,411

-127

-1,633

871

432

931

720

-1,054

67

1,791

2,392

2,123

1,228

2,050

1,297

Comprehensive loss

-3,353

-2,541

-2,559

-2,646

-3,681

7,438

-3,441

-2,432

-

-3,911

-3,395

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Comprehensive loss attributable to non-controlling interests

-28

-19

-16

-22

-

-8

-3

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Other Comprehensive Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-39,190

-

-

-

871

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss attributable to CBAK Energy Technology, Inc.

-3,325

-2,522

-2,542

-2,623

-3,678

7,447

-3,437

-2,432

-11,451

-3,911

-3,395

-2,087

-2,757

-5,932

-3,248

-1,758

-2,618

-2,113

-938

1,207

17,250

15,185

-2,083

-7,852

-5,409

-59,558

-9,398

-19,255

-27,234

-20,043

-28,650

-15,560

-28

-7,158

-5,122

-2,855

-1,607

-16,965

Loss per share
(Loss) earnings Per Share - Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.92

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

- From continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

- From discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3.69

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

- Basic and diluted

-

-0.04

-

-

-

0.30

-

-

-

-0.16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1.56

-2.23

-1.64

-2.19

-1.24

-0.14

-

-0.12

-0.06

-0.06

-0.29

- Diluted

-

-0.04

-

-

-

0.30

-

-

-

-0.16

-0.18

-0.10

-0.11

-0.34

-0.15

-0.11

-0.12

-

-

-

-

-

-

-

-

-

-

-1.56

-2.23

-1.64

-2.19

-1.24

-0.14

-

-0.12

-0.06

-0.06

-0.29

- From continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.10

-0.04

-

-0.04

-0.77

-0.82

-0.49

-

-0.81

-

-

-

-

-

-

-

-

-

-

-

- From discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

0.12

-

1.26

3.69

0.09

0.07

-

0.00

-

-

-

-

-

-

-

-

-

-

-

- Basic and diluted

-

-

-0.07

-0.10

-

-

-0.13

-0.10

-

-

-

-

-

-

-

-

-

-

-0.08

0.08

1.37

1.22

2.92

-0.73

-0.42

-

-0.81

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of shares of common stock:
- Basic and diluted

-

-

35,379

28,610

-

-

26,557

26,502

-

-

20,402

19,856

19,745

17,339

17,284

17,229

17,171

-

-

12,719

12,719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

- Basic and diluted

-

42,262

-

-

-

26,660

-

-

-

26,334

-

-

-

-

-

17,229

-

-

12,720

-

-

12,349

12,714

12,709

12,704

12,619

12,619

12,619

12,619

12,619

12,619

12,619

12,619

-

62,895

62,895

62,895

62,887

- Diluted

-

42,262

-

-

-

26,708

-

-

-

26,334

-

-

-

-

-

-

-

-

12,720

-

-

12,349

12,714

12,709

12,704

12,619

12,619

12,619

12,619

12,619

12,619

12,619

12,619

-

62,895

62,895

62,895

62,887