CBAK Energy Technology, Inc. CBAK Income Statement

Cbak energy technology, inc. (CBAK)

Income statement / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Net revenues
-	-	-	-	-	-	-	-	-	-	13,863	8,886	8,369	10,369	15,368	16,458	16,325	13,904	9,572	55,115	84,887	123,014	167,637	119,643	0	-	0	0	-	205,518	212,962	213,247	227,177	218,952	215,927	0	0	0
Manufacture of batteries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Property lease and management
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Net revenues
22,194	27,013	24,512	26,292	24,433	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Manufacture of batteries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Property lease and management
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Cost of revenues
21,571	26,867	26,863	29,472	27,731	55,681	67,366	68,097	68,570	35,049	17,164	11,250	10,415	12,099	16,212	16,522	15,941	12,954	8,511	49,961	77,566	113,454	152,141	155,451	172,747	202,159	220,595	225,515	214,548	204,300	199,598	191,228	196,838	192,648	199,096	0	0	0
Gross (loss) profit
622	145	-2,350	-3,180	-3,298	-10,160	-9,683	-10,125	-10,195	-3,743	-3,301	-2,363	-2,045	-1,730	-844	-64	384	949	1,061	5,153	7,320	9,559	2,053	-3,653	-9,721	-16,607	-13,059	-16,734	-17,052	1,218	13,363	22,019	30,338	26,304	16,831	0	0	0
Operating expenses:
Research and development expenses
1,905	1,937	2,063	2,097	2,481	2,372	2,139	2,125	1,738	1,774	1,862	1,641	1,571	1,879	1,695	2,004	1,697	1,001	726	1,575	2,748	3,981	5,354	5,020	5,107	5,367	3,029	3,506	2,902	1,843	4,679	4,905	6,128	7,287	7,545	0	0	0
Sales and marketing expenses
1,020	2,002	2,094	2,240	2,081	2,380	3,145	3,186	3,217	1,993	1,177	933	997	995	731	566	286	135	79	1,845	3,070	4,504	6,336	6,239	6,910	7,645	8,334	8,880	8,719	8,488	7,994	7,780	8,226	8,541	9,101	0	0	0
General and administrative expenses
4,411	4,691	4,593	4,806	4,497	4,584	4,610	4,484	4,328	4,571	6,747	7,400	7,596	7,470	5,495	4,463	3,830	3,329	2,245	5,385	8,633	12,357	15,673	16,407	17,929	17,490	15,601	14,689	16,054	18,057	19,245	20,544	16,022	18,130	22,500	0	0	0
Provision for doubtful accounts
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Provision for) Recovery of doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	0	-	0	-	-	639	4,510	9,627	16,715	8,958	-3,074	-7,884	0	-	0	0	-	-	-	-	-	-
Impairment charge on property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	3,918	12,841	9,225	9,225	6,517	5,057	0	0	0
Total operating expenses
10,711	9,870	9,989	10,383	10,140	10,939	11,498	11,398	10,982	8,393	9,841	10,029	10,210	10,392	8,100	7,212	5,992	4,598	3,051	9,536	15,370	20,203	70,777	69,170	75,758	84,072	48,127	61,198	57,721	54,943	53,344	42,876	39,602	40,476	44,205	0	0	0
Operating loss
-10,088	-9,724	-12,340	-13,563	-13,439	-21,099	-21,181	-21,524	-21,177	-12,136	-13,142	-12,393	-12,256	-12,122	-8,945	-7,277	-5,608	-3,649	-1,989	-4,382	-8,050	-10,644	-68,724	-72,824	-85,480	-100,679	-61,186	-77,933	-74,773	-53,725	-39,980	-20,857	-9,263	-14,172	-27,373	0	0	0
Finance expenses, net
1,384	1,202	1,177	951	834	763	455	412	245	77	177	100	134	141	0	0	0	-	63	6,192	12,907	16,800	20,414	17,675	12,681	11,522	10,481	9,826	10,755	10,904	11,082	10,994	10,872	10,828	10,084	0	0	0
Recovery of loss (loss) arising from loan guarantees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Government grant income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,103	23,204	23,237	23,422	74	74	165	145	131	1,244	1,131	1,159	1,190	488	892	895	1,453	1,101	0	0	0
Loss arising from loan guarantees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-
Other income, net
620	133	12,431	12,318	12,315	12,327	-22	-30	-44	-4	14	272	278	284	285	44	-47	-91	-67	-107	185	665	2,443	2,522	2,361	1,763	-380	-476	-111	26	-4	454	90	312	788	0	0	0
Loss before income tax
-10,853	-10,793	-1,085	-2,196	-1,957	-9,535	-21,659	-21,966	-21,467	-12,218	-13,305	-12,221	-12,113	-11,979	-8,762	-7,395	-5,931	19,363	21,082	12,555	2,649	-26,705	-84,617	-85,001	-88,294	-110,306	-72,806	-89,915	-91,841	-63,413	-50,580	-30,504	-19,149	-23,235	-35,568	0	0	0
Income tax expense
-	-	-	-	-	-	-	-	-	0	657	657	600	672	-435	-468	-452	5,320	5,770	5,803	5,845	16	52	110	6,104	6,119	6,081	6,298	311	2,393	4,014	3,739	3,549	1,302	-2,319	0	0	0
Net loss
-10,853	-10,793	-1,085	-2,196	-1,957	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net loss attributable to non-controlling interests
-85	-59	-48	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to shareholders of CBAK Energy Technology, Inc.
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) before discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-26,721	-36,638	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	64,497	48,928	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to CBAK Energy Technology, Inc.
-	-	-1,037	-2,162	-	-	-21,655	-21,966	-21,467	-12,218	-13,963	-12,878	-12,713	-12,652	-8,332	-6,617	-3,647	15,873	32,717	70,778	60,446	37,775	-35,344	-82,721	-93,145	-116,029	-78,888	-96,213	-92,153	-65,807	-54,594	-34,243	-22,699	-24,537	-33,249	0	0	0
Net loss
-	-	-1,085	-2,196	-	-	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss)
- Release of foreign currency translation adjustment upon disposal of subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
- Foreign currency translation adjustment
-246	-634	-362	-133	-158	-350	422	776	620	65	-209	-1,146	-982	-905	-1,406	-810	-815	-467	-12	-210	1,061	1,071	-531	522	-456	602	2,956	1,030	665	1,525	3,197	6,374	7,535	7,794	6,699	0	0	0
Comprehensive loss
-11,099	-11,427	-1,447	-2,330	-2,116	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Comprehensive loss attributable to non-controlling interests
-86	-66	-51	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Other Comprehensive Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss attributable to CBAK Energy Technology, Inc.
-11,013	-11,366	-1,397	-2,293	-2,101	-9,874	-21,232	-21,190	-20,846	-12,152	-14,173	-14,025	-13,696	-13,557	-9,738	-7,428	-4,463	15,406	32,705	31,559	22,499	-160	-74,904	-82,219	-93,622	-115,447	-75,931	-95,183	-91,487	-64,282	-51,397	-27,869	-15,164	-16,743	-26,550	0	0	0
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