Overview
CBAK Energy Q2 2025 revenue falls 15% to $40.52 mln
Company reports Q2 net loss of $3.07 mln, compared to net income last year
Gross margin drops to 11% from 26.6% in Q2 2024
Outlook
CBAK Energy anticipates Nanjing Phase II growth acceleration by year-end
Company finalizing agreements with international customers for future growth
CBAK Energy sees gradual recovery as product portfolio transitions
Result Drivers
PRODUCT TRANSITION - Revenue decline attributed to transition from Model 26650 to Model 40135 at Dalian facilities
CAPACITY CONSTRAINTS - Nanjing facilities fully booked for Model 32140, prompting expansion to meet demand
EXPECTED RECOVERY - Anticipated recovery in Dalian and Nanjing facilities following product validation and capacity expansion
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $40.52 mln |
|
Q2 EPS |
| -$0.03 |
|
Q2 Net Income |
| -$3.07 mln |
|
Q2 Gross Margin |
| 11.0% |
|
Q2 Operating Income |
| -$3.53 mln |
|
Analyst Coverage
Wall Street's median 12-month price target for CBAK Energy Technology Inc is $1.50, about 34.1% above its August 15 closing price of $0.99
Press Release: ID:nGNX1T3FjR