v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Net revenues $ 34,938,901 $ 58,822,432
Cost of revenues (30,137,167) (40,041,385)
Gross profit 4,801,734 18,781,047
Operating expenses:    
Research and development expenses (3,023,961) (2,815,518)
Sales and marketing expenses (896,050) (1,724,032)
General and administrative expenses (3,804,137) (4,092,527)
Allowance of credit losses and bad debts written off 58,395 114,013
Total operating expenses (7,665,753) (8,518,064)
Operating income (loss) (2,864,019) 10,262,983
Finance income (expenses), net 45,120 9,663
Other income, net 712,792 367,438
Share of (loss) income of equity investee 55,125 (18,824)
Income (loss) before income tax (2,050,982) 10,621,260
Income tax expenses (1,048,786)
Net income (loss) (2,050,982) 9,572,474
Less: Net loss attributable to non-controlling interests 471,748 263,976
Net income attributable to shareholders of CBAK Energy Technology, Inc. (1,579,234) 9,836,450
Net income (loss) (2,050,982) 9,572,474
Other comprehensive income (loss)    
– Foreign currency translation adjustment 699,844 (1,906,048)
Comprehensive income (loss) (1,351,138) 7,666,426
Less: Comprehensive loss attributable to non-controlling interests 442,816 274,223
Comprehensive income (loss) attributable to CBAK Energy Technology, Inc. $ (908,322) $ 7,940,649
Income (loss) per share    
– Basic (in Dollars per share) $ (0.02) $ 0.11
– Diluted (in Dollars per share) $ (0.02) $ 0.11
Weighted average number of shares of common stock:    
– Basic (in Shares) 89,938,690 89,925,024
– Diluted (in Shares) 89,938,690 90,123,965