EarningsQ4 2025 Earnings Report
DE:BD5 Q4 2025 EPS Results
Actual EPS-€0.07
Consensus EPS-€0.03
Beat/MissMissed by -€0.04
One Year Ago EPS-€0.04
DE:BD5 Q4 2025 Revenue Results
Actual Revenue€50.79M
Expected Revenue€56.14M
Beat/MissMissed by -€5.35M
YoY Revenue Growth+131.77%
Earnings Announcement Details
QuarterQ4 2025
Date03/30/2026
TimeBefore Open
Conference CallMonday, March 30, 2026
DE:BD5 Upcoming Earnings
CBAK Energy Technology's next earnings date is estimated for November 16, 2026, based on past reporting schedules.
Q4 2025 Earnings Call Audio
DE:BD5 Q4 2025 Earnings Call
0:00 / 0:00
Q4 2025 Earnings Slide Deck
No slide deck is available for this earnings event.
Q4 2025 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong top-line momentum, a robust turnaround in the raw materials segment (Hitrans), meaningful cash generation, major capacity additions and expanding global commercial partnerships — all signaling growth potential. Offsetting these positives were substantial margin compression, reported operating and net losses for both the quarter and full year, and timing risks as new production lines ramp. Management frames the losses as temporary, driven by strategic investments and capacity transitions that should unlock larger scale and improved margins in 2026–2027.Company Guidance
Quarterly Revenue Surge
Consolidated net revenue for Q4 2025 rose 131.8% year-over-year to $58.80 million, demonstrating strong near-term top-line momentum.
Full-Year Revenue Growth
Consolidated net revenue for FY2025 reached $195.19 million, an 11% increase versus 2024.
Raw Materials (Hitrans) Turnaround
Hitrans full-year revenue surged 123% year-over-year to $89.21 million. Q4 Hitrans revenue was $27.98 million, up 944.1% year-over-year, driven by an upward raw material pricing cycle and increased downstream orders.
Strong LEV and REV Growth
LEV revenues in Q4 skyrocketed 524.2% to $12.92 million. Revenue from REV (full year) increased 252% year-over-year to $36.36 million, reflecting rapid adoption in two-wheeler and related markets.
Battery Business Revenue Expansion
Battery segment revenue in Q4 was $30.82 million, up 35.8% year-over-year; full year Battery business contributed $105.98 million to consolidated revenue.
Cash Generation and Liquidity
Cash and cash equivalents plus restricted cash totaled $75.68 million at December 31, 2025 (up from $60.79 million at end-2024). Net cash provided by operating activities was $48.55 million for FY2025 versus $39.70 million in 2024.
Capacity Additions and Product Launches
Commissioned a new 40135 product line with 2.3 GWh capacity at Dalian (end of 2025). Nanjing Phase II added 2 new production lines adding 3.0 GWh (complements 1.5 GWh Phase I). Company reports demand for 40135 far exceeds current supply.
Strategic Vertical Integration and Asset Investment
Invested $44.65 million in capital expenditures in 2025 to equip new facilities (Dalian, Nanjing, Zhejiang, Anhui). Hitrans is building a 10,000 MT cathode plant and 37,000 MT precursor facility (targeted operation starting 2026–H1 2027).
Commercial Partnerships and Market Expansion
Forged strategic relationships with SPIRO (Africa, now a top-5 customer), and international blue-chip clients including Anker Innovation, Scania (Posida), Ather Energy, Schneider ACE Battery and Inverted Energy; expanded presence in India, Vietnam (DAT) and Africa.
Corporate and Supply-Chain Measures
Incorporated Malaysian subsidiary on April 30, 2025 to localize supply chains and hedge against PRC export tax rebate phase-outs. Shareholders approved redomicile from Nevada to Cayman to streamline operations.
Non-Operating Income Support
Other income rose to $8.27 million for FY2025, including a $5.0 million compensation payment collected from a cancelled customer order, providing a one-time boost to the income statement.
DE:BD5 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed