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Cbak Energy Tech (GB:0A98)
:0A98
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.03Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 19, 2025
|% Change Since: 7.51%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant challenges with a decline in net revenues and a reported net loss. However, there are positive developments with growth in electric vehicle segments, successful product transitions, and expansion plans in Southeast Asia. The overall sentiment is cautiously optimistic, with significant efforts to regain growth momentum.Company Guidance
During the first quarter of 2025 earnings call, CBAK Energy Technology reported a 41% year-over-year decline in net revenues to $34.9 million, with the battery business segment experiencing a 54.6% decrease in revenue to $20.36 million. Despite these declines, the company's electric vehicle and light electric vehicle segments saw growth of 11.9% and 88.4%, respectively. The company is transitioning its Dalian facility from the outdated Model 26650 to the promising Model 40135 and expects the new manufacturing line to be completed in the second half of the year. Meanwhile, the Nanjing facility's Model 32140 production, running at full capacity, remains a flagship product. CBAK is also considering establishing a manufacturing presence in Southeast Asia and potentially the United States to address tariff challenges, with plans for a new facility capable of producing both Model 32140 and Model 40135 cells. The company anticipates a significant recovery next year, driven by a large-scale order agreement and strategic expansions. Despite a net loss of $1.64 million, CBAK aims to maintain healthy gross margins and enhance its global production footprint across multiple facilities and models.Growth in Electric Vehicle Segments
The electric vehicle business achieved an 11.9% increase, while the light electric vehicle segment experienced significant growth of 88.4%.
Successful Product Transition
CBAK Energy is transitioning from the outdated Model 26650 to the promising Model 40135, with construction expected to be completed in the second half of the year. Early feedback on Model 40135 has been very encouraging.
Expansion Plans in Southeast Asia
CBAK Energy is planning to establish an overseas manufacturing facility in Southeast Asia with a high-volume purchase agreement from a major customer, including substantial prepayments.
Full Capacity at Nanjing Facility
The Nanjing facility, focusing on Model 32140, is running at full capacity to meet robust market demand.
GB:0A98 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
GB:0A98 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 19, 2025 | $0.86 | $0.81 | -6.47% |
Mar 17, 2025 | $0.85 | $0.84 | -1.88% |
Nov 12, 2024 | $1.01 | $0.99 | -1.88% |
Aug 09, 2024 | $1.13 | $1.12 | -0.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cbak Energy Tech (GB:0A98) report earnings?
Cbak Energy Tech (GB:0A98) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is Cbak Energy Tech (GB:0A98) earnings time?
Cbak Energy Tech (GB:0A98) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Cbak Energy Tech stock?
The P/E ratio of CBAK Energy Technology is N/A.
What is GB:0A98 EPS forecast?
GB:0A98 EPS forecast for the fiscal quarter 2025 (Q2) is -0.04.