Name | Value |
---|---|
Revenues | 42.4M |
Cost of Revenue | 39.5M |
Gross Profit | 2.9M |
Operating Expense | 5.8M |
Operating I/L | -2.9M |
Other Income/Expense | 0.3M |
Interest Income | 0.0M |
Pretax | -2.6M |
Income Tax Expense | -0.4M |
Net Income/Loss | -2.2M |
CBAK Energy Technology, Inc. develops, manufactures, and sells lithium batteries globally. Its products cater to various applications, including electric vehicles, light electric vehicles, electric tools, energy storage, and uninterruptible power supply. The company's revenue is generated through the sale of lithium batteries for electric cars, buses, bicycles, and other electric vehicles, as well as for use in electric tools and energy storage solutions.