---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-058374"
form_type: "8-K"
ticker: "CBAT"
cik: "0001117171"
company_name: "CBAK Energy Technology, Inc."
filed_at: "2021-11-12T23:59:59+00:00"
generated_at: "2026-06-28T08:56:06.420436+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CBAK Energy Q3 net income $20.0M on $23M warrant revaluation; battery revenue up 51% to $9.6M

## Summary
- Net revenue $9.6M; high-power lithium battery revenue $9.6M (+51% YoY); no raw material trades.
- Net income $20.0M vs $41,715 in Q3 2020, driven by $23.0M change in fair value of warrant liabilities.
- Operating loss $3.2M vs operating profit $0.4M a year ago; gross margin 12%, down 1 ppt.
- Cash and equivalents fell to $2.0M from $33.3M at June 30, 2021.
- Secured SGS performance certification for 26650 ultra-low-temperature lithium-ion battery in August.

## SEC filing metadata
- accession: 0001213900-21-058374
- form_type: 8-K
- ticker: CBAT
- cik: 0001117171
- company_name: CBAK Energy Technology, Inc.
- filed_at: 2021-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1117171/000121390021058374/0001213900-21-058374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117171/000121390021058374/ea150422-8k_cbak.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-058374
- JSON: https://secwatch.observer/filing/0001213900-21-058374.json
- Plain text: https://secwatch.observer/filing/0001213900-21-058374.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.