---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-028084"
form_type: "8-K"
ticker: "CBAT"
cik: "0001117171"
company_name: "CBAK Energy Technology, Inc."
filed_at: "2022-05-19T23:59:59+00:00"
generated_at: "2026-06-25T09:04:18.110430+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CBAK Energy Q1 revenue surges 752% to $80.2M; net income falls to $0.4M from $29.6M

## Summary
- Net revenues $80.2M (+752% YoY) driven by Hitrans materials business and strong lithium battery demand.
- Gross margin shrank to 6.6% from 19.5% due to raw material cost increases.
- Net income attributable to shareholders $0.4M vs $29.6M; EPS $0.01 vs $0.35.
- Received EUR 28.2M order from European heating/cooling systems provider for lithium-ion batteries.
- Cash $5.6M as of Mar 31, 2022, down from $7.4M at Dec 31, 2021.

## SEC filing metadata
- accession: 0001213900-22-028084
- form_type: 8-K
- ticker: CBAT
- cik: 0001117171
- company_name: CBAK Energy Technology, Inc.
- filed_at: 2022-05-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1117171/000121390022028084/0001213900-22-028084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117171/000121390022028084/ea160231-8k_cbakenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-028084
- JSON: https://secwatch.observer/filing/0001213900-22-028084.json
- Plain text: https://secwatch.observer/filing/0001213900-22-028084.txt

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