---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-064744"
form_type: "8-K"
ticker: "CBAT"
cik: "0001117171"
company_name: "CBAK Energy Technology, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:23:00.328152+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CBAK Energy Q2 2023 net loss $2.6M, revenue down 24.7%; battery business revenue up 27.2% in H1

## Summary
- Q2 net revenues $42.4M, down 24.7% YoY; battery business net revenues $22.2M, down 13.5%.
- Q2 net loss attributable to shareholders $2.6M vs net income $0.8M YoY; diluted EPS -$0.03.
- First half 2023 battery business net revenues $51.8M (+27.2% YoY); overall net revenues $84.8M, -37.8% due to raw materials decline.
- Secured EUR116.5M lithium-ion battery order from Viessmann Group for 2024 and RMB180M order from Echom.
- Management cites lithium carbonate price volatility for Q2 slowdown; expects demand rebound in H2 2023.

## SEC filing metadata
- accession: 0001213900-23-064744
- form_type: 8-K
- ticker: CBAT
- cik: 0001117171
- company_name: CBAK Energy Technology, Inc.
- filed_at: 2023-08-09T23:59:59+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/1117171/000121390023064744/0001213900-23-064744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117171/000121390023064744/ea183035-8k_cbakenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-064744
- JSON: https://secwatch.observer/filing/0001213900-23-064744.json
- Plain text: https://secwatch.observer/filing/0001213900-23-064744.txt

## Key facts
- Earnings Releases
  CBAK Energy Technology, Inc. reported second quarter ended June 30, 2023 results: revenue Net revenues were $42.4 million, net income Net loss attributable to shareholders of CBAK Energy was $2.6 million.
  - Period: second quarter ended June 30, 2023
  - Revenue: Net revenues were $42.4 million
  - Net income: Net loss attributable to shareholders of CBAK Energy was $2.6 million
  - Result: reported results
  source text: Second Quarter of 2023 Financial Results Net revenues were $42.4 million, representing a decline of 24.7% compared to $56.3 million in the same period of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117171/000121390023064744/0001213900-23-064744-index.htm

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