---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-084909"
form_type: "8-K"
ticker: "CBAT"
cik: "0001117171"
company_name: "CBAK Energy Technology, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:05:35.803155+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CBAK Energy Q3 2023: battery revenue +71.5% YoY, net income $6.3M vs loss

## Summary
- Battery net revenues $44.3M (+71.5% YoY); gross margin 26.4% vs 8.7% YoY
- Net income $6.3M vs loss $0.9M; EPS $0.07 vs $0.00
- Total net revenues $63.4M (+9.9% YoY); gross profit $12.2M (+254% YoY)
- Subsidiary to acquire 5% stake in BAK Power; received RMB33.58M order from Anker
- Operating income $5.3M vs operating loss $1.5M in prior year

## SEC filing metadata
- accession: 0001213900-23-084909
- form_type: 8-K
- ticker: CBAT
- cik: 0001117171
- company_name: CBAK Energy Technology, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1117171/000121390023084909/0001213900-23-084909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117171/000121390023084909/ea187859-8k_cbakenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-084909
- JSON: https://secwatch.observer/filing/0001213900-23-084909.json
- Plain text: https://secwatch.observer/filing/0001213900-23-084909.txt

## Key facts
- Earnings Releases
  CBAK Energy Technology, Inc. reported the third quarter ended September 30, 2023 results: revenue $63.4 million, net income $6.3 million, EPS $0.07.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $63.4 million
  - Net income: $6.3 million
  - EPS: $0.07
  - Result: reported results
  source text: RMB33.58 million from Anker, one of the largest third-party accessories suppliers globally for Apple Inc.’s products. Third quarter of 2023 Financial Results Net revenues were $63.4 million, representing an increase of 9.9% compared to $57.7 million in the same period of 2022. This increase was primarily attributable to growth in the Company’s battery business.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117171/000121390023084909/0001213900-23-084909-index.htm

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