{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-022802","form_type":"8-K","ticker":"CBAT","cik":"0001117171","company_name":"CBAK Energy Technology, Inc.","filed_at":"2024-03-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.435402+00:00","generated_at":"2026-06-04T16:35:18.902718+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CBAK Energy Q4 2023 battery revenue up 31% to $36.8M; gross margin 36%","bullets":["Battery business net income of $6.6M in Q4 vs loss of $6.4M a year ago.","Full year battery revenue $133M, up 40.4%; gross margin 23.8% vs 8.9%.","Residential energy supply revenue up 84.3% in Q4 to $35M.","Consolidated net loss narrowed to $4.8M in Q4 from $10.7M.","Management projects another year of net income for battery business in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-022802","json":"https://secwatch.observer/filing/0001213900-24-022802.json","markdown":"https://secwatch.observer/filing/0001213900-24-022802.md","text":"https://secwatch.observer/filing/0001213900-24-022802.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1117171/000121390024022802/0001213900-24-022802-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1117171/000121390024022802/ea0201789-8k_cbakenergy.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T16:35:18.902718+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aa10ded17adda307280c3e25762e0b6cb217fdeb","claim":"CBAK Energy Technology, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $36.8 million, net income $6.6 million.","evidence_excerpt":"Fourth Quarter of 2023 Financial Highlights ● Net revenues from sales of batteries were $36.8 million, an increase of 30.9% from $28.1 million in the same period of 2022. - Net revenues from batteries used in light electric vehicles were $1.4 million, a decrease of 69.5% from $4.5 million in the same period of 2022. - Net revenues from batteries used in electric vehicles were $0.5 million, a decrease of 88.8% from $4.7 million in the same period of 2022. - Net revenues from residential energy supply & uninterruptible supplies were $35.0 million, an increase of 84.3% from $19.0 million in the same period of 2022. ● Gross margin for the battery business was 36.0%, an increase of 27.7 percentage points from 8.3% in the same period of 2022. ● Net income from the battery business was $6.6 million, compared to a net loss of $6.4 million in the same period of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1117171/000121390024022802/0001213900-24-022802-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$36.8 million"},{"label":"Net income","value":"$6.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fcff0c7cc608a1457c0bb5efc1e27902665f74c2","claim":"CBAK Energy Technology, Inc. reported the full year ended December 31, 2023 results: revenue $133.0 million, net income $13.4 million.","evidence_excerpt":"Full Year of 2023 Financial Highlights ● Net revenues from sales of batteries were $133.0 million, an increase of 40.4% from $94.7 million in 2022. - Net revenues from batteries used in light electric vehicles were $5.6 million, a decrease of 12.6% from $6.4 million in 2022. - Net revenues from batteries used in electric vehicles were $2.9 million, a decrease of 38.6% from $4.7 million in 2022. - Net revenues from residential energy supply & uninterruptible supplies were $124.5 million, an increase of 48.9% from $83.6 million in 2022. ● Gross margin for the battery business was 23.8%, an increase of 14.9 percentage points from 8.9% in 2022. ● Net income for the battery business was $13.4 million, compared to a net loss of $7.8 million in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1117171/000121390024022802/0001213900-24-022802-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$133.0 million"},{"label":"Net income","value":"$13.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}