---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-066838"
form_type: "8-K"
ticker: "CBAT"
cik: "0001117171"
company_name: "CBAK Energy Technology, Inc."
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:19:52.887858+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CBAK Energy posts Q2 net income of $6.45M vs year-ago loss; battery revenue up 60%

## Summary
- Q2 2024 net income attributable to shareholders of $6.45M ($0.07 EPS), vs net loss of $2.6M in Q2 2023.
- Battery segment net revenues were $35.6M in Q2, up 60% YoY; gross margin expanded to 36.3% from 15.4%.
- H1 2024 battery business net income reached $19.6M (vs $1.0M loss in H1 2023); total battery revenue up 55% to $80.4M.
- Subsidiary CBAK Power secured a $7.0M order from a Renowned European Client in June 2024.
- Management disclosed discussions with private equity investors for sodium and lithium battery segments at a higher valuation.

## SEC filing metadata
- accession: 0001213900-24-066838
- form_type: 8-K
- ticker: CBAT
- cik: 0001117171
- company_name: CBAK Energy Technology, Inc.
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1117171/000121390024066838/0001213900-24-066838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117171/000121390024066838/ea0210973-8k_cbakenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-066838
- JSON: https://secwatch.observer/filing/0001213900-24-066838.json
- Plain text: https://secwatch.observer/filing/0001213900-24-066838.txt

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