Overview

* CBAK Energy Q2 2025 revenue falls 15% to $40.52 mln

* Company reports Q2 net loss of $3.07 mln, compared to net income last year

* Gross margin drops to 11% from 26.6% in Q2 2024

Outlook

* CBAK Energy ( CBAT ) anticipates Nanjing Phase II growth acceleration by year-end

* Company finalizing agreements with international customers for future growth

* CBAK Energy ( CBAT ) sees gradual recovery as product portfolio transitions

Result Drivers

* PRODUCT TRANSITION - Revenue decline attributed to transition from Model 26650 to Model 40135 at Dalian facilities

* CAPACITY CONSTRAINTS - Nanjing facilities fully booked for Model 32140, prompting expansion to meet demand

* EXPECTED RECOVERY - Anticipated recovery in Dalian and Nanjing facilities following product validation and capacity expansion

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $40.52

Revenue mln

Q2 EPS -$0.03

Q2 Net -$3.07

Income mln

Q2 Gross 11.0%

Margin

Q2 -$3.53

Operatin mln

g Income

Analyst Coverage

* Wall Street's median 12-month price target for CBAK Energy Technology Inc ( CBAT ) is $1.50, about 34.1% above its August 15 closing price of $0.99

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)