ZYBERNO
Stock Report
Updated Aug 31, 2026

CBAK ENERGY TECHNOLOGY, INC. (CBAT)

Technology • NASDAQ

$1.01

Professional Investment Analysis

ZYBERNO SCORE
Is it a great business? Is it getting better?
38.0/100
WEAK BUSINESS
CBAK ENERGY TECHNOLOGY, INC. (CBAT) scores 38/100 — weak fundamentals with mixed indicators requiring careful analysis before acting.
📊 How is the Zyberno Score calculated? +
VALUATION SIGNAL
MARGIN OF SAFETY
Is this stock cheap or expensive relative to what the business has historically generated for owners?
+95.8%
Undervalued
Growth gap unavailable — insufficient data for reverse DCF calculation.
Significant divergence between Owner Earnings and Free Cash Flow (0.90×). Intrinsic Value and Brina Gap are likely overstated — acquisition-related D&A is inflating Owner Earnings. Verify earnings quality before acting.
🎯 Expected Annual Return
141.3%
Margin of Safety convergence — your return if the market re-prices to intrinsic value (5-yr annualised)
114.0%
Yield + growth — what the business alone earns you, even if the market never re-rates
💰 How is Margin of Safety calculated? +
📈 How is Brina Gap calculated? +

Critical Financial Health Indicators

Return on Equity (Profitability):CRITICAL (-15.3%)
Debt-to-Equity (Solvency Risk):EXCELLENT (0.09x)
Operating Margin (Operational Efficiency):CRITICAL (-11.0%)
Return on Capital (Capital Efficiency):CRITICAL (-4.4%)
📊 Valuation Trilogy
Three interconnected metrics for complete valuation analysis
Click any metric for full methodology and detailed analysis
Zyberno's Verdict

CBAK ENERGY TECHNOLOGY, INC. (CBAT) stock report — Zyberno Score 38/100 (WEAK BUSINESS), Margin of Safety +95.8%, 141% expected annual return. Full financial analysis on Zyberno.

According to Zyberno's DCF model, CBAK ENERGY TECHNOLOGY, INC. (CBAT) trades at $1.01 against an estimated intrinsic value per share of $24.29 — a +95.8% Margin of Safety based on Owner Earnings of $69.65M TTM, projected at 90.7% growth for 10 years with a 2.5% terminal growth rate. Zyberno's model translates this into a 5-year expected return of 141.3% annually.

Over the trailing twelve months, CBAT generated $69.65M in Owner Earnings. Capital was deployed as follows: $1.50M returned via share buybacks, $43.75M invested in capital expenditures. Reinvestment rate: -191.2%. Owner Earnings have grown at 90.7% annually over the trailing five years using log-linear regression.

DIVISION I: EXECUTIVE SUMMARY
A. Market Valuation

Market Price & Capitalization (2)

Current Price:1.01
Market Cap:$90.14M

Valuation Multiples (3)

P/B Ratio:0.88x
P/S Ratio:0.39x
Peg Ratio:-999.00x

Enterprise Metrics (2)

Enterprise Value:$419.25M
Pfcf Ratio:1.80x

Price Action & Momentum (3)

Momentum Percentile:8 / 100
% of 52-Week High:81.5%
B. Profitability Assessment

Return Metrics (5)

ROA:-4.2%
Reinvestment Rate:-191.2%
Fundamental Growth Rate (g):8.4%

Margin Analysis (3)

Operating Margin Ttm:-11.0%
Net Margin Ttm:-7.4%
Ebitda Margin:-6.1%

TTM Performance (3)

Gross Margin Ttm:6.4%
Operating Margin Ttm:-11.0%
Net Margin Ttm:-7.4%

Yield Metrics (3)

Earnings Yield:-$24.35
Owner Earnings Yield:$105.58
Dividend Yield:0.0%
C. Log-Linear Regression Growth Trends

Earnings Surprise (SUE) (3)

EPS Surprise vs Expected:-42.9%
Latest Earnings Filed:2026-05-18

Revenue Growth (Linear) (1)

Revenue Growth Rate (Linear):-1.5%

Earnings Growth (Linear) (1)

Net Income Growth Rate (Linear):10.9%

Cash Flow Growth (Linear) (2)

Free Cash Flow Growth Rate (Linear):36.3%
Operating Cash Flow Growth Rate (Linear):30.6%

Operating Growth (Linear) (1)

Operating Income Growth Rate (Linear):100.0%
D. Financial Stability

Liquidity Ratios (3)

Current Ratio:0.65x
Quick Ratio:0.44x
Cash Ratio:0.03x

Leverage Analysis (3)

Debt To Equity Ttm:0.09x
Debt-to-Equity Ratio:0.09x
Debt To Ebitda:-999.00x

Coverage Ratios (2)

Interest Coverage Ratio:-17.97x
Times Interest Earned:-17.97

Capital Structure (4)

Working Capital:-129,777,084.00
Cash And Cash Equivalents:9,338,921.00
Long Term Debt:$7.65M
Net Debt:$329.11M
DIVISION II: FINANCIAL STATEMENTS ANALYSIS
A. Income Statement Analysis

Revenue Components (2)

Revenue TTM: $229.87M
Linear Growth: -1.5%
📊 Click to view full CBAT Revenue analysis & methodology →
Cost Of Revenue Ttm:$215.21M

Profitability Breakdown (2)

Gross profit TTM: $14.66M
Linear Growth: -12.6%
📊 Click to view full CBAT Gross Profit analysis & methodology →
Operating income TTM: -$25.28M
Linear Growth: 100.0%
📊 Click to view full CBAT Operating Income analysis & methodology →

Bottom Line Performance (3)

Net income TTM: -$17.09M
Linear Growth: 10.9%
📊 Click to view full CBAT Net Income analysis & methodology →
Income Before Tax:-$18.04M
Ebitda Ttm:-13,927,080.00

Operating Expenses (5)

Operating Expenses:39,938,529.00
R And D Expense:16,997,577.00
Sga Expense:16,901,591.00
Income Tax Expense:-$807.45K
Interest Expense:1,025,946.00

Expense Ratios (3)

R And D To Revenue Percentage:24.4%
Sga To Revenue Percentage:24.3%
Ebitda Margin:-6.1%
B. Balance Sheet Analysis

Asset Composition (5)

Total Assets:$491.01M
Current Assets:$238.43M
Ppe Net:188,221,344.00
Goodwill:0.00
Intangible Assets:$68.31K

Liability Structure (4)

Total Liabilities:388,796,772.00
Current Liabilities:368,202,860.00
Long Term Debt:$7.65M
Short Term Debt:$330.80M

Equity & Capital (3)

Equity:$102.21M
Retained Earnings:-$143.08M
Common Stock:500,000,000.00

Working Capital Items (3)

Accounts Receivable:46,499,152.00
Inventory:75,673,735.00
Accounts Payable:203,021,449.00

Special Items (2)

Contract Liabilities:16,068,523.00
Stock Based Compensation:443.00
C. Cash Flow Analysis

Operating Activities (2)

Operating cash flow TTM: $80.46M
Linear Growth: 30.6%
Free cash flow TTM: $36.71M
Linear Growth: 36.3%
📊 Click to view full CBAT Free Cash Flow analysis & methodology →

Investment Activities (2)

Investing Cash Flow:-$11.78M
Capital Expenditures Ttm:43,747,631.00

Financing Activities (3)

Financing Cash Flow:$11.31M
Dividends Paid Ttm:0.00
Stock Repurchase:1,500,231.00

Capital Transactions (3)

Common Stock Issuance:0.00
Long Term Debt Issuance:$0.00
Long Term Debt Repayments:$0.00

Non-Cash Items (1)

Depreciation Amortization Ttm:11,350,727.00
DIVISION III: OPERATIONAL METRICS
A. Per Share Analysis

Earnings Per Share (3)

EPS (Basic TTM):-0.18
Eps diluted TTM: -$0.18
Linear Growth: -31.9%
📊 Click to view full CBAT EPS analysis & methodology →
Earnings Per Share Ttm:-$0.19

Revenue & Cash Per Share (3)

Sales Per Share Ttm:2.58
Operating Cash Flow Per Share:$0.54
Fcf Per Share Ttm:0.41

Book Value & Capital (2)

Book Value Per Share:$1.15
Cash Per Share:0.10

Dividend Policy (1)

Dividend Payout Ratio:-999.00x
B. Operational Efficiency

Asset Utilization (2)

Asset Turnover Ttm:0.57x
Working Capital Turnover Ttm:-999.00x

Receivables Management (2)

Receivables Turnover Ttm:4.94x
Days Sales Outstanding Ttm:73.83

Inventory Management (2)

Inventory Turnover Ttm:2.84x
Days Inventory Outstanding Ttm:128.35

Payables & Cash Cycle (2)

Days Payable Outstanding:344.33
Cash Conversion Cycle:-142.15
C. Quality & Risk Metrics

Financial Quality Scores (2)

Financial Strength Score:60.00
Quality Score:45.00

Market Metrics (2)

Beta:0.00x
Volatility Category:unknown
DIVISION IV: INVESTMENT ANALYSIS
A. Value Investment Framework

Owner Earnings Analysis (3)

Owner earnings TTM: $69.65M
Linear Growth: 90.7%
📊 Click to view full CBAT Owner Earnings analysis & methodology →
Owner Earnings Per Share:$0.78
Owner Earnings Yield:$105.58

Growth Assessment (1)

Owner Earnings Growth Rate:$90.73

Damodaran Growth Analysis (2)

Reinvestment Rate:-191.2%
Fundamental Growth Rate (g):8.4%

Intrinsic Value Models (1)

Return Scenarios (2)

Investment Assessment (1)

Buffett Assessment:Excellent margin of safety
B. Log-Linear Regression Growth Analysis

Growth Rates (Log-Linear Regression) (3)

Revenue Growth Rate (Linear):-1.5%
Net Income Growth Rate (Linear):10.9%
Operating Income Growth Rate (Linear):100.0%

Cash Flow Growth Rates (2)

Free Cash Flow Growth Rate (Linear):36.3%
Operating Cash Flow Growth Rate (Linear):30.6%

Other Growth Rates (3)

Gross Profit Growth Rate (Linear):-12.6%
Book Value Growth Rate (Linear):23.0%
Owner Earnings Growth Rate:$90.73
C. Company Profile & Context

Corporate Information (6)

Symbol:CBAT
Company Name:CBAK ENERGY TECHNOLOGY, INC.
Sector:Technology
Industry:Miscellaneous Electrical Machinery, Equipment & Supplies
Exchange:NASDAQ
Country:China

Market Classification (3)

Market Cap Category:N/A
Price Category:penny
Volume Category:N/A

Share Structure (3)

Shares Outstanding:89.25M
Shares Outstanding Basic:89.25M
Shares Outstanding Diluted:89.25M

Data Processing Info (3)

Processing Version:v3.0
Last Updated:2026-08-31 23:42:13 UTC
Data Timestamp:2026-08-20T03:58:56.768261
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