CBAK Energy(US:CBAT) Jin Rong Jie·2025-08-06 14:15Core Viewpoint - The company Zhongbi Energy (CBAT) experienced a stock price increase of 4.76% on August 6, 2023, closing at $0.95 per share, with a total market capitalization of $85.44 million, despite reporting a significant decline in revenue and net profit for the fiscal year ending March 31, 2025 [1][2]. Financial Performance - As of March 31, 2025, Zhongbi Energy reported total revenue of $34.94 million, representing a year-over-year decrease of 40.6% [1]. - The company recorded a net loss attributable to shareholders of $1.58 million, which is a substantial decline of 116.05% compared to the previous year [1]. Upcoming Events - Zhongbi Energy is scheduled to disclose its fiscal year 2025 interim report on August 8, 2023, with the actual release date subject to company announcements [2]. Company Overview - Established on October 4, 1999, Zhongbi Energy is a leading high-tech enterprise specializing in the research, production, and sales of lithium-ion batteries, including square aluminum shell batteries, polymer batteries, and cylindrical batteries [2]. - The company's solutions are applied across various sectors, including light electric vehicles, electric passenger cars, electric buses, energy storage, backup power, electric tools, and more [2].