CBAK Energy Technology (CBAT) Tax Rate (2018 - 2026)
CBAK Energy Technology (CBAT) posted Tax Rate of 21.0% for Q1 2026, up 1099.1% sequentially from 1.75% in Q4 2025, and up 2751.0% YoY from 0.74% in Q1 2025.
CBAK Energy Technology (CBAT) Tax Rate (2018 - 2026) Analysis & Trends
CBAK Energy Technology has reported Tax Rate for 9 years, with the latest figure at 21.0% in Q1 2026.
- Quarterly Tax Rate rose 2751.0% year-over-year to 21.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.44% (up 5353.0% YoY) and the FY2025 annual result came in at 1.66%, down 1233.0% from the prior year.
- Tax Rate improved to 21.0% in Q1 2026 per CBAT's latest filing, from 1.75% in the prior quarter.
- Over five years, Tax Rate peaked at 25.12% in Q4 2023 and troughed at 97.99% in Q3 2024.
- A 5-year average of 1.46% and a median of 9.8% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate sank 9894 bps in 2024, then soared 8831 bps in 2025.
- Over 5 years, Tax Rate stood at 9.73% in 2022, then surged by 158 bps to 25.12% in 2023, then sank by 58 bps to 10.58% in 2024, then sank by 83 bps to 1.75% in 2025, then jumped by 1099 bps to 21.0% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.0%, 1.75%, and 9.68% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 19.71% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 0.75% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 23.48% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 20.25% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 18.17% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 23.87% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 24.54% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 13.75% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 23.02% |
| 10 | CBAK Energy Technology | 74.09 Mn | -24.50 Mn | 1.04 Mn | 21.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.00% |
| Mar 31, 2026 | 21.00% |
| Mar 31, 2026 | 21.00% |
| Dec 31, 2025 | 1.75% |
| Dec 31, 2025 | 1.75% |
| Dec 31, 2025 | 1.75% |
| Sep 30, 2025 | -9.68% |
| Sep 30, 2025 | -9.68% |
| Sep 30, 2025 | -9.68% |
| Mar 31, 2025 | -6.51% |
| Mar 31, 2025 | -6.51% |
| Mar 31, 2025 | -6.51% |
| Dec 31, 2024 | 10.58% |
| Dec 31, 2024 | 10.58% |
| Dec 31, 2024 | 10.58% |
| Sep 30, 2024 | -97.99% |
| Sep 30, 2024 | -97.99% |
| Sep 30, 2024 | -97.99% |
| Jun 30, 2024 | 11.73% |
| Jun 30, 2024 | 11.73% |