CBAK Energy Technology CBAT
NASDAQ CBAT
$0.92 +0.10 (+12.04%)
As of: Aug 21, 2026 · 10:00 AM EDT

CBAK Energy Technology (CBAT) Work In Process (2020 - 2026)

CBAK Energy Technology (CBAT) posted Work In Process of $23.4 million for Q1 2026, up 94.19% sequentially from $12.1 million in Q4 2025, and up 178.28% YoY from $8.4 million in Q1 2025.

CBAK Energy Technology (CBAT) Work In Process (2020 - 2026) Analysis & Trends

CBAK Energy Technology has reported Work In Process for 7 years, with the latest figure at $23.4 million in Q1 2026.

  • Quarterly Work In Process rose 178.28% year-over-year to $23.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $23.4 million (up 178.28% YoY) and the FY2025 annual result came in at $12.1 million, up 139.47% from the prior year.
  • Work In Process grew to $23.4 million in Q1 2026 per CBAT's latest filing, from $12.1 million in the prior quarter.
  • Over five years, Work In Process peaked at $23.4 million in Q1 2026 and troughed at $4.6 million in Q3 2024.
  • A 5-year average of $11.7 million and a median of $11.8 million in 2023 frame the typical range for Work In Process.
  • The sharpest annual moves came in 2022 and 2024: Work In Process jumped 406.35% in 2022, then plunged 60.84% in 2024.
  • Over 5 years, Work In Process stood at $17.3 million in 2022, then slumped by 44.86% to $9.5 million in 2023, then sank by 47.15% to $5.0 million in 2024, then soared by 139.47% to $12.1 million in 2025, then soared by 94.19% to $23.4 million in 2026.
  • According to Business Quant data, Work In Process over the past three periods registered $23.4 million, $12.1 million, and $9.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertiv Holdings 100.89 Bn 97.78 Bn 1.23 Bn
2 Bloom Energy 58.81 Bn 56.14 Bn 355.57 Mn
3 nVent Electric 25.13 Bn 24.87 Bn 558.00 Mn
4 Hubbell 25.07 Bn 24.67 Bn 613.00 Mn
5 Advanced Energy Industries 11.22 Bn 9.81 Bn 236.10 Mn
6 Acuity Inc. (De) 10.39 Bn 9.98 Bn 606.40 Mn
7 Powell Industries 7.22 Bn 6.59 Bn 95.30 Mn
8 EnerSys 6.96 Bn 6.42 Bn 313.36 Mn
9 Hayward Holdings 3.21 Bn 2.72 Bn 155.05 Mn
10 CBAK Energy Technology 82.12 Mn -16.48 Mn 1.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.41 Mn
Dec 31, 2025 12.06 Mn
Sep 30, 2025 9.06 Mn
Jun 30, 2025 10.62 Mn
Mar 31, 2025 8.41 Mn
Dec 31, 2024 5.03 Mn
Sep 30, 2024 4.60 Mn
Jun 30, 2024 11.88 Mn
Dec 31, 2023 9.53 Mn
Sep 30, 2023 11.74 Mn
Jun 30, 2023 12.57 Mn
Dec 31, 2022 17.27 Mn
Sep 30, 2022 14.14 Mn
Jun 30, 2022 13.85 Mn
Dec 31, 2021 8.09 Mn
Jun 30, 2021 2.74 Mn
Dec 31, 2020 2.34 Mn