vs
Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and CBAK Energy Technology, Inc. (CBAT). Click either name above to swap in a different company.
American Assets Trust, Inc. is the larger business by last-quarter revenue ($110.6M vs $58.8M, roughly 1.9× CBAK Energy Technology, Inc.). American Assets Trust, Inc. runs the higher net margin — 6.1% vs -12.5%, a 18.6% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs 1.8%). Over the past eight quarters, CBAK Energy Technology, Inc.'s revenue compounded faster (-0.0% CAGR vs -0.1%).
Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.
CBAK Energy Technology, Inc. is a global supplier of lithium-ion battery products including high-performance cells, modules and battery packs. It serves key segments such as electric vehicles, stationary energy storage systems and consumer electronics, with core operations in China and a worldwide customer base.
AAT vs CBAT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $110.6M | $58.8M |
| Net Profit | $6.7M | $-7.4M |
| Gross Margin | — | 7.3% |
| Operating Margin | 23.4% | -13.6% |
| Net Margin | 6.1% | -12.5% |
| Revenue YoY | 1.8% | 131.8% |
| Net Profit YoY | -16.3% | -63.6% |
| EPS (diluted) | $0.08 | $-0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $110.6M | — | ||
| Q4 25 | $110.1M | $58.8M | ||
| Q3 25 | $109.6M | $60.9M | ||
| Q2 25 | $107.9M | $40.5M | ||
| Q1 25 | $108.6M | $34.9M | ||
| Q4 24 | $113.5M | $25.4M | ||
| Q3 24 | $122.8M | $44.6M | ||
| Q2 24 | $110.9M | $47.8M |
| Q1 26 | $6.7M | — | ||
| Q4 25 | — | $-7.4M | ||
| Q3 25 | $4.5M | $2.7M | ||
| Q2 25 | $5.5M | $-3.1M | ||
| Q1 25 | $42.5M | $-1.6M | ||
| Q4 24 | — | $-4.5M | ||
| Q3 24 | $16.7M | $17.6K | ||
| Q2 24 | $11.9M | $6.4M |
| Q1 26 | — | — | ||
| Q4 25 | 59.4% | 7.3% | ||
| Q3 25 | 60.5% | 8.0% | ||
| Q2 25 | 62.6% | 11.0% | ||
| Q1 25 | 62.0% | 13.7% | ||
| Q4 24 | 61.3% | 13.1% | ||
| Q3 24 | 65.5% | 15.6% | ||
| Q2 24 | 63.6% | 26.6% |
| Q1 26 | 23.4% | — | ||
| Q4 25 | 21.1% | -13.6% | ||
| Q3 25 | 22.6% | -6.6% | ||
| Q2 25 | 24.1% | -8.7% | ||
| Q1 25 | 66.3% | -8.2% | ||
| Q4 24 | 26.5% | -26.0% | ||
| Q3 24 | 30.8% | -1.9% | ||
| Q2 24 | 27.8% | 12.4% |
| Q1 26 | 6.1% | — | ||
| Q4 25 | — | -12.5% | ||
| Q3 25 | 4.1% | 4.4% | ||
| Q2 25 | 5.1% | -7.6% | ||
| Q1 25 | 39.2% | -4.5% | ||
| Q4 24 | — | -17.8% | ||
| Q3 24 | 13.6% | 0.0% | ||
| Q2 24 | 10.7% | 13.5% |
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.06 | $-0.08 | ||
| Q3 25 | $0.07 | $0.03 | ||
| Q2 25 | $0.09 | $-0.03 | ||
| Q1 25 | $0.70 | $-0.02 | ||
| Q4 24 | $0.14 | $-0.05 | ||
| Q3 24 | $0.28 | $0.00 | ||
| Q2 24 | $0.20 | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $118.3M | $8.3M |
| Total DebtLower is stronger | — | $4.1M |
| Stockholders' EquityBook value | $1.1B | $112.7M |
| Total Assets | $2.9B | $426.2M |
| Debt / EquityLower = less leverage | — | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $118.3M | — | ||
| Q4 25 | $129.4M | $8.3M | ||
| Q3 25 | $138.7M | $10.5M | ||
| Q2 25 | $143.7M | $45.7M | ||
| Q1 25 | $143.9M | $9.6M | ||
| Q4 24 | $425.7M | $11.0M | ||
| Q3 24 | $533.0M | $24.2M | ||
| Q2 24 | $114.9M | $44.1M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $4.1M | ||
| Q3 25 | — | $4.8M | ||
| Q2 25 | — | $4.9M | ||
| Q1 25 | — | $4.1M | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.2B | $112.7M | ||
| Q3 25 | $1.2B | $121.4M | ||
| Q2 25 | $1.2B | $118.2M | ||
| Q1 25 | $1.2B | $120.8M | ||
| Q4 24 | $1.2B | $121.7M | ||
| Q3 24 | $1.2B | $131.2M | ||
| Q2 24 | $1.2B | $126.6M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $426.2M | ||
| Q3 25 | $2.9B | $363.9M | ||
| Q2 25 | $3.0B | $333.1M | ||
| Q1 25 | $3.0B | $311.5M | ||
| Q4 24 | $3.3B | $302.2M | ||
| Q3 24 | $3.4B | $293.5M | ||
| Q2 24 | $3.0B | $279.6M |
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | 0.04× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | 1.72× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $29.8M |
| Free Cash FlowOCF − Capex | — | $16.1M |
| FCF MarginFCF / Revenue | — | 27.3% |
| Capex IntensityCapex / Revenue | 14.5% | 23.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $167.1M | $29.8M | ||
| Q3 25 | $40.5M | $14.6M | ||
| Q2 25 | $49.2M | $13.8M | ||
| Q1 25 | $36.9M | $-9.6M | ||
| Q4 24 | $207.1M | $9.6M | ||
| Q3 24 | $52.4M | $19.7M | ||
| Q2 24 | $59.3M | $2.9M |
| Q1 26 | — | — | ||
| Q4 25 | $94.9M | $16.1M | ||
| Q3 25 | $23.1M | $6.0M | ||
| Q2 25 | $28.4M | $4.1M | ||
| Q1 25 | $20.4M | $-22.3M | ||
| Q4 24 | $136.9M | $3.9M | ||
| Q3 24 | $28.0M | $16.5M | ||
| Q2 24 | $43.6M | $2.5M |
| Q1 26 | — | — | ||
| Q4 25 | 86.2% | 27.3% | ||
| Q3 25 | 21.1% | 9.9% | ||
| Q2 25 | 26.3% | 10.2% | ||
| Q1 25 | 18.8% | -63.9% | ||
| Q4 24 | 120.7% | 15.5% | ||
| Q3 24 | 22.8% | 37.1% | ||
| Q2 24 | 39.3% | 5.2% |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 65.6% | 23.4% | ||
| Q3 25 | 15.9% | 14.1% | ||
| Q2 25 | 19.3% | 23.8% | ||
| Q1 25 | 15.1% | 36.3% | ||
| Q4 24 | 61.9% | 22.5% | ||
| Q3 24 | 19.9% | 7.0% | ||
| Q2 24 | 14.1% | 0.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 8.98× | 5.51× | ||
| Q2 25 | 9.01× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.15× | 1115.72× | ||
| Q2 24 | 4.98× | 0.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAT
| Rental income | $104.4M | 94% |
| Other | $6.2M | 6% |
CBAT
| Manufacturing Lithium Batteries | $28.0M | 48% |
| Residential Energy Supply And Uninterruptable Supplies | $17.8M | 30% |
| Light Electric Vehicles | $12.9M | 22% |
| Precursor | $108.0K | 0% |
