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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and CBAK Energy Technology, Inc. (CBAT). Click either name above to swap in a different company.

SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $58.8M, roughly 1.3× CBAK Energy Technology, Inc.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -12.5%, a 21.2% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs 10.6%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs -0.0%).

Saul Centers, Inc. is a self-administered real estate investment trust (REIT) headquartered in the United States. It primarily owns, operates, and develops high-quality shopping centers, mixed-use properties, and multifamily residential assets, with its core portfolio concentrated in the Washington D.C. metropolitan area and other select high-growth U.S. regional markets.

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.

BFS vs CBAT — Head-to-Head

Bigger by revenue
BFS
BFS
1.3× larger
BFS
$75.1M
$58.8M
CBAT
Growing faster (revenue YoY)
CBAT
CBAT
+121.1% gap
CBAT
131.8%
10.6%
BFS
Higher net margin
BFS
BFS
21.2% more per $
BFS
8.7%
-12.5%
CBAT
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
-0.0%
CBAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFS
BFS
CBAT
CBAT
Revenue
$75.1M
$58.8M
Net Profit
$6.5M
$-7.4M
Gross Margin
7.3%
Operating Margin
65.4%
-13.6%
Net Margin
8.7%
-12.5%
Revenue YoY
10.6%
131.8%
Net Profit YoY
-19.6%
-63.6%
EPS (diluted)
$0.15
$-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.

Revenue
BFS
BFS
CBAT
CBAT
Q4 25
$75.1M
$58.8M
Q3 25
$72.0M
$60.9M
Q2 25
$70.8M
$40.5M
Q1 25
$71.9M
$34.9M
Q4 24
$67.9M
$25.4M
Q3 24
$67.3M
$44.6M
Q2 24
$66.9M
$47.8M
Q1 24
$66.7M
$58.8M
Net Profit
BFS
BFS
CBAT
CBAT
Q4 25
$6.5M
$-7.4M
Q3 25
$10.5M
$2.7M
Q2 25
$10.7M
$-3.1M
Q1 25
$9.8M
$-1.6M
Q4 24
$8.1M
$-4.5M
Q3 24
$14.5M
$17.6K
Q2 24
$14.4M
$6.4M
Q1 24
$13.6M
$9.8M
Gross Margin
BFS
BFS
CBAT
CBAT
Q4 25
7.3%
Q3 25
8.0%
Q2 25
11.0%
Q1 25
13.7%
Q4 24
13.1%
Q3 24
73.6%
15.6%
Q2 24
74.2%
26.6%
Q1 24
72.8%
31.9%
Operating Margin
BFS
BFS
CBAT
CBAT
Q4 25
65.4%
-13.6%
Q3 25
69.1%
-6.6%
Q2 25
68.7%
-8.7%
Q1 25
66.5%
-8.2%
Q4 24
82.9%
-26.0%
Q3 24
72.8%
-1.9%
Q2 24
75.0%
12.4%
Q1 24
72.4%
17.4%
Net Margin
BFS
BFS
CBAT
CBAT
Q4 25
8.7%
-12.5%
Q3 25
14.6%
4.4%
Q2 25
15.1%
-7.6%
Q1 25
13.6%
-4.5%
Q4 24
11.9%
-17.8%
Q3 24
21.5%
0.0%
Q2 24
21.6%
13.5%
Q1 24
20.4%
16.7%
EPS (diluted)
BFS
BFS
CBAT
CBAT
Q4 25
$0.15
$-0.08
Q3 25
$0.32
$0.03
Q2 25
$0.33
$-0.03
Q1 25
$0.29
$-0.02
Q4 24
$0.22
$-0.05
Q3 24
$0.48
$0.00
Q2 24
$0.48
$0.07
Q1 24
$0.45
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFS
BFS
CBAT
CBAT
Cash + ST InvestmentsLiquidity on hand
$8.7M
$8.3M
Total DebtLower is stronger
$468.4M
$4.1M
Stockholders' EquityBook value
$307.8M
$112.7M
Total Assets
$2.2B
$426.2M
Debt / EquityLower = less leverage
1.52×
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
CBAT
CBAT
Q4 25
$8.7M
$8.3M
Q3 25
$11.8M
$10.5M
Q2 25
$5.3M
$45.7M
Q1 25
$6.5M
$9.6M
Q4 24
$10.3M
$11.0M
Q3 24
$7.2M
$24.2M
Q2 24
$6.9M
$44.1M
Q1 24
$7.1M
$23.8M
Total Debt
BFS
BFS
CBAT
CBAT
Q4 25
$468.4M
$4.1M
Q3 25
$1.6B
$4.8M
Q2 25
$1.6B
$4.9M
Q1 25
$1.5B
$4.1M
Q4 24
$455.8M
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
BFS
BFS
CBAT
CBAT
Q4 25
$307.8M
$112.7M
Q3 25
$316.6M
$121.4M
Q2 25
$322.4M
$118.2M
Q1 25
$328.4M
$120.8M
Q4 24
$335.8M
$121.7M
Q3 24
$341.8M
$131.2M
Q2 24
$345.7M
$126.6M
Q1 24
$347.1M
$120.9M
Total Assets
BFS
BFS
CBAT
CBAT
Q4 25
$2.2B
$426.2M
Q3 25
$2.2B
$363.9M
Q2 25
$2.1B
$333.1M
Q1 25
$2.1B
$311.5M
Q4 24
$2.1B
$302.2M
Q3 24
$2.1B
$293.5M
Q2 24
$2.1B
$279.6M
Q1 24
$2.0B
$286.5M
Debt / Equity
BFS
BFS
CBAT
CBAT
Q4 25
1.52×
0.04×
Q3 25
5.02×
0.04×
Q2 25
4.85×
0.04×
Q1 25
4.70×
0.03×
Q4 24
1.36×
Q3 24
4.37×
Q2 24
4.17×
Q1 24
4.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BFS
BFS
CBAT
CBAT
Operating Cash FlowLast quarter
$99.8M
$29.8M
Free Cash FlowOCF − Capex
$16.1M
FCF MarginFCF / Revenue
27.3%
Capex IntensityCapex / Revenue
23.4%
Cash ConversionOCF / Net Profit
15.35×
TTM Free Cash FlowTrailing 4 quarters
$3.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
CBAT
CBAT
Q4 25
$99.8M
$29.8M
Q3 25
$20.6M
$14.6M
Q2 25
$26.6M
$13.8M
Q1 25
$30.4M
$-9.6M
Q4 24
$121.2M
$9.6M
Q3 24
$26.5M
$19.7M
Q2 24
$32.1M
$2.9M
Q1 24
$33.8M
$7.4M
Free Cash Flow
BFS
BFS
CBAT
CBAT
Q4 25
$16.1M
Q3 25
$6.0M
Q2 25
$4.1M
Q1 25
$-22.3M
Q4 24
$3.9M
Q3 24
$-28.3M
$16.5M
Q2 24
$-12.5M
$2.5M
Q1 24
$-11.7M
$-454.0K
FCF Margin
BFS
BFS
CBAT
CBAT
Q4 25
27.3%
Q3 25
9.9%
Q2 25
10.2%
Q1 25
-63.9%
Q4 24
15.5%
Q3 24
-42.1%
37.1%
Q2 24
-18.7%
5.2%
Q1 24
-17.6%
-0.8%
Capex Intensity
BFS
BFS
CBAT
CBAT
Q4 25
23.4%
Q3 25
14.1%
Q2 25
23.8%
Q1 25
36.3%
Q4 24
22.5%
Q3 24
81.5%
7.0%
Q2 24
66.7%
0.9%
Q1 24
68.3%
13.4%
Cash Conversion
BFS
BFS
CBAT
CBAT
Q4 25
15.35×
Q3 25
1.97×
5.51×
Q2 25
2.48×
Q1 25
3.10×
Q4 24
14.98×
Q3 24
1.83×
1115.72×
Q2 24
2.22×
0.46×
Q1 24
2.48×
0.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BFS
BFS

Segment breakdown not available.

CBAT
CBAT

Manufacturing Lithium Batteries$28.0M48%
Residential Energy Supply And Uninterruptable Supplies$17.8M30%
Light Electric Vehicles$12.9M22%
Precursor$108.0K0%

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