vs
Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and CARRIAGE SERVICES INC (CSV). Click either name above to swap in a different company.
CARRIAGE SERVICES INC is the larger business by last-quarter revenue ($105.5M vs $58.8M, roughly 1.8× CBAK Energy Technology, Inc.). CARRIAGE SERVICES INC runs the higher net margin — 11.6% vs -12.5%, a 24.2% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs 8.0%). CBAK Energy Technology, Inc. produced more free cash flow last quarter ($16.1M vs $6.2M). Over the past eight quarters, CARRIAGE SERVICES INC's revenue compounded faster (1.0% CAGR vs -0.0%).
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.
Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.
CBAT vs CSV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $58.8M | $105.5M |
| Net Profit | $-7.4M | $12.3M |
| Gross Margin | 7.3% | 34.8% |
| Operating Margin | -13.6% | 23.3% |
| Net Margin | -12.5% | 11.6% |
| Revenue YoY | 131.8% | 8.0% |
| Net Profit YoY | -63.6% | 24.5% |
| EPS (diluted) | $-0.08 | $0.76 |
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.
| Q4 25 | $58.8M | $105.5M | ||
| Q3 25 | $60.9M | $102.7M | ||
| Q2 25 | $40.5M | $102.1M | ||
| Q1 25 | $34.9M | $107.1M | ||
| Q4 24 | $25.4M | $97.7M | ||
| Q3 24 | $44.6M | $100.7M | ||
| Q2 24 | $47.8M | $102.3M | ||
| Q1 24 | $58.8M | $103.5M |
| Q4 25 | $-7.4M | $12.3M | ||
| Q3 25 | $2.7M | $6.6M | ||
| Q2 25 | $-3.1M | $11.7M | ||
| Q1 25 | $-1.6M | $20.9M | ||
| Q4 24 | $-4.5M | $9.9M | ||
| Q3 24 | $17.6K | $9.9M | ||
| Q2 24 | $6.4M | $6.3M | ||
| Q1 24 | $9.8M | $7.0M |
| Q4 25 | 7.3% | 34.8% | ||
| Q3 25 | 8.0% | 35.3% | ||
| Q2 25 | 11.0% | 35.2% | ||
| Q1 25 | 13.7% | 35.3% | ||
| Q4 24 | 13.1% | 34.4% | ||
| Q3 24 | 15.6% | 35.2% | ||
| Q2 24 | 26.6% | 36.2% | ||
| Q1 24 | 31.9% | 36.0% |
| Q4 25 | -13.6% | 23.3% | ||
| Q3 25 | -6.6% | 17.0% | ||
| Q2 25 | -8.7% | 23.5% | ||
| Q1 25 | -8.2% | 29.5% | ||
| Q4 24 | -26.0% | 21.6% | ||
| Q3 24 | -1.9% | 22.7% | ||
| Q2 24 | 12.4% | 18.0% | ||
| Q1 24 | 17.4% | 18.8% |
| Q4 25 | -12.5% | 11.6% | ||
| Q3 25 | 4.4% | 6.4% | ||
| Q2 25 | -7.6% | 11.5% | ||
| Q1 25 | -4.5% | 19.5% | ||
| Q4 24 | -17.8% | 10.1% | ||
| Q3 24 | 0.0% | 9.8% | ||
| Q2 24 | 13.5% | 6.1% | ||
| Q1 24 | 16.7% | 6.7% |
| Q4 25 | $-0.08 | $0.76 | ||
| Q3 25 | $0.03 | $0.41 | ||
| Q2 25 | $-0.03 | $0.74 | ||
| Q1 25 | $-0.02 | $1.34 | ||
| Q4 24 | $-0.05 | $0.62 | ||
| Q3 24 | $0.00 | $0.63 | ||
| Q2 24 | $0.07 | $0.40 | ||
| Q1 24 | $0.11 | $0.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.3M | $1.7M |
| Total DebtLower is stronger | $4.1M | — |
| Stockholders' EquityBook value | $112.7M | $254.8M |
| Total Assets | $426.2M | $1.3B |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.3M | $1.7M | ||
| Q3 25 | $10.5M | $1.2M | ||
| Q2 25 | $45.7M | $1.4M | ||
| Q1 25 | $9.6M | $4.6M | ||
| Q4 24 | $11.0M | $1.2M | ||
| Q3 24 | $24.2M | $1.3M | ||
| Q2 24 | $44.1M | $1.5M | ||
| Q1 24 | $23.8M | $1.7M |
| Q4 25 | $4.1M | — | ||
| Q3 25 | $4.8M | — | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $4.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $112.7M | $254.8M | ||
| Q3 25 | $121.4M | $242.1M | ||
| Q2 25 | $118.2M | $235.4M | ||
| Q1 25 | $120.8M | $223.1M | ||
| Q4 24 | $121.7M | $208.6M | ||
| Q3 24 | $131.2M | $198.1M | ||
| Q2 24 | $126.6M | $187.9M | ||
| Q1 24 | $120.9M | $179.6M |
| Q4 25 | $426.2M | $1.3B | ||
| Q3 25 | $363.9M | $1.3B | ||
| Q2 25 | $333.1M | $1.3B | ||
| Q1 25 | $311.5M | $1.3B | ||
| Q4 24 | $302.2M | $1.3B | ||
| Q3 24 | $293.5M | $1.3B | ||
| Q2 24 | $279.6M | $1.3B | ||
| Q1 24 | $286.5M | $1.3B |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $14.1M |
| Free Cash FlowOCF − Capex | $16.1M | $6.2M |
| FCF MarginFCF / Revenue | 27.3% | 5.9% |
| Capex IntensityCapex / Revenue | 23.4% | 7.5% |
| Cash ConversionOCF / Net Profit | — | 1.15× |
| TTM Free Cash FlowTrailing 4 quarters | $3.9M | $40.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.8M | $14.1M | ||
| Q3 25 | $14.6M | $24.7M | ||
| Q2 25 | $13.8M | $8.1M | ||
| Q1 25 | $-9.6M | $13.8M | ||
| Q4 24 | $9.6M | $9.3M | ||
| Q3 24 | $19.7M | $20.9M | ||
| Q2 24 | $2.9M | $2.2M | ||
| Q1 24 | $7.4M | $19.7M |
| Q4 25 | $16.1M | $6.2M | ||
| Q3 25 | $6.0M | $18.0M | ||
| Q2 25 | $4.1M | $5.2M | ||
| Q1 25 | $-22.3M | $10.6M | ||
| Q4 24 | $3.9M | $4.9M | ||
| Q3 24 | $16.5M | $16.2M | ||
| Q2 24 | $2.5M | $-1.4M | ||
| Q1 24 | $-454.0K | $16.2M |
| Q4 25 | 27.3% | 5.9% | ||
| Q3 25 | 9.9% | 17.5% | ||
| Q2 25 | 10.2% | 5.1% | ||
| Q1 25 | -63.9% | 9.9% | ||
| Q4 24 | 15.5% | 5.0% | ||
| Q3 24 | 37.1% | 16.1% | ||
| Q2 24 | 5.2% | -1.4% | ||
| Q1 24 | -0.8% | 15.6% |
| Q4 25 | 23.4% | 7.5% | ||
| Q3 25 | 14.1% | 6.5% | ||
| Q2 25 | 23.8% | 2.8% | ||
| Q1 25 | 36.3% | 3.0% | ||
| Q4 24 | 22.5% | 4.5% | ||
| Q3 24 | 7.0% | 4.6% | ||
| Q2 24 | 0.9% | 3.5% | ||
| Q1 24 | 13.4% | 3.4% |
| Q4 25 | — | 1.15× | ||
| Q3 25 | 5.51× | 3.76× | ||
| Q2 25 | — | 0.69× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.94× | ||
| Q3 24 | 1115.72× | 2.11× | ||
| Q2 24 | 0.46× | 0.34× | ||
| Q1 24 | 0.76× | 2.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
CSV
| Propertyand Merchandise | $47.8M | 45% |
| Cemetery Interment Rights | $24.8M | 23% |
| Merchandise | $18.9M | 18% |
| Other Revenue | $10.2M | 10% |
| Other | $3.9M | 4% |
