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Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $58.8M, roughly 1.2× CBAK Energy Technology, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -12.5%, a 14.6% 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%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $16.1M). Over the past eight quarters, CBAK Energy Technology, Inc.'s revenue compounded faster (-0.0% CAGR vs -4.7%).

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.

RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.

CBAT vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.2× larger
RMAX
$71.1M
$58.8M
CBAT
Growing faster (revenue YoY)
CBAT
CBAT
+133.6% gap
CBAT
131.8%
-1.8%
RMAX
Higher net margin
RMAX
RMAX
14.6% more per $
RMAX
2.0%
-12.5%
CBAT
More free cash flow
RMAX
RMAX
$17.4M more FCF
RMAX
$33.5M
$16.1M
CBAT
Faster 2-yr revenue CAGR
CBAT
CBAT
Annualised
CBAT
-0.0%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBAT
CBAT
RMAX
RMAX
Revenue
$58.8M
$71.1M
Net Profit
$-7.4M
$1.4M
Gross Margin
7.3%
Operating Margin
-13.6%
13.1%
Net Margin
-12.5%
2.0%
Revenue YoY
131.8%
-1.8%
Net Profit YoY
-63.6%
-75.2%
EPS (diluted)
$-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
CBAT
CBAT
RMAX
RMAX
Q4 25
$58.8M
$71.1M
Q3 25
$60.9M
$73.2M
Q2 25
$40.5M
$72.8M
Q1 25
$34.9M
$74.5M
Q4 24
$25.4M
$72.5M
Q3 24
$44.6M
$78.5M
Q2 24
$47.8M
$78.5M
Q1 24
$58.8M
$78.3M
Net Profit
CBAT
CBAT
RMAX
RMAX
Q4 25
$-7.4M
$1.4M
Q3 25
$2.7M
$4.0M
Q2 25
$-3.1M
$4.7M
Q1 25
$-1.6M
$-2.0M
Q4 24
$-4.5M
$5.8M
Q3 24
$17.6K
$966.0K
Q2 24
$6.4M
$3.7M
Q1 24
$9.8M
$-3.4M
Gross Margin
CBAT
CBAT
RMAX
RMAX
Q4 25
7.3%
Q3 25
8.0%
Q2 25
11.0%
Q1 25
13.7%
Q4 24
13.1%
Q3 24
15.6%
Q2 24
26.6%
Q1 24
31.9%
Operating Margin
CBAT
CBAT
RMAX
RMAX
Q4 25
-13.6%
13.1%
Q3 25
-6.6%
25.0%
Q2 25
-8.7%
19.3%
Q1 25
-8.2%
7.2%
Q4 24
-26.0%
5.9%
Q3 24
-1.9%
19.4%
Q2 24
12.4%
20.6%
Q1 24
17.4%
5.8%
Net Margin
CBAT
CBAT
RMAX
RMAX
Q4 25
-12.5%
2.0%
Q3 25
4.4%
5.4%
Q2 25
-7.6%
6.4%
Q1 25
-4.5%
-2.6%
Q4 24
-17.8%
8.0%
Q3 24
0.0%
1.2%
Q2 24
13.5%
4.7%
Q1 24
16.7%
-4.3%
EPS (diluted)
CBAT
CBAT
RMAX
RMAX
Q4 25
$-0.08
Q3 25
$0.03
Q2 25
$-0.03
Q1 25
$-0.02
Q4 24
$-0.05
Q3 24
$0.00
Q2 24
$0.07
Q1 24
$0.11

Balance Sheet & Financial Strength

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

Metric
CBAT
CBAT
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$8.3M
$118.7M
Total DebtLower is stronger
$4.1M
$432.2M
Stockholders' EquityBook value
$112.7M
$452.4M
Total Assets
$426.2M
$582.5M
Debt / EquityLower = less leverage
0.04×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBAT
CBAT
RMAX
RMAX
Q4 25
$8.3M
$118.7M
Q3 25
$10.5M
$107.5M
Q2 25
$45.7M
$94.3M
Q1 25
$9.6M
$89.1M
Q4 24
$11.0M
$96.6M
Q3 24
$24.2M
$83.8M
Q2 24
$44.1M
$66.1M
Q1 24
$23.8M
$82.1M
Total Debt
CBAT
CBAT
RMAX
RMAX
Q4 25
$4.1M
$432.2M
Q3 25
$4.8M
$433.3M
Q2 25
$4.9M
$434.4M
Q1 25
$4.1M
$435.3M
Q4 24
$436.2M
Q3 24
$437.2M
Q2 24
$438.1M
Q1 24
$439.0M
Stockholders' Equity
CBAT
CBAT
RMAX
RMAX
Q4 25
$112.7M
$452.4M
Q3 25
$121.4M
$448.1M
Q2 25
$118.2M
$442.4M
Q1 25
$120.8M
$433.5M
Q4 24
$121.7M
$429.5M
Q3 24
$131.2M
$423.1M
Q2 24
$126.6M
$418.4M
Q1 24
$120.9M
$412.0M
Total Assets
CBAT
CBAT
RMAX
RMAX
Q4 25
$426.2M
$582.5M
Q3 25
$363.9M
$582.2M
Q2 25
$333.1M
$574.8M
Q1 25
$311.5M
$571.4M
Q4 24
$302.2M
$581.6M
Q3 24
$293.5M
$578.6M
Q2 24
$279.6M
$571.4M
Q1 24
$286.5M
$566.7M
Debt / Equity
CBAT
CBAT
RMAX
RMAX
Q4 25
0.04×
0.96×
Q3 25
0.04×
0.97×
Q2 25
0.04×
0.98×
Q1 25
0.03×
1.00×
Q4 24
1.02×
Q3 24
1.03×
Q2 24
1.05×
Q1 24
1.07×

Cash Flow & Capital Efficiency

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

Metric
CBAT
CBAT
RMAX
RMAX
Operating Cash FlowLast quarter
$29.8M
$40.9M
Free Cash FlowOCF − Capex
$16.1M
$33.5M
FCF MarginFCF / Revenue
27.3%
47.1%
Capex IntensityCapex / Revenue
23.4%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$3.9M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBAT
CBAT
RMAX
RMAX
Q4 25
$29.8M
$40.9M
Q3 25
$14.6M
$17.7M
Q2 25
$13.8M
$4.6M
Q1 25
$-9.6M
$5.7M
Q4 24
$9.6M
$59.7M
Q3 24
$19.7M
$17.6M
Q2 24
$2.9M
$15.9M
Q1 24
$7.4M
$9.4M
Free Cash Flow
CBAT
CBAT
RMAX
RMAX
Q4 25
$16.1M
$33.5M
Q3 25
$6.0M
$16.4M
Q2 25
$4.1M
$2.9M
Q1 25
$-22.3M
$4.0M
Q4 24
$3.9M
$53.0M
Q3 24
$16.5M
$16.3M
Q2 24
$2.5M
$14.0M
Q1 24
$-454.0K
$6.8M
FCF Margin
CBAT
CBAT
RMAX
RMAX
Q4 25
27.3%
47.1%
Q3 25
9.9%
22.4%
Q2 25
10.2%
4.0%
Q1 25
-63.9%
5.3%
Q4 24
15.5%
73.2%
Q3 24
37.1%
20.8%
Q2 24
5.2%
17.8%
Q1 24
-0.8%
8.6%
Capex Intensity
CBAT
CBAT
RMAX
RMAX
Q4 25
23.4%
10.4%
Q3 25
14.1%
1.8%
Q2 25
23.8%
2.2%
Q1 25
36.3%
2.3%
Q4 24
22.5%
9.1%
Q3 24
7.0%
1.7%
Q2 24
0.9%
2.4%
Q1 24
13.4%
3.3%
Cash Conversion
CBAT
CBAT
RMAX
RMAX
Q4 25
28.39×
Q3 25
5.51×
4.45×
Q2 25
0.97×
Q1 25
Q4 24
10.28×
Q3 24
1115.72×
18.22×
Q2 24
0.46×
4.29×
Q1 24
0.76×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBAT
CBAT

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

RMAX
RMAX

Franchising Segment$50.1M70%
Broker Fees$13.9M20%
Annual Dues$7.4M10%

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