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

CBAK Energy Technology, Inc. is the larger business by last-quarter revenue ($58.8M vs $57.3M, roughly 1.0× RHYTHM PHARMACEUTICALS, INC.). CBAK Energy Technology, Inc. runs the higher net margin — -12.5% vs -83.0%, a 70.4% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs 36.9%). Over the past eight quarters, RHYTHM PHARMACEUTICALS, INC.'s revenue compounded faster (48.5% 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.

Rhythm Pharmaceuticals is a biopharmaceutical firm focused on developing and commercializing targeted therapies for rare genetic disorders causing severe unmanageable obesity, including POMC deficiency, LEPR deficiency, and Bardet-Biedl syndrome. It serves patients in North America and Europe who lack effective standard treatments for their chronic life-altering conditions.

CBAT vs RYTM — Head-to-Head

Bigger by revenue
CBAT
CBAT
1.0× larger
CBAT
$58.8M
$57.3M
RYTM
Growing faster (revenue YoY)
CBAT
CBAT
+94.9% gap
CBAT
131.8%
36.9%
RYTM
Higher net margin
CBAT
CBAT
70.4% more per $
CBAT
-12.5%
-83.0%
RYTM
Faster 2-yr revenue CAGR
RYTM
RYTM
Annualised
RYTM
48.5%
-0.0%
CBAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBAT
CBAT
RYTM
RYTM
Revenue
$58.8M
$57.3M
Net Profit
$-7.4M
$-47.5M
Gross Margin
7.3%
91.6%
Operating Margin
-13.6%
-82.2%
Net Margin
-12.5%
-83.0%
Revenue YoY
131.8%
36.9%
Net Profit YoY
-63.6%
-9.6%
EPS (diluted)
$-0.08
$-0.73

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
RYTM
RYTM
Q4 25
$58.8M
$57.3M
Q3 25
$60.9M
$51.3M
Q2 25
$40.5M
$48.5M
Q1 25
$34.9M
$32.7M
Q4 24
$25.4M
$41.8M
Q3 24
$44.6M
$33.3M
Q2 24
$47.8M
$29.1M
Q1 24
$58.8M
$26.0M
Net Profit
CBAT
CBAT
RYTM
RYTM
Q4 25
$-7.4M
$-47.5M
Q3 25
$2.7M
$-52.9M
Q2 25
$-3.1M
$-46.6M
Q1 25
$-1.6M
$-49.5M
Q4 24
$-4.5M
$-43.3M
Q3 24
$17.6K
$-43.6M
Q2 24
$6.4M
$-32.3M
Q1 24
$9.8M
$-141.4M
Gross Margin
CBAT
CBAT
RYTM
RYTM
Q4 25
7.3%
91.6%
Q3 25
8.0%
89.3%
Q2 25
11.0%
88.6%
Q1 25
13.7%
88.8%
Q4 24
13.1%
90.9%
Q3 24
15.6%
88.5%
Q2 24
26.6%
89.9%
Q1 24
31.9%
89.2%
Operating Margin
CBAT
CBAT
RYTM
RYTM
Q4 25
-13.6%
-82.2%
Q3 25
-6.6%
-102.6%
Q2 25
-8.7%
-93.4%
Q1 25
-8.2%
-143.7%
Q4 24
-26.0%
-98.6%
Q3 24
-1.9%
-132.0%
Q2 24
12.4%
-139.2%
Q1 24
17.4%
-538.7%
Net Margin
CBAT
CBAT
RYTM
RYTM
Q4 25
-12.5%
-83.0%
Q3 25
4.4%
-103.1%
Q2 25
-7.6%
-96.1%
Q1 25
-4.5%
-151.4%
Q4 24
-17.8%
-103.6%
Q3 24
0.0%
-131.2%
Q2 24
13.5%
-110.9%
Q1 24
16.7%
-544.4%
EPS (diluted)
CBAT
CBAT
RYTM
RYTM
Q4 25
$-0.08
$-0.73
Q3 25
$0.03
$-0.82
Q2 25
$-0.03
$-0.75
Q1 25
$-0.02
$-0.81
Q4 24
$-0.05
$-0.71
Q3 24
$0.00
$-0.73
Q2 24
$0.07
$-0.55
Q1 24
$0.11
$-2.35

Balance Sheet & Financial Strength

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

Metric
CBAT
CBAT
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$8.3M
$388.9M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$112.7M
$139.1M
Total Assets
$426.2M
$480.2M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBAT
CBAT
RYTM
RYTM
Q4 25
$8.3M
$388.9M
Q3 25
$10.5M
$416.1M
Q2 25
$45.7M
$291.0M
Q1 25
$9.6M
$314.5M
Q4 24
$11.0M
$320.6M
Q3 24
$24.2M
$298.4M
Q2 24
$44.1M
$319.1M
Q1 24
$23.8M
$201.2M
Total Debt
CBAT
CBAT
RYTM
RYTM
Q4 25
$4.1M
Q3 25
$4.8M
Q2 25
$4.9M
Q1 25
$4.1M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CBAT
CBAT
RYTM
RYTM
Q4 25
$112.7M
$139.1M
Q3 25
$121.4M
$148.8M
Q2 25
$118.2M
$-11.9M
Q1 25
$120.8M
$18.9M
Q4 24
$121.7M
$21.7M
Q3 24
$131.2M
$11.2M
Q2 24
$126.6M
$39.3M
Q1 24
$120.9M
$61.6M
Total Assets
CBAT
CBAT
RYTM
RYTM
Q4 25
$426.2M
$480.2M
Q3 25
$363.9M
$506.9M
Q2 25
$333.1M
$372.7M
Q1 25
$311.5M
$386.7M
Q4 24
$302.2M
$392.3M
Q3 24
$293.5M
$363.6M
Q2 24
$279.6M
$381.8M
Q1 24
$286.5M
$258.7M
Debt / Equity
CBAT
CBAT
RYTM
RYTM
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
CBAT
CBAT
RYTM
RYTM
Operating Cash FlowLast quarter
$29.8M
$-25.4M
Free Cash FlowOCF − Capex
$16.1M
FCF MarginFCF / Revenue
27.3%
Capex IntensityCapex / Revenue
23.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$3.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBAT
CBAT
RYTM
RYTM
Q4 25
$29.8M
$-25.4M
Q3 25
$14.6M
$-26.6M
Q2 25
$13.8M
$-23.3M
Q1 25
$-9.6M
$-40.4M
Q4 24
$9.6M
$-18.8M
Q3 24
$19.7M
$-25.2M
Q2 24
$2.9M
$-29.1M
Q1 24
$7.4M
$-40.7M
Free Cash Flow
CBAT
CBAT
RYTM
RYTM
Q4 25
$16.1M
Q3 25
$6.0M
Q2 25
$4.1M
Q1 25
$-22.3M
Q4 24
$3.9M
Q3 24
$16.5M
Q2 24
$2.5M
Q1 24
$-454.0K
FCF Margin
CBAT
CBAT
RYTM
RYTM
Q4 25
27.3%
Q3 25
9.9%
Q2 25
10.2%
Q1 25
-63.9%
Q4 24
15.5%
Q3 24
37.1%
Q2 24
5.2%
Q1 24
-0.8%
Capex Intensity
CBAT
CBAT
RYTM
RYTM
Q4 25
23.4%
Q3 25
14.1%
Q2 25
23.8%
Q1 25
36.3%
Q4 24
22.5%
Q3 24
7.0%
Q2 24
0.9%
Q1 24
13.4%
Cash Conversion
CBAT
CBAT
RYTM
RYTM
Q4 25
Q3 25
5.51×
Q2 25
Q1 25
Q4 24
Q3 24
1115.72×
Q2 24
0.46×
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%

RYTM
RYTM

Segment breakdown not available.

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