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Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and SBC Medical Group Holdings Inc (SBC). 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 $39.6M, roughly 1.5× SBC Medical Group Holdings Inc). SBC Medical Group Holdings Inc runs the higher net margin — 35.9% vs -12.5%, a 48.4% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs -10.9%). SBC Medical Group Holdings Inc produced more free cash flow last quarter ($51.2M vs $16.1M). Over the past eight quarters, CBAK Energy Technology, Inc.'s revenue compounded faster (-0.0% CAGR vs -15.0%).

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.

SBC Medical Group Holdings Inc. is a leading Japan-headquartered healthcare provider primarily focused on aesthetic medicine, dermatology, and anti-aging wellness services. It operates an extensive network of clinics across Japan, catering to both domestic patients and international medical tourists, with core offerings including cosmetic surgery and non-invasive skincare treatments.

CBAT vs SBC — Head-to-Head

Bigger by revenue
CBAT
CBAT
1.5× larger
CBAT
$58.8M
$39.6M
SBC
Growing faster (revenue YoY)
CBAT
CBAT
+142.7% gap
CBAT
131.8%
-10.9%
SBC
Higher net margin
SBC
SBC
48.4% more per $
SBC
35.9%
-12.5%
CBAT
More free cash flow
SBC
SBC
$35.1M more FCF
SBC
$51.2M
$16.1M
CBAT
Faster 2-yr revenue CAGR
CBAT
CBAT
Annualised
CBAT
-0.0%
-15.0%
SBC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBAT
CBAT
SBC
SBC
Revenue
$58.8M
$39.6M
Net Profit
$-7.4M
$14.2M
Gross Margin
7.3%
73.1%
Operating Margin
-13.6%
32.5%
Net Margin
-12.5%
35.9%
Revenue YoY
131.8%
-10.9%
Net Profit YoY
-63.6%
117.2%
EPS (diluted)
$-0.08
$0.15

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
SBC
SBC
Q4 25
$58.8M
$39.6M
Q3 25
$60.9M
$43.4M
Q2 25
$40.5M
$43.4M
Q1 25
$34.9M
$47.3M
Q4 24
$25.4M
$44.4M
Q3 24
$44.6M
$53.1M
Q2 24
$47.8M
$53.1M
Q1 24
$58.8M
$54.8M
Net Profit
CBAT
CBAT
SBC
SBC
Q4 25
$-7.4M
$14.2M
Q3 25
$2.7M
$12.8M
Q2 25
$-3.1M
$2.5M
Q1 25
$-1.6M
$21.5M
Q4 24
$-4.5M
$6.5M
Q3 24
$17.6K
$2.8M
Q2 24
$6.4M
$18.5M
Q1 24
$9.8M
$18.8M
Gross Margin
CBAT
CBAT
SBC
SBC
Q4 25
7.3%
73.1%
Q3 25
8.0%
70.6%
Q2 25
11.0%
69.2%
Q1 25
13.7%
79.7%
Q4 24
13.1%
76.3%
Q3 24
15.6%
81.5%
Q2 24
26.6%
74.2%
Q1 24
31.9%
72.1%
Operating Margin
CBAT
CBAT
SBC
SBC
Q4 25
-13.6%
32.5%
Q3 25
-6.6%
36.6%
Q2 25
-8.7%
33.6%
Q1 25
-8.2%
51.1%
Q4 24
-26.0%
10.6%
Q3 24
-1.9%
26.1%
Q2 24
12.4%
51.4%
Q1 24
17.4%
44.6%
Net Margin
CBAT
CBAT
SBC
SBC
Q4 25
-12.5%
35.9%
Q3 25
4.4%
29.6%
Q2 25
-7.6%
5.7%
Q1 25
-4.5%
45.4%
Q4 24
-17.8%
14.7%
Q3 24
0.0%
5.3%
Q2 24
13.5%
34.8%
Q1 24
16.7%
34.2%
EPS (diluted)
CBAT
CBAT
SBC
SBC
Q4 25
$-0.08
$0.15
Q3 25
$0.03
$0.12
Q2 25
$-0.03
$0.02
Q1 25
$-0.02
$0.21
Q4 24
$-0.05
$0.05
Q3 24
$0.00
$0.03
Q2 24
$0.07
$0.20
Q1 24
$0.11
$0.20

Balance Sheet & Financial Strength

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

Metric
CBAT
CBAT
SBC
SBC
Cash + ST InvestmentsLiquidity on hand
$8.3M
$164.1M
Total DebtLower is stronger
$4.1M
$42.8M
Stockholders' EquityBook value
$112.7M
$248.3M
Total Assets
$426.2M
$380.4M
Debt / EquityLower = less leverage
0.04×
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBAT
CBAT
SBC
SBC
Q4 25
$8.3M
$164.1M
Q3 25
$10.5M
$127.4M
Q2 25
$45.7M
$152.7M
Q1 25
$9.6M
$132.1M
Q4 24
$11.0M
$125.0M
Q3 24
$24.2M
$137.4M
Q2 24
$44.1M
Q1 24
$23.8M
Total Debt
CBAT
CBAT
SBC
SBC
Q4 25
$4.1M
$42.8M
Q3 25
$4.8M
$21.1M
Q2 25
$4.9M
$7.1M
Q1 25
$4.1M
$6.9M
Q4 24
$6.6M
Q3 24
$823.2K
Q2 24
Q1 24
Stockholders' Equity
CBAT
CBAT
SBC
SBC
Q4 25
$112.7M
$248.3M
Q3 25
$121.4M
$248.0M
Q2 25
$118.2M
$244.6M
Q1 25
$120.8M
$226.4M
Q4 24
$121.7M
$195.1M
Q3 24
$131.2M
$205.0M
Q2 24
$126.6M
$8.8M
Q1 24
$120.9M
$9.0M
Total Assets
CBAT
CBAT
SBC
SBC
Q4 25
$426.2M
$380.4M
Q3 25
$363.9M
$321.4M
Q2 25
$333.1M
$315.3M
Q1 25
$311.5M
$284.6M
Q4 24
$302.2M
$266.1M
Q3 24
$293.5M
$296.5M
Q2 24
$279.6M
$19.5M
Q1 24
$286.5M
$19.8M
Debt / Equity
CBAT
CBAT
SBC
SBC
Q4 25
0.04×
0.17×
Q3 25
0.04×
0.09×
Q2 25
0.04×
0.03×
Q1 25
0.03×
0.03×
Q4 24
0.03×
Q3 24
0.00×
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
SBC
SBC
Operating Cash FlowLast quarter
$29.8M
$52.0M
Free Cash FlowOCF − Capex
$16.1M
$51.2M
FCF MarginFCF / Revenue
27.3%
129.3%
Capex IntensityCapex / Revenue
23.4%
2.0%
Cash ConversionOCF / Net Profit
3.66×
TTM Free Cash FlowTrailing 4 quarters
$3.9M
$23.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBAT
CBAT
SBC
SBC
Q4 25
$29.8M
$52.0M
Q3 25
$14.6M
$-20.9M
Q2 25
$13.8M
$-8.3M
Q1 25
$-9.6M
$1.9M
Q4 24
$9.6M
$-7.3M
Q3 24
$19.7M
$5.0M
Q2 24
$2.9M
$19.2M
Q1 24
$7.4M
$3.7M
Free Cash Flow
CBAT
CBAT
SBC
SBC
Q4 25
$16.1M
$51.2M
Q3 25
$6.0M
$-20.9M
Q2 25
$4.1M
$-8.6M
Q1 25
$-22.3M
$1.7M
Q4 24
$3.9M
$-7.9M
Q3 24
$16.5M
$4.6M
Q2 24
$2.5M
$18.3M
Q1 24
$-454.0K
$3.0M
FCF Margin
CBAT
CBAT
SBC
SBC
Q4 25
27.3%
129.3%
Q3 25
9.9%
-48.3%
Q2 25
10.2%
-19.9%
Q1 25
-63.9%
3.5%
Q4 24
15.5%
-17.8%
Q3 24
37.1%
8.7%
Q2 24
5.2%
34.5%
Q1 24
-0.8%
5.4%
Capex Intensity
CBAT
CBAT
SBC
SBC
Q4 25
23.4%
2.0%
Q3 25
14.1%
0.1%
Q2 25
23.8%
0.7%
Q1 25
36.3%
0.5%
Q4 24
22.5%
1.3%
Q3 24
7.0%
0.8%
Q2 24
0.9%
1.6%
Q1 24
13.4%
1.3%
Cash Conversion
CBAT
CBAT
SBC
SBC
Q4 25
3.66×
Q3 25
5.51×
-1.63×
Q2 25
-3.39×
Q1 25
0.09×
Q4 24
-1.12×
Q3 24
1115.72×
1.77×
Q2 24
0.46×
1.04×
Q1 24
0.76×
0.20×

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%

SBC
SBC

Franchising$10.3M26%
Medical Corporation Shobikai$8.1M21%
Medical Corporation Nasukai$7.2M18%
Management Services$6.3M16%
Rental Services$4.3M11%
Medical Corporation Association Furinkai$3.0M8%
Japan Medical And Beauty Inc$656.5K2%

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