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Side-by-side financial comparison of CBAK Energy Technology, Inc. (CBAT) and SANDRIDGE ENERGY INC (SD). 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 $39.4M, roughly 1.5× SANDRIDGE ENERGY INC). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs -12.5%, a 67.5% gap on every dollar of revenue. On growth, CBAK Energy Technology, Inc. posted the faster year-over-year revenue change (131.8% vs 1.1%). CBAK Energy Technology, Inc. produced more free cash flow last quarter ($16.1M vs $14.4M). Over the past eight quarters, SANDRIDGE ENERGY INC's revenue compounded faster (14.1% 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.
SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.
CBAT vs SD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $58.8M | $39.4M |
| Net Profit | $-7.4M | $21.6M |
| Gross Margin | 7.3% | — |
| Operating Margin | -13.6% | 38.5% |
| Net Margin | -12.5% | 54.9% |
| Revenue YoY | 131.8% | 1.1% |
| Net Profit YoY | -63.6% | 23.1% |
| EPS (diluted) | $-0.08 | $0.59 |
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 | $39.4M | ||
| Q3 25 | $60.9M | $39.8M | ||
| Q2 25 | $40.5M | $34.5M | ||
| Q1 25 | $34.9M | $42.6M | ||
| Q4 24 | $25.4M | $39.0M | ||
| Q3 24 | $44.6M | $30.1M | ||
| Q2 24 | $47.8M | $26.0M | ||
| Q1 24 | $58.8M | $30.3M |
| Q4 25 | $-7.4M | $21.6M | ||
| Q3 25 | $2.7M | $16.0M | ||
| Q2 25 | $-3.1M | $19.6M | ||
| Q1 25 | $-1.6M | $13.0M | ||
| Q4 24 | $-4.5M | $17.6M | ||
| Q3 24 | $17.6K | $25.5M | ||
| Q2 24 | $6.4M | $8.8M | ||
| Q1 24 | $9.8M | $11.1M |
| 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% | — |
| Q4 25 | -13.6% | 38.5% | ||
| Q3 25 | -6.6% | 37.8% | ||
| Q2 25 | -8.7% | 53.7% | ||
| Q1 25 | -8.2% | 28.6% | ||
| Q4 24 | -26.0% | 25.9% | ||
| Q3 24 | -1.9% | 28.3% | ||
| Q2 24 | 12.4% | 23.9% | ||
| Q1 24 | 17.4% | 27.8% |
| Q4 25 | -12.5% | 54.9% | ||
| Q3 25 | 4.4% | 40.1% | ||
| Q2 25 | -7.6% | 56.6% | ||
| Q1 25 | -4.5% | 30.6% | ||
| Q4 24 | -17.8% | 45.1% | ||
| Q3 24 | 0.0% | 84.8% | ||
| Q2 24 | 13.5% | 33.9% | ||
| Q1 24 | 16.7% | 36.7% |
| Q4 25 | $-0.08 | $0.59 | ||
| Q3 25 | $0.03 | $0.43 | ||
| Q2 25 | $-0.03 | $0.53 | ||
| Q1 25 | $-0.02 | $0.35 | ||
| Q4 24 | $-0.05 | $0.46 | ||
| Q3 24 | $0.00 | $0.69 | ||
| Q2 24 | $0.07 | $0.24 | ||
| Q1 24 | $0.11 | $0.30 |
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 | $111.0M |
| Total DebtLower is stronger | $4.1M | — |
| Stockholders' EquityBook value | $112.7M | $510.9M |
| Total Assets | $426.2M | $644.0M |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.3M | $111.0M | ||
| Q3 25 | $10.5M | $101.2M | ||
| Q2 25 | $45.7M | $102.8M | ||
| Q1 25 | $9.6M | $99.7M | ||
| Q4 24 | $11.0M | $98.1M | ||
| Q3 24 | $24.2M | $92.7M | ||
| Q2 24 | $44.1M | $209.9M | ||
| Q1 24 | $23.8M | $207.0M |
| 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 | $510.9M | ||
| Q3 25 | $121.4M | $492.4M | ||
| Q2 25 | $118.2M | $480.2M | ||
| Q1 25 | $120.8M | $464.9M | ||
| Q4 24 | $121.7M | $460.5M | ||
| Q3 24 | $131.2M | $446.8M | ||
| Q2 24 | $126.6M | $424.8M | ||
| Q1 24 | $120.9M | $419.7M |
| Q4 25 | $426.2M | $644.0M | ||
| Q3 25 | $363.9M | $619.0M | ||
| Q2 25 | $333.1M | $602.3M | ||
| Q1 25 | $311.5M | $588.3M | ||
| Q4 24 | $302.2M | $581.5M | ||
| Q3 24 | $293.5M | $565.2M | ||
| Q2 24 | $279.6M | $529.6M | ||
| Q1 24 | $286.5M | $527.4M |
| 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 | $31.7M |
| Free Cash FlowOCF − Capex | $16.1M | $14.4M |
| FCF MarginFCF / Revenue | 27.3% | 36.6% |
| Capex IntensityCapex / Revenue | 23.4% | 43.8% |
| Cash ConversionOCF / Net Profit | — | 1.46× |
| TTM Free Cash FlowTrailing 4 quarters | $3.9M | $41.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.8M | $31.7M | ||
| Q3 25 | $14.6M | $25.3M | ||
| Q2 25 | $13.8M | $22.9M | ||
| Q1 25 | $-9.6M | $20.3M | ||
| Q4 24 | $9.6M | $26.0M | ||
| Q3 24 | $19.7M | $20.8M | ||
| Q2 24 | $2.9M | $11.4M | ||
| Q1 24 | $7.4M | $15.7M |
| Q4 25 | $16.1M | $14.4M | ||
| Q3 25 | $6.0M | $5.9M | ||
| Q2 25 | $4.1M | $7.3M | ||
| Q1 25 | $-22.3M | $13.9M | ||
| Q4 24 | $3.9M | $13.2M | ||
| Q3 24 | $16.5M | $10.8M | ||
| Q2 24 | $2.5M | $9.0M | ||
| Q1 24 | $-454.0K | $14.6M |
| Q4 25 | 27.3% | 36.6% | ||
| Q3 25 | 9.9% | 14.9% | ||
| Q2 25 | 10.2% | 21.0% | ||
| Q1 25 | -63.9% | 32.7% | ||
| Q4 24 | 15.5% | 33.8% | ||
| Q3 24 | 37.1% | 36.1% | ||
| Q2 24 | 5.2% | 34.5% | ||
| Q1 24 | -0.8% | 48.1% |
| Q4 25 | 23.4% | 43.8% | ||
| Q3 25 | 14.1% | 48.6% | ||
| Q2 25 | 23.8% | 45.2% | ||
| Q1 25 | 36.3% | 15.0% | ||
| Q4 24 | 22.5% | 32.9% | ||
| Q3 24 | 7.0% | 33.3% | ||
| Q2 24 | 0.9% | 9.4% | ||
| Q1 24 | 13.4% | 3.7% |
| Q4 25 | — | 1.46× | ||
| Q3 25 | 5.51× | 1.58× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | 1115.72× | 0.82× | ||
| Q2 24 | 0.46× | 1.30× | ||
| Q1 24 | 0.76× | 1.41× |
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% |
SD
| Oil Reserves | $19.0M | 48% |
| Natural Gas Reserves | $11.6M | 30% |
| Natural Gas Liquids Reserves | $8.7M | 22% |
