vs
CBAK Energy Technology, Inc.（CBAT）与合众银行（FSBC）财务数据对比。点击上方公司名可切换其他公司
CBAK Energy Technology, Inc.的季度营收约是合众银行的1.3倍（$58.8M vs $45.1M），合众银行净利率更高（41.3% vs -12.5%，领先53.8%），过去两年合众银行的营收复合增速更高（21.3% vs -0.0%）
CBAK能源科技是一家专业从事锂离子电池研发、生产与销售的企业，产品涵盖高性能电芯、模组及电池包，主要服务新能源汽车、储能系统、消费电子等核心领域，业务覆盖中国及全球多个市场。
合众银行是总部设在美国明尼阿波利斯、在特拉华州注册的美国跨国银行机构，截至2025年为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为具有系统重要性的银行。它旗下核心运营实体为美国银行全国协会，以US Bank品牌开展业务，提供银行、投资、抵押等金融服务。
CBAT vs FSBC — 直观对比
营收规模更大
CBAT
是对方的1.3倍
$45.1M
净利率更高
FSBC
高出53.8%
-12.5%
两年增速更快
FSBC
近两年复合增速
-0.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $58.8M | $45.1M |
| 净利润 | $-7.4M | $18.6M |
| 毛利率 | 7.3% | — |
| 营业利润率 | -13.6% | — |
| 净利率 | -12.5% | 41.3% |
| 营收同比 | 131.8% | — |
| 净利润同比 | -63.6% | 42.0% |
| 每股收益（稀释后） | $-0.08 | $0.87 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CBATFSBC
| Q1 26 | — | $45.1M | ||
| Q4 25 | $58.8M | $43.5M | ||
| Q3 25 | $60.9M | $41.3M | ||
| Q2 25 | $40.5M | $38.3M | ||
| Q1 25 | $34.9M | $35.3M | ||
| Q4 24 | $25.4M | $35.2M | ||
| Q3 24 | $44.6M | $31.8M | ||
| Q2 24 | $47.8M | $30.7M |
净利润CBATFSBC
| Q1 26 | — | $18.6M | ||
| Q4 25 | $-7.4M | $17.6M | ||
| Q3 25 | $2.7M | $16.3M | ||
| Q2 25 | $-3.1M | $14.5M | ||
| Q1 25 | $-1.6M | $13.1M | ||
| Q4 24 | $-4.5M | $13.3M | ||
| Q3 24 | $17.6K | $10.9M | ||
| Q2 24 | $6.4M | $10.8M |
毛利率CBATFSBC
| Q1 26 | — | — | ||
| 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% | — |
营业利润率CBATFSBC
| Q1 26 | — | — | ||
| Q4 25 | -13.6% | 52.9% | ||
| Q3 25 | -6.6% | 53.8% | ||
| Q2 25 | -8.7% | 52.4% | ||
| Q1 25 | -8.2% | 52.0% | ||
| Q4 24 | -26.0% | 55.1% | ||
| Q3 24 | -1.9% | 48.0% | ||
| Q2 24 | 12.4% | 49.4% |
净利率CBATFSBC
| Q1 26 | — | 41.3% | ||
| Q4 25 | -12.5% | 40.6% | ||
| Q3 25 | 4.4% | 39.6% | ||
| Q2 25 | -7.6% | 37.9% | ||
| Q1 25 | -4.5% | 37.1% | ||
| Q4 24 | -17.8% | 37.9% | ||
| Q3 24 | 0.0% | 34.4% | ||
| Q2 24 | 13.5% | 35.2% |
每股收益（稀释后）CBATFSBC
| Q1 26 | — | $0.87 | ||
| Q4 25 | $-0.08 | $0.83 | ||
| Q3 25 | $0.03 | $0.77 | ||
| Q2 25 | $-0.03 | $0.68 | ||
| Q1 25 | $-0.02 | $0.62 | ||
| Q4 24 | $-0.05 | $0.61 | ||
| Q3 24 | $0.00 | $0.52 | ||
| Q2 24 | $0.07 | $0.51 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $8.3M | $644.4M |
| 总债务越低越好 | $4.1M | — |
| 股东权益账面价值 | $112.7M | $458.5M |
| 总资产 | $426.2M | $5.0B |
| 负债/权益比越低杠杆越低 | 0.04× | — |
8季度趋势，按日历期对齐
现金及短期投资CBATFSBC
| Q1 26 | — | $644.4M | ||
| Q4 25 | $8.3M | — | ||
| Q3 25 | $10.5M | — | ||
| Q2 25 | $45.7M | — | ||
| Q1 25 | $9.6M | — | ||
| Q4 24 | $11.0M | — | ||
| Q3 24 | $24.2M | — | ||
| Q2 24 | $44.1M | — |
总债务CBATFSBC
| Q1 26 | — | — | ||
| Q4 25 | $4.1M | — | ||
| Q3 25 | $4.8M | — | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $4.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CBATFSBC
| Q1 26 | — | $458.5M | ||
| Q4 25 | $112.7M | $445.8M | ||
| Q3 25 | $121.4M | $431.3M | ||
| Q2 25 | $118.2M | $416.7M | ||
| Q1 25 | $120.8M | $406.5M | ||
| Q4 24 | $121.7M | $396.6M | ||
| Q3 24 | $131.2M | $389.9M | ||
| Q2 24 | $126.6M | $380.5M |
总资产CBATFSBC
| Q1 26 | — | $5.0B | ||
| Q4 25 | $426.2M | $4.8B | ||
| Q3 25 | $363.9M | $4.6B | ||
| Q2 25 | $333.1M | $4.4B | ||
| Q1 25 | $311.5M | $4.2B | ||
| Q4 24 | $302.2M | $4.1B | ||
| Q3 24 | $293.5M | $3.9B | ||
| Q2 24 | $279.6M | $3.6B |
负债/权益比CBATFSBC
| Q1 26 | — | — | ||
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $29.8M | — |
| 自由现金流经营现金流 - 资本支出 | $16.1M | — |
| 自由现金流率自由现金流/营收 | 27.3% | — |
| 资本支出强度资本支出/营收 | 23.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $3.9M | — |
8季度趋势，按日历期对齐
经营现金流CBATFSBC
| Q1 26 | — | — | ||
| Q4 25 | $29.8M | $72.6M | ||
| Q3 25 | $14.6M | $18.8M | ||
| Q2 25 | $13.8M | $17.8M | ||
| Q1 25 | $-9.6M | $15.5M | ||
| Q4 24 | $9.6M | $51.8M | ||
| Q3 24 | $19.7M | $17.5M | ||
| Q2 24 | $2.9M | $16.0M |
自由现金流CBATFSBC
| Q1 26 | — | — | ||
| Q4 25 | $16.1M | $71.4M | ||
| Q3 25 | $6.0M | $18.6M | ||
| Q2 25 | $4.1M | $17.5M | ||
| Q1 25 | $-22.3M | $15.4M | ||
| Q4 24 | $3.9M | $51.2M | ||
| Q3 24 | $16.5M | $17.3M | ||
| Q2 24 | $2.5M | $15.8M |
自由现金流率CBATFSBC
| Q1 26 | — | — | ||
| Q4 25 | 27.3% | 164.3% | ||
| Q3 25 | 9.9% | 45.0% | ||
| Q2 25 | 10.2% | 45.8% | ||
| Q1 25 | -63.9% | 43.5% | ||
| Q4 24 | 15.5% | 145.5% | ||
| Q3 24 | 37.1% | 54.5% | ||
| Q2 24 | 5.2% | 51.6% |
资本支出强度CBATFSBC
| Q1 26 | — | — | ||
| Q4 25 | 23.4% | 2.8% | ||
| Q3 25 | 14.1% | 0.5% | ||
| Q2 25 | 23.8% | 0.6% | ||
| Q1 25 | 36.3% | 0.3% | ||
| Q4 24 | 22.5% | 1.8% | ||
| Q3 24 | 7.0% | 0.7% | ||
| Q2 24 | 0.9% | 0.7% |
现金转化率CBATFSBC
| Q1 26 | — | — | ||
| Q4 25 | — | 4.12× | ||
| Q3 25 | 5.51× | 1.15× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.18× | ||
| Q4 24 | — | 3.89× | ||
| Q3 24 | 1115.72× | 1.60× | ||
| Q2 24 | 0.46× | 1.49× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
FSBC
| Net Interest Income | $43.5M | 96% |
| Noninterest Income | $1.6M | 4% |
