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CBAK Energy Technology, Inc.（CBAT）与Planet Labs PBC（PL）财务数据对比。点击上方公司名可切换其他公司
Planet Labs PBC的季度营收约是CBAK Energy Technology, Inc.的1.4倍（$81.3M vs $58.8M），CBAK Energy Technology, Inc.净利率更高（-12.5% vs -72.8%，领先60.3%），CBAK Energy Technology, Inc.同比增速更快（131.8% vs 32.6%），CBAK Energy Technology, Inc.自由现金流更多（$16.1M vs $1.9M），过去两年Planet Labs PBC的营收复合增速更高（17.5% 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。
Planet Labs PBC（常简称为Planet）是总部位于美国加利福尼亚州旧金山的上市地球影像企业，核心目标是实现全球范围的每日成像，以此监测地表变化、精准识别相关趋势，为多行业的地理数据分析需求提供可靠的数据支持。
CBAT vs PL — 直观对比
营收规模更大
PL
是对方的1.4倍
$58.8M
营收增速更快
CBAT
高出99.1%
32.6%
净利率更高
CBAT
高出60.3%
-72.8%
自由现金流更多
CBAT
多$14.2M
$1.9M
两年增速更快
PL
近两年复合增速
-0.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $58.8M | $81.3M |
| 净利润 | $-7.4M | $-59.2M |
| 毛利率 | 7.3% | 57.3% |
| 营业利润率 | -13.6% | -22.6% |
| 净利率 | -12.5% | -72.8% |
| 营收同比 | 131.8% | 32.6% |
| 净利润同比 | -63.6% | -194.7% |
| 每股收益（稀释后） | $-0.08 | $-0.19 |
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CBATPL
| Q4 25 | $58.8M | $81.3M | ||
| Q3 25 | $60.9M | $73.4M | ||
| Q2 25 | $40.5M | $66.3M | ||
| Q1 25 | $34.9M | $61.6M | ||
| Q4 24 | $25.4M | $61.3M | ||
| Q3 24 | $44.6M | $61.1M | ||
| Q2 24 | $47.8M | $60.4M | ||
| Q1 24 | $58.8M | $58.9M |
净利润CBATPL
| Q4 25 | $-7.4M | $-59.2M | ||
| Q3 25 | $2.7M | $-22.6M | ||
| Q2 25 | $-3.1M | $-12.6M | ||
| Q1 25 | $-1.6M | $-35.2M | ||
| Q4 24 | $-4.5M | $-20.1M | ||
| Q3 24 | $17.6K | $-38.7M | ||
| Q2 24 | $6.4M | $-29.3M | ||
| Q1 24 | $9.8M | $-30.1M |
毛利率CBATPL
| Q4 25 | 7.3% | 57.3% | ||
| Q3 25 | 8.0% | 57.6% | ||
| Q2 25 | 11.0% | 55.2% | ||
| Q1 25 | 13.7% | 62.1% | ||
| Q4 24 | 13.1% | 61.2% | ||
| Q3 24 | 15.6% | 52.9% | ||
| Q2 24 | 26.6% | 52.4% | ||
| Q1 24 | 31.9% | 55.2% |
营业利润率CBATPL
| Q4 25 | -13.6% | -22.6% | ||
| Q3 25 | -6.6% | -24.5% | ||
| Q2 25 | -8.7% | -34.4% | ||
| Q1 25 | -8.2% | -31.5% | ||
| Q4 24 | -26.0% | -36.9% | ||
| Q3 24 | -1.9% | -64.8% | ||
| Q2 24 | 12.4% | -57.2% | ||
| Q1 24 | 17.4% | -57.6% |
净利率CBATPL
| Q4 25 | -12.5% | -72.8% | ||
| Q3 25 | 4.4% | -30.8% | ||
| Q2 25 | -7.6% | -19.1% | ||
| Q1 25 | -4.5% | -57.1% | ||
| Q4 24 | -17.8% | -32.8% | ||
| Q3 24 | 0.0% | -63.3% | ||
| Q2 24 | 13.5% | -48.5% | ||
| Q1 24 | 16.7% | -51.1% |
每股收益（稀释后）CBATPL
| Q4 25 | $-0.08 | $-0.19 | ||
| Q3 25 | $0.03 | $-0.07 | ||
| Q2 25 | $-0.03 | $-0.04 | ||
| Q1 25 | $-0.02 | $-0.12 | ||
| Q4 24 | $-0.05 | $-0.07 | ||
| Q3 24 | $0.00 | $-0.13 | ||
| Q2 24 | $0.07 | $-0.10 | ||
| Q1 24 | $0.11 | $-0.10 |
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 | $443.3M |
| 总债务越低越好 | $4.1M | — |
| 股东权益账面价值 | $112.7M | $349.6M |
| 总资产 | $426.2M | $1.1B |
| 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CBATPL
| Q4 25 | $8.3M | $443.3M | ||
| Q3 25 | $10.5M | $181.1M | ||
| Q2 25 | $45.7M | $133.5M | ||
| Q1 25 | $9.6M | $118.0M | ||
| Q4 24 | $11.0M | $139.0M | ||
| Q3 24 | $24.2M | $148.3M | ||
| Q2 24 | $44.1M | $107.4M | ||
| Q1 24 | $23.8M | $83.9M |
总债务CBATPL
| Q4 25 | $4.1M | — | ||
| Q3 25 | $4.8M | — | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $4.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CBATPL
| Q4 25 | $112.7M | $349.6M | ||
| Q3 25 | $121.4M | $435.7M | ||
| Q2 25 | $118.2M | $444.8M | ||
| Q1 25 | $120.8M | $441.3M | ||
| Q4 24 | $121.7M | $464.6M | ||
| Q3 24 | $131.2M | $473.2M | ||
| Q2 24 | $126.6M | $500.3M | ||
| Q1 24 | $120.9M | $518.0M |
总资产CBATPL
| Q4 25 | $426.2M | $1.1B | ||
| Q3 25 | $363.9M | $696.4M | ||
| Q2 25 | $333.1M | $658.4M | ||
| Q1 25 | $311.5M | $633.8M | ||
| Q4 24 | $302.2M | $630.8M | ||
| Q3 24 | $293.5M | $658.4M | ||
| Q2 24 | $279.6M | $674.6M | ||
| Q1 24 | $286.5M | $702.0M |
负债/权益比CBATPL
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $16.1M | $1.9M |
| 自由现金流率自由现金流/营收 | 27.3% | 2.3% |
| 资本支出强度资本支出/营收 | 23.4% | 32.9% |
| 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 | $40.7M |
8季度趋势，按日历期对齐
经营现金流CBATPL
| Q4 25 | $29.8M | $28.6M | ||
| Q3 25 | $14.6M | $67.8M | ||
| Q2 25 | $13.8M | $17.3M | ||
| Q1 25 | $-9.6M | $-6.3M | ||
| Q4 24 | $9.6M | $4.1M | ||
| Q3 24 | $19.7M | $-7.9M | ||
| Q2 24 | $2.9M | $-4.3M | ||
| Q1 24 | $7.4M | $-6.8M |
自由现金流CBATPL
| Q4 25 | $16.1M | $1.9M | ||
| Q3 25 | $6.0M | $47.5M | ||
| Q2 25 | $4.1M | $9.2M | ||
| Q1 25 | $-22.3M | $-17.9M | ||
| Q4 24 | $3.9M | $-3.6M | ||
| Q3 24 | $16.5M | $-23.0M | ||
| Q2 24 | $2.5M | $-14.2M | ||
| Q1 24 | $-454.0K | $-15.7M |
自由现金流率CBATPL
| Q4 25 | 27.3% | 2.3% | ||
| Q3 25 | 9.9% | 64.7% | ||
| Q2 25 | 10.2% | 13.9% | ||
| Q1 25 | -63.9% | -29.1% | ||
| Q4 24 | 15.5% | -5.8% | ||
| Q3 24 | 37.1% | -37.6% | ||
| Q2 24 | 5.2% | -23.6% | ||
| Q1 24 | -0.8% | -26.7% |
资本支出强度CBATPL
| Q4 25 | 23.4% | 32.9% | ||
| Q3 25 | 14.1% | 27.6% | ||
| Q2 25 | 23.8% | 12.3% | ||
| Q1 25 | 36.3% | 18.9% | ||
| Q4 24 | 22.5% | 12.5% | ||
| Q3 24 | 7.0% | 24.8% | ||
| Q2 24 | 0.9% | 16.4% | ||
| Q1 24 | 13.4% | 15.1% |
现金转化率CBATPL
| Q4 25 | — | — | ||
| Q3 25 | 5.51× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1115.72× | — | ||
| Q2 24 | 0.46× | — | ||
| Q1 24 | 0.76× | — |
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% |
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
