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CBAK Energy Technology, Inc.（CBAT）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是CBAK Energy Technology, Inc.的1.3倍（$78.6M vs $58.8M），CBAK Energy Technology, Inc.净利率更高（-12.5% vs -178.3%，领先165.7%），CBAK Energy Technology, Inc.同比增速更快（131.8% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $16.1M），过去两年CBAK Energy Technology, Inc.的营收复合增速更高（-0.0% vs -1.3%）
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。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
CBAT vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.3倍
$58.8M
营收增速更快
CBAT
高出131.4%
0.4%
净利率更高
CBAT
高出165.7%
-178.3%
自由现金流更多
RPAY
多$7.2M
$16.1M
两年增速更快
CBAT
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $58.8M | $78.6M |
| 净利润 | $-7.4M | $-140.1M |
| 毛利率 | 7.3% | 74.2% |
| 营业利润率 | -13.6% | -182.2% |
| 净利率 | -12.5% | -178.3% |
| 营收同比 | 131.8% | 0.4% |
| 净利润同比 | -63.6% | -3304.1% |
| 每股收益（稀释后） | $-0.08 | $-1.68 |
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CBATRPAY
| Q4 25 | $58.8M | $78.6M | ||
| Q3 25 | $60.9M | $77.7M | ||
| Q2 25 | $40.5M | $75.6M | ||
| Q1 25 | $34.9M | $77.3M | ||
| Q4 24 | $25.4M | $78.3M | ||
| Q3 24 | $44.6M | $79.1M | ||
| Q2 24 | $47.8M | $74.9M | ||
| Q1 24 | $58.8M | $80.7M |
净利润CBATRPAY
| Q4 25 | $-7.4M | $-140.1M | ||
| Q3 25 | $2.7M | $-6.4M | ||
| Q2 25 | $-3.1M | $-102.3M | ||
| Q1 25 | $-1.6M | $-7.9M | ||
| Q4 24 | $-4.5M | $-4.1M | ||
| Q3 24 | $17.6K | $3.2M | ||
| Q2 24 | $6.4M | $-4.1M | ||
| Q1 24 | $9.8M | $-5.2M |
毛利率CBATRPAY
| Q4 25 | 7.3% | 74.2% | ||
| Q3 25 | 8.0% | 74.4% | ||
| Q2 25 | 11.0% | 75.7% | ||
| Q1 25 | 13.7% | 75.9% | ||
| Q4 24 | 13.1% | 76.3% | ||
| Q3 24 | 15.6% | 77.8% | ||
| Q2 24 | 26.6% | 78.2% | ||
| Q1 24 | 31.9% | 76.2% |
营业利润率CBATRPAY
| Q4 25 | -13.6% | -182.2% | ||
| Q3 25 | -6.6% | -3.9% | ||
| Q2 25 | -8.7% | -138.7% | ||
| Q1 25 | -8.2% | -4.7% | ||
| Q4 24 | -26.0% | -1.5% | ||
| Q3 24 | -1.9% | -0.9% | ||
| Q2 24 | 12.4% | -4.6% | ||
| Q1 24 | 17.4% | -3.1% |
净利率CBATRPAY
| Q4 25 | -12.5% | -178.3% | ||
| Q3 25 | 4.4% | -8.3% | ||
| Q2 25 | -7.6% | -135.2% | ||
| Q1 25 | -4.5% | -10.3% | ||
| Q4 24 | -17.8% | -5.3% | ||
| Q3 24 | 0.0% | 4.1% | ||
| Q2 24 | 13.5% | -5.4% | ||
| Q1 24 | 16.7% | -6.5% |
每股收益（稀释后）CBATRPAY
| Q4 25 | $-0.08 | $-1.68 | ||
| Q3 25 | $0.03 | $-0.08 | ||
| Q2 25 | $-0.03 | $-1.15 | ||
| Q1 25 | $-0.02 | $-0.09 | ||
| Q4 24 | $-0.05 | $-0.04 | ||
| Q3 24 | $0.00 | $0.03 | ||
| Q2 24 | $0.07 | $-0.04 | ||
| Q1 24 | $0.11 | $-0.06 |
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 | $115.7M |
| 总债务越低越好 | $4.1M | $280.1M |
| 股东权益账面价值 | $112.7M | $484.4M |
| 总资产 | $426.2M | $1.2B |
| 负债/权益比越低杠杆越低 | 0.04× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资CBATRPAY
| Q4 25 | $8.3M | $115.7M | ||
| Q3 25 | $10.5M | $95.7M | ||
| Q2 25 | $45.7M | $162.6M | ||
| Q1 25 | $9.6M | $165.5M | ||
| Q4 24 | $11.0M | $189.5M | ||
| Q3 24 | $24.2M | $168.7M | ||
| Q2 24 | $44.1M | $147.1M | ||
| Q1 24 | $23.8M | $128.3M |
总债务CBATRPAY
| Q4 25 | $4.1M | $280.1M | ||
| Q3 25 | $4.8M | $279.5M | ||
| Q2 25 | $4.9M | $279.0M | ||
| Q1 25 | $4.1M | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益CBATRPAY
| Q4 25 | $112.7M | $484.4M | ||
| Q3 25 | $121.4M | $616.9M | ||
| Q2 25 | $118.2M | $633.7M | ||
| Q1 25 | $120.8M | $755.7M | ||
| Q4 24 | $121.7M | $761.3M | ||
| Q3 24 | $131.2M | $754.7M | ||
| Q2 24 | $126.6M | $815.4M | ||
| Q1 24 | $120.9M | $813.8M |
总资产CBATRPAY
| Q4 25 | $426.2M | $1.2B | ||
| Q3 25 | $363.9M | $1.3B | ||
| Q2 25 | $333.1M | $1.4B | ||
| Q1 25 | $311.5M | $1.5B | ||
| Q4 24 | $302.2M | $1.6B | ||
| Q3 24 | $293.5M | $1.6B | ||
| Q2 24 | $279.6M | $1.5B | ||
| Q1 24 | $286.5M | $1.5B |
负债/权益比CBATRPAY
| Q4 25 | 0.04× | 0.58× | ||
| Q3 25 | 0.04× | 0.45× | ||
| Q2 25 | 0.04× | 0.44× | ||
| Q1 25 | 0.03× | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $16.1M | $23.2M |
| 自由现金流率自由现金流/营收 | 27.3% | 29.6% |
| 资本支出强度资本支出/营收 | 23.4% | 0.1% |
| 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 | $90.7M |
8季度趋势，按日历期对齐
经营现金流CBATRPAY
| Q4 25 | $29.8M | $23.3M | ||
| Q3 25 | $14.6M | $32.2M | ||
| Q2 25 | $13.8M | $33.1M | ||
| Q1 25 | $-9.6M | $2.5M | ||
| Q4 24 | $9.6M | $34.3M | ||
| Q3 24 | $19.7M | $60.1M | ||
| Q2 24 | $2.9M | $31.0M | ||
| Q1 24 | $7.4M | $24.8M |
自由现金流CBATRPAY
| Q4 25 | $16.1M | $23.2M | ||
| Q3 25 | $6.0M | $32.1M | ||
| Q2 25 | $4.1M | $33.0M | ||
| Q1 25 | $-22.3M | $2.4M | ||
| Q4 24 | $3.9M | $34.0M | ||
| Q3 24 | $16.5M | $59.8M | ||
| Q2 24 | $2.5M | $30.5M | ||
| Q1 24 | $-454.0K | $24.7M |
自由现金流率CBATRPAY
| Q4 25 | 27.3% | 29.6% | ||
| Q3 25 | 9.9% | 41.3% | ||
| Q2 25 | 10.2% | 43.6% | ||
| Q1 25 | -63.9% | 3.0% | ||
| Q4 24 | 15.5% | 43.5% | ||
| Q3 24 | 37.1% | 75.6% | ||
| Q2 24 | 5.2% | 40.7% | ||
| Q1 24 | -0.8% | 30.6% |
资本支出强度CBATRPAY
| Q4 25 | 23.4% | 0.1% | ||
| Q3 25 | 14.1% | 0.2% | ||
| Q2 25 | 23.8% | 0.1% | ||
| Q1 25 | 36.3% | 0.2% | ||
| Q4 24 | 22.5% | 0.3% | ||
| Q3 24 | 7.0% | 0.3% | ||
| Q2 24 | 0.9% | 0.6% | ||
| Q1 24 | 13.4% | 0.1% |
现金转化率CBATRPAY
| Q4 25 | — | — | ||
| Q3 25 | 5.51× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1115.72× | 18.52× | ||
| 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% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
