CBAK Energy Misses On Revenue Mark, Battery Business Shines Brighter
CBAK Energy Misses On Revenue Mark, Battery Business Shines Brighter
CBAK Energy Technology, Inc. (NASDAQ:CBAT) shares are trading higher after the company reported first-quarter FY24 results.
CBAK能源科技公司（納斯達克股票代碼：CBAT）公佈24財年第一季度業績後，股價走高。
Revenue rose 38.7% Y/Y to $58.82 million, missing the consensus of $62.78 million.
收入同比增長38.7％，至5,882萬美元，未達到預期的6,278萬美元。
Revenues growth benefitted from the battery business (+51.5% Y/Y), led by an increase of 66.0% Y/Y from revenues from residential energy supply & uninterruptible supplies. However, net revenues from batteries used in light electric vehicles declined 23.3% Y/Y.
收入增長受益於電池業務（同比增長51.5％），其中住宅能源供應和不間斷供應收入同比增長66.0％。但是，用於輕型電動汽車的電池的淨收入同比下降了23.3％。
Gross profit increased significantly to $18.8 million from $2.9 million a year ago. Consequently, gross margin jumped to 31.9% from 6.9% a year ago.
毛利從去年同期的290萬美元大幅增長至1,880萬美元。因此，毛利率從去年同期的6.9％躍升至31.9％。
Attributable net income (after deducting the change in fair value of warrants) stood at $9.8 million, vs. a net loss of $(1.5) million in the prior year quarter, led by the strong performance of its battery business.
在電池業務強勁表現的帶動下，應占淨收益（扣除認股權證公允價值變動後）爲980萬美元，而上一季度的淨虧損爲150萬美元。
EPS of $0.11 beat the consensus loss of $(0.01).
每股收益爲0.11美元，超過了共識虧損的0.01美元。
Yunfei Li, Chairman and Chief Executive Officer, stated, "At the same time, we further reduced losses at Hitrans, our acquired and independently operated materials company, reaching a consolidated net income of $9.6 million for the first quarter, an outstanding achievement during an industry-wide downturn. We expect even faster growth for the rest of the year while remaining committed to our higher profitability goals for our battery business."
董事長兼首席執行官李雲飛表示：“同時，我們進一步減少了收購的獨立運營材料公司Hitrans的虧損，第一季度的合併淨收入達到960萬美元，這是全行業低迷時期的傑出成就。我們預計今年剩餘時間將實現更快的增長，同時繼續致力於實現電池業務更高的盈利目標。”
As of March-end, cash and cash equivalents stood at $3.0 million.
截至3月底，現金及現金等價物爲300萬美元。
Jiewei Li, CFO and Secretary of the Board, said, "For the full year of 2024, we expected net income from the battery business to reach between RMB220 million (or approximately $30.5 million) and RMB250 million (or approximately $34.6 million) for the full year of 2024. We will continue prudently investing while maintaining cost discipline as we aim to ensure long-term sustainable growth."
首席財務官兼董事會秘書李傑偉表示：“我們預計，2024年全年，電池業務的淨收入將達到 RMB220 百萬美元（約合3,050萬美元）至 RMB250 萬美元（約合3,460萬美元）之間。我們將繼續謹慎投資，同時保持成本紀律，以確保長期可持續增長。”
Price Action: CBAT shares are trading higher by 1.80% at $1.13 at the last check Friday.
價格走勢：週五最後一次支票時，CBAT股價上漲1.80％，至1.13美元。
Photo via Shutterstock
照片來自 Shutterstock
譯文內容由第三人軟體翻譯。