XML 61 R49.htm IDEA: XBRL DOCUMENT
v3.20.2

Concentrations and Credit Risk (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Concentrations and Credit Risk [Abstract] |
Schedule of revenue by major customers by reporting segments |
|  | Three months ended September 30, |
|  | 2019 |  |  | 2020 |
Sales of finished goods and raw materials |  |  |  |  |  |  |  |  |  |  |  |
Customer A |  | $ | 2,118,783 |  |  |  | 26.19 | % |  | $ | 1,588,192 |  |  |  | 14.95 | %
Customer B |  |  | 2,264,415 |  |  |  | 27.99 | % |  |  | * |  |  |  | * |
Customer C |  |  | * |  |  |  | * |  |  |  | 1,278,893 |  |  |  | 12.04 | %
Zhengzhou BAK Battery Co., Ltd (note a) |  |  | 1,941,101 |  |  |  | 23.99 | % |  |  | 4,269,312 |  |  |  | 40.2 | %
Zhengzhou BAK New Energy Technology Co., Ltd (note b) |  |  | * |  |  |  | * | % |  |  | 1,896,207 |  |  |  | 17.85 | %
| * | Comprised less than 10% of net revenue for the respective period.
|  | Nine months ended September 30, |
|  | 2019 |  |  | 2020 |
Sales of finished goods and raw materials |  |  |  |  |  |  |  |  |  |  |  |
Customer A |  | $ | 5,994,110 |  |  |  | 34.19 | % |  | $ | 5,793,828 |  |  |  | 26.16 | %
Customer B |  |  | 3,330,675 |  |  |  | 19.00 | % |  |  | * |  |  |  | * |
Customer C |  |  | * |  |  |  | * |  |  |  | 2,908,728 |  |  |  | 13.13 | %
Customer D |  |  | * |  |  |  | * |  |  |  | 3,787,585 |  |  |  | 17.10 | %
Zhengzhou BAK Battery Co., Ltd (note a) |  |  | 1,941,101 |  |  |  | 11.07 | % |  |  | 4,269,312 |  |  |  | 19.28 |
| * | Comprised less than 10% of net revenue for the respective period.
Schedule of accounts receivable by major customer |
|  | December 31, 2019 |  |  | September 30, 2020 |
Customer A |  | $ | 1,725,293 |  |  |  | 21.93 | % |  | $ | 2,087,657 |  |  |  | 11.09 | %
Customer B |  |  | 1,713,628 |  |  |  | 21.78 | % |  |  | * |  |  |  | * |
Customer D |  |  | * |  |  |  | * |  |  |  | 4,373,326 |  |  |  | 23.23 | %
Customer E |  |  | 902,309 |  |  |  | 11.47 | % |  |  | * |  |  |  | * |
Customer F |  |  | 830,821 |  |  |  | 10.56 | % |  |  | * |  |  |  | * |
Zhengzhou BAK New Energy Technology Co., Ltd (note b) |  |  | * |  |  |  | * |  |  |  | 2,103,771 |  |  |  | 11.17 | %
Zhengzhou BAK Battery Co., Ltd (note a) |  |  | * |  |  |  | * |  |  |  | 4,970,545 |  |  |  | 26.40 | %
| * | Comprised less than 10% of account receivable (net) for the respective period.
Schedule of net purchase by suplier |
|  | Three months ended September 30, |
|  | 2019 |  |  | 2020 |
Supplier A |  | $ | 1,949,106 |  |  |  | 22.67 | % |  | $ | * |  |  |  | * |
Supplier B |  |  | * |  |  |  | * |  |  |  | 4,329,602 |  |  |  | 72.65 | %
Zhengzhou BAK New Energy Vehicle Co., Ltd (note b) |  |  | 3,838,213 |  |  |  | 44.64 | % |  |  | * |  |  |  | * |
|  | Nine months ended September 30, |
|  | 2019 |  |  | 2020 |
Supplier A |  | $ | 2,940,420 |  |  |  | 20.43 | % |  | $ | * |  |  |  | * |
Supplier B |  |  | * |  |  |  | * |  |  |  | 4,329,602 |  |  |  | 36.47 | %
Shenzhen BAK (note c) |  |  | * |  |  |  | * |  |  |  | 3,841,680 |  |  |  | 32.35 | %
Zhengzhou BAK New Energy Vehicle Co., Ltd (note b) |  |  | 3,838,213 |  |  |  | 26.67 | % |  |  | * |  |  |  | * |
| * | Comprised less than 10% of net purchase for the respective period.
Schedule of accounts payable by suplier |
|  | December 31, 2019 |  |  | September 30, 2020 |
Supplier B |  |  | * |  |  |  | * |  |  |  | 4,798,233 |  |  |  | 38.04 | %
Supplier C |  | $ | 1,126,582 |  |  |  | 10.10 | % |  | $ | * |  |  |  | * |
Schedule of transactions with the former subsidiaries |
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2019 |  |  | 2020 |  |  | 2019 |  |  | 2020 |
Purchase of inventories from |  |  |  |  |  |  |  |  |  |  |  |
BAK Shenzhen (note c) |  | $ | - |  |  | $ | - |  |  | $ | 65,102 |  |  | $ | - |
Sales of finished goods and raw materials to |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BAK Shenzhen (note c) |  |  | - |  |  |  | - |  |  |  | 769,052 |  |  |  | - |
Zhengzhou BAK New Energy Technology Co., Ltd (note b) |  |  | - |  |  |  | 1,896,207 |  |  |  | - |  |  |  | 1,896,207 |
| Notes: |
| a | Mr. Xiangqian Li, the Company’s former CEO, is a director of Zhengzhou BAK Battery Co., Ltd.
| b | Mr. Xiangqian Li, is a director of Zhengzhou BAK New Energy Vehicle Co., Ltd, which has 29% equity interests in Zhengzhou BAK New Energy Technology Co., Ltd
| c | Mr. Xiangqian Li is a director of BAK Shenzhen and Shenzhen BAK

X
- References No definition available. + Details
Name: | cbat_ConcentrationsAndCreditRiskAbstract
Namespace Prefix: | cbat_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cbat_ScheduleOfAccountsPayableBySuplierTableTextBlock
Namespace Prefix: | cbat_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cbat_ScheduleOfAccountsReceivableByMajorCustomerTableTextBlock
Namespace Prefix: | cbat_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cbat_ScheduleOfNetPurchaseBySuplierTableTextBlock
Namespace Prefix: | cbat_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cbat_ScheduleOfTransactionsWithTheFormerSubsidiariesTableTextBlock
Namespace Prefix: | cbat_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRevenueByMajorCustomersByReportingSegmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration