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Income (Loss) Per Share

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Income (Loss) Per Share

20. Income (Loss) Per Share

The following is the calculation of income (loss) per share:

		Three months ended September 30,								Nine months ended September 30,
		2020				2021				2020				2021
Net income (loss)		$	41,715			$	20,023,221			$	(3,510,563	)		$	52,351,612
Less: Net loss (income) attributable to non-controlling interests			2,532				(3,487	)			(2,386	)			(21,995	)
Net (loss) income attributable to shareholders of CBAK Energy Technology, Inc.			44,247				20,019,734				(3,512,949	)			52,329,617
Weighted average shares outstanding – basic (note)			64,909,894				88,419,998				59,569,498				87,043,490
Dilutive unvested restricted stock			490,164				289,212				-				305,520
Weighted average shares outstanding – diluted			65,400,058				88,709,210				59,569,498				87,349,010
Income (loss) per share of common stock
Basic		$	0.00			$	0.23			$	(0.06	)		$	0.60
Diluted		$	0.00			$	0.23			$	(0.06	)		$	0.60

Note: Including 284,332 vested restricted shares granted pursuant to the 2015 Plan that were not yet issued for the three and nine months ended September 30, 2020; and 282,999 vested restricted shares granted pursuant to the 2015 Plan that were not yet issued for the three and nine months ended September 30, 2021.

For the three and nine months ended September 30, 2021, 9,092,499 shares purchasable under warrants were excluded from EPS calculation, as their effects were anti-dilutive.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257

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