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Balances and Transactions With Related Parties (Tables)
3 Months Ended
Mar. 31, 2022
Related Party Transactions [Abstract]  
Schedule of principal related parties with company transactions
Name of Entity or Individual   Relationship with the Company
New Era Group Zhejiang New Energy Materials Co., Ltd.   Shareholder of company’s subsidiary
Shenzhen Baijun Technology Co., Ltd   Shareholder of company’s subsidiary
Zhengzhou BAK Battery Co., Ltd   Note a
Zhengzhou BAK New Energy Technology Co., Ltd   Note b
Zhengzhou BAK Electronics Co., Ltd   Note c
Shenzhen BAK Battery Co., Ltd   Former subsidiary and refer to Note d
Shenzhen BAK Power Battery Co., Ltd   Former subsidiary and refer to Note d
Hangzhou Juzhong Daxin Asset Management Co., Ltd   Note e

 

Schedule of related party transactions
   For the
three months ended
March 31,
 
   2021   2022 
         
Purchase of finished goods from Zhengzhou BAK Battery Co., Ltd    $1,259,309   $5,164,433 
Sales of finished goods and raw materials to Zhengzhou BAK Battery Co., Ltd       108,290    25,823,532 
Sales of finished goods and raw materials to Zhengzhou BAK Electronics Co., Ltd   412,353    
-
 
Sales of finished goods and raw materials to Shenzhen BAK Power Battery Co., Ltd       
-
    112,468 

 

Schedule of receivables from former subsidiary
   December 31,
2021
   March 31,
2022
 
         
Receivables from Shenzhen BAK Power Battery Co., Ltd  $2,263,955   $1,134,585 

 

Schedule of amount due from non-controlling interest
   December 31,
2021
   March 31,
2022
 
Shenzhen Baijun Technology Co., Ltd        
Current    $125,883   $126,161 
Non-current   62,941    63,081 
     $188,824   $189,242 

 

Schedule of amount due from related parties
   December 31,
2021
   March 31,
2022
 
           
Hangzhou Juzhong Daxin Asset Management Co., Ltd (Note 11)    $472,061   $473,104 

 

Schedule of other balances due from related parties
   December 31,
2021
   March 31,
2022
 
         
Trade receivable, net – Zhengzhou BAK Battery Co., Ltd. (i)  $14,583,061   $12,963,529 
           
Trade receivable, net – Zhengzhou BAK New Energy Technology Co., Ltd.  (ii)    $459,714   $173,471 
           
Trade payable, net – Zhengzhou BAK Battery Co., Ltd  $(572,768)  $(3,057,449)
           
Dividend payable to non-controlling interest of Hitrans    $(1,444,737)  $(1,446,583)

 

Schedule of payables to former subsidiaries
   December 31,
2021
   March 31,
2022
 
         
Payables to Shenzhen BAK Power Battery Co., Ltd     (326,507)   (325,624)
     $(326,507)   (325,624)