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Balances and Transactions With Related Parties (Tables)
6 Months Ended
Jun. 30, 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
   Three months ended
June 30,
   Six months ended
June 30,
 
   2021   2022   2021   2022 
Purchase of finished goods from Zhengzhou BAK Battery Co., Ltd    $-   $9,955,251   $1,259,309   $15,119,684 
Sales of finished goods and raw materials to Zhengzhou BAK Battery Co., Ltd      $33,292   $20,786,249   $141,582   $46,609,781 
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  $18,402   $4,616,479   $18,402   $4,728,947 

 

Schedule of receivables from former subsidiary
   December 31,
2021
   June 30,
2022
 
         
Receivables from Shenzhen BAK Power Battery Co., Ltd  $2,263,955   $5,670,336 

 

Schedule of amount due from non-controlling interest
   December 31,
2021
   June 30,
2022
 
Shenzhen Baijun Technology Co., Ltd        
Current    $125,883   $119,414 
Non-current   62,941    59,707 
     $188,824   $179,121 

 

Schedule of amount due from related parties
   December 31,
2021
   June 30,
2022
 
Hangzhou Juzhong Daxin Asset Management Co., Ltd (Note 11)    $472,061   $223,091 

 

Schedule of other balances due from related parties
    December 31,
2021
    June 30,
2022
 
             
Trade receivable, net – Zhengzhou BAK Battery Co., Ltd. (i)   $ 14,583,061     $ 13,376,601  
                 
Trade receivable, net – Zhengzhou BAK New Energy Technology Co., Ltd.     $ 459,714     $ -  
                 
Trade payable, net – Zhengzhou BAK Battery Co., Ltd   $ (572,768 )   $ (5,289,189 )
                 
Dividend payable to non-controlling interest of Hitrans (note 15)    $ (1,444,737 )   $ (1,369,216 )

 

Schedule of payables to former subsidiaries
   December 31,
2021
   June 30,
2022
 
Payables to Shenzhen BAK Power Battery Co., Ltd       $(326,507)  $(346,539)