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CBAK Energy Technology, Inc. (Parent Company) (Tables) | 12 Months Ended
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Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract] |
Schedule of statements of operations |
|  | Year ended December 31, 2021 |  |  | Year ended December 31, 2022 |
REVENUE, net |  | $ | - |  |  | $ |  |
OPERATING EXPENSES: |  |  |  |  |  |  |  |
Salaries and consulting expenses |  |  | 1,212,239 |  |  |  | 227,588 |
General and administrative |  |  | 1,499,049 |  |  |  | 889,167 |
Total operating expenses |  |  | (2,711,288 | ) |  |  | (1,116,755 | )
LOSS FROM OPERATIONS |  |  | (2,711,288 | ) |  |  | (1,116,757 | )
Finance (expenses) income |  |  | 636,425 |  |  |  | - |
Changes in fair value of warrants liability |  |  | 61,802,000 |  |  |  | 5,710,000 |
INCOME ATTRIBUTABLE TO PARENT COMPANY |  |  | 59,727,137 |  |  |  | 4,593,243 |
EQUITY IN INCOME (LOSS) OF SUBSIDIARIES |  |  | 1,758,915 |  |  |  | (14,041,689 | )
NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS |  | $ | 61,486,052 |  |  | $ | (9,448,446 | )
Schedule of balance sheets |
|  | December 31, 2021 |  |  | December 31, 2022 |
ASSETS |  |  |  |  |  |
Interests in subsidiaries |  | $ | 140,031,308 |  |  | $ | 119,120,917 |
Cash and cash equivalents |  |  | 716,480 |  |  |  | 118,559 |
Total assets |  | $ | 140,747,788 |  |  | $ | 119,239,476 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |  |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |
Accrued expenses and other payables |  |  | 1,610,229 |  |  |  | 1,608,102 |
Warrants liability |  |  | 5,846,000 |  |  |  | 136,000 |
Total current liabilities |  |  | 7,456,229 |  |  |  | 1,744,102 |
SHAREHOLDERS’ EQUITY |  |  | 133,291,559 |  |  |  | 117,495,374 |
Total liabilities and shareholders’ equity |  | $ | 140,747,788 |  |  | $ | 119,239,476 |
Schedule of statements of cash flows |
|  | Year ended December 31, 2021 |  |  | Year ended December 31, 2022 |
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |
Net income (loss) |  | $ | 61,486,052 |  |  | $ | (9,448,446 | )
Adjustments to reconcile net loss to net cash used in operating activities: |  |  |  |  |  |  |  |
Equity in income (loss) of subsidiaries |  |  | (1,758,915 | ) |  |  | (14,041,689 | )
Share based compensation |  |  | 1,047,777 |  |  |  | 64,193 |
Changes in fair value of warrants liability |  |  | (61,802,000 | ) |  |  | (5,710,000 | )
Change in operating assets and liabilities |  |  |  |  |  |  |  |
Accrued expenses and other payable |  |  | (112,585 | ) |  |  | (2,127 | )
Net cash used in operating activities |  |  | (1,139,671 | ) |  |  | (29,138,069 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |
(Decrease) increase in interest in subsidiaries |  |  | (68,746,346 | ) |  |  | 28,540,148 |
Net cash used in investing activities |  |  | (68,746,346 | ) |  |  | 28,540,148 |
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |
Proceeds from issuance of shares |  |  | 65,495,011 |  |  |  | - |
Net cash provided by financing activities |  |  | 65,495,011 |  |  |  | - |
CHANGE IN CASH AND CASH EQUIVALENTS |  |  | (4,391,006 | ) |  |  | (597,921 | )
CASH AND CASH EQUIVALENTS, beginning of year |  |  | 5,107,486 |  |  |  | 716,480 |
CASH AND CASH EQUIVALENTS, end of year |  | $ | 716,480 |  |  | $ | 118,559 |

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