Kandi Technologies Group, Inc. (KNDI)

Kandi Technologies Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	53.53	33.76	84.06	129.22	142.08	5.49
Short-Term Investments	40.63	33.95	81.19	55.04	-	-
Cash & Short-Term Investments	94.16	67.7	165.25	184.27	142.08	5.49
Cash Growth	-48.43%	-59.03%	-10.32%	29.69%	2487.68%	-64.94%
Accounts Receivable	35.28	143.42	38.59	53.22	90.38	132.9
Other Receivables	10.61	6.48	11.91	8.9	4.08	7.12
Receivables	45.89	149.9	50.5	62.12	94.46	140.02
Inventory	85.8	61.55	40.48	33.17	32.81	27.79
Restricted Cash	165.39	59.87	66.98	39.45	0.44	11.02
Other Current Assets	5.44	4.52	6.12	23.6	37.33	11.25
Total Current Assets	396.68	343.55	329.32	342.61	307.12	195.57
Property, Plant & Equipment	92.73	104.69	103.75	117.97	85.22	74.49
Long-Term Investments	-	-	0.14	0.16	28.94	47.23
Goodwill	33.36	33.15	33.18	36.03	29.71	28.27
Other Intangible Assets	7.85	12.89	14.82	20.84	10.81	19.06
Long-Term Deferred Tax Assets	0.85	0.81	1.43	2.22	8.96	0.73
Long-Term Deferred Charges	-	-	-	-	3.71	4.82
Other Long-Term Assets	10.74	0.37	0.33	0.34	20.78	1.05
Total Assets	542.21	495.46	482.98	520.16	495.25	371.22
Accounts Payable	82.58	52.82	54.44	36.68	34.26	72.09
Short-Term Debt	24.52	9.07	5.57	9.15	0.09	36.75
Current Portion of Long-Term Debt	-	-	-	-	-	13.78
Current Portion of Leases	-	0.22	-	-	-	-
Current Income Taxes Payable	2.57	2.13	1.27	1.62	1.31	1.8
Other Current Liabilities	12.1	12.44	20.22	16.72	48.13	7.46
Total Current Liabilities	121.77	76.67	81.51	64.16	83.8	131.87
Long-Term Debt	7.86	8.39	-	2.21	-	14.35
Long-Term Leases	-	0.23	-	-	-	-
Long-Term Deferred Tax Liabilities	0.85	0.96	1.38	2.46	3.48	1.36
Other Long-Term Liabilities	2.18	2.69	2.41	8.13	4.2	5.77
Total Liabilities	132.66	88.95	85.29	76.96	91.48	153.36
Common Stock	407.17	0.09	0.08	0.08	0.08	0.05
Additional Paid-In Capital	-	457.85	451.37	449.48	439.55	259.69
Retained Earnings	-	-16.33	-16.34	-4.22	-27.08	-16.69
Treasury Stock	-	-0.51	-9.81	-2.39	-	-2.48
Comprehensive Income & Other	-	-36.97	-28.33	0.25	-8.78	-22.72
Total Common Equity	407.17	404.12	396.97	443.2	403.77	217.86
Minority Interest	2.38	2.39	0.72	-	-	-
Shareholders' Equity	409.55	406.51	397.69	443.2	403.77	217.86
Total Liabilities & Equity	542.21	495.46	482.98	520.16	495.25	371.22
Total Debt	32.38	17.91	5.57	11.36	0.09	64.88
Net Cash (Debt)	61.78	49.8	159.69	172.91	141.99	-59.39
Net Cash Growth	-56.70%	-68.82%	-7.65%	21.78%	-	-
Net Cash Per Share	0.71	0.62	2.11	2.27	2.54	-1.13
Filing Date Shares Outstanding	86.07	87.36	74.19	76.26	75.39	52.85
Total Common Shares Outstanding	86.07	87.35	74.18	76.71	75.38	52.84
Working Capital	274.92	266.87	247.82	278.45	223.32	63.7
Book Value Per Share	4.73	4.63	5.35	5.78	5.36	4.12
Tangible Book Value	365.96	358.09	348.97	386.33	363.24	170.53
Tangible Book Value Per Share	4.25	4.10	4.70	5.04	4.82	3.23
Buildings	-	61.96	49.24	52.48	18.92	30.45
Machinery	-	89.7	92.17	96.41	82.37	90.27
Construction In Progress	-	-	0.2	0.08	16.32	0.07

Source: S&P Capital IQ. Standard template. Financial Sources.