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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	37.31	33.76	84.06	129.22	142.08	5.49
Short-Term Investments	81.33	33.95	81.19	55.04	-	-
Cash & Short-Term Investments	118.65	67.7	165.25	184.27	142.08	5.49
Cash Growth	-33.46%	-59.03%	-10.32%	29.69%	2487.68%	-64.94%
Accounts Receivable	31.62	143.42	38.59	53.22	90.38	132.9
Other Receivables	20.57	6.48	11.91	8.9	4.08	7.12
Receivables	52.19	149.9	50.5	62.12	94.46	140.02
Inventory	72.63	61.55	40.48	33.17	32.81	27.79
Restricted Cash	100.96	59.87	66.98	39.45	0.44	11.02
Other Current Assets	4.5	4.52	6.12	23.6	37.33	11.25
Total Current Assets	348.92	343.55	329.32	342.61	307.12	195.57
Property, Plant & Equipment	92.47	104.69	103.75	117.97	85.22	74.49
Long-Term Investments	-	-	0.14	0.16	28.94	47.23
Goodwill	32.44	33.15	33.18	36.03	29.71	28.27
Other Intangible Assets	8.05	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	10.71	0.37	0.33	0.34	20.78	1.05
Total Assets	493.44	495.46	482.98	520.16	495.25	371.22
Accounts Payable	58.49	52.82	54.44	36.68	34.26	72.09
Short-Term Debt	13.23	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	1.97	2.13	1.27	1.62	1.31	1.8
Other Current Liabilities	11.11	12.44	20.22	16.72	48.13	7.46
Total Current Liabilities	84.79	76.67	81.51	64.16	83.8	131.87
Long-Term Debt	8.11	8.39	-	2.21	-	14.35
Long-Term Leases	0.99	0.23	-	-	-	-
Long-Term Deferred Tax Liabilities	0.85	0.96	1.38	2.46	3.48	1.36
Other Long-Term Liabilities	1.76	2.69	2.41	8.13	4.2	5.77
Total Liabilities	96.5	88.95	85.29	76.96	91.48	153.36
Common Stock	394.49	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	394.49	404.12	396.97	443.2	403.77	217.86
Minority Interest	2.45	2.39	0.72	-	-	-
Shareholders' Equity	396.94	406.51	397.69	443.2	403.77	217.86
Total Liabilities & Equity	493.44	495.46	482.98	520.16	495.25	371.22
Total Debt	22.32	17.91	5.57	11.36	0.09	64.88
Net Cash (Debt)	96.32	49.8	159.69	172.91	141.99	-59.39
Net Cash Growth	-37.65%	-68.82%	-7.65%	21.78%	-	-
Net Cash Per Share	1.13	0.62	2.11	2.27	2.54	-1.13
Filing Date Shares Outstanding	86.33	87.36	74.19	76.26	75.39	52.85
Total Common Shares Outstanding	86.33	87.35	74.18	76.71	75.38	52.84
Working Capital	264.13	266.87	247.82	278.45	223.32	63.7
Book Value Per Share	4.57	4.63	5.35	5.78	5.36	4.12
Tangible Book Value	354.01	358.09	348.97	386.33	363.24	170.53
Tangible Book Value Per Share	4.10	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.