Kandi Technologies Group, Inc. (KNDI)

Kandi Technologies Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	32.25	37.31	33.76	84.06	129.22	142.08
Short-Term Investments	153.49	5.48	33.95	81.19	55.04	-
Cash & Short-Term Investments	185.73	42.79	67.7	165.25	184.27	142.08
Cash Growth	56.55%	-36.80%	-59.03%	-10.32%	29.69%	2487.68%
Accounts Receivable	10.82	26.81	143.42	38.59	53.22	90.38
Other Receivables	6.16	144.72	6.48	11.91	8.9	4.08
Receivables	16.98	171.53	149.9	50.5	62.12	94.46
Inventory	45.22	51.27	61.55	40.48	33.17	32.81
Restricted Cash	71.04	83.53	59.87	66.98	39.45	0.44
Other Current Assets	5.24	5.53	4.52	6.12	23.6	37.33
Total Current Assets	324.21	354.65	343.55	329.32	342.61	307.12
Property, Plant & Equipment	62.38	70.02	104.69	103.75	117.97	85.22
Long-Term Investments	1.96	1.41	-	0.14	0.16	28.94
Goodwill	31.65	31.18	33.15	33.18	36.03	29.71
Other Intangible Assets	5.88	10.02	12.89	14.82	20.84	10.81
Long-Term Deferred Tax Assets	6.49	6.5	0.81	1.43	2.22	8.96
Long-Term Deferred Charges	-	-	-	-	-	3.71
Other Long-Term Assets	10.79	0.11	0.37	0.33	0.34	20.78
Total Assets	443.35	473.9	495.46	482.98	520.16	495.25
Accounts Payable	37.92	67.1	52.82	54.44	36.68	34.26
Short-Term Debt	37.39	37.53	9.07	5.57	9.15	0.09
Current Portion of Leases	-	0.7	-	-	-	-
Current Income Taxes Payable	0.71	1.43	2.13	1.27	1.62	1.31
Other Current Liabilities	10.38	13.64	12.65	20.22	16.72	48.13
Total Current Liabilities	86.4	120.39	76.67	81.51	64.16	83.8
Long-Term Debt	-	5.71	8.39	-	2.21	-
Long-Term Leases	0.45	0.64	0.23	-	-	-
Long-Term Deferred Tax Liabilities	0.55	0.52	0.96	1.38	2.46	3.48
Other Long-Term Liabilities	-	-	2.69	2.41	8.13	4.2
Total Liabilities	87.4	127.27	88.95	85.29	76.96	91.48
Common Stock	354.05	0.09	0.09	0.08	0.08	0.08
Additional Paid-In Capital	-	463.92	457.85	451.37	449.48	439.55
Retained Earnings	-	-66.83	-16.33	-16.34	-4.22	-27.08
Treasury Stock	-	-4.39	-0.51	-9.81	-2.39	-
Comprehensive Income & Other	-	-48.1	-36.97	-28.33	0.25	-8.78
Total Common Equity	354.05	344.7	404.12	396.97	443.2	403.77
Minority Interest	1.9	1.93	2.39	0.72	-	-
Shareholders' Equity	355.95	346.63	406.51	397.69	443.2	403.77
Total Liabilities & Equity	443.35	473.9	495.46	482.98	520.16	495.25
Total Debt	37.84	44.57	17.69	5.57	11.36	0.09
Net Cash (Debt)	147.9	-1.78	50.02	159.69	172.91	141.99
Net Cash Growth	53.54%	-	-68.68%	-7.65%	21.78%	-
Net Cash Per Share	1.73	-0.02	0.63	2.11	2.27	2.54
Filing Date Shares Outstanding	84.81	85.99	87.36	74.19	76.26	75.39
Total Common Shares Outstanding	84.81	85.48	87.35	74.18	76.71	75.38
Working Capital	237.81	234.25	266.87	247.82	278.45	223.32
Book Value Per Share	4.17	4.03	4.63	5.35	5.78	5.36
Tangible Book Value	316.52	303.5	358.09	348.97	386.33	363.24
Tangible Book Value Per Share	3.73	3.55	4.10	4.70	5.04	4.82
Buildings	-	60.99	61.96	49.24	52.48	18.92
Machinery	-	77.07	89.7	92.17	96.41	82.37
Construction In Progress	-	-	-	0.2	0.08	16.32

Updated Aug 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q