Kandi Technologies Group, Inc. (KNDI)

Kandi Technologies Group Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	35.53	37.31	33.76	84.06	129.22
Short-Term Investments	82.92	5.48	33.95	81.19	55.04
Cash & Short-Term Investments	118.45	42.79	67.7	165.26	184.27
Cash Growth	176.82%	-36.80%	-59.03%	-10.32%	29.69%
Accounts Receivable	22.48	26.46	18.95	38.15	52.9
Other Receivables	32.99	145.07	130.95	12.35	9.22
Total Trade Receivables	55.47	171.53	149.9	50.5	62.12
Inventory	26.36	51.27	61.55	40.48	33.17
Other Current Assets	100.8	89.06	64.39	73.09	63.05
Total Current Assets	301.08	354.65	343.55	329.32	342.61
Net Property, Plant & Equipment	0.06	63.5	98.8	0.2	0.08
Other Intangible Assets	2.93	6.48	9.15	10.9	16.5
Goodwill	22.49	31.18	33.15	33.18	36.03
Long-Term Investments	1.86	1.41	-	0.14	0.16
Other Long-Term Assets	12.64	16.67	10.81	12.06	13.21
Total Assets	399.66	473.9	495.46	482.98	520.16
Accounts Payable	22.11	25.48	28.74	35.32	36.68
Accrued Expenses	51.74	8.54	7.25	14.13	9.68
Short-Term Debt	47.23	79.15	33.14	24.69	9.15
Other Current Liabilities	7.34	7.23	7.53	7.36	8.66
Total Current Liabilities	128.42	120.4	76.67	81.51	64.16
Long-Term Debt	-	5.71	8.39	-	2.21
Other Long-Term Liabilities	1.19	1.17	3.88	3.78	10.59
Total Long-Term Liabilities	1.19	6.87	12.27	3.78	12.8
Total Liabilities	129.6	127.27	88.95	85.29	76.96
Common Stock	0.08	0.09	0.09	0.08	0.08
Treasury Stock	-4.39	-4.39	-0.51	-9.81	-2.39
Additional Paid-in Capital	470.81	463.92	457.85	451.37	449.48
Accumulated Other Comprehensive Income	-35.74	-48.1	-36.97	-28.33	0.25
Retained Earnings	-160.71	-66.83	-16.33	-16.34	-4.22
Total Common Shareholders' Equity	270.06	344.7	404.13	396.97	443.2
Minority Interest	-0	1.93	2.39	0.72	-
Shareholders' Equity	270.06	346.63	406.51	397.69	443.2
Total Liabilities & Equity	399.66	473.9	495.46	482.98	520.16
Total Debt	47.23	84.86	41.53	24.69	11.36
Net Cash (Debt)	71.22	-42.07	26.17	140.56	172.91
Net Cash Growth	-	-	-81.38%	-18.71%	21.78%
Net Cash Per Share	0.85	-0.49	0.33	1.86	2.27
Book Value	270.06	344.7	404.13	396.97	443.2
Book Value Per Share	3.23	3.99	5.06	5.25	5.82
Tangible Book Value	244.64	307.04	361.83	352.89	390.67
Tangible Book Value Per Share	2.93	3.56	4.53	4.67	5.13

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q