Kandi Technologies Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 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	165.26	184.27	142.08
Cash Growth	56.55%	-36.80%	-59.03%	-10.32%	29.69%	2487.68%
Accounts Receivable	10.82	26.46	18.95	38.15	52.9	38.55
Other Receivables	6.16	145.07	130.95	12.35	9.22	55.91
Total Trade Receivables	16.98	171.53	149.9	50.5	62.12	94.46
Inventory	45.22	51.27	61.55	40.48	33.17	19.7
Other Current Assets	76.28	89.06	64.39	73.09	63.05	50.88
Total Current Assets	324.21	354.65	343.55	329.32	342.61	307.12
Net Property, Plant & Equipment	62.38	63.5	98.8	0.2	0.08	16.32
Other Intangible Assets	5.88	6.48	9.15	10.9	16.5	6.49
Goodwill	31.65	31.18	33.15	33.18	36.03	29.71
Long-Term Investments	1.96	1.41	-	0.14	0.16	28.94
Other Long-Term Assets	17.28	16.67	10.81	12.06	13.21	41.27
Total Assets	443.35	473.9	495.46	482.98	520.16	495.25
Accounts Payable	14.39	25.48	28.74	35.32	36.68	34.26
Accrued Expenses	5.05	8.54	7.25	14.13	9.68	7.22
Short-Term Debt	60.92	79.15	33.14	24.69	9.15	0.09
Unearned Revenue	0.11	-	-	-	-	38.23
Other Current Liabilities	5.93	7.23	7.53	7.36	8.66	4
Total Current Liabilities	86.4	120.4	76.67	81.51	64.16	83.8
Long-Term Debt	-	5.71	8.39	-	2.21	-
Other Long-Term Liabilities	1	1.17	3.88	3.78	10.59	7.69
Total Long-Term Liabilities	1	6.87	12.27	3.78	12.8	7.69
Total Liabilities	87.4	127.27	88.95	85.29	76.96	91.48
Common Stock	-	0.09	0.09	0.08	0.08	0.08
Treasury Stock	-	-4.39	-0.51	-9.81	-2.39	-
Additional Paid-in Capital	-	463.92	457.85	451.37	449.48	439.55
Accumulated Other Comprehensive Income	-	-48.1	-36.97	-28.33	0.25	-8.78
Retained Earnings	-	-66.83	-16.33	-16.34	-4.22	-27.08
Total Common Shareholders' Equity	354.05	344.7	404.13	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	60.92	84.86	41.53	24.69	11.36	0.09
Net Cash (Debt)	124.81	-42.07	26.17	140.56	172.91	141.99
Net Cash Growth	-	-	-81.38%	-18.71%	21.78%	-
Net Cash Per Share	1.46	-0.49	0.33	1.86	2.27	2.54
Book Value	354.05	344.7	404.13	396.97	443.2	403.77
Book Value Per Share	4.15	3.99	5.06	5.25	5.82	7.22
Tangible Book Value	316.52	307.04	361.83	352.89	390.67	367.56
Tangible Book Value Per Share	3.71	3.56	4.53	4.67	5.13	6.57

Updated Aug 19, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q