Kandi Technologies Group, Inc. (KNDI)

Kandi Technologies Group Balance Sheet

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

Assets

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	165.25	184.27
Cash Growth	176.82%	-36.80%	-59.03%	-10.32%	29.69%
Accounts Receivable	22.66	26.81	143.42	38.59	53.22
Other Receivables	32.81	144.72	6.48	11.91	8.9
Receivables	55.47	171.53	149.9	50.5	62.12
Inventory	26.36	51.27	61.55	40.48	33.17
Restricted Cash	93.5	83.53	59.87	66.98	39.45
Other Current Assets	7.31	5.53	4.52	6.12	23.6
Total Current Assets	301.08	354.65	343.55	329.32	342.61
Property, Plant & Equipment	63.94	70.02	104.69	103.75	117.97
Long-Term Investments	1.86	1.41	-	0.14	0.16
Goodwill	22.49	31.18	33.15	33.18	36.03
Other Intangible Assets	6.54	10.02	12.89	14.82	20.84
Long-Term Deferred Tax Assets	2.76	6.5	0.81	1.43	2.22
Other Long-Term Assets	1	0.11	0.37	0.33	0.34
Total Assets	399.66	473.9	495.46	482.98	520.16

Liabilities

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
Accounts Payable	38.58	67.1	52.82	54.44	36.68
Short-Term Debt	30.75	37.53	9.07	5.57	9.15
Current Portion of Leases	0.45	-	-	-	-
Current Income Taxes Payable	1.1	1.43	2.13	1.27	1.62
Other Current Liabilities	57.53	14.34	12.65	20.22	16.72
Total Current Liabilities	128.42	120.39	76.67	81.51	64.16
Long-Term Debt	-	5.71	8.39	-	2.21
Long-Term Leases	0.33	-	0.23	-	-
Long-Term Deferred Tax Liabilities	0.86	0.52	0.96	1.38	2.46
Other Long-Term Liabilities	-	0.64	2.69	2.41	8.13
Total Liabilities	129.6	127.27	88.95	85.29	76.96

Shareholders' Equity

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
Common Stock	0.08	0.09	0.09	0.08	0.08
Additional Paid-In Capital	470.81	463.92	457.85	451.37	449.48
Retained Earnings	-160.71	-66.83	-16.33	-16.34	-4.22
Treasury Stock	-4.39	-4.39	-0.51	-9.81	-2.39
Comprehensive Income & Other	-35.74	-48.1	-36.97	-28.33	0.25
Total Common Equity	270.06	344.7	404.12	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

Additional Metrics

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
Total Debt	31.53	43.24	17.69	5.57	11.36
Net Cash (Debt)	86.92	-0.45	50.02	159.69	172.91
Net Cash Growth	-	-	-68.68%	-7.65%	21.78%
Net Cash Per Share	1.04	-0.01	0.63	2.11	2.27
Filing Date Shares Outstanding	82.71	85.99	87.36	74.19	76.26
Total Common Shares Outstanding	82.71	85.48	87.35	74.18	76.71
Working Capital	172.66	234.25	266.87	247.82	278.45
Book Value Per Share	3.27	4.03	4.63	5.35	5.78
Tangible Book Value	241.03	303.5	358.09	348.97	386.33
Tangible Book Value Per Share	2.91	3.55	4.10	4.70	5.04
Buildings	62.76	60.99	61.96	49.24	52.48
Machinery	80.81	77.07	89.7	92.17	96.41
Construction In Progress	0.06	-	-	0.2	0.08

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Apr 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 6, 2026

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