Kandi Technologies Group, Inc. (KNDI)

Kandi Technologies Group Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	14.64	35.53	37.31	33.76	84.06	129.22
Short-Term Investments	209.1	82.92	5.48	33.95	81.19	55.04
Cash & Short-Term Investments	223.74	118.45	42.79	67.7	165.25	184.27
Cash Growth	20.46%	176.82%	-36.80%	-59.03%	-10.32%	29.69%
Accounts Receivable	13.4	22.66	26.81	143.42	38.59	53.22
Other Receivables	4.93	32.81	144.72	6.48	11.91	8.9
Receivables	18.32	55.47	171.53	149.9	50.5	62.12
Inventory	28.02	26.36	51.27	61.55	40.48	33.17
Restricted Cash	62.07	93.5	83.53	59.87	66.98	39.45
Other Current Assets	7.9	7.31	5.53	4.52	6.12	23.6
Total Current Assets	340.05	301.08	354.65	343.55	329.32	342.61
Property, Plant & Equipment	58.67	63.94	70.02	104.69	103.75	117.97
Long-Term Investments	1.09	1.86	1.41	-	0.14	0.16
Goodwill	35.95	22.49	31.18	33.15	33.18	36.03
Other Intangible Assets	11.24	6.54	10.02	12.89	14.82	20.84
Long-Term Deferred Tax Assets	2.78	2.76	6.5	0.81	1.43	2.22
Other Long-Term Assets	11.66	1	0.11	0.37	0.33	0.34
Total Assets	461.43	399.66	473.9	495.46	482.98	520.16

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	49.54	38.58	67.1	52.82	54.44	36.68
Short-Term Debt	43.32	30.75	37.53	9.07	5.57	9.15
Current Portion of Leases	-	0.45	-	-	-	-
Current Income Taxes Payable	0.75	1.1	1.43	2.13	1.27	1.62
Other Current Liabilities	56.96	57.53	14.34	12.65	20.22	16.72
Total Current Liabilities	150.57	128.42	120.39	76.67	81.51	64.16
Long-Term Debt	-	-	5.71	8.39	-	2.21
Long-Term Leases	0.33	0.33	-	0.23	-	-
Long-Term Deferred Tax Liabilities	2.82	0.86	0.52	0.96	1.38	2.46
Other Long-Term Liabilities	-	-	0.64	2.69	2.41	8.13
Total Liabilities	153.72	129.6	127.27	88.95	85.29	76.96

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	307.7	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	307.7	270.06	344.7	404.12	396.97	443.2
Minority Interest	0.01	-0	1.93	2.39	0.72	-
Shareholders' Equity	307.71	270.06	346.63	406.51	397.69	443.2
Total Liabilities & Equity	461.43	399.66	473.9	495.46	482.98	520.16

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	43.65	31.53	43.24	17.69	5.57	11.36
Net Cash (Debt)	180.09	86.92	-0.45	50.02	159.69	172.91
Net Cash Growth	21.77%	-	-	-68.68%	-7.65%	21.78%
Net Cash Per Share	2.01	1.04	-0.01	0.63	2.11	2.27
Filing Date Shares Outstanding	96.91	82.71	85.99	87.36	74.19	76.26
Total Common Shares Outstanding	96.91	82.71	85.48	87.35	74.18	76.71
Working Capital	189.48	172.66	234.25	266.87	247.82	278.45
Book Value Per Share	3.18	3.27	4.03	4.63	5.35	5.78
Tangible Book Value	260.52	241.03	303.5	358.09	348.97	386.33
Tangible Book Value Per Share	2.69	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: Sep 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 30, 2026

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