Kandi Technologies Group, Inc. financial data

Location
Jinhua, China
Fiscal year end
31 December
Latest financial report
10-K - Q4 2023 - 14 Mar 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 431 % -9.8%
Quick Ratio 72.35 % +27%
Debt-to-equity 21.32 % +13.6%
Return On Equity -1.11 % +32.4%
Return On Assets -0.92 % +33.8%
Operating Margin -10.56 % +55%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 87,358,234 shares +17.7%
Common Stock, Shares, Outstanding 87,348,234 shares +17.8%
Entity Public Float 237,630,413 USD +61.9%
Common Stock, Value, Issued 87,533 USD +12.7%
Weighted Average Number of Shares Outstanding, Basic 78,781,094 shares +4.2%
Weighted Average Number of Shares Outstanding, Diluted 79,902,891 shares +5.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 123,599,232 USD +4.9%
Research and Development Expense 4,265,176 USD -29.3%
Selling and Marketing Expense 13,335,950 USD +1.4%
General and Administrative Expense 35,381,496 USD +9.5%
Operating Income (Loss) -13,052,171 USD +52.8%
Nonoperating Income (Expense) 16,524,842 USD +15.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 3,472,671 USD +74.7%
Income Tax Expense (Benefit) 1,802,904 USD
Net Income (Loss) Attributable to Parent -4,381,451 USD +37.1%
Earnings Per Share, Basic 0 USD/shares +50%
Earnings Per Share, Diluted 0 USD/shares +72.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 33,756,941 USD -59.8%
Accounts Receivable, after Allowance for Credit Loss, Current 18,951,745 USD -50.3%
Inventory, Net 61,551,268 USD +52.1%
Other Assets, Current 321,972 USD -1.1%
Assets, Current 343,548,138 USD +4.3%
Deferred Income Tax Assets, Net 814,610 USD -43.1%
Property, Plant and Equipment, Net 98,803,772 USD +1.7%
Intangible Assets, Net (Excluding Goodwill) 6,395,825 USD -20%
Goodwill 33,146,682 USD -0.1%
Other Assets, Noncurrent 9,993,130 USD -6%
Assets 495,456,599 USD +2.6%
Accounts Payable, Current 28,744,854 USD -18.6%
Liabilities, Current 76,673,629 USD -5.9%
Deferred Income Tax Liabilities, Net 963,691 USD -30.1%
Other Liabilities, Noncurrent 227,024 USD -62.3%
Liabilities 88,946,507 USD +4.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -36,970,066 USD -30.5%
Retained Earnings (Accumulated Deficit) -16,332,633 USD +0.04%
Stockholders' Equity Attributable to Parent 404,124,976 USD +1.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 406,510,092 USD +2.2%
Liabilities and Equity 495,456,599 USD +2.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 7,362,198 USD +19%
Net Cash Provided by (Used in) Financing Activities -1,358,565 USD -3.9%
Net Cash Provided by (Used in) Investing Activities -19,636,864 USD -17.5%
Common Stock, Shares Authorized 100,000,000 shares 0%
Common Stock, Shares, Issued 87,532,800 shares +12.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 93,630,068 USD -38%
Interest Paid, Excluding Capitalized Interest, Operating Activities 99,960 USD +1.7%
Deferred Tax Assets, Valuation Allowance 13,400,638 USD +1.1%
Deferred Tax Assets, Gross 13,251,557 USD -0.48%
Depreciation 10,141,120 USD -0.24%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -6,967,060 USD +83.2%
Lessee, Operating Lease, Liability, to be Paid 490,198 USD 0%
Property, Plant and Equipment, Gross 151,666,180 USD +7.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 218,924 USD +1.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 475,117 USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 227,024 USD +1.2%
Deferred Tax Assets, Operating Loss Carryforwards 9,412,846 USD +10.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 220,040 USD -2.5%
Operating Lease, Payments 29,775 USD -68.4%
Amortization of Intangible Assets 1,489,657 USD -24.2%
Depreciation, Depletion and Amortization 3,051,089 USD -7.4%
Deferred Tax Assets, Net of Valuation Allowance 15,800,967 USD +3.2%
Interest Expense 788,520 USD +61%