KNDINasdaqMotor Vehicle Parts & Accessories

Kandi Technologies Group, Inc.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 28, 2026

$3.54−0.23 (-6.23%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): –
Dividend yield: –

Kandi Technologies Group, Inc. balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Cash & Equivalents	36	37	34	151	169	143	17	22	16	25	33	26	13	12	2.29	7.75	0.22
Short-Term Investments	–	–	–	–	–	–	–	–	–	4.46	1.61	0	–	–	–	–	–
Cash & Short-Term Investments	36	37	34	151	169	143	17	22	16	30	35	26	13	12	2.29	7.75	0.22
Receivables	22	26	19	38	53	39	61	34	34	32	8.14	16	31	34	13	17	–
Inventory	26	51	62	40	33	20	28	22	16	12	18	15	9.19	7.63	6.67	5.89	–
Prepaid Expenses & Other	2.61	4.97	1.91	2.97	18	14	11	11	6.54	4.32	0.18	0.12	0.51	0.56	0.19	0.10	–
Other Current Assets	–	–	–	0.33	0.34	0.39	0.28	5.97	–	–	–	–	–	–	–	–	–
Total Current Assets	301	355	344	329	343	307	196	167	238	264	198	138	80	109	70	74	–
Property, Plant & Equipment	59	64	99	97	112	65	74	82	12	15	21	26	29	36	21	–	–
Gross Property, Plant & Equipment	144	138	152	141	149	101	121	122	51	49	–	–	–	–	–	–	–
Accumulated Depreciation	-57	-51	-53	-44	-37	-36	-46	-40	-39	-34	–	–	–	–	–	–	–
Machinery & Equipment	–	–	24	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Construction in Progress	–	–	–	–	–	–	–	0	53	27	–	–	–	–	–	–	–
Long-Term Investments	1.86	1.41	–	0.14	0.16	0.05	–	–	–	–	–	–	–	–	–	–	–
Equity Method Investments	–	–	–	–	–	–	–	–	1.46	1.37	1.46	0	0.10	0.16	–	–	–
Operating Lease Right-of-Use Assets	5.27	6.52	5.89	–	–	3.50	0.01	0.14	–	–	–	–	–	–	–	–	–
Goodwill	22	31	33	33	36	30	28	29	0.32	0.32	0.32	0.32	0.32	0.32	0	–	–
Intangible Assets	0.32	3.89	6.40	7.99	13	3.23	3.65	4.33	0.33	0.41	0.50	0.58	0.66	0.74	0	11	–
Deferred Tax Assets	2.76	6.50	0.81	1.43	2.22	8.96	0.73	–	–	–	–	0	0.08	0.00	0.09	0.26	–
Other Long-Term Assets	9.88	10	9.99	11	11	32	10	5.87	7.59	8.27	0.15	0.16	0	–	–	–	–
Total Assets	400	474	495	483	520	495	371	429	438	440	371	323	204	160	112	110	–
Accounts Payable	22	25	29	35	37	34	72	112	112	116	74	46	23	8.67	5.06	6.45	–
Short-Term Debt	31	38	9.07	5.57	3.20	–	26	31	33	34	37	36	34	33	36	28	–
Current Portion of Long-Term Debt	–	–	–	–	–	–	14	–	–	–	–	–	–	–	–	–	–
Current Debt	31	38	9.07	5.57	3.20	–	40	31	33	34	37	36	34	33	36	28	–
Current Income Taxes Payable	1.10	1.43	2.13	1.27	1.62	1.31	1.80	3.47	2.90	1.36	0.62	1.84	1.36	0.68	0.15	0.13	–
Deferred Revenue (Current)	–	–	0	–	–	–	–	1.34	2.19	6.36	0.01	0	–	–	–	–	–
Other Current Liabilities	6.23	5.79	5.40	6.09	7.04	2.19	1.38	1.46	–	–	–	–	–	–	–	–	–
Total Current Liabilities	128	120	77	82	64	84	132	165	185	178	131	99	87	73	53	56	–
Long-Term Debt	–	5.71	8.39	–	2.21	–	14	–	–	–	–	0	13	13	0	0.00	–
Operating Lease Liabilities	0.78	1.34	–	–	–	–	0.01	0.14	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	0.86	0.52	0.96	1.38	2.46	3.48	1.36	1.71	–	0.88	1.59	2.27	1.01	0	–	–	–
Other Long-Term Liabilities	0.33	0.64	0.23	0.60	0.31	0.46	0.57	–	–	–	–	–	–	–	–	–	–
Total Liabilities	130	127	89	85	77	91	153	203	215	207	133	111	116	86	56	65	–
Total Debt	31	43	17	5.57	5.41	–	54	31	33	34	37	36	47	45	36	28	–
Common Stock	0.08	0.09	0.09	0.08	0.08	0.08	0.05	0.05	0.05	0.05	0.05	0.05	0.04	0.03	0.03	0.03	–
Additional Paid-In Capital	471	464	458	451	449	440	260	255	233	228	213	190	77	44	32	31	–
Retained Earnings	-161	-67	-16	-16	-4.22	-27	-17	-9.50	-3.80	25	31	16	4.12	25	19	10	–
Treasury Stock	-4.39	-4.39	-0.51	-9.81	-2.39	–	-2.48	–	–	–	–	–	–	–	–	–	–
Comprehensive Income & Other	-36	-48	-37	-28	0.25	-8.78	-23	-20	-6.31	-20	-4.74	4.89	7.62	5.50	5.08	3.26	–
Shareholders' Equity	270	345	404	397	443	404	218	226	223	232	239	212	89	75	56	44	22
Noncontrolling Interest	0.00	1.93	2.39	0.72	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Equity	270	347	407	398	443	404	218	226	223	232	239	212	89	75	56	44	22
Total Liabilities & Equity	400	474	495	483	520	495	371	429	438	440	371	323	204	160	112	110	–
Shares Outstanding(shares)	83	85	87	74	77	75	53	51	48	48	47	46	37	32	27	27	–
Allowance for Credit Losses	–	–	–	2.29	3.05	0.11	0.25	–	–	–	–	–	–	–	–	–	–
Deposits	14	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 42.6%
Operating margin: -65.4%
Net margin: -107.4%
Return on equity, FY2025: -30.5%

Financial strength

Current ratio: 2.34
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 27.7%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –