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Kandi Techs Group (KNDI)

Kandi Techs Group (KNDI)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
KANDI TECHNOLOGIES, CORP. is a PRC (China)-based vehicle machinery producer, concentrating on three areas of small vehicle production: go-karts, special purpose vehicles and casual purpose vehicles. At present, it is among the leading producers of go-karts in the world, with an estimated 15% share of China's global export market and a goal of doubling this share, in large part by becoming the leading producer of this increasingly popular recreational product in China. Focusing on the country's rapid economic development, the Company also sees an increasing need for transportation vehicles for specific purposes, in particular, mini-size pesticide spraying vehicles and mini-service vehicles. Additionally, the Company produces a wide and growing range of All Terrain Vehicles which it believes represent the highest quality vehicles of this type in China, aimed at the export market as well as the rapidly growing market in the PRC.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 127,570 123,600 117,810 91,490 76,920
Sales Growth +3.21% +4.91% +28.77% +18.94% -43.33%
Net Income -50,500 10 -12,120 22,860 -10,390
Net Income Growth -505,100.00% +100.08% -153.02% +320.02% -44.51%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 473,900 495,460 482,980 520,160 495,250
Total Assets Growth -4.35% +2.58% -7.15% +5.03% +33.41%
Total Liabilities 127,270 88,950 85,290 76,960 91,480
Total Liabilities Growth +43.08% +4.29% +10.82% -15.87% -40.35%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -17,820 -101,160 31,480 240 -50,880
Operating Cash Flow Growth +82.38% -421.35% +13,016.67% +100.47% -70.22%
Net Cash Flow 27,210 -57,410 -17,640 26,160 126,010
Change in Net Cash Flow +147.40% -225.45% -167.43% -79.24% +2,257.71%
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