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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, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 87,440 127,570 123,600 117,810 91,490
Sales Growth -31.46% +3.21% +4.91% +28.77% +18.94%
Net Income -93,880 -50,500 10 -12,120 22,860
Net Income Growth -85.90% -505,100.00% +100.08% -153.02% +320.02%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 399,660 473,900 495,460 482,980 520,160
Total Assets Growth -15.67% -4.35% +2.58% -7.15% +5.03%
Total Liabilities 129,600 127,270 88,950 85,290 76,960
Total Liabilities Growth +1.83% +43.08% +4.29% +10.82% -15.87%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 96,810 -17,820 -101,160 31,480 240
Operating Cash Flow Growth +643.27% +82.38% -421.35% +13,016.67% +100.47%
Net Cash Flow 8,190 27,210 -57,410 -17,640 26,160
Change in Net Cash Flow -69.90% +147.40% -225.45% -167.43% -79.24%
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