Kandi Technologies Group, Inc.
company.status.inactiveCIK 1316517fmd_1S0HEST2SKVZNJNJJNMSS5ZXX6Manufacturing · Motor Vehicles & Passenger Car BodiesTemplate: Standard
Coverage: Jan 01, 2010 to Dec 31, 2023, 55 periods
Latest annual · FY2023
Millions- Total revenues
- 124
- Gross profit
- 41
- Operating income
- (13)
- Net income
- 0
- Free cash flow
- (114)
Latest quarter · Q4 FY2023
Millions- Total revenues
- 28
- Gross profit
- 9
- Operating income
- (7)
- Net income
- (5)
- Free cash flow
- (128)
Key stats
Open AnalysisCompound annual growth
- Revenue, 3 yearsFY2020 to FY2023
- +17.1%
- Revenue, 5 yearsFY2018 to FY2023
- +1.9%
- Net income, 5 yearsFY2018 to FY2023
- n/m
Kandi Technologies Group, Inc. financials: quick answers
Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.
| Metric | FY2023 | FY2022 | Change | Source |
|---|---|---|---|---|
| Revenue | $123.6 million | $117.8 million | +4.9% | 10-K 2024-03-14 · proof |
| Gross profit | $41.4 million | $19.5 million | +112% | 10-K 2024-03-14 · proof |
| Operating income | -$13.1 million | -$27.7 million | 10-K 2024-03-14 · proof | |
| Net income | $7,132 | -$12.1 million | 10-K 2024-03-14 · proof | |
| Cash from operating activities | -$101.2 million | $31.5 million | -421.4% | 10-K 2024-03-14 · proof |
| Free cash flow | -$114.3 million | $27.8 million | -511.4% | 10-K 2024-03-14 · proof |
| Total assets | $495.5 million | $483 million | +2.6% | 10-K 2024-03-14 · proof |
| Total liabilities | $88.9 million | $85.3 million | +4.3% | 10-K 2024-03-14 · proof |
| Cash and cash equivalents | $33.8 million | $84.1 million | -59.8% | 10-K 2024-03-14 · proof |
| Total debt | $17.5 million | 10-K 2024-03-14 · proof |
- What was Kandi Technologies Group, Inc.'s revenue in fiscal 2023?
- Kandi Technologies Group, Inc. reported revenue of $123.6 million for fiscal 2023 (the year ended Dec 31, 2023), against $117.8 million the year before (+4.9%). Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
- What was Kandi Technologies Group, Inc.'s gross profit in fiscal 2023?
- Kandi Technologies Group, Inc. reported gross profit of $41.4 million for fiscal 2023 (the year ended Dec 31, 2023), against $19.5 million the year before (+112%). Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
- What was Kandi Technologies Group, Inc.'s operating income in fiscal 2023?
- Kandi Technologies Group, Inc. reported operating income of -$13.1 million for fiscal 2023 (the year ended Dec 31, 2023), against -$27.7 million the year before. Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
- What was Kandi Technologies Group, Inc.'s net income in fiscal 2023?
- Kandi Technologies Group, Inc. reported net income of $7,132 for fiscal 2023 (the year ended Dec 31, 2023), against -$12.1 million the year before. Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
- What was Kandi Technologies Group, Inc.'s cash from operating activities in fiscal 2023?
- Kandi Technologies Group, Inc. reported cash from operating activities of -$101.2 million for fiscal 2023 (the year ended Dec 31, 2023), against $31.5 million the year before (-421.4%). Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
- What was Kandi Technologies Group, Inc.'s free cash flow in fiscal 2023?
- Kandi Technologies Group, Inc. reported free cash flow of -$114.3 million for fiscal 2023 (the year ended Dec 31, 2023), against $27.8 million the year before (-511.4%). Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
- What are Kandi Technologies Group, Inc.'s total assets?
- As of Dec 31, 2023, Kandi Technologies Group, Inc. reported total assets of $495.5 million, against $483 million a year earlier (+2.6%). Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
- What are Kandi Technologies Group, Inc.'s total liabilities?
- As of Dec 31, 2023, Kandi Technologies Group, Inc. reported total liabilities of $88.9 million, against $85.3 million a year earlier (+4.3%). Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
- What are Kandi Technologies Group, Inc.'s cash and cash equivalents?
- As of Dec 31, 2023, Kandi Technologies Group, Inc. reported cash and cash equivalents of $33.8 million, against $84.1 million a year earlier (-59.8%). Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
- What is Kandi Technologies Group, Inc.'s total debt?
- As of Dec 31, 2023, Kandi Technologies Group, Inc. reported total debt of $17.5 million. Source: the 10-K filed with the SEC on Mar 14, 2024. SEC
Read from the FinancialMD API on Nov 14, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.
The same numbers for an agent, with proof on every value:
curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:1316517&period_type=annual&limit=5"Information only, not investment advice.