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
| Line item | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | – | 201 | 129 | 103 | 112 | 136 | 77 | 91 | 118 | 124 |
| Cost of revenue | 147 | 173 | 112 | 88 | 92 | 110 | 63 | 75 | 98 | 82 |
| Gross profit | 23 | 28 | 18 | 14 | 20 | 25 | 13 | 16 | 20 | 41 |
| Provision for credit losses | – | – | – | – | – | – | – | 1 | 0 | 1 |
| Commissions and fees | – | – | – | – | – | – | – | – | – | 0 |
| Research and development | 3 | 3 | 27 | 28 | 10 | 6 | 7 | 39 | 6 | 4 |
| Selling, general and administrative | 15 | 29 | 22 | 13 | 12 | 18 | 20 | 24 | 38 | 49 |
| Total operating expenses | 18 | 32 | 49 | 40 | 22 | 25 | 13 | 15 | 47 | 54 |
| Operating income | 5 | (4) | (31) | (26) | (2) | 1 | 1 | 1 | (28) | (13) |
| Interest expense | 3 | 2 | 2 | 2 | 2 | 5 | 4 | 0 | 1 | 1 |
| Interest and investment income | – | – | – | – | – | – | – | – | 6 | 10 |
| Other non-operating income (expense) | 9 | 25 | 25 | (6) | 4 | (9) | (16) | 28 | 14 | 17 |
| Income before taxes | 15 | 21 | (6) | (32) | 2 | (8) | (15) | 29 | (13) | 3 |
| Income tax expense | 2 | 6 | 1 | (3) | 8 | (1) | (5) | 6 | (0) | 2 |
| Net income from continuing operations | 12 | 15 | (7) | (28) | (6) | (7) | (10) | 23 | (13) | 4 |
| Net income | 12 | 15 | (7) | (28) | (6) | (7) | (10) | 23 | (12) | 0 |
| Net income to common shareholders | – | – | – | – | – | – | (10) | 23 | – | – |