Kandi Technologies Group Inc (KNDI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Kandi Technologies Group Inc (KNDI) has a cash flow conversion efficiency ratio of -0.142x as of December 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-127.82 Million) by net assets ($901.97 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See KNDI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Kandi Technologies Group Inc - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Kandi Technologies Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Kandi Technologies Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Kandi Technologies Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LB Aluminium Bhd
KLSE:9326
|
-0.024x |
|
Dongwon Metal
KO:018500
|
0.257x |
|
Grupo Ezentis S.A
MC:EZE
|
-0.677x |
|
PDS Biotechnology Corp
NASDAQ:PDSB
|
-1123.053x |
|
Eltek Ltd
NASDAQ:ELTK
|
0.032x |
|
G.I. Tech Co. Ltd.
KQ:382480
|
0.020x |
|
Samhyun Steel Co. Ltd
KQ:017480
|
0.052x |
|
Maxiparts Ltd
AU:MXI
|
0.065x |
Annual Cash Flow Conversion Efficiency for Kandi Technologies Group Inc (2004–2024)
The table below shows the annual cash flow conversion efficiency of Kandi Technologies Group Inc from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see KNDI market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $346.63 Million | $-17.82 Million | -0.051x | +79.34% |
| 2023-12-31 | $406.51 Million | $-101.16 Million | -0.249x | -414.39% |
| 2022-12-31 | $397.69 Million | $31.48 Million | 0.079x | +14414.93% |
| 2021-12-31 | $443.20 Million | $241.69K | 0.001x | +100.43% |
| 2020-12-31 | $403.77 Million | $-50.88 Million | -0.126x | +8.14% |
| 2019-12-31 | $217.86 Million | $-29.89 Million | -0.137x | -327.79% |
| 2018-12-31 | $225.62 Million | $13.59 Million | 0.060x | +517.77% |
| 2017-12-31 | $222.99 Million | $-3.21 Million | -0.014x | +93.24% |
| 2016-12-31 | $232.35 Million | $-49.53 Million | -0.213x | -699.23% |
| 2015-12-31 | $238.93 Million | $-6.37 Million | -0.027x | -269.57% |
| 2014-12-31 | $211.58 Million | $3.33 Million | 0.016x | -90.52% |
| 2013-12-31 | $88.53 Million | $14.69 Million | 0.166x | +215.32% |
| 2012-12-31 | $74.52 Million | $-10.72 Million | -0.144x | -163.56% |
| 2011-12-31 | $55.85 Million | $12.64 Million | 0.226x | +126.71% |
| 2010-12-31 | $44.47 Million | $4.44 Million | 0.100x | +125.71% |
| 2009-12-31 | $21.97 Million | $-8.53 Million | -0.388x | -147.25% |
| 2008-12-31 | $18.43 Million | $15.15 Million | 0.822x | +48.09% |
| 2007-12-31 | $13.04 Million | $7.24 Million | 0.555x | +3423.66% |
| 2006-12-31 | $-5.71K | $-90.00 | 0.016x | -97.36% |
| 2005-12-31 | $-5.71K | $-3.42K | 0.598x | +107.42% |
| 2004-12-31 | $424.00 | $-3.42K | -8.054x | -- |
About Kandi Technologies Group Inc
Kandi Technologies Group, Inc., together with its subsidiaries, produces and sells electric off-road vehicles and associated parts in the People's Republic of China, the United States, and internationally. The company offers all-terrain vehicles, utility vehicles, go-karts, golf carts, electric scooters, and electric self-balancing scooters for leisure and entertainment, agricultural operations, … Read more