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 equity to assets ratio to measure how much of total assets are equity-financed.
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. Check KNDI operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
American Creek Resources Ltd
V:AMK
|
-0.114x |
|
Peoplein Ltd
AU:PPE
|
-0.001x |
|
Context Therapeutics Inc
NASDAQ:CNTX
|
-0.219x |
|
Citius Oncology, Inc.
NASDAQ:CTOR
|
-0.113x |
|
Razor Labs Ltd
TA:RZR
|
2.512x |
|
Icure Pharmaceutical Incorporation
KQ:175250
|
-0.068x |
|
Playstudios Inc
NASDAQ:MYPS
|
0.024x |
|
Flag Ship Acquisition Corp. Ordinary Shares
NASDAQ:FSHP
|
-0.006x |
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 Kandi Technologies Group Inc market cap and net worth.
| 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