Kandi Technologies Group Inc Cash Flow Conversion Efficiency
Kandi Technologies Group Inc 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.
Cash Flow Conversion Efficiency of Kandi Technologies Group Inc (2004–2024)
Cash flow conversion efficiency of Kandi Technologies Group Inc from 2004 to 2024. This chart illustrates how Kandi Technologies Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Kandi Technologies Group Inc stock price today for real-time trading data and today's change.
Kandi Technologies Group Inc Cash Flow Conversion Ratio Explained
Kandi Technologies Group Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Kandi Technologies Group Inc (KNDI) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Amica S.A.
WAR:AMC
|
-0.008x |
|
Hyosung Chemical Corp
KO:298000
|
0.013x |
|
Daishin Information & Communications Co.Ltd
KQ:020180
|
-0.060x |
|
We&Win Diversification Co Ltd
TWO:4113
|
-0.006x |
|
ANDRADA MINING LTD.
F:9IA
|
N/A |
|
SCOPE FLUIDICS SA ZY-10
F:S84
|
-0.072x |
|
Orient Technologies Limited
NSE:ORIENTTECH
|
-0.009x |
|
Peel Mining Ltd
AU:PEX
|
-0.009x |
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. Review KNDI cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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