Kandi Technologies Group Inc (KNDI) — Tangible Net Worth Ratio
Kandi Technologies Group Inc (KNDI) has a Tangible Net Worth Ratio of 98.3% as of June 2025. This metric is calculated by deducting intangible assets ($5.88 Million) from net assets ($355.95 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore KNDI net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kandi Technologies Group Inc Tangible Net Worth Ratio (2004–2024)
This chart shows how Kandi Technologies Group Inc's Tangible Net Worth Ratio has changed across 19 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 98.3%, reflecting net assets of $355.95 Million with intangible assets of $5.88 Million USD. For live market cap and overall valuation, see Kandi Technologies Group Inc stock valuation.
Annual Tangible Net Worth Ratio for Kandi Technologies Group Inc (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Kandi Technologies Group Inc from 2004 to 2024, covering 19 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore how much does Kandi Technologies Group Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.1% | $346.63 Million | $10.02 Million | $473.90 Million | ▲ +0.3 pp |
| 2023 | 96.8% | $406.51 Million | $12.89 Million | $495.46 Million | ▼ -0.4 pp |
| 2022 | 97.3% | $397.69 Million | $10.90 Million | $482.98 Million | ▲ +1.0 pp |
| 2021 | 96.3% | $443.20 Million | $16.50 Million | $520.16 Million | ▼ -1.0 pp |
| 2020 | 97.3% | $403.77 Million | $10.81 Million | $495.25 Million | ▲ +6.1 pp |
| 2019 | 91.3% | $217.86 Million | $19.06 Million | $371.22 Million | ▼ -1.6 pp |
| 2018 | 92.9% | $225.62 Million | $16.08 Million | $428.83 Million | ▼ -1.3 pp |
| 2017 | 94.2% | $222.99 Million | $13.00 Million | $438.33 Million | ▼ -0.6 pp |
| 2016 | 94.8% | $232.35 Million | $12.19 Million | $439.70 Million | ▲ +0.4 pp |
| 2015 | 94.4% | $238.93 Million | $13.43 Million | $371.47 Million | ▲ +2.0 pp |
| 2014 | 92.3% | $211.58 Million | $16.23 Million | $323.07 Million | ▲ +9.4 pp |
| 2013 | 82.9% | $88.53 Million | $15.11 Million | $204.31 Million | ▲ +3.2 pp |
| 2012 | 79.8% | $74.52 Million | $15.08 Million | $160.28 Million | ▼ -0.6 pp |
| 2011 | 80.3% | $55.85 Million | $10.99 Million | $112.27 Million | ▲ +4.6 pp |
| 2010 | 75.7% | $44.47 Million | $10.80 Million | $109.61 Million | ▲ +24.4 pp |
| 2009 | 51.3% | $21.97 Million | $10.70 Million | $64.07 Million | ▲ +66.5 pp |
| 2008 | -15.2% | $18.43 Million | $21.24 Million | $69.60 Million | ▼ -112.3 pp |
| 2007 | 97.0% | $13.04 Million | $385.54K | $55.63 Million | ▼ -3.0 pp |
| 2004 | 100.0% | $424.00 | $0.00 | $4.72K | — |