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. See Kandi Technologies Group Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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. See defensive interval ratio of Kandi Technologies Group Inc to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see KNDI market cap.
| 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 | — |