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
Kandi Technologies Group Inc (KNDI) - Total Assets
Latest total assets as of June 2025: $443.35 Million USD
Based on the latest financial reports, Kandi Technologies Group Inc (KNDI) holds total assets worth $443.35 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Kandi Technologies Group Inc - Total Assets Trend (2004–2024)
This chart illustrates how Kandi Technologies Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kandi Technologies Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Kandi Technologies Group Inc's total assets of $443.35 Million consist of 74.8% current assets and 25.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.9% |
| Accounts Receivable | $171.53 Million | 36.2% |
| Inventory | $51.27 Million | 10.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $10.02 Million | 2.1% |
| Goodwill | $31.18 Million | 6.6% |
Asset Composition Trend (2004–2024)
This chart illustrates how Kandi Technologies Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kandi Technologies Group Inc's current assets represent 74.8% of total assets in 2024, a decrease from 100.0% in 2004.
- Cash Position: Cash and equivalents constituted 7.9% of total assets in 2024, down from 82.6% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 36.2% of total assets.
Kandi Technologies Group Inc Competitors by Total Assets
Key competitors of Kandi Technologies Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KR Motors Co. Ltd.
KO:000040
|
Korea | ₩96.16 Billion |
|
MasterCraft Boat Holdings Inc
F:1SG
|
Germany | €259.31 Million |
|
SA Catana Group
PA:CATG
|
France | €225.89 Million |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
China | CN¥18.17 Billion |
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787
|
China | CN¥4.02 Billion |
|
Alexander Marine Co Ltd
TW:8478
|
Taiwan | NT$15.41 Billion |
|
Her Chee Industrial Co Ltd
TWO:8937
|
Taiwan | NT$4.60 Billion |
|
Vietnam Manufacturing and Export Processing (Holdings) Limited
TW:9110
|
Taiwan | NT$106.59 Million |
Kandi Technologies Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Kandi Technologies Group Inc generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Kandi Technologies Group Inc is currently not profitable relative to its asset base.
Kandi Technologies Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.75 | 4.11 | 1.71 |
| Quick Ratio | 3.23 | 3.25 | 1.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $237.81 Million | $ 264.13 Million | $ 75.59 Million |
Kandi Technologies Group Inc - Advanced Valuation Insights
This section examines the relationship between Kandi Technologies Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.22 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | $473.90 Million |
| Market Capitalization | $73.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Kandi Technologies Group Inc's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Kandi Technologies Group Inc's assets decreased by 4.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Kandi Technologies Group Inc (2004–2024)
The table below shows the annual total assets of Kandi Technologies Group Inc from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $473.90 Million | -4.35% |
| 2023-12-31 | $495.46 Million | +2.58% |
| 2022-12-31 | $482.98 Million | -7.15% |
| 2021-12-31 | $520.16 Million | +5.03% |
| 2020-12-31 | $495.25 Million | +33.41% |
| 2019-12-31 | $371.22 Million | -13.43% |
| 2018-12-31 | $428.83 Million | -2.17% |
| 2017-12-31 | $438.33 Million | -0.31% |
| 2016-12-31 | $439.70 Million | +18.37% |
| 2015-12-31 | $371.47 Million | +14.98% |
| 2014-12-31 | $323.07 Million | +58.13% |
| 2013-12-31 | $204.31 Million | +27.46% |
| 2012-12-31 | $160.28 Million | +42.76% |
| 2011-12-31 | $112.27 Million | +2.43% |
| 2010-12-31 | $109.61 Million | +71.08% |
| 2009-12-31 | $64.07 Million | -7.94% |
| 2008-12-31 | $69.60 Million | +25.11% |
| 2007-12-31 | $55.63 Million | +11446475.10% |
| 2006-12-31 | $486.00 | 0.00% |
| 2005-12-31 | $486.00 | -89.71% |
| 2004-12-31 | $4.72K | -- |