Security
Kandi Technologies Group, Inc. Ordinary Shares · KNDI
KNDINASDAQCommon stockCurrentCIK 1720250Updated Oct 14, 2026
KNDI price & chart
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NASDAQ:KNDI on TradingView ↗About the company
Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) is a global innovator in intelligent equipment and a technology-driven platform company. It leverages technological innovation, a global supply chain, and advanced manufacturing to transform industries and expand real-world applications, bringing technology closer to people’s everyday lives. Guided by a “one core, two growth engines” framework, the Company anchors its business in all-domain intelligent vehicles, with battery swapping equipment and intelligent robotics as two growth pillars. Driven by its mission to bring joy to daily life, Kandi Technologies Group Inc. fosters shared success and sustainable, long-term growth through open collaboration and mutually beneficial partnerships, creating enduring industrial and societal value while building a globally respected brand.
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 399,662,306Source | 473,896,621Source | 495,456,599Source |
| Property, Plant and Equipment, NetUSD | 58,604,740Source | 63,503,610Source | 98,803,772Source |
| GoodwillUSD | 22,491,482Source | 31,182,116Source | 33,146,682Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 318,263Source | 3,893,128Source | 6,395,825Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 35,531,096Source | 37,307,867Source | 33,756,941Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 22,478,579Source | 26,462,884Source | 18,951,745Source |
| Inventory, NetUSD | 26,360,506Source | 51,268,075Source | 61,551,268Source |
| Assets, CurrentUSD | 301,077,566Source | 354,648,028Source | 343,548,138Source |
| Operating Lease, Right-of-Use AssetUSD | 5,268,765Source | 6,519,396Source | 5,889,690Source |
| Other Assets, NoncurrentUSD | 9,876,537Source | 10,173,183Source | 9,993,130Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 129,601,958Source | 127,267,155Source | 88,946,507Source |
| Stockholders’ equity: | |||
| Common Stock, Value, IssuedUSD | 84,782Source | 87,553Source | 87,533Source |
| Retained Earnings (Accumulated Deficit)USD | -160,712,269Source | -66,828,296Source | -16,332,633Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -35,736,487Source | -48,097,215Source | -36,970,066Source |
| Stockholders' Equity Attributable to ParentUSD | 270,061,092Source | 344,699,033Source | 404,124,976Source |
| Additional Paid in Capital, Common StockUSD | 470,810,948Source | 463,922,873Source | 457,847,155Source |
| Liabilities and EquityUSD | 399,662,306Source | 473,896,621Source | 495,456,599Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 128,416,215Source | 120,394,903Source | 76,673,629Source |
| Accounts Payable, CurrentUSD | 22,106,022Source | 25,475,725Source | 28,744,854Source |
| Deferred Income Tax Liabilities, NetUSD | 857,370Source | 524,903Source | 963,691Source |
| Other Liabilities, NoncurrentUSD | 328,373Source | 640,839Source | 227,024Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -744Source | 1,930,433Source | 2,385,116Source |
| Additional Financial Items | |||
| Deferred Tax Liabilities, NetUSD | 2,135,311Source | 2,231,756Source | 2,549,410Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 5,706,510Source | 8,389,163Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -95,569,942Source | -50,950,346Source | 1,669,767Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | 5,701,609Source | 12,021,015Source | 11,913,647Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,121,078Source | 7,114,524Source | 11,059,801Source |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | -4,855,109Source | 29,770,703Source | -10,560,521Source |
| Increase (Decrease) in InventoriesUSD | -25,651,304Source | 11,581,779Source | 21,531,323Source |
| Deferred Income Tax Expense (Benefit)USD | 3,735,568Source | -6,140,342Source | 203,236Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 96,807,342Source | -17,820,412Source | -101,160,636Source |
| Cash flows from investing activities: | |||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 157,211Source | -282,135Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -77,468,506Source | 25,723,089Source | 32,278,828Source |
| Cash flows from financing activities: | |||
| Payments for Repurchase of Common StockUSD | — | 3,920,356Source | 510,745Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -14,553,104Source | 22,509,246Source | 14,828,688Source |
| Repayments of Long-term DebtUSD | 5,706,510Source | 2,284,081Source | 46,426Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 129,026,373Source | 120,838,310Source | 93,630,068Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,648,877Source | 1,737,738Source | 965,025Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,402,331Source | -3,203,681Source | -3,357,083Source |
| Additional Financial Items | |||
| AmortizationUSD | 83,132Source | 83,137Source | 84,471Source |
| Share-based Payment Arrangement, ExpenseUSD | 1,025,646Source | 1,584,443Source | 3,476,058Source |
| Amortization of Intangible AssetsUSD | 1,293,744Source | 1,639,744Source | 1,489,657Source |
| DepreciationUSD | 4,129,481Source | 10,102,868Source | 10,141,120Source |
| Gain (Loss) on InvestmentsUSD | -1,486,851Source | 419,114Source | -141,389Source |
| General and Administrative ExpenseUSD | 54,392,589Source | 57,683,262Source | 35,381,496Source |
| GoodwillUSD | 22,491,482Source | 31,182,116Source | 33,146,682Source |
| Goodwill, Impairment LossUSD | 9,716,799Source | — | 496,981Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 15,778,088Source | 45,499,258Source | 1,439,573Source |
| Income Tax Expense (Benefit)USD | 3,936,867Source | -5,129,391Source | 1,802,904Source |
| InterestExpenseNonoperatingUSD | 1,886,319Source | 2,195,618Source | 1,327,341Source |
| Investment Income, InterestUSD | 8,690,914Source | 10,046,204Source | 9,984,558Source |
| Net Income (Loss) Attributable to ParentUSD | -93,883,973Source | -50,495,663Source | 7,132Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -1,685,969Source | -454,683Source | 1,662,635Source |
| Nonoperating Income (Expense)USD | -34,458,068Source | 12,702,184Source | 16,524,842Source |
| Operating ExpensesUSD | 94,466,670Source | 108,052,292Source | 54,422,194Source |
| Operating Lease, ExpenseUSD | 750,500Source | 561,150Source | 338,233Source |
| Other Nonoperating Income (Expense)USD | -43,135,872Source | 537,966Source | 4,047,074Source |
| Proceeds from Issuance of Common StockUSD | — | — | 1,083,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | 8,225,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 3,449,988Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 87,439,981Source | 127,569,613Source | 123,599,232Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 87,439,981Source | 127,569,613Source | 123,599,232Source |
| Cost of RevenueUSD | 50,148,318Source | 88,299,242Source | 82,229,209Source |
| Operating Income (Loss)USD | -57,175,007Source | -68,781,921Source | -13,052,171Source |
| Other Nonoperating Income (Expense)USD | -43,135,872Source | 537,966Source | 4,047,074Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -91,633,075Source | -56,079,737Source | 3,472,671Source |
| Income Tax Expense (Benefit)USD | 3,936,867Source | -5,129,391Source | 1,802,904Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -1,685,969Source | -454,683Source | 1,662,635Source |
| Net Income (Loss) Attributable to ParentUSD | -93,883,973Source | -50,495,663Source | 7,132Source |
| Earnings Per Share, BasicUSD per share | -1.14Source | -0.59Source | 0.02Source |
| Earnings Per Share, DilutedUSD per share | -1.14Source | -0.59Source | 0.02Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 83,611,267Source | 86,317,058Source | 78,781,094Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 83,611,267Source | 86,317,058Source | 79,902,891Source |
| Interest Expense (non-operating)USD | 1,886,319Source | 2,195,618Source | 1,327,341Source |
| Additional Financial Items | |||
| Amortization of Intangible AssetsUSD | 1,293,744Source | 1,639,744Source | 1,489,657Source |
| Gain (Loss) on InvestmentsUSD | -1,486,851Source | 419,114Source | -141,389Source |
| General and Administrative ExpenseUSD | 54,392,589Source | 57,683,262Source | 35,381,496Source |
| Goodwill, Impairment LossUSD | 9,716,799Source | — | 496,981Source |
| Gross ProfitUSD | 37,291,663Source | 39,270,371Source | 41,370,023Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -15,446,679Source | -8,358,084Source | 23,550,796Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -1.12Source | -0.59Source | 0Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -1.12Source | -0.59Source | 0Source |
| Investment Income, InterestUSD | 8,690,914Source | 10,046,204Source | 9,984,558Source |
| Nonoperating Income (Expense)USD | -34,458,068Source | 12,702,184Source | 16,524,842Source |
| Operating ExpensesUSD | 94,466,670Source | 108,052,292Source | 54,422,194Source |
| Operating Lease, ExpenseUSD | 750,500Source | 561,150Source | 338,233Source |
| Research and Development ExpenseUSD | 7,621,559Source | 4,995,940Source | 4,265,176Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 87,439,981Source | 127,569,613Source | 123,599,232Source |
| Selling and Marketing ExpenseUSD | 16,674,434Source | 21,237,864Source | 13,335,950Source |
Filing attachments
ea030846101ex99-1.htm · 6-K · 2026-10-13
Exhibit 99.1 Kandi Technologies Announces a 1-for-10 Reverse Stock Split Jinhua, China, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“ Kandi ” or the “ Company ”) (NASDAQ GS: KNDI), a global innovator in intelligent equipment and a technology-driven platform company, announced that it expects to implement a 1-for-10 reverse stock split, or consolidation of its ordinary shares, par value of $0.001 per share (the “ Ordinary Shares ”), effective at the opening of market on Fr…
Read attachment ↗ea030662701ex99-1.htm · 6-K · 2026-09-25
Exhibit 99.1 RAWRR INC. FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2025 RAWRR INC. CONTENTS REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - ARK Pro CPA & Co F-2 BALANCE SHEET AS OF DECEMBER 31, 2025 F-3 STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2025 F-4 STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT FOR THE YEAR ENDED DECEMBER 31, 2025 F-5 STATEMENTS…
Read attachment ↗ea030662701ex99-2.htm · 6-K · 2026-09-25
Exhibit 99.2 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION OF KANDI TECHNOLOGIES GROUP, INC. Description of the Rawrr Transaction On December 5, 2025, Kandi Technologies Group, Inc. (“Kandi” or the “Company”) entered into a share transfer agreement (the “Share Transfer Agreement”) with shareholders (“Sellers”) of Rawrr Inc. (the “Target Company,” “Target Subsidiary,” or “Rawrr”), a California corporation. The Target Subsidiary operates as a specialized new energy technology e…
Read attachment ↗ea029623301ex99-1.htm · 6-K · 2026-06-29
Exhibit 99.1 Kandi Technologies Acquires Controlling Stake in Xinchu New Energy Establishes Kandi’s entry into backup power and energy storage solutions for rapidly- growing AI data center market Jinhua, China, June 29, 2026 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ GS: KNDI), a global innovator in intelligent equipment and a technology-driven platform company, today announced that it has entered into certain investment agreements to acquire a 51% c…
Read attachment ↗ea028985901ex99-1.htm · 6-K · 2026-05-08
Exhibit 99.1 Kandi Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Compliance Deficiency JINHUA, China, May 8, 2026 - Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ GS: KNDI), a global innovator in intelligent equipment and a technology-driven platform company, today announced that, on May 5, 2026, the Company received a notification letter (“Nasdaq Notification”) from the Nasdaq Listing Qualifications Department (“Nasdaq”) notifying the Company that it…
Read attachment ↗ea028709501ex4-28.htm · 20-F · 2026-04-28
Exhibit 4.28 Certain information marked as [xxxxxxxx] has been excluded from the Agreement because it is both not material and is the type that the registrant treats as private or confidential 康迪科技集团有限公司 与 Qiaoling Liang Jessie Hu Kevin Ma Northwest Global Holdings Limited Next Elite Group Limited Peach Circle LLC 及Rawrr Inc. 关于 Rawrr Inc公司 股权转让协议 Share Transfer Agreement Of Rawrr Inc. by and between Certain Shareholders of Rawrr Inc., Rawrr Inc. And KANDI TECHNOLOGIES GROUP…
Read attachment ↗