Kandi Technologies (KNDI) Notes Payables (2023 - 2025)
Kandi Technologies (KNDI) posted quarterly Notes Payables of $30.8 million for Q4 2025, down 26.12% year-over-year from $41.6 million in Q4 2024, and up 30.65% quarter-over-quarter from $23.5 million in Q2 2025.
Kandi Technologies (KNDI) Notes Payables (2023 - 2025) Analysis & Trends
Kandi Technologies (KNDI) has reported Notes Payables for 3 consecutive years, with $30.8 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Notes Payables fell 26.12% year-over-year to $30.8 million; the TTM figure through Dec 2025 stood at $30.8 million (down 26.12% YoY), while the FY2025 annual figure was $30.8 million, down 26.12% from the prior year.
- Notes Payables grew to $30.8 million in Q4 2025 per KNDI's latest filing, from $23.5 million in the prior quarter.
- Across five years, Notes Payables topped out at $51.5 billion in Q3 2024 and bottomed at $23.5 million in Q2 2025.
- Historically, Notes Payables has averaged $12.5 billion across 3 years, with a median of $36.2 million in 2024.
- Annual changes were most pronounced in 2024 — Notes Payables soared 72.9% — and 2025, when it slumped 99.9%.
- Kandi Technologies' Notes Payables stood at $24.1 million in 2023, then soared by 72.9% to $41.6 million in 2024, then retreated by 26.12% to $30.8 million in 2025.
- Business Quant data shows KNDI's Notes Payables at $30.8 million in Q4 2025, $23.5 million in Q2 2025, and $41.6 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Brp | 4.86 Bn | 4.30 Bn | 409.69 Mn |
| 2 | Thor Industries | 4.10 Bn | 3.73 Bn | 354.77 Mn |
| 3 | Polaris | 3.68 Bn | 3.37 Bn | - |
| 4 | Harley-Davidson | 2.89 Bn | 996.54 Mn | 421.12 Mn |
| 5 | Patrick Industries | 2.72 Bn | 2.69 Bn | 247.58 Mn |
| 6 | Lci Industries | 2.55 Bn | 2.34 Bn | 301.14 Mn |
| 7 | Brunswick | 1.56 Bn | 1.24 Bn | 437.80 Mn |
| 8 | Winnebago Industries | 909.00 Mn | 851.90 Mn | 94.90 Mn |
| 9 | Malibu Boats | 556.27 Mn | 506.10 Mn | 41.28 Mn |
| 10 | Kandi Technologies | 51.17 Mn | -77.86 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 30.75 Mn |
| Jun 30, 2025 | 23.54 Mn |
| Dec 31, 2024 | 41.62 Mn |
| Sep 30, 2024 | 51.53 Bn |
| Jun 30, 2024 | 23.50 Bn |
| Dec 31, 2023 | 24.07 Mn |