Kandi Technologies reported total assets of $0.40B and total liabilities of $0.13B for the quarter ended Dec 2025, down 99.9% year over year. This balance sheet covers 8 quarters of results from Dec 2022 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2022 | Jun2023 | Dec2023 | Jun2024 | Sep2024 | Dec2024 | Jun2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Current Assets | ||||||||
| Cash & EquivalentsCash & Equiv. | 0.08B | 0.03B | 37.31B | 53.53B | 0.04B | 0.03B | 0.04B | |
| Short-term InvestmentsInvestments (Current) | 0.07B | 0.06B | 100.96B | 165.39B | 0.08B | 0.07B | 0.09B | |
| Cash & Current Investments | 0.15B | 0.09B | 138.27B | 218.92B | 0.12B | 0.10B | 0.13B | |
| Receivables - NetNet Receivables | 0.02B | 31.55B | 35.22B | 0.03B | 0.01B | 0.03B | ||
| Receivables - OtherOther Receivables | -0.00B | 0.01B | 20.57B | 10.61B | 0.14B | 0.01B | 0.03B | |
| Receivables | 0.03B | 52.13B | 45.83B | 0.17B | 0.02B | 0.06B | ||
| Raw Materials | 0.01B | 0.00B | 0.00B | |||||
| Work In Process | 0.00B | 0.00B | 0.00B | |||||
| Finished Goods | 0.05B | 0.05B | 0.02B | |||||
| Inventory | 61.55B | 72.63B | 85.80B | 0.05B | 0.05B | 0.03B | ||
| Prepaid Assets | 1.91B | 3.96B | 4.85B | 0.00B | 0.00B | 0.00B | ||
| Current Assets | 0.33B | 343.55B | 348.92B | 396.68B | 0.35B | 0.32B | 0.30B | |
| Non-Current Assets | ||||||||
| Buildings | 0.02B | 0.02B | ||||||
| Construction in Progress | 0.00B | |||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 98.80B | 92.47B | 92.73B | 0.06B | 0.06B | 0.06B | ||
| Long-Term Investments | 0.00B | 0.00B | 0.00B | |||||
| Goodwill | 33.15B | 32.44B | 33.36B | 0.03B | 0.03B | 0.02B | ||
| Intangibles | 2.75B | 2.64B | 2.71B | 0.00B | 0.00B | 0.00B | ||
| Goodwill & Intangibles | 35.90B | 35.08B | 36.07B | 0.03B | 0.03B | 0.03B | ||
| Long-Term Deferred Tax | 0.81B | 0.85B | 0.85B | 0.01B | 0.01B | 0.00B | ||
| Other Non-Current Assets | 9.99B | 10.71B | 10.74B | 0.01B | 0.01B | 0.01B | ||
| Non-Current Assets | 0.15B | 151.91B | 144.51B | 145.53B | 0.12B | 0.12B | 0.10B | |
| Assets | 0.48B | 0.50B | 493.44B | 542.21B | 0.47B | 0.44B | 0.40B | |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payables | 28.74B | 34.99B | 31.04B | 0.03B | 0.01B | 0.02B | ||
| Notes Payables | 24.07B | 23.50B | 51.53B | 0.04B | 0.02B | 0.02B | ||
| Payables | 52.82B | 58.49B | 82.58B | 0.07B | 0.04B | 0.04B | ||
| Accumulated Expenses | 7.25B | 5.41B | 6.15B | 0.01B | 0.01B | 0.05B | ||
| Other Accumulated Expenses | 5.40B | 5.70B | 5.95B | 0.01B | 0.01B | 0.01B | ||
| Short term Debt | 9.07B | 13.22B | 24.52B | 0.04B | 0.04B | 0.03B | ||
| Current Taxes | 2.13B | 1.97B | 2.57B | 0.00B | 0.00B | 0.00B | ||
| Current Deferred Revenue | 0.00B | |||||||
| Total Current Liabilities | 0.08B | 76.67B | 84.79B | 121.77B | 0.12B | 0.09B | 0.13B | |
| Non-Current Liabilities | ||||||||
| Non-Current Debt | 8.39B | 8.11B | 7.86B | 0.01B | 0.01B | |||
| Minority Interest | 2.39B | 2.45B | 2.38B | 0.00B | 0.00B | -744.00 | ||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.96B | 0.85B | 0.85B | 0.00B | 0.00B | 0.00B | ||
| Other Non-Current Liabilities | 0.23B | 0.98B | 0.54B | 0.00B | 0.00B | 0.00B | ||
| Total Non-Current Liabilities | 0.00B | 12.27B | 11.71B | 10.89B | 0.01B | 0.00B | 0.00B | |
| Total Liabilities | 0.09B | -0.00B | 0.09B | 96.50B | 132.66B | 0.13B | 0.09B | 0.13B |
| Shareholder's Equity | ||||||||
| Total Debt | 41.53B | 44.84B | 83.91B | 0.08B | 0.06B | 0.05B | ||
| Common Equity | 0.40B | 0.00B | 0.41B | 396.94B | 409.55B | 0.35B | 0.35B | 0.27B |
| Liabilities and Shareholders Equity | 0.48B | 0.50B | 493.44B | 542.21B | 0.47B | 0.44B | 0.40B | |
| Treasury Shares | 0.00B | 0.00B | 0.00B | |||||
| Retained Earnings | -36.97B | -0.05B | -0.04B |