KANDI TECHNOLOGIES GROUP, INC.: 10-K filed 2017-03-16

Name: KANDI TECHNOLOGIES GROUP, INC.: 10-K filed 2017-03-16
Creator: KANDI TECHNOLOGIES GROUP, INC.

What KANDI TECHNOLOGIES GROUP, INC. reported in its annual report filed 2017-03-16 (fiscal FY 2016): 41 published measures, 111 facts as tagged in accession 0001062993-17-001411.

This filing

Form: 10-K (annual report)
Filed: 2017-03-16
Fiscal period: fiscal FY 2016
Accession: 0001062993-17-001411 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All KANDI TECHNOLOGIES GROUP, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2016-12-31	439,698,185	USD
At 2015-12-31	371,469,024	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2016-12-31	207,350,718	USD
At 2015-12-31	132,543,456	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2016-12-31	232,347,467	USD
At 2015-12-31	238,925,568	USD
At 2014-12-31	211,584,839	USD
At 2013-12-31	88,526,119	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2016-12-31	12,235,921	USD
At 2015-12-31	16,738,559	USD
At 2014-12-31	26,379,460	USD
At 2013-12-31	12,762,369	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-6,510,757	USD	366
2015-01-01 to 2015-12-31	14,665,495	USD	365
2014-01-01 to 2014-12-31	12,271,338	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-49,526,543	USD	366
2015-01-01 to 2015-12-31	-6,372,255	USD	365
2014-01-01 to 2014-12-31	3,327,918	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	275,801	USD	366
2015-01-01 to 2015-12-31	827,059	USD	365
2014-01-01 to 2014-12-31	2,101,355	USD	365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	44,827,611	USD	366
2015-01-01 to 2015-12-31	-961,523	USD	365
2014-01-01 to 2014-12-31	69,019,801	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	966,627	USD	366
2015-01-01 to 2015-12-31	-4,312,479	USD	365
2014-01-01 to 2014-12-31	-57,134,690	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2016-12-31	24,545,163	USD
At 2015-12-31	31,055,919	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	47,447,665	shares	366
2015-01-01 to 2015-12-31	46,744,718	shares	365
2014-01-01 to 2014-12-31	42,583,495	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	47,447,665	shares	366
2015-01-01 to 2015-12-31	46,925,554	shares	365
2014-01-01 to 2014-12-31	42,715,818	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-0.14	USD/shares	366
2015-01-01 to 2015-12-31	0.31	USD/shares	365
2014-01-01 to 2014-12-31	0.29	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-0.14	USD/shares	366
2015-01-01 to 2015-12-31	0.31	USD/shares	365
2014-01-01 to 2014-12-31	0.29	USD/shares	365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	681,546	USD	366
2015-01-01 to 2015-12-31	6,127,228	USD	365
2014-01-01 to 2014-12-31	2,414,412	USD	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2016-12-31	15,194,442	USD
At 2015-12-31	20,525,126	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	14,913,212	USD	366
2015-01-01 to 2015-12-31	22,306,987	USD	365
2014-01-01 to 2014-12-31	0	USD	365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-31,016,250	USD	366
2015-01-01 to 2015-12-31	-3,952,423	USD	365
2014-01-01 to 2014-12-31	5,244,160	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2016-12-31	264,025,932	USD
At 2015-12-31	198,413,964	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	1,831,667	USD	366
2015-01-01 to 2015-12-31	2,214,635	USD	365
2014-01-01 to 2014-12-31	3,480,646	USD	365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2016-12-31	177,677,907	USD
At 2015-12-31	130,949,874	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2016-12-31	115,870,051	USD
At 2015-12-31	73,957,969	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2016-12-31	322,591	USD
At 2015-12-31	322,591	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2016-12-31	32,394,613	USD
At 2015-12-31	8,136,421	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	48,738,066	USD	366
2015-01-01 to 2015-12-31	32,371,641	USD	365
2014-01-01 to 2014-12-31	18,159,773	USD	365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2016-12-31	11,914,110	USD
At 2015-12-31	17,773,679	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	17,721,816	USD	366
2015-01-01 to 2015-12-31	28,419,218	USD	365
2014-01-01 to 2014-12-31	23,403,933	USD	365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	26,504,650	USD	366
2015-01-01 to 2015-12-31	3,482,511	USD	365
2014-01-01 to 2014-12-31	2,755,637	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2016-12-31	47,699,638	shares
At 2015-12-31	46,964,855	shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2016-12-31	-20,156,873	USD
At 2015-12-31	-4,741,650	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2016-12-31	413,211	USD
At 2015-12-31	495,306	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2016-12-31	42,091,371	USD
At 2015-12-31	154,019	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-21,925,980	USD	366
2015-01-01 to 2015-12-31	5,033,742	USD	365
2014-01-01 to 2014-12-31	9,546,195	USD	365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	20,665,709	USD	366
2015-01-01 to 2015-12-31	28,255,267	USD	365
2014-01-01 to 2014-12-31	14,058,548	USD	365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	4,863,277	USD	366
2015-01-01 to 2015-12-31	5,788,780	USD	365
2014-01-01 to 2014-12-31	5,571,465	USD	365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	1,627,933	USD	366
2015-01-01 to 2015-12-31	1,814,882	USD	365
2014-01-01 to 2014-12-31	-34,649	USD	365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	25,187,039	USD	366
2015-01-01 to 2015-12-31	24,745,146	USD	365
2014-01-01 to 2014-12-31	9,441,590	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	3,651,362	USD	366
2015-01-01 to 2015-12-31	1,446,345	USD	365
2014-01-01 to 2014-12-31	1,579,855	USD	365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	40,962,889	USD	366
2015-01-01 to 2015-12-31	16,240,270	USD	365
2014-01-01 to 2014-12-31	-13,739,774	USD	365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-4,952,792	USD	366
2015-01-01 to 2015-12-31	3,497,460	USD	365
2014-01-01 to 2014-12-31	6,280,502	USD	365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	112,150,789	USD	366
2015-01-01 to 2015-12-31	164,704,112	USD	365
2014-01-01 to 2014-12-31	43,114,334	USD	365

Inspect the source

Entity: KANDI TECHNOLOGIES GROUP, INC. / CIK 0001316517
Captured: 2026-09-22 19:43 UTC
SEC response SHA-256: c7d2a5660c1465407e5d857d740ba27be24b0f71863156eacdac71c34e076da8

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
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with urlopen("https://canlicapital.com/company-data/0001316517.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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