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KANDI TECHNOLOGIES GROUP, INC.: 10-Q filed 2020-08-10

What KANDI TECHNOLOGIES GROUP, INC. reported in its quarterly report filed 2020-08-10 (fiscal Q2 2020): 56 published measures, 157 facts as tagged in accession 0001213900-20-021018.

This filing

Form
10-Q (quarterly report)
Filed
2020-08-10
Fiscal period
fiscal Q2 2020
Accession
0001213900-20-021018 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.

PeriodValueUnitDays
At 2020-06-30344,358,145USD
At 2019-12-31371,218,396USD

Total liabilities

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

PeriodValueUnitDays
At 2020-06-30123,877,424USD
At 2019-12-31153,361,469USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-06-30220,480,721USD
At 2020-03-31212,781,516USD
At 2019-12-31217,856,927USD
At 2019-06-30219,031,966USD
At 2019-03-31230,005,906USD
At 2018-12-31225,622,874USD

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.

PeriodValueUnitDays
At 2020-06-303,457,498USD
At 2019-12-315,490,557USD
At 2019-06-303,608,933USD

Net income or loss

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

PeriodValueUnitDays
2020-04-01 to 2020-06-304,055,046USD91
2020-01-01 to 2020-06-302,480,400USD182
2019-04-01 to 2019-06-30-7,318,158USD91
2019-01-01 to 2019-06-30-11,727,630USD181

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30-34,327,490USD182
2019-01-01 to 2019-06-30-33,118,904USD181

Capital expenditure payments

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

PeriodValueUnitDays
2020-01-01 to 2020-06-3059,670USD182
2019-01-01 to 2019-06-30512,707USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2020-04-01 to 2020-06-3019,437,076USD91
2020-01-01 to 2020-06-3025,809,500USD182
2019-04-01 to 2019-06-3024,146,230USD91
2019-01-01 to 2019-06-3042,214,690USD181

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30-25,628,295USD182
2019-01-01 to 2019-06-301,474,078USD181

Investing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-3050,278,763USD182
2019-01-01 to 2019-06-3014,228,076USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-06-30-14,205,339USD
At 2019-12-31-16,685,736USD

Basic weighted-average shares

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

PeriodValueUnitDays
2020-04-01 to 2020-06-3053,369,602shares91
2020-01-01 to 2020-06-3052,862,043shares182
2019-04-01 to 2019-06-3052,806,331shares91
2019-01-01 to 2019-06-3052,189,237shares181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-3053,369,602shares91
2020-01-01 to 2020-06-3052,862,043shares182
2019-04-01 to 2019-06-3052,806,331shares91
2019-01-01 to 2019-06-3052,189,237shares181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-300.08USD/shares91
2020-01-01 to 2020-06-300.05USD/shares182
2019-04-01 to 2019-06-30-0.14USD/shares91
2019-01-01 to 2019-06-30-0.22USD/shares181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-300.08USD/shares91
2020-01-01 to 2020-06-300.05USD/shares182
2019-04-01 to 2019-06-30-0.14USD/shares91
2019-01-01 to 2019-06-30-0.22USD/shares181

Income tax expense or benefit

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

PeriodValueUnitDays
2020-04-01 to 2020-06-303,889,889USD91
2020-01-01 to 2020-06-304,122,502USD182
2019-04-01 to 2019-06-3057,295USD91
2019-01-01 to 2019-06-30-751,193USD181

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.

PeriodValueUnitDays
At 2020-06-3069,907,964USD
At 2019-12-3174,407,858USD

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-30847,546USD182
2019-01-01 to 2019-06-301,314,408USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-3011,623,594USD91
2020-01-01 to 2020-06-308,205,572USD182
2019-04-01 to 2019-06-30-2,953,712USD91
2019-01-01 to 2019-06-30-3,012,239USD181

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.

PeriodValueUnitDays
At 2020-06-30181,403,934USD
At 2019-12-31195,572,436USD

Interest expense

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

PeriodValueUnitDays
2020-04-01 to 2020-06-301,123,056USD91
2020-01-01 to 2020-06-302,105,990USD182
2019-04-01 to 2019-06-30429,355USD91
2019-01-01 to 2019-06-30868,538USD181

Current liabilities

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

PeriodValueUnitDays
At 2020-06-30105,816,172USD
At 2019-12-31131,873,739USD

Current accounts payable

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

PeriodValueUnitDays
At 2020-06-3059,656,133USD
At 2019-12-3172,093,940USD

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.

PeriodValueUnitDays
At 2020-06-3027,962,871USD
At 2019-12-3128,270,400USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2020-06-303,298,384USD
At 2019-12-313,654,772USD

Net current accounts receivable

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

PeriodValueUnitDays
At 2020-06-3060,020,455USD
At 2019-12-3161,181,849USD

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-30-8,086,816USD91
2020-01-01 to 2020-06-30-3,501,535USD182
2019-04-01 to 2019-06-307,155,866USD91
2019-01-01 to 2019-06-3010,350,830USD181

Net inventory

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

PeriodValueUnitDays
At 2020-06-3028,245,267USD
At 2019-12-3127,736,566USD

Gross profit

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

PeriodValueUnitDays
2020-04-01 to 2020-06-303,536,778USD91
2020-01-01 to 2020-06-304,704,037USD182
2019-04-01 to 2019-06-304,202,154USD91
2019-01-01 to 2019-06-307,338,591USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,149,901USD91
2020-01-01 to 2020-06-301,790,141USD182
2019-04-01 to 2019-06-30632,590USD91
2019-01-01 to 2019-06-301,170,023USD181

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.

PeriodValueUnitDays
At 2020-06-3054,352,158shares
At 2019-12-3152,839,441shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2020-06-306,678,551USD
At 2019-12-3116,512,635USD
At 2019-06-305,182,925USD
At 2018-12-3122,353,071USD

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.

PeriodValueUnitDays
At 2020-06-30-25,768,912USD
At 2019-12-31-22,723,581USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2020-06-30115,087USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2020-06-30117,695USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2020-06-3011,712,415USD
At 2019-12-3114,353,792USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2020-06-30119,066,846USD
At 2019-12-31120,719,212USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2020-06-3049,158,882USD
At 2019-12-3146,311,354USD

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.

PeriodValueUnitDays
At 2020-06-303,298,384USD
At 2019-12-313,654,772USD

Other noncurrent assets

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

PeriodValueUnitDays
At 2020-06-3010,529,348USD
At 2019-12-3110,811,501USD

Other noncurrent liabilities

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

PeriodValueUnitDays
At 2020-06-30565,915USD
At 2019-12-31574,152USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2020-06-303,448,922USD
At 2019-12-311,362,786USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2020-04-01 to 2020-06-307,944,935USD91
2020-01-01 to 2020-06-306,602,902USD182
2019-04-01 to 2019-06-30-7,260,863USD91
2019-01-01 to 2019-06-30-12,478,823USD181

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2020-04-01 to 2020-06-304,055,043USD91
2020-01-01 to 2020-03-31-1,574,646USD91
2019-04-01 to 2019-06-30-7,318,158USD91
2019-01-01 to 2019-03-31-4,409,472USD90

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-304,532,780USD91
2020-01-01 to 2020-06-30-564,931USD182
2019-04-01 to 2019-06-30-12,233,747USD91
2019-01-01 to 2019-06-30-11,239,191USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-303,907,191USD91
2020-01-01 to 2020-06-306,973,926USD182
2019-04-01 to 2019-06-305,623,798USD91
2019-01-01 to 2019-06-307,663,326USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,750,013USD91
2020-01-01 to 2020-06-303,530,165USD182
2019-04-01 to 2019-06-301,876,569USD91
2019-01-01 to 2019-06-303,892,028USD181

Depreciation, depletion and amortization

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

PeriodValueUnitDays
2020-01-01 to 2020-06-304,022,676USD182
2019-01-01 to 2019-06-304,376,097USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2020-04-01 to 2020-06-30152,846USD91
2020-01-01 to 2020-06-30307,702USD182
2019-01-01 to 2019-12-31317,470USD365
2019-04-01 to 2019-06-30157,967USD91

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,043,335USD91
2020-01-01 to 2020-06-301,062,985USD182
2019-04-01 to 2019-06-30-174,597USD91
2019-01-01 to 2019-06-30299,793USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-30-3,678,659USD91
2020-01-01 to 2020-06-30-1,602,670USD182
2019-04-01 to 2019-06-30-4,307,151USD91
2019-01-01 to 2019-06-30-9,466,584USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-302,089,505USD182
2019-01-01 to 2019-06-3051,275USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2020-01-01 to 2020-06-30641,213USD182
2019-01-01 to 2019-06-30868,538USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-301,431,388USD182
2019-01-01 to 2019-06-3016,560,338USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-30743,483USD182
2019-01-01 to 2019-06-307,093,904USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-282,560USD182
2019-01-01 to 2019-06-30387,505USD181

Inspect the source

Entity
KANDI TECHNOLOGIES GROUP, INC. / CIK 0001316517
Captured
SEC response SHA-256
c7d2a5660c1465407e5d857d740ba27be24b0f71863156eacdac71c34e076da8

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

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001316517.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))