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KANDI TECHNOLOGIES GROUP, INC.: 10-Q filed 2021-08-09

What KANDI TECHNOLOGIES GROUP, INC. reported in its quarterly report filed 2021-08-09 (fiscal Q2 2021): 52 published measures, 141 facts as tagged in accession 0001213900-21-040913.

This filing

Form
10-Q (quarterly report)
Filed
2021-08-09
Fiscal period
fiscal Q2 2021
Accession
0001213900-21-040913 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 2021-06-30503,862,260USD
At 2020-12-31495,249,840USD

Total liabilities

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

PeriodValueUnitDays
At 2021-06-3057,701,751USD
At 2020-12-3191,483,176USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-06-30446,160,509USD
At 2021-03-31398,981,883USD
At 2020-12-31403,766,664USD
At 2020-06-30220,480,721USD
At 2020-03-31212,781,516USD
At 2019-12-31217,856,927USD

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 2021-06-30132,071,957USD
At 2020-12-31142,078,190USD
At 2020-06-303,457,498USD

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
2021-01-01 to 2021-06-3034,526,754USD181
2020-01-01 to 2020-06-302,480,400USD182

Operating cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-06-30-11,661,935USD181
2020-01-01 to 2020-06-30-34,327,490USD182

Capital expenditure payments

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

PeriodValueUnitDays
2021-01-01 to 2021-06-306,565,755USD181
2020-01-01 to 2020-06-3059,670USD182

Revenue

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

PeriodValueUnitDays
2021-04-01 to 2021-06-3029,875,835USD91
2021-01-01 to 2021-06-3045,853,589USD181
2020-04-01 to 2020-06-3019,437,076USD91
2020-01-01 to 2020-06-3025,809,500USD182

Financing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-06-30250,000USD181
2020-01-01 to 2020-06-30-25,628,295USD182

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-06-3016,082,801USD181
2020-01-01 to 2020-06-3050,278,763USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-06-307,446,854USD
At 2020-12-31-27,079,900USD

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
2021-04-01 to 2021-06-307,949,255USD91
2021-01-01 to 2021-06-308,118,441USD181
2020-04-01 to 2020-06-303,889,889USD91
2020-01-01 to 2020-06-304,122,502USD182

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 2021-06-3081,579,358USD
At 2020-12-3165,402,680USD

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
2021-01-01 to 2021-06-301,429,456USD181
2020-01-01 to 2020-06-30847,546USD182

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
2021-04-01 to 2021-06-3044,369,455USD91
2021-01-01 to 2021-06-3021,522,220USD181
2020-04-01 to 2020-06-3011,623,594USD91
2020-01-01 to 2020-06-308,205,572USD182

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 2021-06-30353,984,321USD
At 2020-12-31307,115,576USD

Interest expense

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

PeriodValueUnitDays
2021-04-01 to 2021-06-3078,069USD91
2021-01-01 to 2021-06-30204,417USD181
2020-04-01 to 2020-06-301,123,056USD91
2020-01-01 to 2020-06-302,105,990USD182

Current liabilities

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

PeriodValueUnitDays
At 2021-06-3056,634,553USD
At 2020-12-3183,797,425USD

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 2021-06-3031,373,506USD
At 2020-12-3134,257,935USD

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 2021-06-3029,970,415USD
At 2020-12-3129,712,383USD

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 2021-06-302,936,697USD
At 2020-12-313,232,753USD

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 2021-06-3048,713,854USD
At 2020-12-3138,547,137USD

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
2021-04-01 to 2021-06-30-38,271,673USD91
2021-01-01 to 2021-06-30-11,070,087USD181
2020-04-01 to 2020-06-30-8,086,816USD91
2020-01-01 to 2020-06-30-3,501,535USD182

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 2021-06-3023,232,234USD
At 2020-12-3119,697,383USD

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
2021-04-01 to 2021-06-306,097,782USD91
2021-01-01 to 2021-06-3010,452,133USD181
2020-04-01 to 2020-06-303,536,778USD91
2020-01-01 to 2020-06-304,704,037USD182

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
2021-04-01 to 2021-06-303,564,905USD91
2021-01-01 to 2021-06-3025,189,502USD181
2020-04-01 to 2020-06-301,149,901USD91
2020-01-01 to 2020-06-301,790,141USD182

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 2021-06-3075,626,155shares
At 2020-12-3175,377,555shares

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 2021-06-30148,189,483USD
At 2020-12-31142,520,635USD
At 2020-06-306,678,551USD
At 2019-12-3116,512,635USD

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 2021-06-30-5,079,349USD
At 2020-12-31-8,778,151USD

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 2021-06-303,454,805USD
At 2020-12-313,496,993USD

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 2021-06-30117,595,554USD
At 2020-12-31101,297,556USD

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 2021-06-3036,016,196USD
At 2020-12-3135,894,876USD

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 2021-06-302,936,697USD
At 2020-12-313,232,753USD

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 2021-06-3018,012,160USD
At 2020-12-3132,307,484USD

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 2021-06-30464,763USD
At 2020-12-31459,580USD

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 2021-06-30602,435USD
At 2020-12-313,483,171USD

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
2021-04-01 to 2021-06-3048,878,729USD91
2021-01-01 to 2021-06-3042,645,195USD181
2020-04-01 to 2020-06-307,944,935USD91
2020-01-01 to 2020-06-306,602,902USD182

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
2021-04-01 to 2021-06-3040,929,474USD91
2021-01-01 to 2021-03-31-6,402,720USD90
2020-04-01 to 2020-06-304,055,043USD91
2020-01-01 to 2020-03-31-1,574,646USD91

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
2021-04-01 to 2021-06-3045,804,289USD91
2021-01-01 to 2021-06-3038,225,556USD181
2020-04-01 to 2020-06-304,532,780USD91
2020-01-01 to 2020-06-30-564,931USD182

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2021-04-01 to 2021-06-3040,929,474USD91
2021-01-01 to 2021-06-3034,526,754USD181
2020-04-01 to 2020-06-304,055,046USD91
2020-01-01 to 2020-06-302,480,400USD182

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
2021-04-01 to 2021-06-305,359,572USD91
2021-01-01 to 2021-06-309,789,695USD181
2020-04-01 to 2020-06-303,907,191USD91
2020-01-01 to 2020-06-306,973,926USD182

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
2021-04-01 to 2021-06-301,942,294USD91
2021-01-01 to 2021-06-303,766,555USD181
2020-04-01 to 2020-06-301,750,013USD91
2020-01-01 to 2020-06-303,530,165USD182

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
2021-01-01 to 2021-06-304,443,218USD181
2020-01-01 to 2020-06-304,022,676USD182

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
2021-04-01 to 2021-06-30165,722USD91
2021-01-01 to 2021-06-30330,894USD181
2020-04-01 to 2020-06-30152,846USD91
2020-01-01 to 2020-06-30307,702USD182

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
2021-04-01 to 2021-06-303,827,089USD91
2021-01-01 to 2021-06-304,325,990USD181
2020-04-01 to 2020-06-301,043,335USD91
2020-01-01 to 2020-06-301,062,985USD182

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
2021-04-01 to 2021-06-304,509,274USD91
2021-01-01 to 2021-06-3021,122,975USD181
2020-04-01 to 2020-06-30-3,678,659USD91
2020-01-01 to 2020-06-30-1,602,670USD182

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
2021-01-01 to 2021-06-30-11,970USD181
2020-01-01 to 2020-06-302,089,505USD182

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

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2021-01-01 to 2021-06-3082,994USD181

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
2021-01-01 to 2021-06-30-2,054,930USD181
2020-01-01 to 2020-06-301,431,388USD182

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
2021-01-01 to 2021-06-303,328,120USD181
2020-01-01 to 2020-06-30743,483USD182

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
2021-01-01 to 2021-06-30-1,044,040USD181
2020-01-01 to 2020-06-30-282,560USD182

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"])))