Skip to content

KANDI TECHNOLOGIES GROUP, INC.: 10-Q filed 2023-11-08

What KANDI TECHNOLOGIES GROUP, INC. reported in its quarterly report filed 2023-11-08 (fiscal Q3 2023): 54 published measures, 158 facts as tagged in accession 0001213900-23-084510.

This filing

Form
10-Q (quarterly report)
Filed
2023-11-08
Fiscal period
fiscal Q3 2023
Accession
0001213900-23-084510 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 2023-09-30482,642,820USD
At 2022-12-31482,982,276USD

Total liabilities

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

PeriodValueUnitDays
At 2023-09-3089,805,747USD
At 2022-12-3185,289,305USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-09-30390,423,311USD
At 2022-12-31396,970,490USD

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 2023-09-3072,900,121USD
At 2022-12-3184,063,717USD
At 2022-09-3099,029,118USD

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
2023-07-01 to 2023-09-30868,902USD92
2023-01-01 to 2023-09-304,567,904USD273
2022-07-01 to 2022-09-30379,019USD92
2022-01-01 to 2022-09-30-3,174,308USD273

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-3026,656,916USD273
2022-01-01 to 2022-09-3013,223,050USD273

Capital expenditure payments

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

PeriodValueUnitDays
2023-01-01 to 2023-09-3013,103,838USD273
2022-01-01 to 2022-09-301,674,445USD273

Revenue

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

PeriodValueUnitDays
2023-07-01 to 2023-09-3036,426,201USD92
2023-01-01 to 2023-09-3095,241,648USD273
2022-07-01 to 2022-09-3033,673,201USD92
2022-01-01 to 2022-09-3079,405,788USD273

Financing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-3011,979,721USD273
2022-01-01 to 2022-09-30921,815USD273

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-30-47,323,263USD273
2022-01-01 to 2022-09-30-29,225,536USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-09-30-11,771,861USD
At 2022-12-31-16,339,765USD

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
2023-07-01 to 2023-09-3079,174,343shares92
2023-01-01 to 2023-09-3075,931,247shares273
2022-07-01 to 2022-09-3075,741,399shares92
2022-01-01 to 2022-09-3075,962,899shares273

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
2023-07-01 to 2023-09-3081,234,002shares92
2023-01-01 to 2023-09-3077,645,533shares273
2022-07-01 to 2022-09-3075,885,630shares92
2022-01-01 to 2022-09-3076,061,190shares273

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
2023-07-01 to 2023-09-300.02USD/shares92
2023-01-01 to 2023-09-300.08USD/shares273
2022-07-01 to 2022-09-300.01USD/shares92
2022-01-01 to 2022-09-30-0.03USD/shares273

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
2023-07-01 to 2023-09-300.02USD/shares92
2023-01-01 to 2023-09-300.08USD/shares273
2022-07-01 to 2022-09-300.01USD/shares92
2022-01-01 to 2022-09-30-0.03USD/shares273

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
2023-07-01 to 2023-09-30-12,007USD92
2023-01-01 to 2023-09-30-86,330USD273
2022-07-01 to 2022-09-30497,211USD92
2022-01-01 to 2022-09-30-255,232USD273

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 2023-09-3098,754,578USD
At 2022-12-3197,168,753USD

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
2023-01-01 to 2023-09-308,716,981USD273
2022-01-01 to 2022-09-30913,288USD273

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
2023-07-01 to 2023-09-30-3,587,157USD92
2023-01-01 to 2023-09-30-6,053,252USD273
2022-07-01 to 2022-09-30-2,191,714USD92
2022-01-01 to 2022-09-30-14,176,950USD273

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 2023-09-30333,085,403USD
At 2022-12-31329,322,973USD

Current liabilities

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

PeriodValueUnitDays
At 2023-09-3079,997,745USD
At 2022-12-3181,505,848USD

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 2023-09-3034,475,667USD
At 2022-12-3135,321,262USD

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 2023-09-3031,193,706USD
At 2022-12-3133,178,229USD

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 2023-09-305,561,878USD

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 2023-09-3016,350,519USD
At 2022-12-3138,150,876USD

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
2023-07-01 to 2023-09-3014,506,178USD92
2023-01-01 to 2023-09-3038,736,075USD273
2022-07-01 to 2022-09-308,560,877USD92
2022-01-01 to 2022-09-3025,652,143USD273

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 2023-09-3057,860,989USD
At 2022-12-3140,475,366USD

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
2023-07-01 to 2023-09-3010,919,021USD92
2023-01-01 to 2023-09-3032,682,823USD273
2022-07-01 to 2022-09-306,369,163USD92
2022-01-01 to 2022-09-3011,475,193USD273

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
2023-07-01 to 2023-09-30917,893USD92
2023-01-01 to 2023-09-302,671,435USD273
2022-07-01 to 2022-09-301,433,649USD92
2022-01-01 to 2022-09-303,828,078USD273

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 2023-09-3084,997,369shares
At 2022-12-3174,180,171shares

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 2023-09-30134,857,516USD
At 2022-12-31151,040,271USD
At 2022-09-30139,884,828USD
At 2021-12-31168,676,007USD

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 2023-09-30-48,131,857USD
At 2022-12-31-28,333,239USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2023-09-30392,837,073USD
At 2023-06-30389,670,942USD
At 2023-03-31400,874,308USD
At 2022-12-31397,692,971USD
At 2022-09-30398,741,189USD
At 2022-06-30418,981,073USD
At 2022-03-31442,298,913USD
At 2021-12-31443,200,327USD

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 2023-09-30147,612,261USD
At 2022-12-31141,408,138USD

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 2023-09-3048,857,683USD
At 2022-12-3144,239,385USD

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 2023-09-305,561,878USD
At 2022-12-317,994,112USD

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 2023-09-309,756,037USD
At 2022-12-3110,630,911USD

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 2023-09-30410,182USD
At 2022-12-31602,085USD

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 2023-09-301,172,820USD
At 2022-12-311,378,372USD

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
2023-07-01 to 2023-09-301,264,521USD92
2023-01-01 to 2023-09-306,172,855USD273
2022-07-01 to 2022-09-301,570,259USD92
2022-01-01 to 2022-09-30-2,676,849USD273

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
2023-07-01 to 2023-09-301,276,528USD92
2023-01-01 to 2023-09-306,259,185USD273
2023-04-01 to 2023-06-304,387,200USD91
2023-01-01 to 2023-03-31595,457USD90
2022-07-01 to 2022-09-301,073,048USD92
2022-01-01 to 2022-09-30-2,421,617USD273
2022-04-01 to 2022-06-30-1,875,652USD91
2022-01-01 to 2022-03-31-1,619,013USD90

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
2023-07-01 to 2023-09-30-825,718USD92
2023-01-01 to 2023-09-30-13,539,433USD273
2022-07-01 to 2022-09-30-19,859,822USD92
2022-01-01 to 2022-09-30-42,310,906USD273

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
2023-07-01 to 2023-09-309,457,877USD92
2023-01-01 to 2023-09-3025,855,648USD273
2022-07-01 to 2022-09-305,686,233USD92
2022-01-01 to 2022-09-3018,016,843USD273

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
2023-07-01 to 2023-09-302,504,272USD92
2023-01-01 to 2023-09-307,614,411USD273
2022-07-01 to 2022-09-302,510,531USD92
2022-01-01 to 2022-09-307,796,048USD273

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
2023-01-01 to 2023-09-308,952,016USD273
2022-01-01 to 2022-09-309,512,970USD273

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
2023-07-01 to 2023-09-30334,240USD92
2023-01-01 to 2023-09-301,124,137USD273
2022-07-01 to 2022-09-30482,010USD92
2022-01-01 to 2022-09-301,489,579USD273

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
2023-07-01 to 2023-09-302,611,239USD92
2023-01-01 to 2023-09-303,685,019USD273
2022-07-01 to 2022-09-30536,726USD92
2022-01-01 to 2022-09-302,954,036USD273

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
2023-07-01 to 2023-09-304,851,678USD92
2023-01-01 to 2023-09-3012,226,107USD273
2022-07-01 to 2022-09-303,761,973USD92
2022-01-01 to 2022-09-3011,500,101USD273

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
2023-01-01 to 2023-09-30-200,316USD273
2022-01-01 to 2022-09-30-116,206USD273

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
2023-01-01 to 2023-09-30384,012USD273
2022-01-01 to 2022-09-30225,479USD273

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
2023-01-01 to 2023-09-30255,248USD273
2022-01-01 to 2022-09-30271,839USD273

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
2023-01-01 to 2023-09-30-11,846,717USD273
2022-01-01 to 2022-09-3020,932,970USD273

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
2023-01-01 to 2023-09-3018,498,142USD273
2022-01-01 to 2022-09-3013,183,546USD273

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
2023-01-01 to 2023-09-3034,021,872USD273
2022-01-01 to 2022-09-3046,796,615USD273

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.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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"])))