Financial Statements for Kandi Technolgies Corp.

Search Images Videos Maps News Shopping Gmail More »

Help | Sign in

Recent Quotes

You have no recent quotes

chg | %

Kandi Technolgies Corp. financials

Watch this stock

Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

Hide charts

In Millions of USD (except for per share items)	3 months ending 2012-03-31	3 months ending 2011-12-31	3 months ending 2011-09-30	3 months ending 2011-06-30	3 months ending 2011-03-31
Revenue	14.36	11.39	10.31	10.14	8.34
Other Revenue, Total	-	-	-	-	-
Total Revenue	14.36	11.39	10.31	10.14	8.34
Cost of Revenue, Total	11.01	8.90	7.98	7.80	6.28
Gross Profit	3.34	2.48	2.33	2.34	2.06
Selling/General/Admin. Expenses, Total	0.78	1.07	1.15	0.92	0.73
Research & Development	0.76	0.61	0.61	0.57	0.51
Depreciation/Amortization	-	-	-	-	-
Interest Expense(Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	-	-	-	-	-
Other Operating Expenses, Total	-	-	-	-	-
Total Operating Expense	12.55	10.58	9.75	9.29	7.52
Operating Income	1.81	0.81	0.57	0.85	0.82
Interest Income(Expense), Net Non-Operating	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	0.98	-1.62	-0.17	2.69	5.51
Income Before Tax	2.90	-0.67	0.50	3.81	6.03
Income After Tax	2.38	-0.83	0.38	3.62	5.94
Minority Interest	-	-	-	-	-
Equity In Affiliates	-	-	-	-	-
Net Income Before Extra. Items	2.38	-0.83	0.38	3.62	5.94
Accounting Change	-	-	-	-	-
Discontinued Operations	-	-	-	-	-
Extraordinary Item	-	-	-	-	-
Net Income	2.38	-0.83	0.38	3.62	5.94
Preferred Dividends	-	-	-	-	-
Income Available to Common Excl. Extra Items	2.38	-0.83	0.38	3.62	5.94
Income Available to Common Incl. Extra Items	2.38	-0.83	0.38	3.62	5.94
Basic Weighted Average Shares	-	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-	-
Dilution Adjustment	-	0.00	-	0.00	0.00
Diluted Weighted Average Shares	28.84	27.45	28.62	28.58	29.03
Diluted EPS Excluding Extraordinary Items	0.08	-0.03	0.01	0.13	0.20
Diluted EPS Including Extraordinary Items	-	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-	-
Depreciation, Supplemental	-	-	-	-	-
Total Special Items	-	-	-	-	-
Normalized Income Before Taxes	-	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-	-
Normalized Income After Taxes	-	-	-	-	-
Normalized Income Avail to Common	-	-	-	-	-
Basic Normalized EPS	-	-	-	-	-
Diluted Normalized EPS	0.08	-0.03	0.01	0.13	0.20

In Millions of USD (except for per share items)	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31	12 months ending 2008-12-31
Revenue	40.18	42.88	33.83	40.51
Other Revenue, Total	-	-	-	-
Total Revenue	40.18	42.88	33.83	40.51
Cost of Revenue, Total	30.96	33.26	25.61	30.92
Gross Profit	9.21	9.62	8.21	9.59
Selling/General/Admin. Expenses, Total	3.87	4.49	3.60	2.31
Research & Development	2.30	1.91	2.34	0.84
Depreciation/Amortization	-	-	-	-
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	-	-	-	-0.02
Other Operating Expenses, Total	-	-	-	-
Total Operating Expense	37.14	39.66	31.55	34.06
Operating Income	3.04	3.22	2.28	6.46
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-
Other, Net	6.42	-1.61	0.49	0.16
Income Before Tax	9.67	-0.55	1.29	4.60
Income After Tax	9.11	-0.95	1.00	4.59
Minority Interest	-	-	-	-
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	9.11	-0.95	1.00	4.59
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	9.11	-0.95	1.00	4.92
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	9.11	-0.95	1.00	4.59
Income Available to Common Incl. Extra Items	9.11	-0.95	1.00	4.92
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	0.00	0.00	-	0.00
Diluted Weighted Average Shares	28.74	22.17	21.48	19.96
Diluted EPS Excluding Extraordinary Items	0.32	-0.04	0.05	0.23
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	0.32	-0.04	0.05	0.23

In Millions of USD (except for per share items)	As of 2012-03-31	As of 2011-12-31	As of 2011-09-30	As of 2011-06-30	As of 2011-03-31
Cash & Equivalents	5.02	2.29	1.88	9.37	7.50
Short Term Investments	0.00	0.00	0.00	0.00	0.30
Cash and Short Term Investments	5.02	2.29	1.88	9.37	7.81
Accounts Receivable - Trade, Net	15.64	12.93	9.31	9.29	15.79
Receivables - Other	-	-	-	-	-
Total Receivables, Net	37.10	53.33	31.60	31.77	36.92
Total Inventory	8.19	6.67	8.68	11.30	9.78
Prepaid Expenses	2.38	1.04	3.64	9.73	7.26
Other Current Assets, Total	22.42	6.63	26.36	26.77	26.97
Total Current Assets	75.10	69.97	72.16	88.95	88.73
Property/Plant/Equipment, Total - Gross	50.09	49.58	45.05	38.61	37.87
Accumulated Depreciation, Total	-19.84	-18.59	-17.35	-16.07	-14.58
Goodwill, Net	-	-	-	-	-
Intangibles, Net	11.00	10.99	10.99	10.95	10.84
Long Term Investments	0.22	0.23	0.25	0.26	0.27
Other Long Term Assets, Total	0.26	0.09	0.20	0.22	0.29
Total Assets	116.83	112.27	111.30	122.92	123.43
Accounts Payable	6.24	5.90	6.05	6.01	6.08
Accrued Expenses	0.17	0.01	0.01	0.01	0.02
Notes Payable/Short Term Debt	47.39	42.22	46.13	58.94	61.78
Current Port. of LT Debt/Capital Leases	-	-	-	-	-
Other Current liabilities, Total	1.36	4.37	1.03	0.98	0.65
Total Current Liabilities	55.16	52.51	53.22	65.94	68.52
Long Term Debt	0.00	0.00	0.00	0.00	0.00
Capital Lease Obligations	-	-	-	-	-
Total Long Term Debt	0.00	0.00	0.00	0.00	0.00
Total Debt	47.39	42.22	46.13	58.94	61.78
Deferred Income Tax	-	-	-	-	-
Minority Interest	-	-	-	-	-
Other Liabilities, Total	2.98	3.92	1.84	1.57	3.94
Total Liabilities	58.14	56.42	55.06	67.50	72.46
Redeemable Preferred Stock, Total	-	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-	-
Common Stock, Total	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	31.59	31.53	31.39	31.32	31.33
Retained Earnings (Accumulated Deficit)	21.59	19.21	20.04	19.66	16.03
Treasury Stock - Common	-	-	-	-	-
Other Equity, Total	5.47	5.08	4.79	4.41	3.58
Total Equity	58.69	55.85	56.24	55.41	50.97
Total Liabilities & Shareholders' Equity	116.83	112.27	111.30	122.92	123.43
Shares Outs - Common Stock Primary Issue	-	-	-	-	-
Total Common Shares Outstanding	27.46	27.45	27.45	27.44	27.43

In Millions of USD (except for per share items)	As of 2011-12-31	As of 2010-12-31	As of 2009-12-31	As of 2008-12-31
Cash & Equivalents	2.29	7.75	0.22	0.14
Short Term Investments	0.00	0.30	0.00	0.00
Cash and Short Term Investments	2.29	8.05	0.22	0.14
Accounts Receivable - Trade, Net	12.93	17.00	14.88	7.71
Receivables - Other	-	-	-	-
Total Receivables, Net	53.33	42.72	17.50	21.26
Total Inventory	6.67	5.89	5.38	3.21
Prepaid Expenses	1.04	0.29	1.19	0.06
Other Current Assets, Total	6.63	17.40	5.70	12.55
Total Current Assets	69.97	74.34	30.00	37.22
Property/Plant/Equipment, Total - Gross	49.58	37.46	32.66	29.07
Accumulated Depreciation, Total	-18.59	-13.54	-9.52	-6.32
Goodwill, Net	-	-	-	-
Intangibles, Net	10.99	10.83	10.72	9.37
Long Term Investments	0.23	0.27	0.00	-
Other Long Term Assets, Total	0.09	0.26	0.21	0.27
Total Assets	112.27	109.61	64.07	69.60
Accounts Payable	5.90	7.29	5.58	9.99
Accrued Expenses	0.01	0.01	0.09	0.01
Notes Payable/Short Term Debt	42.22	47.47	34.26	39.20
Current Port. of LT Debt/Capital Leases	-	-	-	-
Other Current liabilities, Total	4.37	1.04	2.17	1.97
Total Current Liabilities	52.51	55.82	42.10	51.17
Long Term Debt	0.00	0.00	0.00	-
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	0.00	0.00	0.00	0.00
Total Debt	42.22	47.47	34.26	39.20
Deferred Income Tax	-	-	-	-
Minority Interest	-	-	-	-
Other Liabilities, Total	3.92	9.32	0.00	0.00
Total Liabilities	56.42	65.14	42.10	51.17
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	0.03	0.03	0.02	0.02
Additional Paid-In Capital	31.53	31.09	8.97	7.14
Retained Earnings (Accumulated Deficit)	19.21	10.10	11.05	10.05
Treasury Stock - Common	-	-	-	-
Other Equity, Total	5.08	3.26	1.94	1.23
Total Equity	55.85	44.47	21.97	18.43
Total Liabilities & Shareholders' Equity	112.27	109.61	64.07	69.60
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	27.45	27.40	19.96	19.96

In Millions of USD (except for per share items)	3 months ending 2012-03-31	12 months ending 2011-12-31	9 months ending 2011-09-30	6 months ending 2011-06-30	3 months ending 2011-03-31
Net Income/Starting Line	2.38	9.11	9.94	9.56	5.94
Depreciation/Depletion	1.20	4.70	3.50	2.32	1.01
Amortization	-	-	-	-	-
Deferred Taxes	-0.02	0.21	0.24	0.06	-0.03
Non-Cash Items	-0.91	-5.10	-7.26	-7.60	-5.20
Changes in Working Capital	-6.95	3.72	0.08	-8.50	-11.15
Cash from Operating Activities	-4.30	12.64	6.51	-4.16	-9.44
Capital Expenditures	-0.20	-10.49	-6.26	-0.30	-0.17
Other Investing Cash Flow Items, Total	18.03	-11.85	5.06	4.53	4.76
Cash from Investing Activities	17.84	-22.33	-1.20	4.23	4.59
Financing Cash Flow Items	-15.76	11.25	-8.26	-8.86	-9.43
Total Cash Dividends Paid	-	-	-	-	-
Issuance (Retirement) of Stock, Net	0.04	0.07	0.07	0.06	0.03
Issuance (Retirement) of Debt, Net	4.90	-6.98	-2.86	10.25	13.96
Cash from Financing Activities	-10.82	4.33	-11.05	1.45	4.56
Foreign Exchange Effects	0.00	-0.10	-0.14	0.09	0.04
Net Change in Cash	2.72	-5.46	-5.87	1.62	-0.25
Cash Interest Paid, Supplemental	0.65	2.51	1.78	1.23	0.77
Cash Taxes Paid, Supplemental	0.15	0.53	0.41	0.22	0.13

In Millions of USD (except for per share items)	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31	12 months ending 2008-12-31
Net Income/Starting Line	9.11	-0.95	1.00	4.92
Depreciation/Depletion	4.70	4.71	3.44	1.98
Amortization	-	-	-	-
Deferred Taxes	0.21	-0.06	-0.02	0.01
Non-Cash Items	-5.10	2.17	1.83	0.37
Changes in Working Capital	3.72	-1.43	-14.78	7.87
Cash from Operating Activities	12.64	4.44	-8.53	15.15
Capital Expenditures	-10.49	-3.59	-5.13	-8.91
Other Investing Cash Flow Items, Total	-11.85	-22.23	11.00	-13.11
Cash from Investing Activities	-22.33	-25.82	5.86	-22.02
Financing Cash Flow Items	11.25	-11.22	7.09	-10.56
Total Cash Dividends Paid	-	-	-	-
Issuance (Retirement) of Stock, Net	0.07	1.77	0.00	-
Issuance (Retirement) of Debt, Net	-6.98	38.40	-5.03	16.85
Cash from Financing Activities	4.33	28.96	2.06	6.29
Foreign Exchange Effects	-0.10	-0.04	0.69	-0.42
Net Change in Cash	-5.46	7.54	0.08	-1.01
Cash Interest Paid, Supplemental	2.51	1.51	1.57	2.20
Cash Taxes Paid, Supplemental	0.53	0.48	0.11	0.00