Kandi Technologies Group, Inc. KNDI Cash Flow

Kandi technologies group, inc. (KNDI)

CashFlow / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
NET LOSS
-7,550	12,089	-7,318	-4,409	-4,275	-6,521	1,374	3,727	5,445	1,918	-11,558	-24,153	-8,826	-565	2,793	88	765	2,343	5,425	6,131	1,666	13,533	11,157	-14,086	-14,644	-7,689	-1,044	2,236	2,166	594	905	2,382	-829	384	3,621	5,938
Depreciation and amortization
1,759	2,067	2,117	2,258	2,054	479	916	875	1,221	1,221	1,171	1,162	1,181	1,223	1,234	1,223	1,399	1,433	1,476	1,479	1,413	1,392	1,378	1,386	1,564	1,899	2,135	2,109	1,283	1,224	1,270	1,200	1,195	1,184	1,310	1,006
Impairments
354	-15	91	-31	-	-	-	-	33	98	-7	45	-40	0	0	0	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Allowance for doubtful accounts
122	-0	-0	15	-206	0	-247	240	128	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred taxes
-	-	-	-	-	-	-	-308	148	-180	-639	-4,775	6,260	2,036	-247	-4,397	3,301	-1,700	-153	0	771	-115	879	44	198	340	482	-144	20	96	-0	-24	-29	178	90	-31
Change in fair value of financial instruments
-	-	-	-	-	-	-	-	-	-	-	-	0	-10	-526	-3,286	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of financial instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,049	-4,003	-4,750	283	-10,187	-8,941	12,314	-	-	-	-990	-	-	-	-	-	-	-	-
Acquisition effect
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-97
Loss (income) in investment in associated companies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	-	-18	-14	-13	-22	-12	-16	0
Change of derivative instrument's fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-663	1,018	942	-2,079	-271	2,367	5,385
Loss (income) in investment in associated companies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42	-80	-15	-	-	-	-	-	-	-	-	-	-	-	-
Share of loss after tax of the Affiliate Company
-7,833	-8,433	-4,500	-9,949	-17,809	-3,247	2,372	795	1,900	444	-8,738	-5,161	-7,104	-299	4,918	-4,822	9,941	1,179	251	469	733	2,038	-9	1,728	-2,294	-109	-10	0	-	-	-	-	-	-	-	-
Gain from equity dilution in the Affiliate Company
-28	-49	-24	4,365	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
1,801	-57	-548	-89	-1,591	1,552	-686	-2,680	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in reserve for fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Notes and warrant issuance payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	195	-57	-52	-85
Stock compensation cost
22	22	1,282	31	31	31	1,837	-1,615	-306	1,004	2,016	2,476	982	-1,203	8,246	6,887	9,820	7,004	3,433	2,049	0	0	0	0	-	-	-	-	0	0	0	19	-	-	-	-
Changes in operating assets and liabilities
(Increase) Decrease In:
Accounts receivable
3,301	20,261	-1,431	17,991	4,657	16,722	48,467	-12,343	-3,105	6,100	1,427	1,399	-7,571	2,805	3,089	42,638	-3,046	5,209	1,232	12,844	3,450	-5,234	-3,454	-8,501	13,413	-7,591	-13,514	4,440	6,573	2,095	9,217	2,626	3,471	-127	-6,674	-1,317
Deferred taxes assets
-	-	-	-	-52	-1	-0	53	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amount due from JV Company
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22,259	30,653	19,570	12,965	17,496	12,811	18,868	2,877	0	0	0	-	-	-	-	-	-	-	-
Notes receivable
-71	75	-176	-74	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes receivable from the Affiliate Company and related party
2	5	2	-444	-3,035	-1,135	-7,075	5,015	-3,145	-48	-1,170	-3,704	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
-8,355	7,719	2,434	4,659	6,799	3,464	-4,754	-265	497	1,571	-1,537	2,779	-3,150	7,386	-17,005	7,815	-13,792	5,167	876	11,246	800	-3,064	3,976	4,567	-13,559	5,023	6,921	2,901	-6,781	859	5,355	1,470	-2,004	-2,660	1,368	3,845
Other receivables and other assets
-9,075	11,041	-8,022	14,256	32,871	-569	-175	-752	1,998	-1,253	287	210	31,782	2,443	9,280	144	-105	240	-7	65	-209	-337	77	154	-766	818	-101	88	-559	305	-580	-1,121	685	107	738	34
Due from employee
-17	2	1	21	-0	-23	-1	23	-20	-12	-23	46	-23	-74	-10	67	-2	1	-0	10	408	-415	-7	9	-5	3	-10	2	136	11	35	-220	55	10	-4	-15
Advances to supplier and prepayments and prepaid expenses
-3,022	-648	-272	-436	796	1,964	5,770	-3,144	770	68	-1,998	-21,948	-22,474	18,730	12,512	441	-398	-6,409	-384	527	-52,536	5,733	36,502	7,691	-2,850	-20,452	29,831	-2,717	1,126	3,188	-1,368	1,337	-	-	-	-
Advances to suppliers-long term
-	-	-	-	-	-	-	3,712	1,137	704	-1,582	5,682	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amount due from the Affiliate Company
21,745	-34,677	1,789	2,339	13,893	42,286	29,360	9,902	20,551	11,217	6,311	15,542	24,022	3,908	36,815	47,249	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due from related party
-	-	-	-	-	-	-	-	-6,216	-4,406	-300	300	279	194	5,593	-34,781	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) In:
Prepayments and prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,947
Marketable equity securities (trading)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1
Accounts payable
-943	10,995	-22,206	22,593	35,705	60,365	22,000	19,319	13,681	28,085	15,031	9,986	5,226	14,657	32,371	59,895	119,723	-9,751	22,817	31,915	10,202	1,828	9,494	21,589	13,844	-1,931	-203	1,990	-2,322	2,404	3,176	308	-183	-17	-158	-1,254
Other payables and accrued liabilities
-1,721	-53	2,384	5,459	30,891	4,208	28,140	-2,503	-259	2,046	424	-297	-14,206	4,406	13,884	-7,875	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other payables and accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	414	-278	-1,438	253	96	1,414	930	216	-1,438	560	-85	1,906	33	539	-2,530	-	-	-	-
Notes payable
-906	-1,675	-4,537	-5,624	-18,107	-498	4,180	-16,117	-9,364	-1,202	-876	-1,855	-2,630	-2,025	-3,824	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
33	-106	10	36	-124	-54	-45	120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other payables and accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-347
Customer deposits
-	-	-	-	-	-	-	-	75	-52	5	127	-34	-167	99	54	5	-2,608	105	1	2,480	0	15	92	-642	635	21	-268	159	88	10	-998	949	-14	5	-15
Income tax payable
183	331	-597	-1,537	3,176	-516	-1,017	-819	488	763	758	-789	400	-2,756	2,197	1,165	-2,101	556	636	-130	518	497	282	-815	873	120	82	-425	497	53	-391	365	35	-71	94	-37
Deferred income
-11	33	11	11	0	-17	2,449	-1,670	-695	50	9	5,067	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss contingency-litigation
-	-	-	-	-	-	-	-	-	-2,321	-1,712	4,622	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss contingency-litigation
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by operating activities
-4,461	7,693	-19,081	-14,037	14,424	-671	921	-1,087	-2,515	1,037	11,928	-13,664	-26,981	-18,813	1,266	-4,998	-5,245	11,511	-3,161	-9,476	49,725	-9,213	-34,137	-3,046	-6,242	37,190	-15,982	-278	3,017	-1,285	-8,155	-4,299	6,132	10,666	5,281	-9,438
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment, net
-429	442	212	300	278	182	13	109	340	291	105	23	236	1	7	29	418	116	58	233	1,288	504	189	119	114	-10	45	8	8,599	20	435	16	-	-	-	-
Disposal of land use rights and other intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	13	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of land use rights and other intangible assets
-	-	-	-	-1	-2	8	99	416	0	0	0	-	-	-	-	-	-	-	-	-	-1	1,669	0	-	-	-	-	-	-	-	-	-	-	-	-
Investment in JV Company
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of Jinhua An Kao (net of cash received)
-	-	-	-	55	-7,305	7,394	-3,699	-	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of SC Autosports
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	172
Purchases of construction in progress
-	-	-	-	-6	377	-34	82	-862	535	-458	1,488	1,765	2,879	1,328	28	-1,167	-0	0	39	58,821	16	23	0	-	-	-	-	-2,160	69	1,910	181	3,820	5,925	93	0
Deposit for acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	148	25,335	85	14,103	24,383	0	0	0	-	-	-	-
Asset acquisition, net of deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-62,628	66,452	1,362	4,225	-12,248	230	-85	21,553	2,201	8	23	1,940	1	1,010	0	0	20,241	17	17	2,716
Repayment of notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-100	5,482	2,229	2,724	-55,287	57,552	1,561	2,584	-14,301	3,324	26,020	0	-	-	-	-	6,487	-7	5,090	18,032	3,337	550	-215	7,476
Short term investment
-	-	-	-	-	-	-	-	-34	-44	-91	-4,418	4,680	10	-3,058	1,455	1,679	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
165	16,859	14,528	-300	-264	-62	3,370	-3,991	140	-782	444	2,906	-6,786	2,576	3,951	1,224	8,013	-10,552	140	-1,914	-62,163	2,478	24,223	-21,672	-15,399	-8,177	-20,214	-16,052	-24,336	-1,107	2,856	17,835	-21,130	-5,432	-355	4,587
CASH FLOWS FROM FINANCING ACTIVITIES:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	737	219	1,300	0	-773	6,704	2,428	-12,366	-4	-13,007	-0	1	11,314	20	-3,154	7,954	4,097	6,861	-4,344	-15,758	19,502	601	573	-9,431
Proceeds from short-term bank loans
6,881	10,322	14,725	2,816	6,988	10,750	10,988	3,775	7,409	10,890	10,334	3,629	65,912	0	0	0	20,056	11,522	12,722	6,338	19,689	11,852	15,947	817	23,183	7,328	9,680	12,727	10,480	16,273	8,452	6,297	-	-	-	-
Repayments of short-term bank loans
12,683	10,341	13,103	2,816	6,976	11,518	10,988	3,775	7,728	10,920	11,356	5,661	35,815	0	0	0	-	-	-	-	6,519	23,234	15,947	817	23,664	6,524	9,680	12,727	12,935	17,822	8,452	6,328	-	-	-	-
Proceeds from short-term bank loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,829
Repayments of short-term bank loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,829
Proceeds from notes payable
-	-	-	-	14,034	5,611	9,162	25,539	8,902	7,654	2,043	3,669	12,038	0	0	0	-9,860	-77	9,937	0	4	-12	14,981	-1,960	-	-	-	-	22,174	3,156	6,474	8,686	2,252	3,835	10,048	19,425
Repayment of notes payable
-	-	-	-	15,563	2,675	11,741	28,607	14,619	14,060	0	0	-	-	-	-	-	-	-	-	-	-	-	-	26,066	40,934	22,426	3,181	6,505	8,674	2,131	3,752	10,236	19,798	13,761	5,463
Fund raising through issuing common stock and warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,067	11,067	-	-	-	-	-	-	-	-	-	-	-	-
Option exercise, stock awards & other financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,001	2,023	1,339	3,066	9,573	47	0	38	1,141	49	26	40	0	5	33	26
Proceeds from notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,663	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant exercise
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	434	0	0	0	0	-1,346	0	1,963	20,484	-676	0	603	3,244	1,453	219	0	0	-	-	-	-
Common stock issued for acquisition, net of cost of capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	67,087	11,067	0	-26,387	26,387	0	0	-	-	-	-	-	-	-	-
Net cash used in financing activities
-	-	-	-	-1,665	2,172	-2,736	-3,068	-6,036	-6,437	1,021	1,637	42,873	219	1,300	434	1,639	20	-3,256	635	-10,048	44,726	1,683	32,658	21,301	-26,245	43,206	8,055	32,608	63	3,766	-10,816	15,378	-12,497	-3,105	4,556
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH
-10,241	22,043	-3,078	-14,338	12,493	1,438	1,556	-8,146	-8,411	-6,182	13,394	-9,120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,338	-	980	-6,278	-10,755	-22,486	37,991	-8,231	7,939	-340	2,767	7,009	-8,275	11,290	-2,328	-1,532	2,719	381	-7,262	1,820	-294
Effect of exchange rate changes on cash
702	-1,175	-200	446	-587	-482	-598	568	225	362	454	194	-559	172	-431	48	640	1,247	106	11	-634	221	-979	-203	654	-401	-915	128	-701	-104	493	3	31	-228	48	43
SUPPLEMENTARY CASH FLOW INFORMATION
Income taxes paid
283	511	605	594	75	165	348	1,466	376	70	215	786	276	1,271	455	595	702	483	170	1,139	626	159	111	1,034	218	136	71	516	310	1	532	154	121	188	92	127
Interest paid
434	435	429	439	434	426	433	414	460	421	355	386	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	406	432	445	-	525	614	577	1,727	577	590	580	606	994	1,411	553	508	745	668	648	732	543	459	773
SUPPLEMENTAL NON-CASH DISCLOSURES:
Settlement of other receivables with notes receivable from unrelated parties
-	-	-	2,001	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assignment of notes receivable from unrelated parties to supplier to settle accounts payable
-	-	2,931	5,751	-	-	12,563	7	4,718	73	1,076	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assignment of notes receivable from the JV Company and related parties to supplier to settle accounts payable
-	-	-9,654	15,277	-	-	16,179	18,996	11,637	14,826	266	18,082	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assignment of notes receivable from the JV Company and related parties to supplier to settle other payable
-	-	1,263	6,166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assignment of notes receivable to supplier to settle accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	12,451	8,190	40,855	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of accounts payable with notes payables
-	-	18,014	2,488	-	-	18,694	786	16,384	-3,690	16,806	2,032	2,959	390	2,732	2,063	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Replacement of notes payables with accounts payable
-	-	-830	3,631	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction in progress transferred to Property, Plant and equipment
-	-	-	-	-	-	-	-	-	-8,712	688	8,023	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long term and short term Advances to suppliers transferred to Construction in progress
-	-	-	-	-	-	24,445	3,712	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of construction in progress by accounts payable
-	-	-	-	-	-	-	-	-	-	4,994	980	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable transferred to construction in progress
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of due from the JV Company and related parties with notes receivable from related parties
-	-	469	10,586	-	-	15,973	20,337	14,367	16,378	106	22,713	-3,084	11,924	3,515	31,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes receivable from unrelated parties for equity transfer payment
-283	34,278	5,109	3,750	-	-	39,924	7	4,718	73	1,076	0	-146	2,484	2,300	10,413	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction in progress transferred back to prepayments
-	-	-	-	-	-	-	-	-	-	-	-	35,035	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax changed to other comprehensive income
-	-	-	-	-	-	-	42	26	27	24	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transferred from construction in progress to plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0