Kandi Technologies Group (LTS:0QZ7) Marketable Securities : $33.9 Mil (As of Dec. 2023)

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What is Kandi Technologies Group Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Kandi Technologies Group's Marketable Securities for the quarter that ended in Dec. 2023 was $33.9 Mil.

Kandi Technologies Group's annual Marketable Securities increased from Dec. 2021 ($55.0 Mil) to Dec. 2022 ($81.2 Mil) but then declined from Dec. 2022 ($81.2 Mil) to Dec. 2023 ($33.9 Mil).

Kandi Technologies Group Marketable Securities Historical Data

The historical data trend for Kandi Technologies Group's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kandi Technologies Group Marketable Securities Chart

Kandi Technologies Group Annual Data

Trend

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Dec23

Marketable Securities

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55.04

81.19

33.95

Kandi Technologies Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Marketable Securities	Get a 7-Day Free Trial															81.19	100.49	108.90	109.68	33.95

Kandi Technologies Group Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Kandi Technologies Group (LTS:0QZ7) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Kandi Technologies Group Marketable Securities Related Terms

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Kandi Technologies Group (LTS:0QZ7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kandi Technologies Group Inc (LTS:0QZ7) » Definitions » Marketable Securities

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Traded in Other Exchanges

KNDI:USA K8A:Germany

Address

Jinhua New Energy Vehicle Town, Zhejiang Province, Jinhua, CHN, 321016

Website

http://www.kandivehicle.com

Kandi Technologies Group Inc is engaged in the development, production, and distribution of electric vehicle (EV) products, EV parts, and off-road vehicle products, primarily in the Chinese market. Other product offerings include all-terrain vehicles, go-karts, utility vehicles, battery packs, motor vehicles, controllers, and air conditioning systems. It generates revenue through EV parts and off-road vehicles. The company generates the majority of its revenue from China, and it also exports Overseas.

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