Kandi Financial Statements From 2010 to 2025

KNDI Stock  USD 1.56  0.07  4.29%   
Kandi Technologies financial statements provide useful quarterly and yearly information to potential Kandi Technologies Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Kandi Technologies financial statements helps investors assess Kandi Technologies' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Kandi Technologies' valuation are summarized below:
Gross Profit
19.5 M
Profit Margin
(0.01)
Market Capitalization
94.7 M
Enterprise Value Revenue
1.0863
Revenue
124.6 M
We have found one hundred twenty available fundamental ratios for Kandi Technologies, which can be analyzed and compared to other ratios and to its peers in the industry. Traders should compare all of Kandi Technologies last-minute fundamentals against the fundamentals between 2010 and 2025 to make sure the company is sustainable this year. The Kandi Technologies' current Enterprise Value is estimated to increase to about 214.9 M, while Market Cap is projected to decrease to under 198.4 M.

Kandi Technologies Total Revenue

104.35 Million

Check Kandi Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kandi Technologies' main balance sheet or income statement drivers, such as Interest Expense of 2.1 M, Other Operating Expenses of 88.2 M or EBIT of 4.5 M, as well as many indicators such as Price To Sales Ratio of 1.97, Dividend Yield of 0.0 or PTB Ratio of 0.47. Kandi financial statements analysis is a perfect complement when working with Kandi Technologies Valuation or Volatility modules.
  
Check out the analysis of Kandi Technologies Correlation against competitors.

Kandi Technologies Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Other Current Liabilities9.2 M14.6 M12 M
Slightly volatile
Total Current Liabilities83.7 M88.2 M98.7 M
Pretty Stable
Common Stock Total Equity66.4 K69.9 KM
Slightly volatile
Common Stock Shares Outstanding96.5 M91.9 M55 M
Slightly volatile
Total Liabilities95.6 M102.3 M113.9 M
Pretty Stable
Common Stock105.7 K100.7 K58.5 K
Slightly volatile
Total Assets598.3 M569.8 M375.7 M
Slightly volatile
Cash27.9 M38.8 M35.3 M
Slightly volatile
Cash And Short Term Investments81.8 M77.9 M52.1 M
Slightly volatile
Liabilities And Stockholders Equity598.3 M569.8 M375.7 M
Slightly volatile
Other Current Assets91 M86.7 M28.4 M
Slightly volatile
Other Stockholder Equity552.2 M525.9 M274.5 M
Slightly volatile
Total Current Assets414.8 M395.1 M224.1 M
Slightly volatile
Short and Long Term Debt Total49 M47.8 M46.4 M
Very volatile
Net Receivables87.5 M172.4 M99.8 M
Slightly volatile
Non Current Liabilities Total14.3 M11 M15.6 M
Very volatile
Property Plant And Equipment Net66.1 M120.4 M71.1 M
Slightly volatile
Current Deferred Revenue2.3 M2.4 M5.6 M
Slightly volatile
Accounts Payable47.2 M33.1 M49.4 M
Pretty Stable
Non Current Assets Total141.2 M174.7 M149.8 M
Slightly volatile
Other Assets1.9 MM12.8 M
Pretty Stable
Inventory74.3 M70.8 M27.3 M
Slightly volatile
Property Plant And Equipment Gross190.2 M181.2 M85.5 M
Slightly volatile
Short Term Debt30.8 M29.8 M37.1 M
Slightly volatile
Intangible Assets13.8 M14.8 M13.2 M
Slightly volatile
Property Plant Equipment61.3 M111.7 M68.3 M
Slightly volatile
Other Liabilities5.8 MM7.2 M
Slightly volatile
Net Tangible Assets243.4 M405.8 M222.2 M
Slightly volatile
Capital Surpluse282.7 M519.1 M261.8 M
Slightly volatile
Deferred Long Term Asset ChargesK9.4 K1.1 M
Pretty Stable
Long Term Debt Total1.9 MM14.2 M
Slightly volatile
Short and Long Term Debt30.3 M29.8 M41.8 M
Slightly volatile
Net Invested Capital411.9 M512.5 M359.3 M
Slightly volatile
Net Working Capital178.6 M306.9 M124.9 M
Slightly volatile
Capital Stock77.4 K100.7 K63.3 K
Slightly volatile

Kandi Technologies Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses88.2 M157.1 M112.1 M
Slightly volatile
Total Operating Expenses65.7 M62.6 M30 M
Slightly volatile
Selling General Administrative42.7 M40.7 M19 M
Slightly volatile
Selling And Marketing Expenses16.1 M15.3 M4.7 M
Slightly volatile
Total Revenue104.4 M142.1 M108.9 M
Slightly volatile
Gross Profit50 M47.6 M23.1 M
Slightly volatile
Research Development9.5 M4.9 M9.8 M
Pretty Stable
Cost Of Revenue85 M94.6 M87.7 M
Pretty Stable
Interest Income4.4 M6.9 M10.4 M
Slightly volatile
Reconciled Depreciation9.4 M13.6 M7.3 M
Slightly volatile
Extraordinary Items240 K270 K294.4 K
Slightly volatile
Non Recurring2.7 MM3.3 M
Slightly volatile

Kandi Technologies Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow113.1 M107.7 M56.4 M
Slightly volatile
Begin Period Cash Flow182.4 M173.7 M60.2 M
Slightly volatile
Depreciation14.4 M13.7 M7.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.971.612.4679
Pretty Stable
Days Sales Outstanding244398324
Very volatile
Average Payables35.5 M31.9 M57.6 M
Very volatile
Stock Based Compensation To Revenue0.05270.10.0455
Pretty Stable
Capex To Depreciation2.161.281.9308
Slightly volatile
EV To Sales3.042.122.6994
Slightly volatile
Inventory Turnover1.461.545.0422
Slightly volatile
Days Of Inventory On Hand258246112
Slightly volatile
Payables Turnover3.43.292.9438
Slightly volatile
Sales General And Administrative To Revenue0.270.260.1585
Slightly volatile
Average Inventory34.8 M33.1 M21.6 M
Slightly volatile
Research And Ddevelopement To Revenue0.02950.03110.0934
Pretty Stable
Capex To Revenue0.140.120.1318
Slightly volatile
Cash Per Share0.470.770.7496
Slightly volatile
Days Payables Outstanding141115186
Pretty Stable
Intangibles To Total Assets0.09210.110.0821
Pretty Stable
Current Ratio4.234.032.3587
Slightly volatile
Receivables Turnover1.640.951.3723
Very volatile
Graham Number0.08740.0923.7622
Slightly volatile
Debt To Equity0.110.120.3386
Slightly volatile
Capex Per Share0.290.190.2795
Slightly volatile
Average Receivables81.9 M70.5 M87.8 M
Pretty Stable
Revenue Per Share2.451.82.2842
Slightly volatile
Interest Debt Per Share0.590.631.1933
Slightly volatile
Debt To Assets0.09160.09640.1768
Slightly volatile
Operating Cycle677644447
Slightly volatile
Days Of Payables Outstanding141115186
Pretty Stable
Long Term Debt To Capitalization0.02220.02340.0805
Slightly volatile
Total Debt To Capitalization0.10.110.2185
Slightly volatile
Debt Equity Ratio0.110.120.3386
Slightly volatile
Quick Ratio3.483.312.0683
Slightly volatile
Cash Ratio0.310.40.4345
Slightly volatile
Days Of Inventory Outstanding258246112
Slightly volatile
Days Of Sales Outstanding244398324
Very volatile
Fixed Asset Turnover1.981.361.7463
Slightly volatile
Debt Ratio0.09160.09640.1768
Slightly volatile
Price Sales Ratio1.971.612.4679
Pretty Stable
Asset Turnover0.420.290.3366
Slightly volatile
Gross Profit Margin0.220.380.2022
Slightly volatile

Kandi Technologies Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap198.4 M198.5 M248.7 M
Pretty Stable
Enterprise Value214.9 M205.5 M262.2 M
Slightly volatile

Kandi Fundamental Market Drivers

Cash And Short Term Investments67.7 M

Kandi Upcoming Events

20th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Kandi Technologies Financial Statements

Investors use fundamental indicators, such as Kandi Technologies' revenue or net income, to determine how well the company is positioned to perform in the future. Although Kandi Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue2.4 M2.3 M
Total Revenue142.1 M104.4 M
Cost Of Revenue94.6 M85 M
Stock Based Compensation To Revenue 0.10  0.05 
Sales General And Administrative To Revenue 0.26  0.27 
Research And Ddevelopement To Revenue 0.03  0.03 
Capex To Revenue 0.12  0.14 
Revenue Per Share 1.80  2.45 
Ebit Per Revenue(0.11)(0.12)

Currently Active Assets on Macroaxis

When determining whether Kandi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kandi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kandi Technologies Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kandi Technologies Group Stock:
Check out the analysis of Kandi Technologies Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kandi Technologies. If investors know Kandi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kandi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Earnings Share
(0.08)
Revenue Per Share
1.466
Quarterly Revenue Growth
0.089
Return On Assets
(0.02)
The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.