Kandi Technologies Financials

KNDI Stock  USD 1.23  0.03  2.38%   
Based on the key indicators related to Kandi Technologies' liquidity, profitability, solvency, and operating efficiency, Kandi Technologies Group is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. As of now, Kandi Technologies' Net Debt is decreasing as compared to previous years. The Kandi Technologies' current Other Current Assets is estimated to increase to about 79.2 M, while Other Current Liabilities is projected to decrease to under 9.2 M. Key indicators impacting Kandi Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.09760.1028
Notably Down
Slightly volatile
Current Ratio4.74.4807
Sufficiently Up
Slightly volatile
The financial analysis of Kandi Technologies is a critical element in measuring its lifeblood. Investors should not minimize Kandi Technologies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

7,488.6

  
Understanding current and past Kandi Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kandi Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Kandi Technologies' assets may result in an increase in income on the income statement.

Kandi Technologies Stock Summary

Kandi Technologies competes with Hyliion Holdings, Foresight Autonomous, Aeva Technologies, Aeye, and Innoviz Technologies. Kandi Technologies Group, Inc. designs, develops, manufactures, and commercializes electric vehicle products and parts, and off-road vehicles in the Peoples Republic of China and internationally. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the Peoples Republic of China. Kandi Techs operates under Auto Parts And Components classification in the United States and is traded on NASDAQ Exchange. It employs 837 people.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4837091010
CUSIP483709101 G5214E103
LocationChina
Business AddressJinhua New Energy
SectorAutomobile Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websiteir.kandigroup.com
Phone86 57 9822 39856
CurrencyUSD - US Dollar

Kandi Technologies Key Financial Ratios

Kandi Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab1.4M48.1M7.0M20.2M12.7M9.2M
Retained Earnings(16.7M)(27.1M)(4.2M)(16.3M)(16.3M)(15.5M)
Total Liab153.4M91.5M77.0M85.3M88.9M95.6M
Common Stock52.8K75.4K77.4K77.7K87.5K47.2K
Total Assets371.2M495.2M520.2M483.0M495.5M282.8M
Net Debt59.4M(142.0M)(117.9M)(59.4M)7.8M11.4M
Cash5.5M142.1M129.2M84.1M33.8M27.9M
Other Current Assets5.7M50.9M63.1M73.1M75.4M79.2M
Total Current Assets195.6M307.1M342.6M329.3M343.5M360.7M
Net Receivables135.0M94.5M62.1M50.5M149.9M87.5M
Accounts Payable72.1M34.3M36.7M35.3M28.7M47.2M
Other Assets6.7M89.8M2.6M1.8M2.0M1.9M
Inventory27.7M19.7M33.2M40.5M61.6M64.6M
Short Term Debt50.5M92.4K9.1M24.7M33.1M30.8M
Intangible Assets19.1M10.8M16.5M10.9M12.9M13.8M
Other Liab7.1M7.7M10.6M3.3M3.0M5.8M
Net Tangible Assets174.7M367.6M390.7M352.9M405.8M243.4M
Long Term Debt29.4M14.9M2.2M8.4M9.6M14.0M
Good Will28.3M29.7M36.0M33.2M33.1M34.8M
Capital Surpluse259.7M439.5M449.5M451.4M519.1M282.7M

Kandi Technologies Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense4.8M3.8M407.6K707.5K1.3M2.1M
Operating Income1.7M(12.3M)(45.8M)(22.7M)(13.1M)(12.4M)
Ebit1.7M(12.9M)(45.8M)(12.6M)4.8M5.0M
Ebitda(14.2M)(5.3M)(29.4M)(379.3K)16.7M17.5M
Income Before Tax(7.9M)(15.4M)29.2M(13.3M)3.5M3.6M
Net Income(7.2M)(10.4M)22.9M(12.9M)7.1K7.5K
Income Tax Expense(692.3K)(5.0M)6.3M(487.5K)1.8M1.0M
Total Revenue135.7M76.9M91.5M117.8M123.6M104.4M
Gross Profit25.4M13.5M16.2M19.5M41.4M43.4M
Research Development6.2M7.2M39.0M6.0M4.3M4.1M
Cost Of Revenue110.3M63.4M75.2M98.3M82.2M85.0M
Tax Provision(692.3K)(5.0M)6.3M(487.5K)(318.6K)(302.7K)
Interest Income791.9K2.2M4.2M6.4M7.7M4.4M
Net Interest Income(4.0M)(1.6M)3.8M5.7M6.7M7.0M

Kandi Technologies Key Cash Accounts

201920202021202220232024 (projected)
Capital Expenditures598.2K18.2M19.1M3.8M13.2M9.0M
Net Income(7.2M)(10.4M)22.9M(12.9M)1.7M1.8M
End Period Cash Flow16.5M142.5M168.7M151.0M93.6M98.3M
Change In Cash(5.8M)126.0M26.2M(17.6M)(57.4M)(54.5M)
Free Cash Flow(30.5M)(69.1M)(18.9M)27.7M(114.4M)(108.7M)
Other Non Cash Items7.7M3.5M(65.6M)(1.4M)434.3K456.0K
Change To Inventory(6.5M)9.2M(7.5M)(9.1M)(21.5M)(20.5M)
Depreciation8.2M8.2M10.0M12.4M11.9M6.8M
Change To Netincome1.9M(956.4K)(44.8M)65.7K59.1K62.1K
Investments31.3M51.2M(7.2M)(35.0M)(53.1M)(50.5M)
Change Receivables(38.8M)20.9M(3.3M)(21.2M)(19.1M)(20.0M)
Net Borrowings(4.2M)(54.6M)3.2M2.4M2.2M2.3M

Kandi Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Kandi Technologies's current stock value. Our valuation model uses many indicators to compare Kandi Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kandi Technologies competition to find correlations between indicators driving Kandi Technologies's intrinsic value. More Info.
Kandi Technologies Group is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, Kandi Technologies' Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kandi Technologies' earnings, one of the primary drivers of an investment's value.

Kandi Technologies Systematic Risk

Kandi Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kandi Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Kandi Technologies correlated with the market. If Beta is less than 0 Kandi Technologies generally moves in the opposite direction as compared to the market. If Kandi Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kandi Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kandi Technologies is generally in the same direction as the market. If Beta > 1 Kandi Technologies moves generally in the same direction as, but more than the movement of the benchmark.

Kandi Technologies Thematic Clasifications

Kandi Technologies Group is part of several thematic ideas from Wireless to Disruptive Technologies. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Kandi Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kandi Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Kandi Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(293.65)

As of now, Kandi Technologies' Price Earnings To Growth Ratio is decreasing as compared to previous years.

Kandi Technologies November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Kandi Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kandi Technologies Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kandi Technologies Group based on widely used predictive technical indicators. In general, we focus on analyzing Kandi Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kandi Technologies's daily price indicators and compare them against related drivers.

Complementary Tools for Kandi Stock analysis

When running Kandi Technologies' price analysis, check to measure Kandi Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kandi Technologies is operating at the current time. Most of Kandi Technologies' value examination focuses on studying past and present price action to predict the probability of Kandi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kandi Technologies' price. Additionally, you may evaluate how the addition of Kandi Technologies to your portfolios can decrease your overall portfolio volatility.
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