Kandi Technologies Group Stock Fundamentals
| KNDI Stock | USD 1.43 0.03 2.14% |
Kandi Technologies Group fundamentals help investors to digest information that contributes to Kandi Technologies' financial success or failures. It also enables traders to predict the movement of Kandi Stock. The fundamental analysis module provides a way to measure Kandi Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kandi Technologies stock.
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Kandi Technologies Group Company Return On Asset Analysis
Kandi Technologies' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Kandi Technologies Return On Asset | -0.0194 |
Most of Kandi Technologies' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kandi Technologies Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Kandi Technologies Group has a Return On Asset of -0.0194. This is 101.78% lower than that of the Automobile Components sector and 102.49% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 86.14% lower than that of the firm.
Kandi Technologies Fundamental Drivers 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 . 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 Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kandi Technologies' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kandi Technologies could also be used in its relative valuation, which is a method of valuing Kandi Technologies by comparing valuation metrics of similar companies.Kandi Technologies is currently under evaluation in return on asset category among its peers.
Kandi Fundamentals
| Return On Equity | -0.0024 | ||||
| Return On Asset | -0.0194 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 110.25 M | ||||
| Shares Outstanding | 86.07 M | ||||
| Shares Owned By Insiders | 16.86 % | ||||
| Shares Owned By Institutions | 2.35 % | ||||
| Number Of Shares Shorted | 1.49 M | ||||
| Price To Earning | 11.10 X | ||||
| Price To Book | 0.30 X | ||||
| Price To Sales | 1.02 X | ||||
| Revenue | 123.6 M | ||||
| Gross Profit | 19.52 M | ||||
| EBITDA | 16.71 M | ||||
| Net Income | 7.13 K | ||||
| Cash And Equivalents | 160.27 M | ||||
| Cash Per Share | 2.12 X | ||||
| Total Debt | 41.53 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 4.95 X | ||||
| Book Value Per Share | 4.63 X | ||||
| Cash Flow From Operations | (101.16 M) | ||||
| Short Ratio | 6.01 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 5.0 | ||||
| Number Of Employees | 840 | ||||
| Beta | 1.4 | ||||
| Market Capitalization | 94.68 M | ||||
| Total Asset | 495.46 M | ||||
| Retained Earnings | (16.33 M) | ||||
| Working Capital | 266.87 M | ||||
| Current Asset | 190.87 M | ||||
| Current Liabilities | 130.95 M | ||||
| Net Asset | 495.46 M |
About Kandi Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kandi Technologies Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kandi Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kandi Technologies Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
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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 Kandi Technologies Piotroski F Score and Kandi Technologies Altman Z Score analysis. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.
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.