Kandi Technologies Group Stock Probability Of Bankruptcy

KNDI Stock

USD 1.44 0.02 1.37%

Kandi Technologies' odds of distress is under 27% at the present time. It has slight probability of undergoing some form of financial hardship in the near future. Probability of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Kandi balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Kandi Technologies Piotroski F Score and Kandi Technologies Altman Z Score analysis.

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 Group Company probability of distress Analysis

Kandi Technologies' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Kandi Technologies Probability Of Bankruptcy

Less than 27%

Most of Kandi Technologies' fundamental indicators, such as Probability Of Bankruptcy, 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.

Our calculation of Kandi Technologies probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Kandi Technologies odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Kandi Technologies Group financial health.

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.

Kandi Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Kandi Technologies is extremely important. It helps to project a fair market value of Kandi Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Kandi Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kandi Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kandi Technologies' interrelated accounts and indicators.

	Total Stockholder Equity	Retained Earnings	Total Liab	Common Stock	Total Assets	Net Debt	Total Current Assets	Net Receivables	Current Deferred Revenue	Accounts Payable	Short Term Investments	Short Term Debt	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Good Will	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Stockholder Equity		-0.6	0.08	0.97	0.94	-0.54	0.97	0.39	0.42	0.13	0.25	-0.61	0.31	0.83	0.93	0.0	0.85	0.92	-0.48	-0.4	-0.52	-0.86	0.82	0.83	0.84
Retained Earnings	-0.6		0.08	-0.66	-0.53	0.46	-0.55	-0.09	-0.5	0.04	-0.29	0.5	-0.02	-0.49	-0.56	-0.08	-0.81	-0.66	0.28	0.44	0.6	0.55	-0.54	-0.6	-0.63
Total Liab	0.08	0.08		-0.01	0.4	0.5	0.17	0.72	-0.06	0.93	0.17	0.49	0.53	0.16	0.08	0.84	-0.08	0.09	-0.25	0.73	0.66	0.11	-0.33	-0.36	-0.29
Common Stock	0.97	-0.66	-0.01		0.89	-0.45	0.95	0.34	0.31	0.02	0.23	-0.55	0.26	0.74	0.85	0.0	0.88	0.87	-0.39	-0.49	-0.62	-0.76	0.86	0.84	0.9
Total Assets	0.94	-0.53	0.4	0.89		-0.32	0.95	0.59	0.36	0.43	0.29	-0.39	0.46	0.81	0.88	0.28	0.75	0.87	-0.52	-0.13	-0.26	-0.74	0.64	0.64	0.68
Net Debt	-0.54	0.46	0.5	-0.45	-0.32		-0.41	0.32	-0.76	0.39	-0.07	0.96	0.18	-0.47	-0.62	0.58	-0.52	-0.58	0.15	0.55	0.64	0.85	-0.61	-0.7	-0.55
Total Current Assets	0.97	-0.55	0.17	0.95	0.95	-0.41		0.49	0.36	0.2	0.15	-0.48	0.31	0.75	0.9	0.14	0.79	0.89	-0.45	-0.39	-0.49	-0.76	0.8	0.8	0.82
Net Receivables	0.39	-0.09	0.72	0.34	0.59	0.32	0.49		-0.01	0.7	-0.1	0.24	0.35	0.39	0.43	0.54	0.14	0.42	-0.52	0.25	0.31	-0.1	0.13	0.1	0.2
Current Deferred Revenue	0.42	-0.5	-0.06	0.31	0.36	-0.76	0.36	-0.01		-0.04	-0.09	-0.71	-0.05	0.32	0.51	-0.18	0.38	0.5	-0.14	-0.21	-0.37	-0.72	0.29	0.42	0.3
Accounts Payable	0.13	0.04	0.93	0.02	0.43	0.39	0.2	0.7	-0.04		0.22	0.36	0.33	0.18	0.13	0.77	-0.03	0.12	-0.48	0.64	0.68	0.02	-0.32	-0.34	-0.28
Short Term Investments	0.25	-0.29	0.17	0.23	0.29	-0.07	0.15	-0.1	-0.09	0.22		-0.09	0.36	0.52	0.24	0.16	0.45	0.31	-0.29	0.17	0.06	-0.25	0.09	0.07	0.12
Short Term Debt	-0.61	0.5	0.49	-0.55	-0.39	0.96	-0.48	0.24	-0.71	0.36	-0.09		0.2	-0.48	-0.65	0.56	-0.61	-0.61	0.27	0.62	0.66	0.87	-0.67	-0.73	-0.64
Intangible Assets	0.31	-0.02	0.53	0.26	0.46	0.18	0.31	0.35	-0.05	0.33	0.36	0.2		0.49	0.24	0.29	0.28	0.27	0.04	0.38	0.12	-0.16	0.02	0.03	0.06
Property Plant Equipment	0.83	-0.49	0.16	0.74	0.81	-0.47	0.75	0.39	0.32	0.18	0.52	-0.48	0.49		0.89	-0.07	0.73	0.9	-0.53	-0.17	-0.28	-0.77	0.67	0.69	0.69
Net Tangible Assets	0.93	-0.56	0.08	0.85	0.88	-0.62	0.9	0.43	0.51	0.13	0.24	-0.65	0.24	0.89		-0.06	0.75	0.98	-0.51	-0.36	-0.46	-0.88	0.83	0.86	0.83
Long Term Debt	0.0	-0.08	0.84	0.0	0.28	0.58	0.14	0.54	-0.18	0.77	0.16	0.56	0.29	-0.07	-0.06		0.0	0.0	-0.05	0.53	0.44	0.28	-0.26	-0.31	-0.21
Good Will	0.85	-0.81	-0.08	0.88	0.75	-0.52	0.79	0.14	0.38	-0.03	0.45	-0.61	0.28	0.73	0.75	0.0		0.83	-0.34	-0.5	-0.68	-0.75	0.74	0.77	0.81
Capital Surpluse	0.92	-0.66	0.09	0.87	0.87	-0.58	0.89	0.42	0.5	0.12	0.31	-0.61	0.27	0.9	0.98	0.0	0.83		-0.48	-0.38	-0.51	-0.85	0.83	0.86	0.85
Deferred Long Term Liab	-0.48	0.28	-0.25	-0.39	-0.52	0.15	-0.45	-0.52	-0.14	-0.48	-0.29	0.27	0.04	-0.53	-0.51	-0.05	-0.34	-0.48		0.18	-0.15	0.39	-0.22	-0.24	-0.26
Long Term Investments	-0.4	0.44	0.73	-0.49	-0.13	0.55	-0.39	0.25	-0.21	0.64	0.17	0.62	0.38	-0.17	-0.36	0.53	-0.5	-0.38	0.18		0.85	0.38	-0.69	-0.73	-0.68
Long Term Debt Total	-0.52	0.6	0.66	-0.62	-0.26	0.64	-0.49	0.31	-0.37	0.68	0.06	0.66	0.12	-0.28	-0.46	0.44	-0.68	-0.51	-0.15	0.85		0.53	-0.77	-0.82	-0.78
Short Long Term Debt	-0.86	0.55	0.11	-0.76	-0.74	0.85	-0.76	-0.1	-0.72	0.02	-0.25	0.87	-0.16	-0.77	-0.88	0.28	-0.75	-0.85	0.39	0.38	0.53		-0.72	-0.77	-0.71
Net Invested Capital	0.82	-0.54	-0.33	0.86	0.64	-0.61	0.8	0.13	0.29	-0.32	0.09	-0.67	0.02	0.67	0.83	-0.26	0.74	0.83	-0.22	-0.69	-0.77	-0.72		0.97	0.98
Net Working Capital	0.83	-0.6	-0.36	0.84	0.64	-0.7	0.8	0.1	0.42	-0.34	0.07	-0.73	0.03	0.69	0.86	-0.31	0.77	0.86	-0.24	-0.73	-0.82	-0.77	0.97		0.96
Capital Stock	0.84	-0.63	-0.29	0.9	0.68	-0.55	0.82	0.2	0.3	-0.28	0.12	-0.64	0.06	0.69	0.83	-0.21	0.81	0.85	-0.26	-0.68	-0.78	-0.71	0.98	0.96

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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict Kandi Technologies

Based on the latest financial disclosure, Kandi Technologies Group has a Probability Of Bankruptcy of 27.0%. This is 34.77% lower than that of the Automobile Components sector and 20.21% lower than that of the Consumer Discretionary industry. The probability of bankruptcy for all United States stocks is 32.21% higher than that of the company.

Kandi Probability Of Bankruptcy 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 Probability Of Bankruptcy 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 probability of bankruptcy category among its peers.

Kandi Technologies Main Bankruptcy Drivers

	2020	2021	2022	2023	2024	2025 (projected)
Return On Assets	(0.0194)	(0.021)	0.044	(0.0266)	1.4E-5	1.3E-5
Asset Turnover	0.37	0.16	0.18	0.24	0.25	0.42
Net Debt	(142.0M)	(117.9M)	(59.4M)	7.8M	7.0M	11.4M
Total Current Liabilities	83.8M	64.2M	81.5M	76.7M	88.2M	83.7M
Non Current Liabilities Total	7.7M	12.8M	3.8M	12.3M	11.0M	14.3M
Total Assets	495.2M	520.2M	483.0M	495.5M	569.8M	598.3M
Total Current Assets	307.1M	342.6M	329.3M	343.5M	395.1M	414.8M
Total Cash From Operating Activities	(50.9M)	241.7K	31.5M	(101.2M)	(91.0M)	(86.5M)

Kandi Fundamentals

	Return On Equity	-0.0024
	Return On Asset	-0.0194
	Profit Margin	(0.01) %
	Operating Margin	(0.03) %
	Current Valuation	115.41 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	0.31 X
	Price To Sales	1.06 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.

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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:

How To Invest In Kandi

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Is Kandi Stock a good investment?

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What is Kandi Technologies' Net Worth?

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Check out Kandi Technologies Piotroski F Score and Kandi Technologies Altman Z Score analysis.

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Quarterly Earnings Growth

(0.60)

Earnings Share

(0.08)

Revenue Per Share

1.466

Quarterly Revenue Growth

0.089

Return On Assets

(0.02)

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Kandi Technologies Group Stock Probability Of Bankruptcy

Kandi Technologies Group Company probability of distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Kandi Technologies Probability Of Bankruptcy

Kandi Probability Of Bankruptcy Driver Correlations

Kandi Probability Of Bankruptcy Peer Comparison

Kandi Technologies Main Bankruptcy Drivers

Kandi Fundamentals

About Kandi Technologies Fundamental Analysis

Currently Active Assets on Macroaxis

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