KNDI Chart
About

Kandi Technologies Group, Inc., together with its subsidiaries, produces and sells electric off-road vehicles and associated parts in the People's Republic of China, the United States, and internationally. The company offers all-terrain vehicles, utility vehicles, go-karts, golf carts, electric scooters, and electric self-balancing scooters for leisure and entertainment, agricultural operations, and site transportation applications. It also provides electric vehicles (EV) products and parts; lithium-ion cells; and battery packs and smart battery swap systems. The company was formerly known as Kandi Technologies, Corp and changed its name to Kandi Technologies Group, Inc. in December 2012. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Recreational Vehicles Market Cap 85.99M
Enterprise Value -61.19M Income -51.09M Sales 104.04M
Book/sh 4.17 Cash/sh 2.19 Dividend Yield —
Payout 0.00% Employees 739 IPO —
P/E — Forward P/E 6.67 PEG —
P/S 0.83 P/B 0.24 P/C —
EV/EBITDA 2.02 EV/Sales -0.59 Quick Ratio 2.35
Current Ratio 3.75 Debt/Eq 10.63 LT Debt/Eq —
EPS (ttm) -0.60 EPS next Y 0.15 EPS Growth -48.40%
Revenue Growth -53.70% Earnings 2026-04-06 ROA -5.63%
ROE -13.72% ROIC — Gross Margin 35.27%
Oper. Margin -5.32% Profit Margin -49.10% Shs Outstand 82.04M
Shs Float 70.23M Short Float 2.51% Short Ratio 7.65
Short Interest — 52W High 1.81 52W Low 0.78
Beta 0.54 Avg Volume 184.63K Volume 80.73K
Target Price — Recom None Prev Close $1.01
Price $1.00 Change -0.99%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.01
Latest analyst target
3. DCF / Fair value
—
Simplified FCF or EPS-based estimate
Ratings
Current target
$1.01
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2021-12-02 init Noble Capital Markets — → Outperform $5
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-1.96M90.86K31.27K15.00M
TaxRateForCalcs0.090.250.040.22
NormalizedEBITDA-20.42M16.35M-1.06M-29.37M
TotalUnusualItems-21.44M363.43K856.81K69.02M
TotalUnusualItemsExcludingGoodwill-21.44M363.43K856.81K69.02M
NetIncomeFromContinuingOperationNetMinorityInterest-50.50M7.13K-12.12M22.86M
ReconciledDepreciation12.02M11.91M12.43M10.04M
ReconciledCostOfRevenue88.30M82.23M98.30M75.24M
EBITDA-41.86M16.71M-203.07K39.66M
EBIT-53.88M4.80M-12.63M29.62M
NetInterestIncome7.85M8.66M5.72M3.80M
InterestExpense2.20M1.33M707.49K407.62K
InterestIncome10.05M9.98M6.43M4.21M
NormalizedIncome-31.02M-265.44K-12.95M-31.16M
NetIncomeFromContinuingAndDiscontinuedOperation-50.50M7.13K-12.12M22.86M
TotalExpenses170.60M133.19M140.51M137.32M
TotalOperatingIncomeAsReported-68.78M-13.05M-27.68M1.34M
DilutedAverageShares86.32M79.90M75.57M76.15M
BasicAverageShares86.32M78.78M75.57M76.15M
DilutedEPS-0.590.00-0.170.30
BasicEPS-0.590.00-0.170.30
DilutedNIAvailtoComStockholders-50.50M7.13K-12.12M22.86M
NetIncomeCommonStockholders-50.50M7.13K-12.12M22.86M
NetIncome-50.50M7.13K-12.12M22.86M
MinorityInterests454.68K-1.66M727.36K0.00
NetIncomeIncludingNoncontrollingInterests-50.95M1.67M-12.85M22.86M
NetIncomeContinuousOperations-50.95M1.67M-12.85M22.86M
TaxProvision-5.13M1.80M-487.51K6.35M
PretaxIncome-56.08M3.47M-13.34M29.21M
OtherIncomeExpense-20.90M4.41M3.64M71.24M
OtherNonOperatingIncomeExpenses537.97K4.05M2.78M4.81M
SpecialIncomeCharges-21.44M363.43K856.81K69.02M
GainOnSaleOfPPE0.0048.40M
GainOnSaleOfBusiness0.0017.79M
ImpairmentOfCapitalAssets24.14M1.44M3.34M0.00
RestructuringAndMergernAcquisition-2.69M-1.80M-4.20M-2.83M
EarningsFromEquityInterest0.00-2.59M
NetNonOperatingInterestIncomeExpense7.85M8.66M5.72M3.80M
InterestExpenseNonOperating2.20M1.33M707.49K407.62K
InterestIncomeNonOperating10.05M9.98M6.43M4.21M
OperatingIncome-43.03M-9.60M-22.70M-45.83M
OperatingExpense82.30M50.97M42.22M62.08M
OtherOperatingExpenses-1.62M-2.02M-1.64M-1.23M
ResearchAndDevelopment5.00M4.27M6.03M38.97M
SellingGeneralAndAdministration78.92M48.72M37.83M24.34M
SellingAndMarketingExpense21.24M13.34M5.50M4.74M
GeneralAndAdministrativeExpense57.68M35.38M32.33M19.61M
OtherGandA57.68M35.38M32.33M19.61M
GrossProfit39.27M41.37M19.52M16.25M
CostOfRevenue88.30M82.23M98.30M75.24M
TotalRevenue127.57M123.60M117.81M91.49M
OperatingRevenue127.57M123.60M117.81M91.49M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber2.08M184.57K3.49M679.75K
OrdinarySharesNumber85.48M87.35M74.18M76.71M
ShareIssued87.55M87.53M77.67M77.39M
NetDebt47.55M7.78M
TotalDebt84.86M41.53M24.69M11.36M
TangibleBookValue303.50M358.09M348.97M386.33M
InvestedCapital429.56M445.66M421.66M454.56M
WorkingCapital234.25M266.87M247.82M278.45M
NetTangibleAssets303.50M358.09M348.97M386.33M
CommonStockEquity344.70M404.12M396.97M443.20M
TotalCapitalization350.41M412.51M396.97M445.41M
TotalEquityGrossMinorityInterest346.63M406.51M397.69M443.20M
MinorityInterest1.93M2.39M722.48K0.00
StockholdersEquity344.70M404.12M396.97M443.20M
GainsLossesNotAffectingRetainedEarnings-48.10M-36.97M-28.33M251.79K
OtherEquityAdjustments-48.10M-36.97M-28.33M251.79K
TreasuryStock4.39M507.01K9.81M2.39M
RetainedEarnings-66.83M-16.33M-16.34M-4.22M
AdditionalPaidInCapital463.92M457.85M451.37M449.48M
CapitalStock87.55K87.53K77.67K77.39K
CommonStock87.55K87.53K77.67K77.39K
TotalLiabilitiesNetMinorityInterest127.27M88.95M85.29M76.96M
TotalNonCurrentLiabilitiesNetMinorityInterest6.87M12.27M3.78M12.80M
OtherNonCurrentLiabilities640.84K2.92M2.41M8.13M
NonCurrentDeferredLiabilities524.90K963.69K1.38M2.46M
NonCurrentDeferredTaxesLiabilities524.90K963.69K1.38M2.46M
LongTermDebtAndCapitalLeaseObligation5.71M8.39M2.21M
LongTermDebt5.71M8.39M2.21M
CurrentLiabilities120.39M76.67M81.51M64.16M
OtherCurrentLiabilities5.79M5.40M6.09M7.04M
CurrentDeferredLiabilities0.00
CurrentDeferredRevenue0.00
CurrentDebtAndCapitalLeaseObligation79.15M33.14M24.69M9.15M
CurrentDebt79.15M33.14M24.69M9.15M
OtherCurrentBorrowings37.53M9.07M5.57M950.00K
CurrentNotesPayable41.62M24.07M19.12M8.20M
PayablesAndAccruedExpenses35.45M38.13M50.72M47.98M
Payables35.45M38.13M50.72M47.98M
OtherPayable8.54M7.25M14.13M9.68M
DuetoRelatedPartiesCurrent0.00
TotalTaxPayable1.43M2.13M1.27M1.62M
IncomeTaxPayable1.43M2.13M1.27M1.62M
AccountsPayable25.48M28.74M35.32M36.68M
TotalAssets473.90M495.46M482.98M520.16M
TotalNonCurrentAssets119.25M151.91M153.66M177.55M
OtherNonCurrentAssets112.65K365.02K329.86K342.14K
NonCurrentDeferredAssets6.50M814.61K1.43M2.22M
NonCurrentDeferredTaxesAssets6.50M814.61K1.43M2.22M
InvestmentsAndAdvances1.41M0.00144.98K157.26K
OtherInvestments0.00144.98K157.26K
LongTermEquityInvestment0.00
InvestmentsinAssociatesatCost0.00
GoodwillAndOtherIntangibleAssets41.20M46.04M48.00M56.87M
OtherIntangibleAssets10.02M12.89M14.82M20.84M
Goodwill31.18M33.15M33.18M36.03M
NetPPE70.02M104.69M103.75M117.97M
AccumulatedDepreciation-74.56M-52.86M-44.24M-37.32M
GrossPPE144.58M157.56M147.99M155.28M
ConstructionInProgress0.00199.84K79.32K
OtherProperties8.99M18.90M17.37M18.16M
MachineryFurnitureEquipment74.61M76.69M81.18M84.56M
BuildingsAndImprovements60.99M61.96M49.24M52.48M
LandAndImprovements0.00
Properties0.000.000.000.00
CurrentAssets354.65M343.55M329.32M342.61M
RestrictedCash83.53M59.87M66.98M39.45M
PrepaidAssets5.53M4.52M6.12M23.60M
Inventory51.27M61.55M40.48M33.17M
FinishedGoods45.60M51.24M29.81M14.76M
WorkInProcess2.38M4.06M4.11M9.12M
RawMaterials3.28M6.25M6.55M9.29M
Receivables171.53M149.90M50.50M62.12M
OtherReceivables144.72M6.48M11.91M8.90M
DuefromRelatedPartiesCurrent0.00
NotesReceivable346.20K124.47M434.46K323.13K
AccountsReceivable26.46M18.95M38.15M52.90M
AllowanceForDoubtfulAccountsReceivable-3.68M-2.89M-2.29M-3.05M
GrossAccountsReceivable30.14M21.84M40.44M55.95M
CashCashEquivalentsAndShortTermInvestments42.79M67.70M165.25M184.27M
OtherShortTermInvestments5.48M33.95M81.19M55.04M
CashAndCashEquivalents37.31M33.76M84.06M129.22M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-18.76M-114.41M27.66M-18.90M
RepurchaseOfCapitalStock-3.92M-510.75K-7.50M-2.41M
RepaymentOfDebt-39.77M-19.76M-28.36M0.00
IssuanceOfDebt66.20M31.65M30.77M3.16M
IssuanceOfCapitalStock0.00
CapitalExpenditure-934.99K-13.25M-3.82M-19.14M
InterestPaidSupplementalData1.74M965.02K345.45K35.00K
IncomeTaxPaidSupplementalData859.67K311.50K350.00K2.07M
EndCashPosition120.84M93.63M151.04M168.68M
BeginningCashPosition93.63M151.04M168.68M142.52M
EffectOfExchangeRateChanges-3.20M-3.36M-9.75M2.96M
ChangesInCash30.41M-54.05M-7.89M23.20M
FinancingCashFlow22.51M14.83M-4.33M747.93K
CashFlowFromContinuingFinancingActivities22.51M14.83M-4.33M747.93K
NetOtherFinancingCharges757.98K
ProceedsFromStockOptionExercised0.003.45M0.000.00
NetCommonStockIssuance-3.92M-510.75K-7.50M-2.41M
CommonStockPayments-3.92M-510.75K-7.50M-2.41M
CommonStockIssuance0.00
NetIssuancePaymentsOfDebt26.43M11.89M2.41M3.16M
NetShortTermDebtIssuance28.71M3.71M2.41M950.00K
ShortTermDebtPayments-37.49M-19.71M-28.36M0.00
ShortTermDebtIssuance66.20M23.42M30.77M950.00K
NetLongTermDebtIssuance-2.28M8.18M0.002.21M
LongTermDebtPayments-2.28M-46.43K0.000.00
LongTermDebtIssuance0.008.22M0.002.21M
InvestingCashFlow25.72M32.28M-35.03M22.21M
CashFlowFromContinuingInvestingActivities25.72M32.28M-35.03M22.21M
NetOtherInvestingChanges31.78M
NetInvestmentPurchaseAndSale26.82M45.24M-31.21M-54.37M
SaleOfInvestment27.83M45.24M
PurchaseOfInvestment-1.02M0.00-31.21M-54.37M
NetBusinessPurchaseAndSale-157.21K282.13K0.0040.64M
SaleOfBusiness282.13K0.0047.75M
PurchaseOfBusiness-157.21K0.00-7.12M
NetIntangiblesPurchaseAndSale0.00-2.36M
PurchaseOfIntangibles0.00-2.36M
NetPPEPurchaseAndSale-934.99K-13.25M-3.82M6.52M
SaleOfPPE0.0023.31M
PurchaseOfPPE-934.99K-13.25M-3.82M-16.79M
OperatingCashFlow-17.82M-101.16M31.48M241.69K
CashFlowFromContinuingOperatingActivities-17.82M-101.16M31.48M241.69K
ChangeInWorkingCapital-25.96M-126.44M31.84M27.35M
ChangeInOtherCurrentLiabilities-55.33M-32.63M-24.53M-2.42M
ChangeInPayablesAndAccruedExpense81.78M34.49M70.41M12.84M
ChangeInPayable81.78M34.49M70.41M12.84M
ChangeInAccountPayable79.04M38.60M62.59M2.18M
ChangeInTaxPayable-575.25K954.01K-25.17K154.33K
ChangeInIncomeTaxPayable-575.25K954.01K-25.17K154.33K
ChangeInPrepaidAssets-1.10M1.49M16.28M27.79M
ChangeInInventory-11.58M-21.53M-9.15M-7.52M
ChangeInReceivables-39.73M-108.27M-21.17M-3.33M
ChangesInAccountReceivables-29.77M10.56M-20.97M-2.54M
OtherNonCashItems-2.69M-1.80M-4.20M-2.83M
StockBasedCompensation7.11M11.06M1.93M1.48M
ProvisionandWriteOffofAssets884.13K656.33K-542.80K862.41K
AssetImpairmentCharge45.50M1.44M3.34M0.00
DeferredTax-6.14M203.24K-461.05K4.07M
DeferredIncomeTax-6.14M203.24K-461.05K4.07M
DepreciationAmortizationDepletion12.02M11.91M12.43M10.04M
DepreciationAndAmortization12.02M11.91M12.43M10.04M
OperatingGainsLosses2.41M141.39K-63.60M
EarningsLossesFromEquityInvestments0.00-15.20M
GainLossOnInvestmentSecurities-419.11K141.39K
GainLossOnSaleOfPPE0.00-48.40M
GainLossOnSaleOfBusiness2.83M0.000.00-17.79M
NetIncomeFromContinuingOperations-50.95M1.67M-12.85M22.86M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for KNDI
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