Kandi Technologies Group, Inc.
General ticker "KNDI" information:
- Sector: Consumer Discretionary
- Industry: Auto - Parts
- Capitalization: $102.2M (TTM average)
Kandi Technologies Group, Inc. does not follow the US Stock Market performance with the rate: -8.8%.
Estimated limits based on current volatility of 4.9%: low 0.94$, high 1.04$
Factors to consider:
- Total employees count: 840 (-13.5%) as of 2023
- China accounted for 24.0% of revenue in the fiscal year ended 2023-12-31
- US accounted for 76.0% of revenue in the fiscal year ended 2023-12-31
- Top business risk factors: Market adoption and product performance, Dependence on executive leadership, Market competition, Regulatory and compliance, Supply chain disruptions
- Price in estimated range
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [0.69$, 1.70$]
- 2025-12-31 to 2026-12-31 estimated range: [0.71$, 1.68$]
Financial Metrics affecting the KNDI estimates:
- Positive: with PPE of -24.2 at the end of fiscal year the price was neutral
- Negative: negative Operating income
- Positive: Industry operating cash flow per share per price (median), % of 10.23 > 10.14
- Negative: Operating cash flow per share per price, % of -22.43 <= 0.04
- Positive: Investing cash flow per share per price, % of 32.37 > -0.62
- Positive: Shareholder equity ratio, % of 72.74 > 64.17
- Positive: Interest expense per share per price, % of 2.76 <= 3.31
- Positive: Industry inventory ratio change (median), % of -1.38 <= -0.18
- Positive: -9.48 < Industry operating profit margin (median), % of 2.87
Short-term KNDI quotes
Long-term KNDI plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $117.81MM | $123.60MM | $127.57MM |
| Operating Expenses | $145.49MM | $136.65MM | $196.35MM |
| Operating Income | $-27.68MM | $-13.05MM | $-68.78MM |
| Non-Operating Income | $14.34MM | $16.52MM | $12.70MM |
| Interest Expense | $0.71MM | $1.33MM | $2.20MM |
| R&D Expense | $6.03MM | $4.26MM | $5.00MM |
| Income(Loss) | $-13.34MM | $3.47MM | $-56.08MM |
| Taxes | $-0.49MM | $1.80MM | $-5.13MM |
| Profit(Loss)* | $-12.12MM | $0.01MM | $-50.50MM |
| Stockholders Equity | $396.97MM | $404.12MM | $344.70MM |
| Inventory | $40.48MM | $61.55MM | $51.27MM |
| Assets | $482.98MM | $495.46MM | $473.90MM |
| Operating Cash Flow | $31.48MM | $-101.16MM | $-17.82MM |
| Capital expenditure | $3.82MM | $13.25MM | $0.94MM |
| Investing Cash Flow | $-35.03MM | $32.28MM | $25.72MM |
| Financing Cash Flow | $-4.33MM | $14.83MM | $22.51MM |
| Earnings Per Share** | $-0.16 | $0.00 | $-0.61 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.