8-K Announcements
6Material company update
Mar 14, 2024·SEC
Material company update
Dec 29, 2023·SEC
Material company update
Nov 27, 2023·SEC
Kandi Technologies Group, Inc.(KNDI)Earnings, Financials & Key Ratios
KNDI•NASDAQ
$0.71
$61M mkt cap·Price updated May 6, 2026
SectorConsumer CyclicalIndustryAuto Parts & EquipmentSub-IndustryElectrified Powertrain and Batteries
AboutKandi Technologies Group, Inc. designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts, and off-road vehicles in the People's Republic of China and internationally. It offers off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and EV parts comprising battery packs, body parts, EV controllers, air conditioning units, and other auto parts. 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.Show more
- Revenue$87M-31.5%
- EBITDA-$36M+37.3%
- Net Income-$94M-85.9%
- EPS (Diluted)-1.12-89.8%
- Gross Margin42.65%+38.5%
- EBITDA Margin-40.82%+8.6%
- Operating Margin-47.34%+12.2%
- Net Margin-107.37%-171.3%
- ROE-30.45%-127.1%
- ROIC-11.61%+9.1%
- Debt/Equity0.17-28.6%
- Interest Coverage-21.95-7.9%
KNDI Key Insights
Kandi Technologies Group, Inc. (KNDI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FCF machine: 201.4% free cash flow margin
- ✓Share count reduced 2.9% through buybacks
- ✓Trading at only 0.2x book value
✗Weaknesses
- ✗Profits declining 55.3% over 5 years
- ✗Weak momentum: RS Rating 11 (bottom 11%)
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
KNDI Price & Volume
Kandi Technologies Group, Inc. (KNDI) stock price & volume — 10-year historical chart
Loading chart...
KNDI Growth Metrics
Kandi Technologies Group, Inc. (KNDI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-7.99%
5 Years2.6%
3 Years-9.46%
TTM-22.27%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-5830.86%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-6796.55%
Return on Capital
10 Years-6.29%
5 Years-8.08%
3 Years-11.42%
Last Year-13.25%
KNDI Peer Comparison
Kandi Technologies Group, Inc. (KNDI) competitors in Electrified Powertrain and Batteries — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 WKHS | 35.81M | 4.07 | -0.08 | -49.47% | -6.07% | -198.1% | 0.37 | |
 NIO | 12.36B | 5.91 | -3.65 | 18.18% | -35.01% | -270.66% | 2.50 | |
 XPEV | 5.55B | 15.93 | -17.74 | 33.22% | -7.1% | -13.77% | 0.51 | |
 LI | 35.58B | 17.72 | 16.02 | 16.71% | 3.59% | 6.21% | 0.23 | |
 TSLA | 1.5T | 398.53 | 369.01 | -2.93% | 3.96% | 4.75% | 0.10 | |
 BLNK | 98.22M | 0.86 | -0.44 | -11.16% | -118.72% | -131.92% | 0.09 | |
 EVGO | 606.78M | 1.94 | -6.24 | 49.55% | -12.14% | -13.29% | 0.28 | |
 CHPT | 137.85M | 6.36 | -0.68 | -1.4% | -53.55% | -353.75% | 12.75 |
Compare KNDI vs Peers
Kandi Technologies Group, Inc. (KNDI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
KNDI Income Statement
Kandi Technologies Group, Inc. (KNDI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 102.81M | 112.44M | 135.74M | 76.92M | 91.49M | 117.81M | 123.6M | 127.57M | 87.44M | 104.04M |
| Revenue Growth % | -20.61% | 9.37% | 20.72% | -43.33% | 18.94% | 28.78% | 4.91% | 3.21% | -31.46% | -22.27% |
| Cost of Goods Sold | 88.46M | 92.19M | 110.31M | 63.43M | 75.24M | 98.3M | 82.23M | 88.3M | 50.15M | 67.35M |
| COGS % of Revenue | 86.05% | 81.99% | 81.27% | 82.47% | 82.24% | 83.43% | 66.53% | 69.22% | 57.35% | - |
| Gross Profit | 14.34M▲ 0% | 20.25M▲ 41.2% | 25.43M▲ 25.6% | 13.49M▼ 47.0% | 16.25M▲ 20.5% | 19.52M▲ 20.1% | 41.37M▲ 112.0% | 39.27M▼ 5.1% | 37.29M▼ 5.0% | 36.69M▲ 0% |
| Gross Margin % | 13.95% | 18.01% | 18.73% | 17.53% | 17.76% | 16.57% | 33.47% | 30.78% | 42.65% | 35.27% |
| Gross Profit Growth % | -19.06% | 41.15% | 25.6% | -46.96% | 20.46% | 20.12% | 111.96% | -5.08% | -5.04% | - |
| Operating Expenses | 40.43M | 21.89M | 24.52M | 12.73M | 14.91M | 47.2M | 54.42M | 108.05M | 78.69M | 103.05M |
| OpEx % of Revenue | 39.32% | 19.46% | 18.06% | 16.55% | 16.3% | 40.06% | 44.03% | 84.7% | 89.99% | - |
| Selling, General & Admin | 12.8M | 11.8M | 18.31M | 19.66M | 24.34M | 37.83M | 48.72M | 78.92M | 71.07M | 73.1M |
| SG&A % of Revenue | 12.45% | 10.5% | 13.49% | 25.56% | 26.61% | 32.11% | 39.42% | 61.87% | 81.28% | - |
| Research & Development | 27.63M | 10.08M | 6.21M | 7.25M | 38.97M | 6.03M | 4.27M | 5M | 7.62M | 5.81M |
| R&D % of Revenue | 26.87% | 8.97% | 4.57% | 9.42% | 42.6% | 5.12% | 3.45% | 3.92% | 8.72% | - |
| Other Operating Expenses | 0 | 0 | 0 | -14.17M | -48.4M | 3.34M | 1.44M | 24.14M | 0 | 1000K |
| Operating Income | -26.08M▲ 0% | -1.64M▲ 93.7% | 909.54K▲ 155.5% | 754.4K▼ 17.1% | 1.34M▲ 77.1% | -27.68M▼ 2171.5% | -13.05M▲ 52.8% | -68.78M▼ 427.0% | -41.4M▲ 39.8% | -66.36M▲ 0% |
| Operating Margin % | -25.37% | -1.46% | 0.67% | 0.98% | 1.46% | -23.49% | -10.56% | -53.92% | -47.34% | -63.79% |
| Operating Income Growth % | 15.91% | 93.72% | 155.52% | -17.06% | 77.12% | -2171.5% | 52.85% | -426.98% | 39.81% | - |
| EBITDA | -21.3M | 2.69M | 9.02M | 8.89M | 11.2M | -15.46M | -1.34M | -56.96M | -35.7M | -54.56M |
| EBITDA Margin % | -20.72% | 2.39% | 6.65% | 11.56% | 12.25% | -13.12% | -1.08% | -44.65% | -40.82% | -52.45% |
| EBITDA Growth % | 18.54% | 112.62% | 235.58% | -1.42% | 26% | -237.98% | 91.35% | -4160.24% | 37.33% | -2174.47% |
| D&A (Non-Cash Add-back) | 4.78M | 4.33M | 8.11M | 8.14M | 9.87M | 12.22M | 11.72M | 11.83M | 5.7M | 11.8M |
| EBIT | -26.08M | -1.64M | 909.54K | -13.42M | -47.07M | -24.34M | -11.61M | -44.65M | -41.4M | -42.22M |
| Net Interest Income | -10.44K | -547K | -4.03M | -1.56M | 3.8M | 5.72M | 8.66M | 7.85M | 6.8M | 10.03M |
| Interest Income | 2.27M | 1.32M | 791.89K | 2.19M | 4.21M | 6.43M | 9.98M | 10.05M | 8.69M | 11.26M |
| Interest Expense | 2.28M | 1.87M | 4.82M | 3.75M | 407.62K | 707.49K | 1.33M | 2.2M | 1.89M | 1.23M |
| Other Income/Expense | -5.53M | 3.71M | -8.79M | -16.2M | 27.87M | 14.34M | 16.52M | 12.7M | -50.24M | 9M |
| Pretax Income | -31.61M▲ 0% | 2.08M▲ 106.6% | -7.88M▼ 479.6% | -15.44M▼ 95.9% | 29.21M▲ 289.2% | -13.34M▼ 145.7% | 3.47M▲ 126.0% | -56.08M▼ 1714.9% | -91.63M▼ 63.4% | -57.36M▲ 0% |
| Pretax Margin % | -30.75% | 1.85% | -5.81% | -20.07% | 31.93% | -11.32% | 2.81% | -43.96% | -104.8% | -55.13% |
| Income Tax | 3.26M | 7.77M | 692.26K | 5.05M | 6.35M | 487.51K | 1.8M | 5.13M | 3.94M | 6.91M |
| Effective Tax Rate % | -10.32% | 374.3% | -8.78% | -32.69% | 21.73% | -3.65% | 51.92% | -9.15% | -4.3% | -12.05% |
| Net Income | -28.35M▲ 0% | -5.69M▲ 79.9% | -7.19M▼ 26.2% | -10.39M▼ 44.6% | 22.86M▲ 320.0% | -12.12M▼ 153.0% | 7.13K▲ 100.1% | -50.5M▼ 708115.5% | -93.88M▼ 85.9% | -51.09M▲ 0% |
| Net Margin % | -27.57% | -5.06% | -5.3% | -13.51% | 24.99% | -10.29% | 0.01% | -39.58% | -107.37% | -49.1% |
| Net Income Growth % | -335.39% | 79.91% | -26.24% | -44.59% | 319.97% | -153.03% | 100.06% | -708115.47% | -85.92% | -5830.86% |
| Net Income (Continuing) | -28.35M | -5.69M | -7.19M | -10.39M | 22.86M | -12.85M | 1.67M | -50.95M | -95.57M | -51.63M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 722.48K | 2.39M | 1.93M | -744 | 1.9M |
| EPS (Diluted) | -0.59▲ 0% | -0.11▲ 81.4% | -0.14▼ 27.3% | -0.19▼ 35.7% | 0.30▲ 257.9% | -0.16▼ 153.3% | 0.00▲ 100.1% | -0.59▼ 590100.0% | -1.12▼ 89.8% | -0.60▲ 0% |
| EPS Growth % | -321.43% | 81.36% | -27.27% | -35.71% | 257.89% | -153.33% | 100.06% | - | -89.83% | -6796.55% |
| EPS (Basic) | -0.59 | -0.11 | -0.14 | -0.19 | 0.30 | -0.16 | 0.00 | -0.59 | -1.12 | - |
| Diluted Shares Outstanding | 47.94M | 51.19M | 52.34M | 55.96M | 76.15M | 75.57M | 79.9M | 86.07M | 83.61M | 84.81M |
| Basic Shares Outstanding | 47.94M | 51.19M | 52.34M | 55.96M | 76.15M | 75.57M | 78.78M | 82.22M | 83.61M | 86.2M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
KNDI Balance Sheet
Kandi Technologies Group, Inc. (KNDI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 238.31M | 167.35M | 195.57M | 307.12M | 342.61M | 329.32M | 343.55M | 354.65M | 301.08M | 324.2M |
| Cash & Short-Term Investments | 4.89M | 15.66M | 5.49M | 142.08M | 184.27M | 165.25M | 67.7M | 42.79M | 211.94M | 185.73M |
| Cash Only | 4.89M | 15.66M | 5.49M | 142.08M | 129.22M | 84.06M | 33.76M | 37.31M | 176.41M | 32.25M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 55.04M | 81.19M | 33.95M | 5.48M | 35.53M | 153.49M |
| Accounts Receivable | 184.77M | 35.54M | 61.18M | 94.46M | 62.12M | 50.5M | 149.9M | 171.53M | 55.47M | 10.81M |
| Days Sales Outstanding | 656.01 | 115.37 | 164.51 | 448.21 | 247.84 | 156.45 | 442.67 | 490.78 | 231.54 | 209.67 |
| Inventory | 15.98M | 22M | 27.74M | 19.7M | 33.17M | 40.48M | 61.55M | 51.27M | 31.05M | 45.22M |
| Days Inventory Outstanding | 65.93 | 87.09 | 91.78 | 113.34 | 160.93 | 150.3 | 273.21 | 211.93 | 226.02 | 308.25 |
| Other Current Assets | 35.48M | 23.8M | 101.16M | 442.44K | 63.05M | 66.98M | 59.87M | 83.53M | 0 | 82.44M |
| Total Non-Current Assets | 200.02M | 261.48M | 175.65M | 188.13M | 177.55M | 153.66M | 151.91M | 119.25M | 98.58M | 119.14M |
| Property, Plant & Equipment | 65.08M | 82.05M | 74.41M | 105.61M | 111.66M | 97.37M | 104.69M | 70.02M | 58.67M | 62.38M |
| Fixed Asset Turnover | 1.58x | 1.37x | 1.82x | 0.73x | 0.82x | 1.21x | 1.18x | 1.82x | 1.49x | 1.45x |
| Goodwill | 322.59K | 28.55M | 28.27M | 29.71M | 36.03M | 33.18M | 33.15M | 31.18M | 22.49M | 31.65M |
| Intangible Assets | 13M | 16.08M | 19.06M | 10.81M | 16.5M | 10.9M | 12.89M | 10.02M | 318.26K | 5.88M |
| Long-Term Investments | 72.14M | 128.93M | 47.23M | 28.94M | 157.26K | 144.98K | -39.54T | 1.41M | 1.86M | 5.33M |
| Other Non-Current Assets | 45.09M | 5.87M | 5.95M | 4.1M | 10.99M | 10.63M | 39.54T | 112.65K | 12.49M | 45.41M |
| Total Assets | 438.33M▲ 0% | 428.83M▼ 2.2% | 371.22M▼ 13.4% | 495.25M▲ 33.4% | 520.16M▲ 5.0% | 482.98M▼ 7.1% | 495.46M▲ 2.6% | 473.9M▼ 4.4% | 399.66M▼ 15.7% | 443.35M▲ 0% |
| Asset Turnover | 0.23x | 0.26x | 0.37x | 0.16x | 0.18x | 0.24x | 0.25x | 0.27x | 0.22x | 0.22x |
| Asset Growth % | -0.31% | -2.17% | -13.43% | 33.41% | 5.03% | -7.15% | 2.58% | -4.35% | -15.66% | -2.16% |
| Total Current Liabilities | 184.6M | 164.82M | 131.87M | 83.8M | 64.16M | 81.51M | 76.67M | 120.39M | 128.42M | 86.39M |
| Accounts Payable | 111.6M | 112.31M | 72.09M | 34.26M | 36.68M | 35.32M | 28.74M | 25.48M | 22.11M | 37.92M |
| Days Payables Outstanding | 460.45 | 444.65 | 238.55 | 197.13 | 177.93 | 131.16 | 127.59 | 105.31 | 160.9 | 179.35 |
| Short-Term Debt | 61.12M | 43.33M | 50.53M | 92.44K | 9.15M | 24.69M | 33.14M | 79.15M | 47.23M | 37.38M |
| Deferred Revenue (Current) | 2.4M | 1.44M | 7.87M | 38.23M | 11.3M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 9.66M | 7.82M | -416.79K | 2.19M | 5.42M | 20.22M | 12.65M | 5.79M | 57.98M | 11.09M |
| Current Ratio | 1.29x | 1.02x | 1.48x | 3.66x | 5.34x | 4.04x | 4.48x | 2.95x | 2.34x | 2.34x |
| Quick Ratio | 1.20x | 0.88x | 1.27x | 3.43x | 4.82x | 3.54x | 3.68x | 2.52x | 2.10x | 2.10x |
| Cash Conversion Cycle | 261.49 | -242.19 | 17.74 | 364.43 | 230.83 | 175.59 | 588.29 | 597.4 | 296.66 | 338.57 |
| Total Non-Current Liabilities | 30.74M | 38.38M | 21.49M | 7.69M | 12.8M | 3.78M | 12.27M | 6.87M | 1.19M | 1M |
| Long-Term Debt | 30.74M | 28.79M | 14.35M | 0 | 2.21M | 0 | 8.39M | 5.71M | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 906K |
| Deferred Tax Liabilities | 0 | 1.71M | 1.36M | 3.48M | 2.46M | 1.38M | 963.69K | 524.9K | 857.37K | 1.38M |
| Other Non-Current Liabilities | 0 | 7.88M | 5.77M | 4.2M | 8.13M | 2.41M | 2.92M | 640.84K | 328.37K | 3.92M |
| Total Liabilities | 215.34M | 203.21M | 153.36M | 91.48M | 76.96M | 85.29M | 88.95M | 127.27M | 129.6M | 87.39M |
| Total Debt | 91.86M | 72.12M | 64.88M | 92.44K | 11.36M | 24.69M | 41.53M | 84.86M | 47.23M | 37.84M |
| Net Debt | 86.96M | 56.46M | 59.39M | -141.99M | -117.86M | -59.37M | 7.78M | 47.55M | -129.18M | 5.59M |
| Debt / Equity | 0.41x | 0.32x | 0.30x | 0.00x | 0.03x | 0.06x | 0.10x | 0.24x | 0.17x | 0.17x |
| Debt / EBITDA | - | 26.83x | 7.19x | 0.01x | 1.01x | - | - | - | - | -0.69x |
| Net Debt / EBITDA | - | 21.00x | 6.58x | -15.97x | -10.52x | - | - | - | - | -0.10x |
| Interest Coverage | -11.44x | -0.88x | 0.19x | -3.58x | -115.46x | -34.40x | -8.75x | -20.33x | -21.95x | -34.31x |
| Total Equity | 222.99M▲ 0% | 225.62M▲ 1.2% | 217.86M▼ 3.4% | 403.77M▲ 85.3% | 443.2M▲ 9.8% | 397.69M▼ 10.3% | 406.51M▲ 2.2% | 346.63M▼ 14.7% | 270.06M▼ 22.1% | 355.95M▲ 0% |
| Equity Growth % | -4.03% | 1.18% | -3.44% | 85.34% | 9.77% | -10.27% | 2.22% | -14.73% | -22.09% | -33.24% |
| Book Value per Share | 4.65 | 4.41 | 4.16 | 7.22 | 5.82 | 5.26 | 5.09 | 4.03 | 3.23 | 4.20 |
| Total Shareholders' Equity | 222.99M | 225.62M | 217.86M | 403.77M | 443.2M | 396.97M | 404.12M | 344.7M | 270.06M | 354.05M |
| Common Stock | 48.04K | 51.48K | 52.84K | 75.38K | 77.39K | 77.67K | 87.53K | 87.55K | 84.78K | 354.05M |
| Retained Earnings | -3.8M | -9.5M | -16.69M | -27.08M | -4.22M | -16.34M | -16.33M | -66.83M | -160.71M | 0 |
| Treasury Stock | 0 | 0 | -2.48M | 0 | -2.39M | -9.81M | -507.01K | -4.39M | -4.39M | 0 |
| Accumulated OCI | -6.31M | -19.92M | -22.72M | -8.78M | 251.79K | -28.33M | -36.97M | -48.1M | -35.74M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 722.48K | 2.39M | 1.93M | -744 | 1.9M |
KNDI Cash Flow Statement
Kandi Technologies Group, Inc. (KNDI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -3.21M | 13.59M | -29.89M | -50.88M | 241.69K | 31.48M | -101.16M | -17.82M | 176.61M | 176.61M |
| Operating CF Margin % | -3.13% | 12.08% | -22.02% | -66.15% | 0.26% | 26.72% | -81.85% | -13.97% | 201.98% | - |
| Operating CF Growth % | 93.51% | 522.7% | -319.95% | -70.26% | 100.48% | 12924.55% | -421.36% | 82.38% | 1091.09% | 0% |
| Net Income | -28.35M | -5.69M | -7.19M | -10.39M | 22.86M | -12.85M | 1.67M | -50.95M | -93.88M | -51.09M |
| Depreciation & Amortization | 4.78M | 4.33M | 8.2M | 8.22M | 10.04M | 12.43M | 11.91M | 12.02M | 5.7M | 0 |
| Stock-Based Compensation | 5.19M | 285.61K | 1.36M | 902.67K | 1.48M | 1.93M | 11.06M | 7.12M | 0 | 7.11M |
| Deferred Taxes | -5.45M | 4.82M | -1.07M | -5.35M | 4.07M | -461.05K | 203.24K | -6.14M | 3.74M | 0 |
| Other Non-Cash Items | 12.31M | 14.48M | 7.66M | 3.49M | -65.57M | -1.4M | 434.29K | 46.1M | 21.89M | 43.97M |
| Working Capital Changes | 8.31M | -4.62M | -38.85M | -47.76M | 27.35M | 31.84M | -126.44M | -25.96M | 239.17M | 0 |
| Change in Receivables | -41.99M | -177.44M | -38.85M | 25.15M | -3.33M | -21.17M | -108.27M | -39.73M | 4.26M | 0 |
| Change in Inventory | -3.31M | -5.24M | -6.46M | 9.25M | -7.52M | -9.15M | -21.53M | -11.58M | 25.65M | 0 |
| Change in Payables | 66.78M | 137.39M | 10.44M | -30.99M | 2.18M | 62.59M | 38.6M | 79.04M | 54.28M | 0 |
| Cash from Investing | 2.71M | -947.44K | 31.25M | 51.15M | 22.21M | -35.03M | 32.28M | 25.72M | -78.18M | 0 |
| Capital Expenditures | -1.46M | -1M | -598.2K | -14.9M | -16.79M | -3.82M | -13.25M | -935K | -470.72K | 0 |
| CapEx % of Revenue | 1.42% | 0.89% | 0.44% | 19.38% | 18.35% | 3.24% | 10.72% | 0.73% | 0.54% | - |
| Acquisitions | 0 | -3.07M | 31.85M | 42.9M | 40.64M | 757.98K | 282.13K | -157K | -709.64K | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -5M | 1.69M | 0 | 23.2M | 52.73M | -757.98K | 0 | 0 | -75.14M | 0 |
| Cash from Financing | -7.3M | -5.3M | -6.98M | 126.45M | 747.93K | -4.33M | 14.83M | 22.51M | -93.65M | 0 |
| Debt Issued (Net) | -9.81M | -5.3M | -4.49M | -54.64M | 3.16M | 2.41M | 11.89M | 26.43M | -93.65M | 0 |
| Equity Issued (Net) | 0 | 0 | -2.49M | 151.92M | -2.41M | -7.5M | 2.94M | -3.92M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -2.49M | 0 | -2.41M | -7.5M | -510.75K | -3.92M | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 29.16M | 0 | 757.98K | 0 | -1K | 0 | 0 |
| Net Change in Cash | -7.34M▲ 0% | 6.24M▲ 185.0% | -5.84M▼ 193.6% | 126.01M▲ 2257.5% | 26.16M▼ 79.2% | -17.64M▼ 167.4% | -57.41M▼ 225.5% | 27.21M▲ 147.4% | 55.57M▲ 104.3% | 0▲ 0% |
| Free Cash Flow | -5.09M▲ 0% | 12.48M▲ 345.0% | -30.48M▼ 344.2% | -69.07M▼ 126.6% | -18.9M▲ 72.6% | 27.66M▲ 246.3% | -114.41M▼ 513.6% | -18.75M▲ 83.6% | 176.14M▲ 1039.2% | 0▲ 0% |
| FCF Margin % | -4.95% | 11.1% | -22.46% | -89.79% | -20.66% | 23.48% | -92.56% | -14.7% | 201.44% | - |
| FCF Growth % | 90.87% | 345.05% | -344.23% | -126.57% | 72.64% | 246.34% | -513.64% | 83.61% | 1039.17% | 100% |
| FCF per Share | -0.11 | 0.24 | -0.58 | -1.23 | -0.25 | 0.37 | -1.43 | -0.22 | 2.11 | 2.11 |
| FCF Conversion (FCF/Net Income) | 0.11x | -2.39x | 4.16x | 4.90x | 0.01x | -2.60x | -14184.05x | 0.35x | -1.88x | -0.00x |
| Interest Paid | 1.63M | 1.71M | 1.74M | 653.51K | 35K | 345.45K | 965.02K | 1.74M | 0 | 0 |
| Taxes Paid | 1.45M | 2.06M | 1.99M | 1.05M | 2.07M | 350K | 311.5K | 859.67K | 0 | 0 |
KNDI Key Ratios
Kandi Technologies Group, Inc. (KNDI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -12.45% | -2.54% | -3.24% | -3.34% | 5.4% | -2.88% | 0% | -13.41% | -30.45% | -13.92% |
| Return on Invested Capital (ROIC) | -6.44% | -0.42% | 0.24% | 0.21% | 0.34% | -6.26% | -2.6% | -12.76% | -11.61% | -11.61% |
| Gross Margin | 13.95% | 18.01% | 18.73% | 17.53% | 17.76% | 16.57% | 33.47% | 30.78% | 42.65% | 35.27% |
| Net Margin | -27.57% | -5.06% | -5.3% | -13.51% | 24.99% | -10.29% | 0.01% | -39.58% | -107.37% | -49.1% |
| Debt / Equity | 0.41x | 0.32x | 0.30x | 0.00x | 0.03x | 0.06x | 0.10x | 0.24x | 0.17x | 0.17x |
| Interest Coverage | -11.44x | -0.88x | 0.19x | -3.58x | -115.46x | -34.40x | -8.75x | -20.33x | -21.95x | -34.31x |
| FCF Conversion | 0.11x | -2.39x | 4.16x | 4.90x | 0.01x | -2.60x | -14184.05x | 0.35x | -1.88x | -0.00x |
| Revenue Growth | -20.61% | 9.37% | 20.72% | -43.33% | 18.94% | 28.78% | 4.91% | 3.21% | -31.46% | -22.27% |
KNDI SEC Filings & Documents
Kandi Technologies Group, Inc. (KNDI) SEC filings — annual & quarterly reports (10-K, 10-Q)
KNDI Frequently Asked Questions
Kandi Technologies Group, Inc. (KNDI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Kandi Technologies Group, Inc. (KNDI) reported $104.0M in revenue for fiscal year 2025.
Kandi Technologies Group, Inc. (KNDI) saw revenue decline by 31.5% over the past year.
Kandi Technologies Group, Inc. (KNDI) reported a net loss of $51.1M for fiscal year 2025.
Dividend & Returns
Kandi Technologies Group, Inc. (KNDI) has a return on equity (ROE) of -30.4%. Negative ROE indicates the company is unprofitable.
Kandi Technologies Group, Inc. (KNDI) generated $176.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More KNDI
Kandi Technologies Group, Inc. (KNDI) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates