Kandi Technologies Group, Inc. (KNDI) Financial Ratios
22 years of historical data (2004–2025) · Consumer Cyclical · Auto - Parts
EV/EBITDA
N/A
—
5yr avg: 11.30
30Y Low6.5·High90.1
P/FCF
↓
0.30
↓-91% vs avg
5yr avg: 3.33
30Y Low0.4·High137.3
P/B Ratio
↓
0.20
↓-52% vs avg
5yr avg: 0.42
30Y Low0.2·High5.6
ROE
↓
-30.4%
↑-268% vs avg
5yr avg: -8.3%
30Y Low-30%·High77%
Debt/EBITDA
N/A
—
5yr avg: 1.01
30Y Low0.0·High26.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
KNDI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Kandi Technologies Group, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 0.3x P/FCF, 91% below the 5-year average of 3.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $54M | $66M | $103M | $224M | $174M | $244M | $386M | $248M | $186M | $326M | $230M |
| Enterprise Value | $-75533836 | $-63131969 | $151M | $232M | $114M | $127M | $244M | $307M | $242M | $413M | $296M |
| P/E Ratio → | -0.57 | — | — | 28000.00 | — | 10.70 | — | — | — | — | — |
| P/S Ratio | 0.61 | 0.76 | 0.81 | 1.81 | 1.48 | 2.67 | 5.02 | 1.82 | 1.65 | 3.17 | 1.78 |
| P/B Ratio | 0.20 | 0.24 | 0.30 | 0.55 | 0.44 | 0.55 | 0.96 | 1.14 | 0.82 | 1.46 | 0.99 |
| P/FCF | 0.30 | 0.38 | — | — | 6.28 | — | — | — | 14.89 | — | — |
| P/OCF | 0.30 | 0.37 | — | — | 5.52 | 1011.38 | — | — | 13.68 | — | — |
P/E links to full P/E history page with 30-year chart
KNDI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.72 | 1.18 | 1.87 | 0.97 | 1.38 | 3.17 | 2.26 | 2.15 | 4.02 | 2.28 |
| EV / EBITDA | — | — | — | — | — | 11.30 | 27.46 | 34.03 | 90.13 | — | — |
| EV / EBIT | — | — | — | — | — | — | — | 337.47 | — | — | — |
| EV / FCF | — | -0.36 | — | — | 4.14 | — | — | — | 19.41 | — | — |
KNDI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Kandi Technologies Group, Inc. earns an operating margin of -47.3%, below the Consumer Cyclical sector average of 2.0%. Operating margins have compressed from -10.6% to -47.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -30.4% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 42.6% | 42.6% | 30.8% | 33.5% | 16.6% | 17.8% | 17.5% | 18.7% | 18.0% | 14.0% | 13.7% |
| Operating Margin | -47.3% | -47.3% | -53.9% | -10.6% | -23.5% | 1.5% | 1.0% | 0.7% | -1.5% | -25.4% | -24.0% |
| Net Profit Margin | -107.4% | -107.4% | -39.6% | 0.0% | -10.3% | 25.0% | -13.5% | -5.3% | -5.1% | -27.6% | -5.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -30.4% | -30.4% | -13.4% | 0.0% | -2.9% | 5.4% | -3.3% | -3.2% | -2.5% | -12.5% | -2.8% |
| ROA | -21.5% | -21.5% | -10.4% | 0.0% | -2.4% | 4.5% | -2.4% | -1.8% | -1.3% | -6.5% | -1.6% |
| ROIC | -11.6% | -11.6% | -12.8% | -2.6% | -6.3% | 0.3% | 0.2% | 0.2% | -0.4% | -6.4% | -8.3% |
| ROCE | -13.3% | -13.3% | -17.8% | -3.2% | -6.5% | 0.3% | 0.2% | 0.4% | -0.6% | -10.1% | -12.3% |
KNDI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $176M exceeds total debt of $47M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.17 | 0.17 | 0.24 | 0.10 | 0.06 | 0.03 | 0.00 | 0.30 | 0.32 | 0.41 | 0.34 |
| Debt / EBITDA | — | — | — | — | — | 1.01 | 0.01 | 7.19 | 26.83 | — | — |
| Net Debt / Equity | — | -0.48 | 0.14 | 0.02 | -0.15 | -0.27 | -0.35 | 0.27 | 0.25 | 0.39 | 0.28 |
| Net Debt / EBITDA | — | — | — | — | — | -10.52 | -15.97 | 6.58 | 21.00 | — | — |
| Debt / FCF | — | -0.73 | — | — | -2.15 | — | — | — | 4.52 | — | — |
| Interest Coverage | -21.95 | -21.95 | -20.33 | -8.75 | -34.40 | -115.46 | -3.58 | 0.19 | -0.88 | -11.44 | -16.93 |
Net cash position: cash ($176M) exceeds total debt ($47M)
KNDI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Kandi Technologies Group, Inc.'s current ratio of 2.34x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 4.48x to 2.34x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.34 | 2.34 | 2.95 | 4.48 | 4.04 | 5.34 | 3.66 | 1.48 | 1.02 | 1.29 | 1.49 |
| Quick Ratio | 2.10 | 2.10 | 2.52 | 3.68 | 3.54 | 4.82 | 3.43 | 1.27 | 0.88 | 1.20 | 1.42 |
| Cash Ratio | 1.65 | 1.65 | 0.36 | 0.88 | 2.03 | 2.87 | 1.70 | 0.04 | 0.10 | 0.03 | 0.09 |
| Asset Turnover | — | 0.22 | 0.27 | 0.25 | 0.24 | 0.18 | 0.16 | 0.37 | 0.26 | 0.23 | 0.29 |
| Inventory Turnover | 1.61 | 1.61 | 1.72 | 1.34 | 2.43 | 2.27 | 3.22 | 3.98 | 4.19 | 5.54 | 9.38 |
| Days Sales Outstanding | — | 231.54 | 490.78 | 442.67 | 156.45 | 247.84 | 448.21 | 164.51 | 115.37 | 656.01 | 507.05 |
KNDI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Kandi Technologies Group, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 0.0% | — | 9.3% | — | — | — | — | — |
| FCF Yield | 100.0% | 266.7% | — | — | 15.9% | — | — | — | 6.7% | — | — |
| Buyback Yield | 0.0% | 0.0% | 3.8% | 0.2% | 4.3% | 1.0% | 0.0% | 1.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 3.8% | 0.2% | 4.3% | 1.0% | 0.0% | 1.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $84M | $86M | $80M | $76M | $76M | $56M | $52M | $51M | $48M | $47M |
Peer Comparison
Compare KNDI with 9 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 KNDIYou | $54M | -0.6 | — | 0.3 | 42.6% | -47.3% | -30.4% | -11.6% | — |
 WKHS | $31M | -0.4 | — | — | -45.0% | -223.7% | -146.8% | -62.2% | — |
 NIO | $12B | -5.2 | — | — | 13.6% | -16.9% | -111.1% | -52.7% | — |
 XPEV | $13B | -38.0 | — | 17.5 | 18.9% | -5.8% | -3.6% | -8.9% | — |
 LI | $13B | 83.5 | — | — | 18.7% | -0.9% | 1.5% | -2.6% | — |
 TSLA | $1.5T | 375.0 | 143.9 | 244.4 | 18.0% | 4.6% | 4.8% | 4.5% | 0.8 |
 BLNK | $78M | -0.9 | — | — | 24.4% | -72.4% | -91.0% | -92.9% | — |
 EVGO | $608M | -6.3 | — | — | 21.0% | -28.8% | -10.0% | -21.9% | — |
 CHPT | $205M | -0.8 | — | — | 30.5% | -51.1% | -277.4% | -83.8% | — |
 QS | $5B | -10.0 | — | — | — | — | -37.4% | -33.4% | — |
| Consumer Cyclical Median | — | 20.8 | 12.1 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 22 years · Updated daily
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KNDI — Frequently Asked Questions
Quick answers to the most common questions about buying KNDI stock.
What is Kandi Technologies Group, Inc.'s P/E ratio?
Kandi Technologies Group, Inc.'s current P/E ratio is -0.6x. The historical average is 28.9x.
What is Kandi Technologies Group, Inc.'s ROE?
Kandi Technologies Group, Inc.'s return on equity (ROE) is -30.4%. The historical average is 3.2%.
Is KNDI stock overvalued?
Based on historical data, Kandi Technologies Group, Inc. is trading at a P/E of -0.6x. Compare with industry peers and growth rates for a complete picture.
What are Kandi Technologies Group, Inc.'s profit margins?
Kandi Technologies Group, Inc. has 42.6% gross margin and -47.3% operating margin.