See more : Keppel Corporation Limited (KPELF) Income Statement Analysis – Financial Results
Complete financial analysis of Kandi Technologies Group, Inc. (KNDI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Kandi Technologies Group, Inc., a leading company in the Auto – Parts industry within the Consumer Cyclical sector.
You may be interested
- General Motors Company (8GM.DE) Income Statement Analysis – Financial Results
- Auscrete Corporation (ASCK) Income Statement Analysis – Financial Results
- easyJet plc (ESYJY) Income Statement Analysis – Financial Results
- Western Uranium & Vanadium Corp. (WSTRF) Income Statement Analysis – Financial Results
- Brisbane Broncos Limited (BBL.AX) Income Statement Analysis – Financial Results
Kandi Technologies Group, Inc. (KNDI)
About Kandi Technologies Group, Inc.
Kandi 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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 123.60M | 117.81M | 91.49M | 76.92M | 135.74M | 112.44M | 102.81M | 129.49M | 201.07M | 170.23M | 94.54M | 64.51M | 40.18M | 42.88M | 33.83M | 40.51M | 34.70M | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 82.23M | 98.30M | 75.24M | 63.43M | 110.31M | 92.19M | 88.46M | 111.77M | 172.65M | 146.83M | 72.79M | 51.62M | 30.96M | 33.26M | 25.61M | 30.92M | 27.24M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 41.37M | 19.52M | 16.25M | 13.49M | 25.43M | 20.25M | 14.34M | 17.72M | 28.42M | 23.40M | 21.74M | 12.89M | 9.21M | 9.62M | 8.21M | 9.59M | 7.47M | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 33.47% | 16.57% | 17.76% | 17.53% | 18.73% | 18.01% | 13.95% | 13.69% | 14.13% | 13.75% | 23.00% | 19.99% | 22.93% | 22.44% | 24.28% | 23.68% | 21.52% | 0.00% | 0.00% | 0.00% |
| Research & Development | 4.27M | 6.03M | 38.97M | 7.25M | 6.21M | 10.08M | 27.63M | 26.50M | 3.48M | 2.76M | 3.73M | 2.88M | 2.30M | 1.91M | 2.34M | 839.99K | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 35.38M | 32.33M | 19.61M | 13.04M | 14.24M | 8.61M | 11.33M | 20.67M | 28.26M | 14.06M | 16.06M | 4.25M | 3.46M | 3.37M | 2.57M | 1.84M | 1.99K | 1.99K | 0.00 | 0.00 |
| Selling & Marketing | 13.34M | 5.50M | 4.74M | 6.62M | 4.07M | 3.19M | 1.47M | 1.57M | 633.86K | 1.35M | 399.50K | 455.98K | 414.26K | 1.12M | 1.02M | 477.41K | 2.28M | 4.15K | 0.00 | 0.00 |
| SG&A | 48.72M | 37.83M | 24.34M | 19.66M | 18.31M | 11.80M | 12.80M | 22.23M | 28.89M | 15.40M | 16.46M | 4.71M | 3.87M | 4.49M | 3.60M | 2.31M | 2.28M | 6.14K | 4.31K | 23.50K |
| Other Expenses | 1.44M | -1.64M | -1.23M | -1.13M | -792.63K | 956.84K | 123.93K | 1.63M | 1.81M | -34.65K | 676.26K | 332.94K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 46.00K | 0.00 |
| Operating Expenses | 54.42M | 42.22M | 62.08M | 25.78M | 23.73M | 4.10M | 34.51M | 22.82M | 30.73M | 17.87M | 19.96M | 7.45M | 6.18M | 6.40M | 5.94M | 3.15M | 2.28M | 6.14K | 50.31K | 23.50K |
| Cost & Expenses | 136.65M | 140.51M | 137.32M | 89.21M | 134.04M | 96.29M | 122.97M | 134.59M | 203.38M | 164.70M | 92.75M | 59.07M | 37.14M | 39.66M | 31.55M | 34.07M | 29.51M | 6.14K | 50.31K | 23.50K |
| Interest Income | 9.98M | 6.43M | 4.21M | 2.19M | 791.89K | 1.32M | 2.27M | 2.96M | 3.14M | 1.70M | 1.52M | 2.66M | 2.20M | 769.94K | 333.65K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.33M | 707.49K | 407.62K | 3.75M | 4.82M | 1.87M | 2.28M | 1.83M | 2.21M | 3.48M | 4.40M | 2.78M | 1.95M | 2.92M | 1.81M | 2.02M | 1.21M | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 11.91M | 12.25M | 9.64M | 7.62M | 8.17M | 4.17M | 4.45M | 4.53M | 5.79M | 5.57M | 7.71M | 4.98M | 4.70M | 4.71M | 3.44M | 1.98M | 1.45M | 0.00 | 0.00 | 0.00 |
| EBITDA | 16.71M | -379.32K | 41.85M | -5.28M | 909.54K | 26.00M | -21.30M | 7.84M | 1.84M | 10.82M | -7.44M | 15.59M | 16.31M | 7.09M | 6.54M | 8.60M | 7.32M | 2.86M | -50.31K | -23.50K |
| EBITDA Ratio | 13.52% | -0.90% | -32.10% | -22.20% | -10.45% | 4.33% | -23.88% | -2.28% | 10.08% | 10.11% | 9.74% | 20.68% | 24.59% | 20.30% | 17.87% | 20.77% | 17.20% | 0.00% | 0.00% | 0.00% |
| Operating Income | -13.05M | -22.70M | -45.83M | -12.29M | 1.70M | -1.64M | -26.08M | -31.02M | -3.95M | 5.24M | 1.56M | 5.31M | 3.04M | 3.22M | 2.28M | 6.44M | 5.19M | -6.14K | -50.31K | -23.50K |
| Operating Income Ratio | -10.56% | -19.27% | -50.10% | -15.98% | 1.25% | -1.46% | -25.37% | -23.95% | -1.97% | 3.08% | 1.65% | 8.23% | 7.56% | 7.51% | 6.73% | 15.90% | 14.95% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 16.52M | 14.34M | 27.87M | -16.20M | -8.79M | 3.71M | -5.53M | 25.19M | 24.75M | 9.44M | -21.10M | 2.26M | 6.63M | -3.77M | -989.18K | -1.84M | -222.28K | 1.08M | 0.00 | 0.00 |
| Income Before Tax | 3.47M | -13.34M | 29.21M | -15.44M | -7.88M | 2.08M | -31.61M | -5.83M | 20.79M | 14.69M | -19.55M | 7.57M | 9.67M | -545.73K | 1.29M | 4.60M | 4.66M | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 2.81% | -11.32% | 31.93% | -20.07% | -5.81% | 1.85% | -30.75% | -4.50% | 10.34% | 8.63% | -20.68% | 11.74% | 24.06% | -1.27% | 3.81% | 11.36% | 13.42% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 1.80M | -487.51K | 6.35M | -5.05M | -692.26K | 7.77M | -3.26M | 681.55K | 6.13M | 2.41M | 1.59M | 1.52M | 551.06K | 405.71K | 287.58K | 9.61K | -372.51K | 6.14K | 50.31K | 23.50K |
| Net Income | 7.13K | -12.85M | 22.86M | -10.39M | -7.19M | -5.69M | -28.35M | -6.51M | 14.67M | 12.27M | -21.14M | 6.05M | 9.11M | -951.44K | 999.80K | 4.92M | 5.03M | -6.14K | -50.31K | -23.50K |
| Net Income Ratio | 0.01% | -10.91% | 24.99% | -13.51% | -5.30% | -5.06% | -27.57% | -5.03% | 7.29% | 7.21% | -22.36% | 9.38% | 22.69% | -2.22% | 2.96% | 12.15% | 14.49% | 0.00% | 0.00% | 0.00% |
| EPS | 0.00 | -0.17 | 0.30 | -0.19 | -0.14 | -0.11 | -0.59 | -0.14 | 0.31 | 0.29 | -0.61 | 0.21 | 0.33 | -0.04 | 0.05 | 0.25 | 0.31 | 0.00 | 0.00 | 0.00 |
| EPS Diluted | 0.00 | -0.17 | 0.30 | -0.19 | -0.14 | -0.11 | -0.59 | -0.14 | 0.31 | 0.29 | -0.61 | 0.20 | 0.32 | -0.04 | 0.05 | 0.25 | 0.31 | 0.00 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 78.78M | 75.57M | 76.15M | 55.96M | 52.34M | 51.19M | 47.94M | 46.51M | 46.74M | 42.58M | 34.66M | 29.44M | 27.44M | 22.17M | 19.96M | 19.96M | 16.06M | 19.96M | 23.00M | 23.00M |
| Weighted Avg Shares Out (Dil) | 79.90M | 75.57M | 76.15M | 55.96M | 52.34M | 51.19M | 47.94M | 47.45M | 46.93M | 42.72M | 34.71M | 29.68M | 28.74M | 22.17M | 21.48M | 19.96M | 16.06M | 27.96M | 23.00M | 23.00M |
Kandi Technologies Group, Inc. (KNDI) Q2 2023 Earnings Call Transcript
Kandi Technologies Group, Inc. (NASDAQ:KNDI ) Q2 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants Kewa Luo - Investor Relations Director Xueqin Dong - Chief Executive Officer Xiaoming Hu - Chairman of the Board Alan Lim...
Kandi Technologies Reports Second Quarter 2023 Financial Results
Strategic product transformation has borne fruitful outcomes, leading to a remarkable turnaround to profitability Strategic product transformation has borne fruitful outcomes, leading to a remarkable turnaround to profitability
EV Mixed Signals: Sales Are Rising, But Inventory Slower To Move
Sales of electric vehicles are continuing to grow, but at a slower pace, according to Cox Automotive, which provides marketing and financing services to the auto industry.
Kandi Technologies' Subsidiary SC Autosports Expands Distribution with Acquisition of Northern Group
-- SC Autosports to acquire 100% ownership of Northern Group— JINHUA, CHINA, June 26, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or “the Company”) (NASDAQ GS: KNDI), today announced that on June 17, 2023, its wholly owned subsidiary...
KNDI Stock Earnings: Kandi Posts EPS of 1 Cent
Kandi Technologies (NASDAQ: KNDI ) reported results for the first quarter of 2023. Kandi reported earnings per share of 1 cent.
Kandi Technologies Reports First Quarter 2023 Financial Results
JINHUA, CHINA, May 10, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2023.
Kandi: Golf Cart Sales Could Put It In The Black For 2023 (Rating Upgrade)
The company expects to sell 20,000 to 25,000 golf carts in the USA during 2023. This is its most profitable segment, with a gross income margin of 22.9% in 2022.
EV Stocks: The Lowdown On The Market And How To Navigate It As An Investor
We've laid out the industry's current position, what it's composed of and the headwinds it's facing that could scupper future gains.
Kandi Technologies Reports 2022 Financial Results
JINHUA, China, March 15, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2022.
Kandi Technologies to Report FY 2022 Financial Results and Hold a Conference Call on March 15, 2023
Jinhua, China, March 10, 2023 (GLOBE NEWSWIRE) -- Jinhua, China--(March 10, 2023) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its FY 2022 financial results on Wednesday, March 15, 2023, before...
Source: https://incomestatements.info
Category: Stock Reports