See more : Sanford Limited (SAN.NZ) 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
- Implanet S.A. (IMPZY) Income Statement Analysis – Financial Results
- Petro River Oil Corp. (PTRC) Income Statement Analysis – Financial Results
- WiMi Hologram Cloud Inc. (WIMI) Income Statement Analysis – Financial Results
- EJF Investments Limited (EJFI.L) Income Statement Analysis – Financial Results
- PXP Energy Corporation (PXPEF) 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 America Introduces the K32 Luxury Off-road Electric UTV
DALLAS--(BUSINESS WIRE)---- $KNDI #ePowersports--Kandi America, the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international automotive and powersports manufacturer, today introduced its first off-road all-electric dual motor 4-wheel drive UTV, the K32. “Recognizing the growing enthusiasm for...
Kandi America Introduces the K32 Luxury Off-road Electric UTV
DALLAS--(BUSINESS WIRE)--Kandi America, the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international automotive and powersports manufacturer, today introduced its first off-road all-electric dual motor 4-wheel drive UTV, the K32. “Recognizing the growing enthusiasm for electric off-road...
Why Kandi Technologies Stock Is Slumping Today
The EV maker's third-quarter report didn't show the growth that investors were hoping to see.
Kandi Technologies Group, Inc. (KNDI) CEO Xiaoming Hu on Q3 2021 Results - Earnings Call Transcript
Kandi Technologies Group, Inc. (KNDI) CEO Xiaoming Hu on Q3 2021 Results - Earnings Call Transcript
Kandi Technologies Reports Third Quarter 2021 Financial Results
-- Revenue ~$17 million -- Working Capital of ~$289 million, cash1 balance $211 million -- -- Sales into e-Scooter-related markets surge nearly 600% -- JINHUA, China, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ...
Kandi Technologies to Report Third Quarter 2021 Financial Results and Hold a Conference Call on November 9, 2021
Jinhua, China, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its third quarter 2021 financial results on Tuesday, November 9, 2021, before the U.S. stock market...
Charging Up Your Portfolio with Electric Vehicles
Whether its the government, Wall Street investors or even traditional automakers; everybody is seeing tremendous potential in EVs. Ben Rains will show you how to capitalize on this burgeoning space, which grew over 160% worldwide in the first half of...
Kandi Receives Final Payment from Fengsheng Sale
JINHUA, CHINA, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that it received the final payment from the sale of its 22% equity in Fengsheng Automotive Technologies Group...
Kandi Technologies Stock Jumps On Solid Q2 Aided By Strength In EV Scooters
Kandi Technologies Group Inc (NASDAQ: KNDI) reported second-quarter FY21 revenue growth of 54.1% year-on-year, to $29.88 million, beating the analyst consensus of $20.80 million. EV parts sales fell 46.4% Y/Y to $6.7 million, Off-road vehicles sales declined 16.7% to $5.5 million, while Electric...
Kandi Technologies Group, Inc. (KNDI) CEO Xiaoming Hu on Q2 2021 Results - Earnings Call Transcript
Kandi Technologies Group, Inc. (KNDI) CEO Xiaoming Hu on Q2 2021 Results - Earnings Call Transcript
Source: https://incomestatements.info
Category: Stock Reports