KNDI - Kandi Technologies Group, Inc.
NASDAQ
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Consumer Cyclical
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Auto Parts
Jinhua,
China
Type: Equity
KNDI price evolution
KNDI
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $93.63 | $134.86 | $123.64 | $138.08 |
| Short term investments | $158.42 | $109.72 | $109.16 | $100.78 |
| Net receivables | $28.04 | $28.96 | $35.02 | $38.27 |
| Inventory | $61.55 | $57.86 | $57.11 | $47.3 |
| Total current assets | $343.55 | $333.09 | $328.09 | $327.66 |
| Long term investments | $0.14 | $0.14 | $0.15 | |
| Property, plant & equipment | $98.8 | $98.79 | $89.95 | $95.84 |
| Goodwill & intangible assets | $42.3 | $39.45 | $39.99 | $43.83 |
| Total noncurrent assets | $151.91 | $149.56 | $141.41 | $151.82 |
| Total investments | $158.42 | $109.85 | $109.3 | $100.92 |
| Total assets | $495.46 | $482.64 | $469.51 | $479.48 |
| Current liabilities | ||||
| Accounts payable | $36 | $42.84 | $48.43 | $43.38 |
| Deferred revenue | ||||
| Short long term debt | $33.14 | $31.2 | $23.28 | $24.26 |
| Total current liabilities | $76.67 | $80 | $78.2 | $74.51 |
| Long term debt | $8.39 | $8.22 | ||
| Total noncurrent liabilities | $12.27 | $9.81 | $1.64 | $4.09 |
| Total debt | $41.53 | $39.42 | $23.28 | $24.26 |
| Total liabilities | $88.95 | $89.81 | $79.84 | $78.6 |
| Shareholders' equity | ||||
| Retained earnings | -$16.33 | -$11.77 | -$12.64 | -$16.37 |
| Other shareholder equity | -$36.97 | -$48.13 | -$46.03 | -$26.75 |
| Total shareholder equity | $404.12 | $390.42 | $387.66 | $399.53 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $93.63 | $151.04 | $168.68 | $142.52 |
| Short term investments | $158.42 | $81.63 | $55.36 | $31.4 |
| Net receivables | $28.04 | $50.5 | $67.74 | $78.04 |
| Inventory | $61.55 | $40.48 | $33.17 | $19.7 |
| Total current assets | $343.55 | $329.32 | $342.61 | $307.12 |
| Long term investments | $0.14 | $0.16 | $28.94 | |
| Property, plant & equipment | $98.8 | $103.75 | $111.66 | $81.72 |
| Goodwill & intangible assets | $42.3 | $44.08 | $52.53 | $36.2 |
| Total noncurrent assets | $151.91 | $153.66 | $177.55 | $188.13 |
| Total investments | $158.42 | $81.77 | $55.52 | $60.34 |
| Total assets | $495.46 | $482.98 | $520.16 | $495.25 |
| Current liabilities | ||||
| Accounts payable | $36 | $35.32 | $46.35 | $41.98 |
| Deferred revenue | ||||
| Short long term debt | $33.14 | $24.69 | $9.15 | $0.09 |
| Total current liabilities | $76.67 | $81.51 | $64.16 | $83.8 |
| Long term debt | $8.39 | $2.21 | ||
| Total noncurrent liabilities | $12.27 | $3.78 | $12.8 | $7.69 |
| Total debt | $41.53 | $24.69 | $11.36 | $0.09 |
| Total liabilities | $88.95 | $86.01 | $76.96 | $91.48 |
| Shareholders' equity | ||||
| Retained earnings | -$16.33 | -$16.34 | -$4.22 | -$27.08 |
| Other shareholder equity | -$36.97 | -$28.33 | $0.25 | -$8.78 |
| Total shareholder equity | $404.12 | $396.97 | $443.2 | $403.77 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $28.36 | $36.43 | $35.95 | $22.86 |
| Cost of revenue | $19.67 | $25.51 | $22.22 | $14.83 |
| Gross Profit | $8.69 | $10.92 | $13.73 | $8.03 |
| Operating activities | ||||
| Research & development | $1.59 | $0.92 | $0.87 | $0.88 |
| Selling, general & administrative | $14.1 | $13.61 | $11.62 | $9.39 |
| Total operating expenses | $15.69 | $14.51 | $13.96 | $10.27 |
| Operating income | -$7 | -$3.59 | -$0.23 | -$2.24 |
| Income from continuing operations | ||||
| EBIT | -$2.07 | $1.21 | $4.23 | -$0.24 |
| Income tax expense | $1.89 | -$0.01 | $0.31 | -$0.38 |
| Interest expense | $0.6 | $0.35 | $0.19 | $0.17 |
| Net income | ||||
| Net income | -$4.56 | $0.87 | $3.73 | -$0.03 |
| Income (for common shares) | -$4.56 | $0.87 | $3.73 | -$0.03 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $123.6 | $117.81 | $91.49 | $76.92 |
| Cost of revenue | $82.23 | $98.3 | $75.24 | $63.43 |
| Gross Profit | $41.37 | $19.52 | $16.25 | $13.49 |
| Operating activities | ||||
| Research & development | $4.27 | $6.03 | $38.97 | $7.25 |
| Selling, general & administrative | $48.72 | $37.83 | $24.34 | $19.66 |
| Total operating expenses | $54.42 | $47.2 | $14.91 | $12.73 |
| Operating income | -$13.05 | -$27.68 | $1.34 | $0.75 |
| Income from continuing operations | ||||
| EBIT | $3.14 | -$11.9 | $29.62 | -$11.69 |
| Income tax expense | $1.8 | -$0.49 | $6.35 | -$5.05 |
| Interest expense | $1.33 | $0.71 | $0.41 | $3.75 |
| Net income | ||||
| Net income | $0.01 | -$12.12 | $22.86 | -$10.39 |
| Income (for common shares) | $0.01 | -$12.12 | $22.86 | -$10.39 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$4.56 | $0.87 | $3.73 | -$0.03 |
| Operating activities | ||||
| Depreciation | $2.96 | $2.91 | $2.99 | $3.05 |
| Business acquisitions & disposals | $0.28 | |||
| Stock-based compensation | $2.34 | $3.99 | $3.72 | $1 |
| Total cash flows from operations | -$127.82 | $15.4 | $3.9 | $7.36 |
| Investing activities | ||||
| Capital expenditures | -$0.07 | -$11.74 | -$0.8 | -$0.63 |
| Investments | $79.39 | -$0.93 | -$14.21 | -$19 |
| Total cash flows from investing | $79.6 | -$12.67 | -$15.01 | -$19.64 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $2.94 | |||
| Net borrowings | -$0.09 | $10.45 | $2.89 | -$1.36 |
| Total cash flows from financing | $2.85 | $10.45 | $2.89 | -$1.36 |
| Effect of exchange rate | $4.14 | -$1.96 | -$6.21 | $0.68 |
| Change in cash and equivalents | -$45.37 | $13.18 | -$8.23 | -$13.63 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $0.01 | -$12.12 | $22.86 | -$10.39 |
| Operating activities | ||||
| Depreciation | $11.91 | $12.43 | $10.04 | $8.22 |
| Business acquisitions & disposals | $0.28 | $40.53 | $42.85 | |
| Stock-based compensation | $11.06 | $1.93 | $1.48 | $0.9 |
| Total cash flows from operations | -$101.16 | $31.48 | $0.24 | -$50.88 |
| Investing activities | ||||
| Capital expenditures | -$13.25 | -$3.82 | $4.16 | $34.39 |
| Investments | $45.24 | -$31.21 | -$22.48 | -$26.1 |
| Total cash flows from investing | $32.28 | -$35.03 | $22.21 | $51.15 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $2.94 | -$7.5 | -$2.41 | $181.08 |
| Net borrowings | $11.89 | $2.41 | $3.16 | -$54.64 |
| Total cash flows from financing | $14.83 | -$4.33 | $0.75 | $126.45 |
| Effect of exchange rate | -$3.36 | -$9.75 | $2.96 | -$0.71 |
| Change in cash and equivalents | -$54.05 | -$7.89 | $23.2 | $126.71 |
News
Fundamentals
| Market cap | $195.66M |
|---|---|
| Enterprise value | $143.56M |
| Shares outstanding | 87.35M |
| Revenue | $123.60M |
|---|---|
| EBITDA | $15.05M |
| EBIT | $3.14M |
| Net Income | $7.13K |
| Revenue Q/Q | -26.17% |
| Revenue Y/Y | 4.91% |
| P/E ratio | 27.43K |
|---|---|
| EV/Sales | 1.16 |
| EV/EBITDA | 9.54 |
| EV/EBIT | 45.76 |
| P/S ratio | 1.58 |
| P/B ratio | 0.44 |
| Book/Share | 5.05 |
| Cash/Share | 1.07 |
| EPS | $0.00 |
|---|---|
| ROA | 0.00% |
| ROE | 0.00% |
| Debt/Equity | 0.22 |
|---|---|
| Net debt/EBITDA | -0.31 |
| Current ratio | 4.48 |
| Quick ratio | 3.68 |