Kandi Technologies Group
Market Cap
US$478.8m
Last Updated
2020/08/07 23:33 UTC
Data Sources
Company Financials
Executive Summary
Kandi Technologies Group, Inc., through its subsidiaries, designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts and off-road vehicles in the People’s Republic of China and internationally.
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Kandi Technologies Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KNDI's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
25.5%
KNDI
6.4%
US Auto Components
2.5%
US Market
1 Year Return
82.3%
KNDI
3.0%
US Auto Components
16.3%
US Market
Return vs Industry: KNDI exceeded the US Auto Components industry which returned 2.2% over the past year.
Return vs Market: KNDI exceeded the US Market which returned 15.8% over the past year.
Shareholder returns
| KNDI | Industry | Market | |
|---|---|---|---|
| 7 Day | 25.5% | 6.4% | 2.5% |
| 30 Day | 97.8% | 12.6% | 5.6% |
| 90 Day | 164.9% | 23.5% | 16.4% |
| 1 Year | 82.3%82.3% | 4.2%3.0% | 18.8%16.3% |
| 3 Year | 149.9%149.9% | -8.0%-18.1% | 45.1%35.7% |
| 5 Year | 32.5%32.5% | 15.8%-2.2% | 75.8%56.8% |
Price Volatility Vs. Market
How volatile is Kandi Technologies Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Would Shareholders Who Purchased Kandi Technologies Group's(NASDAQ:KNDI) Stock Five Years Be Happy With The Share price Today?2 months ago | Simply Wall St
Is Kandi Technologies Group, Inc. (NASDAQ:KNDI) Overpaying Its CEO?5 months ago | Simply Wall St
Imagine Owning Kandi Technologies Group (NASDAQ:KNDI) While The Price Tanked 69%Valuation
Is Kandi Technologies Group undervalued compared to its fair value and its price relative to the market?
2.25x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate KNDI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KNDI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KNDI is unprofitable, so we can't compare its PE Ratio to the US Auto Components industry average.
PE vs Market: KNDI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KNDI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KNDI is overvalued based on its PB Ratio (2.3x) compared to the US Auto Components industry average (1.6x).
Next Steps
Future Growth
How is Kandi Technologies Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
33.4%
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kandi Technologies Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of KNDI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Automobiles industry.
Past Performance
How has Kandi Technologies Group performed over the past 5 years?
-37.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KNDI is currently unprofitable.
Growing Profit Margin: KNDI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KNDI is unprofitable, and losses have increased over the past 5 years at a rate of 37.3% per year.
Accelerating Growth: Unable to compare KNDI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KNDI is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-22%).
Return on Equity
High ROE: KNDI has a negative Return on Equity (-2.05%), as it is currently unprofitable.
Next Steps
Financial Health
How is Kandi Technologies Group's financial position?
Financial Position Analysis
Short Term Liabilities: KNDI's short term assets ($177.4M) exceed its short term liabilities ($116.8M).
Long Term Liabilities: KNDI's short term assets ($177.4M) exceed its long term liabilities ($17.4M).
Debt to Equity History and Analysis
Debt Level: KNDI's debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: KNDI's debt to equity ratio has increased from 24.7% to 30.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KNDI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KNDI has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.1% each year.
Next Steps
Dividend
What is Kandi Technologies Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KNDI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KNDI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KNDI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KNDI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KNDI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Xiaoming Hu (63 yo)
13.17yrs
Tenure
US$316,120
Compensation
Mr. Xiaoming Hu has been Chief Executive Officer and President of Kandi Technolgies Group, Inc. (alternate name: Kandi Technologies Group, Inc. (formerly known as Kandi Technologies, Corp).) since June 29, ...
CEO Compensation Analysis
Compensation vs Market: Xiaoming's total compensation ($USD316.12K) is below average for companies of similar size in the US market ($USD2.10M).
Compensation vs Earnings: Xiaoming's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 13.17yrs | US$316.12k | 27.01% $ 129.3m | |
| Chief Financial Officer | 0.25yr | no data | no data | |
| Manager of Investor Relations | no data | no data | no data | |
| Executive Vice President of Finance | 9.83yrs | no data | no data | |
| Chief Strategy Officer | 3.75yrs | US$15.55k | no data |
6.8yrs
Average Tenure
47yo
Average Age
Experienced Management: KNDI's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 13.17yrs | US$316.12k | 27.01% $ 129.3m | |
| Independent Director | 9.75yrs | US$50.50k | 0.16% $ 770.1k | |
| Independent Director | 9.08yrs | US$42.10k | 0.21% $ 1.0m | |
| Independent Director | 8.25yrs | US$8.69k | no data | |
| Independent Director | 3.25yrs | US$8.69k | no data | |
| Director | 0.67yr | no data | 0.011% $ 54.3k | |
| Director | 0.67yr | no data | 0.025% $ 117.8k |
8.3yrs
Average Tenure
65yo
Average Age
Experienced Board: KNDI's board of directors are considered experienced (8.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Kandi Technologies Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kandi Technologies Group, Inc.
- Ticker: KNDI
- Exchange: NasdaqGS
- Founded: 2002
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$478.816m
- Shares outstanding: 52.85m
- Website: https://www.kandivehicle.com
Number of Employees
Location
- Kandi Technologies Group, Inc.
- Jinhua City Industrial Zone
- Jinhua
- Zhejiang Province
- 321016
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KNDI | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jul 2007 |
| K8A | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 2007 |
| 0QZ7 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jul 2007 |
Biography
Kandi Technologies Group, Inc., through its subsidiaries, designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts and off-road vehicles in the People’s Republic of Chin ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/07 23:33 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.