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Kandi Technologies Group, Inc.NasdaqGS:KNDI Stock Report

Market Cap US$53.9m
Share Price
US$0.65
US$139.12
99.5% undervalued intrinsic discount
1Y-45.7%
7D-0.8%
Portfolio Value
View

Kandi Technologies Group, Inc.

NasdaqGS:KNDI Stock Report

Market Cap: US$53.9m

Kandi Technologies Group (KNDI) Stock Overview

Produces and sells electric off-road vehicles and associated parts in the People’s Republic of China, the United States, and internationally. More details

KNDI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

KNDI Community Fair Values

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Kandi Technologies Group, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kandi Technologies Group
Historical stock prices
Current Share PriceUS$0.65
52 Week HighUS$1.77
52 Week LowUS$0.61
Beta0.55
1 Month Change-21.17%
3 Month Change-36.09%
1 Year Change-45.68%
3 Year Change-81.05%
5 Year Change-87.19%
Change since IPO-74.23%

Recent News & Updates

Analysis Article Jan 27

There's Reason For Concern Over Kandi Technologies Group, Inc.'s (NASDAQ:KNDI) Massive 32% Price Jump

Those holding Kandi Technologies Group, Inc. ( NASDAQ:KNDI ) shares would be relieved that the share price has...

Recent updates

Analysis Article Jan 27

There's Reason For Concern Over Kandi Technologies Group, Inc.'s (NASDAQ:KNDI) Massive 32% Price Jump

Those holding Kandi Technologies Group, Inc. ( NASDAQ:KNDI ) shares would be relieved that the share price has...
Analysis Article Dec 12

Some Confidence Is Lacking In Kandi Technologies Group, Inc.'s (NASDAQ:KNDI) P/S

There wouldn't be many who think Kandi Technologies Group, Inc.'s ( NASDAQ:KNDI ) price-to-sales (or "P/S") ratio of...
Seeking Alpha Aug 23

Kandi Technologies Financials Continue To Show Extreme Volatility In H1 2025

Summary Kandi Technologies' financials remain volatile and inconsistent, with revenues dropping 40% YoY and little transparency on segment performance or cash movements. Despite deep value metrics, cash and equivalents nearly double market cap, operational losses persist, and financial reporting lacks clarity, making valuation unreliable. Management is entering new, unproven business lines amid core revenue declines, raising concerns about strategic focus and capital allocation priorities. Given the persistent lack of transparency, unpredictable financials, and unclear use of cash, I maintain my Hold rating on Kandi Technologies. Read the full article on Seeking Alpha
Analysis Article Jul 23

The Price Is Right For Kandi Technologies Group, Inc. (NASDAQ:KNDI)

With a median price-to-sales (or "P/S") ratio of close to 0.7x in the Auto Components industry in the United States...
Analysis Article Apr 22

More Unpleasant Surprises Could Be In Store For Kandi Technologies Group, Inc.'s (NASDAQ:KNDI) Shares After Tumbling 27%

Kandi Technologies Group, Inc. ( NASDAQ:KNDI ) shares have had a horrible month, losing 27% after a relatively good...
Analysis Article Mar 06

What Kandi Technologies Group, Inc.'s (NASDAQ:KNDI) 47% Share Price Gain Is Not Telling You

Kandi Technologies Group, Inc. ( NASDAQ:KNDI ) shareholders have had their patience rewarded with a 47% share price...
Seeking Alpha Mar 03

Still Waiting For A Meaningful Turn At Kandi Technologies

Summary Kandi Technologies has modestly outperformed the off-road recreational vehicle market, but isn't showing the sort of momentum necessary to hit management's ambitious unit growth targets. Management's ambitious targets for U.S. vehicle sales and revenue growth seem unrealistic without significant market share gains and substantial improvements in unit volumes. Management's plans to investment in lithium battery production, smart mobility, and battery-sharing still seem very risky and a poor use of shareholder capital. Despite a strong balance sheet, the company's financial cushion is thinner than it appears, limiting capacity for working capital expansion and future growth initiatives. Double-digit EBITDA margin in three or four years would support a higher share price, but that assumes significant growth and these shares remain highly speculative. Read the full article on Seeking Alpha
Analysis Article Jan 19

Kandi Technologies Group, Inc.'s (NASDAQ:KNDI) Shares Climb 28% But Its Business Is Yet to Catch Up

Kandi Technologies Group, Inc. ( NASDAQ:KNDI ) shareholders are no doubt pleased to see that the share price has...
Analysis Article Nov 13

Kandi Technologies Group, Inc. (NASDAQ:KNDI) May Have Run Too Fast Too Soon With Recent 27% Price Plummet

The Kandi Technologies Group, Inc. ( NASDAQ:KNDI ) share price has fared very poorly over the last month, falling by a...
Seeking Alpha Oct 29

Kandi Technologies: Split Focus More Likely To Destroy Than Build Shareholder Value

Summary The electric off-road vehicle business has delivered mixed results, with inconsistent sales growth and limited brand recognition and distribution in the U.S. market. Kandi Technologies' new strategic plan to invest in multiple business lines raises concerns given a lack of clear core competencies and past struggles in achieving success. Investing $100M in U.S. lithium battery production seems like a poor use of capital, given the far greater scale of established battery manufacturers. Kandi's renewed efforts in ride hailing and battery swapping in China feel like a rehash of prior efforts that only frittered away capital and shareholder value. The core electric off-road vehicle business could have some value, but I expect management's new strategic growth plan will do more harm than good and further erode shareholder value. Read the full article on Seeking Alpha
Analysis Article Aug 06

Not Many Are Piling Into Kandi Technologies Group, Inc. (NASDAQ:KNDI) Just Yet

There wouldn't be many who think Kandi Technologies Group, Inc.'s ( NASDAQ:KNDI ) price-to-sales (or "P/S") ratio of...
Seeking Alpha Jun 24

Drive Away From Kandi Technologies Group

Summary Kandi Technologies Group stock is high-risk, with a pending USSEC investigation, customer service complaints, and a 48.16% drop in share price since our last article. The company shifted focus to off-road vehicles, golf carts, and accessories, showing some financial improvements in FY '23 and Q1 '24. KNDI faces competition from EV manufacturers, hedge fund sell-offs, and distribution issues with its products, making it a risky investment. Read the full article on Seeking Alpha
Analysis Article Jan 17

Investors Still Waiting For A Pull Back In Kandi Technologies Group, Inc. (NASDAQ:KNDI)

When close to half the companies in the Auto Components industry in the United States have price-to-sales ratios (or...
Seeking Alpha Jan 16

Kandi Technologies Hoping For Sweeter Results From A Shift In Its EV Focus

Summary After failing to gain any real traction in passenger EVs, Kandi Technologies Group, Inc. has shifted its focus to smaller electric vehicles like golf carts and ATVs. Customer reviews seem generally positive and there's room for a low-price option, but the market includes formidable established competitors like BRP, Club Car, Polaris, and Textron. Kandi isn't the only EV-only entrant, and the market is likely to attract other all-electric players, as well as other low-cost offerings. Kandi has the liquidity to pursue this new strategy, but establishing a critical mass with distribution and dealer support will be critical. I can get to a mid-single-digit fair value today, but there's a long road to success here and this company's track record raises questions that, at a minimum, demand thorough due diligence from investors. Read the full article on Seeking Alpha
Seeking Alpha Aug 08

Kandi Technologies GAAP EPS of -$0.02, revenue of $20.84M

Kandi Technologies press release (NASDAQ:KNDI): Q2 GAAP EPS of -$0.02. Revenue of $20.84M (-30.3% Y/Y). Off-road vehicles sales increased by 84.4% to $10.1M, compared to $5.5M in the same period of 2021. EV products sales increased by 307.1% to $2.5M, compared to $0.6M in the same period of 2021. EV parts sales were $0.6M, compared to $6.7M in the same period of 2021. Cash, cash equivalents, restricted cash, and certificate of deposit of $232.5M as of June 30, 2022.
Analysis Article Mar 18

What Does Kandi Technologies Group, Inc.'s (NASDAQ:KNDI) Share Price Indicate?

Kandi Technologies Group, Inc. ( NASDAQ:KNDI ), might not be a large cap stock, but it received a lot of attention from...
Seeking Alpha Dec 09

Revisiting Kandi - I'm No Longer Bearish Following The Launch Of $20 Million Share Buyback

Kandi posted weak results in Q3 2021, with sales dropping by 10.3% to $16.8 million. However, the company amassed $211 million in cash and deposits and its working capital stood at $289.4 million as of September. Taking advantage of such a strong balance sheet, Kandi is launching a $20 million share buyback which could put short-sellers under pressure. I’m changing my stance on Kandi from bearish to neutral and I’m even a little tempted to view it as a speculative buy.
Analysis Article Nov 09

Here's Why I Think Kandi Technologies Group (NASDAQ:KNDI) Might Deserve Your Attention Today

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Feb 18

How Many Kandi Technologies Group, Inc. (NASDAQ:KNDI) Shares Have Insiders Sold, In The Last Year?

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...
Analysis Article Dec 11

Introducing Kandi Technologies Group (NASDAQ:KNDI), A Stock That Climbed 68% In The Last Year

These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But you can...

Shareholder Returns

KNDIUS Auto ComponentsUS Market
7D-0.8%-2.0%-0.3%
1Y-45.7%8.2%24.1%

Return vs Industry: KNDI underperformed the US Auto Components industry which returned 8.2% over the past year.

Return vs Market: KNDI underperformed the US Market which returned 24.1% over the past year.

Price Volatility

Is KNDI's price volatile compared to industry and market?
KNDI volatility
KNDI Average Weekly Movement7.5%
Auto Components Industry Average Movement6.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: KNDI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: KNDI's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002595Feng Chenwww.kandigroup.com

Kandi Technologies Group, Inc., together with its subsidiaries, produces and sells electric off-road vehicles and associated parts in the People’s Republic of China, the United States, and internationally. The company offers all-terrain vehicles, utility vehicles, go-karts, golf carts, electric scooters, and electric self-balancing scooters for leisure and entertainment, agricultural operations, and site transportation applications. It also provides electric vehicles (EV) products and parts; lithium-ion cells; and battery packs and smart battery swap systems.

Kandi Technologies Group, Inc. Fundamentals Summary

How do Kandi Technologies Group's earnings and revenue compare to its market cap?
KNDI fundamental statistics
Market capUS$53.92m
Earnings (TTM)-US$93.88m
Revenue (TTM)US$87.44m
0.6x
P/S Ratio
-0.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KNDI income statement (TTM)
RevenueUS$87.44m
Cost of RevenueUS$50.15m
Gross ProfitUS$37.29m
Other ExpensesUS$131.18m
Earnings-US$93.88m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-1.14
Gross Margin42.65%
Net Profit Margin-107.37%
Debt/Equity Ratio11.4%

How did KNDI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 05:41
End of Day Share Price 2026/05/15 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kandi Technologies Group, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HeimNOBLE Capital Markets, Inc.