Kandi Technologies Group Past Earnings Performance
Past criteria checks 2/6
Kandi Technologies Group has been growing earnings at an average annual rate of 14%, while the Auto Components industry saw earnings growing at 12.4% annually. Revenues have been declining at an average rate of 0.5% per year. Kandi Technologies Group's return on equity is 0.4%, and it has net margins of 0.01%.
Key information
14.0%
Earnings growth rate
20.3%
EPS growth rate
| Auto Components Industry Growth | 10.5% |
| Revenue growth rate | -0.5% |
| Return on equity | 0.4% |
| Net Margin | 0.006% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Investors Still Waiting For A Pull Back In Kandi Technologies Group, Inc. (NASDAQ:KNDI)
Jan 17
Kandi Technologies Hoping For Sweeter Results From A Shift In Its EV Focus
Jan 16Kandi Technologies GAAP EPS of -$0.02, revenue of $20.84M
Aug 08What Does Kandi Technologies Group, Inc.'s (NASDAQ:KNDI) Share Price Indicate?
Mar 18Revisiting Kandi - I'm No Longer Bearish Following The Launch Of $20 Million Share Buyback
Dec 09Here's Why I Think Kandi Technologies Group (NASDAQ:KNDI) Might Deserve Your Attention Today
Nov 09Kandi Technologies EPS misses by $0.06, misses on revenue
May 10Revisiting Kandi, The Company Still Looks Overvalued Based On Fundamentals
Apr 27How Many Kandi Technologies Group, Inc. (NASDAQ:KNDI) Shares Have Insiders Sold, In The Last Year?
Feb 18Kandi Technologies +15% after announcing agreement with Hangzhou Branch of the Agricultural Bank of China
Dec 29Introducing Kandi Technologies Group (NASDAQ:KNDI), A Stock That Climbed 68% In The Last Year
Dec 11
Kandi America secures additional certification in California
Dec 09Kandi details how Hindenburg short report is misleading
Dec 07Kandi Technologies sinks after Hindenburg warns on fake sales
Nov 30EV stocks head higher again led by Kandi, Ayro and Li Auto
Nov 23Kandi on deck with $100M equity offering
Nov 20Kandi +14% after Texas rebate approval, Tesla S&P development
Nov 17Kandi Technologies EPS beats by $0.08, misses on revenue
Nov 09Green light for Kandi Technologies on California roads
Nov 03Kandi initiates process to list battery swap subsidiary on STAR market
Nov 02Revenue & Expenses BreakdownBeta
How Kandi Technologies Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 124 | 0 | 49 | 4 |
| 30 Sep 23 | 134 | -4 | 51 | 5 |
| 30 Jun 23 | 131 | -5 | 44 | 5 |
| 31 Mar 23 | 116 | -11 | 40 | 6 |
| 31 Dec 22 | 118 | -12 | 38 | 6 |
| 30 Sep 22 | 108 | -7 | 29 | 11 |
| 30 Jun 22 | 91 | -15 | 27 | 16 |
| 31 Mar 22 | 100 | 28 | 26 | 18 |
| 31 Dec 21 | 91 | 23 | 24 | 39 |
| 30 Sep 21 | 95 | 15 | 23 | 36 |
| 30 Jun 21 | 97 | 22 | 23 | 31 |
| 31 Mar 21 | 87 | -15 | 21 | 28 |
| 31 Dec 20 | 77 | -10 | 20 | 7 |
| 30 Sep 20 | 106 | -7 | 19 | 7 |
| 30 Jun 20 | 119 | 7 | 18 | 7 |
| 31 Mar 20 | 124 | -4 | 20 | 6 |
| 31 Dec 19 | 136 | -7 | 18 | 6 |
| 30 Sep 19 | 124 | -4 | 18 | 5 |
| 30 Jun 19 | 130 | -23 | 17 | 10 |
| 31 Mar 19 | 122 | -14 | 14 | 10 |
| 31 Dec 18 | 112 | -6 | 12 | 10 |
| 30 Sep 18 | 106 | 4 | 10 | 8 |
| 30 Jun 18 | 96 | 12 | 9 | 3 |
| 31 Mar 18 | 107 | 0 | 9 | 8 |
| 31 Dec 17 | 103 | -28 | 13 | 28 |
| 30 Sep 17 | 77 | -43 | 13 | 52 |
| 30 Jun 17 | 55 | -45 | 12 | 52 |
| 31 Mar 17 | 83 | -31 | 18 | 47 |
| 31 Dec 16 | 129 | -7 | 22 | 27 |
| 30 Sep 16 | 171 | 3 | 31 | 3 |
| 30 Jun 16 | 215 | 6 | 40 | 3 |
| 31 Mar 16 | 208 | 9 | 33 | 3 |
| 31 Dec 15 | 201 | 15 | 29 | 3 |
| 30 Sep 15 | 195 | 16 | 19 | 2 |
| 30 Jun 15 | 189 | 27 | 13 | 2 |
| 31 Mar 15 | 174 | 32 | 13 | 2 |
| 31 Dec 14 | 170 | 12 | 15 | 3 |
| 30 Sep 14 | 168 | -4 | 24 | 4 |
| 30 Jun 14 | 141 | -25 | 24 | 5 |
| 31 Mar 14 | 120 | -37 | 22 | 4 |
| 31 Dec 13 | 95 | -21 | 16 | 4 |
| 30 Sep 13 | 70 | -4 | 7 | 3 |
| 30 Jun 13 | 66 | 4 | 5 | 3 |
Quality Earnings: KNDI has a high level of non-cash earnings.
Growing Profit Margin: KNDI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KNDI has become profitable over the past 5 years, growing earnings by 14% per year.
Accelerating Growth: KNDI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: KNDI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (6.3%).
Return on Equity
High ROE: KNDI's Return on Equity (0.4%) is considered low.