NasdaqGS:KNDI

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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. More Details


Snowflake Analysis

Adequate balance sheet with limited growth.

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 is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: KNDI's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

12.9%

KNDI

6.0%

US Auto Components

2.8%

US Market


1 Year Return

185.5%

KNDI

19.4%

US Auto Components

20.9%

US Market

Return vs Industry: KNDI exceeded the US Auto Components industry which returned 19.4% over the past year.

Return vs Market: KNDI exceeded the US Market which returned 20.9% over the past year.


Shareholder returns

KNDIIndustryMarket
7 Day12.9%6.0%2.8%
30 Day117.6%24.0%12.8%
90 Day102.4%26.6%6.6%
1 Year185.5%185.5%20.4%19.4%23.6%20.9%
3 Year85.3%85.3%0.4%-10.3%47.3%37.6%
5 Year37.6%37.6%34.2%12.7%94.3%72.9%

Long-Term 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

Valuation

Is Kandi Technologies Group undervalued compared to its fair value and its price relative to the market?

3.31x

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 (3.3x) compared to the US Auto Components industry average (2.1x).


Next Steps

Future Growth

How is Kandi Technologies Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

32.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if KNDI's forecast earnings growth is above the savings rate (2.2%).

Earnings vs Market: Insufficient data to determine if KNDI's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: KNDI's revenue (32.2% per year) is forecast to grow faster than the US market (10.3% per year).

High Growth Revenue: KNDI's revenue (32.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if KNDI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Kandi Technologies Group performed over the past 5 years?

-10.9%

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 10.9% 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 (-10.3%).


Return on Equity

High ROE: KNDI has a negative Return on Equity (-2.9%), 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 ($183.8M) exceed its short term liabilities ($104.0M).

Long Term Liabilities: KNDI's short term assets ($183.8M) exceed its long term liabilities ($19.6M).


Debt to Equity History and Analysis

Debt Level: KNDI's debt to equity ratio (12.9%) is considered satisfactory.

Reducing Debt: KNDI's debt to equity ratio has reduced from 17.5% to 12.9% 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 20.7% 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?

7.0yrs

Average management tenure


CEO

Xiaoming Hu (63 yo)

13.42yrs

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 ($USD316.12K) is below average for companies of similar size in the US market ($USD2.56M).

Compensation vs Earnings: Xiaoming's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Xiaoming Hu
Chairman13.42yrsUS$316.12k19.73%
$ 194.4m
Ming Jehn
Chief Financial Officer0.50yrno datano data
Kewa Luo
Manager of Investor Relationsno datano datano data
Cathy Cao
Executive Vice President of Finance10.08yrsno datano data
Cheng Wang
Chief Strategy Officer4yrsUS$15.55kno data

7.0yrs

Average Tenure

47yo

Average Age

Experienced Management: KNDI's management team is seasoned and experienced (7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xiaoming Hu
Chairman13.42yrsUS$316.12k19.73%
$ 194.4m
Jerry B. Lewin
Independent Director10yrsUS$50.50k0.12%
$ 1.2m
Henry Yu
Independent Director9.33yrsUS$42.10k0.16%
$ 1.5m
Liming Chen
Independent Director8.5yrsUS$8.69kno data
Yi Lin
Independent Director3.5yrsUS$8.69kno data
Lin Wang
Director0.92yrno data0.0083%
$ 81.7k
Chenming Sun
Director0.92yrno data0.018%
$ 177.0k

8.5yrs

Average Tenure

65yo

Average Age

Experienced Board: KNDI's board of directors are considered experienced (8.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: KNDI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 38.3%.


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$985.782m
  • Shares outstanding: 72.38m
  • Website: https://www.kandivehicle.com

Number of Employees


Location

  • Kandi Technologies Group, Inc.
  • Jinhua City Industrial Zone
  • Jinhua
  • Zhejiang Province
  • 321016
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KNDINasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 2007
K8ADB (Deutsche Boerse AG)YesCommon StockDEEURJul 2007
0QZ7LSE (London Stock Exchange)YesCommon StockGBUSDJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 23:08
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.