NasdaqGS:KNDI

Stock Analysis Report

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.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • Kandi Technologies Group is not covered by any analysts.

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


Market Performance


7 Day Return

-2.1%

KNDI

-4.1%

US Auto Components

-0.6%

US Market


1 Year Return

-3.2%

KNDI

-22.4%

US Auto Components

0.7%

US Market

KNDI outperformed the Auto Components industry which returned -23.3% over the past year.

KNDI underperformed the Market in United States of America which returned 0.7% over the past year.


Share holder returns

KNDIIndustryMarket
7 Day-2.1%-4.1%-0.6%
30 Day0.8%12.4%4.9%
90 Day8.1%0.6%1.7%
1 Year-3.2%-3.2%-21.2%-22.4%3.0%0.7%
3 Year-9.3%-9.3%7.0%-4.7%44.8%35.4%
5 Year-62.2%-62.2%16.5%0.5%62.0%44.3%

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 based on future cash flows and its price relative to the stock market?

1.23x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Kandi Technologies Group to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Kandi Technologies Group to establish if it is available at substantial discount.


Price Based on Earnings

Kandi Technologies Group is loss making, we can't compare its value to the US Auto Components industry average.

Kandi Technologies Group is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Kandi Technologies Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Kandi Technologies Group is overvalued based on assets compared to the US Auto Components industry average.


Next Steps

Future Growth

How is Kandi Technologies Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.3%

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

Past Performance

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

-31.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Kandi Technologies Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Kandi Technologies Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Kandi Technologies Group's 1-year growth to the US Auto Components industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Kandi Technologies Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Kandi Technologies Group has efficiently used its assets last year compared to the US Auto Components industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Kandi Technologies Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Kandi Technologies Group's financial position?


Financial Position Analysis

Kandi Technologies Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Kandi Technologies Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Kandi Technologies Group's level of debt (37%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (43.7% vs 37% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2x debt.


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.

Kandi Technologies Group has less than a year of cash runway based on current free cash flow.

Kandi Technologies Group has less than a year of cash runway if free cash flow continues to reduce at historical rates of -59.8% each year.


Next Steps

Dividend

What is Kandi Technologies Group's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Kandi Technologies Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Kandi Technologies Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Kandi Technologies Group has not reported any payouts.

Unable to verify if Kandi Technologies Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Kandi Technologies Group has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Kandi Technologies Group's salary, the management and board of directors tenure and is there insider trading?

5.9yrs

Average management tenure


CEO

Xiaoming Hu (62yo)

12.3yrs

Tenure

US$826,269

Compensation

Mr. Xiaoming Hu has been Chief Executive Officer and President of Kandi Technolgies Group, Inc. (alternate name: Kandi Technologies Corp.) since June 29, 2007. Mr. Hu has been President and Chief Executive ...


CEO Compensation Analysis

Xiaoming's remuneration is lower than average for companies of similar size in United States of America.

Xiaoming's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.9yrs

Average Tenure

48yo

Average Age

The average tenure for the Kandi Technologies Group management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.8yrs

Average Tenure

64.5yo

Average Age

The tenure for the Kandi Technologies Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$49,70017 May 19
Xiaoming Hu
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares10,000
Max PriceUS$4.97
BuyUS$579,65216 May 19
Xiaoming Hu
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares122,032
Max PriceUS$4.75
BuyUS$756,24028 Mar 19
Xiaoming Hu
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares137,000
Max PriceUS$5.52

Ownership Breakdown


Management Team

  • Emily Zhu (48yo)

    Interim Chief Financial Officer

    • Tenure: 0.7yrs
    • Compensation: US$1.38m
  • Xiaoming Hu (62yo)

    Chairman

    • Tenure: 12.3yrs
    • Compensation: US$826.27k
  • Henry Wang (46yo)

    Chief Strategy Officer

    • Tenure: 2.8yrs
    • Compensation: US$15.55k
  • Cathy Cao

    Executive Vice President of Finance

    • Tenure: 8.9yrs
  • Kewa Luo

    Manager of Investor Relations

    • Tenure: 0yrs

Board Members

  • Jerry Lewin (64yo)

    Independent Director

    • Tenure: 8.8yrs
    • Compensation: US$50.50k
  • Xiaoming Hu (62yo)

    Chairman

    • Tenure: 12.3yrs
    • Compensation: US$826.27k
  • Henry Yu (65yo)

    Independent Director

    • Tenure: 8.2yrs
    • Compensation: US$42.10k
  • Liming Chen (82yo)

    Independent Director

    • Tenure: 7.3yrs
    • Compensation: US$9.07k
  • Lin Yi (66yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$8.73k
  • Feng Zhu (48yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$8.73k

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$268.323m
  • Shares outstanding: 52.82m
  • 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 Analysis2019/09/23 00:06
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.