Kandi Technologies Group, Inc.
KNDI Nasdaq· Motor Vehicle Parts & Accessories
Last close · Oct 27, 2026
$3.68
KIRA · Stoqly’s AI analyst, in plain words
- Kandi Technologies Group, Inc. had $87.4M of revenue in fiscal 2025, down 31.5% on the year before.
- Its operating margin was −65.4%, down 11.5 pts: of every 100 in sales, about −65 is left after running the business.
- Kandi Technologies Group, Inc. lost $93.9M in fiscal 2025.
- Kandi Technologies Group, Inc. owes $1.3M more than it holds in cash.
Market cap
$308M
P/E
—
Revenue
$87.4M
Net income
−$93.9M
Free cash flow
—
Operating margin
−65.4%
Kandi Technologies Group, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−31.5%
No. Sales fell 31.5% last year.
Does it make a profit?
−107.4%
No. It lost money last year.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Kandi Technologies Group, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 28, 2026
- Legal name
- Kandi Technologies Group, Inc.
- CIK
- 0001720250
Kandi Technologies Group, Inc. · KNDI
Results and finances
The last 4 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Sales and profit | ||||
| Revenue | $118M | $124M | $128M | $87.4M |
| Revenue growth | — | 4.9% | 3.2% | −31.5% |
| Gross margin | 16.6% | 33.5% | 30.8% | 42.6% |
| Operating margin | −23.5% | −10.6% | −53.9% | −65.4% |
| Net income | −$12.1M | $0.0M | −$50.5M | −$93.9M |
| Net margin | −10.3% | 0.0% | −39.6% | −107.4% |
| Diluted EPS | −$0.17 | $0.02 | −$0.59 | −$1.14 |
| Cash | ||||
| Cash from operations | $31.5M | −$101M | −$17.8M | $96.8M |
| Share buybacks | $7.5M | $0.5M | $3.9M | — |
| Share count change | — | 5.7% | 8.0% | −3.1% |
| Debt and strength | ||||
| Cash and short-term investments | $84.1M | $33.8M | $37.3M | $35.5M |
| Debt incl. finance leases | — | $17.5M | $43.6M | $36.9M |
| Deposits | — | — | — | $14.0M |
| Shareholders' equity | $398M | $404M | $345M | $270M |
| Current ratio | — | 4.5x | 2.9x | 2.3x |
| Interest coverage | −39.1x | −9.8x | −31.3x | −30.3x |
| Returns and quality | ||||
| Return on capital | — | −2.2% | −15.5% | −16.6% |
| Return on equity | −3.0% | 0.0% | −13.5% | −30.5% |
| Return on tangible equity | −3.0% | 0.0% | −16.3% | −38.0% |
| Piotroski F-score | — | — | 2 | 4 |
| Altman Z'' | — | 8.0 | 4.7 | 2.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Kandi Technologies Group, Inc. · KNDI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $3.68 a share, the company is worth $308M.
Source: SEC EDGAR XBRL filings (CIK 0001720250). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.