Kandi Technologies Group Stock Z Score

KNDI Stock

USD 2.22 0.06 2.78%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Kandi Technologies Piotroski F Score and Kandi Technologies Valuation analysis.

The Kandi Technologies' current Capital Expenditure Coverage Ratio is estimated to increase to 5.43, while Capital Surpluse is projected to decrease to under 282.7 M. As of now, Kandi Technologies' Income Before Tax is decreasing as compared to previous years. The Kandi Technologies' current Total Other Income Expense Net is estimated to increase to about 15.8 M, while Other Operating Expenses is projected to decrease to under 88.1 M.

Kandi Technologies Group Company Z Score Analysis

Kandi Technologies' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Kandi Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Kandi Technologies is extremely important. It helps to project a fair market value of Kandi Stock properly, considering its historical fundamentals such as Z Score. Since Kandi Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kandi Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kandi Technologies' interrelated accounts and indicators.

	Total Stockholder Equity	Retained Earnings	Total Liab	Common Stock	Total Assets	Net Debt	Total Current Assets	Net Receivables	Current Deferred Revenue	Accounts Payable	Short Term Investments	Short Term Debt	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Good Will	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Stockholder Equity		-0.58	0.12	0.89	0.83	-0.71	0.97	0.32	0.45	0.19	0.27	-0.62	0.3	0.84	0.95	0.01	0.82	0.94	-0.48	-0.33	-0.46	-0.89	0.82	0.82	0.85
Retained Earnings	-0.58		0.07	-0.61	-0.42	0.55	-0.52	-0.01	-0.47	0.02	-0.28	0.49	0.01	-0.47	-0.53	-0.09	-0.81	-0.64	0.26	0.42	0.58	0.54	-0.53	-0.59	-0.65
Total Liab	0.12	0.07		0.08	0.52	0.52	0.22	0.8	-0.04	0.93	0.17	0.49	0.54	0.18	0.09	0.83	-0.06	0.1	-0.26	0.74	0.67	0.11	-0.37	-0.38	-0.32
Common Stock	0.89	-0.61	0.08		0.88	-0.68	0.85	0.3	0.47	0.11	0.3	-0.59	0.26	0.9	0.97	-0.03	0.78	0.99	-0.4	-0.3	-0.46	-0.82	0.78	0.83	0.82
Total Assets	0.83	-0.42	0.52	0.88		-0.38	0.83	0.61	0.43	0.54	0.32	-0.34	0.46	0.86	0.88	0.29	0.6	0.88	-0.51	0.09	-0.05	-0.71	0.5	0.54	0.53
Net Debt	-0.71	0.55	0.52	-0.68	-0.38		-0.59	0.28	-0.63	0.41	-0.06	0.96	0.16	-0.54	-0.72	0.54	-0.67	-0.69	0.19	0.67	0.77	0.89	-0.87	-0.88	-0.85
Total Current Assets	0.97	-0.52	0.22	0.85	0.83	-0.59		0.44	0.39	0.28	0.16	-0.48	0.3	0.76	0.91	0.17	0.75	0.9	-0.45	-0.31	-0.42	-0.78	0.78	0.78	0.81
Net Receivables	0.32	-0.01	0.8	0.3	0.61	0.28	0.44		0.09	0.8	-0.12	0.3	0.34	0.32	0.35	0.6	0.03	0.34	-0.51	0.38	0.46	-0.05	-0.1	-0.08	-0.02
Current Deferred Revenue	0.45	-0.47	-0.04	0.47	0.43	-0.63	0.39	0.09		-0.02	-0.17	-0.68	0.0	0.29	0.49	-0.18	0.38	0.47	-0.13	-0.18	-0.34	-0.7	0.35	0.43	0.37
Accounts Payable	0.19	0.02	0.93	0.11	0.54	0.41	0.28	0.8	-0.02		0.22	0.35	0.34	0.22	0.17	0.77	0.01	0.17	-0.5	0.63	0.68	0.0	-0.31	-0.33	-0.27
Short Term Investments	0.27	-0.28	0.17	0.3	0.32	-0.06	0.16	-0.12	-0.17	0.22		-0.08	0.36	0.53	0.23	0.16	0.48	0.31	-0.29	0.19	0.07	-0.25	0.09	0.06	0.13
Short Term Debt	-0.62	0.49	0.49	-0.59	-0.34	0.96	-0.48	0.3	-0.68	0.35	-0.08		0.21	-0.47	-0.64	0.56	-0.62	-0.6	0.26	0.61	0.66	0.87	-0.75	-0.76	-0.71
Intangible Assets	0.3	0.01	0.54	0.26	0.46	0.16	0.3	0.34	0.0	0.34	0.36	0.21		0.46	0.2	0.29	0.26	0.24	0.06	0.42	0.15	-0.15	-0.05	-0.02	-0.01
Property Plant Equipment	0.84	-0.47	0.18	0.9	0.86	-0.54	0.76	0.32	0.29	0.22	0.53	-0.47	0.46		0.88	-0.06	0.72	0.9	-0.52	-0.12	-0.23	-0.76	0.63	0.66	0.66
Net Tangible Assets	0.95	-0.53	0.09	0.97	0.88	-0.72	0.91	0.35	0.49	0.17	0.23	-0.64	0.2	0.88		-0.05	0.74	0.98	-0.5	-0.31	-0.41	-0.88	0.82	0.84	0.83
Long Term Debt	0.01	-0.09	0.83	-0.03	0.29	0.54	0.17	0.6	-0.18	0.77	0.16	0.56	0.29	-0.06	-0.05		0.01	0.02	-0.06	0.54	0.44	0.28	-0.29	-0.33	-0.23
Good Will	0.82	-0.81	-0.06	0.78	0.6	-0.67	0.75	0.03	0.38	0.01	0.48	-0.62	0.26	0.72	0.74	0.01		0.82	-0.32	-0.44	-0.64	-0.75	0.72	0.75	0.81
Capital Surpluse	0.94	-0.64	0.1	0.99	0.88	-0.69	0.9	0.34	0.47	0.17	0.31	-0.6	0.24	0.9	0.98	0.02	0.82		-0.47	-0.32	-0.46	-0.85	0.8	0.84	0.85
Deferred Long Term Liab	-0.48	0.26	-0.26	-0.4	-0.51	0.19	-0.45	-0.51	-0.13	-0.5	-0.29	0.26	0.06	-0.52	-0.5	-0.06	-0.32	-0.47		0.15	-0.19	0.38	-0.19	-0.2	-0.23
Long Term Investments	-0.33	0.42	0.74	-0.3	0.09	0.67	-0.31	0.38	-0.18	0.63	0.19	0.61	0.42	-0.12	-0.31	0.54	-0.44	-0.32	0.15		0.84	0.35	-0.68	-0.71	-0.67
Long Term Debt Total	-0.46	0.58	0.67	-0.46	-0.05	0.77	-0.42	0.46	-0.34	0.68	0.07	0.66	0.15	-0.23	-0.41	0.44	-0.64	-0.46	-0.19	0.84		0.51	-0.78	-0.81	-0.8
Short Long Term Debt	-0.89	0.54	0.11	-0.82	-0.71	0.89	-0.78	-0.05	-0.7	0.0	-0.25	0.87	-0.15	-0.76	-0.88	0.28	-0.75	-0.85	0.38	0.35	0.51		-0.78	-0.8	-0.77
Net Invested Capital	0.82	-0.53	-0.37	0.78	0.5	-0.87	0.78	-0.1	0.35	-0.31	0.09	-0.75	-0.05	0.63	0.82	-0.29	0.72	0.8	-0.19	-0.68	-0.78	-0.78		0.98	0.97
Net Working Capital	0.82	-0.59	-0.38	0.83	0.54	-0.88	0.78	-0.08	0.43	-0.33	0.06	-0.76	-0.02	0.66	0.84	-0.33	0.75	0.84	-0.2	-0.71	-0.81	-0.8	0.98		0.97
Capital Stock	0.85	-0.65	-0.32	0.82	0.53	-0.85	0.81	-0.02	0.37	-0.27	0.13	-0.71	-0.01	0.66	0.83	-0.23	0.81	0.85	-0.23	-0.67	-0.8	-0.77	0.97	0.97

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Kandi Technologies

Based on the company's disclosures, Kandi Technologies Group has a Z Score of 0.0. This is 100.0% lower than that of the Automobile Components sector and 100.0% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 100.0% higher than that of the company.

Kandi Technologies Institutional Holders

Institutional Holdings refers to the ownership stake in Kandi Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kandi Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kandi Technologies' value.

		Shares
Quadrature Capital Llp	2023-12-31	64.1 K
Walleye Trading Advisors, Llc	2023-12-31	57 K
Two Sigma Investments Llc	2023-12-31	51.2 K
Marshall Wace Asset Management Ltd	2023-12-31	51.1 K
Two Sigma Advisers, Llc	2023-12-31	47.4 K
Geode Capital Management, Llc	2023-03-31	44.6 K
Group One Trading, Lp	2023-12-31	32.5 K
Hanson Mcclain Inc	2023-12-31	29 K
Quadrant Private Wealth Management, Llc	2023-12-31	22.6 K
D. E. Shaw & Co Lp	2023-09-30	1 M
Bridgeway Capital Management, Llc	2023-12-31	722.2 K

Kandi Fundamentals

	Return On Equity	0.0042
	Return On Asset	-0.0148
	Profit Margin	0.0001 %
	Operating Margin	(0.25) %
	Current Valuation	146.52 M
	Shares Outstanding	87.36 M
	Shares Owned By Insiders	16.86 %
	Shares Owned By Institutions	3.78 %
	Number Of Shares Shorted	1.46 M
	Price To Earning	11.10 X
	Price To Book	0.45 X
	Price To Sales	1.48 X
	Revenue	123.6 M
	Gross Profit	19.52 M
	EBITDA	301.05 K
	Net Income	7.13 K
	Cash And Equivalents	160.27 M
	Cash Per Share	2.12 X
	Total Debt	41.53 M
	Debt To Equity	0.05 %
	Current Ratio	4.95 X
	Book Value Per Share	4.63 X
	Cash Flow From Operations	(68.53 M)
	Short Ratio	13.61 X
	Target Price	5.0
	Number Of Employees	840
	Beta	1.48
	Market Capitalization	193.94 M
	Total Asset	495.46 M
	Retained Earnings	(16.33 M)
	Working Capital	266.87 M
	Current Asset	190.87 M
	Current Liabilities	130.95 M
	Net Asset	495.46 M

About Kandi Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kandi Technologies Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kandi Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kandi Technologies Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Kandi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kandi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kandi Technologies Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kandi Technologies Group Stock:

How To Invest In Kandi

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Is Kandi Stock a good investment?

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What is Kandi Technologies' Net Worth?

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Check out Kandi Technologies Piotroski F Score and Kandi Technologies Valuation analysis.

Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Kandi Stock analysis

When running Kandi Technologies' price analysis, check to measure Kandi Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kandi Technologies is operating at the current time. Most of Kandi Technologies' value examination focuses on studying past and present price action to predict the probability of Kandi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kandi Technologies' price. Additionally, you may evaluate how the addition of Kandi Technologies to your portfolios can decrease your overall portfolio volatility.

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Is Kandi Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kandi Technologies. If investors know Kandi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kandi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.137

Revenue Per Share

1.569

Quarterly Revenue Growth

(0.26)

Return On Assets

(0.01)

Return On Equity

0.0042

The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Kandi Technologies Group Stock Z Score

Kandi Technologies Group Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Kandi Z Score Driver Correlations

Kandi Technologies Institutional Holders

Kandi Fundamentals

About Kandi Technologies Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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