Kandi Historical Income Statement

KNDI Stock  USD 2.07  0.01  0.48%   
Historical analysis of Kandi Technologies income statement accounts such as Total Operating Expenses of 55.6 M can show how well Kandi Technologies Group performed in making a profits. Evaluating Kandi Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kandi Technologies's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Kandi Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kandi Technologies is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

About Kandi Income Statement Analysis

Kandi Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kandi Technologies shareholders. The income statement also shows Kandi investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kandi Technologies Income Statement Chart

Kandi Technologies Group Income Statement is one of the three primary financial statements used for reporting Kandi's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kandi Technologies revenue and expense. Kandi Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kandi Technologies. It is also known as Kandi Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Kandi Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kandi Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
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.
 2021 2022 2023 2024 (projected)
Gross Profit16.2M19.5M41.4M43.4M
Total Revenue91.5M117.8M123.6M104.4M

Kandi Technologies income statement Correlations

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0.18-0.32-0.10.00.510.170.290.130.290.60.160.060.930.470.290.920.020.41-0.16-0.240.080.240.040.04
0.48-0.320.890.72-0.680.02-0.550.020.0-0.38-0.46-0.23-0.040.02-0.88-0.060.06-0.440.360.6-0.34-0.440.030.03
0.44-0.10.890.85-0.690.16-0.490.150.14-0.28-0.44-0.360.20.04-0.770.20.18-0.150.420.63-0.36-0.580.110.11
0.130.00.720.85-0.460.31-0.250.270.360.00.1-0.250.250.17-0.720.240.270.130.560.740.11-0.4-0.04-0.04
-0.230.51-0.68-0.69-0.460.120.630.10.040.820.520.680.310.610.440.25-0.030.35-0.43-0.470.640.78-0.55-0.55
-0.330.170.020.160.310.120.750.980.720.080.240.020.190.150.010.190.950.690.630.340.260.03-0.09-0.09
-0.510.29-0.55-0.49-0.250.630.750.750.440.340.510.250.10.140.450.10.710.690.22-0.020.490.45-0.15-0.15
-0.310.130.020.150.270.10.980.750.60.030.170.00.130.070.00.140.980.670.570.360.210.04-0.05-0.05
-0.280.290.00.140.360.040.720.440.60.120.34-0.110.350.230.110.330.560.560.770.180.19-0.130.010.01
-0.160.6-0.38-0.280.00.820.080.340.030.120.520.70.550.830.040.48-0.10.4-0.37-0.320.710.7-0.64-0.64
-0.630.16-0.46-0.440.10.520.240.510.170.340.520.260.030.220.210.010.120.50.180.080.870.41-0.29-0.29
-0.190.06-0.23-0.36-0.250.680.020.250.0-0.110.70.260.030.74-0.08-0.06-0.110.07-0.5-0.490.630.77-0.85-0.85
0.260.93-0.040.20.250.310.190.10.130.350.550.030.030.560.030.990.040.37-0.04-0.10.010.06-0.04-0.04
0.120.470.020.040.170.610.150.140.070.230.830.220.740.56-0.20.46-0.080.18-0.22-0.220.530.48-0.8-0.8
-0.280.29-0.88-0.77-0.720.440.010.450.00.110.040.21-0.080.03-0.20.07-0.020.33-0.15-0.540.00.080.190.19
0.260.92-0.060.20.240.250.190.10.140.330.480.01-0.060.990.460.070.060.37-0.02-0.09-0.05-0.020.030.03
-0.360.020.060.180.27-0.030.950.710.980.56-0.10.12-0.110.04-0.08-0.020.060.640.620.430.13-0.050.060.06
-0.660.41-0.44-0.150.130.350.690.690.670.560.40.50.070.370.180.330.370.640.30.040.480.18-0.08-0.08
-0.19-0.160.360.420.56-0.430.630.220.570.77-0.370.18-0.5-0.04-0.22-0.15-0.020.620.30.66-0.02-0.490.280.28
0.03-0.240.60.630.74-0.470.34-0.020.360.18-0.320.08-0.49-0.1-0.22-0.54-0.090.430.040.660.02-0.470.220.22
-0.590.08-0.34-0.360.110.640.260.490.210.190.710.870.630.010.530.0-0.050.130.48-0.020.020.6-0.67-0.67
-0.260.24-0.44-0.58-0.40.780.030.450.04-0.130.70.410.770.060.480.08-0.02-0.050.18-0.49-0.470.6-0.45-0.45
0.120.040.030.11-0.04-0.55-0.09-0.15-0.050.01-0.64-0.29-0.85-0.04-0.80.190.030.06-0.080.280.22-0.67-0.451.0
0.120.040.030.11-0.04-0.55-0.09-0.15-0.050.01-0.64-0.29-0.85-0.04-0.80.190.030.06-0.080.280.22-0.67-0.451.0
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Kandi Technologies Account Relationship Matchups

Kandi Technologies income statement Accounts

201920202021202220232024 (projected)
Interest Expense4.8M3.8M407.6K707.5K1.3M2.1M
Other Operating Expenses134.0M89.2M137.3M140.5M135.2M88.1M
Operating Income1.7M(12.3M)(45.8M)(22.7M)(11.6M)(11.0M)
Ebit1.7M(12.3M)(45.8M)(22.7M)(11.6M)(11.0M)
Ebitda(14.2M)(17.1M)(29.4M)(1.1M)301.1K597.4K
Total Operating Expenses23.7M25.8M62.1M42.2M53.0M55.6M
Income Before Tax(7.9M)(15.4M)29.2M(13.3M)3.5M3.6M
Total Other Income Expense Net(9.6M)(3.2M)75.0M9.4M15.1M15.8M
Net Income(7.2M)(10.4M)22.9M(12.9M)7.1K7.5K
Income Tax Expense(692.3K)(5.0M)6.3M(487.5K)1.8M1.0M
Selling General Administrative14.2M13.0M19.6M32.3M35.4M37.2M
Depreciation And Amortization(15.9M)(4.8M)16.5M21.6M11.9M12.5M
Selling And Marketing Expenses4.1M6.6M4.7M5.5M13.3M14.0M
Total Revenue135.7M76.9M91.5M117.8M123.6M104.4M
Gross Profit25.4M13.5M16.2M19.5M41.4M43.4M
Research Development6.2M7.2M39.0M6.0M4.3M4.1M
Cost Of Revenue110.3M63.4M75.2M98.3M82.2M85.0M
Net Income Applicable To Common Shares(7.2M)(10.4M)22.9M(12.1M)(10.9M)(10.4M)
Net Income From Continuing Ops(7.2M)(10.4M)22.9M(12.9M)(4.2M)(4.0M)
Non Operating Income Net Other(4.0M)(12.4M)28.3M15.0M17.3M8.8M
Tax Provision(692.3K)(5.0M)6.3M(487.5K)(318.6K)(302.7K)
Interest Income791.9K2.2M4.2M6.4M7.7M4.4M
Net Interest Income(4.0M)(1.6M)3.8M5.7M6.7M7.0M
Reconciled Depreciation8.2M8.2M10.0M12.4M11.9M9.4M

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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:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
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 Stocks Directory module to find actively traded stocks across global markets.

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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.