Kandi Technologies Group Stock Today
| KNDI Stock | USD 1.73 0.02 1.17% |
Performance0 of 100
| Odds Of DistressLess than 27
|
Kandi Technologies is trading at 1.73 as of the 9th of October 2024. This is a 1.17 percent increase since the beginning of the trading day. The stock's open price was 1.71. Kandi Technologies has about a 27 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Kandi Technologies Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of April 2024 and ending today, the 9th of October 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 4th of September 2007 | Category Consumer Cyclical | Classification Consumer Discretionary |
Kandi Technologies Group, Inc. designs, develops, manufactures, and commercializes electric vehicle products and parts, and off-road vehicles in the Peoples Republic of China and internationally. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the Peoples Republic of China. The company has 87.36 M outstanding shares of which 1.37 M shares are now shorted by private and institutional investors with about 19.08 trading days to cover. More on Kandi Technologies Group
Moving together with Kandi Stock
Moving against Kandi Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Kandi Stock Highlights
| CEO President | Xueqin Dong | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Disruptive Technologies (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Disruptive Technologies, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsKandi Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kandi Technologies' financial leverage. It provides some insight into what part of Kandi Technologies' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kandi Technologies Group (KNDI) is traded on NASDAQ Exchange in USA. It is located in Jinhua New Energy Vehicle Town, Jinhua, China, 321016 and employs 840 people. Kandi Technologies is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 149.38 M. Kandi Technologies conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 87.36 M outstanding shares of which 1.37 M shares are now shorted by private and institutional investors with about 19.08 trading days to cover.
Kandi Technologies Group currently holds about 160.27 M in cash with (68.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Kandi Technologies Probability Of Bankruptcy
Ownership AllocationKandi Technologies maintains a total of 87.36 Million outstanding shares. Kandi Technologies Group secures 16.86 % of its outstanding shares held by insiders and 2.7 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kandi Ownership Details
Kandi Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Quadrant Private Wealth Management, Llc | 2024-06-30 | 22.6 K | |
| Mariner Wealth Advisors, Llc | 2024-06-30 | 21.5 K | |
| Reuter James Wealth Management, Llc | 2024-06-30 | 15 K | |
| Beacon Harbor Wealth Advisors, Inc. | 2024-06-30 | 13.8 K | |
| Millennium Management Llc | 2024-06-30 | 12.9 K | |
| Plan Group Financial, Llc | 2024-06-30 | 12 K | |
| Steel Peak Wealth Management Llc | 2024-06-30 | 10 K | |
| Jpmorgan Chase & Co | 2024-06-30 | 5.9 K | |
| Tradewinds Capital Management, Llc | 2024-06-30 | 3 K | |
| Bridgeway Capital Management, Llc | 2024-06-30 | 753.7 K | |
| D. E. Shaw & Co Lp | 2024-06-30 | 750.3 K |
Kandi Technologies Historical Income Statement
Kandi Stock Against Markets
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 closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Automotive Parts & Equipment space 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 (0.60) | Earnings Share (0.04) | Revenue Per Share 1.466 | Quarterly Revenue Growth 0.089 | Return On Assets (0.02) |
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.