Kandi Technologies Group Stock Current Asset
KNDI Stock | USD 1.15 0.05 4.55% |
Kandi Technologies Group fundamentals help investors to digest information that contributes to Kandi Technologies' financial success or failures. It also enables traders to predict the movement of Kandi Stock. The fundamental analysis module provides a way to measure Kandi Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kandi Technologies stock.
The Kandi Technologies' current Total Current Assets is estimated to increase to about 360.7 M, while Other Current Assets are projected to decrease to under 4.3 M. Kandi | Current Asset |
Kandi Technologies Group Company Current Asset Analysis
Kandi Technologies' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Kandi Technologies Current Asset | 190.87 M |
Most of Kandi Technologies' fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kandi Technologies Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Kandi Current Asset Historical Pattern
Today, most investors in Kandi Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kandi Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Kandi Technologies current asset as a starting point in their analysis.
Kandi Technologies Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Kandi Total Assets
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In accordance with the recently published financial statements, Kandi Technologies Group has a Current Asset of 190.87 M. This is 99.63% lower than that of the Automobile Components sector and 89.47% lower than that of the Consumer Discretionary industry. The current asset for all United States stocks is 97.96% higher than that of the company.
Kandi Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kandi Technologies' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kandi Technologies could also be used in its relative valuation, which is a method of valuing Kandi Technologies by comparing valuation metrics of similar companies.Kandi Technologies is currently under evaluation in current asset category among its peers.
Kandi Fundamentals
Return On Equity | -0.0024 | |||
Return On Asset | -0.0194 | |||
Profit Margin | (0.01) % | |||
Operating Margin | (0.03) % | |||
Current Valuation | 84.43 M | |||
Shares Outstanding | 86.07 M | |||
Shares Owned By Insiders | 16.86 % | |||
Shares Owned By Institutions | 2.35 % | |||
Number Of Shares Shorted | 1.53 M | |||
Price To Earning | 11.10 X | |||
Price To Book | 0.23 X | |||
Price To Sales | 0.79 X | |||
Revenue | 123.6 M | |||
Gross Profit | 19.52 M | |||
EBITDA | 16.71 M | |||
Net Income | 1.67 M | |||
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 | (101.16 M) | |||
Short Ratio | 6.01 X | |||
Earnings Per Share | (0.08) X | |||
Target Price | 5.0 | |||
Number Of Employees | 840 | |||
Beta | 1.4 | |||
Market Capitalization | 94.68 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:Check out Kandi Technologies Piotroski F Score and Kandi Technologies Altman Z Score analysis. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 (0.08) | 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.