Kandi Historical Income Statement
| KNDI Stock | USD 1.21 0.04 3.42% |
Historical analysis of Kandi Technologies income statement accounts such as Ebitda of 15.8 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.
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.
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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
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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.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Kandi Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Kandi Technologies Group minus its cost of goods sold. It is profit before Kandi Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 closely tied with the direction of predictive economic indicators such as signals in unemployment. As of now, Kandi Technologies' Total Operating Expenses is increasing as compared to previous years. The Kandi Technologies' current Income Before Tax is estimated to increase to about 3.3 M, while Other Operating Expenses is projected to decrease to under 88.2 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 19.5M | 41.4M | 47.6M | 50.0M | Total Revenue | 117.8M | 123.6M | 142.1M | 104.4M |
Kandi Technologies income statement Correlations
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Kandi Technologies Account Relationship Matchups
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Kandi Technologies income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 3.8M | 407.6K | 707.5K | 1.3M | 1.5M | 2.1M | |
| Other Operating Expenses | 89.2M | 137.3M | 140.5M | 136.7M | 157.1M | 88.2M | |
| Operating Income | (12.3M) | (45.8M) | (22.7M) | (13.1M) | (11.7M) | (11.2M) | |
| Ebit | (12.9M) | (45.8M) | (12.6M) | 4.8M | 4.3M | 4.5M | |
| Ebitda | (5.3M) | (29.4M) | (379.3K) | 16.7M | 15.0M | 15.8M | |
| Total Operating Expenses | 25.8M | 62.1M | 42.2M | 54.4M | 62.6M | 65.7M | |
| Income Before Tax | (15.4M) | 29.2M | (13.3M) | 3.5M | 3.1M | 3.3M | |
| Total Other Income Expense Net | (16.2M) | 75.0M | 14.3M | 16.5M | 19.0M | 20.0M | |
| Net Income | (10.4M) | 22.9M | (12.9M) | 7.1K | 6.4K | 6.7K | |
| Income Tax Expense | (5.0M) | 6.3M | (487.5K) | 1.8M | 2.1M | 2.2M | |
| Selling General Administrative | 13.0M | 19.6M | 32.3M | 35.4M | 40.7M | 42.7M | |
| Selling And Marketing Expenses | 6.6M | 4.7M | 5.5M | 13.3M | 15.3M | 16.1M | |
| Depreciation And Amortization | 7.6M | 16.5M | 12.3M | 11.9M | 13.7M | 14.4M | |
| Total Revenue | 76.9M | 91.5M | 117.8M | 123.6M | 142.1M | 104.4M | |
| Gross Profit | 13.5M | 16.2M | 19.5M | 41.4M | 47.6M | 50.0M | |
| Research Development | 7.2M | 39.0M | 6.0M | 4.3M | 4.9M | 9.5M | |
| Cost Of Revenue | 63.4M | 75.2M | 98.3M | 82.2M | 94.6M | 85.0M | |
| Net Income Applicable To Common Shares | (7.2M) | (10.4M) | 22.9M | (12.1M) | (10.9M) | (10.4M) | |
| Net Income From Continuing Ops | (10.4M) | 22.9M | (12.9M) | (4.2M) | (3.8M) | (3.9M) | |
| Non Operating Income Net Other | (4.0M) | (12.4M) | 28.3M | 15.0M | 17.3M | 8.8M | |
| Tax Provision | (5.0M) | 6.3M | (487.5K) | (318.6K) | (286.7K) | (272.4K) | |
| Interest Income | 2.2M | 4.2M | 6.4M | 7.7M | 6.9M | 4.4M | |
| Net Interest Income | (1.6M) | 3.8M | 5.7M | 6.7M | 7.7M | 8.1M | |
| Reconciled Depreciation | 8.2M | 10.0M | 12.4M | 11.9M | 13.6M | 9.4M |
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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 closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 | Quarterly Revenue Growth 0.089 | Return On Assets |
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.