Kandi Extraordinary Items vs Total Operating Expenses Analysis
KNDI Stock | USD 1.26 0.01 0.79% |
Kandi Technologies financial indicator trend analysis is infinitely more than just investigating Kandi Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kandi Technologies is a good investment. Please check the relationship between Kandi Technologies Extraordinary Items and its Total Operating Expenses accounts. 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.
Extraordinary Items vs Total Operating Expenses
Extraordinary Items vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kandi Technologies Extraordinary Items account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kandi Technologies' Extraordinary Items and Total Operating Expenses is -0.56. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Kandi Technologies Group, assuming nothing else is changed. The correlation between historical values of Kandi Technologies' Extraordinary Items and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Kandi Technologies Group are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Extraordinary Items i.e., Kandi Technologies' Extraordinary Items and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Extraordinary Items
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 indicators from Kandi Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Enterprise Value Multiple is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 16.2M | 19.5M | 41.4M | 43.4M | Total Revenue | 91.5M | 117.8M | 123.6M | 104.4M |
Kandi Technologies fundamental ratios Correlations
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Kandi Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kandi Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.4M | 48.1M | 7.0M | 20.2M | 12.7M | 9.2M | |
Total Current Liabilities | 131.9M | 83.8M | 64.2M | 81.5M | 76.7M | 83.7M | |
Total Stockholder Equity | 217.9M | 403.8M | 443.2M | 397.0M | 404.1M | 424.3M | |
Retained Earnings | (16.7M) | (27.1M) | (4.2M) | (16.3M) | (16.3M) | (15.5M) | |
Common Stock Total Equity | 52.8K | 75.4K | 77.4K | 77.7K | 69.9K | 66.4K | |
Common Stock Shares Outstanding | 52.3M | 56.0M | 76.1M | 75.6M | 79.9M | 44.1M | |
Total Liab | 153.4M | 91.5M | 77.0M | 85.3M | 88.9M | 95.6M | |
Common Stock | 52.8K | 75.4K | 77.4K | 77.7K | 87.5K | 47.2K | |
Total Assets | 371.2M | 495.2M | 520.2M | 483.0M | 495.5M | 282.8M | |
Net Debt | 59.4M | (142.0M) | (117.9M) | (59.4M) | 7.8M | 11.4M | |
Cash | 5.5M | 142.1M | 129.2M | 84.1M | 33.8M | 27.9M | |
Cash And Short Term Investments | 5.5M | 142.1M | 184.3M | 165.3M | 67.7M | 37.6M | |
Liabilities And Stockholders Equity | 371.2M | 495.2M | 520.2M | 483.0M | 495.5M | 282.8M | |
Other Current Assets | 5.7M | 50.9M | 63.1M | 73.1M | 75.4M | 79.2M | |
Other Stockholder Equity | 257.2M | 439.5M | 447.1M | 441.6M | 457.3M | 480.2M | |
Total Current Assets | 195.6M | 307.1M | 342.6M | 329.3M | 343.5M | 360.7M | |
Short Long Term Debt Total | 65.5M | 92.4K | 11.4M | 24.7M | 41.5M | 49.0M | |
Net Receivables | 135.0M | 94.5M | 62.1M | 50.5M | 149.9M | 87.5M | |
Non Current Liabilities Total | 21.5M | 7.7M | 12.8M | 3.8M | 12.3M | 14.3M | |
Accumulated Other Comprehensive Income | (22.7M) | (8.8M) | 251.8K | (28.3M) | (37.0M) | (35.1M) | |
Property Plant And Equipment Net | 74.4M | 105.6M | 111.7M | 97.4M | 104.7M | 66.1M | |
Current Deferred Revenue | 1.4M | 7.9M | 38.2M | 11.3M | 2.1M | 2.0M | |
Accounts Payable | 72.1M | 34.3M | 36.7M | 35.3M | 28.7M | 47.2M | |
Non Current Assets Total | 175.6M | 188.1M | 177.6M | 153.7M | 151.9M | 141.2M | |
Non Currrent Assets Other | 6.0M | 4.1M | 11.0M | 10.6M | 365.0K | 346.8K | |
Other Assets | 6.7M | 89.8M | 2.6M | 1.8M | 2.0M | 1.9M | |
Short Term Investments | 47.2M | 0.0 | 55.0M | 81.2M | 33.9M | 31.9M | |
Inventory | 27.7M | 19.7M | 33.2M | 40.5M | 61.6M | 64.6M | |
Property Plant And Equipment Gross | 74.4M | 105.6M | 111.7M | 97.4M | 157.6M | 165.4M | |
Short Term Debt | 50.5M | 92.4K | 9.1M | 24.7M | 33.1M | 30.8M | |
Intangible Assets | 19.1M | 10.8M | 16.5M | 10.9M | 12.9M | 13.8M | |
Property Plant Equipment | 74.4M | 81.7M | 111.6M | 97.2M | 111.7M | 61.3M | |
Other Liab | 7.1M | 7.7M | 10.6M | 3.3M | 3.0M | 5.8M | |
Net Tangible Assets | 174.7M | 367.6M | 390.7M | 352.9M | 405.8M | 243.4M | |
Long Term Debt | 29.4M | 14.9M | 2.2M | 8.4M | 9.6M | 14.0M | |
Good Will | 28.3M | 29.7M | 36.0M | 33.2M | 33.1M | 34.8M | |
Retained Earnings Total Equity | (16.7M) | (27.1M) | (4.2M) | (16.3M) | (14.7M) | (14.0M) | |
Capital Surpluse | 259.7M | 439.5M | 449.5M | 451.4M | 519.1M | 282.7M | |
Deferred Long Term Liab | 1.4M | 3.7M | 2.5M | 1.4M | 1.2M | 2.4M | |
Long Term Investments | 128.9M | 47.2M | 28.9M | 157.3K | 145.0K | 0.0 |
Currently Active Assets on Macroaxis
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.