Kandi Non Recurring vs Other 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 Non Recurring and its Other 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.

Non Recurring vs Other Operating Expenses

Non Recurring vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kandi Technologies Non Recurring account and Other Operating Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Kandi Technologies' Non Recurring and Other Operating Expenses is 0.04. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Other 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' Non Recurring and Other 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 Non Recurring of Kandi Technologies Group are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Non Recurring i.e., Kandi Technologies' Non Recurring and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Recurring

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.
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 Profit16.2M19.5M41.4M43.4M
Total Revenue91.5M117.8M123.6M104.4M

Kandi Technologies fundamental ratios Correlations

-0.030.45-0.36-0.140.29-0.070.480.41-0.640.690.540.370.430.38-0.450.02-0.310.470.83-0.120.26-0.10.68-0.190.09
-0.030.160.1-0.140.170.990.110.550.47-0.22-0.25-0.320.150.260.740.830.670.19-0.040.940.760.680.350.14-0.03
0.450.16-0.58-0.320.860.120.890.83-0.60.710.750.840.990.97-0.280.32-0.120.880.510.190.590.10.260.270.8
-0.360.1-0.580.37-0.530.07-0.61-0.420.46-0.49-0.49-0.64-0.67-0.520.29-0.01-0.09-0.53-0.520.02-0.310.07-0.29-0.28-0.59
-0.14-0.14-0.320.37-0.31-0.13-0.28-0.310.2-0.14-0.15-0.19-0.34-0.240.24-0.27-0.08-0.28-0.16-0.3-0.4-0.16-0.14-0.07-0.24
0.290.170.86-0.53-0.310.140.970.88-0.50.630.760.720.860.83-0.220.33-0.060.880.380.190.570.150.110.380.69
-0.070.990.120.07-0.130.140.080.520.5-0.24-0.27-0.340.120.220.780.80.770.15-0.070.930.750.670.330.17-0.04
0.480.110.89-0.61-0.280.970.080.88-0.610.730.80.750.890.85-0.320.3-0.110.910.550.110.560.080.270.30.67
0.410.550.83-0.42-0.310.880.520.88-0.360.580.610.470.810.830.030.610.190.870.490.540.840.40.410.320.49
-0.640.47-0.60.460.2-0.50.5-0.61-0.36-0.94-0.89-0.66-0.57-0.460.870.350.54-0.59-0.760.39-0.070.26-0.3-0.07-0.26
0.69-0.220.71-0.49-0.140.63-0.240.730.58-0.940.950.650.680.61-0.66-0.17-0.330.710.82-0.190.29-0.070.430.120.29
0.54-0.250.75-0.49-0.150.76-0.270.80.61-0.890.950.760.730.67-0.63-0.19-0.360.730.66-0.210.25-0.040.220.230.42
0.37-0.320.84-0.64-0.190.72-0.340.750.47-0.660.650.760.860.81-0.49-0.08-0.370.630.39-0.280.11-0.170.030.150.86
0.430.150.99-0.67-0.340.860.120.890.81-0.570.680.730.860.96-0.270.32-0.090.860.510.20.580.090.260.290.84
0.380.260.97-0.52-0.240.830.220.850.83-0.460.610.670.810.96-0.120.44-0.040.780.450.280.550.280.310.160.8
-0.450.74-0.280.290.24-0.220.78-0.320.030.87-0.66-0.63-0.49-0.27-0.120.550.75-0.3-0.520.620.270.49-0.040.03-0.12
0.020.830.32-0.01-0.270.330.80.30.610.35-0.17-0.19-0.080.320.440.550.430.290.030.80.630.650.43-0.120.21
-0.310.67-0.12-0.09-0.08-0.060.77-0.110.190.54-0.33-0.36-0.37-0.09-0.040.750.43-0.13-0.210.680.480.510.170.23-0.12
0.470.190.88-0.53-0.280.880.150.910.87-0.590.710.730.630.860.78-0.30.29-0.130.520.20.7-0.020.220.470.61
0.83-0.040.51-0.52-0.160.38-0.070.550.49-0.760.820.660.390.510.45-0.520.03-0.210.52-0.050.280.050.77-0.080.07
-0.120.940.190.02-0.30.190.930.110.540.39-0.19-0.21-0.280.20.280.620.80.680.2-0.050.770.710.330.220.01
0.260.760.59-0.31-0.40.570.750.560.84-0.070.290.250.110.580.550.270.630.480.70.280.770.350.340.470.3
-0.10.680.10.07-0.160.150.670.080.40.26-0.07-0.04-0.170.090.280.490.650.51-0.020.050.710.350.51-0.18-0.14
0.680.350.26-0.29-0.140.110.330.270.41-0.30.430.220.030.260.31-0.040.430.170.220.770.330.340.51-0.36-0.15
-0.190.140.27-0.28-0.070.380.170.30.32-0.070.120.230.150.290.160.03-0.120.230.47-0.080.220.47-0.18-0.360.29
0.09-0.030.8-0.59-0.240.69-0.040.670.49-0.260.290.420.860.840.8-0.120.21-0.120.610.070.010.3-0.14-0.150.29
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Kandi Technologies Account Relationship Matchups

Kandi Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.4M48.1M7.0M20.2M12.7M9.2M
Total Current Liabilities131.9M83.8M64.2M81.5M76.7M83.7M
Total Stockholder Equity217.9M403.8M443.2M397.0M404.1M424.3M
Retained Earnings(16.7M)(27.1M)(4.2M)(16.3M)(16.3M)(15.5M)
Common Stock Total Equity52.8K75.4K77.4K77.7K69.9K66.4K
Common Stock Shares Outstanding52.3M56.0M76.1M75.6M79.9M44.1M
Total Liab153.4M91.5M77.0M85.3M88.9M95.6M
Common Stock52.8K75.4K77.4K77.7K87.5K47.2K
Total Assets371.2M495.2M520.2M483.0M495.5M282.8M
Net Debt59.4M(142.0M)(117.9M)(59.4M)7.8M11.4M
Cash5.5M142.1M129.2M84.1M33.8M27.9M
Cash And Short Term Investments5.5M142.1M184.3M165.3M67.7M37.6M
Liabilities And Stockholders Equity371.2M495.2M520.2M483.0M495.5M282.8M
Other Current Assets5.7M50.9M63.1M73.1M75.4M79.2M
Other Stockholder Equity257.2M439.5M447.1M441.6M457.3M480.2M
Total Current Assets195.6M307.1M342.6M329.3M343.5M360.7M
Short Long Term Debt Total65.5M92.4K11.4M24.7M41.5M49.0M
Net Receivables135.0M94.5M62.1M50.5M149.9M87.5M
Non Current Liabilities Total21.5M7.7M12.8M3.8M12.3M14.3M
Accumulated Other Comprehensive Income(22.7M)(8.8M)251.8K(28.3M)(37.0M)(35.1M)
Property Plant And Equipment Net74.4M105.6M111.7M97.4M104.7M66.1M
Current Deferred Revenue1.4M7.9M38.2M11.3M2.1M2.0M
Accounts Payable72.1M34.3M36.7M35.3M28.7M47.2M
Non Current Assets Total175.6M188.1M177.6M153.7M151.9M141.2M
Non Currrent Assets Other6.0M4.1M11.0M10.6M365.0K346.8K
Other Assets6.7M89.8M2.6M1.8M2.0M1.9M
Short Term Investments47.2M0.055.0M81.2M33.9M31.9M
Inventory27.7M19.7M33.2M40.5M61.6M64.6M
Property Plant And Equipment Gross74.4M105.6M111.7M97.4M157.6M165.4M
Short Term Debt50.5M92.4K9.1M24.7M33.1M30.8M
Intangible Assets19.1M10.8M16.5M10.9M12.9M13.8M
Property Plant Equipment74.4M81.7M111.6M97.2M111.7M61.3M
Other Liab7.1M7.7M10.6M3.3M3.0M5.8M
Net Tangible Assets174.7M367.6M390.7M352.9M405.8M243.4M
Long Term Debt29.4M14.9M2.2M8.4M9.6M14.0M
Good Will28.3M29.7M36.0M33.2M33.1M34.8M
Retained Earnings Total Equity(16.7M)(27.1M)(4.2M)(16.3M)(14.7M)(14.0M)
Capital Surpluse259.7M439.5M449.5M451.4M519.1M282.7M
Deferred Long Term Liab1.4M3.7M2.5M1.4M1.2M2.4M
Long Term Investments128.9M47.2M28.9M157.3K145.0K0.0

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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.