Kandi Technologies Group Stock Today
| KNDI Stock | USD 1.23 0.08 6.96% |
Performance0 of 100
| Odds Of DistressLess than 30
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Kandi Technologies is trading at 1.23 as of the 24th of November 2024. This is a 6.96 percent increase since the beginning of the trading day. The stock's open price was 1.15. Kandi Technologies has about a 30 percent probability of financial distress in the next few years of operation and 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 25th of October 2024 and ending today, the 24th of November 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 86.07 M outstanding shares of which 1.53 M shares are now shorted by private and institutional investors with about 6.01 trading days to cover. More on Kandi Technologies Group
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Kandi Stock Highlights
| Chairman, CEO and Pres | Xiaoming Hu | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Wireless, Disruptive Technologies, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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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.
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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 'Micro-Cap' category with a current market capitalization of 94.68 M. Kandi Technologies conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 86.07 M outstanding shares of which 1.53 M shares are now shorted by private and institutional investors with about 6.01 trading days to cover.
Kandi Technologies Group currently holds about 160.27 M in cash with (101.16 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.
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Ownership AllocationKandi Technologies maintains a total of 86.07 Million outstanding shares. Kandi Technologies Group secures 16.86 % of its outstanding shares held by insiders and 2.35 % 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.
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Kandi Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Quadrant Private Wealth Management, Llc | 2024-09-30 | 22.6 K | |
| Mariner Wealth Advisors Llc | 2024-06-30 | 21.5 K | |
| Reuter James Wealth Management, Llc | 2024-09-30 | 15 K | |
| Beacon Harbor Wealth Advisors, Inc. | 2024-09-30 | 13.8 K | |
| Millennium Management Llc | 2024-06-30 | 12.9 K | |
| Plan Group Financial, Llc | 2024-09-30 | 12 K | |
| Steel Peak Wealth Management Llc | 2024-09-30 | 10 K | |
| Jpmorgan Chase & Co | 2024-06-30 | 5.9 K | |
| Tradewinds Capital Management, Llc | 2024-09-30 | 3 K | |
| D. E. Shaw & Co Lp | 2024-09-30 | 654.5 K | |
| Bridgeway Capital Management, Llc | 2024-09-30 | 616.7 K |
Kandi Technologies Historical Income Statement
Kandi Stock Against Markets
Kandi Technologies Corporate Management
| Jehn Lim | Chief Officer | Profile | |
| Cheng CPA | Chief Officer | Profile | |
| Cathy Cao | Ex Fin | Profile | |
| Feng Chen | Chief Officer | Profile | |
| Kewa Luo | Manager Relations | Profile |
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.