Stocks · Consumer discretionary · Motor Vehicle Parts & Accessories

Kandi Technologies Group, Inc.

KNDI Clue Score32
$0.58 -5.35% Close, 12 Oct 2026
Price $0.58 −87.11% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Revenue117.8Operating income−27.7Net income−12.1EPS, diluted−0.17Fiscal year 2023Revenue123.6 +4.9%Operating income−13.1Net income0.0EPS, diluted0.02Fiscal year 2024Revenue127.6 +3.2%Operating income−68.8Net income−50.5 −708,115.5%EPS, diluted−0.59 −3,050.0%Fiscal year 2025Revenue87.4 −31.5%Operating income−57.2Net income−93.9EPS, diluted−1.14
FY2022FY2023FY2024FY2025
Revenue 117.8 123.6 127.6 87.4
Growth +4.9% +3.2% −31.5%
Operating income −27.7 −13.1 −68.8 −57.2
Net income −12.1 0.0 −50.5 −93.9
Growth −708,115.5%
EPS, diluted −0.17 0.02 −0.59 −1.14
Growth −3,050.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2022Gross margin16.6%Operating margin−23.5%Net margin−10.3%Fiscal year 2023Gross margin33.5%Operating margin−10.6%Net margin0.0%Fiscal year 2024Gross margin30.8%Operating margin−53.9%Net margin−39.6%Fiscal year 2025Gross margin42.6%Operating margin−65.4%Net margin−107.4%
FY2022FY2023FY2024FY2025
Gross margin 16.6% 33.5% 30.8% 42.6%
Operating margin −23.5% −10.6% −53.9% −65.4%
Net margin −10.3% 0.0% −39.6% −107.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2022Operating cash flow31.5Buybacks−7.5Fiscal year 2023Operating cash flow−101.2Buybacks−0.5Fiscal year 2024Operating cash flow−17.8Buybacks−3.9Fiscal year 2025Operating cash flow96.8
FY2022FY2023FY2024FY2025
Operating cash flow 31.5 −101.2 −17.8 96.8
Buybacks −7.5 −0.5 −3.9 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2022Cash84.1Shareholders’ equity397.7Fiscal year 2023Cash33.8Total debt8.4Net cash (debt)25.4Shareholders’ equity404.1Debt to equity0.02Fiscal year 2024Cash37.3Total debt5.7Net cash (debt)31.6Shareholders’ equity344.7Debt to equity0.02Fiscal year 2025Cash35.5Total debt6.1Net cash (debt)29.4Shareholders’ equity270.1Debt to equity0.02
FY2022FY2023FY2024FY2025
Cash 84.1 33.8 37.3 35.5
Total debt n/a 8.4 5.7 6.1
Net cash (debt) n/a 25.4 31.6 29.4
Shareholders’ equity 397.7 404.1 344.7 270.1
Debt to equity n/a 0.02 0.02 0.02

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
117.8 123.6 127.6 87.4
Growth +4.9% +3.2% −31.5%
98.3 82.2 88.3 50.1
19.5 41.4 39.3 37.3
Growth +112.0% −5.1% −5.0%
6.0 4.3 5.0 7.6
32.3 35.4 57.7 54.4
−27.7 −13.1 −68.8 −57.2
Growth
−13.3 3.5 −56.1 −91.6
−0.5 1.8 −5.1 3.9
−12.1 0.0 −50.5 −93.9
Growth −708,115.5%
Per share
−0.17 0.02 −0.59 −1.14
−0.17 0.02 −0.59 −1.14
Growth −3,050.0%
75.6 78.8 86.3 83.6
75.6 79.9 86.3 83.6
Growth +5.7% +8.0% −3.1%

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 3 of 4 years on file.