Kandi Income Statement Research

KNDI Stock  USD 2.40  0.18  8.11%   
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 Kandi Technologies Valuation and Kandi Technologies Correlation analysis.
  
As of now, Kandi Technologies' Income Before Tax is decreasing as compared to previous years. The Kandi Technologies' current Total Other Income Expense Net is estimated to increase to about 15.8 M, while Other Operating Expenses is projected to decrease to under 88.1 M.
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 Kandi Technologies Valuation and Kandi Technologies Correlation analysis.
As of now, Kandi Technologies' Income Before Tax is decreasing as compared to previous years. The Kandi Technologies' current Total Other Income Expense Net is estimated to increase to about 15.8 M, while Other Operating Expenses is projected to decrease to under 88.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit16.2M19.5M41.4M43.4M
Total Revenue91.5M117.8M123.6M104.4M

Kandi Technologies income statement Correlations

0.180.480.440.13-0.23-0.33-0.51-0.31-0.28-0.16-0.63-0.190.260.12-0.280.26-0.36-0.66-0.190.03-0.59-0.260.120.12
0.18-0.32-0.10.00.510.170.290.130.290.60.160.060.930.470.290.920.020.41-0.16-0.240.080.240.040.04
0.48-0.320.890.72-0.680.02-0.550.020.0-0.38-0.46-0.23-0.040.02-0.88-0.060.06-0.440.360.6-0.34-0.440.030.03
0.44-0.10.890.85-0.690.16-0.490.150.14-0.28-0.44-0.360.20.04-0.770.20.18-0.150.420.63-0.36-0.580.110.11
0.130.00.720.85-0.460.31-0.250.270.360.00.1-0.250.250.17-0.720.240.270.130.560.740.11-0.4-0.04-0.04
-0.230.51-0.68-0.69-0.460.120.630.10.040.820.520.680.310.610.440.25-0.030.35-0.43-0.470.640.78-0.55-0.55
-0.330.170.020.160.310.120.750.980.720.080.240.020.190.150.010.190.950.690.630.340.260.03-0.09-0.09
-0.510.29-0.55-0.49-0.250.630.750.750.440.340.510.250.10.140.450.10.710.690.22-0.020.490.45-0.15-0.15
-0.310.130.020.150.270.10.980.750.60.030.170.00.130.070.00.140.980.670.570.360.210.04-0.05-0.05
-0.280.290.00.140.360.040.720.440.60.120.34-0.110.350.230.110.330.560.560.770.180.19-0.130.010.01
-0.160.6-0.38-0.280.00.820.080.340.030.120.520.70.550.830.040.48-0.10.4-0.37-0.320.710.7-0.64-0.64
-0.630.16-0.46-0.440.10.520.240.510.170.340.520.260.030.220.210.010.120.50.180.080.870.41-0.29-0.29
-0.190.06-0.23-0.36-0.250.680.020.250.0-0.110.70.260.030.74-0.08-0.06-0.110.07-0.5-0.490.630.77-0.85-0.85
0.260.93-0.040.20.250.310.190.10.130.350.550.030.030.560.030.990.040.37-0.04-0.10.010.06-0.04-0.04
0.120.470.020.040.170.610.150.140.070.230.830.220.740.56-0.20.46-0.080.18-0.22-0.220.530.48-0.8-0.8
-0.280.29-0.88-0.77-0.720.440.010.450.00.110.040.21-0.080.03-0.20.07-0.020.33-0.15-0.540.00.080.190.19
0.260.92-0.060.20.240.250.190.10.140.330.480.01-0.060.990.460.070.060.37-0.02-0.09-0.05-0.020.030.03
-0.360.020.060.180.27-0.030.950.710.980.56-0.10.12-0.110.04-0.08-0.020.060.640.620.430.13-0.050.060.06
-0.660.41-0.44-0.150.130.350.690.690.670.560.40.50.070.370.180.330.370.640.30.040.480.18-0.08-0.08
-0.19-0.160.360.420.56-0.430.630.220.570.77-0.370.18-0.5-0.04-0.22-0.15-0.020.620.30.66-0.02-0.490.280.28
0.03-0.240.60.630.74-0.470.34-0.020.360.18-0.320.08-0.49-0.1-0.22-0.54-0.090.430.040.660.02-0.470.220.22
-0.590.08-0.34-0.360.110.640.260.490.210.190.710.870.630.010.530.0-0.050.130.48-0.020.020.6-0.67-0.67
-0.260.24-0.44-0.58-0.40.780.030.450.04-0.130.70.410.770.060.480.08-0.02-0.050.18-0.49-0.470.6-0.45-0.45
0.120.040.030.11-0.04-0.55-0.09-0.15-0.050.01-0.64-0.29-0.85-0.04-0.80.190.030.06-0.080.280.22-0.67-0.451.0
0.120.040.030.11-0.04-0.55-0.09-0.15-0.050.01-0.64-0.29-0.85-0.04-0.80.190.030.06-0.080.280.22-0.67-0.451.0
Click cells to compare fundamentals

Kandi Technologies Account Relationship Matchups

Kandi Technologies income statement Accounts

201920202021202220232024 (projected)
Interest Expense4.8M3.8M407.6K707.5K1.3M2.1M
Operating Income1.7M(12.3M)(45.8M)(22.7M)(11.6M)(11.0M)
Ebit1.7M(12.3M)(45.8M)(22.7M)(11.6M)(11.0M)
Ebitda(14.2M)(17.1M)(29.4M)(1.1M)301.1K597.4K
Income Before Tax(7.9M)(15.4M)29.2M(13.3M)3.5M3.6M
Net Income(7.2M)(10.4M)22.9M(12.9M)7.1K7.5K
Income Tax Expense(692.3K)(5.0M)6.3M(487.5K)1.8M1.0M
Total Revenue135.7M76.9M91.5M117.8M123.6M104.4M
Gross Profit25.4M13.5M16.2M19.5M41.4M43.4M
Research Development6.2M7.2M39.0M6.0M4.3M4.1M
Cost Of Revenue110.3M63.4M75.2M98.3M82.2M85.0M
Tax Provision(692.3K)(5.0M)6.3M(487.5K)(318.6K)(302.7K)
Interest Income791.9K2.2M4.2M6.4M7.7M4.4M
Net Interest Income(4.0M)(1.6M)3.8M5.7M6.7M7.0M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kandi Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kandi Technologies' short interest history, or implied volatility extrapolated from Kandi Technologies options trading.

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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 Kandi Technologies Valuation and Kandi Technologies Correlation analysis.
Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Kandi Technologies' price analysis, check to measure Kandi Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kandi Technologies is operating at the current time. Most of Kandi Technologies' value examination focuses on studying past and present price action to predict the probability of Kandi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kandi Technologies' price. Additionally, you may evaluate how the addition of Kandi Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Kandi Technologies' industry 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
1.137
Revenue Per Share
1.569
Quarterly Revenue Growth
(0.26)
Return On Assets
(0.01)
Return On Equity
0.0042
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.