25 XP   0   0   10

Kandi Technologies Group Inc
Buy, Hold or Sell?

Let's analyse Kandi Technologies Group Inc together

PenkeI guess you are interested in Kandi Technologies Group Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Kandi Technologies Group Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Kandi Technologies Group Inc

I send you an email if I find something interesting about Kandi Technologies Group Inc.

Quick analysis of Kandi Technologies Group Inc (30 sec.)










What can you expect buying and holding a share of Kandi Technologies Group Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$4.64
Expected worth in 1 year
$4.75
How sure are you?
57.5%

+ What do you gain per year?

Total Gains per Share
$0.10
Return On Investment
4.9%

For what price can you sell your share?

Current Price per Share
$2.07
Expected price per share
$2 - $2.23
How sure are you?
50%

1. Valuation of Kandi Technologies Group Inc (5 min.)




Live pricePrice per Share (EOD)

$2.07

Intrinsic Value Per Share

$-35.85 - $-23.90

Total Value Per Share

$-31.21 - $-19.26

2. Growth of Kandi Technologies Group Inc (5 min.)




Is Kandi Technologies Group Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$406.5m$414.4m-$16.9m-4.3%

How much money is Kandi Technologies Group Inc making?

Current yearPrevious yearGrowGrow %
Making money$157.9k-$3.2m$3.3m2,134.4%
Net Profit Margin-0.2%-9.9%--

How much money comes from the company's main activities?

3. Financial Health of Kandi Technologies Group Inc (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  


Richest
#182 / 564

Most Revenue
#441 / 564

Most Profit
#433 / 564

Most Efficient
#448 / 564

What can you expect buying and holding a share of Kandi Technologies Group Inc? (5 min.)

Welcome investor! Kandi Technologies Group Inc's management wants to use your money to grow the business. In return you get a share of Kandi Technologies Group Inc.

What can you expect buying and holding a share of Kandi Technologies Group Inc?

First you should know what it really means to hold a share of Kandi Technologies Group Inc. And how you can make/lose money.

Speculation

The Price per Share of Kandi Technologies Group Inc is $2.07. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Kandi Technologies Group Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Kandi Technologies Group Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $4.64. Based on the TTM, the Book Value Change Per Share is $0.03 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.13 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Kandi Technologies Group Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.05-2.5%0.000.0%-0.04-1.9%0.00-0.2%-0.01-0.3%
Usd Book Value Change Per Share0.167.5%0.031.2%-0.13-6.3%0.105.0%0.094.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.167.5%0.031.2%-0.13-6.3%0.105.0%0.094.4%
Usd Price Per Share2.80-3.25-2.50-4.14-6.02-
Price to Earnings Ratio-13.43--494.41-14.75--106.78-6.72-
Price-to-Total Gains Ratio17.92-39.64--130.22--3,821,738.30--1,910,836.72-
Price to Book Ratio0.60-0.72-0.53-1.18-2.35-
Price-to-Total Gains Ratio17.92-39.64--130.22--3,821,738.30--1,910,836.72-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.07
Number of shares483
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.030.10
Usd Total Gains Per Share0.030.10
Gains per Quarter (483 shares)12.1649.91
Gains per Year (483 shares)48.66199.65
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1049390200190
2097880399390
301461370599590
401951860799790
502432350998990
60292284011981190
70341333013981390
80389382015971590
90438431017971790
100487480019961990

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%4.08.00.033.3%6.014.00.030.0%19.021.00.047.5%40.035.00.053.3%
Book Value Change Per Share3.01.00.075.0%5.07.00.041.7%10.010.00.050.0%23.017.00.057.5%47.027.01.062.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%0.00.075.00.0%
Total Gains per Share3.01.00.075.0%5.07.00.041.7%10.010.00.050.0%23.017.00.057.5%47.027.01.062.7%

Fundamentals of Kandi Technologies Group Inc

About Kandi Technologies Group Inc

Kandi Technologies Group, Inc. designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts in the People's Republic of China, the United States, and internationally. It offers also off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and EV parts comprising battery packs, body parts, EV controllers, air conditioning units, and other auto parts. The company was formerly known as Kandi Technologies, Corp. and changed its name to Kandi Technologies Group, Inc. in December 2012. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-18 17:33:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Kandi Technologies Group Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Kandi Technologies Group Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Kandi Technologies Group Inc to the Auto Parts industry mean.
  • A Net Profit Margin of -16.1% means that $-0.16 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Kandi Technologies Group Inc:

  • The MRQ is -16.1%. The company is making a huge loss. -2
  • The TTM is -0.2%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ-16.1%TTM-0.2%-15.9%
TTM-0.2%YOY-9.9%+9.7%
TTM-0.2%5Y-3.3%+3.1%
5Y-3.3%10Y-15.4%+12.1%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-16.1%3.9%-20.0%
TTM-0.2%3.6%-3.8%
YOY-9.9%3.5%-13.4%
5Y-3.3%2.9%-6.2%
10Y-15.4%4.0%-19.4%
1.1.2. Return on Assets

Shows how efficient Kandi Technologies Group Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Kandi Technologies Group Inc to the Auto Parts industry mean.
  • -0.9% Return on Assets means that Kandi Technologies Group Inc generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Kandi Technologies Group Inc:

  • The MRQ is -0.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.0%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-0.9%TTM0.0%-1.0%
TTM0.0%YOY-0.7%+0.7%
TTM0.0%5Y-0.2%+0.2%
5Y-0.2%10Y-0.1%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%1.2%-2.1%
TTM0.0%1.0%-1.0%
YOY-0.7%1.0%-1.7%
5Y-0.2%1.0%-1.2%
10Y-0.1%1.2%-1.3%
1.1.3. Return on Equity

Shows how efficient Kandi Technologies Group Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Kandi Technologies Group Inc to the Auto Parts industry mean.
  • -1.1% Return on Equity means Kandi Technologies Group Inc generated $-0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Kandi Technologies Group Inc:

  • The MRQ is -1.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 0.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.1%TTM0.1%-1.2%
TTM0.1%YOY-0.8%+0.8%
TTM0.1%5Y-0.3%+0.4%
5Y-0.3%10Y-0.4%+0.1%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.1%2.4%-3.5%
TTM0.1%2.2%-2.1%
YOY-0.8%2.1%-2.9%
5Y-0.3%1.8%-2.1%
10Y-0.4%2.3%-2.7%

1.2. Operating Efficiency of Kandi Technologies Group Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Kandi Technologies Group Inc is operating .

  • Measures how much profit Kandi Technologies Group Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Kandi Technologies Group Inc to the Auto Parts industry mean.
  • An Operating Margin of -24.7% means the company generated $-0.25  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Kandi Technologies Group Inc:

  • The MRQ is -24.7%. The company is operating very inefficient. -2
  • The TTM is -3.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-24.7%TTM-3.3%-21.4%
TTM-3.3%YOY-18.0%+14.7%
TTM-3.3%5Y-23.3%+19.9%
5Y-23.3%10Y-27.9%+4.6%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-24.7%6.0%-30.7%
TTM-3.3%3.6%-6.9%
YOY-18.0%4.6%-22.6%
5Y-23.3%4.9%-28.2%
10Y-27.9%4.8%-32.7%
1.2.2. Operating Ratio

Measures how efficient Kandi Technologies Group Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.25 means that the operating costs are $1.25 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Kandi Technologies Group Inc:

  • The MRQ is 1.247. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.090. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.247TTM1.090+0.157
TTM1.090YOY1.200-0.111
TTM1.0905Y1.197-0.107
5Y1.19710Y1.232-0.035
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2471.618-0.371
TTM1.0901.616-0.526
YOY1.2001.621-0.421
5Y1.1971.568-0.371
10Y1.2321.278-0.046

1.3. Liquidity of Kandi Technologies Group Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Kandi Technologies Group Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 4.48 means the company has $4.48 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Kandi Technologies Group Inc:

  • The MRQ is 4.481. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.309. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.481TTM4.309+0.171
TTM4.309YOY4.868-0.558
TTM4.3095Y3.661+0.648
5Y3.66110Y2.492+1.169
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4811.649+2.832
TTM4.3091.646+2.663
YOY4.8681.604+3.264
5Y3.6611.579+2.082
10Y2.4921.351+1.141
1.3.2. Quick Ratio

Measures if Kandi Technologies Group Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Kandi Technologies Group Inc to the Auto Parts industry mean.
  • A Quick Ratio of 4.06 means the company can pay off $4.06 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Kandi Technologies Group Inc:

  • The MRQ is 4.062. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.091. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.062TTM4.091-0.029
TTM4.091YOY4.315-0.223
TTM4.0915Y23.439-19.348
5Y23.43910Y12.363+11.076
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0620.698+3.364
TTM4.0910.714+3.377
YOY4.3150.742+3.573
5Y23.4390.752+22.687
10Y12.3630.782+11.581

1.4. Solvency of Kandi Technologies Group Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Kandi Technologies Group Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Kandi Technologies Group Inc to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.18 means that Kandi Technologies Group Inc assets are financed with 18.0% credit (debt) and the remaining percentage (100% - 18.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Kandi Technologies Group Inc:

  • The MRQ is 0.180. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.175. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.180TTM0.175+0.005
TTM0.175YOY0.158+0.017
TTM0.1755Y0.248-0.073
5Y0.24810Y0.344-0.096
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1800.497-0.317
TTM0.1750.497-0.322
YOY0.1580.497-0.339
5Y0.2480.497-0.249
10Y0.3440.487-0.143
1.4.2. Debt to Equity Ratio

Measures if Kandi Technologies Group Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Kandi Technologies Group Inc to the Auto Parts industry mean.
  • A Debt to Equity ratio of 22.0% means that company has $0.22 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Kandi Technologies Group Inc:

  • The MRQ is 0.220. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.213. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.220TTM0.213+0.007
TTM0.213YOY0.189+0.024
TTM0.2135Y0.373-0.160
5Y0.37310Y0.590-0.217
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2201.014-0.794
TTM0.2131.017-0.804
YOY0.1891.031-0.842
5Y0.3731.040-0.667
10Y0.5901.047-0.457

2. Market Valuation of Kandi Technologies Group Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Kandi Technologies Group Inc generates.

  • Above 15 is considered overpriced but always compare Kandi Technologies Group Inc to the Auto Parts industry mean.
  • A PE ratio of -13.43 means the investor is paying $-13.43 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Kandi Technologies Group Inc:

  • The EOD is -9.931. Based on the earnings, the company is expensive. -2
  • The MRQ is -13.433. Based on the earnings, the company is expensive. -2
  • The TTM is -494.408. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-9.931MRQ-13.433+3.502
MRQ-13.433TTM-494.408+480.975
TTM-494.408YOY14.755-509.163
TTM-494.4085Y-106.775-387.633
5Y-106.77510Y6.720-113.496
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-9.93112.519-22.450
MRQ-13.43311.721-25.154
TTM-494.40812.530-506.938
YOY14.75515.239-0.484
5Y-106.77516.864-123.639
10Y6.72021.191-14.471
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Kandi Technologies Group Inc:

  • The EOD is -0.390. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.528. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 14.289. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-0.390MRQ-0.528+0.138
MRQ-0.528TTM14.289-14.817
TTM14.289YOY3.780+10.509
TTM14.2895Y-0.950+15.239
5Y-0.95010Y-0.662-0.288
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-0.3905.310-5.700
MRQ-0.5284.924-5.452
TTM14.2893.607+10.682
YOY3.7801.026+2.754
5Y-0.9502.264-3.214
10Y-0.6622.514-3.176
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Kandi Technologies Group Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 0.60 means the investor is paying $0.60 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Kandi Technologies Group Inc:

  • The EOD is 0.446. Based on the equity, the company is cheap. +2
  • The MRQ is 0.603. Based on the equity, the company is cheap. +2
  • The TTM is 0.716. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.446MRQ0.603-0.157
MRQ0.603TTM0.716-0.114
TTM0.716YOY0.526+0.190
TTM0.7165Y1.176-0.459
5Y1.17610Y2.350-1.174
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD0.4461.521-1.075
MRQ0.6031.481-0.878
TTM0.7161.516-0.800
YOY0.5261.624-1.098
5Y1.1761.700-0.524
10Y2.3502.242+0.108
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Kandi Technologies Group Inc.

3.1. Institutions holding Kandi Technologies Group Inc

Institutions are holding 3.739% of the shares of Kandi Technologies Group Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30D. E. Shaw & Co LP1.1480.00361004729-27426-2.6572
2023-12-31Bridgeway Capital Management, LLC0.82510.043472217268240.9539
2023-12-31Connor Clark & Lunn Inv Mgmt Ltd0.22950.0026200836-28370-12.3775
2023-12-31Susquehanna International Group, LLP0.18120.000115857099529168.5761
2023-09-30Citadel Advisors Llc0.17030.0001149082-90828-37.8592
2023-12-31Renaissance Technologies Corp0.15710.0006137500123639.8796
2023-12-31Morgan Stanley - Brokerage Accounts0.0922080732-9688-10.7144
2023-12-31Empowered Funds, LLC0.08720.00547632468249.8187
2023-12-31Amvescap Plc.0.08450.000173946-311-0.4188
2023-12-31State Street Corporation0.0845073922-611-0.8198
2023-12-31Quinn Opportunity Partners LLC0.07560.01936620000
2023-12-31Quadrature Capital LLP0.07330.003464128-66100-50.7571
2023-12-31Walleye Trading Advisors, LLC0.06520.00035703418213.2981
2023-12-31Two Sigma Investments LLC0.05850.000351173-16808-24.7246
2023-12-31Marshall Wace Asset Management Ltd0.05840.000251130-20490-28.6093
2023-12-31Two Sigma Advisers, LLC0.05420.000347400-22400-32.0917
2023-12-31Geode Capital Management, LLC0.05104463500
2023-12-31Group One Trading, LP0.03710.000232472-13535-29.4194
2023-12-31Hanson Mcclain Inc0.03310.00062900000
2023-12-31Quadrant Private Wealth Management, LLC0.02580.01752258000
Total 3.59180.0983143565-169206-5.4%

3.2. Funds holding Kandi Technologies Group Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Bridgeway Ultra-Small Company0.44761.262939094800
2023-12-31Bridgeway Ultra-Small Company Market0.16220.213514170000
2023-12-31Bridgeway Omni Small-Cap Value0.12960.024711320000
2023-12-31Bridgeway Omni Small-Cap Value N0.12960.024711320000
2024-02-29EA Bridgeway Omni Small-Cap Value ETF0.09210.0176804891750.2179
2024-02-29Invesco Golden Dragon China ETF0.08260.12197211600
2024-02-29SPDR® S&P Emerging Markets Small Cap ETF0.06110.01555335300
2024-01-31Fidelity Nasdaq Composite Index0.05110.00084463500
2024-02-29SPDR® S&P China ETF0.01550.00611356900
2023-12-31Victory Extended Market Index0.01120.0036981298120
2024-02-29SPDR® S&P Emerging Asia Pacific ETF0.00420.0029363800
2024-02-29Carbon Collective Climate Sol US Eq ETF0.00290.0269253100
2024-02-29Avantis Responsible Emerging Mkts Eq ETF0.00260.0085226700
2023-12-31The Winton Fund USD Tranche B0.00140.00071216-18-1.4587
2023-12-31Acclivity Small Cap Value I0.00070.006594-2338-79.7408
2023-09-30Blackstone Alternative Multi-Strategy I0.0005040000
2024-02-29Nationwide Multi-Cap Portfolio R60.0004032400
2024-02-29SPDR® Portfolio Emerging Markets ETF0.0002018500
Total 1.19551.73631044177+7631+0.7%

3.3. Insider Transactions

Insiders are holding 16.853% of the shares of Kandi Technologies Group Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2021-11-26Henry YuSELL40103.8
2021-11-24Henry YuSELL40004.03

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Kandi Technologies Group Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1560.025+520%-0.130+183%0.103+51%0.091+72%
Book Value Per Share--4.6454.541+2%4.735-2%3.961+17%3.233+44%
Current Ratio--4.4814.309+4%4.868-8%3.661+22%2.492+80%
Debt To Asset Ratio--0.1800.175+3%0.158+14%0.248-28%0.344-48%
Debt To Equity Ratio--0.2200.213+3%0.189+17%0.373-41%0.590-63%
Dividend Per Share----0%-0%-0%-0%
Eps---0.0520.000-255892%-0.040-23%-0.005-90%-0.006-88%
Free Cash Flow Per Share---1.326-0.293-78%0.079-1778%-0.098-93%-0.081-94%
Free Cash Flow To Equity Per Share---1.397-0.277-80%0.067-2197%0.049-2955%0.021-6717%
Gross Profit Margin--2.003-0.898+145%1.045+92%0.770+160%0.861+133%
Intrinsic Value_10Y_max---23.904--------
Intrinsic Value_10Y_min---35.854--------
Intrinsic Value_1Y_max---0.626--------
Intrinsic Value_1Y_min---0.913--------
Intrinsic Value_3Y_max---3.230--------
Intrinsic Value_3Y_min---5.080--------
Intrinsic Value_5Y_max---7.459--------
Intrinsic Value_5Y_min---11.777--------
Market Cap181172196.000-35%245063840.000284011486.000-14%219025807.000+12%362038062.200-32%527262072.391-54%
Net Profit Margin---0.161-0.002-99%-0.099-39%-0.033-79%-0.154-4%
Operating Margin---0.247-0.033-86%-0.180-27%-0.233-6%-0.279+13%
Operating Ratio--1.2471.090+14%1.200+4%1.197+4%1.232+1%
Pb Ratio0.446-35%0.6030.716-16%0.526+15%1.176-49%2.350-74%
Pe Ratio-9.931+26%-13.433-494.408+3580%14.755-191%-106.775+695%6.720-300%
Price Per Share2.070-35%2.8003.245-14%2.503+12%4.137-32%6.024-54%
Price To Free Cash Flow Ratio-0.390+26%-0.52814.289-104%3.780-114%-0.950+80%-0.662+25%
Price To Total Gains Ratio13.250-35%17.92339.641-55%-130.220+827%-3821738.295+21322993%-1910836.724+10661366%
Quick Ratio--4.0624.091-1%4.315-6%23.439-83%12.363-67%
Return On Assets---0.0090.000-2172%-0.007-29%-0.002-82%-0.001-84%
Return On Equity---0.0110.001-2305%-0.008-30%-0.003-72%-0.004-66%
Total Gains Per Share--0.1560.025+520%-0.130+183%0.103+51%0.091+72%
Usd Book Value--406510092.000397473103.750+2%414428536.500-2%346656664.000+17%282962578.825+44%
Usd Book Value Change Per Share--0.1560.025+520%-0.130+183%0.103+51%0.091+72%
Usd Book Value Per Share--4.6454.541+2%4.735-2%3.961+17%3.233+44%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.0520.000-255892%-0.040-23%-0.005-90%-0.006-88%
Usd Free Cash Flow---116043231.000-25641451.000-78%6914695.500-1778%-8545863.350-93%-7127549.825-94%
Usd Free Cash Flow Per Share---1.326-0.293-78%0.079-1778%-0.098-93%-0.081-94%
Usd Free Cash Flow To Equity Per Share---1.397-0.277-80%0.067-2197%0.049-2955%0.021-6717%
Usd Market Cap181172196.000-35%245063840.000284011486.000-14%219025807.000+12%362038062.200-32%527262072.391-54%
Usd Price Per Share2.070-35%2.8003.245-14%2.503+12%4.137-32%6.024-54%
Usd Profit---4560772.000157924.750-2988%-3212756.000-30%-645715.600-86%-663260.225-85%
Usd Revenue--28357584.00030899808.000-8%29453262.250-4%30051309.500-6%32926520.800-14%
Usd Total Gains Per Share--0.1560.025+520%-0.130+183%0.103+51%0.091+72%
 EOD+2 -6MRQTTM+12 -22YOY+11 -235Y+14 -2010Y+16 -18

4.2. Fundamental Score

Let's check the fundamental score of Kandi Technologies Group Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-9.931
Price to Book Ratio (EOD)Between0-10.446
Net Profit Margin (MRQ)Greater than0-0.161
Operating Margin (MRQ)Greater than0-0.247
Quick Ratio (MRQ)Greater than14.062
Current Ratio (MRQ)Greater than14.481
Debt to Asset Ratio (MRQ)Less than10.180
Debt to Equity Ratio (MRQ)Less than10.220
Return on Equity (MRQ)Greater than0.15-0.011
Return on Assets (MRQ)Greater than0.05-0.009
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Kandi Technologies Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5023.297
Ma 20Greater thanMa 502.309
Ma 50Greater thanMa 1002.512
Ma 100Greater thanMa 2002.683
OpenGreater thanClose2.050
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Other Current Liabilities  21,492-2,92118,571-13,0945,4778,16113,638-2,130,081,853-2,130,068,215



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets495,457
Total Liabilities88,947
Total Stockholder Equity404,125
 As reported
Total Liabilities 88,947
Total Stockholder Equity+ 404,125
Total Assets = 495,457

Assets

Total Assets495,457
Total Current Assets343,548
Long-term Assets151,908
Total Current Assets
Cash And Cash Equivalents 93,630
Short-term Investments 33,947
Net Receivables 149,901
Inventory 64,160
Other Current Assets 1,909
Total Current Assets  (as reported)343,548
Total Current Assets  (calculated)343,548
+/- 0
Long-term Assets
Property Plant Equipment 104,693
Goodwill 33,147
Intangible Assets 12,889
Long-term Assets  (as reported)151,908
Long-term Assets  (calculated)150,729
+/- 1,180

Liabilities & Shareholders' Equity

Total Current Liabilities76,674
Long-term Liabilities12,273
Total Stockholder Equity404,125
Total Current Liabilities
Short-term Debt 33,144
Short Long Term Debt 33,144
Accounts payable 28,745
Other Current Liabilities -2,130,068,215
Total Current Liabilities  (as reported)76,674
Total Current Liabilities  (calculated)-2,129,973,183
+/- 2,130,049,856
Long-term Liabilities
Long term Debt 8,389
Long-term Liabilities Other 2,920
Long-term Liabilities  (as reported)12,273
Long-term Liabilities  (calculated)11,309
+/- 964
Total Stockholder Equity
Common Stock88
Retained Earnings -16,333
Accumulated Other Comprehensive Income -36,970
Other Stockholders Equity 457,340
Total Stockholder Equity (as reported)404,125
Total Stockholder Equity (calculated)404,125
+/-0
Other
Capital Stock88
Cash and Short Term Investments 127,577
Common Stock Shares Outstanding 87,348
Current Deferred Revenue2,130,083,000
Liabilities and Stockholders Equity 495,457
Net Debt -52,097
Net Invested Capital 445,658
Net Working Capital 266,875
Property Plant and Equipment Gross 157,556
Short Long Term Debt Total 41,533



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-30
> Total Assets 
0
0
0
5
3
1
1
1
0
0
0
0
48,609
49,427
55,630
59,261
60,797
66,988
69,599
62,501
65,578
68,462
64,072
73,015
82,141
86,265
109,615
123,426
122,918
111,302
112,274
116,828
133,430
130,142
160,285
163,739
277,442
216,948
204,307
255,106
270,295
334,246
323,073
371,105
393,601
367,672
371,469
386,883
421,832
421,634
439,698
410,532
427,402
443,890
438,333
465,722
432,357
446,900
428,829
428,336
409,154
385,844
371,218
371,218
344,358
348,583
495,250
484,572
503,862
492,742
520,160
509,031
496,877
478,955
482,982
479,477
469,507
482,643
495,457
495,457482,643469,507479,477482,982478,955496,877509,031520,160492,742503,862484,572495,250348,583344,358371,218371,218385,844409,154428,336428,829446,900432,357465,722438,333443,890427,402410,532439,698421,634421,832386,883371,469367,672393,601371,105323,073334,246270,295255,106204,307216,948277,442163,739160,285130,142133,430116,828112,274111,302122,918123,426109,61586,26582,14173,01564,07268,46265,57862,50169,59966,98860,79759,26155,63049,42748,609000011135000
   > Total Current Assets 
0
0
0
5
3
1
1
1
0
0
0
0
38,606
38,622
42,584
46,062
33,339
38,681
37,220
30,974
32,844
35,085
29,998
39,712
49,115
53,619
74,341
88,729
88,948
72,158
69,972
75,104
86,063
84,040
108,995
114,289
148,533
89,367
80,012
131,458
146,099
208,850
138,327
186,457
210,020
189,773
190,867
211,199
237,246
236,689
264,026
229,681
248,707
246,132
238,313
224,104
143,641
162,576
167,350
168,471
161,673
210,124
195,572
195,572
181,404
183,777
307,116
322,355
353,984
338,062
342,608
332,310
330,952
324,391
329,323
327,656
328,095
333,085
343,548
343,548333,085328,095327,656329,323324,391330,952332,310342,608338,062353,984322,355307,116183,777181,404195,572195,572210,124161,673168,471167,350162,576143,641224,104238,313246,132248,707229,681264,026236,689237,246211,199190,867189,773210,020186,457138,327208,850146,099131,45880,01289,367148,533114,289108,99584,04086,06375,10469,97272,15888,94888,72974,34153,61949,11539,71229,99835,08532,84430,97437,22038,68133,33946,06242,58438,62238,606000011135000
       Cash And Cash Equivalents 
0
0
0
4
3
1
1
1
0
0
0
0
1,604
663
1,323
210
157
3,277
141
1,768
84
881
218
2,461
880
3,412
7,754
7,503
9,372
1,881
2,294
5,018
3,979
1,546
12,135
3,988
10,082
12,448
12,762
20,498
11,288
49,501
26,379
15,636
9,464
11,691
16,739
13,448
19,534
3,690
12,236
2,044
7,407
3,561
4,892
1,042
1,612
1,342
15,662
3,327
3,609
14,339
5,491
5,491
3,457
23,909
142,078
146,714
132,072
132,867
129,223
99,998
87,099
99,029
84,064
75,134
69,406
72,900
93,630
93,63072,90069,40675,13484,06499,02987,09999,998129,223132,867132,072146,714142,07823,9093,4575,4915,49114,3393,6093,32715,6621,3421,6121,0424,8923,5617,4072,04412,2363,69019,53413,44816,73911,6919,46415,63626,37949,50111,28820,49812,76212,44810,0823,98812,1351,5463,9795,0182,2941,8819,3727,5037,7543,4128802,461218881841,7681413,2771572101,3236631,604000011134000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
12,853
9,700
12,305
12,300
6,548
11,087
12,551
10,811
9,350
7,897
5,705
6,437
8,080
9,858
301
304
261
251
229
217
203
185
24,400
24,400
39,200
81,161
97
80
80,484
82,544
83,309
84,071
84,366
1,490
1,614
3,100
1,429
1,424
4,463
82
1,401
1,428
1,460
1,513
154,866
146,273
128,930
126,492
119,145
53,837
47,229
47,229
42,490,448
0
0
15,259
54,222
54,207
55,042
70,958
73,174
70,324
81,191
100,485
108,902
109,676
33,947
33,947109,676108,902100,48581,19170,32473,17470,95855,04254,20754,22215,2590042,490,44847,22947,22953,837119,145126,492128,930146,273154,8661,5131,4601,4281,401824,4631,4241,4293,1001,6141,49084,36684,07183,30982,54480,484809781,16139,20024,40024,4001852032172292512613043019,8588,0806,4375,7057,8979,35010,81112,55111,0876,54812,30012,3059,70012,853000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
18,831
18,831
15,384
13,251
12,242
21,139
15,647
21,260
14,223
11,271
11,193
17,497
21,452
29,989
28,975
42,716
36,918
31,768
31,605
53,331
37,095
40,691
44,015
43,621
50,335
37,332
30,430
48,639
80,085
63,665
72,521
76,486
111,010
142,710
130,000
138,281
151,006
180,854
171,699
179,882
176,992
185,801
186,625
184,770
179,089
101,189
120,988
107,156
116,891
112,265
134,605
135,000
135,000
122,789
114,130
94,456
107,778
98,273
67,860
62,121
49,898
47,012
60,700
50,498
37,507
33,207
27,461
149,901
149,90127,46133,20737,50750,49860,70047,01249,89862,12167,86098,273107,77894,456114,130122,789135,000135,000134,605112,265116,891107,156120,988101,189179,089184,770186,625185,801176,992179,882171,699180,854151,006138,281130,000142,710111,01076,48672,52163,66580,08548,63930,43037,33250,33543,62144,01540,69137,09553,33131,60531,76836,91842,71628,97529,98921,45217,49711,19311,27114,22321,26015,64721,13912,24213,25115,38418,83118,83100000000000
       Other Current Assets 
0
0
0
1
0
0
0
0
0
0
0
44
13,585
9,787
12,362
25,851
69
11,198
12,611
11,341
11,374
8,555
6,900
6,990
8,650
10,239
17,684
34,223
9,677
26,560
7,673
24,806
27,838
24,094
41
47
46
41
34
43
39
44
34
40
39
41
34
106
95
34
5
46
33
26
7
7
5
7
1
111
79
48
16,323
5,708
13,283
4,262
50,884
32,123
46,184
55,782
63,050
80,497
81,730
50,663
154,720
168,003
59,472
174,905
1,909
1,909174,90559,472168,003154,72050,66381,73080,49763,05055,78246,18432,12350,8844,26213,2835,70816,323487911117577263346534951063441394034443943344146474124,09427,83824,8067,67326,5609,67734,22317,68410,2398,6506,9906,9008,55511,37411,34112,61111,1986925,85112,3629,78713,5854400000001000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
10,004
10,004
10,804
13,046
13,199
27,458
28,308
32,380
31,528
32,734
33,377
34,074
33,303
33,026
32,645
35,273
34,698
33,970
39,144
42,301
41,724
47,367
46,102
51,290
49,450
128,909
127,580
124,295
123,649
124,196
125,395
184,746
184,648
183,580
177,900
180,602
175,684
184,587
184,945
175,672
180,851
178,694
197,758
200,020
241,618
288,716
284,325
261,479
259,865
247,481
175,720
175,646
175,646
162,954
164,806
188,134
162,217
149,878
154,680
177,552
176,721
165,925
154,564
153,659
151,820
141,412
149,557
151,908
151,908149,557141,412151,820153,659154,564165,925176,721177,552154,680149,878162,217188,134164,806162,954175,646175,646175,720247,481259,865261,479284,325288,716241,618200,020197,758178,694180,851175,672184,945184,587175,684180,602177,900183,580184,648184,746125,395124,196123,649124,295127,580128,90949,45051,29046,10247,36741,72442,30139,14433,97034,69835,27332,64533,02633,30334,07433,37732,73431,52832,38028,30827,45813,19913,04610,80410,00410,00400000000000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
9,608
9,608
10,412
12,256
10,499
16,246
18,396
22,746
22,037
23,356
24,054
23,147
22,434
22,173
21,670
23,912
23,290
22,538
27,694
30,989
30,249
31,456
30,338
35,726
33,927
32,505
30,842
29,350
27,961
26,938
26,190
84,725
83,929
82,675
78,314
74,894
74,290
72,310
73,785
42,249
51,057
57,189
60,639
65,085
72,931
82,348
83,665
82,046
82,342
78,839
74,509
74,408
74,408
69,908
71,132
105,610
109,653
97,897
102,204
117,965
117,557
103,109
101,515
97,369
95,839
95,851
98,791
104,693
104,69398,79195,85195,83997,369101,515103,109117,557117,965102,20497,897109,653105,61071,13269,90874,40874,40874,50978,83982,34282,04683,66582,34872,93165,08560,63957,18951,05742,24973,78572,31074,29074,89478,31482,67583,92984,72526,19026,93827,96129,35030,84232,50533,92735,72630,33831,45630,24930,98927,69422,53823,29023,91221,67022,17322,43423,14724,05423,35622,03722,74618,39616,24610,49912,25610,4129,6089,60800000000000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
438
438
323
323
323
323
323
323
323
323
323
323
323
323
323
323
323
323
323
323
323
323
323
25,344
24,156
28,584
28,552
29,087
28,586
27,762
28,270
28,270
27,963
28,792
29,712
29,622
29,970
29,964
36,027
36,109
34,679
32,961
33,178
33,301
31,335
31,194
33,147
33,14731,19431,33533,30133,17832,96134,67936,10936,02729,96429,97029,62229,71228,79227,96328,27028,27027,76228,58629,08728,55228,58424,15625,34432332332332332332332332332332332332332332332332332332332332332343843800000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
261
251
229
217
203
185
162
148
80,923
81,281
79,429
80,480
80,484
82,544
83,309
84,071
84,366
83,764
91,801
87,507
89,776
89,146
78,821
74,294
66,660
84,423
88,048
91,455
154,866
146,273
128,930
126,492
119,145
53,837
47,229
45,338
42,490
39,442
28,939
153
155
155
157
158
157
141
145
146
138
137
0
013713814614514115715815715515515328,93939,44242,49045,33847,22953,837119,145126,492128,930146,273154,86691,45588,04884,42366,66074,29478,82189,14689,77687,50791,80183,76484,36684,07183,30982,54480,48480,48079,42981,28180,9231481621852032172292512610000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
392
392
389
386
383
9,477
9,423
9,400
9,300
9,256
9,200
10,700
10,700
10,642
10,756
10,800
10,800
10,953
10,994
10,993
11,000
15,228
15,107
15,079
15,050
15,158
15,134
15,113
14,885
16,452
16,338
16,227
16,163
16,053
15,342
13,430
13,409
12,926
12,777
12,189
12,183
12,275
12,398
12,997
18,358
17,188
16,340
16,078
16,223
15,624
14,809
14,928
19,059
12,064
12,307
10,810
10,559
10,507
10,293
20,841
20,336
14,649
17,450
10,904
10,533
12,337
8,252
12,889
12,8898,25212,33710,53310,90417,45014,64920,33620,84110,29310,50710,55910,81012,30712,06419,05914,92814,80915,62416,22316,07816,34017,18818,35812,99712,39812,27512,18312,18912,77712,92613,40913,43015,34216,05316,16316,22716,33816,45214,88515,11315,13415,15815,05015,07915,10715,22811,00010,99310,99410,95310,80010,80010,75610,64210,70010,7009,2009,2569,3009,4009,4239,47738338638939239200000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
396
393
791
1,323
9,958
9,911
9,633
9,490
9,379
9,323
10,927
10,868
10,853
10,975
11,362
11,408
11,432
11,450
11,312
11,475
15,911
15,765
15,565
0
96,403
96,738
94,945
95,687
97,258
99,206
100,021
100,719
100,906
99,585
105,708
101,394
112,276
111,161
133,423
129,793
121,506
137,119
134,935
49,436
10,158
9,463
5,874
5,720
5,286
4,803
6,669
10,324
10,414
13,052
89,786
32,384
25,864
19,799
2,561
2,562
13,339
2,497
1,762
0
1,750
1,749
0
01,7491,75001,7622,49713,3392,5622,56119,79925,86432,38489,78613,05210,41410,3246,6694,8035,2865,7205,8749,46310,15849,436134,935137,119121,506129,793133,423111,161112,276101,394105,70899,585100,906100,719100,02199,20697,25895,68794,94596,73896,403015,56515,76515,91111,47511,31211,45011,43211,40811,36210,97510,85310,86810,9279,3239,3799,4909,6339,9119,9581,323791393396000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
218
204
90
261
43
35
1
1
0
0
81
0
0
0
0
0
0
0
0
0
0
0
0
3,197
4,394
4,555
4,383
3,607
3,302
3,295
8
11
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000001183,2953,3023,6074,3834,5554,3943,1970000000000008100113543261902042180000000000000000000000000000
> Total Liabilities 
0
0
0
4
5
5
5
5
7
7
7
8
37,913
37,804
42,589
45,063
43,892
49,047
51,169
44,431
46,951
48,945
42,101
49,316
54,402
57,119
65,141
72,456
67,504
55,063
56,425
58,141
64,649
60,758
85,763
83,132
196,551
124,074
115,781
135,992
134,782
124,512
111,489
150,872
164,034
135,857
132,543
139,022
170,084
172,461
207,351
198,069
221,386
230,895
215,343
212,436
188,245
216,630
203,206
198,330
190,122
165,677
153,361
153,361
123,877
123,617
91,483
85,590
57,702
49,691
76,960
66,732
77,896
80,214
85,289
78,602
79,836
89,806
88,947
88,94789,80679,83678,60285,28980,21477,89666,73276,96049,69157,70285,59091,483123,617123,877153,361153,361165,677190,122198,330203,206216,630188,245212,436215,343230,895221,386198,069207,351172,461170,084139,022132,543135,857164,034150,872111,489124,512134,782135,992115,781124,074196,55183,13285,76360,75864,64958,14156,42555,06367,50472,45665,14157,11954,40249,31642,10148,94546,95144,43151,16949,04743,89245,06342,58937,80437,913877755554000
   > Total Current Liabilities 
0
0
0
4
5
5
5
5
7
7
7
8
37,910
37,802
42,290
44,764
43,596
48,751
51,169
44,431
46,951
48,945
42,101
41,418
48,433
50,574
55,819
68,520
65,935
53,222
52,505
55,165
62,691
58,137
73,097
70,397
183,238
113,395
86,643
117,805
117,390
100,729
99,125
145,535
161,567
135,454
130,950
138,709
169,822
171,177
177,678
164,424
191,885
200,836
184,605
173,977
152,285
174,762
164,823
159,948
152,033
129,750
131,874
131,874
105,816
104,009
83,797
78,263
56,635
48,624
64,163
55,950
66,801
71,497
81,506
74,511
78,197
79,998
76,674
76,67479,99878,19774,51181,50671,49766,80155,95064,16348,62456,63578,26383,797104,009105,816131,874131,874129,750152,033159,948164,823174,762152,285173,977184,605200,836191,885164,424177,678171,177169,822138,709130,950135,454161,567145,53599,125100,729117,390117,80586,643113,395183,23870,39773,09758,13762,69155,16552,50553,22265,93568,52055,81950,57448,43341,41842,10148,94546,95144,43151,16948,75143,59644,76442,29037,80237,910877755554000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
28,103
28,103
28,797
34,698
23,845
30,603
37,516
39,196
37,542
34,917
34,661
34,258
33,645
37,746
37,993
47,474
61,778
58,942
46,130
36,372
47,386
51,775
44,601
57,947
55,082
102,131
62,264
50,703
48,342
46,771
35,413
41,292
54,482
48,786
40,478
40,507
42,863
40,528
38,770
49,062
51,270
69,298
58,826
61,119
44,701
51,331
55,247
43,327
37,700
52,525
42,477
39,760
50,525
19,100
16,762
92
92
482
3,002
9,148
11,998
19,383
22,775
24,693
24,258
23,278
31,195
33,144
33,14431,19523,27824,25824,69322,77519,38311,9989,1483,002482929216,76219,10050,52539,76042,47752,52537,70043,32755,24751,33144,70161,11958,82669,29851,27049,06238,77040,52842,86340,50740,47848,78654,48241,29235,41346,77148,34250,70362,264102,13155,08257,94744,60151,77547,38636,37246,13058,94261,77847,47437,99337,74633,64534,25834,66134,91737,54239,19637,51630,60323,84534,69828,79728,10328,10300000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
63,788
0
0
0
41,292
0
0
0
40,507
43,400
40,539
38,770
77,857
51,270
98,799
88,885
91,856
76,547
81,395
0
0
37,591
52,448
42,433
50,525
50,370
19,100
16,762
92
92
482
3,002
9,148
11,998
19,383
22,775
24,693
24,258
23,278
31,195
33,144
33,14431,19523,27824,25824,69322,77519,38311,9989,1483,002482929216,76219,10050,37050,52542,43352,44837,5910081,39576,54791,85688,88598,79951,27077,85738,77040,53943,40040,50700041,29200063,78800000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
8,581
8,581
7,587
6,425
6,492
11,398
9,127
9,371
5,063
8,859
10,621
4,739
4,670
7,920
10,160
6,453
5,235
5,168
5,210
5,061
5,401
8,585
10,968
8,668
10,708
10,652
8,754
22,843
44,090
53,696
55,568
45,772
77,954
100,772
87,854
73,958
91,647
110,050
111,682
115,870
106,673
111,356
131,047
111,596
117,258
92,760
111,377
112,310
114,345
77,908
79,632
79,969
72,094
59,656
42,154
34,258
29,847
31,374
26,177
36,678
27,966
32,636
33,281
35,321
31,682
36,694
34,476
28,745
28,74534,47636,69431,68235,32133,28132,63627,96636,67826,17731,37429,84734,25842,15459,65672,09479,96979,63277,908114,345112,310111,37792,760117,258111,596131,047111,356106,673115,870111,682110,05091,64773,95887,854100,77277,95445,77255,56853,69644,09022,8438,75410,65210,7088,66810,9688,5855,4015,0615,2105,1685,2356,45310,1607,9204,6704,73910,6218,8595,0639,3719,12711,3986,4926,4257,5878,5818,58100000000000
       Other Current Liabilities 
0
0
0
4
5
5
5
5
7
7
7
8
1,227
1,409
424
14,155
804
668
677
-18,223
-19,362
-23,424
3,065
-20,188
2,616
2,417
1,810
-65,338
1,752
1,823
10,047
-31,721
2,289
2,436
6,189
4,582
70,405
41,684
13,053
25,238
16,773
9,596
9,430
10,458
9,203
6,976
16,377
4,049
19,001
5,656
6,340
4,962
9,682
9,439
9,494
7,722
6,516
6,571
7,751
6,408
5,573
6,370
1,380
1,380
8,563
8,401
11,218
10,246
4,068
18,843
7,039
15,986
14,782
15,441
21,492
18,571
5,477
13,638
-2,130,068,215
-2,130,068,21513,6385,47718,57121,49215,44114,78215,9867,03918,8434,06810,24611,2188,4018,5631,3801,3806,3705,5736,4087,7516,5716,5167,7229,4949,4399,6824,9626,3405,65619,0014,04916,3776,9769,20310,4589,4309,59616,77325,23813,05341,68470,4054,5826,1892,4362,289-31,72110,0471,8231,752-65,3381,8102,4172,616-20,1883,065-23,424-19,362-18,22367766880414,1554241,4091,227877755554000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
3
3
3
299
299
297
297
48,568
42,605
43,776
45,282
38,997
7,898
5,969
6,545
9,322
3,936
1,569
1,840
3,919
2,976
1,958
2,622
12,666
12,736
13,313
10,679
29,137
18,187
17,392
23,784
12,364
5,336
2,467
403
1,594
313
262
1,284
29,673
33,646
29,501
30,059
30,738
38,458
35,960
41,868
38,384
38,382
38,089
35,927
21,488
21,488
18,061
19,608
7,686
7,327
1,067
1,067
12,797
10,782
11,095
8,717
3,783
4,091
1,639
9,808
12,273
12,2739,8081,6394,0913,7838,71711,09510,78212,7971,0671,0677,3277,68619,60818,06121,48821,48835,92738,08938,38238,38441,86835,96038,45830,73830,05929,50133,64629,6731,2842623131,5944032,4675,33612,36423,78417,39218,18729,13710,67913,31312,73612,6662,6221,9582,9763,9191,8401,5693,9369,3226,5455,9697,89838,99745,28243,77642,60548,56829729729929933300000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,666
12,736
12,928
0
13,085
12,978
12,992
12,995
0
0
0
0
0
0
0
0
28,794
29,025
29,501
30,059
30,738
32,426
30,614
29,663
29,416
29,503
28,694
27,607
14,928
14,674
11,712
12,157
0
0
0
0
2,211
2,211
2,211
2,211
0
0
0
0
0
000002,2112,2112,2112,211000012,15711,71214,67414,92827,60728,69429,50329,41629,66330,61432,42630,73830,05929,50129,02528,7940000000012,99512,99212,97813,085012,92812,73612,6660000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
218
204
90
261
43
35
1
1
0
0
81
0
0
0
0
0
0
0
0
0
0
0
0
3,197
4,394
4,555
4,383
3,607
3,302
3,295
8
11
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000001183,2953,3023,6074,3834,5554,3943,1970000000000008100113543261902042180000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
0
0
0
0
0
0
0
6,747
4,792
5,738
9,322
3,936
0
0
3,920
2,976
1,958
2,621
0
0
0
9,995
15,043
4,015
3,205
9,488
10,096
2,793
696
0
1,594
0
4,620
4,620
879
4,621
0
0
0
6,612
5,896
12,887
9,589
8,878
9,395
8,321
7,134
3,332
6,349
7,451
7,686
7,327
1,067
1,067
10,587
7,839
8,884
5,853
3,326
0
1,204
1,173
0
01,1731,20403,3265,8538,8847,83910,5871,0671,0677,3277,6867,4516,3493,3327,1348,3219,3958,8789,58912,8875,8966,6120004,6218794,6204,62001,59406962,79310,0969,4883,2054,01515,0439,9950002,6211,9582,9763,920003,9369,3225,7384,7926,74700000003000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,569
1,840
3,919
2,976
1,958
2,622
0
0
385
10,679
16,052
5,209
4,400
10,788
12,364
5,336
2,467
403
1,594
313
262
1,284
879
0
0
0
0
0
0
0
1,711
1,711
2,776
1,759
1,363
1,363
3,449
3,460
3,707
3,483
3,309
602
2,460
2,460
2,460
2,463
1,378
1,378
1,173
0
0
001,1731,3781,3782,4632,4602,4602,4606023,3093,4833,7073,4603,4491,3631,3631,7592,7761,7111,71100000008791,2842623131,5944032,4675,33612,36410,7884,4005,20916,05210,679385002,6221,9582,9763,9191,8401,5690000000000000000000000000000
> Total Stockholder Equity
0
0
0
0
-2
-4
-5
-5
-6
-6
-7
-8
10,696
11,622
13,042
14,198
16,905
17,941
18,430
18,070
18,628
19,517
21,971
23,699
27,739
29,145
44,474
50,970
55,414
56,239
55,849
58,687
68,781
69,384
74,522
80,607
80,890
92,873
88,526
119,114
135,513
209,733
211,585
220,234
229,566
231,815
238,926
247,861
251,748
249,173
232,347
212,462
206,016
212,995
222,990
253,286
244,112
230,270
225,623
230,006
219,032
220,167
217,857
217,857
220,481
224,966
403,767
398,982
446,161
443,051
443,200
441,103
417,787
396,582
396,970
399,527
387,665
390,423
404,125
404,125390,423387,665399,527396,970396,582417,787441,103443,200443,051446,161398,982403,767224,966220,481217,857217,857220,167219,032230,006225,623230,270244,112253,286222,990212,995206,016212,462232,347249,173251,748247,861238,926231,815229,566220,234211,585209,733135,513119,11488,52692,87380,89080,60774,52269,38468,78158,68755,84956,23955,41450,97044,47429,14527,73923,69921,97119,51718,62818,07018,43017,94116,90514,19813,04211,62210,696-8-7-6-6-5-5-4-20000
   Common Stock
0
0
0
28
28
28
28
28
28
28
20
28
20
20
20
20
20
20
20
20
20
20
20
20
22
23
27
27
27
27
27
27
30
30
32
33
33
37
37
41
42
46
46
46
47
47
47
47
47
47
48
48
48
48
48
51
51
51
51
53
53
53
53
53
54
55
75
75
76
77
77
77
78
78
78
78
75
85
88
88857578787878777777767575555453535353535151515148484848484747474747474646464241373733333230302727272727272322202020202020202020202020282028282828282828000
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,655
20,040
19,210
21,593
22,499
23,093
25,260
27,497
26,452
18,763
4,119
-9,967
1,190
14,724
16,390
22,522
27,948
30,291
31,056
31,144
33,938
33,372
24,545
392
-11,166
-9,248
-3,802
-74
1,300
-5,221
-9,497
-13,906
-21,225
-9,135
-16,686
-18,260
-14,205
-15,664
-27,080
-33,483
7,447
-422
-4,216
-5,832
-4,216
-7,390
-16,340
-16,369
-12,641
0
0
00-12,641-16,369-16,340-7,390-4,216-5,832-4,216-4227,447-33,483-27,080-15,664-14,205-18,260-16,686-9,135-21,225-13,906-9,497-5,2211,300-74-3,802-9,248-11,16639224,54533,37233,93831,14431,05630,29127,94822,52216,39014,7241,190-9,9674,11918,76326,45227,49725,26023,09322,49921,59319,21020,04019,6550000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
596
596
641
758
805
1,111
1,163
1,225
1,237
1,254
1,251
1,937
1,931
2,068
2,664
3,261
3,580
4,408
4,785
5,078
5,473
7,907
7,647
5,502
6,087
6,812
7,134
7,615
6,404
5,687
5,578
4,890
5,383
5,831
-1,267
-4,742
-3,217
-10,370
-11,175
-20,157
-18,365
-15,247
-11,214
-6,311
1,154
-11,433
-19,541
-19,921
-14,517
-19,433
-27,964
-23,000
-22,724
-25,769
-17,552
-8,778
-9,954
-5,079
-5,195
252
1,262
-18,705
-39,638
-28,333
-26,751
-46,030
-48,132
-36,970
-36,970-48,132-46,030-26,751-28,333-39,638-18,7051,262252-5,195-5,079-9,954-8,778-17,552-25,769-22,724-23,000-27,964-19,433-14,517-19,921-19,541-11,4331,154-6,311-11,214-15,247-18,365-20,157-11,175-10,370-3,217-4,742-1,2675,8315,3834,8905,5785,6876,4047,6157,1346,8126,0875,5027,6477,9075,4735,0784,7854,4083,5803,2612,6642,0681,9311,9371,2511,2541,2371,2251,1631,11180575864159659600000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
31,324
31,386
31,533
31,593
38,346
38,614
43,728
46,990
47,594
66,938
76,755
122,636
128,594
189,386
190,258
192,282
195,740
202,744
212,564
219,887
228,134
226,930
227,911
230,388
232,381
233,409
233,055
252,155
254,193
254,981
254,990
258,377
259,637
259,691
259,691
259,714
262,879
260,605
439,549
442,343
443,717
448,592
449,479
449,559
449,479
450,381
451,374
452,377
446,260
0
0
00446,260452,377451,374450,381449,479449,559449,479448,592443,717442,343439,549260,605262,879259,714259,691259,691259,637258,377254,990254,981254,193252,155233,055233,409232,381230,388227,911226,930228,134219,887212,564202,744195,740192,282190,258189,386128,594122,63676,75566,93847,59446,99043,72838,61438,34631,59331,53331,38631,3240000000000000000000000000000
   Treasury Stock000000000000000-2,478-2,478-2,4780000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
83
83
83
83
83
83
83
91
83
7,138
7,138
7,138
7,138
7,138
7,138
7,138
7,348
7,663
7,979
8,967
10,879
13,591
16,121
31,090
31,329
31,324
31,386
31,533
31,593
38,346
38,614
43,728
46,990
47,594
66,938
76,755
122,636
128,594
189,386
190,258
192,282
195,740
202,744
212,564
219,887
228,134
226,930
227,911
230,388
232,381
233,409
233,055
252,155
254,193
254,981
254,990
258,377
259,637
257,213
-25,202
257,213
260,401
258,127
439,549
442,343
443,717
448,592
447,087
445,597
444,184
443,532
441,566
442,569
446,260
450,242
457,340
457,340450,242446,260442,569441,566443,532444,184445,597447,087448,592443,717442,343439,549258,127260,401257,213-25,202257,213259,637258,377254,990254,981254,193252,155233,055233,409232,381230,388227,911226,930228,134219,887212,564202,744195,740192,282190,258189,386128,594122,63676,75566,93847,59446,99043,72838,61438,34631,59331,53331,38631,32431,32931,09016,12113,59110,8798,9677,9797,6637,3487,1387,1387,1387,1387,1387,1387,138839183838383838383000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue123,599
Cost of Revenue-82,229
Gross Profit41,37041,370
 
Operating Income (+$)
Gross Profit41,370
Operating Expense-52,983
Operating Income-11,613-11,613
 
Operating Expense (+$)
Research Development4,265
Selling General Administrative35,381
Selling And Marketing Expenses13,336
Operating Expense52,98352,983
 
Net Interest Income (+$)
Interest Income7,671
Interest Expense-1,327
Other Finance Cost-361
Net Interest Income6,705
 
Pretax Income (+$)
Operating Income-11,613
Net Interest Income6,705
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,473-26,698
EBIT - interestExpense = -12,940
1,810
1,334
Interest Expense1,327
Earnings Before Interest and Taxes (EBIT)-11,6134,800
Earnings Before Interest and Taxes (EBITDA)301
 
After tax Income (+$)
Income Before Tax3,473
Tax Provision--319
Net Income From Continuing Ops-4,1703,791
Net Income7
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses135,212
Total Other Income/Expenses Net15,085-6,705
 

Technical Analysis of Kandi Technologies Group Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Kandi Technologies Group Inc. The general trend of Kandi Technologies Group Inc is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Kandi Technologies Group Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Kandi Technologies Group Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 2.22 < 2.2297 < 2.23.

The bearish price targets are: 2 > 2 > 2.

Tweet this
Kandi Technologies Group Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Kandi Technologies Group Inc. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Kandi Technologies Group Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Kandi Technologies Group Inc. The current macd is -0.12657872.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kandi Technologies Group Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Kandi Technologies Group Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Kandi Technologies Group Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Kandi Technologies Group Inc Daily Moving Average Convergence/Divergence (MACD) ChartKandi Technologies Group Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Kandi Technologies Group Inc. The current adx is 38.14.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Kandi Technologies Group Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Kandi Technologies Group Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Kandi Technologies Group Inc. The current sar is 2.20532081.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Kandi Technologies Group Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Kandi Technologies Group Inc. The current rsi is 23.30. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Kandi Technologies Group Inc Daily Relative Strength Index (RSI) ChartKandi Technologies Group Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Kandi Technologies Group Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kandi Technologies Group Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Kandi Technologies Group Inc Daily Stochastic Oscillator ChartKandi Technologies Group Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Kandi Technologies Group Inc. The current cci is -140.81101432.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Kandi Technologies Group Inc Daily Commodity Channel Index (CCI) ChartKandi Technologies Group Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Kandi Technologies Group Inc. The current cmo is -65.24024515.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Kandi Technologies Group Inc Daily Chande Momentum Oscillator (CMO) ChartKandi Technologies Group Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Kandi Technologies Group Inc. The current willr is -93.75.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Kandi Technologies Group Inc Daily Williams %R ChartKandi Technologies Group Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Kandi Technologies Group Inc.

Kandi Technologies Group Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Kandi Technologies Group Inc. The current atr is 0.0973212.

Kandi Technologies Group Inc Daily Average True Range (ATR) ChartKandi Technologies Group Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Kandi Technologies Group Inc. The current obv is -545,307.

Kandi Technologies Group Inc Daily On-Balance Volume (OBV) ChartKandi Technologies Group Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Kandi Technologies Group Inc. The current mfi is 11.88.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Kandi Technologies Group Inc Daily Money Flow Index (MFI) ChartKandi Technologies Group Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Kandi Technologies Group Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Kandi Technologies Group Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Kandi Technologies Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5023.297
Ma 20Greater thanMa 502.309
Ma 50Greater thanMa 1002.512
Ma 100Greater thanMa 2002.683
OpenGreater thanClose2.050
Total0/5 (0.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Kandi Technologies Group Inc with someone you think should read this too:
  • Are you bullish or bearish on Kandi Technologies Group Inc? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Kandi Technologies Group Inc? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Kandi Technologies Group Inc

I send you an email if I find something interesting about Kandi Technologies Group Inc.


Comments

How you think about this?

Leave a comment

Stay informed about Kandi Technologies Group Inc.

Receive notifications about Kandi Technologies Group Inc in your mailbox!