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Kandi Technologies Group Inc   (KNDI)
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Kandi Technologies Group Inc

KNDI's Financial Statements and Analysis



Kandi Technologies Group Inc reported in the third quarter of 2023 net earnings per share of $0.02 an increase by 100 % year on year from $0.01 and decline of -66.67 % from $0.06 earned in II. Quarter (Jun 30 2023).


third quarter of 2023
Earnings Per Share Revenues
$ 0.02 $  36 Mill
$+0.01     +100 % $+3M     +8.18 %



Kandi Technologies Group Inc 's Revenue rose by 8.18 % in third quarter of 2023 (Sep 30 2023) year on year, to $36 million and advanced by 1.32 % sequentially.


Kandi Technologies Group Inc is

More on KNDI's Income Statement



Kandi Technologies Group Inc 's net income of $1.277 million in the third quarter of 2023 increased by 18.96 % from net earnings of $1.073 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -70.9 % from net income of $4.387 million realized in previous quarter.

More on KNDI's Growth

Kandi Technologies Group Inc Inventories
Inventories grew by 32.48 % to $58 million from III. Quarter a year ago, sequentially inventories rose by 1.32 %. KNDI's Cash flow In the third quarter of 2023 company's net cash flow was $13 million, capital expenditures fell by -0.1825276,333.76%, to $-12 millions compare to same quarter a year ago

More on KNDI's Cash flow Statement


Kandi Technologies Group Inc does not pay out common stock dividend.

In trailing twelve-month period Kandi Technologies Group Inc earned $ 0.55 cash per share, on a free-cash flow basis .

Book value fell by -5.29 % sequentially to $4.84 per share, -891.60% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 4.38 per share from $ 4.62.

Company issued 4.92 million shares or 6.44 % in Sep 30 2023.


More on KNDI's Dividends

 Market Capitalization (Millions) 187
 Shares Outstanding (Millions) 81
 Total Debt (Millions $) 30
 Revenue (TTM) (Millions $) 134
 Net Income (TTM) (Millions $) -4
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -15
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 557




Kandi Technologies Group Inc does not pay out common stock dividend.

In trailing twelve-month period Kandi Technologies Group Inc had $ 0.55 cash flow per share, on a free-cash flow basis .

Book value fell by -5.29 % sequentially to $4.84 per share, -891.60% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 4.38 per share from $ 4.62.

Company issued 4.92 million shares or 6.44 % in Sep 30 2023.


More on KNDI's Balance Sheets

 Market Capitalization (Millions) 187
 Shares Outstanding (Millions) 81
 Total Debt (Millions $) 30
 Revenue (TTM) (Millions $) 134
 Net Income (TTM) (Millions $) -4
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -15
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 557
   


  News about Kandi Technologies Group Inc Earnings

Kandi Technologies Group Inc Witnesses Remarkable Fiscal Growth with Balanced Improvements



The stock market offers investors endless opportunities, with some companies consistently showcasing impressive financial growth. Kandi Technologies Group Inc., an Auto and Truck Manufacturers company, has recently reported an increase in revenue, profitability, and net earnings in its most recent fiscal period. Let's delve into the intriguing facts and figures of this company and its performance within the industry.
Revenue Growth
Kandi Technologies has seen a remarkable revenue surge in its most recent fiscal period, with an increase of 8.176% to $36.43 million. This growth is significant when compared to the previous year's revenue of $33.67 million, displaying the company's ability to g...

Kandi Technologies Group Inc reports a significant revenue surge in Q2 of 2023\Kandi Technologies Group Inc demonstrates remarkable year-to-date growth of 54.94%\Kandi Technologies Group Inc stock outperforms with a 32.1% rise above 52-week average

Over the past 5 days, shares of Kandi Technologies Group Inc have experienced a drop of -2.96%. Although this may seem like a negative movement, it is important to consider the larger picture. The...

Kandi Technologies Group Inc Turns the Tide: Overcomes Revenue Slump to Achieve Remarkable Earnings Surge

In the financial period ending March 31 2023, Kandi Technologies Group Inc, a leading Auto and Truck Manufacturers company, has reported favorable results in the wake of diminishing revenues. The company managed to turn around its fortunes and display Income per Share to $0.01 per share in proportion to $-0.02 shortfall. This is a significant improvement from the preceding quarter, where the company realized Revenue of $38.41 million and a bottom line of $-0.12 per share.
However, the company saw a decline in its revenue by -8.153 % to $22.86 million from $24.89 million, from Q1 the previous year. Despite this decline in revenue, the company demonstrated an exceptional ability to manage its financial res...


Date modified: 2023-11-09T23:17:55+00:00





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