Kandi Technologies Group Inc reported fall in Revenue in the fourth quarter 2022 by -26.17% to $ 28.36 millions, from the same quarter in 2021. The drop in the fourth quarter 2022 Kandi Technologies Group Inc 's Revenue compares unfavorably to the Company's average Revenue rise of 33.61%.
Looking into fourth quarter 2022 results within EV, Auto & Truck Manufacturers industry 15 other companies have achieved higher Revenue growth. While Kandi Technologies Group Inc ' s Revenue drop of -26.17% ranks overall at the positon no. 3790 in the fourth quarter 2022.
KNDI Revenue ( Y/Y Growth %)
2022
2021
2020
2019
4th Quarter
December
-26.17 %
33.18 %
-10.96 %
-47.62 %
3rd Quarter
September
8.2 %
100.42 %
-10.26 %
-40.93 %
2nd Quarter
June
72.5 %
-30.25 %
53.7 %
-19.5 %
1st Quarter
March
-8.16 %
55.76 %
150.86 %
-64.75 %
FY
4.91 %
28.75 %
18.95 %
-
Financial Statements
Kandi Technologies Group Inc 's fourth quarter 2022 Revenue
Revenue by Quarter for the Fiscal Years 2019, 2020, 2021, 2022
Kandi Technologies Group Inc 's Q/Q Revenue Growth
Revenue Q/Q Growth Statistics
High
Average
Low
539.25 %
30.56 %
-89.69 %
(Jun 30 2017)
KNDI's IV. Quarter Q/Q Revenue Comment
In the IV. Quarter 2022 Kandi Technologies Group Inc disclosed fall in Revenue from the third quarter by -22.16% to $ 28.36 millions, from $ 36.43 millions achived in the previous reporting period.
Although periodic circumstance commonly energize IV. Quarter 2022 Revenue, this plainly could not be substantial to rescue Auto & Truck Manufacturers's company achievement, Most analysts pointed out.
Within EV, Auto & Truck Manufacturers industry 19 other companies have achieved higher Revenue quarter on quarter growth. While Kandi Technologies Group Inc 's Revenue growth quarter on quarter, overall rank is 4015.
In the IV. Quarter 2022 Kandi Technologies Group Inc disclosed fall in Revenue from the third quarter by -22.16% to $ 28.36 millions, from $ 36.43 millions achived in the previous reporting period.
Although periodic circumstance commonly energize IV. Quarter 2022 Revenue, this plainly could not be substantial to rescue Auto & Truck Manufacturers's company achievement, Most analysts pointed out.
Within EV, Auto & Truck Manufacturers industry 19 other companies have achieved higher Revenue quarter on quarter growth. While Kandi Technologies Group Inc 's Revenue growth quarter on quarter, overall rank is 4015.
Kandi Technologies Group Inc 's 12 Months Revenue Growth Year on Year
Revenue TTM Growth
12 Months Ending (Dec 31 2023)
12 Months Ending (Sep 30 2023)
12 Months Ending (Jun 30 2023)
12 Months Ending (Mar 31 2023)
12 Months Ending (Dec 31 2022)
Cumulative Revenue 12 Months Ending
$ 123.60
$ 133.65
$ 130.90
$ 115.78
$ 117.81
Y / Y Revenue Growth (TTM)
4.91 %
23.47 %
43.27 %
15.32 %
28.78 %
Year on Year Revenue Growth Overall
Ranking
# 625
# 1144
# 1501
# 979
# 842
Seqeuential Revenue Change (TTM)
-7.52 %
2.1 %
13.05 %
-1.72 %
8.84 %
Seq. Revenue Growth (TTM) Overall
Ranking
# 1587
# 931
# 1574
# 1374
# 2064
Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Dec 31 2023 period, Kandi Technologies Group Inc 's cumulative twelve months Revenue were $ 124 millions, company would post below average annual Revenue growth of 8.84% year on year, if the fiscal year would end at Dec 31 2023. A slow-down in the Kandi Technologies Group Inc 's Revenue growth from the 36.43% growth in Sep 30 2023.
Among companies within the Consumer Discretionary sector 13 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 625, from total ranking in previous quarter at 1144.
With the quarterly Revenue reported in the Dec 31 2023 period, Kandi Technologies Group Inc 's cumulative twelve months Revenue were $ 124 millions, company would post below average annual Revenue growth of -74.34% year on year, if the fiscal year would end at Dec 31 2023. A slow-down in the Kandi Technologies Group Inc 's Revenue growth from the 36.43% growth in Sep 30 2023.
Among companies within the Consumer Discretionary sector 13 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 625, from total ranking in previous quarter at 1144.
About Kandi Technologies Group Inc Revenue Growth Rates (KNDI), Current and Historic Growth - CSIMarket Analysis
How we calculate this
This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years).
Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.
What’s included here
Company: Kandi Technologies Group Inc
(CIK 1316517).
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