Stocktoria
Kandi Technologies Group, Inc. KNDI
Nasdaq · XNAS · stock · Motor Vehicle Parts & Accessories · website · IPO 2007-06-07
Chart by TradingView
4/9
Piotroski F — financial health
2.75
Altman Z″ — distress risk · safe
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Financials | |||
| Revenue | $87.4M | $127.6M | $123.6M |
| Gross profit | $37.3M | $39.3M | $41.4M |
| Operating income | -$57.2M | -$68.8M | -$13.1M |
| Net income | -$93.9M | -$50.5M | $7,132 |
| Operating cash flow | $96.8M | -$17.8M | -$101.2M |
| Total assets | $399.7M | $473.9M | $495.5M |
| Total liabilities | $129.6M | $127.3M | $88.9M |
| Shareholders' equity | $270.1M | $346.6M | $406.5M |
| Ratios | |||
| Gross margin | 42.6% | 30.8% | 33.5% |
| Operating margin | -65.4% | -53.9% | -10.6% |
| Net margin | -107.4% | -39.6% | 0.0% |
| Return on assets | -23.5% | -10.7% | 0.0% |
| Return on equity | -34.8% | -14.6% | 0.0% |
| Debt / equity | 0.02× | 0.02× | 0.02× |
| Current ratio | 2.34 | 2.95 | 4.48 |
| Revenue growth | -31.5% | 3.2% | — |
Why these scores methodology →
Piotroski F-score: 4/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 2.75 (safe)
- Working capital / assets 0.432
- Retained earnings / assets -0.402
- EBIT / assets -0.143
- Equity / liabilities 2.084
Sector peers
VFS · TM · HMC · SONY · AAPL · XOM · all Manufacturing →
Source: SEC EDGAR filings · CIK 0001720250 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.