Pricing Log in Create free account
Sunday 11 October 2026 Export all KNDI data to Excel Powerpack

Kandi Technologies Group, Inc.

KNDI Consumer Cyclical Recreational Vehicles

Kandi Technologies Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $87.4 million, down 31.5% from fiscal 2024.

0.61 0.03 −4.69%
Market cap
$63.9M
P/E
0.0×
Fwd P/E
0.0×
Dividend yield
—
F-score
5/9
Altman Z
0.01
Beneish M
−5.74
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.52%

Capital & Financial Ratios $m

Market Cap 63.85
Revenue 133.88
Net Income (3.31)
Free Cash Flow (114.41)
Net Debt (242.48)
Current Ratio 2.26 (at or above 1.5: strong)
Debt/Equity 0.14 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E 0.00
P/S ratio 0.39
P/B ratio 0.13
Past 5Y EPS Growth —
This Y EPS Growth (300.00%) (below 0%: weak)
Next Y EPS Growth 250.00% (at or above 15%: strong)
Next Y revenue growth 95.22% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is −1.4×, against a ten-year median of 1.5×; over the ten years it ranged from −1.4× in 2026 to 5.6× in 2017.
P/S against its own 10 years 0.74%
10-year low 10-year high
P/B against its own 10 years 0.74%
10-year low 10-year high
EV/FCF against its own 10 years 53.32%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 128 126 212 286
Receivables 25 171 55 18
Inventory 62 51 26 28
Other 3 1 5 4
344 355 301 340
2023 2024 2025 Q'26
Payables 29 25 22 23
ST’ Debt 9 38 31 43
Other 5 6 6 8
77 120 128 151

Compound Annual Growth %

10y 5y 3y
Sales (7.99%) 2.60% (9.46%)
Cash Flow 0.00% 0.00% 45.42%
Earnings 0.00% 0.00% 0.00%
Book Value 1.23% (7.73%) (12.10%)

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 87
’24 — 39 30 — 128
’23 23 36 36 28 124
’22 25 21 34 38 118
’21 16 30 17 29 91
’20 6 19 19 32 77
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 97
’24 — — — — (18)
’23 7 4 15 (128) (101)
’22 6 17 (10) 18 31
’21 (6) (6) (8) 20 0
’20 (27) (8) 21 (38) (51)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 96
’24 — — — — (19)
’23 7 3 4 (128) (114)
’22 5 16 (10) 16 28
’21 (16) 19 (14) 16 4
’20 (27) 27 36 (53) (16)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — (1.12)
’24 — 0.02 (0.05) — (0.59)
’23 0.01 0.06 0.02 (0.06) 0.02
’22 (0.02) (0.02) 0.01 (0.14) (0.17)
’21 (0.08) 0.54 (0.10) (0.05) 0.30
’20 (0.03) 0.08 (0.03) (0.20) (0.19)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 3.40 3.50 3.54 3.61 2.17 3.09 2.00 2.22 0.89 0.78

Analyst estimates 2026–2028

Powerpack
High 10.90 9.90 8.25 9.23 17.45 10.98 3.75 4.27 3.13 1.81
People
People Employees 497 564 705 594 638 837 971 840 739 595
Revenue/emp, $m 0.26 0.18 0.16 0.23 0.12 0.11 0.12 0.15 0.17 0.15
Income, $m
Income, $m Revenue 129 103 112 136 77 91 118 124 128 87
Gross margin, % 13.69 13.95 18.01 18.73 17.53 17.76 16.57 33.47 30.78 42.65
EBT (6) (32) 2 (8) (15) 29 (13) 3 (56) (92)
EBT margin, % (4.50) (30.75) 1.85 (5.81) (20.07) 31.93 (11.32) 2.81 (43.96) (104.80)
Net income (7) (28) (6) (7) (10) 23 (13) 2 (51) (96)
Depreciation 5 5 4 8 8 10 12 12 12 6
Per share, $
Per share, $ Revenue 2.73 2.14 2.20 2.59 1.37 1.20 1.56 1.57 1.48 1.05
Earnings (0.14) (0.59) (0.11) (0.14) (0.19) 0.30 (0.17) 0.02 (0.59) (1.12)
Cash flow (1.04) (0.07) 0.27 (0.57) (0.91) 0.00 0.42 (1.29) (0.21) 1.16
Capex (0.13) (0.04) (0.02) (0.01) 0.61 0.05 (0.05) (0.17) (0.01) (0.01)
Free cash flow (1.18) (0.11) 0.24 (0.58) (0.29) 0.06 0.37 (1.45) (0.22) 1.15
Book value 4.90 4.65 4.41 4.16 7.22 5.82 5.26 5.16 4.02 3.23
Shares, m 47 48 51 52 56 76 76 79 86 84
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 10.35 0.00 94.00 0.00 0.00
P/S 1.76 3.36 1.65 1.82 5.02 2.67 1.49 1.80 0.77 0.51
P/B 0.98 1.55 0.82 1.14 0.96 0.55 0.44 0.55 0.25 0.17
EV/Sales 2.02 3.82 1.98 2.10 3.33 0.26 (0.41) 0.91 (0.93) (1.07)
EV/FCF (4.82) (77.28) 17.85 (9.32) (15.52) 21.16 (2.20) (0.93) 1.03 1.20
Cash, $m
Cash, $m Operating cash flow (50) (3) 14 (30) (51) 0 31 (101) (18) 97
Capex (6) (2) (1) (1) 34 4 (4) (13) (1) 0
Free cash flow (56) (5) 12 (30) (16) 4 28 (114) (19) 96
Balance, $m
Balance, $m Working capital 86 54 3 64 223 278 248 267 234 173
Total debt 63 64 59 54 0 3 6 17 43 31
Net debt 33 48 37 38 (142) (221) (227) (110) (83) (181)
Shareholders’ equity 232 223 226 218 404 443 398 407 347 270
Returns, %
Returns, % ROA (1.61) (6.46) (1.31) (1.80) (2.40) 4.50 (2.42) 0.00 (10.42) (21.49)
ROIC (7.29) (6.02) (0.39) 0.22 0.18 0.38 (10.11) (2.75) (16.31) (40.21)
ROE (2.76) (12.45) (2.54) (3.24) (3.34) 5.40 (2.88) 0.00 (13.41) (30.45)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2024 · fundamentals updated 30 Sep 2026

Charts ten years each

Kandi Technologies Group, Inc. vs peers in Recreational Vehicles (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WGO Winnebago Industries, Inc. $696.8M 17.2× 16.1× −9.86% (below 0%: shrinking) −19.05% (below 0%: shrinking) +155.68% (above 0%: growing) 13.58% 3.29% Compare
MCFT MASTERCRAFT BOAT HOLDINGS, INC. $474.6M — (loss-making) 12.7× +63.41% (above 0%: growing) n/m −18.29% (below 0%: shrinking) 22.56% (4.86%) Compare
MBUU Malibu Boats, Inc. $433.3M 309× 15.3× +42.74% (above 0%: growing) +54.17% (above 0%: growing) +19.34% (above 0%: growing) 17.66% 3.16% Compare
KNDI Kandi Technologies Group, Inc. $63.9M — (loss-making) — (loss-making) −16.71% (below 0%: shrinking) n/m −880.32% (below 0%: shrinking) 31.30% (22.47%)
MAMO Massimo Group $40.2M 9.4× — −21.13% (below 0%: shrinking) +1,478.95% (above 0%: growing) +164.77% (above 0%: growing) 48.81% 11.14% Compare
VEEE Twin Vee PowerCats, Co. $5.9M — (loss-making) 4.1× −34.22% (below 0%: shrinking) n/m −19.52% (below 0%: shrinking) (5.84%) (96.58%) Compare
VMAR Vision Marine Technologies Inc. $4.1M — (loss-making) — (loss-making) +8,619.13% (above 0%: growing) n/m +183.36% (above 0%: growing) 17.35% (29.11%) Compare
FUVV Arcimoto, Inc. $3.6M — (loss-making) — (loss-making) −45.15% (below 0%: shrinking) n/m +69.65% (above 0%: growing) (166.81%) (686.82%) Compare
EZGO EZGO Technologies Ltd. $2.2M — (loss-making) — (loss-making) −46.26% (below 0%: shrinking) −300.00% (below 0%: shrinking) +46.84% (above 0%: growing) 3.53% 0.00% Compare
Median of peers $23.1M 17.2× 14.0× −15.49% +17.56% +58.25% 15.47% (2.43%)

All 16 Recreational Vehicles stocks →

Kandi Technologies Group, Inc. (KNDI) key facts

  • Concern: Kandi Technologies Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $87.4 million, down 31.5% from fiscal 2024.
  • Kandi Technologies Group, Inc. (KNDI) is a Recreational Vehicles company in the Consumer Cyclical sector, listed on Nasdaq.
  • As of October 9, 2026, KNDI traded at $0.61, a market capitalization of $63.9 million.
  • Return on equity was −30.5% and debt-to-equity 0.14.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 0.01 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Sep 30, 2026.

Kandi Technologies Group, Inc. (KNDI) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/KNDI · Data as of Sep 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com