Kandi Technologies Group, Inc.
About Kandi Technologies Group, Inc.
Kandi Technologies Group Inc is engaged in developing, manufacturing, and commercializing fully electric vehicle products and related technologies. Its products mainly consist of EV parts, EV products, and off-road vehicles, including All-Terrain Vehicles (ATVs), UTVs, go-karts, electric scooters, electric self-balancing scooters, and associated parts, and Lithium-ion cells, etc. The company generates maximum revenue from the sale of Off-road vehicles and associated parts. Geographically, it derives maximum revenue from the United States and other countries, followed by China.
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Financial summary
- Revenue FY2025
- $87.4M
- Net income
- -$93.9M
- Total assets
- $399.7M
- Market cap
- $73.8M
- Gross margin
- 33.5%
- Operating margin
- -10.6%
- Net margin
- 1.4%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $123.6M
- Cost of revenue
- $82.2M
- Gross profit
- $41.4M
- Operating expenses
- $54.4M
- Operating income
- -$13.1M
- Income tax
- $1.8M
- Net income
- $1.7M
- EPS (basic)
- $0.02
- EPS (diluted)
- $0.02
Balance sheet
- Total assets
- $495.5M
- Current assets
- $343.5M
- Total liabilities
- $88.9M
- Current liabilities
- $76.7M
- Shareholders’ equity
- $406.5M
Cash flow
- Operating cash flow
- -$101.2M
- Investing cash flow
- $32.3M
- Financing cash flow
- $14.8M
- Net cash flow
- -$57.4M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $73.8M
- P/E ratio
- 37.5
- EPS (diluted)
- $0.02
- Shares outstanding
- 98.3M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Dec 27, 2006
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $93.9M in FY2025.
- Revenue declined 9% from FY2019 to FY2023.
- Gross margin of 33.5%, net margin 1.4%.
- Trading 55% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 37.5.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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