KNDI official logo KNDI
KNDI 1-star rating from Upturn Advisory
Kandi Technologies Group Inc (KNDI) company logo

Kandi Technologies Group Inc (KNDI)

Kandi Technologies Group Inc (KNDI) 1-star rating from Upturn Advisory
$1.04
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PASS
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Upturn Advisory Summary

11/12/2025: KNDI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -4.86%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/12/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 99.74M USD
Price to earnings Ratio -
1Y Target Price 5
Price to earnings Ratio -
1Y Target Price 5
Volume (30-day avg) -
Beta 0.98
52 Weeks Range 0.89 - 2.15
Updated Date 06/30/2025
52 Weeks Range 0.89 - 2.15
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.59

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -39.58%
Operating Margin (TTM) -88.79%

Management Effectiveness

Return on Assets (TTM) -5.76%
Return on Equity (TTM) -13.53%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 141810219
Price to Sales(TTM) 0.78
Enterprise Value 141810219
Price to Sales(TTM) 0.78
Enterprise Value to Revenue 1.11
Enterprise Value to EBITDA 22.51
Shares Outstanding 85985696
Shares Floating 71211609
Shares Outstanding 85985696
Shares Floating 71211609
Percent Insiders 17.18
Percent Institutions 0.99

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Kandi Technologies Group Inc

Kandi Technologies Group Inc(KNDI) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Kandi Technologies Group Inc was established in 2002. Initially focused on manufacturing go-karts and ATVs, it transitioned to electric vehicles (EVs) and related components. Significant milestones include partnerships with Geely and expansion into the EV battery market.

Company business area logo Core Business Areas

  • Electric Vehicle (EV) Products: Development, production, and sales of electric vehicles, including pure EVs and EV parts. It has expanded in recent years into the off-road electric vehicle market, including primarily ATVs and UTVs.
  • EV Parts: Manufacturing and distribution of EV components, focusing on batteries, motors, and electronic control systems.

leadership logo Leadership and Structure

The leadership team includes Hu Xiaoming (Chairman and CEO). The organizational structure consists of several business units focusing on different aspects of EV production and sales.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Electric ATVs and UTVs: Kandi primarily focuses on off-road recreational vehicles, including electric ATVs and UTVs. Market share data is difficult to ascertain, as Kandi does not break it out. Competitors include Polaris (PII), Can-Am (BRP), Kawasaki and Honda. There is also a fast growing Chinese ATV/UTV market.

Market Dynamics

industry overview logo Industry Overview

The electric vehicle market is experiencing rapid growth due to increasing environmental concerns and government incentives. The market is becoming increasingly competitive, with established automakers and new entrants.

Positioning

Kandi primarily focuses on the lower end of the EV market, aiming to provide affordable electric vehicle options. Aims to be a cost leader.

Total Addressable Market (TAM)

The global EV market is projected to reach trillions of dollars by the end of the decade. Kandi is positioned to capture a portion of this market by offering affordable EVs.

Upturn SWOT Analysis

Strengths

  • Cost-effective manufacturing capabilities
  • Established presence in the Chinese market
  • Focus on affordable EVs

Weaknesses

  • Limited brand recognition outside of China
  • History of past SEC issues and delisting notices
  • Dependence on government subsidies
  • Questionable accounting practices

Opportunities

  • Expanding into new international markets
  • Developing new EV models and technologies
  • Securing partnerships with other automotive companies
  • Growing demand for affordable EVs

Threats

  • Increased competition from established automakers
  • Changes in government regulations and subsidies
  • Fluctuations in raw material prices
  • Technological advancements rendering existing products obsolete

Competitors and Market Share

Key competitor logo Key Competitors

  • GM (GM)
  • TSLA
  • F
  • LCID
  • RIVN

Competitive Landscape

Kandi faces significant competition from established automakers and emerging EV manufacturers. Its competitive advantage lies in cost-effective manufacturing, but it needs to improve brand recognition and product quality.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been inconsistent due to the fluctuations and challenges faced by Kandi.

Future Projections: Future projections are uncertain due to the unpredictable nature of the EV market and Kandi's past performance.

Recent Initiatives: Recent initiatives include the expansion of their electric ATV/UTV product line and attempts to enter new markets.

Summary

Kandi Technologies Group Inc is positioned in the EV market as an affordable option but faces intense competition and challenges. It has limited brand recognition outside China and has a difficult to ascertain financial history. Recent initiatives focusing on ATVs/UTVs show some potential, but the company needs to address its weaknesses to achieve sustainable growth and transparency in order to improve investor confidence. Continued challenges and scrutiny will be a major risk.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Market Research Reports
  • Financial News Sources
  • Analyst Estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Kandi Technologies Group Inc

Exchange NASDAQ
Headquaters -
IPO Launch date 2007-09-04
CEO & President Mr. Feng Chen
Sector Consumer Cyclical
Industry Recreational Vehicles
Full time employees 739
Full time employees 739

Kandi Technologies Group, Inc. engages in designing, developing, manufacturing, and commercializing electric vehicle (EV) products and parts in the People's Republic of China, the United States and internationally. The company offers also off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and battery packs and smart battery swap system. The company was formerly known as Kandi Technologies, Corp. and changed its name to Kandi Technologies Group, Inc. in December 2012. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People's Republic of China.