KNDI (Kandi Technologies Group) EBIT: $-89.75 Mil (TTM As of Dec. 2025)


KNDI Kandi Technologies Group Inc KNDI
55 GF Score
Price $0.61
GF Value $1.18
Valuation Possible Value Trap
! 7 Warning Signs
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What is Kandi Technologies Group EBIT?

Kandi Technologies Group KNDI -2.06% 55 EBIT is $-89.75 Mil as of Dec. 2025. GuruFocus rates KNDI with a GF Score™ of 55/100 and a GF Value™ of $1.18 (Possible Value Trap). The stock has 7 warning signs investors should review.

Kandi Technologies Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $-92.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $-89.75 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kandi Technologies Group's annualized ROC % for the quarter that ended in Dec. 2025 was -34.88%. Kandi Technologies Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -122.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kandi Technologies Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 918.79%.


Kandi Technologies Group  (NAS:KNDI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Kandi Technologies Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-77.382 * ( 1 - 0% )/( (237.466 + 206.258)/ 2 )
=-77.382/221.862
=-34.88 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=443.347 - 20.148 - ( 185.733 - max(0, 86.395 - 324.205+185.733))
=237.466

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=399.662 - 74.955 - ( 118.449 - max(0, 128.416 - 301.078+118.449))
=206.258

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Kandi Technologies Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-184.79/( ( (62.381 + max(106.838, 0)) + (63.935 + max(68.452, 0)) )/ 2 )
=-184.79/( ( 169.219 + 132.387 )/ 2 )
=-184.79/150.803
=-122.54 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.815 + 45.216 + 76.281) - (20.148 + 0.109 + 5.217)
=106.838

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.479 + 26.361 + 100.8) - (74.955 + 0 + 6.233)
=68.452

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Kandi Technologies Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-89.747/-9.768
=918.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kandi Technologies Group EBIT Related Terms


Kandi Technologies Group EBIT Historical Data

* Premium members only.

The historical data trend for Kandi Technologies Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kandi Technologies Group EBIT Chart

Kandi Technologies Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.62 -12.63 4.80 -53.88 -89.75

Kandi Technologies Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.47 3.79 -57.68 2.65 -92.40

KNDI vs MAMO, LFEV, VEEE: EBIT Comparison

For the Recreational Vehicles subindustry, Kandi Technologies Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kandi Technologies Group EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kandi Technologies Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kandi Technologies Group's EV-to-EBIT falls into.


KNDI
55GF Score
Kandi Technologies Group Inc KNDI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kandi Technologies Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-89.75 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-89.75 Mil mean?
Kandi Technologies Group (KNDI) has a EBIT of $-89.75 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kandi Technologies Group.
Is Kandi Technologies Group's EBIT too high?
Kandi Technologies Group's current EBIT is $-89.75 Mil. Overall, Kandi Technologies Group has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kandi Technologies Group's EBIT compare to MAMO and LFEV?
Kandi Technologies Group's EBIT of $-89.75 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kandi Technologies Group. Kandi Technologies Group's current EBIT is $-89.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandi Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Kandi Technologies Group (KNDI) is currently considered Possible Value Trap. The stock's GF Value™ is $1.18, compared to a current price of $0.61 — trading 48.1% below its estimated fair value. The current EBIT is $-89.75 Mil. Kandi Technologies Group's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Kandi Technologies Group (KNDI), the current EBIT is $-89.75 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kandi Technologies Group (KNDI) Overvalued in 2026?

Based on GuruFocus' analysis, Kandi Technologies Group stock appears to be undervalued. The current stock price of $0.61 is trading 48.1% below its estimated GF Value™ of $1.18. GuruFocus considers Kandi Technologies Group to be Possible Value Trap.

Key valuation signals for KNDI:

  • EBIT: $-89.75 Mil
  • GF Value™: $1.18 vs. price of $0.61 (48.1% below fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the KNDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kandi Technologies Group Business Description

Address Jinhua New Energy Vehicle Town, Zhejiang Province, Jinhua, CHN, 321016
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.
55GF Score

Get the complete analysis for KNDI

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.61
Price
$1.18
GF Value