Kandi Technologies GroupKNDI +3.27%55 Gross Margin % is 40.87% as of Dec. 2025, which is 128% above its 10-year median of 17.89. 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. Among 1,311 Vehicles & Parts companies, Kandi Technologies Group ranks better than 89.09% on this metric.
KNDI's Gross Margin % is ranked better than 89.09% of 1311
companies
in the Vehicles & Parts industry
Industry Median: 19.84
vs KNDI: 42.65
Kandi Technologies Group had a gross margin of 40.87% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Kandi Technologies Group was 21.40% per year.
Kandi Technologies Group (NAS:KNDI) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Kandi Technologies Group had a gross margin of 40.87% for the quarter that ended in Dec. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Kandi Technologies Group Gross Margin % Related Terms
Kandi Technologies Group Gross Margin % Historical Data
* 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.
KNDI vs MAMO, LFEV, EZGO: Gross Margin % Comparison
For the Recreational Vehicles subindustry, Kandi Technologies Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kandi Technologies Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kandi Technologies Group's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Kandi Technologies Group (KNDI) has a Gross Margin % of 40.87% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Kandi Technologies Group and its competitors. This is 128% above median its historical median of 17.89. Over the past decade, Kandi Technologies Group's Gross Margin % has ranged from 13.69 to 42.65. According to the industry distribution chart, Kandi Technologies Group ranks #143 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 10.9%.
Is Kandi Technologies Group's Gross Margin % too high?
Kandi Technologies Group's current Gross Margin % of 40.87% is 128% above median its 10-year median of 17.89. Over the past 10 years, this metric has ranged from a low of 13.69 to a high of 42.65. The Vehicles & Parts industry median Gross Margin % is 19.84. Kandi Technologies Group's value of 40.87% is 106% above this industry median. Based on the distribution chart, Kandi Technologies Group ranks #143 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. 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 Gross Margin % compare to MAMO and LFEV?
According to the Vehicles & Parts industry distribution chart, Kandi Technologies Group ranks #143 out of 1311 companies for Gross Margin %. This places Kandi Technologies Group in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.84. Kandi Technologies Group's value of 40.87% is 106% above this benchmark. Historically, Kandi Technologies Group's own Gross Margin % has ranged from 13.69 to 42.65 over the past decade. While the company's 10-year median is 17.89 vs. the industry median of 19.84, Kandi Technologies Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kandi Technologies Group's current Gross Margin % of 40.87% is 106% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Kandi Technologies Group and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandi Technologies Group's current Gross Margin % is 40.87%, which is 128% above median its own 10-year median of 17.89. 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 $0.71 — trading 40.2% below its estimated fair value. The current Gross Margin % is 40.87%, which is 128% above median its 10-year median of 17.89 and 106% above the Vehicles & Parts industry median of 19.84. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Kandi Technologies Group (KNDI), the current Gross Margin % is 40.87% 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 $0.71 is trading 40.2% below its estimated GF Value™ of $1.18.
GuruFocus considers Kandi Technologies Group to be Possible Value Trap.
Key valuation signals for KNDI:
Gross Margin %: 40.87% (128% above median its 10-year median of 17.89)
GF Value™: $1.18 vs. price of $0.71 (40.2% below fair value)
Industry Position: 106% above the Vehicles & Parts median (#143 of 1311)
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 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
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