KNDI (Kandi Technologies Group) Net Income: $-93.9 Mil (TTM As of Dec. 2024)

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KNDI Kandi Technologies Group Inc KNDI
50 GF Score
Price $0.58
GF Value $1.13
Valuation Possible Value Trap
! 7 Warning Signs
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What is Kandi Technologies Group Net Income?

Kandi Technologies Group KNDI -0.94% 50 Net Income is $-93.9 Mil as of Dec. 2024. GuruFocus rates KNDI with a GF Score™ of 50/100 and a GF Value™ of $1.13 (Possible Value Trap). The stock has 7 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Kandi Technologies Group's Net Income for the three months ended in Dec. 2024 was $-48.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-93.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Kandi Technologies Group's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $-0.56.


Kandi Technologies Group  (NAS:KNDI) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Kandi Technologies Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

Earnings per Share (Diluted) (Q: Dec. 2024 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(-48.699663000012-0)/86.31167319152
=-0.56

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Kandi Technologies Group Net Income Related Terms


Kandi Technologies Group Net Income Historical Data

* Premium members only.

The historical data trend for Kandi Technologies Group's Net Income 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 Net Income Chart

Kandi Technologies Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.46 -12.12 0.01 -50.50 -93.88

Kandi Technologies Group Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Income 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 -8.95 3.73 -4.56 1.67 -48.70
KNDI
50GF Score
Kandi Technologies Group Inc KNDI
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Kandi Technologies Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Kandi Technologies Group's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-91.633075000065+-3.9368670000028++1.6859690000018
=-93.9

Kandi Technologies Group's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-55.323737000014+6.1703910000016+0+0.4536830000004
=-48.7

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-93.9 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 Net Income →
What does a Net Income of $-93.9 Mil mean?
Kandi Technologies Group (KNDI) has a Net Income of $-93.9 Mil as of Dec. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Kandi Technologies Group and its competitors.
Is Kandi Technologies Group's Net Income too high?
Kandi Technologies Group's current Net Income is $-93.9 Mil. Overall, Kandi Technologies Group has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kandi Technologies Group's Net Income compare to MAMO and LFEV?
Kandi Technologies Group's Net Income of $-93.9 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 Net Income for a Vehicles & Parts company?
A good Net Income depends on the Vehicles & Parts industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Kandi Technologies Group and its competitors. Kandi Technologies Group's current Net Income is $-93.9 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 $1.13, compared to a current price of $0.58 — trading 48.3% below its estimated fair value. The current Net Income is $-93.9 Mil. Kandi Technologies Group's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Kandi Technologies Group (KNDI), the current Net Income is $-93.9 Mil as of Dec. 2024. 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 $0.58 is trading 48.3% below its estimated GF Value™ of $1.13. GuruFocus considers Kandi Technologies Group to be Possible Value Trap.

Key valuation signals for KNDI:

  • Net Income: $-93.9 Mil
  • GF Value™: $1.13 vs. price of $0.58 (48.3% below fair value)
  • GF Score™: 50/100 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.
50GF Score

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

$0.58
Price
$1.13
GF Value