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KNDI (Kandi Technologies Group) Tax Rate % : -16.55% (As of Sep. 2024)


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What is Kandi Technologies Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kandi Technologies Group's Tax Expense for the three months ended in Sep. 2024 was $0.59 Mil. Kandi Technologies Group's Pre-Tax Income for the three months ended in Sep. 2024 was $-3.58 Mil. Therefore, Kandi Technologies Group's Tax Rate % for the quarter that ended in Sep. 2024 was -16.55%.

Kandi Technologies Group Tax Rate % Historical Data

The historical data trend for Kandi Technologies Group's Tax Rate % 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.

* Premium members only.

Kandi Technologies Group Tax Rate % Chart

Kandi Technologies Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.78 32.69 21.73 3.66 51.91

Kandi Technologies Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Tax Rate % 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 6.50 -0.95 -69.96 16.12 -16.55

Kandi Technologies Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Kandi Technologies Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=1.803/3.473
=51.91 %

Kandi Technologies Group's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.593/-3.582
=-16.55 %

* 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 Tax Rate % Related Terms

Thank you for viewing the detailed overview of Kandi Technologies Group's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kandi Technologies Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kandi Technologies Group Inc (NAS:KNDI) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Jinhua New Energy Vehicle Town, Zhejiang Province, Jinhua, CHN, 321016
Website
http://www.kandivehicle.com
Kandi Technologies Group Inc is engaged in the development, production, and distribution of electric vehicle (EV) products, EV parts, and off-road vehicle products in the Chinese market. Other product offerings include all-terrain vehicles, go-karts, utility vehicles, battery packs, and other systems. It generates maximum revenue through off-road vehicles. The company generates the majority of its revenue from the United states along with other Countries, followed by China.
Executives
Xueqin Dong director, officer: Chief Executive Officer JINHUA NEW ENERGY VEHICLE TOWN, JINHUA F4 321016
Henry Yu director JINHUA CITY INDUSTRIAL ZONE, JINHUA, ZHEJIANG PROVINCE F4 321016
Lin Wang director C/O KANDI TECHNOLOGIES GROUP, INC., JINHUA NEW ENERGY VEHICLE TOWN, ZHEJIANG PROVINCE F4 321016
Chenming Sun director C/O KANDI TECHNOLOGIES GROUP, INC., JINHUA NEW ENERGY VEHICLE TOWN, ZHEJIANG PROVINCE F4 321016
Jehn Ming Lim officer: Chief Financial Officer FLAT E,7/F, BLOCK 3 ,BANYAN MANSION, WHAMPOA GARDEN,HUNG HOM, KOWLOON, HONG KONG K3 00000
Xiaoming Hu director, 10 percent owner, officer: President and CEO C/O KANDI TECHNOLOGIES GROUP, INC., JINHUA NEW ENERGY VEHICLE TOWN, ZHEJIANG PROVINCE F4 321016
Feng Zhu director JINHUA CITY INDUSTRIAL ZONE, JINHUA F4 321015
Yi Lin director JINHUA CITY INDUSTRIAL ZONE, JINHUA F4 321015
Excelvantage Group Ltd other: Sole Director JINHUA CITY INDUSTRIAL ZONE, JINHUA CITY, ZHEJIANG PROVINCE F4 321016
Cheng(henry) Wang officer: Chief Financial Officer C/O JINHUA CITY INDUSTRIAL ZONE, JINHUA, ZHEJIANG PROVINCE F4 321016
Bing Mei officer: Chief Financial Officer 42800 RIDGEWAY DR., ASHBURN VA 20148
Jingsong Qian director JINHUA CITY INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016
Xiaoying Zhu director, officer: Chief Financial Officer C/O JINHUA CITY INDUSTRIAL ZONE, JINHUA, ZHEJIANG PROVINCE F4 321016
Liming Chen director JINHUA CITY INDUSTRIAL ZONE, JINHUA ZHEJIAN PROVINCE F4 321016
Guangzheng Ni director JINHUA CITY INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016