Kandi Free Cash Flow Yield vs Price To Sales Ratio Analysis

KNDI Stock

USD 2.34 0.07 3.08%

Kandi Technologies financial indicator trend analysis is infinitely more than just investigating Kandi Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kandi Technologies is a good investment. Please check the relationship between Kandi Technologies Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kandi Technologies Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.

The correlation between Kandi Technologies' Free Cash Flow Yield and Price To Sales Ratio is 0.09. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Kandi Technologies Group, assuming nothing else is changed. The correlation between historical values of Kandi Technologies' Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Kandi Technologies Group are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Kandi Technologies' Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Kandi Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Kandi Technologies sales, a figure that is much harder to manipulate than other Kandi Technologies Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Most indicators from Kandi Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kandi Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

As of now, Kandi Technologies' Enterprise Value Multiple is increasing as compared to previous years. The Kandi Technologies' current Enterprise Value is estimated to increase to about 290.3 M, while Tax Provision is forecasted to increase to (302.7 K).

	2021	2022	2023	2024 (projected)
Gross Profit	16.2M	19.5M	41.4M	43.4M
Total Revenue	91.5M	117.8M	123.6M	104.4M

Gross Profit Total Revenue

Kandi Technologies fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Common Stock	Total Assets	Net Debt	Cash	Cash And Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total	Net Receivables	Non Current Liabilities Total	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Short Term Investments	Inventory
Other Current Liab		0.09	0.38	-0.01	-0.16	0.44	0.04	0.45	0.41	-0.25	0.3	0.39	0.56	0.34	0.35	-0.13	0.05	-0.31	0.4	-0.01	-0.05	0.25	-0.06	0.0	0.05	0.24
Total Current Liabilities	0.09		0.16	0.1	-0.14	0.17	0.99	0.11	0.55	0.5	-0.27	-0.28	-0.2	0.15	0.26	0.74	0.83	0.67	0.19	-0.02	0.94	0.76	0.66	0.35	0.14	-0.04
Total Stockholder Equity	0.38	0.16		-0.58	-0.32	0.86	0.12	0.89	0.83	-0.71	0.86	0.88	0.51	0.99	0.97	-0.28	0.32	-0.12	0.88	0.45	0.19	0.59	0.19	0.26	0.27	0.79
Retained Earnings	-0.01	0.1	-0.58		0.37	-0.53	0.07	-0.61	-0.42	0.55	-0.61	-0.59	-0.4	-0.67	-0.52	0.29	-0.01	-0.09	-0.53	-0.47	0.02	-0.31	0.01	-0.29	-0.28	-0.58
Common Stock Total Equity	-0.16	-0.14	-0.32	0.37		-0.31	-0.13	-0.28	-0.31	0.22	-0.17	-0.18	-0.12	-0.34	-0.24	0.25	-0.27	-0.08	-0.28	-0.14	-0.3	-0.4	-0.18	-0.14	-0.07	-0.23
Common Stock Shares Outstanding	0.44	0.17	0.86	-0.53	-0.31		0.14	0.97	0.88	-0.57	0.69	0.77	0.59	0.86	0.83	-0.22	0.33	-0.06	0.88	0.28	0.19	0.57	0.19	0.11	0.38	0.67
Total Liab	0.04	0.99	0.12	0.07	-0.13	0.14		0.08	0.52	0.52	-0.28	-0.3	-0.24	0.12	0.22	0.78	0.8	0.77	0.15	-0.04	0.93	0.75	0.66	0.33	0.17	-0.05
Common Stock	0.45	0.11	0.89	-0.61	-0.28	0.97	0.08		0.88	-0.68	0.8	0.82	0.58	0.89	0.85	-0.32	0.3	-0.11	0.91	0.47	0.11	0.56	0.13	0.27	0.3	0.66
Total Assets	0.41	0.55	0.83	-0.42	-0.31	0.88	0.52	0.88		-0.38	0.57	0.58	0.42	0.81	0.83	0.02	0.61	0.19	0.87	0.43	0.54	0.84	0.43	0.41	0.32	0.48
Net Debt	-0.25	0.5	-0.71	0.55	0.22	-0.57	0.52	-0.68	-0.38		-0.94	-0.9	-0.57	-0.7	-0.59	0.83	0.28	0.54	-0.63	-0.63	0.41	-0.06	0.26	-0.23	-0.06	-0.5
Cash	0.3	-0.27	0.86	-0.61	-0.17	0.69	-0.28	0.8	0.57	-0.94		0.96	0.55	0.85	0.79	-0.61	-0.08	-0.34	0.74	0.63	-0.23	0.26	-0.09	0.3	0.11	0.64
Cash And Short Term Investments	0.39	-0.28	0.88	-0.59	-0.18	0.77	-0.3	0.82	0.58	-0.9	0.96		0.69	0.87	0.82	-0.58	-0.12	-0.36	0.73	0.45	-0.23	0.22	-0.05	0.13	0.21	0.71
Other Current Assets	0.56	-0.2	0.51	-0.4	-0.12	0.59	-0.24	0.58	0.42	-0.57	0.55	0.69		0.5	0.46	-0.48	-0.29	-0.38	0.49	0.27	-0.19	0.1	-0.01	0.08	0.29	0.25
Other Stockholder Equity	0.34	0.15	0.99	-0.67	-0.34	0.86	0.12	0.89	0.81	-0.7	0.85	0.87	0.5		0.96	-0.27	0.32	-0.09	0.86	0.44	0.2	0.58	0.19	0.26	0.29	0.83
Total Current Assets	0.35	0.26	0.97	-0.52	-0.24	0.83	0.22	0.85	0.83	-0.59	0.79	0.82	0.46	0.96		-0.12	0.44	-0.04	0.78	0.39	0.28	0.55	0.37	0.31	0.16	0.79
Short Long Term Debt Total	-0.13	0.74	-0.28	0.29	0.25	-0.22	0.78	-0.32	0.02	0.83	-0.61	-0.58	-0.48	-0.27	-0.12		0.55	0.75	-0.3	-0.47	0.62	0.26	0.51	-0.04	0.02	-0.12
Net Receivables	0.05	0.83	0.32	-0.01	-0.27	0.33	0.8	0.3	0.61	0.28	-0.08	-0.12	-0.29	0.32	0.44	0.55		0.43	0.29	0.09	0.8	0.63	0.7	0.43	-0.12	0.21
Non Current Liabilities Total	-0.31	0.67	-0.12	-0.09	-0.08	-0.06	0.77	-0.11	0.19	0.54	-0.34	-0.36	-0.38	-0.09	-0.04	0.75	0.43		-0.13	-0.14	0.68	0.48	0.5	0.17	0.23	-0.12
Property Plant And Equipment Net	0.4	0.19	0.88	-0.53	-0.28	0.88	0.15	0.91	0.87	-0.63	0.74	0.73	0.49	0.86	0.78	-0.3	0.29	-0.13		0.47	0.2	0.7	0.02	0.22	0.47	0.6
Current Deferred Revenue	-0.01	-0.02	0.45	-0.47	-0.14	0.28	-0.04	0.47	0.43	-0.63	0.63	0.45	0.27	0.44	0.39	-0.47	0.09	-0.14	0.47		-0.02	0.28	0.02	0.8	-0.17	0.02
Accounts Payable	-0.05	0.94	0.19	0.02	-0.3	0.19	0.93	0.11	0.54	0.41	-0.23	-0.23	-0.19	0.2	0.28	0.62	0.8	0.68	0.2	-0.02		0.77	0.7	0.33	0.22	0.0
Non Current Assets Total	0.25	0.76	0.59	-0.31	-0.4	0.57	0.75	0.56	0.84	-0.06	0.26	0.22	0.1	0.58	0.55	0.26	0.63	0.48	0.7	0.28	0.77		0.36	0.34	0.47	0.29
Non Currrent Assets Other	-0.06	0.66	0.19	0.01	-0.18	0.19	0.66	0.13	0.43	0.26	-0.09	-0.05	-0.01	0.19	0.37	0.51	0.7	0.5	0.02	0.02	0.7	0.36		0.49	-0.18	0.01
Other Assets	0.0	0.35	0.26	-0.29	-0.14	0.11	0.33	0.27	0.41	-0.23	0.3	0.13	0.08	0.26	0.31	-0.04	0.43	0.17	0.22	0.8	0.33	0.34	0.49		-0.36	-0.15
Short Term Investments	0.05	0.14	0.27	-0.28	-0.07	0.38	0.17	0.3	0.32	-0.06	0.11	0.21	0.29	0.29	0.16	0.02	-0.12	0.23	0.47	-0.17	0.22	0.47	-0.18	-0.36		0.28
Inventory	0.24	-0.04	0.79	-0.58	-0.23	0.67	-0.05	0.66	0.48	-0.5	0.64	0.71	0.25	0.83	0.79	-0.12	0.21	-0.12	0.6	0.02	0.0	0.29	0.01	-0.15	0.28

Click cells to compare fundamentals

Kandi Technologies Account Relationship Matchups

Kandi Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	1.4M	11.2M	7.0M	21.5M	12.7M	7.4M
Total Current Liabilities	131.9M	83.8M	64.2M	81.5M	76.7M	83.7M
Total Stockholder Equity	217.9M	403.8M	443.2M	397.0M	404.1M	424.3M
Retained Earnings	(16.7M)	(27.1M)	(4.2M)	(16.3M)	(16.3M)	(15.5M)
Common Stock Total Equity	52.8K	75.4K	77.4K	77.7K	69.9K	66.4K
Common Stock Shares Outstanding	52.3M	56.0M	76.1M	75.6M	79.9M	44.1M
Total Liab	153.4M	91.5M	77.0M	85.3M	88.9M	95.6M
Common Stock	52.8K	75.4K	77.4K	77.7K	87.5K	47.2K
Total Assets	371.2M	495.2M	520.2M	483.0M	495.5M	282.8M
Net Debt	59.4M	(142.0M)	(117.9M)	(59.4M)	(52.1M)	(49.5M)
Cash	5.5M	142.1M	129.2M	84.1M	93.6M	98.3M
Cash And Short Term Investments	5.5M	142.1M	184.3M	165.3M	127.6M	134.0M
Liabilities And Stockholders Equity	371.2M	495.2M	520.2M	483.0M	495.5M	282.8M
Other Current Assets	5.7M	50.9M	63.1M	154.7M	1.9M	1.8M
Other Stockholder Equity	257.2M	439.5M	447.1M	441.6M	457.3M	480.2M
Total Current Assets	195.6M	307.1M	342.6M	329.3M	343.5M	360.7M
Short Long Term Debt Total	64.9M	92.4K	11.4M	24.7M	41.5M	48.9M
Net Receivables	135.0M	94.5M	62.1M	50.5M	149.9M	87.5M
Non Current Liabilities Total	21.5M	7.7M	12.8M	3.8M	12.3M	14.3M
Accumulated Other Comprehensive Income	(22.7M)	(8.8M)	251.8K	(28.3M)	(37.0M)	(35.1M)
Property Plant And Equipment Net	74.4M	105.6M	111.7M	97.4M	104.7M	66.1M
Current Deferred Revenue	7.9M	38.2M	11.3M	2.1M	2.4M	2.3M
Accounts Payable	72.1M	34.3M	36.7M	35.3M	28.7M	47.2M
Non Current Assets Total	175.6M	188.1M	177.6M	153.7M	151.9M	141.2M
Non Currrent Assets Other	6.0M	4.1M	11.0M	10.6M	6.9M	8.6M
Other Assets	6.7M	89.8M	2.6M	1.8M	2.0M	1.9M
Short Term Investments	47.2M	0.0	55.0M	81.2M	33.9M	31.9M
Inventory	27.7M	19.7M	33.2M	40.5M	64.2M	67.4M
Property Plant And Equipment Gross	74.4M	105.6M	111.7M	97.4M	157.6M	165.4M
Short Term Debt	50.5M	92.4K	9.1M	24.7M	33.1M	30.8M
Intangible Assets	19.1M	10.8M	16.5M	10.9M	12.9M	13.8M
Property Plant Equipment	74.4M	81.7M	111.6M	97.2M	111.7M	61.3M
Other Liab	7.1M	7.7M	10.6M	3.3M	3.0M	5.8M
Net Tangible Assets	174.7M	367.6M	390.7M	352.9M	405.8M	243.4M
Long Term Debt	29.4M	14.9M	2.2M	8.4M	9.6M	14.0M
Good Will	28.3M	29.7M	36.0M	33.2M	33.1M	34.8M
Retained Earnings Total Equity	(16.7M)	(27.1M)	(4.2M)	(16.3M)	(14.7M)	(14.0M)
Capital Surpluse	259.7M	439.5M	449.5M	451.4M	519.1M	282.7M
Deferred Long Term Liab	1.4M	3.7M	2.5M	1.4M	1.2M	2.4M
Long Term Investments	128.9M	47.2M	28.9M	157.3K	145.0K	0.0

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When determining whether Kandi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kandi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kandi Technologies Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kandi Technologies Group Stock:

How To Invest In Kandi

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Is Kandi Stock a good investment?

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What is Kandi Technologies' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Kandi Stock analysis

When running Kandi Technologies' price analysis, check to measure Kandi Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kandi Technologies is operating at the current time. Most of Kandi Technologies' value examination focuses on studying past and present price action to predict the probability of Kandi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kandi Technologies' price. Additionally, you may evaluate how the addition of Kandi Technologies to your portfolios can decrease your overall portfolio volatility.

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Is Kandi Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kandi Technologies. If investors know Kandi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kandi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.137

Revenue Per Share

1.569

Quarterly Revenue Growth

(0.26)

Return On Assets

(0.01)

Return On Equity

0.0042

The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Kandi Free Cash Flow Yield vs Price To Sales Ratio Analysis

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Price To Sales Ratio

Kandi Technologies fundamental ratios Correlations

Kandi Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kandi Technologies fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Kandi Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.97	Total Stockholder Equity
Common Stock	+ 0.97	Common Stock Shares Outstanding
Cash And Short Term Investments	+ 0.96	Cash
Total Current Assets	+ 0.96	Other Stockholder Equity

Cash	- 0.94	Net Debt
Cash And Short Term Investments	- 0.9	Net Debt
Net Debt	- 0.71	Total Stockholder Equity
Other Stockholder Equity	- 0.7	Net Debt
Net Debt	- 0.68	Common Stock
Other Stockholder Equity	- 0.67	Retained Earnings