Kandi Historical Income Statement

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KNDI -- USA Stock  

USD 3.21  0.04  1.23%

Historical analysis of Kandi Technologies income statement accounts such as Interest Expense of 4.1 M can show how well Kandi Technologies Group performed in making a profits. Evaluating Kandi Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kandi Technologies future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Kandi Technologies latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Kandi Technologies is a good buy for the upcoming year. Please see Stocks Correlation.

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About Kandi Income Statement Analysis

Kandi Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kandi Technologies shareholders. The income statement also shows Kandi investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kandi Technologies Income Statement Chart

Kandi Technologies Group Income Statement is one of the three primary financial statements used for reporting Kandi's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kandi Technologies revenue and expense. Kandi Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period. Kandi Technologies Research and Development Expense is most likely to significantly increase in the upcoming years. The last year's value of Research and Development Expense was reported at 6.21 Million. The current Weighted Average Shares is estimated to increase to about 52.9 M, while Direct Expenses is estimated to decrease to roughly 96.4 M.
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Net Income Common Stock USD

Net Income Common Stock in USD; converted by US Dollar Exchange Rate.
Most accounts from Kandi Technologies income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please see Stocks Correlation.Kandi Technologies Research and Development Expense is most likely to significantly increase in the upcoming years. The last year's value of Research and Development Expense was reported at 6.21 Million. The current Weighted Average Shares is estimated to increase to about 52.9 M, while Direct Expenses is estimated to decrease to roughly 96.4 M.
 2017 2018 2019 2020 (projected)
Interest Expense2.28 M1.87 M4.82 M4.14 M
Gross Profit14.34 M20.25 M25.43 M25.43 M
Kandi Technologies Group, Inc., through its subsidiaries, designs, develops, manufactures, and commercializes electric vehicle products and parts and off-road vehicles in the Peoples Republic of China and internationally. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the Peoples Republic of China. Kandi Technologies operates under Auto Manufacturers classification in USA and is traded on BATS Exchange. It employs 594 people.

Kandi Technologies income statement Correlations

Kandi Technologies Account Relationship Matchups

Kandi Technologies income statement Accounts

2014201520162017201820192020 (projected)
Direct Expenses146.83 M172.65 M111.77 M88.46 M92.19 M110.31 M96.41 M
Consolidated Income12.27 M14.67 M(6.51 M)(28.35 M)(5.69 M)(7.19 M)(7.38 M)
Cost of Revenue146.83 M172.65 M111.77 M88.46 M92.19 M110.31 M107.35 M
Earning Before Interest and Taxes EBIT18.17 M23.01 M(4 M)(29.33 M)3.95 M(3.06 M)(3.14 M)
Earning Before Interest and Taxes USD18.17 M23.01 M(4 M)(29.33 M)3.95 M(3.06 M)(3.14 M)
Gross Profit23.4 M28.42 M17.72 M14.34 M20.25 M25.43 M25.43 M
Interest Expense3.48 M2.21 M1.83 M2.28 M1.87 M4.82 M4.14 M
Net Income12.27 M14.67 M(6.51 M)(28.35 M)(5.69 M)(7.19 M)(7.19 M)
Net Income Common Stock12.27 M14.67 M(6.51 M)(28.35 M)(5.69 M)(7.19 M)(7.38 M)
Net Income Common Stock USD12.27 M14.67 M(6.51 M)(28.35 M)(5.69 M)(7.19 M)(7.38 M)
Operating Expenses18.16 M32.37 M48.74 M40.43 M21.89 M24.52 M25.14 M
Operating Income5.24 M(3.95 M)(31.02 M)(26.08 M)(1.64 M)909.54 K981.34 K
Revenues170.23 M201.07 M129.49 M102.81 M112.44 M135.74 M135.74 M
Revenues USD170.23 M201.07 M129.49 M102.81 M112.44 M135.74 M130.8 M
Research and Development Expense2.76 M3.48 M26.5 M27.63 M10.08 M6.21 M7.99 M
Selling General and Administrative Expense15.4 M28.89 M22.23 M12.8 M11.8 M18.31 M17.14 M
Weighted Average Shares42.58 M46.74 M47.45 M47.94 M51.19 M52.34 M52.85 M
Weighted Average Shares Diluted42.72 M46.93 M47.45 M47.94 M51.19 M52.34 M49.93 M
Income Tax Expense2.41 M6.13 M681.55 K(3.26 M)7.77 M(692.26 K)(710.48 K)
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