Kandi Technologies Group Inc
NASDAQ:KNDI
Income Statement
Earnings Waterfall
Kandi Technologies Group Inc
Revenue
|
123.6m
USD
|
Cost of Revenue
|
-82.2m
USD
|
Gross Profit
|
41.4m
USD
|
Operating Expenses
|
-53m
USD
|
Operating Income
|
-11.6m
USD
|
Other Expenses
|
11.6m
USD
|
Net Income
|
7.1k
USD
|
Income Statement
Kandi Technologies Group Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
95
N/A
|
120
+27%
|
141
+17%
|
168
+19%
|
170
+1%
|
174
+2%
|
189
+9%
|
195
+3%
|
201
+3%
|
208
+3%
|
215
+3%
|
171
-21%
|
130
-24%
|
83
-36%
|
55
-34%
|
77
+40%
|
103
+33%
|
107
+4%
|
96
-10%
|
106
+10%
|
112
+6%
|
122
+9%
|
130
+6%
|
124
-5%
|
136
+10%
|
124
-9%
|
119
-4%
|
106
-11%
|
77
-28%
|
87
+13%
|
97
+12%
|
95
-2%
|
92
-4%
|
100
+10%
|
91
-9%
|
108
+18%
|
118
+9%
|
116
-2%
|
131
+13%
|
134
+2%
|
124
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(73)
|
(97)
|
(113)
|
(139)
|
(147)
|
(149)
|
(165)
|
(169)
|
(173)
|
(179)
|
(184)
|
(147)
|
(112)
|
(71)
|
(48)
|
(66)
|
(89)
|
(92)
|
(83)
|
(91)
|
(92)
|
(100)
|
(106)
|
(100)
|
(110)
|
(101)
|
(97)
|
(85)
|
(63)
|
(70)
|
(78)
|
(77)
|
(75)
|
(86)
|
(80)
|
(94)
|
(98)
|
(91)
|
(95)
|
(93)
|
(82)
|
|
Gross Profit |
22
N/A
|
23
+7%
|
28
+19%
|
29
+5%
|
23
-19%
|
25
+6%
|
24
-3%
|
26
+7%
|
28
+10%
|
29
+1%
|
31
+7%
|
24
-21%
|
18
-27%
|
12
-34%
|
7
-40%
|
11
+60%
|
14
+28%
|
15
+5%
|
13
-11%
|
15
+11%
|
20
+37%
|
22
+9%
|
24
+10%
|
23
-4%
|
25
+9%
|
23
-8%
|
23
-3%
|
21
-6%
|
14
-37%
|
17
+23%
|
19
+15%
|
18
-6%
|
16
-10%
|
14
-12%
|
11
-24%
|
15
+33%
|
20
+34%
|
25
+29%
|
36
+44%
|
41
+13%
|
41
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(20)
|
(26)
|
(29)
|
(28)
|
(18)
|
(15)
|
(15)
|
(21)
|
(32)
|
(36)
|
(43)
|
(34)
|
(49)
|
(70)
|
(66)
|
(68)
|
(40)
|
(12)
|
(10)
|
(15)
|
(22)
|
(24)
|
(26)
|
(23)
|
(25)
|
(26)
|
(25)
|
(26)
|
(27)
|
(35)
|
(54)
|
(59)
|
(63)
|
4
|
(43)
|
(40)
|
(44)
|
(49)
|
(50)
|
(60)
|
(53)
|
|
Selling, General & Administrative |
(16)
|
(22)
|
(25)
|
(24)
|
(15)
|
(13)
|
(13)
|
(19)
|
(29)
|
(33)
|
(40)
|
(31)
|
(22)
|
(23)
|
(14)
|
(16)
|
(13)
|
(4)
|
(7)
|
(7)
|
(12)
|
(14)
|
(17)
|
(18)
|
(18)
|
(20)
|
(18)
|
(19)
|
(20)
|
(21)
|
(23)
|
(23)
|
(24)
|
(26)
|
(27)
|
(29)
|
(38)
|
(40)
|
(44)
|
(51)
|
(49)
|
|
Research & Development |
(4)
|
(4)
|
(5)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(4)
|
(3)
|
(3)
|
(3)
|
(27)
|
(47)
|
(52)
|
(52)
|
(28)
|
(8)
|
(3)
|
(8)
|
(10)
|
(10)
|
(10)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(28)
|
(31)
|
(36)
|
(39)
|
(18)
|
(16)
|
(11)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
48
|
0
|
0
|
0
|
(3)
|
0
|
(5)
|
0
|
|
Operating Income |
2
N/A
|
(3)
N/A
|
(1)
+57%
|
1
N/A
|
5
+752%
|
10
+93%
|
9
-6%
|
4
-54%
|
(4)
N/A
|
(7)
-86%
|
(12)
-59%
|
(10)
+15%
|
(31)
-210%
|
(58)
-88%
|
(59)
-2%
|
(57)
+4%
|
(26)
+54%
|
3
N/A
|
4
+23%
|
(1)
N/A
|
(2)
-181%
|
(2)
-21%
|
(2)
-15%
|
1
N/A
|
1
+70%
|
(2)
N/A
|
(2)
+27%
|
(5)
-156%
|
(13)
-194%
|
(19)
-39%
|
(34)
-84%
|
(41)
-19%
|
(47)
-15%
|
18
N/A
|
(32)
N/A
|
(25)
+21%
|
(24)
+4%
|
(24)
+1%
|
(13)
+45%
|
(20)
-47%
|
(12)
+41%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(22)
|
(33)
|
(23)
|
(3)
|
9
|
25
|
21
|
14
|
21
|
15
|
16
|
12
|
(2)
|
(6)
|
(21)
|
(21)
|
(12)
|
(5)
|
6
|
2
|
(18)
|
(25)
|
(33)
|
(17)
|
(10)
|
(6)
|
(5)
|
(19)
|
(19)
|
(2)
|
3
|
6
|
19
|
5
|
5
|
6
|
6
|
7
|
7
|
7
|
9
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
14
|
14
|
0
|
49
|
48
|
48
|
0
|
0
|
0
|
(3)
|
0
|
(5)
|
0
|
(1)
|
|
Total Other Income |
1
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
4
|
4
|
5
|
5
|
28
|
32
|
31
|
31
|
6
|
4
|
5
|
3
|
22
|
20
|
19
|
21
|
1
|
4
|
4
|
3
|
3
|
(0)
|
3
|
4
|
9
|
11
|
10
|
11
|
9
|
6
|
7
|
8
|
8
|
|
Pre-Tax Income |
(20)
N/A
|
(36)
-83%
|
(23)
+34%
|
(2)
+93%
|
15
N/A
|
36
+143%
|
31
-14%
|
20
-35%
|
21
+5%
|
11
-47%
|
10
-12%
|
6
-35%
|
(6)
N/A
|
(32)
-455%
|
(49)
-52%
|
(46)
+6%
|
(32)
+32%
|
2
N/A
|
14
+825%
|
5
-68%
|
2
-53%
|
(7)
N/A
|
(16)
-112%
|
4
N/A
|
(8)
N/A
|
(4)
+49%
|
11
N/A
|
(6)
N/A
|
(15)
-164%
|
(20)
-32%
|
21
N/A
|
18
-14%
|
29
+65%
|
34
+16%
|
(18)
N/A
|
(9)
+49%
|
(13)
-49%
|
(11)
+14%
|
(4)
+64%
|
(4)
-7%
|
3
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(6)
|
(2)
|
(4)
|
(3)
|
(1)
|
1
|
4
|
4
|
3
|
(2)
|
(2)
|
(1)
|
(8)
|
(6)
|
(7)
|
(8)
|
1
|
(0)
|
(4)
|
(1)
|
5
|
5
|
1
|
(2)
|
(6)
|
(6)
|
3
|
3
|
1
|
1
|
(0)
|
0
|
(2)
|
|
Income from Continuing Operations |
(21)
|
(37)
|
(25)
|
(4)
|
12
|
32
|
27
|
16
|
15
|
9
|
6
|
3
|
(7)
|
(31)
|
(45)
|
(43)
|
(29)
|
(1)
|
12
|
4
|
(6)
|
(14)
|
(23)
|
(4)
|
(7)
|
(4)
|
7
|
(7)
|
(10)
|
(15)
|
22
|
15
|
23
|
28
|
(15)
|
(6)
|
(13)
|
(11)
|
(4)
|
(4)
|
2
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
1
|
0
|
(0)
|
(0)
|
(2)
|
|
Net Income (Common) |
(21)
N/A
|
(37)
-77%
|
(25)
+33%
|
(4)
+84%
|
12
N/A
|
32
+164%
|
27
-18%
|
16
-42%
|
15
-6%
|
9
-41%
|
6
-31%
|
3
-49%
|
(7)
N/A
|
(31)
-373%
|
(45)
-47%
|
(43)
+6%
|
(28)
+34%
|
(0)
+98%
|
12
N/A
|
4
-68%
|
(6)
N/A
|
(14)
-143%
|
(23)
-63%
|
(4)
+83%
|
(7)
-84%
|
(4)
+40%
|
7
N/A
|
(7)
N/A
|
(10)
-60%
|
(15)
-46%
|
22
N/A
|
15
-30%
|
23
+50%
|
28
+21%
|
(15)
N/A
|
(7)
+54%
|
(12)
-74%
|
(11)
+13%
|
(5)
+54%
|
(4)
+10%
|
0
N/A
|
|
EPS (Diluted) |
-0.57
N/A
|
-0.94
-65%
|
-0.61
+35%
|
-0.09
+85%
|
0.29
N/A
|
0.7
+141%
|
0.57
-19%
|
0.34
-40%
|
0.31
-9%
|
0.19
-39%
|
0.13
-32%
|
0.07
-46%
|
-0.14
N/A
|
-0.65
-364%
|
-0.95
-46%
|
-0.9
+5%
|
-0.6
+33%
|
-0.02
+97%
|
0.25
N/A
|
0.08
-68%
|
-0.11
N/A
|
-0.27
-145%
|
-0.44
-63%
|
-0.08
+82%
|
-0.14
-75%
|
-0.08
+43%
|
0.14
N/A
|
-0.12
N/A
|
-0.19
-58%
|
-0.2
-5%
|
0.28
N/A
|
0.19
-32%
|
0.3
+58%
|
0.37
+23%
|
-0.2
N/A
|
-0.1
+50%
|
-0.16
-60%
|
-0.15
+6%
|
-0.07
+53%
|
-0.06
+14%
|
0
N/A
|