Earnings Summary

Kandi Technologies Group Inc’s revenue fell -8.15% since last year same period to $22.86Mn in the Q1 2023. On a quarterly growth basis, Kandi Technologies Group Inc has generated -72.83% fall in its revenue since last 3-months.

Kandi Technologies Group Inc’s net profit jumped 98.2% since last year same period to $-0.03Mn in the Q1 2023. On a quarterly growth basis, Kandi Technologies Group Inc has generated 99.77% jump in its net profits since last 3-months.

Kandi Technologies Group Inc’s net profit margin jumped 98.04% since last year same period to -0.13% in the Q1 2023. On a quarterly growth basis, Kandi Technologies Group Inc has generated 99.14% jump in its net profit margins since last 3-months.

Kandi Technologies Group Inc’s earning per share (EPS) estimates for the current quarter stand at -0.04 - a -33.33% fall from last quarter’s estimates.

Kandi Technologies Group Inc’s earning per share (EPS) estimates for the current year stand at -0.04.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Kandi Technologies Group Inc’s return on assets (ROA) stands at -0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Kandi Technologies Group Inc’s return on equity (ROE) stands at -0.03.