In Q1, Kandi Technologies Group (NASDAQ:KNDI) posted sales of $15.98 million. Earnings were up 334.04%, but Kandi Technologies Group still reported an .
Kandi Unveils K32 Premium Fully Enclosed Electric 4WD Utility Terrain Vehicles in Hainan Factory
May 24, 2021 09:15 ET | Source: Kandi Technologies Group, Inc. Kandi Technologies Group, Inc.
JINHUA, CHINA, May 24, 2021 (GLOBE NEWSWIRE) Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today unveiled five prototypes of its new K32 Utility Terrain Vehicle (“UTV”), producedat its factory in Hainan, China. The K32 is a premium UTV, featuring pure electric four-wheel-drive propulsion and a fully enclosed cockpitwith air conditioning. Kandi intends to begin sales of the K32 in the U.S. in 2021.
The Kandi K32 UTV offers a premium experience in UTVs. Excellent off-road performance is delivered by its dual-motor four-wheel drive design. The fully enclosed cockpit creates delightful comfort not typical for a UTV, including a built-in intelligent interactive system, integrated infotainment, and refreshingly
Kandi Tech: Q1 Earnings Snapshot
May 10, 2021
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JINHUA, China (AP) Kandi Technologies Group Inc. (KNDI) on Monday reported a loss of $6.4 million in its first quarter.
The Jinhua, China-based company said it had a loss of 8 cents per share.
The electric and all-terrain vehicle maker posted revenue of $16 million in the period.
Kandi Tech shares have fallen 24% since the beginning of the year. The stock has increased 54% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KNDI at https://www.zacks.com/ap/KNDI
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Profitability Valuation
The profit margin can answer significantly to find consistent trends in a firm’s earnings, the Co has positive 9.70% profit margin that indicates every dollar of sales a firm actually keeps in earnings, and the larger number indicates improving and vise worse. Gross profit margin, operating profit margin are its sub parts that firm has 60.20% and 12.10% respectively. Moving toward returns ratio, KATE has returns on investment of 8.10% which indicates firm’s investment efficiency or to compare the efficiency of a number of different investments.
While returns on assets calculated as 13.00% that gives an idea about how efficient management is at using its assets to generate earnings. It has returns on equity of 44.50%, which is measuring a corporation’s profitability by revealing how much profit generates by KATE with the shareholders’ money. The firm attains analyst recommendation of 2.10 on scale of 1-5 with week’s performance of -7.06%.