RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Kandi Technologies Group

Kandi Technologies Group ROA 2024

Kandi Technologies Group ROA

0

Kandi Technologies Group Dividend yield

Ticker

KNDI

ISIN

US4837091010

WKN

A0M9BA

In 2024, Kandi Technologies Group's return on assets (ROA) was 0, a -100.06% increase from the -0.03 ROA in the previous year.

Kandi Technologies Group Aktienanalyse

What does Kandi Technologies Group do?

Kandi Technologies Group Inc is a Chinese company specializing in the development and manufacturing of electric vehicles and associated solutions. It was founded in 2004 by Hu Xiaoming and is headquartered in Jinhua, China. The business model of Kandi Technologies is based on three pillars: electric vehicles, battery swapping stations, and car sharing programs. The electric vehicles are lightweight, compact, and available in various models, including smaller city cars, vans, and larger transporters. The battery swapping stations allow users to exchange the batteries of their electric vehicles within minutes instead of spending hours at a traditional charging station. And the car sharing program allows people to rent electric vehicles to meet their transportation needs without having to own a vehicle. The company is divided into several divisions, including Kandi Electric Vehicles, Kandi Vehicle Connection Technology, Kandi Smart City Development, and Kandi Financial Services. Kandi Electric Vehicles is the main division and produces the electric vehicles and battery swapping stations. Kandi Vehicle Connection Technology is responsible for the development of intelligent vehicle connectivity solutions. Kandi Smart City Development focuses on solving urban transportation issues by creating integrated mobility solutions. And Kandi Financial Services provides financial services related to car purchase and sales. One of Kandi Technologies' main products is the Kandi Coco, a small, versatile city car specifically designed for urban use. It is lightweight, nimble, and comfortable to drive. It is also very cost-effective to operate as it produces no emissions and runs on electricity. Other products of the company include the Kandi K27, a fully equipped electric vehicle with a range of up to 100 miles, and the Kandi K23, a compact SUV with a range of up to 188 miles. The company has also formed partnerships with various government agencies and companies in China to develop and implement urban transportation solutions. These include car sharing programs with the city of Hangzhou and Anhui Jianghuai Automobile Group, as well as battery swapping stations with the city of Shanghai. Although Kandi Technologies is still relatively young, it has already received several awards and recognitions, including the "Golden Classic Award" at the 3rd China Automotive Industry Awards in 2018 and the "Outstanding Innovation Award" at the China New Energy Vehicle Conference in 2017. Overall, Kandi Technologies is an emerging company focusing on the development and manufacturing of electric vehicles and associated solutions to provide sustainable, affordable, and convenient transportation options for city residents. Kandi Technologies Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Kandi Technologies Group's Return on Assets (ROA)

Kandi Technologies Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Kandi Technologies Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Kandi Technologies Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Kandi Technologies Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Kandi Technologies Group Stock

What is the Return on Assets (ROA) of Kandi Technologies Group this year?

The Return on Assets (ROA) of Kandi Technologies Group is 0 undefined this year.

What was the ROA of Kandi Technologies Group compared to the previous year?

The ROA of Kandi Technologies Group has increased by -100.06% compared to the previous year.

What consequences do high ROA have for investors of Kandi Technologies Group?

A high ROA is advantageous for investors of Kandi Technologies Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Kandi Technologies Group?

A low ROA can be unfavorable for investors of Kandi Technologies Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Kandi Technologies Group affect the company?

An increase in ROA of Kandi Technologies Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Kandi Technologies Group impact the company?

A reduction in the ROA of Kandi Technologies Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Kandi Technologies Group?

Some factors that can influence the ROA of Kandi Technologies Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Kandi Technologies Group important for investors?

The ROA of Kandi Technologies Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Kandi Technologies Group take to improve ROA?

To improve ROA, Kandi Technologies Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Kandi Technologies Group pay?

Over the past 12 months, Kandi Technologies Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Kandi Technologies Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Kandi Technologies Group?

The current dividend yield of Kandi Technologies Group is .

When does Kandi Technologies Group pay dividends?

Kandi Technologies Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Kandi Technologies Group?

Kandi Technologies Group paid dividends every year for the past 0 years.

What is the dividend of Kandi Technologies Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Kandi Technologies Group located?

Kandi Technologies Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Kandi Technologies Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Kandi Technologies Group from 6/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

When did Kandi Technologies Group pay the last dividend?

The last dividend was paid out on 6/5/2024.

What was the dividend of Kandi Technologies Group in the year 2023?

In the year 2023, Kandi Technologies Group distributed 0 USD as dividends.

In which currency does Kandi Technologies Group pay out the dividend?

The dividends of Kandi Technologies Group are distributed in USD.

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Andere Kennzahlen von Kandi Technologies Group

Our stock analysis for Kandi Technologies Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Kandi Technologies Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.