Event-Driven Stocks

Kandi Technologies Group, Inc.

Consumer Discretionary · Motor Vehicles & Passenger Car Bodies · DE · SEC filings ↗ · Compare ⊕

Signs● 3 good● 3 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$123.6M$117.8M$1.2M$1.1M$792,628$17.8M
Operating income−$13.1M−$27.7M$1.3M$754,396$909,536−$1.6M
Net income$7,132−$12.1M$22.9M−$10.4M−$7.2M−$5.7M
Total assets$495.5M$483.0M$520.2M$77,965$371.2M$428.8M
Total liabilities$88.9M$85.3M$77.0M$91.5M$153.4M$203.2M
Equity$404.1M$397.0M$443.2M$403.8M$217.9M$225.6M
EPS (diluted)$0.02$-0.17$0.30—$-0.14$-0.11
Shares out.74.2M76.3M75.4M52.8M51.5M54.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−10.6%
Net margin
0.0%
Return on equity
0.0%
Return on assets
0.0%
Return on capital (ROCE)
−3.1%
Liabilities / assets
18.0%
Debt / equity
0.22×
Book value / share
$5.45
Revenue growth (YoY)
4.9%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
8.02safe
Accruals / assets
20.4%high accruals
Beneish M-Score
-2.27normal
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
59
/ 100
Profitability 60Growth 100Catalyst 33Earnings quality 0Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 3 warning● 3 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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