Kandi Technologies Group
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Kandi Technologies Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $123,599,232. The net income raised on $7,132 and profit margin reached 0%. Total operating expenses were $54,422,194.

Profit Margin

Kandi Technologies Group, Inc. (NASDAQ:KNDI): Profit margin
2014 170.22M 12.27M 7.21%
2015 201.06M 14.66M 7.29%
2016 129.49M -6.51M -5.03%
2017 102.80M -28.34M -27.57%
2018 112.43M -5.69M -5.06%
2019 135.74M -7.18M -5.3%
2020 76.92M -10.39M -13.51%
2021 91.48M 22.86M 24.99%
2022 117.81M -12.85M -10.91%
2023 123.59M 7.13K 0.01%

KNDI Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
123.59M117.81M91.48M76.92M135.74M112.43M102.80M129.49M201.06M170.22M
Cost of revenue
82.22M98.29M75.23M63.43M110.31M92.19M88.46M111.77M172.64M146.82M
Gross profit
41.37M19.51M16.24M13.48M25.43M20.24M14.34M17.72M28.41M23.40M
Operating exp.
Research and development
4.26M6.02M38.97M7.24M6.20M10.08M27.62M26.50M3.48M2.75M
Selling and marketing
13.33M5.50M4.73M6.61M4.07M3.18M1.46M1.56M633.86K1.34M
Total operating expenses
54.42M42.21M62.08M25.77M23.72M4.09M34.51M22.82M30.72M17.87M
Operating income
-13.05M-22.69M-45.83M-12.28M1.70M-1.63M-26.08M-31.01M-3.95M5.24M
Other income (expenses), net
16.52M9.36M75.04M-16.19M-9.58M-13.52M-5.52M-1.85M24.74M9.44M
Income before tax
3.47M-13.33M29.21M-15.44M-7.88M2.07M-31.61M-5.82M20.79M14.68M
Income tax expense
1.80M-487.51K6.34M-5.04M-692.25K7.77M-3.26M681.54K6.12M2.41M
Net income
7.13K-12.85M22.86M-10.39M-7.18M-5.69M-28.34M-6.51M14.66M12.27M
Earnings per share
Basic EPS
0.00-0.170.3-0.19-0.14-0.11-0.59-0.140.310.29
Diluted EPS
0.00-0.170.3-0.19-0.14-0.11-0.59-0.140.310.29
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