Kandi Technologies Group
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
48.6134.74-35.00-11.50-32.62-34.43-37.1410.69-13.5230.92K-13.16-32.62
Price/Sales ratio
3.502.531.753.171.651.825.012.671.471.781.261.82
Price/Book Value ratio
2.812.130.981.460.821.130.950.550.430.540.511.13
Price/Cash Flow ratio
-80.03-162.73-4.60-101.4213.67-8.28-7.581.01K5.52-2.183.77-8.28
Price/Free Cash Flow ratio
-9.60-128.72-4.08-64.0014.88-8.12-5.59-12.936.28-1.924.204.20
Price/Earnings Growth ratio
-0.325.030.24-0.030.40-1.26-1.04-0.040.08-309.110.110.11
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
13.74%14.13%13.68%13.95%18.00%18.73%17.53%17.75%16.56%33.47%15.05%18.73%
Operating Profit Margin
3.08%-1.96%-23.95%-25.37%-1.45%1.25%-15.97%-50.09%-19.26%-10.56%-23.31%1.25%
Pretax Profit Margin
8.62%10.34%-4.50%-30.74%1.84%-5.80%-20.07%31.92%-11.32%2.80%-10.75%-5.80%
Net Profit Margin
7.20%7.29%-5.02%-27.57%-5.06%-5.29%-13.51%24.99%-10.90%0.00%-9.58%-5.29%
Effective Tax Rate
16.44%29.46%-11.69%10.32%374.30%8.78%32.68%21.72%3.65%51.91%1.50%8.78%
Return on Assets
3.79%3.94%-1.48%-6.46%-1.32%-1.93%-2.09%4.39%-2.66%0.00%-3.24%-1.93%
Return On Equity
5.79%6.13%-2.80%-12.71%-2.52%-3.29%-2.57%5.15%-3.23%0.00%-3.79%-3.29%
Return on Capital Employed
2.34%-1.64%-11.83%-10.27%-0.62%0.71%-2.98%-10.05%-5.65%-3.11%-9.49%0.71%
Liquidity Ratios
Current Ratio
1.391.511.481.291.011.483.66N/AN/AN/A4.041.01
Quick Ratio
1.241.321.411.200.881.273.424.823.543.671.640.88
Cash ratio
0.260.120.060.020.090.041.692.011.030.441.030.09
Days of Sales Outstanding
163.48250.41507.04656.00343.74164.51448.20247.84156.44442.67111.73164.51
Days of Inventory outstanding
38.2937.5738.9065.9387.0991.77113.34160.92150.29273.21106.3487.09
Operating Cycle
201.78287.99545.95721.94430.84256.29561.55408.76306.74715.88133.89256.29
Days of Payables Outstanding
113.78156.35378.38460.45444.65238.54197.12177.93131.15127.5992.80238.54
Cash Conversion Cycle
87.99131.63167.56261.48-13.8117.74364.42230.83175.58588.2945.15-13.81
Debt Ratios
Debt Ratio
0.120.100.170.200.160.170.000.020.050.080.170.16
Debt Equity Ratio
0.190.160.330.410.310.290.000.020.060.100.210.29
Long-term Debt to Capitalization
N/AN/A0.110.120.110.06N/A0.00N/A0.02N/A0.06
Total Debt to Capitalization
0.160.140.250.290.240.220.000.020.050.09N/A0.22
Interest Coverage Ratio
1.49-1.78-16.93-11.43-0.870.18-3.27N/AN/AN/A-38.350.18
Cash Flow to Debt Ratio
-0.18-0.07-0.63-0.030.18-0.46-550.410.021.27-2.43N/A-0.46
Company Equity Multiplier
1.521.551.891.961.901.701.221.171.211.221.211.70
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.04-0.01-0.38-0.030.12-0.22-0.660.000.26-0.810.330.12
Free Cash Flow / Operating Cash Flow Ratio
8.331.261.121.580.911.021.35-78.200.871.130.891.02
Cash Flow Coverage Ratio
-0.18-0.07-0.63-0.030.18-0.46-550.410.021.27-2.43N/A-0.46
Short Term Coverage Ratio
-0.18-0.07-1.00-0.050.31-0.59-550.410.021.27-3.052.210.31
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A