KNDI
Bargain BinKandi Technologies Group, Inc. · Consumer Cyclical · China · $56M cap · $90K/day traded
$3.30 -3.5% · close 12 Nov · scored 13 Nov
Bargain Bin: Looks like a bargain; the quality and the trend say why it is in the bin.
As of 13 Nov 2026, the MoatMap Score for Kandi Technologies Group, Inc. (KNDI) is 45/100, ranked against 25,000+ stocks in 38 markets (Quality 38, Value 68, Momentum 34, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT KANDI TECHNOLOGIES GROUP, INC.
Read
Kandi Technologies Group, Inc., together with its subsidiaries, produces and sells electric off-road vehicles and associated parts in the People's Republic of China, the United States, Africa, Southeast Asia, Latin America, the Middle East, and internationally.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 117.8M | 123.6M | 127.6M | 87.4M | -9.5% | 108.3M |
| EPS | -0.17 | 0.00 | -0.59 | -1.12 | — | — |
| Shares | 74.2M | 87.3M | 85.5M | 82.7M | +11.5% | — |
| Debt | 24.7M | 41.5M | 84.9M | 47.2M | 24.1% | 43.6M |
| Equity | 397.0M | 404.1M | 344.7M | 270.1M | -12.1% | — |
| Op CF | 31.5M | -101.2M | -17.8M | 96.8M | 45.4% | 96.8M |
| Inv CF | -35.0M | 32.3M | 25.7M | -77.5M | — | — |
| Fin CF | -4.3M | 14.8M | 22.5M | -14.6M | — | — |
Made a new 52-week low 7 trading days ago, 73% below its 52-week high. The fall has not stopped yet.
Swung more than 87% of stocks we rank over the past year (volatility 78% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling (this stock): It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of KNDI are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| KNDI | Kandi Technologies Group, Inc.(you) | $56M | 45 |
| 0805.HK | New Gonow Recreational Vehicles Inc. | $1.7B | 26 |
| 2457.HK | Buyang International Holding Inc | $55M | 52 |
| SDA | SunCar Technology Group Inc. | $71M | 41 |
| TOUR | Tuniu Corporation | $52M | 37 |
| JXG | JX Luxventure Group Inc. | $86M | 43 |
| 0664.HK | Hangzhou Tongshifu Cultural and Creative (Group) Co., Ltd. | $88M | 41 |
| 2625.HK | Jiangsu Horizon Chain Supermarket Company Limited | $57M | 30 |
| 6898.HK | China Aluminum Cans Holdings Limited | $86M | 55 |
| 0980.HK | Lianhua Supermarket Holdings Co., Ltd. | $51M | 27 |
Peer medians: ROE 6.1% · P/E 23.4x · Gross margin 21.2%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.