Kandi Technologies Group, Inc. (KNDI) Financial Ratio Screen

NASDAQ Consumer Cyclical China USD 71M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Kandi Technologies Group, Inc. (KNDI) is potentially non-compliant in the automated ratio model. The available impermissible-income proxy of 7.88% exceeds the 5% methodology threshold. Kandi Technologies Group, Inc. operates in the Consumer Cyclical sector.

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MSCI new-inclusion financial-ratio snapshot

KNDI financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
17.9%
Pass vs 30%
Cash ratio
9.0%
Pass vs 30%
Receivables + cash
45.2%
Fail vs 30%
Impermissible income
7.9%
Fail vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Recreational Vehicles) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: 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, and internationally. The company offers all-terrain vehicles, utility vehicles, go-karts, golf carts, electric scooters, and electric self-balancing scooters for leisure and entertainment, agricultural operations, and site transportation applications. It also provides electric vehicles (EV) products and parts; lithium-ion cells; and battery packs and smart battery swap systems. The company was formerly known as Kandi Technologies, Corp and changed its name to Kandi Technologies Group, Inc. in December 2012. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People's Republic of China.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 17.9%
/ 30%
9.0%
/ 30%
45.2%
/ 30%
7.88%
/ 5%
RATIOS FAIL*
FTSE 17.9%
/ 33%
9.0%
/ 33%
45.2%
/ 50%
7.88%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-0.60
P/B Ratio
0.2
EV/EBITDA
2.5
EV: -$76M
Revenue
$128M
Growth: -53.7%
Beta
0.6
Low volatility
Current Ratio
3.8

Profitability

Gross Margin 35.3%
Operating Margin -5.3%
Net Margin -49.1%
Return on Equity (ROE) -13.7%
Return on Assets (ROA) -5.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$18M
Free Cash Flow-$19M
Total Debt$85M
Debt-to-Equity10.6
Current Ratio3.8
Total Assets$474M

Price & Trading

Last Close$0.86
50-Day MA$0.99
200-Day MA$1.11
Avg Volume309K
Beta0.6
52-Week Range
$0.78
$1.77

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Kandi Technologies Group, Inc. (KNDI)

CEO
Mr. Feng Chen
Employees
739
Sector
Consumer Cyclical
Industry
Recreational Vehicles
Country
China
Exchange
NASDAQ
Market Cap (listing currency)
USD 71M
Currency
USD

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, and internationally. The company offers all-terrain vehicles, utility vehicles, go-karts, golf carts, electric scooters, and electric self-balancing scooters for leisure and entertainment, agricultural operations, and site transportation applications. It also provides electric vehicles (EV) products and parts; lithium-ion cells; and battery packs and smart battery swap systems. The company was formerly known as Kandi Technologies, Corp and changed its name to Kandi Technologies Group, Inc. in December 2012. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People's Republic of China.

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Frequently Asked Questions

Is Kandi Technologies Group, Inc. (KNDI) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Kandi Technologies Group, Inc.'s debt ratio?

Kandi Technologies Group, Inc.'s debt ratio is 17.9% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Kandi Technologies Group, Inc.'s key financial metrics?

Kandi Technologies Group, Inc. has a market capitalization of USD 71M in its listing currency, and revenue of $128M. The company maintains a gross margin of 35.3% and a net margin of -49.1%. Return on equity stands at -13.7%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.