Kandi Technologies Group, Inc. (KNDI) SEC Filings & Earnings Calls
EquiReason read 8 Kandi Technologies Group, Inc. SEC filings in the last 12 months. Latest: 6-K on 2026-10-13 — Kandi Technologies announces 1-for-10 reverse stock split effective Oct 16, 2026. No financial results or operational changes disclosed. Reverse split is a capital structure adjust.
Source: SEC EDGAR filings · read by EquiReason
- Market cap
- 28.2M
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Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
13 Oct 20266-KKandi Technologies announces 1-for-10 reverse stock split effective Oct 16, 2026. No financial results or operational changes disclosed. Reverse split is a capital structure adjustment, not a fundamental business event.open
Risks flagged
Reverse stock split may indicate stock price has fallen to low levels, potentially signaling financial distress or low market confidence, though not necessarily.
“Reverse stock split implemented to consolidate shares 1-for-10”
28 Sep 20266-KKandi Technologies reports H1 2026 revenue of $57.1M (+57.4% YoY), net income $9.4M (+452.2% YoY), driven by off-road vehicle sales and Rawrr Inc. acquisition. Gross margin 43.5% vs 45.2% prior. Cash $285.7M.earningsopen
Figures in the filing · each found in the filing text
| Net Revenues · H1-2026 | $57M | +57% y/y |
| Gross Profit · H1-2026 | $25M | +51% y/y |
| Gross Margin · H1-2026 | 43.5% | |
| Net Income · H1-2026 | $9M | +452% y/y |
| Net Income per Share, Diluted · H1-2026 | $0.10 | +400% y/y |
| Cash and Cash Equivalents · 2026-06-30 | $15M | |
| Restricted Cash · 2026-06-30 | $62M | |
| Certificate of Deposit · 2026-06-30 | $209M | |
| Working Capital · 2026-06-30 | $190M | |
| Off-Road Vehicle Revenue · Off-road vehicles and associated parts · H1-2026 | $54M | +59% y/y |
Risks flagged
Gross margin contraction from 45.2% to 43.5% indicates cost pressure despite revenue growth
“Gross margin 43.5% vs 45.2% prior; cost of goods sold increased 62.3% vs revenue increase of 57.4%”
Dependence on off-road vehicle segment and recent acquisition for growth; concentration risk
“Revenue growth driven by off-road vehicles (+59.4%) and Rawrr Inc. acquisition; no other segment detail”
25 Sep 20266-KKandi Technologies files audited financial statements of Rawrr Inc. as part of previously disclosed acquisition; no new deal terms or strategic update.being acquiredopen
Figures in the filing · each found in the filing text
| Revenue · FY2025 | $16M | |
| Net income · FY2025 | $366460.00 | |
| Gross profit · FY2025 | $4M | |
| Cash and cash equivalents · 2025-12-31 | $677435.00 | |
| Total assets · 2025-12-31 | $5M | |
| Total liabilities · 2025-12-31 | $6M | |
| Stockholders' deficit · 2025-12-31 | $-915101.00 |
29 Jun 20266-KKandi Technologies acquires 51% controlling stake in Hangzhou Xinchu New Energy Technology for ~$2.9M; includes performance commitments with revenue targets for 2027-2029.acquisitionopen
Risks flagged
Performance risk: target company must achieve escalating revenue targets; failure triggers compensation or buyback obligations
“If actual revenue for any such year is less than 70% of the applicable Annual Revenue Target, the Company may elect to receive compensation or require buyback”
4 Jun 20266-KDirector resignation (personal reasons) and appointment of new independent director with automotive industry background; routine governance change.open
Figures in the filing · each found in the filing text
| annual salary · FY2026 | $8823.00 |
Risks flagged
No material risk from board change; routine governance.
“Resignation not due to disagreements; new director has relevant experience.”
8 May 20266-KNasdaq notification of minimum bid price non-compliance; 180-day cure period; potential delisting risk if not resolved.open
Risks flagged
Potential delisting if bid price not cured; may require reverse stock split.
“Nasdaq notification; non-compliance with minimum bid price requirement.”
28 Apr 202620-FKandi Technologies reported a 31.5% revenue decline and a net loss of $95.6M for FY2025, driven by tariff impacts, consumer demand slowdown, and legal accruals.earningsopen
Figures in the filing · each found in the filing text
| Net Revenue · FY2025 | $87M | -31% y/y |
| Gross Profit · FY2025 | $37M | -5% y/y |
| Gross Margin · FY2025 | 42.6% | |
| Net Loss · FY2025 | $96M | +88% y/y |
| Off-Road Vehicle Revenue · Off-road vehicles and associated parts · FY2025 | $83M | -29% y/y |
| Cash and Cash Equivalents and Restricted Cash · FY2025 | $129M | +7% y/y |
| Goodwill Impairment · FY2025 | $10M | |
| Long-Lived Asset Impairment · FY2025 | $6M | -75% y/y |
| Research and Development Expenses · FY2025 | $8M | +53% y/y |
| Selling and Marketing Expenses · FY2025 | $17M | -21% y/y |
Risks flagged
Tariff and Trade Policy Risk
“On April 2, 2025, an additional 34% tariff was imposed universally to Chinese-made products, which increased the applicable overall tariff to 54%.” · word for word
Customer Concentration Risk
“As of December 31, 2025 and 2024, our operating subsidiaries’ major customers (above 10% of the total revenue), in the aggregate, accounted for 60% and 53%, respectively, of their sales.” · word for word
Supplier Concentration Risk
“For the years ended December 31, 2025 and 2024, the major suppliers (above 10% of the total purchases) of our operating subsidiaries accounted for 66% and 51% of their purchases, respectively.” · word for word
Legal and Litigation Risk
“Net other loss was $43,135,872 for the year ended December 31, 2025, compared to net other income of $537,966 for the year ended December 31, 2024, representing an increase of loss of $43,673,838 or 8118.3% from 2024, which was largely due to accrual for the lawsuit filed against SC with claims of breach of contract, defamation and tortious interference with” · word for word
Nasdaq Delisting Risk
“Recently our Ordinary Shares have been trading below $1.00 per share for a period of trading days.” · word for word
11 Dec 20256-KKandi Technologies enters into share purchase agreement to acquire Rawrr Inc. for $23.9 million in stock, subject to conditions.acquisitionopen
Risks flagged
Related party transaction: Chairman of Rawrr is son of Kandi director, potential governance risk.
“Kenny Hu, director and Chairman of the board of Rawrr, is son of Xiaoming Hu, a director of the Company.” · word for word
Kandi Technologies Group, Inc. — questions
- What did Kandi Technologies Group, Inc. file recently?
- 8 SEC filings in the last 12 months. Latest: 6-K on 2026-10-13 — Kandi Technologies announces 1-for-10 reverse stock split effective Oct 16, 2026. No financial results or operational changes disclosed. Reverse split is a capital structure adjustment, not a fundamental business event.
Every figure on this page comes from Kandi Technologies Group, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.