kandi technologies group inc
(K8A:Frankfurt)

Last €3.02 EUR

Change Today +0.036 / 1.21%

Volume 0.0

K8A On Other Exchanges

Symbol

Exchange

KNDI:US

K8A:GR

Frankfurt

As of 4:29 AM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

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Financial Statements for kandi technologies group inc (K8A)

Year over year, Kandi Technolgies Group, Inc. has seen their bottom line shrink from $9.1M USD to $6.0M USD despite an increase in revenues from $40.2M USD to $64.5M USD. An increase in the percentage of sales devoted to cost of goods sold from 77.07% to 80.01% was a key component in the falling bottom line in the face of rising revenues.

Income Statement Balance Sheet Cash Flow

Currency in Millions of US Dollars	As of:	Dec 31 2009 Reclassified	Dec 31 2010 Reclassified	Dec 31 2011 Reclassified	Dec 31 2012	4 Year Trend
Revenues		33.8	42.9	40.2	64.5
TOTAL REVENUES		33.8	42.9	40.2	64.5
Cost of Goods Sold		25.6	33.3	31.0	51.6
GROSS PROFIT		8.2	9.6	9.2	12.9
Selling General & Admin Expenses, Total		2.9	4.5	3.9	4.7
R&D Expenses		2.3	1.9	2.3	2.9
OTHER OPERATING EXPENSES, TOTAL		5.3	6.4	6.2	7.6
OPERATING INCOME		2.9	3.2	3.0	5.3
Interest Expense		-1.8	-2.9	-1.9	-2.8
Interest and Investment Income		0.3	0.8	2.2	2.7
Other Non-Operating Expenses, Total		0.5	1.1	6.4	2.4
Other Non-Operating Income (Expenses)		0.5	1.1	6.4	2.5
Gain (Loss) on Sale of Investments		--	0.0	--	--
Other Unusual Items, Total		-0.7	-2.7	--	--
EBT, INCLUDING UNUSUAL ITEMS		1.3	-0.5	9.7	7.6
Income Tax Expense		0.3	0.4	0.6	1.5
Earnings from Continuing Operations		1.0	-1.0	9.1	6.0
NET INCOME		1.0	-1.0	9.1	6.0
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		1.0	-1.0	9.1	6.0
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		1.0	-1.0	9.1	6.0