Return On Asset ratio Analysis of Kandi Technologies Group Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Very Poor ROA
-0.884
Period Ending - Dec-22
Very Poor ROA
-2.51
Growth
64.77 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
0
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0
ROA Analysis of Kandi Technologies Group Inc
ROA Ratio of Kandi Technologies Group Inc with value of 0 means poor return on Assets in trailing twelve months. |
ROA Ratio of Kandi Technologies Group Inc with value of 0 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of KNDI rose handsomely by 64.77 % this year. |
ROA Ratio with value of 4.40 was highest in Year Dec-21 in last Five Years. |
ROA Ratio with value of -2.51 was lowest in Year Dec-22 in last Five Years. |
Latest ROA Ratio with value of -0.884 is lower than Average ROA of -0.607 in last five years. |
ROA of Kandi Technologies Group Inc is negative because of negative Income in FY ended on Dec-23. |
Other ROA Related Info of KNDI that may interest you.
Kandi Technologies Group Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
KNDI | 2.23 | 2.24 | 0.446 % | Auto Parts |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Asset of Kandi Technologies Group Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | -0.884 | -2.51 | 4.40 | -2.10 | -1.94 | -1.33 | -6.47 |
Change | 64.77 % | -157.11 % | 309.43 % | -8.38 % | -45.83 % | 79.47 % | -336.75 % |
FY Chart of Return On Asset of Kandi Technologies Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)