Kandi Technologies Group vs Xos
Kandi Technologies Group is the larger business, with $87.4m of revenue in fiscal 2025 against $46.0m for Xos (1.9 times as much). Xos grew faster (-17.8% against -31.5%). Xos kept more of each dollar of sales as profit: a net margin of -55.1% against -107.4%. Kandi Technologies Group carries less debt relative to equity (13.6% against 81.2%).
| Latest fiscal year | Kandi Technologies GroupKNDI, 2025 | XosXOS, 2025 |
|---|---|---|
| Revenue | $87.4m | $46.0m |
| Revenue growth | -31.5% | -17.8% |
| Net income | −$93.9m | −$25.3m |
| Operating margin | -65.4% | -71.9% |
| Net margin | -107.4% | -55.1% |
| Return on equity | -30.5% | -87.2% |
| Free cash flow | $96.4m | $5.4m |
| Cash | $35.5m | $14.0m |
| Total debt | $36.9m | $19.5m |
| Debt to equity | 13.6% | 81.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $269m | $40.0m |
| Price vs our value range | — | — |
| Moat score | — | 10 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 44 sales |