Kandi Technologies (KNDI) Debt to Equity (2023 - 2025)

Kandi Technologies' quarterly Debt to Equity came in at $0.11 in Q4 2025, down 9.22% year-on-year from $0.13 in Q4 2024, and up 7.84% quarter-over-quarter from $0.11 in Q2 2025.

Kandi Technologies has reported Debt to Equity for 3 years, with the latest figure at $0.11 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity fell 9.22% year-over-year to $0.11; the trailing twelve-month figure through Dec 2025 stood at $0.11 (down 9.22% YoY), and the FY2025 full-year result was $0.11, down 9.22% from the prior year.
  • Debt to Equity for Q4 2025 stood at $0.11, up from $0.11 in the prior quarter.
  • The five-year high for Debt to Equity was $0.13 in Q4 2024, with the low at $0.04 in Q4 2023.
  • Average Debt to Equity over 3 years is $0.09, with a median of $0.09 recorded in 2024.
  • Year-over-year, Debt to Equity surged 192.0% in 2024 and fell 9.22% in 2025.
  • Tracing KNDI's Debt to Equity over 3 years: stood at $0.04 in 2023, then jumped by 192.0% to $0.13 in 2024, then retreated by 9.22% to $0.11 in 2025.
  • The last three Debt to Equity figures came in at $0.11 (Q4 2025), $0.11 (Q2 2025), and $0.13 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 1.43
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 0.20
3 Polaris 4.05 Bn 3.77 Bn - 2.79
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn -
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 1.17
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 0.53
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 0.68
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn 0.36
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 0.32
10 Kandi Technologies 69.40 Mn -30.00 Mn - 0.11

Historic Data

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DateValue
Dec 31, 2025 0.11
Jun 30, 2025 0.11
Dec 31, 2024 0.13
Sep 30, 2024 0.08
Jun 30, 2024 0.05
Dec 31, 2023 0.04