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UXIN

Uxin Limited

UXIN

Uxin Limited • NASDAQ
$2.77 ▼ -1.77% (-0.05)
Market Cap $570.71 M
52w High $5.84
52w Low $2.45
Dividend Yield 0%
P/E -0.08
Volume 25.70K
Outstanding Shares 206.03M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2025 $504.229M ▼ $70.593M ▼ $-53.071M ▲ -10.525% ▲ $-7.29 ▲ $-28.839M ▲
Q4-2024 $596.802M ▲ $115.322M ▲ $-92.003M ▼ -15.416% ▼ $-12.63 ▼ $-70.627M ▼
Q3-2024 $497.22M ▲ $73.509M ▼ $-60.837M ▼ -12.235% ▲ $-8.34 ▼ $-37.503M ▼
Q2-2024 $401.184M ▲ $88.069M ▼ $-51.471M ▲ -12.83% ▲ $-7.08 ▲ $-26.934M ▲
Q1-2024 $319.151M $130.884M $-144.349M -45.229% $-23.88 $-112.787M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2025 $103.366M ▲ $1.997B ▲ $2.138B ▼ $-310.801M ▲
Q4-2024 $25.112M ▼ $1.952B ▲ $2.165B ▲ $-368.002M ▼
Q3-2024 $29.094M ▲ $1.904B ▲ $2.085B ▲ $-333.875M ▼
Q2-2024 $17.162M ▼ $1.829B ▼ $1.983B ▼ $-305.178M ▼
Q1-2024 $23.339M $2.088B $2.231B $-292.851M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $-92.003M ▼ $0 $0 $0 $0 $0
Q3-2024 $-60.837M ▼ $0 $0 $0 $0 $0
Q2-2024 $-51.471M ▲ $0 $0 $0 $0 $0
Q1-2024 $-141.504M ▼ $0 $0 $0 $0 $0
Q4-2023 $-79.333M $0 $0 $0 $0 $0

Revenue by Products

Product Q3-2021Q1-2022Q1-2024Q4-2024
Retail Vehicle Sales
Retail Vehicle Sales
 $230.00M ▲$550.00M ▲$1.02Bn ▲$1.32Bn ▲
Service Other
Service Other
 $20.00M ▲$10.00M ▼$30.00M ▲$50.00M ▲
Wholesale Vehicle Sales
Wholesale Vehicle Sales
 $380.00M ▲$450.00M ▲$320.00M ▼$130.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has been growing recently after a softer period, and gross profit has turned positive and is slowly improving. However, the company is still running at a clear loss at the operating and net income levels. Losses have narrowed compared with the worst years, but the business has not yet shown a stable path to profitability. The model is still in the “investment and scale‑up” phase rather than a mature, profit‑generating phase.

Balance Sheet

Balance Sheet The balance sheet is a key weak point. Cash on hand is very limited relative to the size of the business, while borrowings are high. Shareholder equity has been negative for several years, meaning liabilities exceed assets. Although this deficit has improved somewhat, it still signals financial strain and dependence on lenders or fresh capital. Overall, the company operates with thin financial cushions and elevated balance‑sheet risk.

Cash Flow

Cash Flow The core business continues to use cash rather than generate it. Operating cash flow has been negative every year, though the rate of cash burn has eased from earlier, more aggressive investment years. Capital spending is modest, so free cash flow closely tracks operating cash flow and is also negative. This combination—ongoing losses and cash outflows—means the company likely needs continued external financing to support its expansion plan.

Competitive Edge

Competitive Edge Uxin is trying to stand out in China’s crowded used‑car market by controlling the whole process: buying cars, refurbishing them in its own facilities, and selling through large superstores supported by an online platform. This integrated approach aims to build trust and deliver more consistent quality than many small, fragmented dealers. Partnerships with local governments and state‑linked groups add some support. At the same time, this strategy is capital‑intensive, and Uxin faces strong competition from other online platforms, traditional dealers, and automakers’ own used‑car channels. Its edge rests on execution quality, brand trust, and its ability to reach scale without overwhelming its finances.

Innovation and R&D

Innovation and R&D Innovation is a relative strength. Uxin is digitizing inspections and refurbishing, using data and early AI tools to guide pricing, operations, and marketing. The omni‑channel model—online selection plus physical superstores—seeks to remove pain points around trust and convenience. Looking ahead, the partnership with a leading battery company to develop services for used electric vehicles, including battery‑focused offerings, could open a differentiated niche if executed well. Overall, the company is leaning heavily on technology and process innovation rather than traditional advertising‑driven retailing.

Summary

Uxin is in the middle of a strategic overhaul: shifting from a light marketplace model to a heavier, inventory‑owning, tech‑driven retailer. On the positive side, revenue and gross profitability are moving in the right direction, and the company has a clear, differentiated vision based on quality control, superstores, and data‑driven operations, including a forward‑looking push into the used EV ecosystem. On the negative side, it remains loss‑making, burns cash, has limited cash reserves, high debt, and negative equity. The core tension is between a promising, but capital‑intensive, growth strategy and a fragile financial base. Future performance will hinge on whether Uxin can scale its model, improve margins, and secure funding on acceptable terms while moving toward sustainable profitability.

NEWS

November 12, 2025 · 4:30 AM UTC

Uxin Announces Strategic Partnership with Tianjin Authorities to Develop Tianjin Used Car Superstore

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November 11, 2025 · 6:00 AM UTC

Uxin Announces Strategic Partnership with Yinchuan Authorities to Develop Yinchuan Used Car Superstore

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October 31, 2025 · 4:40 AM UTC

Uxin Announces Strategic Partnership with Guangzhou Authorities to Build Guangzhou Used Car Superstore

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September 29, 2025 · 3:00 AM UTC

Uxin Reports Unaudited Financial Results for the Quarter Ended June 30, 2025

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September 26, 2025 · 2:00 AM UTC

Uxin Announces Grand Opening of Zhengzhou Used Car Superstore

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