Uxin (NASDAQ:UXIN) Posts Quarterly Earnings Results

Uxin (NASDAQ:UXIN) issued its quarterly earnings data on Thursday. The company reported $0.00 EPS for the quarter, FiscalAI reports. The firm had revenue of $169.44 million for the quarter.

Here are the key takeaways from Uxin’s conference call:

• Uxin’s Q2 retail volume rose 89% year over year to 19,610 vehicles, while revenue increased 75% to RMB1.151 billion. Management expects Q3 volume of 20,500–21,000 vehicles, revenue of RMB1.16–1.19 billion, and nearly 50% year-over-year growth.
• Management said inventory turnover has improved to approximately 20 days, supported by AI-driven pricing and integrated operating systems. Uxin views this as a long-term operating target that can reduce price-risk exposure and improve capital efficiency.
• Rapid used-car price declines, particularly for internal-combustion vehicles, drove Q2 gross margin to negative 0.7% from 7% in the prior quarter and contributed to a RMB120 million adjusted EBITDA loss. Management expects gross margin to recover above 6% in Q3 as inventory is reset, but acknowledged that market risks remain elevated.
• Industry conditions remain weak, with July and August used-car transactions down 6% and 11% year over year, respectively. Management expects continued consolidation, estimating that 50,000–60,000 used-car dealerships could exit the market in 2026, although it believes this may benefit scaled and digital operators such as Uxin.
• NIO Capital has funded an additional $4 million and confirmed plans to complete its remaining $4 million investment at $2.86 per ADS. Separately, the CEO established a Rule 10b5-1 plan to purchase up to $5 million of ADS at no more than $2.85 per ADS, with purchases eligible to begin September 28.

Uxin Stock Performance

NASDAQ UXIN opened at $1.09 on Thursday. The business’s fifty day moving average is $1.24 and its 200 day moving average is $2.10. The company has a market capitalization of $235.92 million, a PE ratio of -5.19 and a beta of 0.84. Uxin has a fifty-two week low of $0.90 and a fifty-two week high of $4.18.

Analyst Ratings Changes

UXIN has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of Uxin from a “hold” rating to a “sell” rating in a research note on Saturday, June 20th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Uxin in a research report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $4.50.

Insider Buying and Selling at Uxin

In related news, Director Bin (William) Li acquired 104,931,794 shares of the business’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was bought at an average cost of $0.01 per share, for a total transaction of $1,049,317.94. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 62.90% of the stock is currently owned by insiders.

Uxin Company Profile

Uxin Limited (NASDAQ: UXIN) is a China-based used automobile retailer and e-commerce company. The company operates an online platform that connects consumers with used vehicles and supports the purchase and sale of cars through digital tools and related transaction services.

Uxin’s business activities have included vehicle sourcing, inspection and reconditioning, pricing information, online listings, sales assistance, and vehicle delivery. The company has also offered services designed to support used-car transactions, such as financing and other automotive-related solutions, subject to applicable regulations and market conditions.

Founded in 2015, Uxin initially developed as an online used-car marketplace before expanding toward an integrated retail model.