Uxin (NASDAQ:UXIN) Posts Quarterly Earnings Results

Uxin (NASDAQ:UXIN) issued its earnings results on Tuesday. The company reported ($0.05) EPS for the quarter, Zacks reports. The business had revenue of $155.72 million for the quarter.

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

• Q1 retail transaction volume surged 119% year over year to 16,530 units, extending Uxin’s streak of eight consecutive quarters with growth above 110%. Management said this came despite seasonal Chinese New Year pressure.
• Total revenue rose 113% year over year to CNY 1.074 billion, while retail vehicle sales revenue reached CNY 1.01 billion. Average selling price was broadly stable at CNY 61,000.
• Gross margin held relatively steady at 7.0% and inventory turnover remained around 30 days. Management emphasized that mature superstores are offsetting lower margins at newly opened locations.
• Adjusted EBITDA loss widened to CNY 34.3 million, with management attributing the increase to seasonal softness, new-store ramp costs, and upfront staffing investments. They also warned that Q2 gross margin will face significant pressure from used-car price declines.
• Uxin is expanding its superstore network and sees faster ramp-up at new stores; Tianjin opened in March, bringing the total to six operating superstores, and the company still plans to add four to six more in 2026. Management reiterated full-year retail volume growth of more than 100% and expects Q2 retail sales of 18,000-19,000 units.

Uxin Stock Down 4.2%

Uxin stock opened at $1.82 on Thursday. Uxin has a 52 week low of $1.71 and a 52 week high of $5.36. The firm’s 50-day simple moving average is $2.56 and its 200 day simple moving average is $3.08. The firm has a market capitalization of $393.92 million, a PE ratio of -8.67 and a beta of 0.81.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Uxin in a research report on Friday, April 10th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Uxin presently has a consensus rating of “Hold” and an average target price of $4.50.

About Uxin

Uxin Limited is a China-based online and offline used car e-commerce platform that connects vehicle buyers and sellers through an integrated digital marketplace. Headquartered in Beijing, the company operates a network of physical used-car malls alongside its proprietary online platform, enabling customers to browse, inspect and purchase pre-owned vehicles with transparency and convenience.

The company’s core business activities encompass sourcing, quality assurance and distribution of used vehicles.