See more : Home Reit Plc (HOME.L) Income Statement Analysis – Financial Results
Complete financial analysis of Kaixin Auto Holdings (KXIN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Kaixin Auto Holdings, a leading company in the Auto – Dealerships industry within the Consumer Cyclical sector.
You may be interested
- SK Materials Co., Ltd. (036490.KQ) Income Statement Analysis – Financial Results
- Super Energy Corporation Public Company Limited (SUPER-R.BK) Income Statement Analysis – Financial Results
- KnowBe4, Inc. (KNBE) Income Statement Analysis – Financial Results
- Tryp Therapeutics Inc. (TRYP.CN) Income Statement Analysis – Financial Results
- Uflex Limited (UFLEX.BO) Income Statement Analysis – Financial Results
Kaixin Auto Holdings (KXIN)
About Kaixin Auto Holdings
Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the People's Republic of China. It focuses on automobiles brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. As of December 31, 2021, the company had 14 used car dealerships covering 14 cities in 12 provinces in China. It also provides financing channels to customers and other in-network dealers through partnerships with financial institutions. Kaixin Auto Holdings is headquartered in Beijing, the People's Republic of China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 31.54M | 82.84M | 253.84M | 33.16M | 334.70M | 431.40M | 0.00 |
| Cost of Revenue | 31.19M | 82.19M | 248.58M | 32.16M | 340.17M | 413.97M | 85.81K |
| Gross Profit | 342.00K | 646.00K | 5.26M | 1.00M | -5.48M | 17.43M | -85.81K |
| Gross Profit Ratio | 1.08% | 0.78% | 2.07% | 3.02% | -1.64% | 4.04% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 757.00K | 3.36M | 4.42M | 0.00 |
| General & Administrative | 18.01M | 46.49M | 43.73M | 6.83M | 36.15M | 23.01M | 0.00 |
| Selling & Marketing | 3.31M | 2.10M | 481.00K | 2.59M | 14.36M | 24.08M | 0.00 |
| SG&A | 21.33M | 48.59M | 44.22M | 9.42M | 50.51M | 47.09M | 85.81K |
| Other Expenses | 0.00 | 15.13M | 11.14M | 3.51M | 840.00K | -50.32M | 0.00 |
| Operating Expenses | 21.33M | 63.72M | 55.36M | 10.18M | 53.87M | 51.51M | 85.81K |
| Cost & Expenses | 52.52M | 145.91M | 303.94M | 42.34M | 394.04M | 465.48M | 85.81K |
| Interest Income | 0.00 | 1.03M | 245.00K | 5.00K | 69.00K | 575.00K | 423.06K |
| Interest Expense | 525.00K | 1.03M | 245.00K | 1.18M | 4.06M | 4.26M | 423.06K |
| Depreciation & Amortization | 2.48M | 1.68M | 787.00K | 168.00K | 168.00K | 161.00K | 52.52K |
| EBITDA | -50.78M | -81.83M | -195.63M | 3.00K | -133.00K | -83.65M | 337.25K |
| EBITDA Ratio | -161.01% | -73.23% | -19.43% | -16.96% | -17.46% | -19.43% | 0.00% |
| Operating Income | -20.98M | -63.07M | -50.10M | -9.18M | -133.43M | -34.08M | -85.81K |
| Operating Income Ratio | -66.54% | -76.14% | -19.74% | -27.67% | -39.87% | -7.90% | 0.00% |
| Total Other Income/Expenses | -32.80M | -21.47M | -14.04M | 110.00K | -70.85M | -54.00M | 423.06K |
| Income Before Tax | -53.78M | -84.55M | -196.66M | -6.85M | -70.99M | -88.08M | 337.25K |
| Income Before Tax Ratio | -170.55% | -102.06% | -77.47% | -20.65% | -21.21% | -20.42% | 0.00% |
| Income Tax Expense | -228.00K | 74.00K | -729.00K | -1.53M | -1.92M | 862.00K | -846.11K |
| Net Income | -53.56M | -84.62M | -195.93M | -5.32M | -69.07M | -88.62M | 337.25K |
| Net Income Ratio | -169.85% | -102.15% | -77.19% | -16.04% | -20.64% | -20.54% | 0.00% |
| EPS | -2.34 | -6.34 | -25.69 | -1.08 | -13.99 | -33.67 | 0.13 |
| EPS Diluted | -2.34 | -6.34 | -25.69 | -1.08 | -13.99 | -33.67 | 0.13 |
| Weighted Avg Shares Out | 22.88M | 13.34M | 7.63M | 4.94M | 4.94M | 2.63M | 2.63M |
| Weighted Avg Shares Out (Dil) | 22.88M | 13.34M | 7.63M | 4.94M | 4.94M | 2.63M | 2.63M |
Read Why Kaixin Auto Shares Are Soaring Today
Kaixin Auto Holdings (NASDAQ: KXIN) revealed that Beijing Camping Club Sports and Culture Communication Co Ltd (Camping Club) has agreed to order about 20,000 new energy vehicles over the next five years. The value of the order totals RMB6 billion ($938 million).
KXIN Stock Alert: There Are 10,000 Reasons Kaixin Auto Is Revving Up Today
Kaixin Auto has announced its second major partnership of the month. KXIN stock is likely to soar in 2022 if this trend continues.
Kaixin Auto Stock Pops On Order For 10,000 Customized Electric Trucks
Kaixin Auto Holdings (NASDAQ: KXIN) has reached a strategic partnership agreement with Beijing Shencheng Biotechnology Group Limited for supplying its new energy trucks. Under the agreement, Shencheng will purchase 10,000 customized new energy trucks from Kaixin over the next 5 years.
KXIN Stock Alert: What Is the EV News Sending Kaixin Auto Soaring Today?
A new partnership between two Chinese companies is breathing life into one little-known EV producer. Here's why KXIN stock is soaring.
Kaixin Auto Stock Soars After Securing Intention Order From Bujia
Kaixin Auto Holdings (NASDAQ: KXIN) has signed a strategic partnership agreement with Beijing Bujia International Logistics Limited on order for at least 10,000 new energy trucks in the next five years. The total dollar amount of the intended order is above $500 million.
Kaixin Notes Solid Growth In Yujie's POCCO EV Delivery In September
Kaixin Auto Holdings (NASDAQ: KXIN) announced that POCCO brand electric vehicles (EV) delivery in September rose 200% to 1200 units over 400 units in August. Kaixin has signed a binding term sheet to acquire Henan Yujie Times Automobile Co Ltd, which...
Kaixin Auto Holdings Announces POCCO EV Orders over 3000 Units in September
BEIJING, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that sales doubled in September over the prior month for the POCCO brand electric vehicles (“EV”) manufactured by Henan Yujie Times Automobile...
Kaixin Auto Holdings Announces Promising POCCO EV Sales Forecasts
BEIJING, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced promising sales forecasts for the POCCO brand electric vehicles (“EV”) manufactured by Henan Yujie Times Automobile Co., Ltd. (“Yujie”), which Kaixin has...
Trending Penny Stocks to Buy in September? Check These 3 Out
Are these penny stocks on your September small-caps watchlist? The post Trending Penny Stocks to Buy in September?
Kaixin Auto Holdings Signed Binding Term Sheet to Acquire EV Manufacturer
BEIJING, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has reached a binding term sheet to acquire 100% equity of Henan Yujie Times Automobile Co., Ltd. (“Yujie”) through...
Source: https://incomestatements.info
Category: Stock Reports