Kaixin Auto Financials
KXIN Stock | USD 1.96 0.02 1.01% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Current Ratio | 0.26 | 0.278 |
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The financial analysis of Kaixin Auto is a critical element in measuring its lifeblood. Investors should not minimize Kaixin Auto's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Net Income |
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Kaixin | Select Account or Indicator |
Understanding current and past Kaixin Auto Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kaixin Auto's financial statements are interrelated, with each one affecting the others. For example, an increase in Kaixin Auto's assets may result in an increase in income on the income statement.
Kaixin Auto Stock Summary
Kaixin Auto competes with Vroom, Cango, Cars, KAR Auction, and Rush Enterprises. Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the Peoples Republic of China. Kaixin Auto Holdings is headquartered in Beijing, the Peoples Republic of China. Kaixin Auto operates under Auto Truck Dealerships classification in the United States and is traded on NASDAQ Exchange. It employs 35 people.Specialization | Consumer Discretionary, Consumer Discretionary Distribution & Retail |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | KYG5223X1007 |
CUSIP | G5223X100 G2345N102 G2345N128 G5223X142 |
Location | China |
Business Address | 198 Qidi Road, |
Sector | Specialty Retail |
Industry | Consumer Discretionary |
Benchmark | Dow Jones Industrial |
Website | ir.kaixin.com |
Phone | 86 10 6720 4948 |
Currency | USD - US Dollar |
Kaixin Auto Key Financial Ratios
Return On Equity | -1.34 | ||||
Operating Margin | (3.62) % | ||||
Price To Sales | 0.28 X | ||||
Revenue | 31.54 M | ||||
Gross Profit | (22.27 M) |
Kaixin Auto Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 54.4M | 48.5M | 74.2M | 55.7M | 85.5M | 71.7M | |
Other Current Liab | 26.8M | (23.3M) | 11.4M | 5.6M | 11.5M | 19.9M | |
Net Tangible Assets | (4.6M) | (55K) | 15.0M | 18.4M | 21.2M | 22.2M | |
Retained Earnings | (192.2M) | (197.5M) | (198.3M) | (283.0M) | (336.6M) | (319.7M) | |
Accounts Payable | 4.1M | 402K | 295K | 1.6M | 94K | 89.3K | |
Cash | 3.2M | 3.2M | 5.3M | 7.1M | 2.1M | 4.0M | |
Net Receivables | 219K | 734K | 19.8M | 18.4M | 1.5M | 1.4M | |
Inventory | 21.0M | (734K) | 404K | 31K | 65K | 61.8K | |
Other Current Assets | 473K | 412K | 33.5M | 16.8M | 597K | 567.2K | |
Total Liab | 51.9M | 41.0M | 36.1M | 20.2M | 18.6M | 17.7M | |
Total Current Assets | 52.0M | 46.8M | 58.9M | 42.3M | 4.2M | 4.0M | |
Short Term Debt | 18.4M | 15.3M | 6.4M | 9.4M | 2.7M | 2.6M | |
Common Stock | 5K | 6K | 8K | 11K | 37K | 35.2K | |
Net Debt | 16.0M | 12.2M | 5.6M | 2.6M | 882K | 837.9K | |
Net Invested Capital | 12.1M | (55K) | 40.0M | 40.6M | 48.2M | 63.7M | |
Net Working Capital | 936K | 604K | 29.6M | 22.4M | (10.9M) | (10.4M) |
Kaixin Auto Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 4.1M | 1.2M | 245K | 1.0M | 525K | 498.8K | |
Total Revenue | 334.7M | 33.2M | 253.8M | 82.8M | 31.5M | 30.0M | |
Gross Profit | (5.5M) | 1M | 5.3M | 646K | 342K | 324.9K | |
Operating Income | (133.4M) | (9.2M) | (50.1M) | (63.1M) | (21.0M) | (22.0M) | |
Ebit | (133.4M) | (165K) | (196.4M) | (83.5M) | (53.3M) | (55.9M) | |
Research Development | 4.0M | 4.4M | 3.4M | 757K | 870.6K | 827.0K | |
Cost Of Revenue | 340.2M | 32.2M | 248.6M | 82.2M | 31.2M | 29.6M | |
Income Before Tax | (71.0M) | (6.8M) | (196.7M) | (84.5M) | (53.8M) | (56.5M) | |
Net Income | (69.1M) | (5.3M) | (195.9M) | (84.6M) | (53.6M) | (56.2M) | |
Income Tax Expense | (1.9M) | (1.5M) | (729K) | 74K | (228K) | (216.6K) | |
Minority Interest | 7.1M | 7.6M | (651K) | (87K) | (9K) | (8.6K) | |
Net Interest Income | (4.0M) | (1.2M) | (245K) | (1.0M) | (525K) | (551.3K) | |
Ebitda | (58.4M) | 3K | (195.6M) | (81.8M) | (50.8M) | (53.3M) | |
Tax Provision | (1.9M) | (1.5M) | (729K) | 74K | (228K) | (239.4K) |
Kaixin Auto Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 18.4M | 2.0M | (404K) | 373K | (35K) | (36.8K) | |
Investments | 1.2M | (290K) | 4.3M | (156K) | (3.1M) | (3.3M) | |
Change In Cash | (10.6M) | (28K) | 4.7M | 1.8M | (5.0M) | (4.8M) | |
Net Borrowings | (149.5M) | (13.8M) | 917K | 2M | 1.8M | 1.7M | |
Depreciation | 168K | 41K | 787K | 1.7M | 2.5M | 2.6M | |
Net Income | (69.1M) | (5.3M) | (195.9M) | (84.6M) | (53.6M) | (56.2M) | |
Change To Netincome | 34.0M | 828K | 199.7M | 55.8M | 64.2M | 55.8M | |
Free Cash Flow | (4.8M) | (4.6M) | (2.1M) | (2.5M) | (2.5M) | (2.6M) | |
Other Non Cash Items | (61.8M) | (2.4M) | 22K | 39.4M | 35.5M | 37.3M | |
End Period Cash Flow | 3.2M | 3.2M | 5.3M | 7.1M | 2.1M | 4.0M |
Kaixin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kaixin Auto's current stock value. Our valuation model uses many indicators to compare Kaixin Auto value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kaixin Auto competition to find correlations between indicators driving Kaixin Auto's intrinsic value. More Info.Kaixin Auto Holdings is rated fourth overall in return on equity category among its peers. It also is rated fourth overall in return on asset category among its peers . At this time, Kaixin Auto's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kaixin Auto's earnings, one of the primary drivers of an investment's value.Kaixin Auto Holdings Systematic Risk
Kaixin Auto's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kaixin Auto volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Kaixin Auto Holdings correlated with the market. If Beta is less than 0 Kaixin Auto generally moves in the opposite direction as compared to the market. If Kaixin Auto Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kaixin Auto Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kaixin Auto is generally in the same direction as the market. If Beta > 1 Kaixin Auto moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Kaixin Auto Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kaixin Auto's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Kaixin Auto growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Kaixin Auto December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Kaixin Auto help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kaixin Auto Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kaixin Auto Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Kaixin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kaixin Auto's daily price indicators and compare them against related drivers.
Downside Deviation | 14.53 | |||
Information Ratio | 0.0482 | |||
Maximum Drawdown | 211.62 | |||
Value At Risk | (27.39) | |||
Potential Upside | 37.22 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaixin Auto Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kaixin Auto. If investors know Kaixin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kaixin Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (129.04) | Revenue Per Share 18.145 | Quarterly Revenue Growth (0.74) | Return On Assets (0.48) | Return On Equity (1.34) |
The market value of Kaixin Auto Holdings is measured differently than its book value, which is the value of Kaixin that is recorded on the company's balance sheet. Investors also form their own opinion of Kaixin Auto's value that differs from its market value or its book value, called intrinsic value, which is Kaixin Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kaixin Auto's market value can be influenced by many factors that don't directly affect Kaixin Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kaixin Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaixin Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaixin Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.