Kaixin Auto Financials

KXIN Stock  USD 1.96  0.02  1.01%   
Based on the analysis of Kaixin Auto's profitability, liquidity, and operating efficiency, Kaixin Auto Holdings is not in a good financial situation at the moment. It has a very high risk of going through financial straits in January. At this time, Kaixin Auto's Cash And Short Term Investments are very stable compared to the past year. As of the 1st of December 2024, Short Term Investments is likely to grow to about 254.1 M, while Total Assets are likely to drop about 71.7 M. Key indicators impacting Kaixin Auto's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.260.278
Notably Down
Very volatile
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

(56.24 Million)

  
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
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINKYG5223X1007
CUSIPG5223X100 G2345N102 G2345N128 G5223X142
LocationChina
Business Address198 Qidi Road,
SectorSpecialty Retail
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websiteir.kaixin.com
Phone86 10 6720 4948
CurrencyUSD - US Dollar

Kaixin Auto Key Financial Ratios

Kaixin Auto Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets54.4M48.5M74.2M55.7M85.5M71.7M
Other Current Liab26.8M(23.3M)11.4M5.6M11.5M19.9M
Net Tangible Assets(4.6M)(55K)15.0M18.4M21.2M22.2M
Retained Earnings(192.2M)(197.5M)(198.3M)(283.0M)(336.6M)(319.7M)
Accounts Payable4.1M402K295K1.6M94K89.3K
Cash3.2M3.2M5.3M7.1M2.1M4.0M
Net Receivables219K734K19.8M18.4M1.5M1.4M
Inventory21.0M(734K)404K31K65K61.8K
Other Current Assets473K412K33.5M16.8M597K567.2K
Total Liab51.9M41.0M36.1M20.2M18.6M17.7M
Total Current Assets52.0M46.8M58.9M42.3M4.2M4.0M
Short Term Debt18.4M15.3M6.4M9.4M2.7M2.6M
Common Stock5K6K8K11K37K35.2K
Net Debt16.0M12.2M5.6M2.6M882K837.9K
Net Invested Capital12.1M(55K)40.0M40.6M48.2M63.7M
Net Working Capital936K604K29.6M22.4M(10.9M)(10.4M)

Kaixin Auto Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense4.1M1.2M245K1.0M525K498.8K
Total Revenue334.7M33.2M253.8M82.8M31.5M30.0M
Gross Profit(5.5M)1M5.3M646K342K324.9K
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 Development4.0M4.4M3.4M757K870.6K827.0K
Cost Of Revenue340.2M32.2M248.6M82.2M31.2M29.6M
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 Interest7.1M7.6M(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

201920202021202220232024 (projected)
Change To Inventory18.4M2.0M(404K)373K(35K)(36.8K)
Investments1.2M(290K)4.3M(156K)(3.1M)(3.3M)
Change In Cash(10.6M)(28K)4.7M1.8M(5.0M)(4.8M)
Net Borrowings(149.5M)(13.8M)917K2M1.8M1.7M
Depreciation168K41K787K1.7M2.5M2.6M
Net Income(69.1M)(5.3M)(195.9M)(84.6M)(53.6M)(56.2M)
Change To Netincome34.0M828K199.7M55.8M64.2M55.8M
Free Cash Flow(4.8M)(4.6M)(2.1M)(2.5M)(2.5M)(2.6M)
Other Non Cash Items(61.8M)(2.4M)22K39.4M35.5M37.3M
End Period Cash Flow3.2M3.2M5.3M7.1M2.1M4.0M

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

0.34

At this time, Kaixin Auto's Price Earnings To Growth Ratio is very stable compared to the past year.

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.
When determining whether Kaixin Auto Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kaixin Auto's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kaixin Auto Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kaixin Auto Holdings Stock:
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.