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KXIN · NASDAQ · Auto - Dealerships

Kaixin Auto (KXIN)

Automobile wholesaler and retailer with an inventory-owning dealership model in China.

$1.62
vs last close+0.08 (+5.19%)
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Kaixin Auto HoldingsKXIN
Consumer Discretionary

Combines automobile wholesale and retail with an inventory-owning dealership model for domestic and imported new and used vehicles in China; its latest reported revenue came solely from automobile-manufacturing consulting. Dual-class shares concentrate voting control with the CEO and CFO.

Operates an automobile-trading business in China through a wholly owned car wholesaler and retailer, supported by a dealership, app, and web interfaces. The intended assortment spans domestic and imported new and used vehicles, with online listings designed to bring customers to physical inspections and test drives.

Uses an inventory-owning model: selecting, inspecting, reconditioning, pricing, and selling vehicles, while centralizing inventory, dealer management, cash flows, and accounting. Its latest reported revenue came solely from automobile-manufacturing consulting, with no vehicle sales recorded.

Substantially all revenue, assets, and operating activity are in the PRC. Its foreign-private-issuer status and dual-class shares concentrate voting control with the CEO and CFO.

Company facts

CEOMingjun Lin
ListedMay 2, 2019
ExchangeNASDAQ
HeadquartersWenzhou, China
CountryChina
Employees13
CIK0001713539
ISINKYG5223X1759

Market cap$42.9K
EPS (ttm)−$29.29
P/E (ttm)−0.0526
ROE-119.3%
P/B0.0011
P/S0.0612
Dividend yieldDiv yield
Beta2.17vs XLY 1.52

No analyst consensus on record.

EPSReportedEstimate

Oct '24Dec '24Mar '25May '25Jun '25Aug '25Mar '26Jul '26
Reported−$20.43−$3,555.00−$3,555.00−$7,111.87−$1.53−$304.55−$29.10−$0.19
Estimate
Surprise

RevenueReportedEstimate

Oct '24Dec '24Mar '25May '25Jun '25Aug '25Mar '26Jul '26
Reported$47.5K$47.5K$47.5K$34.0K$667.0K
Estimate
Surprise
Estimate
Reported−$0.19
Estimate
Reported$667.0K
View details

Debt to equity0.30%
Current ratio17.50%

ProfitabilityRevenueNet incomeNet margin

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q4 FY25Q2 FY26
Revenue$0$0$0$0$47.5K$47.5K$34.0K$667.0K
Net income−$3.0M−$5.4M−$18.5M−$35.6M−$4.5M−$8.4M−$45.5M−$1.9M
Net margin0.0%0.0%0.0%0.0%

GrowthOperating income

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q4 FY25Q2 FY26
Operating income−$2.9M−$5.7M−$6.7M−$13.4M−$4.3M−$4.3M−$22.9M−$2.0M
YoY growthLoss widenedLoss narrowedLoss widenedLoss narrowedLoss widenedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $679.0K · Total debt $105.0K · Total assets $51.0M · Shareholders' equity $39.6M

Revenue
$667.0K
Operating income
−$2.0M
Net income
−$1.9M
View details

No dividends on record.

27.9K ADS as of Sep 9, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Boothbay Absolute Return Strategies LPInstitution
0.38% of class, as filedfiled Feb 12, 2018
K2 & Associates Investment Management Inc.Strategic
1.79% of class, as filedfiled Feb 9, 2018
Notes).Insider
9.84% of class, as filedfiled Apr 11, 2019
Polar Asset Management Partners Inc.1Strategic10 percent owner
10.75% of class, as filedfiled Apr 5, 2018
Qiangqiang LimitedStrategic
6.20% of class, as filedfiled Dec 28, 2022
  1. This position is filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Uxin (ADR)

    Direct used-car retail and wholesale rival with scaled superstores.

  • Autohome (ADR)

    Online marketplace and dealer-lead channel overlap.

Compare

CompanyPriceChange
Kaixin Auto$1.62+5.19%$42.9K0.1+1,304.2%
Uxin (ADR)$1.09+0.46%$237.4M0.4+124.7%
Autohome (ADR)$21.46+0.52%$617.9M5.8128.70.8−28.1%
Median5.8128.70.6+48.3%