Financials Uxin Limited

Equities

UXIN

US91818X3061

Auto Vehicles, Parts & Service Retailers

Market Closed - Nasdaq 04:30:00 2024-05-09 pm EDT 5-day change 1st Jan Change
2.25 USD -3.85% Intraday chart for Uxin Limited +15.98% -67.90%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023
Capitalization 1 7,437 3,201 2,618 2,571 722.2
Enterprise Value (EV) 1 9,504 5,301 4,398 3,617 1,450
P/E ratio -3.77 x -0.32 x -6.68 x -1.04 x -0.77 x
Yield - - - - -
Capitalization / Revenue 4.68 x 7.71 x 3.98 x 1.57 x 0.35 x
EV / Revenue 5.98 x 12.8 x 6.69 x 2.21 x 0.7 x
EV / EBITDA -9.49 x -5.89 x -8.69 x -13.7 x -4.22 x
EV / FCF -758 x - -7.28 x -9.72 x -8.58 x
FCF Yield -0.13% - -13.7% -10.3% -11.7%
Price to Book 16 x -1.38 x -1.42 x -1.69 x -0.4 x
Nbr of stocks (in thousands) 2,924 2,936 3,414 3,974 4,695
Reference price 2 2,544 1,090 766.7 646.9 153.8
Announcement Date 5/12/20 7/24/20 7/30/21 8/1/22 8/14/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 3,315 1,588 415.4 657.4 1,636 2,059
EBITDA 1 -2,470 -1,002 -900 -506.1 -264.6 -343.6
EBIT 1 -2,564 -1,098 -985.7 -552.6 -278.9 -356.9
Operating Margin -77.33% -69.13% -237.25% -84.06% -17.05% -17.33%
Earnings before Tax (EBT) 1 -1,524 -1,330 -8,136 -716.9 -143 -136.8
Net income 1 -1,523 -1,989 -9,937 -421.2 -143.2 -137.2
Net margin -45.92% -125.23% -2,391.83% -64.07% -8.75% -6.66%
EPS 2 -1,498 -674.2 -3,355 -114.8 -622.1 -199.2
Free Cash Flow 1 -2,592 -12.54 - -604.5 -372.1 -169.1
FCF margin -78.17% -0.79% - -91.95% -22.74% -8.21%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/29/19 5/12/20 7/24/20 7/30/21 8/1/22 8/14/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: März 2022 Q2 2022 Q3 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3
Net sales 1 - 505.9 665.1 - 469.4 362.2 284.8 348.8 426.5
EBITDA - - - - - - - - -
EBIT - - - - - - - - -
Operating Margin - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - -
Net income -1,694 1,278 169.9 -803.6 - - - - -
Net margin - 252.59% 25.55% - - - - - -
EPS -159.2 - - -2.759 - - - - -
Dividend per Share - - - - - - - - -
Announcement Date 12/15/21 3/29/22 9/30/22 12/30/22 4/11/23 8/14/23 11/28/23 11/28/23 -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net Debt 1 898 2,067 2,100 1,780 1,047 728
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -0.3634 x -2.063 x -2.334 x -3.517 x -3.955 x -2.118 x
Free Cash Flow 1 -2,592 -12.5 - -604 -372 -169
ROE (net income / shareholders' equity) -118% -93.6% - 33% 9.61% 17.6%
ROA (Net income/ Total Assets) -25.3% -10.8% - -17.8% -14% -22.6%
Assets 1 6,009 18,453 - 2,366 1,021 605.6
Book Value Per Share 2 809.0 159.0 -792.0 -538.0 -382.0 -388.0
Cash Flow per Share 2 273.0 162.0 116.0 51.90 32.40 19.70
Capex 1 134 46.8 1.23 0.41 18.7 33.2
Capex / Sales 4.04% 2.95% 0.3% 0.06% 1.14% 1.61%
Announcement Date 4/29/19 5/12/20 7/24/20 7/30/21 8/1/22 8/14/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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