Uxin Limited ( (UXIN) ) has released its Q1 earnings. Here is a breakdown of the information Uxin Limited presented to its investors.
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Uxin Limited is a leading used car retailer in China, known for its innovative approach in transforming the industry through advanced production, new retail experiences, and digital empowerment.
In its latest earnings report for the quarter ended March 31, 2025, Uxin Limited announced a significant year-over-year increase in retail vehicle transaction volume and revenue, despite a seasonal slowdown due to the Chinese New Year holiday.
The company reported a transaction volume of 8,264 units, marking a 103.6% increase from the same period last year, although it saw a 12.4% decline from the previous quarter. Total revenues reached RMB504.2 million, reflecting a 58% increase year-over-year. Uxin’s gross margin remained stable at 7.0%, while the loss from operations narrowed significantly to RMB35.3 million from RMB109.8 million a year ago. The company also highlighted the successful trial operations of its new superstore in Wuhan.
Looking ahead, Uxin’s management remains optimistic about the company’s growth trajectory, expecting retail transaction volumes to exceed 10,000 units in the next quarter. The company plans to continue expanding its footprint and enhancing operational efficiency to drive sustainable growth and profitability.