Kaixin Auto Holdings (KXIN) AI Stock Analysis

• Market Cap: $3.87M
• Dividend Yield: N/A
• Average Volume (3M): 15.01M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: -99.25%
• EPS Growth: 90.38%
• Country: US
• Employees: 19
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Dealerships
• EPS (TTM): -5.50
• Shares Outstanding: 22,158,228
• 10 Day Avg. Volume: 38,513,587
• 30 Day Avg. Volume: 15,013,883
• PEG Ratio: <0.01
• Price to Book (P/B): 0.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.45
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: ―

Kaixin Auto Holdings faces severe financial challenges, including declining revenues and negative cash flows, weighing heavily on the stock score. The weak technical indicators further suggest bearish sentiment. Valuation metrics are unfavorable due to the lack of profitability. The neutral impact from the earnings call due to lack of information doesn't offer any positive offset. Overall, the stock is rated low, reflecting significant risks and challenges.

Positive Factors

Debt Management

Improved debt management reduces financial risk and enhances the company's ability to leverage its capital structure for future growth.

Capital Structure

A strong equity ratio indicates a solid capital structure, providing stability and potential for future investment and expansion.

Strategic Partnerships

Partnerships with financial and insurance institutions enhance service offerings, potentially increasing customer satisfaction and revenue streams.

Negative Factors

Revenue Decline

Significant revenue decline indicates challenges in market demand or competitive positioning, impacting long-term growth prospects.

Profitability Issues

Ongoing profitability issues suggest operational inefficiencies and challenges in achieving sustainable financial performance.

Cash Flow Challenges

Negative cash flow limits the company's ability to invest in growth opportunities and may necessitate external financing, increasing financial risk.

Kaixin Auto Holdings Business Overview & Revenue Model

Company Description

Kaixin Auto Holdings (KXIN) is a leading dealership group in China's used car and new car sales market. The company operates through a network of retail locations offering a range of automotive products and services. Kaixin Auto is focused on providing high-quality used vehicles, new vehicles, and related services, catering to the growing demand for personal and commercial vehicles in China. The company is committed to leveraging its extensive network to deliver value and convenience to its customers.

How the Company Makes Money

Kaixin Auto Holdings primarily generates revenue through the sale of used and new cars. The company operates a network of dealerships that facilitate the buying and selling of a diverse range of automobile brands. Additionally, Kaixin Auto offers value-added services such as financing, insurance, and after-sales services, which contribute to its revenue streams. The company's strategic partnerships with financial institutions and insurance providers enhance its ability to offer comprehensive automotive solutions to its customers. The combination of vehicle sales and ancillary services forms the core of Kaixin Auto's revenue model.

Kaixin Auto Holdings Financial Statement Overview

Summary

Kaixin Auto Holdings struggles with declining revenues, continuous operational losses, and insufficient cash flow generation. Despite improvements in debt and equity positions, the company faces significant financial hurdles to achieve profitability and sustainable cash flow.

Income Statement

Kaixin Auto Holdings has been experiencing declining revenues, which fell significantly from $253.84M in 2021 to $31.54M in 2023. The gross profit margin is very low at approximately 1.08% for 2023, indicating challenges in managing production or operational costs. The net profit margin is also negative, with the company recording substantial net losses over the years, suggesting ongoing profitability issues. The negative EBIT and EBITDA margins further highlight operational inefficiencies.

Balance Sheet

The company's debt-to-equity ratio improved to 0.05 in 2023, reflecting a reduction in leverage. However, the negative equity recorded in 2020 and 2019 is concerning, though it has improved to positive levels in recent years. The equity ratio is strong at 74.24% for 2023, indicating a solid capital structure relative to assets, which is a positive highlight in the balance sheet.

Cash Flow

Free cash flow remains negative, with no significant improvement over the years. The operating cash flow to net income ratio is less relevant due to consistent negative net income and operating cash flows. There is a lack of strong positive cash flow generation, impacting the company's ability to self-fund operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	95.00K	0.00	31.54M	82.84M	253.84M	1.21M
Gross Profit	-1.94M	-3.94M	342.00K	646.00K	5.26M	1.00M
EBITDA	-23.71M	-37.63M	-50.77M	-81.83M	-195.63M	-160.00K
Net Income	-66.02M	-40.97M	-53.56M	-84.71M	-196.58M	-166.00K
Balance Sheet
Total Assets	20.77M	24.64M	85.53M	55.68M	74.16M	6.59M
Cash, Cash Equivalents and Short-Term Investments	552.00K	2.39M	2.08M	7.10M	5.26M	607.00K
Total Debt	150.00K	1.07M	2.97M	9.73M	10.81M	15.32M
Total Liabilities	9.67M	11.47M	18.62M	20.18M	36.08M	430.00K
Stockholders Equity	11.11M	13.17M	63.48M	31.32M	29.66M	6.16M
Cash Flow
Free Cash Flow	-3.08M	-3.04M	-2.50M	-2.45M	-2.10M	-1.14M
Operating Cash Flow	-3.06M	-3.02M	-2.11M	-2.39M	-2.10M	-1.14M
Investing Cash Flow	-40.50K	-26.00K	-3.13M	-156.00K	4.27M	-290.00K
Financing Cash Flow	3.98M	4.51M	1.01M	5.41M	2.00M	2.13M

Kaixin Auto Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KXIN, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.81, below the 50-day MA of 0.77, and below the 200-day MA of 0.89, indicating a bearish trend. The MACD of -0.22 indicates Positive momentum. The RSI at 29.62 is Positive, neither overbought nor oversold. The STOCH value of 3.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KXIN.

Kaixin Auto Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
CANG	52 Neutral	$266.11M	―	-31.90%	―	349.96%	-1838.02%
UXIN	41 Neutral	$564.90M	-13.84	―	―	―	―
AZI	39 Underperform	$8.80M	0.24	―	―	32.90%	―
KXIN	38 Underperform	$3.87M	―	-94.86%	―	-99.25%	90.38%
VRM	38 Underperform	$118.39M	-0.63	-52.02%	―	-81.31%	87.13%