Financial Snapshot

Revenue
$114.4M
TTM
Gross Margin
0.95%
TTM
Net Earnings
-$138.3M
TTM
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
27.83%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
$49.02M
Q4 2023
Cash
Q4 2023
P/E
-0.02615
Sep 13, 2024 EST
Free Cash Flow
-$4.694M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $31.54M $82.84M $253.8M $33.20M $334.7M $0.00 $0.00 $0.00
YoY Change -61.93% -67.37% 664.58% -90.08%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $31.54M $82.84M $253.8M $33.20M $334.7M $0.00 $0.00 $0.00
Cost Of Revenue $31.19M $82.19M $248.6M $32.20M $340.2M
Gross Profit $342.0K $646.0K $5.257M $1.000M -$5.500M
Gross Profit Margin 1.08% 0.78% 2.07% 3.01% -1.64%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $21.33M $48.59M $44.22M $9.400M $50.50M
YoY Change -56.11% 9.88% 370.37% -81.39%
% of Gross Profit 6235.67% 7520.9% 841.07% 940.0%
Research & Development $800.0K $3.400M
YoY Change -76.47%
% of Gross Profit 80.0%
Depreciation & Amortization $2.482M $1.681M $787.0K $40.00K $170.0K
YoY Change 47.65% 113.6% 1867.5% -76.47%
% of Gross Profit 725.73% 260.22% 14.97% 4.0%
Operating Expenses $21.33M $48.59M $44.21M $7.200M $53.80M $0.00 $0.00 $0.00
YoY Change -56.11% 9.88% 514.1% -86.62%
Operating Profit -$20.98M -$47.94M -$38.96M -$6.200M -$59.30M
YoY Change -56.23% 23.05% 528.35% -89.54%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $525.0K $1.034M -$677.0K -$1.200M -$4.000M $3.700M $400.0K $0.00
YoY Change -49.23% -252.73% -43.58% -70.0% -208.11% 825.0%
% of Operating Profit
Other Income/Expense, Net -$32.80M $728.0K -$9.151M $600.0K $66.40M
YoY Change -4605.22% -107.96% -1625.17% -99.1%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$53.78M -$84.55M -$196.7M -$6.800M -$71.00M $2.300M $300.0K $0.00
YoY Change -36.39% -57.01% 2792.01% -90.42% -3186.96% 666.67%
Income Tax -$228.0K $74.00K -$729.0K -$1.500M -$1.900M
% Of Pretax Income
Net Earnings -$53.56M -$84.71M -$196.6M -$5.300M -$46.10M $2.300M $300.0K $0.00
YoY Change -36.77% -56.91% 3609.04% -88.5% -2104.35% 666.67%
Net Earnings / Revenue -169.85% -102.25% -77.44% -15.96% -13.77%
Basic Earnings Per Share -$2.34 $0.00 -$1.72 $0.00
Diluted Earnings Per Share -$2.34 $0.00 -$1.718M -$127.1K -$1.393M $87.45K $11.41K $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $7.100M $5.263M $3.200M $3.200M $0.00 $200.0K $0.00
YoY Change 34.9% 64.47% 0.0% -100.0%
Cash & Equivalents $7.100M $5.263M $3.200M
Short-Term Investments
Other Short-Term Assets $16.80M $53.27M $43.60M $27.60M $100.0K $100.0K $100.0K
YoY Change -68.46% 22.18% 57.97% 27500.0% 0.0% 0.0%
Inventory $0.00 $404.0K $0.00 $21.00M
Prepaid Expenses
Receivables $0.00 $0.00 $200.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $42.30M $58.94M $46.80M $52.00M $100.0K $200.0K $100.0K
YoY Change -28.23% 25.93% -10.0% 51900.0% -50.0% 100.0%
Property, Plant & Equipment $500.0K $583.0K $100.0K $2.400M
YoY Change -14.24% 483.0% -95.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $1.600M $210.5M $206.8M $0.00
YoY Change -100.0% 1.79%
Total Long-Term Assets $13.40M $15.22M $1.700M $2.400M $210.5M $206.8M $0.00
YoY Change -11.98% 795.47% -29.17% -98.86% 1.79%
Total Assets $55.70M $74.16M $48.50M $54.40M $210.6M $207.0M $100.0K
YoY Change
Accounts Payable $0.00 $295.0K $400.0K $4.100M $800.0K $0.00 $0.00
YoY Change -100.0% -26.25% -90.24% 412.5%
Accrued Expenses $2.500M $7.903M $14.70M $11.00M
YoY Change -68.37% -46.24% 33.64%
Deferred Revenue
YoY Change
Short-Term Debt $5.000M $6.277M $15.30M $16.60M $500.0K $0.00 $0.00
YoY Change -20.34% -58.97% -7.83% 3220.0%
Long-Term Debt Due $4.300M
YoY Change
Total Short-Term Liabilities $19.90M $29.38M $40.90M $51.00M $1.300M $0.00 $100.0K
YoY Change -32.27% -28.16% -19.8% 3823.08% -100.0%
Long-Term Debt $0.00 $4.022M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $300.0K $2.676M $0.00 $800.0K
YoY Change -88.79% -100.0%
Total Long-Term Liabilities $300.0K $6.698M $0.00 $800.0K $0.00 $0.00 $0.00
YoY Change -95.52% -100.0%
Total Liabilities $24.40M $44.50M $48.50M $59.00M $1.300M $0.00 $100.0K
YoY Change -45.17% -8.25% -17.8% 4438.46% -100.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 22.88M 200.2M 114.4M 74.04M
Diluted Shares Outstanding 22.88M 200.2M 114.4M 74.04M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $3.616 Million

About Kaixin Holdings

Kaixin Auto Holdings operates as a holding company, which engages in the sale of automobiles through its subsidiaries. The company is headquartered in Beijing, Beijing and currently employs 23 full-time employees. The company went IPO on 2017-10-30. The firm also offers third-party financing and value-added services including extended warranties and insurance. The firm sells premium used cars via online and offline sales channels, which include brands such as Audi, BMW, Mercedes-Benz, Land Rover and Porsche. The company displays vehicles at its brick-and-mortar showrooms as well as on its Kaixin Auto mobile apps and website. The firm mainly conducts its businesses in the China market.

Industry: Retail-Auto Dealers & Gasoline Stations Peers: Jiuzi Holdings Inc