2023 Q1 Form 20-F Financial Statement

#000095017023042446 Filed on August 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2023 2022 Q1
Revenue $343.8M $299.8M $505.7M
YoY Change -32.02% -81.67% 158.1%
Cost Of Revenue $336.0M $296.1M $504.6M
YoY Change -33.42% -81.36% 169.92%
Gross Profit $7.802M $3.705M $1.119M
YoY Change 597.23% -92.24% -87.56%
Gross Profit Margin 2.27% 1.24% 0.22%
Selling, General & Admin $90.70M $58.36M $108.6M
YoY Change -16.45% -84.36% 5.43%
% of Gross Profit 1162.52% 1575.25% 9701.43%
Research & Development $9.329M $5.490M $8.438M
YoY Change 10.56% -84.83% -41.19%
% of Gross Profit 119.57% 148.18% 754.07%
Depreciation & Amortization $13.40M $15.98M
YoY Change -54.83%
% of Gross Profit 361.67% 1428.06%
Operating Expenses $65.21M $65.87M $110.6M
YoY Change -41.05% -79.84% 4.0%
Operating Profit -$57.40M -$51.97M -$109.5M
YoY Change -47.58% -81.37% 12.47%
Interest Expense -$5.408M $3.093M -$5.891M
YoY Change -8.2% -106.6% -83.67%
% of Operating Profit
Other Income/Expense, Net -$16.90M $235.7M $476.4M
YoY Change -103.55% 29.11% 76621.42%
Pretax Income -$79.72M -$21.43M $361.1M
YoY Change -122.08% -85.05% -371.86%
Income Tax $81.00K $366.0K $223.0K
% Of Pretax Income 0.06%
Net Earnings -$835.4M -$19.97M $360.8M
YoY Change -331.53% -86.06% -371.68%
Net Earnings / Revenue -243.01% -6.66% 71.34%
Basic Earnings Per Share -$0.66
Diluted Earnings Per Share -$0.54 -$0.66 $303.7K
COMMON SHARES
Basic Shares Outstanding 1.345B
Diluted Shares Outstanding 1.345B

Balance Sheet

Concept 2023 Q1 2023 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $92.71M $92.71M $128.0M
YoY Change -27.58% -27.58% -33.53%
Cash & Equivalents $92.70M $92.71M $128.0M
Short-Term Investments
Other Short-Term Assets $857.0K $62.01M $98.29M
YoY Change -99.13% -36.91% -34.01%
Inventory $110.9M $110.9M $426.3M
Prepaid Expenses
Receivables $115.0K $790.0K $868.0K
Other Receivables $15.35M $15.35M $220.9M
Total Short-Term Assets $41.03M $281.7M $874.3M
YoY Change -95.31% -67.78% 4.97%
LONG-TERM ASSETS
Property, Plant & Equipment $63.73M $148.2M $64.11M
YoY Change -0.61% 131.13% -15.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.951M $288.7M $288.8M
YoY Change -97.94% -0.02% 0.11%
Other Assets $0.00 $0.00 $24.00M
YoY Change -100.0% -100.0% -33.33%
Total Long-Term Assets $63.62M $436.9M $376.9M
YoY Change -83.12% 15.93% -5.92%
TOTAL ASSETS
Total Short-Term Assets $41.03M $281.7M $874.3M
Total Long-Term Assets $63.62M $436.9M $376.9M
Total Assets $104.6M $718.6M $1.251B
YoY Change -91.64% -42.56% 1.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.75M $80.67M $92.53M
YoY Change -87.31% -12.82% -8.57%
Accrued Expenses $344.5M $150.8M $437.1M
YoY Change -21.18% -65.5% 3649.42%
Deferred Revenue $13.91M $18.05M
YoY Change -22.94%
Short-Term Debt $2.912M $20.00M $0.00
YoY Change
Long-Term Debt Due $214.6M $214.6M $388.4M
YoY Change -44.74% -44.74% 157.42%
Total Short-Term Liabilities $87.94M $603.9M $1.299B
YoY Change -93.23% -53.5% 13.2%
LONG-TERM LIABILITIES
Long-Term Debt $42.51M $615.1M $925.3M
YoY Change -95.41% -33.53% -54.82%
Other Long-Term Liabilities $77.46M $77.46M $10.87M
YoY Change 612.88% 612.88% -68.38%
Total Long-Term Liabilities $100.8M $692.5M $936.2M
YoY Change -89.23% -26.02% -55.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $87.94M $603.9M $1.299B
Total Long-Term Liabilities $100.8M $692.5M $936.2M
Total Liabilities $188.8M $1.296B $2.235B
YoY Change -91.55% -41.99% -30.8%
SHAREHOLDERS EQUITY
Retained Earnings -$16.90B -$16.05B
YoY Change 5.27%
Common Stock $2.250B $14.25B
YoY Change -84.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$185.4M -$577.6M -$983.4M
YoY Change
Total Liabilities & Shareholders Equity $104.6M $718.6M $1.251B
YoY Change -91.64% -42.56% 1.43%

Cashflow Statement

Concept 2023 Q1 2023 2022 Q1
OPERATING ACTIVITIES
Net Income -$835.4M -$19.97M $360.8M
YoY Change -331.53% -86.06% -371.68%
Depreciation, Depletion And Amortization $13.40M $15.98M
YoY Change -54.83%
Cash From Operating Activities -$251.1M -$294.6M
YoY Change -70.28%
INVESTING ACTIVITIES
Capital Expenditures $4.834M -$13.66M
YoY Change -125.91%
Acquisitions
YoY Change
Other Investing Activities $1.164M $249.0K
YoY Change -38.25%
Cash From Investing Activities -$4.664M -$13.41M
YoY Change -72.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $887.3M
YoY Change
Debt Paid & Issued, Net $51.90M
YoY Change -12.03%
Cash From Financing Activities 34.94M 212.5M
YoY Change -95.43%
NET CHANGE
Cash From Operating Activities -251.1M -294.6M
Cash From Investing Activities -4.664M -13.41M
Cash From Financing Activities 34.94M 212.5M
Net Change In Cash -6.256M -95.51M
YoY Change -93.57%
FREE CASH FLOW
Cash From Operating Activities -$251.1M -$294.6M
Capital Expenditures $4.834M -$13.66M
Free Cash Flow -$255.9M -$280.9M
YoY Change -69.03%

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CY2023 uxin Increase Decrease In Loan Recognized As Result Of Payment Under Guarantee Net Current
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CY2023 us-gaap Increase Decrease In Inventories
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CY2023 us-gaap Increase Decrease In Inventories
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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CY2022 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2021 uxin Consideration Payable To Webank Net Of Discounting Impact
ConsiderationPayableToWebankNetOfDiscountingImpact
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CY2022 uxin Consideration Payable To Webank Net Of Discounting Impact
ConsiderationPayableToWebankNetOfDiscountingImpact
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CY2023 uxin Consideration Payable To Webank Net Of Discounting Impact
ConsiderationPayableToWebankNetOfDiscountingImpact
53423000
CY2023 uxin Consideration Payable To Webank Net Of Discounting Impact
ConsiderationPayableToWebankNetOfDiscountingImpact
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
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CY2023 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
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CY2023 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
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CY2021 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Proceeds From Issuance Of Debt
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CY2023 us-gaap Proceeds From Issuance Of Debt
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CY2021 us-gaap Repayments Of Debt
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CY2022 us-gaap Repayments Of Debt
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CY2023 us-gaap Repayments Of Debt
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CY2023 us-gaap Repayments Of Debt
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CY2022 us-gaap Repayments Of Long Term Debt
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CY2023 us-gaap Repayments Of Long Term Debt
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CY2023 us-gaap Repayments Of Long Term Debt
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CY2021 us-gaap Proceeds From Stock Options Exercised
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CY2022 us-gaap Proceeds From Stock Options Exercised
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CY2023 us-gaap Proceeds From Stock Options Exercised
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CY2023 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 uxin Proceeds From The Issuance Of Senior Convertible Preferred Shares In Conjunction With Warrants
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CY2023 uxin Proceeds From The Issuance Of Senior Convertible Preferred Shares In Conjunction With Warrants
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CY2023 uxin Proceeds From The Issuance Of Senior Convertible Preferred Shares In Conjunction With Warrants
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
233719000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2022 us-gaap Interest Paid Net
InterestPaidNet
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CY2023 us-gaap Interest Paid Net
InterestPaidNet
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CY2023 us-gaap Interest Paid Net
InterestPaidNet
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CY2021 uxin Unreceived Disposal Consideration
UnreceivedDisposalConsideration
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CY2022 uxin Net Settlement Of Long Term Debt With Unreceived Disposal Consideration
NetSettlementOfLongTermDebtWithUnreceivedDisposalConsideration
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CY2023 uxin Conversion Of Long Term Debt Into Equity
ConversionOfLongTermDebtIntoEquity
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CY2023 uxin Conversion Of Long Term Debt Into Equity
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CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2023Q1 uxin Current Liabilities Exceeded Current Assets
CurrentLiabilitiesExceededCurrentAssets
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CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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CY2023Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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CY2023 us-gaap Use Of Estimates
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<p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">2.4 Use of estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets, long-lived assets and liabilities at the dates of the financial statements and the reported amount of revenues and expenses during the reporting periods. On an ongoing basis, the Company’s management reviews these estimates based on information that is currently available. Changes in facts and circumstances may cause the Company to revise its estimates. Accounting estimates reflected in the Group’s consolidated financial statements include, but are not limited to, the fair value of senior convertible preferred shares, warrant liabilities,</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:11.0pt;font-family:&quot;Calibri&quot;, sans-serif;min-width:fit-content;"> </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">forward contracts, share-based compensation arrangements, fair value of the long-term investment, provision for credit losses for loans recognized as a result of payments under guarantees and other receivables, the useful lives of property, equipment and software, incremental borrowing rate applied in lease accounting, inventory provision and valuation allowances for deferred tax assets. Given that changes in circumstances, facts and experience may cause the Group to revise its estimates, actual results could differ from those estimates.</span></p>
CY2023Q1 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
6.8676
CY2022Q1 us-gaap Inventory Net
InventoryNet
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CY2023Q1 us-gaap Inventory Net
InventoryNet
110900000
CY2021Q1 uxin Inventory Provision
InventoryProvision
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CY2022Q1 uxin Inventory Provision
InventoryProvision
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CY2023Q1 uxin Inventory Provision
InventoryProvision
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CY2023 us-gaap Guarantees Indemnifications And Warranties Policies
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<p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">2.11 Guarantee liabilities</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Before the three months ended December 31, 2019, the third-party financing partners offered financing solutions to the buyers (the “Borrowers”) and the Company was required to provide a guarantee in the event of Borrower default. The balances as of March 31, 2022 represent the Company’s remaining guarantee obligations in relation to the historically facilitated loans.</span></p>
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CY2023Q1 us-gaap Revenue Remaining Performance Obligation
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CY2023 uxin Revenue Remaining Performance Obligation Expected Percentage
RevenueRemainingPerformanceObligationExpectedPercentage
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CY2023Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
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CY2022 us-gaap Advertising Expense
AdvertisingExpense
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CY2023 us-gaap Advertising Expense
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CY2023 uxin Allowance For Doubtful Notes Loans And Financing Receivable Write Offs
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CY2023 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
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CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2021 uxin Financing Receivable Allowance For Credit Loss Additional Guarantees Increase
FinancingReceivableAllowanceForCreditLossAdditionalGuaranteesIncrease
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CY2021 us-gaap Provision For Loan Losses Expensed
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CY2022 us-gaap Provision For Loan Losses Expensed
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CY2023 us-gaap Provision For Loan Losses Expensed
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CY2021 uxin Allowance For Doubtful Notes Loans And Financing Receivable Write Offs
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CY2022 uxin Allowance For Doubtful Notes Loans And Financing Receivable Write Offs
AllowanceForDoubtfulNotesLoansAndFinancingReceivableWriteOffs
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CY2023 uxin Allowance For Doubtful Notes Loans And Financing Receivable Write Offs
AllowanceForDoubtfulNotesLoansAndFinancingReceivableWriteOffs
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CY2021 uxin Financing Receivable Allowance For Credit Losses Buyouts
FinancingReceivableAllowanceForCreditLossesBuyouts
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CY2022 uxin Financing Receivable Allowance For Credit Losses Buyouts
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CY2021 us-gaap Financing Receivable Allowance For Credit Losses Recovery
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CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
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CY2023 us-gaap Financing Receivable Allowance For Credit Losses Recovery
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CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
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CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
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CY2022Q1 us-gaap Allowance For Notes And Loans Receivable Current
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CY2022Q1 us-gaap Security Deposit
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CY2023Q1 us-gaap Allowance For Notes And Loans Receivable Current
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CY2023Q1 us-gaap Security Deposit
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CY2022Q1 us-gaap Due From Employees Current
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CY2023Q1 us-gaap Due From Employees Current
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CY2022Q1 uxin Unreceived Disposal Considerations
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CY2022Q1 us-gaap Other Receivables
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CY2023Q1 us-gaap Other Receivables
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CY2022Q1 us-gaap Other Receivables Gross Current
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CY2023Q1 us-gaap Other Receivables Gross Current
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CY2022Q1 us-gaap Allowance For Doubtful Other Receivables Current
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CY2023Q1 us-gaap Allowance For Doubtful Other Receivables Current
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CY2022Q1 us-gaap Other Receivables Net Current
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CY2023Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
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CY2022Q3 uxin Unreceivedconsideration
Unreceivedconsideration
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CY2020Q1 us-gaap Allowance For Doubtful Other Receivables Current
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CY2021Q1 us-gaap Allowance For Doubtful Other Receivables Current
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CY2022Q1 us-gaap Allowance For Doubtful Other Receivables Current
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CY2021 uxin Provision For Doubtful Accounts Other Receivables
ProvisionForDoubtfulAccountsOtherReceivables
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CY2022 uxin Provision For Doubtful Accounts Other Receivables
ProvisionForDoubtfulAccountsOtherReceivables
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CY2023 uxin Provision For Doubtful Accounts Other Receivables
ProvisionForDoubtfulAccountsOtherReceivables
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CY2021 uxin Allowance For Other Receivables Write Offs
AllowanceForOtherReceivablesWriteOffs
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CY2022 uxin Allowance For Other Receivables Write Offs
AllowanceForOtherReceivablesWriteOffs
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CY2023 uxin Allowance For Other Receivables Write Offs
AllowanceForOtherReceivablesWriteOffs
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CY2022Q1 us-gaap Due From Other Related Parties
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CY2021Q1 us-gaap Allowance For Doubtful Other Receivables Current
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CY2022Q1 us-gaap Allowance For Doubtful Other Receivables Current
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CY2023Q1 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
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CY2022Q1 us-gaap Prepaid Taxes
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CY2023Q1 us-gaap Prepaid Taxes
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CY2022Q1 us-gaap Prepaid Rent
PrepaidRent
2469000
CY2023Q1 us-gaap Prepaid Rent
PrepaidRent
2537000
CY2022Q1 uxin Prepaid Marketing Expense
PrepaidMarketingExpense
7877000
CY2023Q1 uxin Prepaid Marketing Expense
PrepaidMarketingExpense
2009000
CY2022Q1 uxin Prepaid Consulting And Professional Service Fees
PrepaidConsultingAndProfessionalServiceFees
5383000
CY2023Q1 uxin Prepaid Consulting And Professional Service Fees
PrepaidConsultingAndProfessionalServiceFees
1247000
CY2022Q1 us-gaap Prepaid Insurance
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CY2023Q1 us-gaap Prepaid Insurance
PrepaidInsurance
139000
CY2022Q1 uxin Prepaid Financial Advisory Service Fee
PrepaidFinancialAdvisoryServiceFee
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CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
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CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
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CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
90012000
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
61390000
CY2022Q1 uxin Aggregate Amount Of Prepaid Financial Advisory Service Fee
AggregateAmountOfPrepaidFinancialAdvisoryServiceFee
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CY2022 uxin Aggregate Amount Of Prepaid Financial Advisory Service Fee Term Period
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CY2023Q1 uxin Non Current Portion Of Long Term Debt
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CY2023Q1 uxin Long Term Debt Net
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CY2022 uxin Government Grant Income
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CY2023 uxin Government Grant Income
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CY2022 uxin Guarantee Income
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CY2023 uxin Guarantee Income
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CY2023Q1 us-gaap Operating Lease Liability
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
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CY2023 us-gaap Income Tax Expense Benefit
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FairValueAdjustmentOfWarrants
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CY2022 uxin Fair Value Adjustment Of Forward Contract Liability
FairValueAdjustmentOfForwardContractLiability
-441088000
CY2021 uxin Net Income Loss From Continuing Operations Available To Common Shareholders Diluted After Adjustments
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDilutedAfterAdjustments
-716966000
CY2022 uxin Net Income Loss From Continuing Operations Available To Common Shareholders Diluted After Adjustments
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDilutedAfterAdjustments
-2808971000
CY2023 uxin Net Income Loss From Continuing Operations Available To Common Shareholders Diluted After Adjustments
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDilutedAfterAdjustments
-892792000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1100650208
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1168419750
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1344536565
CY2022 uxin Warrants
Warrants
147895143
CY2022 uxin Forward Contract
ForwardContract
38191128
CY2021 uxin Weighted Average Number Of Diluted Shares Outstanding Continuing Operations
WeightedAverageNumberOfDilutedSharesOutstandingContinuingOperations
1100650208
CY2022 uxin Weighted Average Number Of Diluted Shares Outstanding Continuing Operations
WeightedAverageNumberOfDilutedSharesOutstandingContinuingOperations
1354506021
CY2023 uxin Weighted Average Number Of Diluted Shares Outstanding Continuing Operations
WeightedAverageNumberOfDilutedSharesOutstandingContinuingOperations
1344536565
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.65
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.07
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.66
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
230262825
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
245389524
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
923377527
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
76100000
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
25800000
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
31700000
CY2023Q1 uxin Appropriation To General Reserve Percentage Of Profit Net Of Tax
AppropriationToGeneralReservePercentageOfProfitNetOfTax
0.10
CY2023Q1 uxin Criteria For Appropriation To General Reserve Fund Maximum Threshold As Percentage Of Registered Capital
CriteriaForAppropriationToGeneralReserveFundMaximumThresholdAsPercentageOfRegisteredCapital
0.50
CY2023 uxin Appropriation Of Statutory Reserve Enterprise Expansion Fund And Staff Welfare And Bonus Fund
AppropriationOfStatutoryReserveEnterpriseExpansionFundAndStaffWelfareAndBonusFund
0
CY2022 uxin Appropriation Of Statutory Reserve Enterprise Expansion Fund And Staff Welfare And Bonus Fund
AppropriationOfStatutoryReserveEnterpriseExpansionFundAndStaffWelfareAndBonusFund
0
CY2021 uxin Appropriation Of Statutory Reserve Enterprise Expansion Fund And Staff Welfare And Bonus Fund
AppropriationOfStatutoryReserveEnterpriseExpansionFundAndStaffWelfareAndBonusFund
0
CY2023Q1 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries
0

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