Kaixin Financial Statements From 2010 to 2024

KXIN Stock  USD 1.98  0.02  1.02%   
Kaixin Auto financial statements provide useful quarterly and yearly information to potential Kaixin Auto Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Kaixin Auto financial statements helps investors assess Kaixin Auto's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Kaixin Auto's valuation are summarized below:
Gross Profit
-22.3 M
Market Capitalization
3.5 M
Enterprise Value Revenue
0.3542
Revenue
12.7 M
Earnings Share
(129.04)
We have found one hundred twenty available fundamental ratios for Kaixin Auto, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Kaixin Auto's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 28th of November 2024, Market Cap is likely to drop to about 3.8 B. In addition to that, Enterprise Value is likely to drop to about 3.8 B

Kaixin Auto Total Revenue

29.96 Million

Check Kaixin Auto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kaixin Auto's main balance sheet or income statement drivers, such as Interest Expense of 498.8 K, Selling General Administrative of 23.9 M or Total Revenue of 30 M, as well as many indicators such as Price To Sales Ratio of 36.4, Dividend Yield of 0.0 or PTB Ratio of 19.98. Kaixin financial statements analysis is a perfect complement when working with Kaixin Auto Valuation or Volatility modules.
  
Check out the analysis of Kaixin Auto Correlation against competitors.

Kaixin Auto Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets71.7 M85.5 M52.6 M
Slightly volatile
Total Current Liabilities14.4 M15.1 M22.6 M
Slightly volatile
Other Liabilities1.9 MM39.1 M
Slightly volatile
Accounts Payable89.3 K94 K501.4 K
Slightly volatile
Net Receivables1.4 M1.5 M6.9 M
Very volatile
Short Term Investments254.1 M242 M105.3 M
Slightly volatile
Liabilities And Stockholders Equity71.7 M85.5 M52.6 M
Slightly volatile
Other Current Assets567.1 K597 K6.2 M
Slightly volatile
Total Liabilities17.7 M18.6 M29.8 M
Pretty Stable
Total Current AssetsM4.2 M21.6 M
Slightly volatile
Common Stock35.1 K37 K27.1 M
Very volatile
Property Plant Equipment730.1 K548.5 K438.6 K
Slightly volatile
Short and Long Term Debt Total2.8 MM4.4 M
Slightly volatile
Capital Stock37 K39 K122.6 M
Slightly volatile
Property Plant And Equipment Net700.2 K792 K1.8 M
Slightly volatile

Kaixin Auto Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative23.9 M18 M15.7 M
Slightly volatile
Research Development827 K870.5 K1.4 M
Pretty Stable
Total Operating Expenses33.1 M21.3 M20.4 M
Slightly volatile
Interest Income4.3 K4.5 K483.1 K
Pretty Stable
Depreciation And Amortization2.4 M2.5 M5.6 M
Pretty Stable
Selling And Marketing Expenses6.3 M3.3 M16.4 M
Slightly volatile
Reconciled Depreciation2.6 M2.5 M618.5 K
Slightly volatile

Kaixin Auto Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation2.6 M2.5 M538.2 K
Slightly volatile
Capital Expenditures275.4 K396 K182.9 K
Slightly volatile
Change To Netincome55.8 M64.2 M36.4 M
Slightly volatile
End Period Cash FlowM2.1 M2.7 M
Slightly volatile
Stock Based Compensation22 M12 M10.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio36.438.314678.0791
Pretty Stable
Days Sales Outstanding21.5516.840810.5598
Slightly volatile
Stock Based Compensation To Revenue0.40.37950.1089
Slightly volatile
Capex To Depreciation0.150.15954.1422
Pretty Stable
EV To Sales36.4338.342678.1038
Pretty Stable
Payables Turnover186332164
Slightly volatile
Sales General And Administrative To Revenue0.60.57120.1799
Slightly volatile
Research And Ddevelopement To Revenue0.01150.02050.0135
Slightly volatile
Capex To Revenue0.01320.01260.0044
Slightly volatile
Cash Per Share0.08660.09115.744
Very volatile
Days Payables Outstanding1.041.099936.596
Slightly volatile
Intangibles To Total Assets0.770.73230.365
Very volatile
Current Ratio0.260.2781.6695
Very volatile
Receivables Turnover20.5921.6735K
Slightly volatile
Graham Number11.4812.087324.5972
Very volatile
Capex Per Share0.01640.01730.1882
Slightly volatile
Revenue Per Share1.311.3781106
Slightly volatile
Interest Debt Per Share0.130.13670.8815
Slightly volatile
Debt To Assets0.02890.03040.2711
Slightly volatile
Days Of Payables Outstanding1.041.099936.596
Slightly volatile
Long Term Debt To Capitalization0.0960.110.1172
Slightly volatile
Total Debt To Capitalization0.03740.03940.9913
Slightly volatile
Quick Ratio0.260.27371.6188
Very volatile
Net Income Per E B T0.770.99590.9712
Slightly volatile
Cash Ratio0.130.13794.5082
Slightly volatile
Days Of Sales Outstanding21.5516.840810.5598
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.871.18791.0676
Pretty Stable
Fixed Asset Turnover37.8339.8169392
Slightly volatile
Debt Ratio0.02890.03040.2711
Slightly volatile
Price Sales Ratio36.438.314678.0791
Pretty Stable
Asset Turnover0.350.36872.1847
Pretty Stable

Kaixin Auto Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.8 BB16.1 B
Slightly volatile
Enterprise Value3.8 B4.1 B16.1 B
Slightly volatile

Kaixin Fundamental Market Drivers

Cash And Short Term Investments2.1 M

Kaixin Upcoming Events

21st of May 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Kaixin Auto Financial Statements

Kaixin Auto investors utilize fundamental indicators, such as revenue or net income, to predict how Kaixin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue764 K515 K
Total Revenue31.5 M30 M
Cost Of Revenue31.2 M29.6 M
Stock Based Compensation To Revenue 0.38  0.40 
Sales General And Administrative To Revenue 0.57  0.60 
Research And Ddevelopement To Revenue 0.02  0.01 
Capex To Revenue 0.01  0.01 
Revenue Per Share 1.38  1.31 
Ebit Per Revenue(0.67)(0.70)

Pair Trading with Kaixin Auto

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kaixin Auto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kaixin Auto will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kaixin Stock

  0.62YJ Yunji IncPairCorr

Moving against Kaixin Stock

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  0.33JFBR Jeffs BrandsPairCorr
The ability to find closely correlated positions to Kaixin Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kaixin Auto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kaixin Auto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kaixin Auto Holdings to buy it.
The correlation of Kaixin Auto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kaixin Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kaixin Auto Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kaixin Auto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Kaixin Auto Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kaixin Auto's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kaixin Auto Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kaixin Auto Holdings Stock:
Check out the analysis of Kaixin Auto Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kaixin Auto. If investors know Kaixin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kaixin Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(129.04)
Revenue Per Share
18.145
Quarterly Revenue Growth
(0.74)
Return On Assets
(0.48)
Return On Equity
(1.34)
The market value of Kaixin Auto Holdings is measured differently than its book value, which is the value of Kaixin that is recorded on the company's balance sheet. Investors also form their own opinion of Kaixin Auto's value that differs from its market value or its book value, called intrinsic value, which is Kaixin Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kaixin Auto's market value can be influenced by many factors that don't directly affect Kaixin Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kaixin Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaixin Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaixin Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.