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Financial Statements — UXIN
Balance Sheet
(in billions CNY)| Metric | Q4 2025 | Q2 2025 | Q4 2024 | Q4 2023 | Q4 2022 | Q4 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 0.01 | 0.07 | 0.03 | 0.09 | 0.02 | 0.19 | 0.03 |
| Accounts Receivable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory | 0.55 | 0.28 | 0.21 | 0.11 | 0.07 | 0.07 | 0.05 |
| Total Current Assets | 0.11 | 0.45 | 0.34 | 0.28 | 0.14 | 0.83 | 0.94 |
| Property, Plant & Equipment | 0.09 | 0.01 | 0.07 | 0.06 | 0.03 | 0.00 | 0.03 |
| Intangible Assets | -- | -- | -- | -- | -- | 0.00 | 0.00 |
| Total Non-current Assets | 1.67 | 0.22 | 0.22 | 0.06 | 0.38 | 0.06 | 0.06 |
| Total Assets | 0.35 | 0.29 | 0.27 | 0.10 | 0.20 | 0.19 | 0.21 |
| Accounts Payable | 0.07 | 0.08 | 0.01 | 0.01 | 0.01 | 0.10 | 0.10 |
| Short-term Debt | -- | -- | -- | 0.00 | -- | -- | -- |
| Total Current Liabilities | 0.14 | 0.65 | 0.76 | 0.60 | 1.30 | 0.18 | 3.13 |
| Long-term Debt | -- | -- | 0.05 | 0.23 | 0.23 | -- | 0.26 |
| Total Non-current Liabilities | 0.19 | 1.37 | 0.19 | 0.10 | 0.15 | 0.32 | 1.43 |
| Total Liabilities | 0.33 | 0.28 | 0.30 | 0.19 | 2.23 | 3.23 | 0.71 |
| Retained Earnings | (2.84) | (2.75) | (19.58) | (2.47) | (2.53) | (15.91) | (2.75) |
| Total Stockholder Equity | (0.23) | (0.28) | (0.37) | (1.27) | (0.24) | (0.30) | (3.23) |
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Income Statement
(in millions USD) (except per-share rows)| Metric | Q2 2025 | Q2 2021 |
|---|---|---|
| Total Revenue | 162.28 | 623.73 |
| Cost of Revenue | 1,092.95 | 597.97 |
| Gross Profit | 9.71 | 25.76 |
| Research & Development | 0.84 | 2.56 |
| Selling, General & Admin | 5.27 | 11.37 |
| Total Operating Expenses | 147.94 | 26.27 |
| Operating Income | (10.94) | (96.61) |
| Interest Expense | 6.37 | 4.36 |
| Pretax Income | (118.95) | (1,784.06) |
| Tax Provision | 0.04 | 0.03 |
| Net Income | (16.61) | (1,783.79) |
| Basic EPS | 0.00 | -- |
| Diluted EPS | 0.00 | -- |
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Cash Flow Statement
(in millions CNY)| Metric | Q2 2025 | Q2 2021 |
|---|---|---|
| Operating Cash Flow | (155.99) | (85.42) |
| Capital Expenditures | 8.19 | 0.78 |
| Free Cash Flow* | (164.17) | (86.19) |
| Investing Cash Flow | (1.11) | (3.36) |
| Financing Cash Flow | 206.38 | 551.93 |
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* Derived from reported values