Kaixin Auto Holdings Announces Unaudited Second Quarter 2019 Financial Results
Kaixin Holdings - Ordinary Shares (KXIN)
Company Research
Source: GlobeNewswire
BEIJING, Nov. 26, 2019 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN), one of the primary dealership networks in the premium used car segment in China, today announced its unaudited financial results for the three months ended June 30, 20191. Second Quarter 2019 Operational Highlights Number of Self-Owned and Affiliated Network Dealerships were 14 and 4, respectively, as of June 30, 2019, unchanged from March 31, 2019.Gross Merchandise Value (GMV)2 was US$108.1 million, representing a decrease of 3.1% from US$111.6 million in the second quarter of 2018.Number of cars sold was 1,667 units, compared with 1,543 units sold in the second quarter of 2018.Inventory turnover days were 42 days, compared with 67 days in the second quarter of 2018. Second Quarter 2019 Financial Highlights Total net revenues were US$100.0 million, representing a decrease of 8.1% from US$108.8 million in the second quarter of 2018.Gross profit was US$2.5 million, repres
Show less
Read more
Impact Snapshot
Event Time:
KXIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KXIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KXIN alerts
High impacting Kaixin Holdings - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
KXIN
News
- Kaixin Holdings Full Year 2023 Earnings: US$2.34 loss per share (vs US$6.35 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Kaixin Auto Holdings Announces Name Change [Yahoo! Finance]Yahoo! Finance
- Kaixin Auto Holdings Announces Name ChangeGlobeNewswire
- Global Low-Speed Electric Vehicle Market to Hit Valuation of USD 33.48 Billion By 2032, at 22.5% CAGR: Astute Analytica [Yahoo! Finance]Yahoo! Finance
- Kaixin Auto Holdings Announces Annual General Meeting Results [Yahoo! Finance]Yahoo! Finance
KXIN
Sec Filings
- 4/29/24 - Form 20-F
- 4/9/24 - Form 6-K
- 3/12/24 - Form 6-K
- KXIN's page on the SEC website