GRAPHIC-Resiliency test: How well can Chinese firms cope financially from a virus hit? [Reuters]
Uxin Limited - American Depositary Shares (UXIN)
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Source: Reuters
GRAPHIC-Resiliency test: How well can Chinese firms cope financially from a virus hit? March 4 (Reuters) - As companies in China gradually restart business following the extended Lunar New Year break, investors are fretting over the financial impact of the coronavirus outbreak that has squeezed cash flow and hammered revenues in many sectors. The flu-like epidemic has killed nearly 3,000 people and infected more than 80,000 across the country. Reuters analyzed balance sheets of nearly 4,000 listed Chinese companies to see how well they are financially prepared to cope with the impact. A look at days of cash on hand, which estimates how long a business can run daily operations without additional revenue, showed that the airline industry is most vulnerable with just 48 days of cash on hand as of end-September, down from 72 days a year earlier. Carriers faced immense pressure in the first quarter as the outbreak escalated, as many airlines were forced to cancel thousands of flights and p
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UXIN
News
- Uxin Reports Unaudited Third Quarter of Fiscal Year 2024 Financial ResultsPR Newswire
- Uxin Q3 2024 Earnings Preview [Seeking Alpha]Seeking Alpha
- Uxin to Report Third Quarter Fiscal Year 2024 Financial Results on April 25, 2024 [Yahoo! Finance]Yahoo! Finance
- Uxin to Report Third Quarter Fiscal Year 2024 Financial Results on April 25, 2024PR Newswire
- Uxin Announces Entry into a Term Sheet for Financing [Yahoo! Finance]Yahoo! Finance
UXIN
Sec Filings
- 4/25/24 - Form 6-K
- 3/28/24 - Form SC
- 3/28/24 - Form SC
- UXIN's page on the SEC website