Uxin Limited (UXIN), a Chinese used car retailer, reported a narrower net loss for Q4, driven by a significant increase in revenue and transaction volume. The company posted a net loss of RMB 87.5 million ($12.51 million), an improvement from RMB 92 million in the same quarter last year, while quarterly net revenues surged 100.7% to RMB 1.20 billion ($171.3 million). In pre-market trading on Nasdaq, Uxin shares rose by 1.99%, reflecting positive investor sentiment.
This performance highlights Uxin’s robust growth trajectory as it anticipates fiscal 2026 revenues and retail transaction volume to more than double. The company reported a transaction volume of 21,634 units for the quarter, up 129.2% year-over-year, indicating strong demand in the used car market. For Q1 of fiscal 2026, Uxin expects revenues between RMB 1.050 billion and RMB 1.070 billion, further solidifying its growth outlook.
Investors should note Uxin’s accelerating transaction volume and revenue growth as key indicators of its potential market position, making it an interesting watch in the evolving automotive retail landscape.
Source: nasdaq.com