NasdaqCM:KXIN

Stock Analysis Report

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Executive Summary

Kaixin Auto Holdings operates as a used car dealership in the People’s Republic of China.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Kaixin Auto Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KXIN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.1%

KXIN

3.0%

US Specialty Retail

4.0%

US Market


1 Year Return

-59.8%

KXIN

-5.9%

US Specialty Retail

5.0%

US Market

Return vs Industry: KXIN underperformed the US Specialty Retail industry which returned -5.9% over the past year.

Return vs Market: KXIN underperformed the US Market which returned 4.9% over the past year.


Shareholder returns

KXINIndustryMarket
7 Day-7.1%3.0%4.0%
30 Day-5.1%-6.7%-1.1%
90 Day-19.3%27.9%21.1%
1 Year-59.8%-59.8%-4.7%-5.9%7.2%5.0%
3 Yearn/a30.0%23.7%36.0%27.1%
5 Yearn/a18.0%8.1%65.3%46.9%

Price Volatility Vs. Market

How volatile is Kaixin Auto Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Kaixin Auto Holdings undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Kaixin Auto Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Kaixin Auto Holdings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is Kaixin Auto Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

39.2%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kaixin Auto Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Kaixin Auto Holdings performed over the past 5 years?

6.8%

Historical Retail annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Kaixin Auto Holdings has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Kaixin Auto Holdings's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • Explore strong past performing companies in the Retail industry.

Financial Health

How is Kaixin Auto Holdings's financial position?


In this section we usually analyse Kaixin Auto Holdings's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Kaixin Auto Holdings has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of KXIN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Kaixin Auto Holdings's financial data was last updated here.
  • Explore more healthy companies in the Retail industry.

Dividend

What is Kaixin Auto Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KXIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KXIN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KXIN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KXIN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KXIN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Chen Ji (40yo)

no data

Tenure

Mr. Chen Ji has served as chief executive officer of Kaixin Auto since October 2018. Prior to that, Mr. Ji served as Kaixin Auto’s chief operating officer from September 2014 to September 2018. Before rejo ...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kaixin Auto Holdings's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kaixin Auto Holdings
  • Ticker: KXIN
  • Exchange: NasdaqCM
  • Founded: 2015
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: US$31.120m
  • Shares outstanding: 38.55m
  • Website: https://ir.kaixin.com

Number of Employees


Location

  • Kaixin Auto Holdings
  • 18 Jiuxianqiao Middle Road
  • 5th Floor, North Wing
  • Beijing
  • Beijing Province
  • 100016
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KXINNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDMay 2019

Biography

Kaixin Auto Holdings operates as a used car dealership in the People’s Republic of China. As of December 31, 2018, the company had 14 dealerships. It also provides financing channels to its customers through its partnership with financial institutions; and value-added services to its customers, including insurance, extended warranties, and after-sales services The company was founded in 2015 and is based in Beijing, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 00:01
End of Day Share Price2020/07/02 00:00
Earnings2018/06/30
Annual Earnings2017/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.