Uxin (NASDAQ:UXIN) Second Quarter 2023 Results
Key financial results
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Revenue: CN¥618.8m (up 79% from Q2 2022).
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Net loss: CN¥116.5m (loss down 93% from Q2 2022).
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Loss of CN¥2.58 per share (up from loss of CN¥43.65 in Q2 2022).
All numbers shown in the chart above are for the last 12 months (TTM) period.
Uxin Earnings Insights
Revenue is projected to grow at an average annual rate of 31% over the next three years compared to the 12% growth forecast for the US online retail industry.
performance of American online retail industry.
The company’s stock is up 12% from a week ago.
risk analysis
The ever-present specter of investment risk must be considered. Identified 5 warning signs We use Uxins (at least three that should not be ignored) and understanding them should be part of the investment process.
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This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …
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