Kaixin Auto Holdings Stock Today

KXIN Stock  USD 2.12  0.21  9.01%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 84

 
High
 
Low
Very High
Kaixin Auto is selling at 2.12 as of the 25th of November 2024; that is 9.01 percent down since the beginning of the trading day. The stock's open price was 2.33. Kaixin Auto has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Kaixin Auto Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of December 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
6th of November 2017
Category
Consumer Cyclical
Classification
Consumer Discretionary
Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the Peoples Republic of China. Kaixin Auto Holdings is headquartered in Beijing, the Peoples Republic of China. Kaixin Auto operates under Auto Truck Dealerships classification in the United States and is traded on NASDAQ Exchange. The company has 1.69 M outstanding shares of which 73.25 K shares are now shorted by private and institutional investors with about 0.05 trading days to cover. More on Kaixin Auto Holdings

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Kaixin Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Senior PresidentGu Lei
Business ConcentrationAutomotive Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Consumer Discretionary, Specialty Retail, Auto & Truck Dealerships, Consumer Cyclical (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.3687
Notably Down
Pretty Stable
Total Current Liabilities14.4 M15.1 M
Notably Down
Slightly volatile
Total Assets71.7 M85.5 M
Fairly Down
Slightly volatile
Total Current AssetsM4.2 M
Notably Down
Slightly volatile
Debt Levels
Kaixin Auto can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kaixin Auto's financial leverage. It provides some insight into what part of Kaixin Auto's total assets is financed by creditors.
Liquidity
Kaixin Auto Holdings currently holds 2.97 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Kaixin Auto Holdings has a current ratio of 1.97, which is within standard range for the sector. Note, when we think about Kaixin Auto's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

1.12 Million
Kaixin Auto Holdings (KXIN) is traded on NASDAQ Exchange in USA. It is located in 198 Qidi Road, Hangzhou, China and employs 23 people. Kaixin Auto is listed under Automotive Retail category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.79 M. Kaixin Auto Holdings conducts business under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 1.69 M outstanding shares of which 73.25 K shares are now shorted by private and institutional investors with about 0.05 trading days to cover. Kaixin Auto Holdings currently holds about 5.26 M in cash with (2.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Kaixin Auto Probability Of Bankruptcy
Ownership Allocation
Roughly 97.4 % of Kaixin Auto outstanding shares are held by general public with 2.34 pct. owned by insiders and only 0.26 % by institutional investors.
Check Kaixin Ownership Details

Kaixin Stock Institutional Holders

InstituionRecorded OnShares
Group One Trading, Lp2024-06-30
211.6 K
Virtu Financial Llc2024-06-30
95.4 K
Baader Bank Inc2024-06-30
49.9 K
Hrt Financial Llc2024-06-30
32.5 K
Qube Research & Technologies2024-06-30
1.2 K
Belvedere Trading Llc2024-06-30
0.0
Simplex Trading, Llc2024-06-30
0.0
Xtx Topco Ltd2024-09-30
0.0
Ubs Group Ag2024-06-30
0.0
View Kaixin Auto Diagnostics

Kaixin Auto Historical Income Statement

At this time, Kaixin Auto's Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Total Operating Expenses is likely to grow to about 33.1 M, while Discontinued Operations is likely to drop (717.3 K). View More Fundamentals

Kaixin Stock Against Markets

When determining whether Kaixin Auto Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kaixin Auto's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kaixin Auto Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kaixin Auto Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaixin Auto Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kaixin Auto. If investors know Kaixin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kaixin Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(129.04)
Revenue Per Share
18.145
Quarterly Revenue Growth
(0.74)
Return On Assets
(0.48)
Return On Equity
(1.34)
The market value of Kaixin Auto Holdings is measured differently than its book value, which is the value of Kaixin that is recorded on the company's balance sheet. Investors also form their own opinion of Kaixin Auto's value that differs from its market value or its book value, called intrinsic value, which is Kaixin Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kaixin Auto's market value can be influenced by many factors that don't directly affect Kaixin Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kaixin Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaixin Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaixin Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.