Kaixin Auto Holdings

Company Profile

Kaixin Auto Holdings had its IPO on 2017-11-06 under the ticker symbol KXIN.

The company operates in the Consumer Cyclical sector and Auto & Truck Dealerships industry. Kaixin Auto Holdings has a staff strength of 27 employees.

Stock update

Shares of Kaixin Auto Holdings opened at $0.28 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.26 - $0.3, and closed at $0.27.

This is a +6.2% increase from the previous day's closing price.

A total volume of 2,008,264 shares were traded at the close of the day’s session.

In the last one week, shares of Kaixin Auto Holdings have increased by +49.73%.

Kaixin Auto Holdings's Key Ratios

Kaixin Auto Holdings has a market cap of $40.88 million, indicating a price to book ratio of 12.337 and a price to sales ratio of 0.3232.

In the last 12-months Kaixin Auto Holdings’s revenue was $82.84 million with a gross profit of $-22275000 and an EBITDA of $-69179000. The EBITDA ratio measures Kaixin Auto Holdings's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Kaixin Auto Holdings’s operating margin was -85.54% while its return on assets stood at -68.22% with a return of equity of -230%.

In Q2, Kaixin Auto Holdings’s quarterly earnings growth was a positive 0% while revenue growth was a negative 80.3%.

Kaixin Auto Holdings’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $0 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Kaixin Auto Holdings’s profitability.

Kaixin Auto Holdings stock is trading at a EV to sales ratio of 0.3594 and a EV to EBITDA ratio of -0.8381. Its price to sales ratio in the trailing 12-months stood at 0.3232.

Kaixin Auto Holdings stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$55.68 million

Total Liabilities

$19.87 million

Operating Cash Flow

$-66500.00

Capital Expenditure

$29500

Dividend Payout Ratio

0%

Kaixin Auto Holdings ended 2024 with $55.68 million in total assets and $0 in total liabilities. Its intangible assets were valued at $55.68 million while shareholder equity stood at $31.32 million.

Kaixin Auto Holdings ended 2024 with $0 in deferred long-term liabilities, $19.87 million in other current liabilities, 11000.00 in common stock, $-283008000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $7.10 million and cash and short-term investments were $7.10 million. The company’s total short-term debt was $9,424,000 while long-term debt stood at $0.

Kaixin Auto Holdings’s total current assets stands at $42.30 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $18.40 million compared to accounts payable of $0 and inventory worth $31000.00.

In 2024, Kaixin Auto Holdings's operating cash flow was $-66500.00 while its capital expenditure stood at $29500.

Comparatively, Kaixin Auto Holdings paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.27

52-Week High

$1.04

52-Week Low

$0.17

Analyst Target Price

$

Kaixin Auto Holdings stock is currently trading at $0.27 per share. It touched a 52-week high of $1.04 and a 52-week low of $1.04. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.25 and 200-day moving average was $0.35 The short ratio stood at 0.86 indicating a short percent outstanding of 0%.

Around 3604.2% of the company’s stock are held by insiders while 8.8% are held by institutions.