← Uxin Ltd
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||
| Current assets: | ||||||||||
| Cash and Cash Equivalents, at Carrying Value | — | $292.0m | $68.5m | $48.4m | $29.4m | $20.2m | $13.5m | $3.4m | $11.9m | |
| Prepaid Expense and Other Assets, Current | — | $249.8m | $22.8m | $19.4m | $16.5m | $14.2m | $8.9m | $11.9m | $12.5m | |
| Short-term Investments | — | $1.0m | — | — | — | — | — | — | — | |
| Cash and Cash Equivalents | $292.0m | $801.0m | $478.2m | $342.5m | $192.6m | $128.0m | $92.7m | $23.3m | $83.0m | |
| Restricted Cash, Current | $1.6b | $2.0b | $707.0m | $454.9m | $41.1m | $8.3m | $618k | $594k | $71k | |
| Accounts Receivable | $40.2m | $51.6m | $44.6m | $6.4m | $2.4m | $832k | $790k | $2.1m | $4.6m | |
| Subscription receivable from shareholders | — | — | — | — | — | — | ($550.1m) | ($107.9m) | ($21.2m) | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | — | — | $128.0m | $92.7m | $23.3m | $83.0m | |
| Loans Receivable | — | — | — | — | — | $54.9m | $0 | $0 | $0 | |
| Other Current Assets | — | — | — | — | — | $2.6m | $857k | $215k | $1.7m | |
| Other Receivables | — | — | — | — | — | $140.8m | $1.6m | — | — | |
| Prepaid Assets | — | — | — | — | — | $88.1m | $46.2m | $22.2m | $37.6m | |
| Receivables Adjustments Allowances | — | — | — | — | — | ($30.3m) | ($26.5m) | ($22.7m) | — | |
| Taxes Receivable | — | — | — | — | — | $54.7m | $54.6m | $67.5m | $71.3m | |
| Inventory, Net | $77.9m | $77.9m | $2.0m | $1.5m | $10.6m | $67.2m | $16.1m | $28.4m | $78.0m | |
| Assets, Current | — | $4.9b | $708.8m | $316.2m | $127.1m | $137.9m | $41.0m | $46.5m | $106.4m | |
| Total current assets | $4.9b | $6.7b | $4.9b | $2.2b | $832.9m | $874.3m | $281.7m | $226.4m | $743.9m | |
| Property, Plant and Equipment, Net | $156.6m | $156.6m | $15.8m | $12.4m | $4.5m | $5.4m | $9.3m | $9.8m | $12.2m | |
| Goodwill | — | $75.8m | $1.4m | $1.3m | — | — | — | — | — | |
| Intangible Assets, Net (Excluding Goodwill) | — | $9.9m | $27k | $20k | $4k | — | — | — | — | |
| Operating Lease, Right-of-Use Asset | — | — | $6.5m | $4.9m | $7.1m | $4.7m | $12.3m | $26.6m | $38.7m | |
| Other Assets, Noncurrent | — | — | — | — | $5.5m | $3.8m | — | — | — | |
| Additional Financial Items | ||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | — | $40.2m | $6.4m | $903k | $375k | $131k | $115k | $569k | $660k | |
| Accrued Liabilities, Current | — | $927.4m | $186.7m | $166.1m | $120.3m | $106.4m | $50.2m | $42.0m | $41.7m | |
| Other Non-Operating Current Assets | $251.6m | $707.4m | $440.1m | $287.8m | $110.0m | $166.0m | $15.3m | $71.8m | $87.5m | |
| Other Non-Operating Non-Current Assets | — | — | — | — | — | — | — | $268k | $1.3b | |
| Other Current Liabilities | $163.4m | $1.2b | $1.3b | $1.2b | $788.3m | $674.3m | $344.5m | $370.8m | $291.3m | |
| Other Non-Operating Non-Current Liabilities | — | — | — | — | $200.8m | $107.6m | $58.6m | $27.2m | — | |
| Finance lease, Non-current portion of lease liabilities | — | — | — | — | — | — | — | $1.2b | $1.1b | |
| Operating lease, Non-current portion of lease liabilities | — | — | $10.1m | $1.9m | $34.4m | $10.9m | $77.5m | $154.8m | $245.4m | |
| Redeemable non-controlling interests | — | — | — | — | — | — | — | $150.0m | $380.9m | |
| Accumulated Depreciation | — | — | — | — | — | ($234.4m) | ($242.7m) | ($248.0m) | ($28.9m) | |
| Capital Lease Obligations | — | — | — | — | — | $21.9m | $85.1m | $1.4b | $1.6b | |
| Construction In Progress | — | — | — | — | — | $7.2m | $43.5m | $778k | $3.1m | |
| Current Accrued Expenses | — | — | — | — | — | $426.1m | $143.1m | $158.2m | $113.2m | |
| Current Capital Lease Obligation | — | — | — | — | — | $11.0m | $7.7m | $63.5m | $223.4m | |
| Current Debt | — | — | — | — | — | $335.2m | $178.7m | $370.1m | $397.2m | |
| Current Debt And Capital Lease Obligation | — | — | — | — | — | $346.2m | $186.4m | $433.6m | $620.5m | |
| Current Deferred Liabilities | — | — | — | — | — | $18.0m | $13.9m | $14.4m | $52.4m | |
| Gross PPE | — | — | — | — | — | $298.5m | $390.9m | $1.8b | $1.7b | |
| Hedging Assets Current | — | — | — | — | — | $36k | $0 | — | — | |
| Interest Payable | — | — | — | — | — | $51.0m | $4.5m | $19.5m | $3.0m | |
| Invested Capital | — | — | — | — | — | ($357.1m) | ($1.1b) | $77.3m | $176.3m | |
| Investments And Advances | — | — | — | — | — | $288.8m | $288.7m | $279.3m | — | |
| Investments In Other Ventures Under Equity Method | — | — | — | — | — | $287.3m | $287.3m | $279.3m | — | |
| Investmentsin Associatesat Cost | — | — | — | — | — | $1.5m | $1.5m | — | — | |
| Leases | — | — | — | — | — | $174.5m | $178.0m | $212.1m | $47.0m | |
| Long Term Capital Lease Obligation | — | — | — | — | — | $10.9m | $77.5m | $1.3b | $1.3b | |
| Long Term Equity Investment | — | — | — | — | — | $288.8m | $288.7m | $279.3m | — | |
| Machinery Furniture Equipment | — | — | — | — | — | $34.0m | $33.2m | $60.3m | $55.2m | |
| Net Debt | — | — | — | — | — | $1.0b | $642.5m | $346.8m | $324.2m | |
| Net PPE | — | — | — | — | — | $64.1m | $148.2m | $1.6b | $1.7b | |
| Net Tangible Assets | — | — | — | — | — | ($1.5b) | ($1.8b) | ($292.9m) | ($230.9m) | |
| Ordinary Shares Number | — | — | — | — | — | $1.2b | $1.4b | $56.4b | $64.9b | |
| Other Current Borrowings | — | — | — | — | — | $335.2m | $178.7m | $370.1m | $397.2m | |
| Other Equity Adjustments | — | — | — | — | — | $288.5m | $220.2m | $225.1m | $234.6m | |
| Other Equity Interest | — | — | — | — | — | — | ($550.1m) | ($107.9m) | ($21.2m) | |
| Other Non Current Assets | — | — | — | — | — | $24.0m | — | $268k | — | |
| Other Non Current Liabilities | — | — | — | — | — | $107.6m | $58.6m | — | — | |
| Other Payable | — | — | — | — | — | $150.5m | $113.8m | $132.7m | $50.4m | |
| Other Properties | — | — | — | — | — | $82.8m | $136.2m | $1.6b | $1.6b | |
| Preferred Securities Outside Stock Equity | — | — | — | — | — | $526.5m | $1.2b | $0 | — | |
| Properties | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Share Issued | — | — | — | — | — | $1.2b | $1.4b | $56.4b | $64.9b | |
| Tangible Book Value | — | — | — | — | — | ($1.5b) | ($1.8b) | ($292.9m) | ($230.9m) | |
| Working Capital | — | — | — | — | — | ($424.3m) | ($322.2m) | ($658.8m) | ($233.0m) | |
| Total non-current assets | $396.0m | $680.8m | $438.2m | $408.5m | $400.6m | $376.9m | $436.9m | $1.9b | $1.7b | |
| Total non-current liabilities | $719.6m | $516.3m | $1.9b | $1.9b | $2.1b | $936.2m | $692.5m | $1.3b | $1.3b | |
| Total Mezzanine equity | $8.4b | — | — | — | — | $526.5m | $695.6m | $150.0m | $336.1m | |
| Total Uxin Limited shareholders’ deficit | ($8.1b) | $2.4b | $469.2m | ($2.3b) | ($2.0b) | ($1.5b) | ($1.3b) | ($292.9m) | ($230.9m) | |
| Total shareholders’ deficit | ($8.2b) | $2.4b | $465.1m | ($2.3b) | ($2.0b) | ($1.5b) | ($1.3b) | ($293.1m) | ($230.9m) | |
| Total Capitalization | — | — | — | — | — | ($692.3m) | ($1.3b) | ($292.9m) | ($220.9m) | |
| Total Debt | — | — | — | — | — | $1.2b | $820.4m | $1.8b | $2.0b | |
| Total Tax Payable | — | — | — | — | — | $68.7m | $66.0m | $65.5m | $75.3m | |
| Assets | — | $5.3b | $771.6m | $373.9m | $188.3m | $197.4m | $104.6m | $267.4m | $345.9m | |
| Total assets | $5.3b | $7.3b | $5.4b | $2.6b | $1.2b | $1.3b | $718.6m | $2.1b | $2.4b | |
| LIABILITIES AND EQUITY | ||||||||||
| Current liabilities: | ||||||||||
| Operating Lease, Liability, Current | — | — | $4.7m | $4.6m | $1.8m | $11.0m | $7.7m | $2.0m | $5.1m | |
| Accounts Payable, Current | $65.7m | $65.7m | $18.3m | $18.7m | $15.4m | $14.6m | $11.7m | $11.2m | $9.3m | |
| Operating Lease, Liability, Noncurrent | — | — | $1.4m | $263k | $5.2m | $1.7m | $11.3m | $24.8m | $35.1m | |
| Deferred Revenue, Current | — | $27.6m | — | — | — | $18.0m | $13.9m | $14.4m | $52.4m | |
| Long-term Debt, Current Maturities | — | — | — | — | — | $36.8m | — | — | — | |
| Long-term Debt, Excluding Current Maturities | $374.1m | $374.1m | — | — | $233.0m | $817.6m | $42.5m | $7.4m | $10.0m | |
| Short-Term Debt | — | — | — | — | — | — | — | $51.2m | $187.5m | |
| Payables And Accrued Expenses | — | — | — | — | — | $737.8m | $403.6m | $437.1m | $304.0m | |
| Liabilities, Current | — | $4.3b | $429.1m | $434.5m | $175.1m | $204.9m | $87.9m | $104.4m | $139.7m | |
| Total current liabilities | $4.3b | $4.5b | $3.0b | $3.1b | $1.1b | $1.3b | $603.9m | $885.1m | $976.9m | |
| Long Term Debt And Capital Lease Obligation | — | — | — | — | — | $828.5m | $634.0m | $1.3b | $1.3b | |
| Deferred Tax Liabilities, Net | — | — | — | — | — | — | — | $202.9m | $397.4m | |
| Liabilities | — | $5.1b | $705.0m | $705.0m | $492.9m | $352.5m | $188.8m | $296.6m | $330.8m | |
| Total liabilities | $5.1b | $5.0b | $4.9b | $5.0b | $3.2b | $2.2b | $1.3b | $2.2b | $2.3b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | — | $39.6m | — | — | — | — | — | — | — | |
| Stockholders’ equity: | ||||||||||
| Common Stock, Value, Issued | — | $30k | $83k | $82k | $112k | $123k | $117k | $5.5m | $6.6m | |
| Retained Earnings (Accumulated Deficit) | ($8.2b) | ($8.2b) | ($1.8b) | ($2.2b) | ($2.4b) | ($2.5b) | ($2.5b) | ($2.7b) | ($2.8b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | $76.6m | $9.8m | $15.1m | $33.2m | $45.5m | $32.1m | $31.2m | $33.6m | |
| Additional Paid in Capital, Common Stock | — | — | $1.9b | $1.8b | $2.1b | $2.2b | $2.2b | $2.6b | $2.8b | |
| Additional Paid-In Capital | — | $13.0b | $13.1b | $13.0b | $13.7b | $14.3b | $15.5b | $18.9b | $19.4b | |
| Accumulated Other Comprehensive Income | $76.6m | $86.1m | $68.2m | $106.8m | $217.7m | $288.5m | $220.2m | $225.1m | $234.6m | |
| Capital Stock | — | — | — | — | — | $782k | $806k | $39.8m | $45.9m | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | — | — | $288.5m | $220.2m | $225.1m | $234.6m | |
| Stockholders' Equity Attributable to Parent | — | ($8.1b) | $67.3m | ($331.1m) | ($304.6m) | ($238.2m) | ($185.4m) | ($50.4m) | ($33.0m) | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | ($50.5m) | ($580k) | ($22k) | ($25k) | ($26k) | ($25k) | ($33k) | — | |
| Noncontrolling Interest | ($50.5m) | ($2.5m) | ($4.0m) | ($154k) | ($163k) | ($163k) | ($175k) | ($231k) | — | |
| Minority Interest | — | — | — | — | — | ($163k) | ($175k) | $149.8m | $336.1m | |
| Total Equity Gross Minority Interest | — | — | — | — | — | ($1.5b) | ($1.8b) | ($143.1m) | $105.2m | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | — | — | $1.5b | $1.9b | $1.3b | $1.3b | |
| Total Stockholders' Equity | $30k | $575k | $581k | $581k | $733k | $782k | $806k | $39.8m | $45.9m | |
| Liabilities and Equity | — | $5.3b | $771.6m | $373.9m | $188.3m | $197.4m | $104.6m | $267.4m | $345.9m | |
| Total liabilities, mezzanine equity and shareholders’ deficit | $5.3b | $7.3b | $5.4b | $2.6b | $1.2b | $1.3b | $718.6m | $2.1b | $2.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.