优信财报：零售交易量同比增长超150%

Core Insights - The core viewpoint of the news is that Uxin Group has demonstrated significant growth in both sales and revenue in the second quarter, showcasing the strong potential of its warehouse-style large marketplace model [1][2]. Financial Performance - In Q2, Uxin Group's total transaction volume reached 11,606 vehicles, representing a substantial year-on-year increase of 107.1% and a quarter-on-quarter increase of 40.4% [1]. - Retail transaction volume was 10,385 vehicles, with a year-on-year growth of 153.9% and a quarter-on-quarter growth of 37.6%, marking five consecutive quarters of over 140% year-on-year growth [1]. - Total revenue for Q2 was RMB 658 million, up 64.1% year-on-year and 30.6% quarter-on-quarter; retail revenue was RMB 608 million, reflecting an 87.0% year-on-year increase and a 30.5% quarter-on-quarter increase [1]. - The company's gross margin was 5.2%, down from 6.4% in the same period last year, but overall operational quality is improving [1]. - Adjusted EBITDA loss narrowed to RMB 16.5 million, a reduction of over 50% year-on-year [1]. Operational Highlights - Uxin's major marketplaces maintained stability, with inventory turnover days around 30 days, and a customer net promoter score (NPS) of 65, significantly leading the industry [2]. - The Wuhan warehouse marketplace saw a multiple increase in sales after trial operations, validating the replicability and growth potential of the "offline warehouse large marketplace + online national purchase" model [2]. - The CFO of Uxin stated that despite the traditional off-season and the opening of new marketplaces, the company achieved rapid growth in transaction volume and revenue, with significant narrowing of losses, demonstrating the resilience and profit potential of its business model [2]. Future Outlook - The founder and CEO of Uxin indicated that the expansion of the large marketplace model is progressing smoothly, with the Wuhan marketplace exceeding expectations and steadily improving profitability, becoming a new growth engine [2]. - As more city projects are launched, the company expects continued growth in sales and revenue, further solidifying its leading position in the Chinese used car market [2].