Uxin Reports Unaudited Financial Results for the Quarter Ended September 30, 2025 and Announces Entry into Definitive Agreement for Financing

Core Viewpoint - Uxin Limited reported strong financial results for the quarter ended September 30, 2025, with significant year-over-year growth in retail transaction volume and revenue, indicating a robust recovery and scalability of its business model in the used car retail sector in China [1][4][5]. Financial Performance - Non-GAAP adjusted EBITDA loss was RMB5.3 million (US$0.7 million), an improvement from a loss of RMB16.5 million in the previous quarter and a loss of RMB9.2 million in the same period last year [3][17]. - Total revenue reached RMB879 million (US$123.5 million), up 33.6% from RMB658.3 million in the last quarter and up 76.8% from RMB497.2 million in the same period last year [6][7]. - Retail revenue was RMB819 million (US$115 million), representing an 84% year-over-year growth and a 35% quarter-over-quarter growth [4][8]. - Gross margin improved to 7.5%, the highest in nearly three years, compared to 5.2% in the last quarter and 7.0% in the same period last year [11][14]. Transaction Volume - Retail transaction volume was 14,020 units, up 134% year-over-year and 35% from the previous quarter [4][6]. - Total transaction volume was 15,904 units, an increase of 37% from the last quarter and 125.7% from the same period last year [6]. Superstore Expansion - Uxin opened its fifth superstore in Jinan, Shandong Province, which can display over 1,000 vehicles, further enhancing its market presence in Northern China [20]. - The company has plans for additional superstores in 2026, indicating a strong pipeline for future growth [4][19]. Strategic Partnerships - Uxin entered into strategic partnerships for new superstores in Tianjin, Yinchuan, and Guangzhou, which are expected to enhance its supply chain and service network across northern China [21][22][23]. Business Outlook - For the fourth quarter of 2025, Uxin projects retail transaction volume to exceed 18,500 units, representing over 110% year-over-year growth [4][25]. - The company estimates total revenues for the full year 2025 to exceed RMB3,200 million, reflecting continued strong performance [25].