Uxin(US:UXIN) Xin Lang Cai Jing·2025-12-18 07:29Core Viewpoint - Uxin Group reported significant growth in transaction volume and revenue for Q3, driven primarily by retail sales, indicating a strong operational performance and potential for future expansion [2][3]. Financial Performance - Total transaction volume reached 15,904 vehicles in Q3, a 37.0% increase quarter-over-quarter and a 125.7% increase year-over-year [2]. - Retail transaction volume was 14,020 vehicles, reflecting a 35.0% quarter-over-quarter growth and a 133.5% year-over-year increase [2]. - Total revenue for Q3 was RMB 879 million, up 33.6% from the previous quarter and up 76.8% year-over-year [2]. - Retail vehicle sales revenue was RMB 819 million, with a quarter-over-quarter increase of 34.8% and a year-over-year increase of 84.3%, contributing significantly to total revenue [2]. Profitability - Gross margin improved to 7.5% in Q3, up from 5.2% in the previous quarter, indicating enhanced operational efficiency [2]. - Adjusted EBITDA loss narrowed significantly to RMB 5.3 million, a 43% reduction year-over-year and a 68% reduction quarter-over-quarter [2]. Strategic Focus - The company aims to continue focusing on retail business growth and improving operational quality to enhance financial performance [3]. - Future transaction volume is expected to grow over 110% year-over-year and more than 30% quarter-over-quarter in Q4 [3]. Operational Insights - Inventory turnover rate is stable at approximately 30 days, and the Net Promoter Score (NPS) is at 67, maintaining a high level for six consecutive quarters [3]. - New large warehouses in Wuhan and Zhengzhou are showing strong growth, with a new location in Jinan entering trial operations [3]. - Strategic partnerships with local governments in cities like Tianjin, Guangzhou, and Yinchuan are being established to promote warehouse development [3].