Kaixin Auto Holdings (KXIN) AI Stock Analysis

NASDAQ: KXINAI research summary: business, growth, valuation, analysts, bull and bear case.

KXIN AI stock analysis summary

AI Research

Kaixin Auto Holdings (KXIN) is a China-based automotive retailer whose annual revenue contracted from $253.8M in FY2021 to $129,000 in FY2025. The company operates with a trailing twelve months operating margin of -298.9% and held $679,000 in cash and short-term investments as of June 30, 2026. Its stock has declined 99.4% over the past year, closing at $1.65 on October 16, 2026.

Market cap
$74.7M
Revenue (TTM)
$701,000
P/E
0.1x
1Y return
-99.4%
S&P 500 16.8%
Avg. target
—

Bull case

  • Quarterly revenue grew 602.1% year-over-year in the latest quarter ending June 30, 2026.
  • The company maintains net cash of $574,000 with a debt-to-equity ratio of 0.00 as of June 30, 2026.
  • Trailing twelve months earnings per share stood at $23.81.

Bear case

  • Annual revenue fell from $253.8M in FY2021 to $129,000 in FY2025, producing a 5-year revenue compound annual growth rate of -79.2%.
  • The company generated free cash flow of -$2.6M in FY2025 and recorded a weak current ratio of 0.17 as of June 30, 2026.
  • Shares of KXIN dropped 99.4% over the past year and closed 91.4% below their 200-day moving average.

What Kaixin Auto does

Kaixin Auto Holdings specializes in the retail of domestic and imported automobiles across the People's Republic of China, focusing on prestigious brands such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. As of December 31, 2021, the company operated a network of 14 used car dealerships across 14 cities in 12 Chinese provinces. In addition to vehicle sales, the Beijing-headquartered company offers financing solutions to customers and affiliated dealerships through partnerships with financial institutions, helping consumers secure tailored financing options to access premium automotive brands.

Growth and profitability

Kaixin Auto Holdings experienced severe revenue contraction, posting a 5-year revenue compound annual growth rate of -79.2% from FY2019 to FY2025. After revenue surged to $253.8M in FY2021, it dropped to $82.8M in FY2022, $31.5M in FY2023, and $129,000 in FY2025. In FY2025, revenue fell 99.6%, with a gross margin of -3030.2%, an operating margin of -24489.9%, and a net loss of -$53.9M. For the trailing twelve months ended June 30, 2026, revenue stood at $701,000 with an operating margin of -298.9% and a net profit margin of 0.0%, despite quarterly revenue growth of 602.1% year-over-year.

KXIN income statement →

Balance sheet and cash flow

As of June 30, 2026, Kaixin Auto Holdings held $679,000 in cash and short-term investments against total debt of $105,000, resulting in net cash of $574,000. Total assets were $51.0M, and shareholders' equity stood at $39.6M, yielding a debt-to-equity ratio of 0.00. However, short-term liquidity was tight, with a current ratio of 0.17. Operating cash flow was -$2.6M and free cash flow was -$2.6M in FY2025, while the company's share count decreased 41.1% over 5 years.

KXIN balance sheet →

Valuation and performance

At a last close of $1.65, Kaixin Auto Holdings has a market capitalization of $74.7M and an enterprise value of $72.1M. The stock trades at a price-to-sales ratio of 106.6x and an EV-to-revenue multiple of 102.9x, substantially higher than the median of its US-listed Consumer Cyclical peers of 0.7x. Its trailing price-to-earnings ratio is 0.1x compared to the peer median of 18.0x, while its price-to-book ratio is 3.3x. Over the past year, KXIN shares declined 99.4%, trailing the S&P 500 (SPY) return of 16.8%.

KXIN key metrics →

What analysts expect

Kaixin Auto Holdings recorded 0 EPS beats over the last 4 quarters, reflecting ongoing operational difficulties. Wall Street analyst ratings, consensus price targets, and forward revenue or earnings estimates are not available for the company. Across recent reporting periods, financial performance has remained volatile, characterized by trailing twelve months earnings per share of $23.81 and a trailing twelve months operating margin of -298.9%. Future earnings announcement dates are not scheduled.

Key risks and what to watch

  • A current ratio of 0.17 as of June 30, 2026, points to severe short-term liquidity constraints.
  • Operating margins were deeply negative at -298.9% for the trailing twelve months and -24489.9% in FY2025.
  • The stock trades at a price-to-sales ratio of 106.6x compared to the sector peer median of 0.7x.
  • The company delivered 0 EPS beats over the last 4 quarters amid persistent net losses.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this KXIN AI stock analysis

This page is an AI-written research summary of Kaixin Auto Holdings (KXIN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: KXIN income statement, KXIN balance sheet, KXIN key metrics, KXIN chart. See the KXIN stock overview for the latest quote and news.

KXIN AI stock analysis FAQ

What does Kaixin Auto Holdings do?

Kaixin Auto Holdings is a Beijing-based auto dealership company that retails domestic and imported luxury vehicles, including brands like Audi, BMW, and Porsche, across China while offering auto financing solutions.

What were Kaixin Auto Holdings' revenue and net loss in FY2025?

In FY2025, Kaixin Auto Holdings generated $129,000 in revenue, representing a decline of 99.6%, and posted a net income of -$53.9M.

Does Kaixin Auto Holdings pay a dividend?

Kaixin Auto Holdings does not pay a dividend.

How much cash and debt does Kaixin Auto Holdings have?

As of June 30, 2026, the company held $679,000 in cash and short-term investments alongside total debt of $105,000, leaving net cash of $574,000.

How has KXIN stock performed relative to the S&P 500?

Over the past year, KXIN shares declined 99.4%, while the S&P 500 (SPY) returned 16.8%.

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