Kaixin Auto Holdings (KXIN) Balance Sheet
KXIN balance sheet, 2025
December 31, 2025 · U.S. dollars$50.9M assets = $11.1M liabilities + $39.8M equity
Both columns are drawn to the same scale: what KXIN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
KXIN financial health
Descriptive bands, not a rating. Fiscal 2025.
KXIN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $75,0002016 | $50.9M2025 | +106.4%/yr | |
| Total liabilities | $84,5022016 | $11.1M2025 | +71.9%/yr | |
| Shareholders’ equity | −$9,5022016 | $39.8M2025 | — | |
| Cash & short-term investments | $02016 | $859,0002025 | — | |
| Total debt | $02016 | $1.5M2025 | — | |
| Net cash (debt) | $02016 | −$603,0002025 | −$603,000 | |
| Working capital | −$9,5022016 | −$7.9M2025 | −$7.9M | |
| Current ratio | 0.892016 | 0.112025 | −0.77 | |
| Debt / equity | 0.002017 | 0.042025 | +0.04 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
KXIN assets
KXIN liabilities and equity
KXIN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
KXIN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $859,000 | $2.4M | $2.1M | $7.1M | $5.3M | $607,000 | $3.2M | $8.0M | $165,405 | $0 |
| Cash & equivalents | $859,000 | $2.4M | $2.1M | $7.1M | $5.3M | $607,000 | $3.2M | $8.0M | $165,405 | $0 |
| Short-term investments | — | — | — | — | — | — | — | $210.5M | $3.0M | $4.0M |
| Receivables | $0 | $0 | $1.5M | $8.8M | $19.8M | $734,000 | $219,000 | $3.5M | $11.6M | $6.7M |
| Inventory | $66,000 | $29,000 | $65,000 | $31,000 | $32.5M | $21.0M | $21.0M | $58.0M | $95.0M | $0 |
| Other current assets | $97,000 | $557,000 | $597,000 | $26.3M | $1.4M | $0 | $27.6M | $46.0M | $0 | $0 |
| Total current assets | $1.0M | $3.0M | $4.2M | $42.3M | $58.9M | $1.8M | $52.0M | $115.4M | $224,501 | $75,000 |
| Property, plant & equipment (net) | $344,000 | $565,000 | $792,000 | $477,000 | $583,000 | $119,000 | $2.4M | $813,000 | $0 | $0 |
| Goodwill & intangible assets | $31.3M | $20.7M | $62.6M | $12.9M | $14.6M | $293,000 | $0 | $75.0M | $91.6M | $0 |
| Long-term investments | $352,000 | $393,000 | $0 | $0 | $0 | $0 | $899,000 | $0 | $0 | $0 |
| Other non-current assets | $17.9M | $0 | $17.9M | $0 | $0 | $4.4M | $0 | $0 | $115.1M | $0 |
| Total assets | $50.9M | $24.6M | $85.5M | $55.7M | $74.2M | $6.6M | $54.4M | $191.2M | $207.0M | $75,000 |
| Liabilities | ||||||||||
| Accounts payable | — | $355,000 | $94,000 | $1.6M | $295,000 | $4.1M | $4.1M | $5.0M | $15,570 | $11,000 |
| Short-term debt | $1.5M | $981,000 | $2.7M | $9.4M | $6.4M | $15.3M | $18.4M | $500,000 | $0 | $0 |
| Deferred revenue | $6,000 | $77,000 | $764,000 | −$1.6M | $553,000 | $410,000 | $1.7M | $4.1M | — | — |
| Total current liabilities | $9.0M | $9.0M | $15.1M | $19.9M | $29.4M | $430,000 | $51.0M | $167.2M | $19,859 | $84,502 |
| Long-term debt | $0 | $0 | $0 | $0 | $4.0M | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $94,000 | $231,000 | $364,000 | $430,000 | $516,000 | $65,000 | $2.6M | — | $0 | $0 |
| Other long-term liabilities | $2.1M | $2.4M | $3.5M | $311,000 | $2.7M | $26,000 | $810,000 | $93.7M | $202.0M | $0 |
| Total liabilities | $11.1M | $11.5M | $18.6M | $20.2M | $36.1M | $430,000 | $51.9M | $261.0M | $19,859 | $84,502 |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $31.7M | $297,000 | $37,000 | $11,000 | $8,000 | $4,000 | $5,000 | $204.2M | $202.0M | $16,000 |
| Retained earnings (deficit) | −$431.4M | −$377.5M | −$336.6M | −$283.0M | −$198.3M | −$1.7M | −$192.2M | $2.6M | $327,748 | −$9,502 |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $2.0M | $2.0M | $898,000 | $1.5M | $645,000 | $250,000 | $1.2M | $1.0M | −$202.0M | $0 |
| Minority interest | $0 | $1,000 | $3.4M | $4.2M | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $39.8M | $13.2M | $63.5M | $31.3M | $29.7M | $6.2M | $2.5M | −$69.7M | $207.0M | −$9,502 |
| Key figures | ||||||||||
| Total debt | $1.5M | $1.1M | $3.0M | $9.7M | $10.8M | $15.3M | $19.2M | $500,000 | $0 | $0 |
| Net cash (debt) | −$603,000 | $1.3M | −$882,000 | −$2.6M | −$5.6M | −$14.7M | −$16.0M | $7.5M | $165,405 | $0 |
| Working capital | −$7.9M | −$6.1M | −$10.9M | $22.4M | $29.6M | $1.3M | $936,000 | −$51.8M | $204,642 | −$9,502 |
| Tangible book value | $8.5M | −$7.5M | $844,000 | $18.4M | $15.0M | $5.9M | $2.5M | −$144.7M | $115.3M | −$9,502 |
| Book value per share | — | — | — | — | — | — | $0.03 | — | — | — |
| Shares outstanding | — | — | — | — | — | — | 74.0M | — | — | — |
| Current ratio | 0.11 | 0.33 | 0.28 | 2.13 | 2.01 | 4.08 | 1.02 | 0.69 | 11.30 | 0.89 |
| Quick ratio | 0.10 | 0.26 | 0.23 | 0.80 | 0.85 | 3.12 | 0.07 | 0.07 | 590.33 | 78.76 |
| Debt / equity | 0.04 | 0.08 | 0.05 | 0.31 | 0.36 | 2.49 | 7.60 | — | 0.00 | — |
| Equity / assets | 78.2% | 53.5% | 74.2% | 56.2% | 40.0% | 93.5% | 4.7% | −36.5% | 100.0% | −12.7% |
| Jun '26 | Mar '26 | Dec '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $679,000 | $859,000 | $859,000 | $552,000 | $552,000 | $2.4M | $2.4M | $628,000 | $628,000 | $2.1M | $2.1M | $2.9M |
| Cash & equivalents | $679,000 | $859,000 | $859,000 | $552,000 | $552,000 | $2.4M | $2.4M | $628,000 | $628,000 | $2.1M | $2.1M | $2.9M |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.0M | $1.5M | $0 | $0 | $8.8M |
| Inventory | $68,000 | $66,000 | $66,000 | $30,000 | $30,000 | $29,000 | $29,000 | $64,000 | $64,000 | $65,000 | $65,000 | $29,000 |
| Other current assets | $881,000 | $97,000 | $97,000 | $516,000 | $516,000 | $557,000 | $557,000 | $1.4M | $1.0M | $2.1M | $2.1M | $29.9M |
| Total current assets | $1.6M | $1.0M | $1.0M | $1.1M | $1.1M | $3.0M | $3.0M | $3.2M | $3.2M | $4.2M | $4.2M | $41.6M |
| Property, plant & equipment (net) | $300,000 | $344,000 | $344,000 | $466,000 | $466,000 | $565,000 | $565,000 | $670,000 | $670,000 | $792,000 | $792,000 | $408,000 |
| Goodwill & intangible assets | $30.8M | $31.3M | $31.3M | $18.9M | $18.9M | $20.7M | $20.7M | $60.8M | $60.8M | $62.6M | $62.6M | $12.1M |
| Long-term investments | $0 | $0 | $352,000 | $358,000 | $0 | $393,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $18.2M | $18.3M | $0 | $0 | $358,000 | $0 | $393,000 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $51.0M | $50.9M | $33.0M | $20.8M | $20.8M | $24.6M | $24.6M | $64.6M | $64.6M | $67.6M | $67.6M | $54.1M |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | $355,000 | — | $92,000 | $92,000 | $94,000 | $511,000 | $14.0M |
| Short-term debt | $65,000 | $1.5M | — | $118,000 | $118,000 | $981,000 | $981,000 | $1.4M | $1.4M | — | $2.7M | $2.7M |
| Deferred revenue | $733,000 | $6,000 | — | $10,000 | — | $77,000 | — | — | $764,000 | — | — | $5.0M |
| Total current liabilities | $9.3M | $9.0M | $9.0M | $7.6M | $7.6M | $9.0M | $9.0M | $12.2M | $12.2M | $15.1M | $15.1M | $21.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | $94,000 | $150,000 | — | $231,000 | — | $310,000 | — | $364,000 | — | $308,000 |
| Other long-term liabilities | $2.0M | $2.1M | $2.1M | $2.1M | $2.1M | $2.4M | $2.4M | $3.2M | $3.2M | $3.5M | $3.5M | $251,000 |
| Total liabilities | $11.3M | $11.1M | $11.1M | $9.7M | $9.7M | $11.5M | $11.5M | $15.4M | $15.4M | $18.6M | $18.6M | $22.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $448.9M | $31.7M | — | $560,000 | $560,000 | $297,000 | $297,000 | $44,000 | $44,000 | — | $37,000 | $12,000 |
| Retained earnings (deficit) | −$433.4M | −$431.4M | −$431.4M | −$386.0M | −$385.9M | −$377.5M | −$377.5M | −$341.9M | −$341.9M | −$336.6M | −$336.6M | −$287.5M |
| Accumulated other comprehensive income | $2.0M | $2.0M | — | $2.0M | −$15.9M | $2.0M | −$15.9M | −$17.0M | −$17.0M | — | −$17.0M | $190,000 |
| Minority interest | — | — | $0 | $0 | — | $1,000 | — | — | — | — | — | — |
| Total shareholders' equity | $39.6M | $39.8M | $21.9M | $11.1M | $11.1M | $13.2M | $13.2M | $45.9M | $45.9M | $45.6M | $45.6M | $28.8M |
| Key figures | ||||||||||||
| Total debt | $105,000 | $1.5M | — | $150,000 | $150,000 | $1.1M | $1.1M | $1.6M | $1.6M | — | $2.8M | $3.0M |
| Net cash (debt) | $574,000 | −$603,000 | — | $402,000 | $402,000 | $1.3M | $1.3M | −$987,000 | −$987,000 | — | −$756,000 | −$130,000 |
| Working capital | −$7.7M | −$7.9M | −$7.9M | −$6.5M | −$6.5M | −$6.1M | −$6.1M | −$9.0M | −$9.0M | −$10.9M | −$10.9M | $19.9M |
| Tangible book value | $8.8M | $8.5M | −$9.4M | −$7.7M | −$7.7M | −$7.5M | −$7.5M | −$14.9M | −$14.9M | −$17.1M | −$17.1M | $16.7M |
| Book value per share | $3.95 | — | — | — | — | — | — | — | — | — | — | $1.24 |
| Shares outstanding | 10.0M | — | — | — | — | — | — | — | — | — | — | 23.2M |
| Current ratio | 0.17 | 0.11 | 0.11 | 0.14 | 0.14 | 0.33 | 0.33 | 0.26 | 0.26 | 0.28 | 0.28 | 1.92 |
| Quick ratio | 0.07 | 0.10 | 0.10 | 0.07 | 0.07 | 0.26 | 0.26 | 0.14 | 0.17 | 0.14 | 0.14 | 0.54 |
| Debt / equity | 0.00 | 0.04 | — | 0.01 | 0.01 | 0.08 | 0.08 | 0.04 | 0.04 | — | 0.06 | 0.10 |
| Equity / assets | 77.7% | 78.2% | 66.4% | 53.5% | 53.5% | 53.5% | 53.5% | 71.0% | 71.0% | 67.4% | 67.4% | 53.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 7, 2026); data from EODHD.
KXIN financial position
At the end of fiscal 2025 (December 31, 2025), Kaixin Auto had total assets of $50.9 million (up 106.6% from a year earlier), total liabilities of $11.1 million and shareholders' equity of $39.8 million. It held $0.9 million in cash and short-term investments against $1.5 million of debt, net debt of $0.6 million. Its current ratio was 0.11. In the latest quarter (ended June 30, 2026) total assets were $51.0 million and equity $39.6 million.
Related: KXIN income statement, KXIN cash flow statement, KXIN key metrics. See the KXIN stock overview for the latest quote and news.
KXIN balance sheet FAQ
What are Kaixin Auto's total assets?
Kaixin Auto reported total assets of $50.9 million at the end of fiscal 2025 (December 31, 2025), compared with $24.6 million a year earlier.
How much debt does Kaixin Auto have?
Kaixin Auto had $1.5 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.04.
How much cash does Kaixin Auto have?
Kaixin Auto held $0.9 million in cash and short-term investments at the end of fiscal 2025; with $1.5 million of debt that is net debt of $0.6 million.
What is Kaixin Auto's book value?
Kaixin Auto's shareholders' equity (book value) was $39.8 million at the end of fiscal 2025.
What is Kaixin Auto's current ratio?
Kaixin Auto had current assets of $1.0 million and current liabilities of $9.0 million, a current ratio of 0.11 (current liabilities exceed current assets).
How much goodwill does Kaixin Auto have?
Kaixin Auto carried $31.3 million of goodwill and intangible assets, 61.5% of total assets, at the end of fiscal 2025.