Kaixin Holdings (KXIN) Operating Expenses (2018 - 2019)
Kaixin Holdings (KXIN) posted quarterly Operating Expenses of -$8.8 million for Q2 2019, up 40.9% year-over-year from -$6.2 million in Q2 2018, and down 7.6% quarter-over-quarter from -$8.2 million in Q1 2019.
Analysis
Kaixin Holdings (KXIN) Operating Expenses (2018 - 2019) Analysis & Trends
Kaixin Holdings (KXIN) has reported Operating Expenses for 2 consecutive years, with -$8.8 million the latest figure, recorded in Q2 2019.
- In Q2 2019, Operating Expenses rose 40.9% year-over-year to -$8.8 million; the TTM figure through Dec 2020 stood at -$8.8 million (up 48.17% YoY), while the FY2025 annual figure was $31.7 million, up 65.72% from the prior year.
- Operating Expenses declined to -$8.8 million in Q2 2019 per KXIN's latest filing, from -$8.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$8.2 million in Q1 2019 and bottomed at -$14.8 million in Q2 2018.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 52.87 Bn | 50.13 Bn | 1.38 Bn | 704.00 Mn |
| 2 | Penske Automotive | 14.22 Bn | 14.15 Bn | 1.36 Bn | 1.02 Bn |
| 3 | Rush Enterprises Inc \Tx\ | 9.01 Bn | 8.75 Bn | 361.67 Mn | 245.47 Mn |
| 4 | Carmax | 8.69 Bn | 8.10 Bn | 854.41 Mn | 635.18 Mn |
| 5 | Lithia Motors | 8.26 Bn | 7.90 Bn | 1.50 Bn | 1.01 Bn |
| 6 | Autonation | 6.73 Bn | 6.68 Bn | 1.23 Bn | 856.30 Mn |
| 7 | Uxin | 5.72 Bn | 5.71 Bn | - | 4.48 Mn |
| 8 | Valvoline | 4.10 Bn | 4.02 Bn | 214.90 Mn | 103.10 Mn |
| 9 | Openlane | 4.07 Bn | 3.88 Bn | 248.20 Mn | 487.10 Mn |
| 10 | Kaixin Holdings | 3.34 Mn | 2.48 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2019 | -8.77 Mn |
| Mar 31, 2019 | -8.15 Mn |
| Jun 30, 2018 | -14.84 Mn |