Kaixin Holdings (KXIN) Operating Income (2017 - 2019)
Kaixin Holdings (KXIN) posted quarterly Operating Income of -$6.3 million for Q2 2019, up 54.33% year-over-year from -$4.1 million in Q2 2018, and down 207.72% quarter-over-quarter from -$2.0 million in Q1 2019.
Kaixin Holdings (KXIN) Operating Income (2017 - 2019) Analysis & Trends
Kaixin Holdings (KXIN) has reported Operating Income for 3 consecutive years, with -$6.3 million the latest figure, recorded in Q2 2019.
- In Q2 2019, Operating Income rose 54.33% year-over-year to -$6.3 million; the TTM figure through Jun 2019 stood at -$42.1 million (down 5.46% YoY), while the FY2025 annual figure was -$31.6 million, down 65.05% from the prior year.
- Operating Income retreated to -$6.3 million in Q2 2019 per KXIN's latest filing, from -$2.0 million in the prior quarter.
- Across five years, Operating Income topped out at -$2612.0 in Q3 2017 and bottomed at -$33.6 million in Q4 2018.
- Historically, Operating Income has averaged -$10.3 million across 3 years, with a median of -$4.1 million in 2019.
- Annual changes were most pronounced in 2018 — Operating Income slumped 6714.09% — and 2019, when it soared 54.33%.
- Kaixin Holdings' Operating Income stood at -$26.1 million in 2017, then dropped by 28.81% to -$33.6 million in 2018, then soared by 81.4% to -$6.3 million in 2019.
- Business Quant data shows KXIN's Operating Income at -$6.3 million in Q2 2019, -$2.0 million in Q1 2019, and -$33.6 million in Q4 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 78.07 Bn | 78.06 Bn | - | - |
| 2 | Carvana | 51.62 Bn | 48.87 Bn | 1.38 Bn | 680.00 Mn |
| 3 | Penske Automotive | 14.25 Bn | 14.18 Bn | 1.36 Bn | 337.60 Mn |
| 4 | Lithia Motors | 8.52 Bn | 8.16 Bn | 1.50 Bn | 448.30 Mn |
| 5 | Carmax | 8.26 Bn | 7.67 Bn | 854.41 Mn | 219.24 Mn |
| 6 | Autonation | 6.97 Bn | 6.91 Bn | 1.23 Bn | 319.00 Mn |
| 7 | Rush Enterprises Inc \Tx\ | 6.35 Bn | 6.09 Bn | 361.67 Mn | 97.19 Mn |
| 8 | Autozi Internet Technology (Global) | 6.17 Bn | 5.99 Bn | - | - |
| 9 | Valvoline | 4.21 Bn | 4.13 Bn | 214.90 Mn | 112.20 Mn |
| 10 | Kaixin Holdings | 11.36 Mn | 10.50 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | -6.26 Mn |
| Mar 31, 2019 | -2.03 Mn |
| Dec 31, 2018 | -33.64 Mn |
| Sep 30, 2018 | -177,984.00 |
| Jun 30, 2018 | -13.70 Mn |
| Mar 31, 2018 | -111,785.00 |
| Dec 31, 2017 | -26.12 Mn |
| Sep 30, 2017 | -2,612.00 |