Kaixin Holdings (KXIN) FinancialsKXINKaixin Holdings

Kaixin Holdings (KXIN) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is New-car wholesales, accounting for 95.2% of total sales, equivalent to $12.07M. Other significant revenue streams include Used car financing income and Technical services. Understanding this composition is critical for investors evaluating how KXIN navigates market cycles within the Auto Vehicles, Parts & Service Retailers industry.

Evaluating the bottom line, Kaixin Holdings maintains a gross margin of 3.45%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -298.95%, while the net margin is -287.11%. These profitability ratios, combined with a Return on Equity (ROE) of -288.92%, provide a clear picture of how effectively KXIN converts its operational activities into shareholder value.

In the context of the broader market, KXIN competes directly with industry leaders such as NAAS and PEW. With a market capitalization of $115.92M, it holds a leading position in the sector. When comparing efficiency, KXIN's gross margin of 3.45% stands against NAAS's 85.07% and PEW's 13.46%. Such benchmarking helps identify whether Kaixin Holdings is trading at a premium or discount relative to its financial performance.

Kaixin Auto Holdings has reported a gross margin of -6300% for the first quarter of 2026, indicating severe financial distress. The net income for the same period was -$45,496,000, showing a significant loss compared to the previous year. The current ratio is low at 0.11, suggesting liquidity issues.