Kaixin Auto Holdings
Kaixin Holdings, an investment holding company, primarily sells domestic and imported automobiles in the People's Republic of China and Hong Kong. It also sells new and used vehicles through a network of dealerships with a focus on automobile brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche, as well as through online sales channels, including the Kaixin app … Read more
Kaixin Auto Holdings (KXIN) - Net Assets
Latest net assets as of June 2025: $11.11 Million USD
Based on the latest financial reports, Kaixin Auto Holdings (KXIN) has net assets worth $11.11 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.77 Million) and total liabilities ($9.67 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.11 Million |
| % of Total Assets | 53.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | 113.76% |
| 10-Year Change | N/A |
| Growth Volatility | 213.82 |
Kaixin Auto Holdings - Net Assets Trend (2016–2024)
This chart illustrates how Kaixin Auto Holdings's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kaixin Auto Holdings (2016–2024)
The table below shows the annual net assets of Kaixin Auto Holdings from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.17 Million | -80.31% |
| 2023-12-31 | $66.92 Million | +88.48% |
| 2022-12-31 | $35.50 Million | -6.76% |
| 2021-12-31 | $38.08 Million | +517.86% |
| 2020-12-31 | $6.16 Million | +143.50% |
| 2019-12-31 | $2.53 Million | +103.63% |
| 2018-12-31 | $-69.72 Million | -133.68% |
| 2017-12-31 | $206.99 Million | +2178488.66% |
| 2016-12-31 | $-9.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kaixin Auto Holdings's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 37753349800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $297.00K | 2.25% |
| Other Comprehensive Income | $1.97 Million | 14.96% |
| Other Components | $388.45 Million | 2948.82% |
| Total Equity | $13.17 Million | 100.00% |
Kaixin Auto Holdings Competitors by Market Cap
The table below lists competitors of Kaixin Auto Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spuntech
TA:SPNTC
|
$546.62K |
|
ProConcept Marketing Group Inc.
PINK:LNTO
|
$546.64K |
|
MICROCHIP TECH - Dusseldorf Stock Exchang
DU:MCP
|
$546.65K |
|
FLEXTRONICS INTL
MU:FXI
|
$546.80K |
|
BAAPL
PINK:BAAPL
|
$545.98K |
|
The Hydration Pharmaceuticals Company Ltd
AU:HPC
|
$545.86K |
|
Environmental Waste International Inc
PINK:YEWTF
|
$545.78K |
|
BANCA GENERALI
BE:B7A
|
$545.72K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kaixin Auto Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 63,483,000 to 13,173,000, a change of -50,310,000 (-79.2%).
- Net loss of 40,972,000 reduced equity.
- New share issuances of 3,725,000 increased equity.
- Other comprehensive income increased equity by 1,073,000.
- Other factors decreased equity by 14,136,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-40.97 Million | -311.03% |
| Share Issuances | $3.73 Million | +28.28% |
| Other Comprehensive Income | $1.07 Million | +8.15% |
| Other Changes | $-14.14 Million | -107.31% |
| Total Change | $- | -79.25% |
Book Value vs Market Value Analysis
This analysis compares Kaixin Auto Holdings's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.00 | $4.54 | x |
| 2017-12-31 | $70790.18 | $4.54 | x |
| 2018-12-31 | $-2383.75 | $4.54 | x |
| 2019-12-31 | $-0.06 | $4.54 | x |
| 2020-12-31 | $2247.63 | $4.54 | x |
| 2021-12-31 | $6999.06 | $4.54 | x |
| 2022-12-31 | $4223.77 | $4.54 | x |
| 2023-12-31 | $4993.55 | $4.54 | x |
| 2024-12-31 | $251.31 | $4.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kaixin Auto Holdings utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -311.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.87x
- Recent ROE (-311.03%) is below the historical average (-147.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -35373.53% | 0.91x | 0.00x | $-24.05 Million |
| 2017 | 0.16% | 0.00% | 0.00x | 1.00x | $-20.36 Million |
| 2018 | 0.00% | -20.54% | 2.26x | 0.00x | $-81.65 Million |
| 2019 | 0.00% | -20.64% | 6.15x | 0.00x | $-68.61 Million |
| 2020 | -2.69% | -13.75% | 0.18x | 1.07x | $-782.30K |
| 2021 | -662.73% | -77.44% | 3.42x | 2.50x | $-199.55 Million |
| 2022 | -270.50% | -102.25% | 1.49x | 1.78x | $-87.84 Million |
| 2023 | -84.37% | -169.85% | 0.37x | 1.35x | $-59.91 Million |
| 2024 | -311.03% | 0.00% | 0.00x | 1.87x | $-42.29 Million |
Industry Comparison
This section compares Kaixin Auto Holdings's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $479,331,244
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kaixin Auto Holdings (KXIN) | $11.11 Million | 0.00% | 0.87x | $546.07K |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $2.82 Billion |
| ACV Auctions Inc. (ACVA) | $556.10 Million | -14.06% | 0.77x | $1.29 Billion |
| Balincan International Inc (ALTB) | $-44.44K | 0.00% | 0.00x | $549.75 Million |
| AMA Group Limited (AMGRF) | $162.85 Million | 10.57% | 0.80x | $14.62 Million |
| AutoNation Inc (AN) | $2.46 Billion | 28.17% | 4.29x | $6.02 Billion |
| AutoCanada Inc (AOCIF) | $86.39 Million | 10.04% | 2.10x | $138.46 Million |
| AUTO1 Group SE (ATOGF) | $118.48 Million | -80.39% | 2.00x | $2.48 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-28.41 Million | 0.00% | 0.00x | $21.12 Million |
| Boyd Group Services Inc (BYDGF) | $710.60 Million | 6.21% | 1.21x | $3.03 Billion |
| CarGurus (CARG) | $256.86 Million | 16.41% | 0.53x | $2.65 Billion |