Kaixin Auto Holdings logo

Kaixin Auto Holdings(KXIN)

upturn advisory logo
ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$1.42
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for KXIN

09/25/2026: KXIN (1-star) is currently NOT-A-BUY. Pass it for now.

Kaixin Auto Holdings is a small-cap, speculative company that has pivoted from a traditional used-car platform into the highly competitive Chinese New Energy Vehicle (NEV) manufacturing space. Its primary strength lies in its strategic focus on the high-growth EV sector, particularly commercial logistics, using its historical industry connections to attempt an entry into production. The investment story centers on the company’s ability to scale manufacturing, which remains unproven and high-risk. Key challenges include intense competition from established EV leaders, ongoing financial losses, and reliance on outside funding. The stock may interest speculative growth investors who can tolerate extreme volatility, but it carries significant execution and survival risks that require careful monitoring.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers exposure to the high-growth EV sector, but carries significant execution and survival risk.
Momentum investorMixed fitThe stock can experience extreme, news-driven price spikes which may suit traders, provided a positive upturn signal is present.
Value investorWeak fitThe lack of consistent earnings and high financial uncertainty makes this a poor fit for traditional value strategies.
Dividend investorWeak fitThe company does not pay dividends and focuses entirely on cash-intensive growth.
Low-risk investorWeak fitExtreme volatility and business transition risks make this unsuitable for risk-averse portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is susceptible to rapid price swings due to low float and speculative retail interest.
Valuation riskHighValuation is often disconnected from fundamentals, driven instead by market sentiment and funding announcements.
Competition risk (NEV manufacturing)StrongThe company faces immense pressure from well-funded, large-scale EV manufacturers.
Business qualityHighThe ongoing shift from a dealership model to manufacturing remains unproven at scale.
Dividend incomeLow / noneThere is no history or expectation of dividend payments for the foreseeable future.
Execution riskHighSuccessfully mass-producing and selling competitive EVs is a complex operational challenge.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -93.87%
Avg. Invested days 7
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
KXIN receives a 2-star rating, supported by available scored pillars. The rating is constrained by weak unit economics, soft company fundamentals, and soft analyst coverage.

Company Fundamentals

★★★★★
KXIN has soft overall fundamentals (2 stars), with weak financial health, soft growth momentum, and moderate ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-31.6%), soft cash generation (FCF margin -2002.3%), slightly negative revenue growth (+0.0%).

Financial Health Rating

★★★★★
KXIN's financial health is supported by soft cash strength, including free-cash-flow generation (-2002.3% of revenue). Operating efficiency is weak (1 stars), which helps explain the 1-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is KXIN's strongest growth driver at +15.0% FY2025 versus FY2024 (solid, 4 stars). By comparison, while revenue growth (+0.0%, slightly negative) and earnings growth (-31.6%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 0.1% and approximately 100.0% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.00%, which materially reduces the ownership score.

Top 5 Institutional Investors

Advisor Group Holdings, Inc. 0.00%
Group One Trading, LLC 0.00%
Citadel Advisors Llc 0.00%

Unit Economics (Per $1K Revenue)

★★★★★
KXIN generates approximately $-30,302 of gross profit, $-244,899 of operating income, and $-20,023 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 4.83%

Quantitative Style Profile

★★★★★
KXIN has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Small / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 64.30M USD
Price to earnings Ratio 0.06
1Y Target Price -
Price to earnings Ratio 0.06
1Y Target Price -
Volume (30-day avg) 3.8M shares
Beta 1.17
52 Weeks Range 0.95 - 832.50
Updated Date 09/25/2026
52 Weeks Range 0.95 - 832.50
Updated Date 09/25/2026
Dividends yield (FY) -
Basic EPS (TTM) 24.1

How Company Makes Money

Business areaWhat it includesRetail investor read
New Energy VehiclesProduction and anticipated sales of electric commercial and passenger vehicles.This is the company's future; if they succeed in building and selling cars, revenue could grow significantly.
Used Car BusinessTransactional fees and auto financing services for used vehicle sales.This legacy business provides a baseline, though it is currently secondary to the EV manufacturing pivot.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Advertisement

Valuation

Trailing PE 0.06
Forward PE -
Enterprise Value 72.10M
Price to Sales(TTM) 91.72
Enterprise Value 72.10M
Price to Sales(TTM) 91.72
Enterprise Value to Revenue 102.85
Enterprise Value to EBITDA -0.72
Shares Outstanding 42.13M
Shares Floating 42.13M
Shares Outstanding 42.13M
Shares Floating 42.13M
Percent Insiders -
Percent Institutions 0.06

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Kaixin Auto Holdings

Exchange NASDAQ
Headquarters -
IPO Launch date 2017-11-06
Chairman & CEO Mr. Mingjun Lin
Sector Consumer Cyclical
Industry Auto & Truck Dealerships
Full time employees 13
Full time employees 13

Kaixin Holdings, an investment holding company, sells domestic and imported automobiles in the People's Republic of China. 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 and web interfaces. The company was formerly known as Kaixin Auto Holdings. Kaixin Holdings is headquartered in Beijing, the People's Republic of China.