Uxin (UXIN) Gross Margin % : 4.84% (As of Dec. 2023)

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What is Uxin Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Uxin's Gross Profit for the three months ended in Dec. 2023 was $2.8 Mil. Uxin's Revenue for the three months ended in Dec. 2023 was $57.5 Mil. Therefore, Uxin's Gross Margin % for the quarter that ended in Dec. 2023 was 4.84%.

The historical rank and industry rank for Uxin's Gross Margin % or its related term are showing as below:

UXIN' s Gross Margin % Range Over the Past 10 Years
Min: -2.48 Med: 35.31 Max: 70
Current: 4.32

During the past 7 years, the highest Gross Margin % of Uxin was 70.00%. The lowest was -2.48%. And the median was 35.31%.

UXIN's Gross Margin % is ranked worse than
94.33% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 19.535 vs UXIN: 4.32

Uxin had a gross margin of 4.84% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Uxin was 0.00% per year.

Uxin Gross Margin % Historical Data

The historical data trend for Uxin's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Uxin Gross Margin % Chart

Uxin Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Mar21

Mar22

Mar23

Gross Margin %

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36.45

56.59

-2.48

2.92

1.24

Uxin Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															1.30	0.60	2.27	6.10	4.84

Competitive Comparison of Uxin's Gross Margin %

For the Auto & Truck Dealerships subindustry, Uxin's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Uxin's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Uxin's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Uxin's Gross Margin % falls into.

Uxin Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Uxin's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	3.7	/	298.835
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(298.835 - 295.143)	/	298.835
	=	1.24 %

Uxin's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2.8	/	57.49
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(57.49 - 54.71)	/	57.49
	=	4.84 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Uxin (NAS:UXIN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Uxin had a gross margin of 4.84% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Uxin Gross Margin % Related Terms

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Uxin (UXIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Uxin Ltd (NAS:UXIN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16 Guangshun South Avenue, 21st Floor, Donghuang Building, Chaoyang District, Beijing, CHN, 100102

Website

https://www.xin.com

Uxin Ltd is an investment holding company. Along with its subsidiaries, the firm operates used car e-commerce platforms through its mobile applications and websites. It facilitates used car transaction services and financing solutions offered by third-party financing partners to buyers for their used car purchases. The company generates revenue through sales of the commission of salvage car sales, and interest income from the financial lease.