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Uxin Limited Reports Robust Financial Growth in Q2 2025

On September 29, 2025, Uxin Limited, a notable name in China’s used car retail market, announced its impressive financial results for the second quarter ending June 30, 2025. This report illustrates a significant surge in transaction volumes and revenues, reinforcing Uxin’s position as a leader in its field.

Financial Highlights

During the quarter, Uxin reported a total transaction volume of 11,606 units, reflecting a remarkable 40.4% increase from 8,264 units in the preceding quarter and an outstanding 107.1% rise compared to the same period the previous year. Retail transactions alone accounted for 10,385 units, a growth of 37.6% from 7,545 units quarter-over-quarter and an impressive 153.9% year-over-year.

Total revenues reached RMB 658.3 million (approximately US$ 91.9 million), marking a 30.6% increase from the previous quarter and a 64.1% rise compared to last year’s equivalent figure of RMB 401.2 million. This leap in financial performance is largely attributed to Uxin's effective inventory management and strong sales strategies deployed across its superstores.

The gross margin was 5.2%, slightly lower than 7.0% in the previous quarter, primarily due to rising competitive pressures from the new car market and the ongoing establishment phase of Uxin's new superstore in Wuhan. Despite this decline, Uxin’s loss from operations saw improvement, narrowing to RMB 43.1 million compared to a loss of RMB 35.3 million in the last quarter and RMB 62.5 million in the same period last year.

Management Insights

Kun Dai, the Company’s CEO, stated, “We have sustained a robust growth momentum in the second quarter of 2025, surpassing previous records in retail transaction volume. This consistent growth exemplifies our commitment to enhancing customer satisfaction and operational efficiency.” He attributed much of this success to their innovative approach and strategic opening of superstores, particularly highlighting the launch of the Wuhan location earlier in the year, which has begun to outperform sales expectations significantly.

Feng Lin, Uxin’s CFO, added that the increase in sales can be linked to improved inventory levels at existing stores and the successful ramp-up of operations at the Wuhan superstore. This location has positioned itself as a pivotal player in the market with expectations of continued growth.

Looking Ahead

Looking forward, Uxin anticipates further expansion and substantial growth throughout the third quarter. The management estimates retail transaction volumes could range between 13,500 and 14,000 units, with a projected total revenue of RMB 830 million to RMB 860 million. Additionally, they expect to recover their gross profit margin to approximately 7.5% in the upcoming quarter, indicating a positive outlook despite current market conditions.

The company opened its fourth superstore in Zhengzhou on September 27, 2025. This establishment is poised to significantly enhance Uxin’s footprint in central China, catering to a vast market budgeted at over 13 million residents. The new superstore spans approximately 150,000 square meters and can showcase up to 5,000 vehicles, enhancing the customer buying experience with an integrated reconditioning facility.

As Uxin continues to innovate and expand its operations, it remains committed to providing high-quality vehicles and superior after-sales support, ensuring a hassle-free transaction experience for customers.

Conclusion

Uxin Limited has consistently demonstrated the ability to adapt to market changes and consumer preferences, and its latest financial results solidify its position as China's leading used car retailer. The company is optimistic about achieving sustainable growth and will continue to focus on enhancing customer satisfaction and operational efficiency.

For more updates and detailed financial results, stakeholders are encouraged to participate in the upcoming conference call for an in-depth discussion on Uxin's strategic initiatives and financial outlook.