Latest Ratios: P/E Ratio -9.2x · EV/EBITDA N/A · ROE -219.5%. (2016–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $375M | $705M | $34M | $15M | $100M | $397M | $429M | $669M | $1.4B | — | — |
| Enterprise Value | $651M | $2.6B | $1.8B | $1.8B | $828M | $1.4B | $2.2B | $2.7B | $2.9B | — | — |
| P/E Ratio → | -9.19 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.79 | 0.22 | 0.02 | 0.01 | 0.05 | 0.25 | 0.67 | 0.42 | 2.08 | — | — |
| P/B Ratio | 19.16 | 5.58 | — | — | — | — | — | 1.44 | 0.60 | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.80 | 0.87 | 0.86 | 0.40 | 0.89 | 3.47 | 1.73 | 4.26 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 6.7% | 6.7% | 6.8% | 1.2% | 1.2% | 2.9% | -2.5% | 56.6% | 36.4% | 61.7% | 35.3% |
| Operating Margin | -5.4% | -5.4% | -13.8% | -20.7% | -20.7% | -22.1% | -121.5% | -70.7% | -376.9% | -93.5% | -152.1% |
| Net Profit Margin | -8.6% | -8.6% | -13.7% | -6.7% | -7.2% | -8.8% | -64.1% | -125.2% | -231.0% | -139.5% | -164.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -219.5% | -219.5% | — | — | — | — | — | -139.8% | -66.7% | — | — |
| ROA | -12.6% | -12.6% | -13.7% | -9.8% | -14.6% | -11.2% | -12.3% | -31.2% | -25.0% | -69.7% | -61.3% |
| ROIC | -7.4% | -7.4% | -13.4% | -124.1% | — | — | -50.1% | -26.2% | -50.1% | — | — |
| ROCE | -13.1% | -13.1% | -23.3% | -65.0% | -373.2% | — | -62.5% | -42.4% | -134.2% | -250.4% | -283.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 15.49 | 15.49 | — | — | — | — | — | 5.47 | 0.97 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 14.83 | — | — | — | — | — | 4.44 | 0.63 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -1.78 | -1.78 | -1.93 | -2.02 | -5.95 | -2.43 | -8.06 | -9.94 | -40.40 | -8942.50 | -1937.34 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.76 | 0.76 | 0.45 | 0.26 | 0.47 | 0.51 | 0.73 | 1.65 | 1.49 | 1.13 | 1.12 |
| Quick Ratio | 0.20 | 0.20 | 0.17 | 0.13 | 0.28 | 0.27 | 0.67 | 1.65 | 1.49 | 1.11 | 1.12 |
| Cash Ratio | 0.09 | 0.09 | 0.03 | 0.03 | 0.15 | 0.08 | 0.17 | 0.16 | 0.31 | 0.07 | 0.23 |
| Asset Turnover | — | 1.33 | 1.04 | 0.99 | 2.87 | 1.24 | 0.52 | 0.29 | 0.09 | 0.36 | 0.37 |
| Inventory Turnover | 5.54 | 5.54 | 9.08 | 18.45 | 18.39 | 3.60 | 9.37 | 49.84 | 22.46 | 9.35 | 52.42 |
| Days Sales Outstanding | — | 3.13 | 0.75 | 12.29 | 5.38 | 52.36 | 236.73 | 438.04 | 551.84 | 291.24 | 297.89 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 4.2% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 4.2% | 0.0% | — | — |
| Shares Outstanding | — | $209M | $7M | $7M | $4M | $4M | $4M | $3M | $3M | $3M | $3M |
Capital structure insolvency risk
According to recent market data, Uxin trades at a price-to-sales multiple of 0.70, which, when viewed alongside a negative TTM P/E of -8.14, suggests that investors are heavily discounting the company's ability to achieve profitability through its current capital-intensive inspection and reconditioning center business model.
The low P/S ratio relative to broader automotive retail peers indicates that the market is pricing in significant execution risk rather than growth potential. Investors should monitor whether this valuation floor holds as the company continues to navigate the competitive Chinese used vehicle market without a clear path to positive earnings.
Based on reported figures, Uxin's ROIC has consistently languished in negative territory, reaching -2.1% in 2025Q2, which demonstrates that the company's heavy investment in physical infrastructure has yet to generate returns that exceed the cost of capital required to sustain its regional retail operations.
The persistent decay in returns on invested capital highlights the difficulty of scaling an inventory-heavy model in a price-sensitive environment. This trend suggests that the current strategy of expanding physical reconditioning centers may be destroying shareholder value rather than compounding it, warranting further investigation into asset utilization.
As reported in financial statements, Uxin's cash conversion cycle of 24 days in 2025Q2 reflects the operational challenges of managing inventory turnover, which remains a critical bottleneck given the company's reliance on physical reconditioning centers to standardize its used vehicle offerings for the Chinese market.
While the DIO of 34 days suggests a relatively quick movement of assets, the overall efficiency is hampered by the high cost of maintaining these vehicles. Investors should monitor whether the company can optimize its supplier and customer leverage to improve cash flow, as current turnover rates appear insufficient to offset high fixed costs.
According to recent SEC filings, Uxin's debt-to-equity ratio of 85.10 indicates an extremely high level of financial leverage, which, combined with a negative interest coverage ratio of -1.93, suggests that the company faces significant challenges in servicing its obligations without further external capital or strategic support.
This level of leverage is particularly concerning given the company's ongoing operational losses and the capital-intensive nature of its business model. The data suggests that the company's financial position is highly vulnerable to interest rate fluctuations and shifts in credit availability within the Chinese automotive sector.
As highlighted by the company's transition to a principal-based revenue model, the P/S ratio is a commonly misapplied metric for Uxin, as it fails to account for the low-margin nature of vehicle sales compared to the historical fee-based revenue that previously characterized the company's platform-centric operations.
Analysts should instead focus on gross profit per unit or adjusted EBITDA to better gauge the underlying economic health of the business. Relying on revenue multiples risks overestimating the company's scale, as the current top-line growth is largely a function of accounting changes rather than improved operational profitability.
Includes 30+ ratios · 10 years · Updated daily
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Quick answers to the most common questions about buying UXIN stock.
Uxin Limited's current P/E ratio is -9.2x. This places it at the 50th percentile of its historical range.
Uxin Limited's return on equity (ROE) is -219.5%. The historical average is -142.0%.
Based on historical data, Uxin Limited is trading at a P/E of -9.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Uxin Limited has 6.7% gross margin and -5.4% operating margin.