Kaixin Auto Holdings Stock Fundamentals
| KXIN Stock | USD 1.99 0.13 6.13% |
Kaixin Auto Holdings fundamentals help investors to digest information that contributes to Kaixin Auto's financial success or failures. It also enables traders to predict the movement of Kaixin Stock. The fundamental analysis module provides a way to measure Kaixin Auto's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kaixin Auto stock.
At this time, Kaixin Auto's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Total Operating Expenses is likely to grow to about 33.1 M, while Discontinued Operations is likely to drop (717.3 K). Kaixin | Select Account or Indicator |
Kaixin Auto Holdings Company Return On Asset Analysis
Kaixin Auto's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Kaixin Auto Return On Asset | -0.48 |
Most of Kaixin Auto's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kaixin Auto Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Kaixin Total Assets
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Based on the latest financial disclosure, Kaixin Auto Holdings has a Return On Asset of -0.4836. This is 144.37% lower than that of the Specialty Retail sector and 108.21% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is notably higher than that of the company.
Kaixin Auto Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kaixin Auto's current stock value. Our valuation model uses many indicators to compare Kaixin Auto value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kaixin Auto competition to find correlations between indicators driving Kaixin Auto's intrinsic value. More Info.Kaixin Auto Holdings is rated fourth overall in return on equity category among its peers. It also is rated fourth overall in return on asset category among its peers . At this time, Kaixin Auto's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kaixin Auto's earnings, one of the primary drivers of an investment's value.Kaixin Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kaixin Auto's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kaixin Auto could also be used in its relative valuation, which is a method of valuing Kaixin Auto by comparing valuation metrics of similar companies.Kaixin Auto is currently under evaluation in return on asset category among its peers.
Kaixin Auto Current Valuation Drivers
We derive many important indicators used in calculating different scores of Kaixin Auto from analyzing Kaixin Auto's financial statements. These drivers represent accounts that assess Kaixin Auto's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kaixin Auto's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 23.9B | 8.3B | 7.8B | 3.5B | 4.0B | 3.8B | |
| Enterprise Value | 23.9B | 8.3B | 7.8B | 3.5B | 4.1B | 3.8B |
Kaixin Fundamentals
| Return On Equity | -1.34 | ||||
| Return On Asset | -0.48 | ||||
| Operating Margin | (3.62) % | ||||
| Current Valuation | 4.78 M | ||||
| Shares Outstanding | 1.69 M | ||||
| Shares Owned By Insiders | 2.34 % | ||||
| Shares Owned By Institutions | 0.26 % | ||||
| Number Of Shares Shorted | 73.25 K | ||||
| Price To Earning | 110.64 X | ||||
| Price To Book | 0.08 X | ||||
| Price To Sales | 0.28 X | ||||
| Revenue | 31.54 M | ||||
| Gross Profit | (22.27 M) | ||||
| EBITDA | (50.77 M) | ||||
| Net Income | (53.56 M) | ||||
| Cash And Equivalents | 5.26 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 2.97 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 2.01 X | ||||
| Book Value Per Share | 46.51 X | ||||
| Cash Flow From Operations | (2.11 M) | ||||
| Short Ratio | 0.05 X | ||||
| Earnings Per Share | (129.04) X | ||||
| Number Of Employees | 23 | ||||
| Beta | 1.15 | ||||
| Market Capitalization | 3.56 M | ||||
| Total Asset | 85.53 M | ||||
| Retained Earnings | (336.57 M) | ||||
| Working Capital | (10.91 M) | ||||
| Current Asset | 114.82 K | ||||
| Current Liabilities | 1.62 M | ||||
| Net Asset | 85.53 M |
About Kaixin Auto Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kaixin Auto Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kaixin Auto using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kaixin Auto Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 764 K | 515 K | |
| Total Revenue | 31.5 M | 30 M | |
| Cost Of Revenue | 31.2 M | 29.6 M | |
| Stock Based Compensation To Revenue | 0.38 | 0.40 | |
| Sales General And Administrative To Revenue | 0.57 | 0.60 | |
| Research And Ddevelopement To Revenue | 0.02 | 0.01 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 1.38 | 1.31 | |
| Ebit Per Revenue | (0.67) | (0.70) |
Pair Trading with Kaixin Auto
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kaixin Auto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kaixin Auto will appreciate offsetting losses from the drop in the long position's value.Moving against Kaixin Stock
| 0.5 | SAH | Sonic Automotive | PairCorr |
| 0.43 | BH | Biglari Holdings | PairCorr |
| 0.4 | GPI | Group 1 Automotive | PairCorr |
| 0.38 | ABG | Asbury Automotive | PairCorr |
| 0.34 | WEYS | Weyco Group | PairCorr |
The ability to find closely correlated positions to Kaixin Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kaixin Auto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kaixin Auto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kaixin Auto Holdings to buy it.
The correlation of Kaixin Auto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kaixin Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kaixin Auto Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kaixin Auto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Kaixin Auto Piotroski F Score and Kaixin Auto Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kaixin Auto. If investors know Kaixin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kaixin Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (129.04) | Revenue Per Share 18.145 | Quarterly Revenue Growth (0.74) | Return On Assets (0.48) | Return On Equity (1.34) |
The market value of Kaixin Auto Holdings is measured differently than its book value, which is the value of Kaixin that is recorded on the company's balance sheet. Investors also form their own opinion of Kaixin Auto's value that differs from its market value or its book value, called intrinsic value, which is Kaixin Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kaixin Auto's market value can be influenced by many factors that don't directly affect Kaixin Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kaixin Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaixin Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaixin Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.