UXIN Uxin (UXIN) Q2 FY26 earnings call
Uxin demonstrated robust retail transaction volume growth and improved inventory efficiency in Q2 FY26, significantly outpacing a consolidating Chinese automotive market. While gross margin was temporarily impacted by rapid new car price declines, management anticipates a strong recovery in Q3, driven by proactive inventory adjustments and enhanced digital pricing capabilities. The company maintains a prudent operating approach amidst continued market volatility, focusing on capital efficiency and per-unit profitability.
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UXIN operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Retail transaction volume | 16.53KIn the first quarter of 2026, our business continued its strong growth momentum despite the seasonal impact of the Chinese New Year holiday on used car sales, retail transaction volume reached 16,530 units, representing a 119% year-over-year increase.Source: earnings call transcript | 19.61KOur retail transaction volume reached 19,610 units, up 89% year-over-year and 19% sequentially.Source: earnings call transcript | +18.6% |
| Average selling price Retail | 61K CNYThe average selling price or ASP of retail vehicles was RMB 61,000 compared with RMB 59,000 in the previous quarter and RMB 62,000 in the same period last year, remaining generally stable.Source: earnings call transcript | 55K CNYThe average selling price or ASP of our retail vehicles was RMB 55,000 compared with RMB 59,000 in the same period last year and RMB 61,000 last quarter.Source: earnings call transcript | -9.8% |
| Wholesale transaction volume | 1,681Our wholesale transaction volume was 1,681 units in the first quarter, representing a 134% year-over-year increase and a 32% decline sequentially.Source: earnings call transcript | 2,289Our wholesale transaction volume was 2,289 units in the second quarter, up 88% year-over-year and 36% sequentially.Source: earnings call transcript | +36.2% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.