Uxin Limited (NASDAQ: UXIN), China's leading used car retailer, saw its stock surge 5.70% in pre-market trading on Monday following the release of its impressive second-quarter financial results for the period ended June 30, 2025. The company reported substantial growth in both transaction volume and revenue, while also raising its full-year guidance.
For the second quarter, Uxin's retail transaction volume reached 10,385 units, representing a significant year-on-year increase of 153.9%. This strong performance drove total revenues to RMB658.3 million (US$91.9 million), up 64.1% compared to the same period last year. Despite a slight decline in gross margin to 5.2% from 6.4% year-over-year, the company expects a strong rebound in the near future as it continues to optimize operations and expand its market presence.
Notably, Uxin has raised its full-year 2025 growth guidance to approximately 130% compared to calendar year 2024, reflecting management's confidence in the company's business model and growth trajectory. The company's CEO, Kun Dai, highlighted the continued ramp-up of newly launched superstores and strong sales momentum at existing locations as key drivers for sustainable growth in the coming years. With these positive developments and outlook, investors appear optimistic about Uxin's future prospects, as reflected in the pre-market stock price surge.