Shares of Uxin Limited (NASDAQ: UXIN), China's leading used car retailer, are soaring 8.55% in pre-market trading on Monday following the release of strong second quarter financial results and raised full-year guidance.
For the quarter ended June 30, 2025, Uxin reported total revenues of RMB658.3 million ($91.9 million), representing a 64.1% increase year-over-year. This growth was primarily driven by retail vehicle sales, which surged 87% to RMB607.6 million. The company's retail transaction volume hit 10,385 units, marking a substantial 153.9% jump from the same period last year and the fifth consecutive quarter of growth exceeding 140%.
Kun Dai, Founder, Chairman and Chief Executive Officer of Uxin, commented on the results: "Our business sustained its strong growth momentum in the second quarter of 2025, with retail transaction volume reaching 10,385 units, representing a 154% year-over-year increase. Importantly, we have also maintained healthy operating efficiency, with inventory turnover days stable at around 30, and customer satisfaction, as measured by NPS (net promoter score), at an industry-leading 65."
Looking ahead, Uxin raised its full-year 2025 growth guidance to approximately 130% compared to calendar year 2024. For the third quarter of 2025, the company expects retail transaction volume of 13,500 to 14,000 units, representing over 125% year-over-year growth, and total revenues between RMB830 million and RMB860 million.
The strong results and optimistic outlook appear to be driving investor enthusiasm for Uxin's stock. The company's business model of combining online platforms with offline superstores for used car sales seems to be gaining traction in the Chinese market. With the continued expansion of its superstore network, including the recent opening of a new location in Zhengzhou, Uxin is positioning itself for further growth in China's evolving used car market.