Radar Finance wen | Changfan edited | the deep sea
On December 15, Uxin Group (NASDAQ: UXIN) released its unaudited financial results for the second quarter of fiscal 2022. From July to September 2021, Uxin's trading volume and total revenue increased by more than 20% month-on-month, and the customer net recommendation index also hit a new high.
According to the financial report, in the second quarter, Uxin's used car trading volume was 3648 units, compared with 3011 units in the previous quarter, up 21.2% month-on-month; up 37.5% year-on-year; total revenue was 346 million yuan, last quarter was 278 million yuan, up 24.5% month-on-month; up 352.7% year-on-year, gross margin was 4.2%, and negative 22.4% in the same period last year, while losses continued to narrow, and the overall operation returned to the track of rapid growth.
Dai Kun, founder, chairman and CEO of Uxin Group, said, "This quarter, Uxin gradually increased its inventory level and maintained steady growth in its business. According to the plan, Uxin opened a second used car hypermarket in Hefei as scheduled. Continuous improvement in vehicle quality and service capabilities has gained consumer recognition, and the customer net recommendation value reached 56 points, maintaining an upward trend for four consecutive quarters. ”
For the first time, the financial report disclosed the situation of Uxin used car Hefei hypermarket. In November this year, Uxin used car Hefei hypermarket was officially opened, covering a total area of nearly 100,000 square meters, providing used car warehousing, testing, refurbishment, sales, after-sales service and other second-hand car full-process services, which greatly enriched consumers' choice of car brands and models. In addition, Uxin has now laid out the new energy vehicle category, including well-known brands at home and abroad such as Tesla, Weilai and Ideal.
Dai Kun said that Uxin used cars adhere to customer value as the center, strengthen the construction of the whole process system from vehicle source to sales, from delivery to after-sales service, continuously improve operational efficiency and service capabilities, and bring customers a one-stop worry-free car purchase experience. In the future, Uxin will continue to lead the formalization and branding development of the second-hand car industry through high-quality products and perfect after-sales protection.