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stoqly.net Stock research from SEC filings Company report · November 1, 2026

Kaixin Holdings

KXIN Nasdaq· Retail-Auto Dealers & Gasoline Stations

Last close · Oct 30, 2026

$1.98

KIRA · Stoqly’s AI analyst, in plain words

  • Kaixin Holdings had only $0.1M of revenue in fiscal 2025: it is still developing what it sells.
  • Its operating margin was −24,489.9%: of every 100 in sales, about −24,490 is left after running the business.
  • Kaixin Holdings lost $53.9M in fiscal 2025. With no meaningful sales yet, it pays for its work from the cash it holds.
  • Operating cash flow was −$2.6M in fiscal 2025. At that burn of $2.6M a year, its $0.9M of cash and short-term investments would last about 0.3 years.

Market cap

$4.4M

P/E

—

Revenue

$0.1M

Net income

−$53.9M

Free cash flow

—

Operating margin

−24,489.9%

Kaixin Holdings in 30 seconds · fiscal 2025

Weak

Are shareholders being diluted?

+4,151.5%

A lot. The share count rose 4,151.5% last year, so each share owns noticeably less.

For information

Does it make a profit?

—

Not yet. It has no meaningful sales yet, so losses are expected at this stage.

Weak

How long would its cash last?

0.3 yrs

Not long. It burns $2.6M a year and holds $0.9M, under a year at that pace, so it may need new money soon.

For information

How is the share priced?

—

No P/E: it made no profit over the last four quarters.

What Kaixin Holdings does

No business description yet.

Fiscal year ends
December 31, 2025
Latest annual report
20-F · Apr 7, 2026
Legal name
Kaixin Holdings
CIK
0001713539
Source: stoqly.net · stoqly.net/companies/kxin · Generated November 1, 2026 Not investment advice · Page 1 of 3
stoqly.net Stock research from SEC filings Company report · November 1, 2026

Kaixin Holdings · KXIN · stoqly.net

Results and finances

The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.

Fiscal yearFY21FY22FY23FY24FY25
Sales and profit
Revenue $254M $82.8M $31.5M — $0.1M
Revenue growth 20,930.7% −67.4% −61.9% — —
Gross margin 2.1% 0.8% 1.1% — 100.0%
Operating margin −71.9% −57.9% −66.5% — −24,489.9%
Net income −$197M −$84.7M −$53.6M −$41.0M −$53.9M
Net margin −77.4% −102.3% −169.9% — −41,788.4%
Diluted EPS −$25.77 −$380.86 −$4,213.21 −$781.64 −$24.20
Cash
Cash from operations −$2.1M −$2.4M −$2.1M −$3.0M −$2.6M
Capital expenditure — $0.1M $0.4M $0.0M —
Free cash flow — −$2.5M −$2.5M −$3.0M —
FCF margin — −3.0% −7.9% — —
Share count change −89.7% −97.1% −94.3% 312.6% 4,151.5%
Debt and strength
Cash and short-term investments $5.3M $7.1M $2.1M $2.4M $0.9M
Debt incl. finance leases $6.3M $2.0M — — —
Shareholders' equity $29.7M $31.3M $45.6M $13.2M $21.9M
Current ratio 2.0x 2.1x 0.3x 0.3x 0.1x
Interest coverage −745.4x −46.4x −40.0x −56.0x −4,513.1x
Returns and quality
Return on capital −470.3% −144.5% — — —
Return on equity −1,097.4% −277.8% −139.3% −139.5% −307.2%
Return on tangible equity −1,308.6% −460.1% — — —
Piotroski F-score 4 5 4 — —
Altman Z'' −21.8 −18.1 −16.8 −55.6 −48.5

Insiders bought, 12 months

$0.0M

0 insiders

Insiders sold, 12 months

$0.0M

0 insiders

Of sales under plans

—

$0.0M

How to read these numbers

Revenue:
Total sales reported in the income statement.
Operating margin:
Operating income as a share of revenue.
Net income:
Profit after all expenses, interest and tax.
Free cash flow:
Cash from operations minus capital spending.
Net debt / EBITDA:
Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
Return on capital:
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Source: stoqly.net · stoqly.net/companies/kxin · Generated November 1, 2026 Not investment advice · Page 2 of 3
stoqly.net Stock research from SEC filings Company report · November 1, 2026

Kaixin Holdings · KXIN · stoqly.net

Charts and comparison

Ten years at a glance, and how it stacks up against similar companies.

Revenue

Net income

Margins, % of revenue

Gross Operating Net

Cash vs debt (incl. leases)

Cash Debt

Free cash flow

Dividends and buybacks

Dividends Buybacks

KIRA

At $1.98 a share, the company is worth $4.4M.

Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001713539). Latest version: stoqly.net/companies/kxin. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.