Earnings Call Summary | Uxin(UXIN.US) Q3 2024 Earnings Conference
Earnings Call Summary | Uxin(UXIN.US) Q3 2024 Earnings Conference
The following is a summary of the Uxin Limited (UXIN) Q3 2024 Earnings Call Transcript:
以下是优信有限公司（UXIN）2024年第三季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Uxin's retail sales in Q3 2024 marked a 34.7% increase quarter-over-quarter and a 5.2% increase year-over-year, reaching 3,081 vehicles.
EBITDA profitability was achieved at a store level for the first time in January 2024. The company expects to reach company-wide EBITDA profitability within 2024.
Total retail revenue for the quarter saw a 28% increase, reaching RMB319.2 million.
A 16% increase brought the total revenues to RMB410.5 million for Q3.
The gross margin was maintained at 4.8%, with expectations of recovery to above 6.5% the following quarter.
A decrease from RMB76.4 million to RMB43.8 million narrowed down the Adjusted EBITDA loss.
优信在2024年第三季度的零售额同比增长34.7％，同比增长5.2％，达到3,081辆。
2024年1月，门店层面的息税折旧摊销前利润首次实现盈利。该公司预计将在2024年内实现全公司息税折旧摊销前利润盈利。
该季度的零售总收入增长了28％，达到人民币3.192亿元。
增长了16％，使第三季度的总收入达到人民币4.105亿元。
毛利率维持在4.8％，预计下个季度将恢复到6.5％以上。
从人民币7,640万元减少至人民币4,380万元，缩小了调整后的息税折旧摊销前利润亏损。
Business Progress:
业务进展：
Uxin focuses on enhancing scalability to their profitability.
Strategic work is ongoing to bolster vehicle pricing capabilities and customer acquisition.
Stable vehicle turnover has been maintained despite market fluctuations.
Highly efficient vehicle turnover in super stores is regarded as an achievement for Uxin.
Cost reduction initiatives have been marked for execution from April onwards.
As part of strategic progression, site selection and operational preparations for 1 to 2 super-stores are on track to complete within 2024.
New round of financing has been initiated, intended to boost current inventory levels.
Uxin anticipates monthly EBITDA break-even by September 2024 and aims to achieve company-wide EBITDA profitability in Q4 of 2024.
Uxin专注于提高其盈利能力的可扩展性。
战略工作正在进行中，以增强汽车定价能力和客户获取。
尽管市场波动，但车辆周转率仍保持稳定。
超级商店的高效车辆周转率被视为优信的一项成就。
削减成本的举措已定于4月起执行。
作为战略进展的一部分，1至2家超市的选址和运营准备工作有望在2024年内完成。
新一轮融资已经启动，旨在提高当前的库存水平。
优信预计，到2024年9月，每月息税折旧摊销前利润将达到收支平衡，并计划在2024年第四季度实现全公司息税折旧摊销前利润盈利。
More details: Uxin IR
更多详情： Uxin IR
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